File #: 221084    Version: 1 Name: Lease and Property Management Agreement - The Tides Center/Delivering Innovation in Supportive Housing - 1321 Mission Street - Not to Exceed $19,500,000
Type: Resolution Status: Passed
Introduced: 10/18/2022 In control: Clerk of the Board
On agenda: Final action: 11/17/2022
Enactment date: 11/17/2022 Enactment #: 494-22
Title: Resolution 1) approving and authorizing the Director of Property and the Executive Director of the Department of Homelessness and Supportive Housing, to enter into a Lease and Property Management Agreement (“Agreement”) with The Tides Center, as fiscal sponsor for Delivering Innovation in Supportive Housing (“Tenant”), to authorize Tenant to lease, operate, and maintain the real property and residential improvements located at 1321 Mission Street for an initial five-year term, to commence upon approval of this Resolution, with an option to extend for up to an additional five years with a base rent of $1 per year with no annual rent increases, and for net property management and operating costs to be paid by the City in an amount not to exceed $19,500,000; 2) determining that the below market rent payable under the Agreement will serve a public purpose by providing permanent supportive housing for low-income households in need, in accordance with Administrative Code, Section 23.33; 3) adopting findings declaring that the Property is “exempt surplus land” under the California Surplus Lands Act; 4) affirming the Planning Department’s determination under the California Environmental Quality Act; 5) adopting the Planning Department’s findings of consistency with the General Plan, and the eight priority policies of Planning Code, Section 101.1; and 6) authorizing the Director of Property and the Executive Director of the Department of Homelessness and Supportive Housing to execute the Agreement, make certain modifications, and take certain actions in furtherance of the agreement and this Resolution, as defined herein.
Sponsors: Mayor, Matt Dorsey, Ahsha Safai, Hillary Ronen
Attachments: 1. Leg Ver1, 2. DRAFT Lease Agmt, 3. PSC Contract Summary 081522, 4. SOI Amendment 102021, 5. ADM Ltr 101322, 6. Form 126, 7. BLA Rpt 110922, 8. Cmte Pkt 110922, 9. HSH Presentation 110922, 10. Board Pkt 111522, 11. Leg Final, 12. Form 126 Final, 13. Executed Lease - PM Agrmt 021723
Related files: 220133, 210967, 180864, 231026
Legislation Details
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