File #: 180419    Version: 1 Name: Real Property Lease Renewal and Amendment - Michael C. Mitchell - 837 Malcolm Road, Burlingame - Initial Monthly Base Rent $10,500
Type: Resolution Status: Passed
Introduced: 5/1/2018 In control: Clerk of the Board
On agenda: 5/1/2018 Final action: 5/30/2018
Enactment date: 5/30/2018 Enactment #: 164-18
Title: Resolution retroactively authorizing a five-year lease extension and amendment for approximately 6,000 square feet of improvements, situated on 10,500 square feet of land at 837 Malcolm Road, Burlingame, with Michael C. Mitchell, an individual, as Landlord, for use by the San Francisco International Airport, for the period of May 1, 2018, through April 30, 2023, subject to the City’s option to terminate early, at the initial annual cost of $126,000 (or $10,500 monthly), with 3% annual increases thereafter, and two one-year options to extend the term.
Attachments: 1. Leg Ver1, 2. AC Res No. 18-0105 040318, 3. AC Memo 040318, 4. Lease Amd No. 2 031918, 5. RD Renewal Ltr 101414, 6. Lease Amd No. 1 102610, 7. Lease 011209, 8. AC Ltr 041318, 9. Form 126, 10. Comm Pkt 051018, 11. Bdgt Analyst Rpt 051018, 12. Board Pkt 052218, 13. Leg Final
Related files: 230402
Legislation Details
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