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Title:
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Resolution approving and authorizing the Director of Property, on behalf of the City’s Department of Administration’s ReproMail Services, to execute a lease amendment extending the term for five years for continued use of approximately 10,469 square feet of office space of real property located at 110-12th Street, with 101 South Van Ness, LLC for continued use of approximately 10,469 square feet of office space at a base rent of $454,668.67 per year with 3% annual rent increases beginning February 1, 2024, for an extended term commencing February 1, 2023, and expiring on January 31, 2028; and authorizing the Director of Property to execute any amendments to the Lease, make certain modifications and take certain actions that do not materially increase the obligations or liabilities to the City, do not materially decrease the benefits to the City and are necessary or advisable to effectuate the purposes of the Lease or this Resolution.
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