City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
180358
Name:
Real Property Lease - LCL Global - 777 Brannan
Street, LLC - 777 Brannan Street - Police
Department - $1,004,698 Initial Annual Base Rent
Status:
Type:
Resolution
Passed
File created:
In control:
4/17/2018
Clerk of the Board
On agenda:
Final action:
4/17/2018
5/30/2018
Enactment date:
5/30/2018
159-18
Enactment #:
Title:
Resolution authorizing a Lease for approximately 27,154 square feet consisting of entire three floors
of 777 Brannan Street, for the Police Department, with LCL Global - 777 Brannan Street, LLC, a
limited liability corporation, for ten years with two five-year options for renewal, for the period of July 1,
2018, to June 30, 2028, at an initial monthly base rent not to exceed $83,724.83 for a total annual
initial base rent of $1,004,698 in the initial year with annual increases of three percent; and finding the
Lease is in conformance with the General Plan, and the eight priority policies of Planning Code,
Section 101.1.
Sponsors:
Attachments:
1. Leg Ver1, 2. DRAFT Lease, 3. Form 126, 4. Bdgt Analyst Rpt 051718, 5. Comm Pkt 051718, 6.
Board Packet 052218, 7. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED FROM DEPARTMENT
Clerk of the Board
4/9/2018
1
RECEIVED AND ASSIGNED
President
4/17/2018
1
RECOMMENDED AS COMMITTEE
REPORT
Budget and Finance Sub-
Committee
5/17/2018
1
Pass
ADOPTED
Board of Supervisors
5/22/2018
1
Pass
APPROVED
Mayor
5/30/2018
1