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File #: 190465    Version: 1 Name: Real Property Lease Extension Option - Pacific Bay Inn, Inc. - 520 Jones Street - $1,063,632 Annual Base Rent
Type: Resolution Status: Passed
Introduced: 4/30/2019 In control: Clerk of the Board
On agenda: Final action: 5/31/2019
Enactment date: 5/31/2019 Enactment #: 254-19
Title: Resolution authorizing the Director of Property to exercise a Lease Extension Option for the real property located at 520 Jones Street, known as the Pacific Bay Inn, with Pacific Bay Inn, Inc., as landlord, and the City and County of San Francisco, as tenant, for use by the Department of Homelessness and Supportive Housing for a ten-year term commencing on June 1, 2019, through May 31, 2029, at the monthly base rent of $88,636 for a total annual base rent of $1,063,632.
Sponsors: Mayor, Matt Haney
Attachments: 1. Leg Ver1, 2. Lease Extension 041919, 3. Original Lease 040809, 4. FY2019 Fair Market Rent Documentation System, 5. Rent Calculation, 6. Form 126, 7. BLA Report 051519, 8. Comm Pkt 051519, 9. Board Pkt 052119, 10. Form 126 Final, 11. Leg Final
Related files: 090262
Legislation Details
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