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File #: 180012    Version: 1 Name: Real Property Sublease - HealthRIGHT 360 - 1563 Mission Street - Central City Older Adults Program - $93,242 Initial Annual Base Rent
Type: Resolution Status: Passed
Introduced: 1/9/2018 In control: Clerk of the Board
On agenda: 1/9/2018 Final action: 3/9/2018
Enactment date: 3/9/2018 Enactment #: 051-18
Title: Resolution authorizing the sublease of approximately 1,668 square feet at 1563 Mission Street with HealthRIGHT 360, a California nonprofit corporation, for a five year initial term to commence March 1, 2018, through February 28, 2023, with one three-year optional term, at the monthly base rent of $7,770.10 for a total initial base rent of $93,242 with 3% annual increases, reimbursement up to $38,000 to landlord for tenant improvements, additional charge for utilities and services per month and First Right of Refusal to purchase the building.
Attachments: 1. Leg Ver1, 2. DRAFT Sublease, 3. RED Ltr 122917, 4. Form 126, 5. Form 126 Attachment, 6. GPR 012618, 7. Comm Pkt 021518, 8. Board Pkt 022718, 9. Leg Final
Legislation Details
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