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File #: 231035    Version: 1 Name: Real Property Lease - Gough Club, LLC - 42 Gough Street - $44,472 Initial Base Rent
Type: Resolution Status: Passed
Introduced: 10/17/2023 In control: Clerk of the Board
On agenda: 10/17/2023 Final action: 11/21/2023
Enactment date: 11/21/2023 Enactment #: 544-23
Title: Resolution authorizing and approving the lease of real property located at 42 Gough Street, with Gough Club, LLC, a California limited liability corporation, for a three year term at an initial base rent of $44,472 per year with annual rent increases based on the Consumer Price Index of 3% to 5%, with one option to extend for one-year, effective upon approval of this Resolution; authorizing the Director of Property to enter into any additions, amendments, or other modifications to the Lease that do not materially increase the obligations or liabilities of the City to effectuate the purposes of the Lease or this Resolution.
Attachments: 1. Leg Ver1, 2. DRAFT Office Lease, 3. RED Ltr 092823, 4. Form 126, 5. RED Presentation 110823, 6. Cmte Pkt 110823, 7. Board Pkt 111423, 8. Form 126 Final, 9. Leg Final
Legislation Details
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