City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
171288
Name:
Real Property Lease - W.Y.L. Orion Properties, LLC
- 125 Bayshore Blvd - $489,000 in Initial Year
Status:
Type:
Resolution
Passed
File created:
In control:
12/5/2017
Clerk of the Board
On agenda:
Final action:
2/9/2018
Enactment date:
2/9/2018
023-18
Enactment #:
Title:
Resolution approving a lease of a parcel of approximately 31,200 square feet, with buildings totaling
approximately 22,965 square feet at 125 Bayshore Blvd, with W.Y.L. Orion Properties, LLC, a
California limited liability company as Landlord, for an initial six month term (immediate occupancy
upon full execution of lease) plus five one-year annual renewals thereafter, rent commencement from
approximately April 1, 2018, to no later than September 30, 2023, for use by the Department of
Homelessness and Supportive Housing for emergency shelter purposes at an initial annual rent of
$489,000 with 3% annual increases; finding the proposed transaction is in conformance with the
General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. General Plan Referral 011018, 3. Draft Lease, 4. Form 126, 5. Bdgt Analyst Rpt
012518, 6. Comm Pkt 012518, 7. SFBC Ltr 012418, 8. Bd Pkt 013018, 9. Form 126 Final, 10. Leg
Final, 11. Executed Lease 021218
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
12/5/2017
1
RECOMMENDED AS COMMITTEE
REPORT
Budget and Finance Committee
1/25/2018
1
Pass
ADOPTED
Board of Supervisors
1/30/2018
1
Pass
APPROVED
Mayor
2/9/2018
1
RECEIVED FROM DEPARTMENT
Clerk of the Board
6/27/2023
1