City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
190465
Name:
Real Property Lease Extension Option - Pacific Bay
Inn, Inc. - 520 Jones Street - $1,063,632 Annual
Base Rent
Status:
Type:
Resolution
Passed
File created:
In control:
4/30/2019
Clerk of the Board
On agenda:
Final action:
5/31/2019
Enactment date:
5/31/2019
254-19
Enactment #:
Title:
Resolution authorizing the Director of Property to exercise a Lease Extension Option for the real
property located at 520 Jones Street, known as the Pacific Bay Inn, with Pacific Bay Inn, Inc., as
landlord, and the City and County of San Francisco, as tenant, for use by the Department of
Homelessness and Supportive Housing for a ten-year term commencing on June 1, 2019, through
May 31, 2029, at the monthly base rent of $88,636 for a total annual base rent of $1,063,632.
Sponsors:
Mayor, Matt Haney
Attachments:
1. Leg Ver1, 2. Lease Extension 041919, 3. Original Lease 040809, 4. FY2019 Fair Market Rent
Documentation System, 5. Rent Calculation, 6. Form 126, 7. BLA Report 051519, 8. Comm Pkt
051519, 9. Board Pkt 052119, 10. Form 126 Final, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
4/30/2019
1
RECOMMENDED
Budget and Finance Sub-
Committee
5/15/2019
1
Pass
ADOPTED
Board of Supervisors
5/21/2019
1
Pass
APPROVED
Mayor
5/31/2019
1