File #: 190920    Version: Name: Lease Amendment - Lexington Lion San Francisco, LP - 350 Rhode Island Street-North - $2,850,000 Rent Credit
Type: Resolution Status: Passed
Introduced: 9/17/2019 In control: Clerk of the Board
On agenda: 9/17/2019 Final action: 10/25/2019
Enactment date: 10/25/2019 Enactment #: 448-19
Title: Resolution authorizing the execution and acceptance of the First Amendment to Lease of that certain lease dated September 28, 2017 (“Lease”), by and between Lexington Lion San Francisco, LP, a Delaware Limited Partnership and the City and County of San Francisco, for the real property located at 350 Rhode Island Street-North, facilitating the provision of a rent credit to the City in the amount of $2,850,000 in consideration for a waiver of certain real estate expense pass-through protections afforded to the City under the Lease, with no change to the term, to commence upon approval by the Board of Supervisors.
Attachments: 1. Leg Ver1, 2. DRAFT Lease Amend No. 1, 3. Lease 092817, 4. RED Ltr 090919, 5. BLA Report 100219, 6. Comm Pkt 100219, 7. BLA Report 100919, 8. Comm Pkt 100919, 9. BLA Report 101619, 10. Comm Pkt 101619, 11. Leg Ver2, 12. Form 126, 13. Board Pkt 102219, 14. Leg Final, 15. Form 126 Final
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.