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File #: 200316    Version: Name: Real Property Lease Extension Option - RACHRIS, LLC - 2 Gough Street - $624,115.76 Annual Base Rent
Type: Resolution Status: Passed
Introduced: 3/24/2020 In control: Clerk of the Board
On agenda: Final action: 5/22/2020
Enactment date: 5/22/2020 Enactment #: 213-20
Title: Resolution authorizing the Director of Property to exercise an option to extend a Lease of real property located at 2 Gough Street for office space, with RACHRIS, LLC, as landlord, for a five-year term commencing on July 1, 2020, and expiring on June 30, 2025, at a monthly base rent of $52,009.65 for a total annual base rent of $624,115.76 with base rent increasing at 3% per year.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. Ltr Conditional Option Extension 021220, 3. Original Lease 111414, 4. MYR Memo 032420, 5. BLA Report 042920, 6. Comm Pkt 042920, 7. BLA Report 050620, 8. Comm Pkt 050620, 9. Form 126, 10. Leg Ver2, 11. Board Pkt 051220, 12. Form 126 Final, 13. Leg Final
Legislation Details
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