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Title:
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Resolution approving and authorizing the Director of Property, on behalf of the Department of Public Health, to lease real property located at 2712 Mission Street from Barak D. & Taly L. Jolish Living Trust, Zepporah Glass Trust and Oded Schwartz & Ruth Rosenthal Trust, for an initial ten-year term from March 26, 2022, through March 25, 2032, at a base rent of $795,200 per year with annual rent increases based on the Consumer Price Index, plus one five-year option to extend and a right of first offer to purchase; 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; and authorizing the Director of Property to enter into amendments or modifications to the Lease that do not materially increase the obligations or liabilities to the City and are necessary to effectuate the purposes of the Lease or this Resolution.
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