File #: 230914    Version: 1 Name: Lease of City Property - Our Planet Recycling SF, LLC - Assessor’s Parcel Block No. 5695, Lot No. 23 at Alemany Boulevard - Annual Base Rent of $23,397.96
Type: Resolution Status: Passed
Introduced: 9/5/2023 In control: Clerk of the Board
On agenda: 9/5/2023 Final action: 10/26/2023
Enactment date: 10/26/2023 Enactment #: 494-23
Title: Resolution authorizing and approving the Lease of City-owned real property located at Assessor’s Parcel Block No. 5695, Lot No. 23, adjacent to Alemany Boulevard in San Francisco, with Our Planet Recycling SF, LLC, a California corporation, doing business as Our Planet Recycling, for an initial five-year term at an annual base rent of $23,397.96 (or the monthly amount of $1,949.83); plus 3% annual increases to base rent; plus one additional five-year extension option to further extend the term of the Lease, subject to satisfaction of certain conditions and to be readjusted to then-fair market base rent; effective upon approval of this Resolution; finding the proposed transaction is in conformance with the General Plan, and the eight priority policies of Planning Code, Section 101.1; adopting California Environmental Quality Act (CEQA) findings; and to authorize 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.
Attachments: 1. Leg Ver1, 2. DRAFT Office Lease, 3. PLN Proj Summ and Draft Motion 071323, 4. PC Motion No. 21351 071323, 5. Ntc Special Restrictions 082123, 6. RED Ltr 081123, 7. PLN GP Referral 100223, 8. Form 126, 9. Cmte Pkt 101123, 10. Board Pkt 101723, 11. Form 126 Final, 12. Leg Final
Legislation Details
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