File #: 240006    Version: Name: Real Property Lease - AIM TWO - 755 and 759 South Van Ness Avenue - $644,931 Initial Annual Base Rent
Type: Resolution Status: Passed
Introduced: 1/9/2024 In control: Clerk of the Board
On agenda: 1/9/2024 Final action: 2/21/2024
Enactment date: 2/21/2024 Enactment #: 065-24
Title: Resolution approving and authorizing the Director of Property, on behalf of the Department of Public Health, to execute a Lease Agreement for continued use of office and clinic space at 755 and 759 South Van Ness Avenue and the adjacent parking lot with AIM TWO, as Landlord, effective upon approval of the Resolution by the Board of Supervisors and the Mayor and upon execution of the Lease by the Director of Property, terminating on December 31, 2027, at the monthly base rent of $52,178.86 for a total annual base rent of $644,931 with annual 3% to 5% CPI increases; plus one five-year extension option; and authorizing 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, do not materially decrease the benefits to the City and are necessary or advisable to effectuate the purposes of the Lease or this Resolution.
Attachments: 1. Leg Ver1, 2. DRAFT Lease, 3. RED Ltr 111723, 4. Form 126, 5. BLA Rpt 013124, 6. Cmte Pkt 013124, 7. RED Presentation 013124, 8. BLA Rpt 020724, 9. Cmte Pkt 020724, 10. Leg Ver2, 11. Board Pkt 021324, 12. Form 126 Final, 13. Leg Final
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.