City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
170243
Name:
Real Property Lease Renewal - WCPI Commercial,
LLC - 1449 Webster Street - Maximum Rent of
$157,300 in Initial Year
Status:
Type:
Resolution
Passed
File created:
In control:
3/7/2017
Clerk of the Board
On agenda:
Final action:
5/19/2017
Enactment date:
5/19/2017
163-17
Enactment #:
Title:
Resolution authorizing the exercise of an option to extend the lease of 3,900 square feet at 1449
Webster Street with WCPI Commercial, LLC, as Landlord, for three years, subject to City’s right to
terminate, for the Office of Economic and Workforce Development’s Western Addition employment
assistance programs, for $13,000 monthly with annual increases between 2% and 5%, for a maximum
rent of $157,300 in the initial year of the lease extension term of September 1, 2017, through August
31, 2020; and adding one further option to extend the term with the same terms and conditions for an
additional three year term.
Sponsors:
London N. Breed
Attachments:
1. Leg Ver1, 2. Lease 090208, 3. Form 126, 4. Bdgt Analyst Rpt 042717, 5. Comm Pkt 042717, 6.
Board Pkt 050917, 7. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
3/7/2017
1
RECOMMENDED
Budget and Finance Sub-
Committee
4/27/2017
1
Pass
ADOPTED
Board of Supervisors
5/9/2017
1
Pass
APPROVED
Mayor
5/19/2017
1