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File #: 201036    Version: 1 Name: Lease Amendment - WCPI Commercial LLC - 1449 Webster Street - $139,170 Annual Base Rent
Type: Resolution Status: Mayors Office
Introduced: 9/22/2020 In control: Budget and Finance Committee
On agenda: 9/22/2020 Final action: 10/20/2020
Enactment date: Enactment #:
Title: Resolution approving and authorizing the Director of Property, on behalf of the Office of Economic and Workforce Development, and WCPI Commercial LLC, to amend the lease of real of property located at 1449 Webster Street at a base rent of $139,170 per year with annual rent increases based upon the Consumer Price Index (CPI) between 2% and 5%, for an extended term commencing upon approval of this Resolution and expiring on August 31, 2023, plus one three-year option to extend; and authorizing the Director of Property to execute documents, make certain modifications, and take certain actions in furtherance of the First Amendment, the Lease and this Resolution, as defined herein.
Attachments: 1. Leg Ver1, 2. DRAFT Lease Amend No. 1, 3. Executed Lease 090208, 4. RED Ltr 092220, 5. Form 126, 6. Comm Pkt 100720, 7. PPt Presentation 100720, 8. Board Pkt 102020
Legislation Details
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