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File #: 200604    Version: Name: Lease of Real Property - 333 Valencia Owner L.L.C. - 333 Valencia Street - Base Annual Rent $2,209,239 - Tenant Improvements $6,500,000
Type: Resolution Status: Passed
Introduced: 6/16/2020 In control: Clerk of the Board
On agenda: 6/16/2020 Final action: 7/31/2020
Enactment date: 7/31/2020 Enactment #: 343-20
Title: Resolution approving and authorizing the Director of Property, on behalf of the City’s Department of Public Health, to lease real property located at 333 Valencia Street, for an initial term of fifteen years anticipated to commence on February 16, 2021, from 333 Valencia Owner LLC, at a base rent of $2,209,239 per year with 3% annual increases; authorizing the Director of Property to execute documents, make certain modifications and take certain actions in furtherance of the Lease and this Resolution, as defined herein; finding the proposed transaction is in conformance with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and adopting findings under the California Environmental Quality Act.
Attachments: 1. Leg Ver1, 2. DRAFT Lease Agmt, 3. PLN GPR 061720, 4. DPH Ltr 060820, 5. BLA Report 070820, 6. Comm Pkt 070820, 7. Presentation 070820, 8. Leg Ver2, 9. BLA Report 071520, 10. Comm Pkt 071520, 11. Board Pkt 072120, 12. Form 126, 13. Leg Ver3, 14. Leg Final, 15. Executed Lease
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
7/31/20203 Mayor APPROVED  Action details Meeting details Not available
7/21/20202 Board of Supervisors AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLEPass Action details Meeting details Video Video
7/21/20203 Board of Supervisors ADOPTED AS AMENDEDPass Action details Meeting details Not available
7/15/20202 Budget and Finance Committee RECOMMENDEDPass Action details Meeting details Video Video
7/8/20201 Budget and Finance Committee AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLEPass Action details Meeting details Video Video
7/8/20202 Budget and Finance Committee CONTINUED AS AMENDEDPass Action details Meeting details Not available
6/16/20201 President RECEIVED AND ASSIGNED  Action details Meeting details Not available
6/8/20201 Clerk of the Board RECEIVED FROM DEPARTMENT  Action details Meeting details Not available
Legislation Details
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