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Title:
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Resolution approving and authorizing the Director of Property, on behalf of the Police Department, to amend the lease of real property located at 750 and 752 Vallejo Street, with Evans Investment Partners, LLC, at a base rent of $120,792 per year with 3% annual increases, with tenant improvements for the City’s lawful occupancy of the premises, the cost of which shall not exceed $267,382 and extending the term of the lease for five years, from August 15, 2022, for a total term of August 15, 2017, through August, 15, 2027, plus two five-year options to extend; and authorizing the Director of Property to execute documents, make certain modifications and take certain actions in furtherance of the lease amendment, the lease and this Resolution, as defined herein.
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