City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
200315
Name:
Real Property Lease Amendments - KLW
Investments, LLC - 3119 Mission Street and 3120
Mission Street - $2,072,836.48 Annual Base Rent
Status:
Type:
Resolution
Passed
File created:
In control:
3/24/2020
Clerk of the Board
On agenda:
Final action:
5/22/2020
Enactment date:
5/22/2020
212-20
Enactment #:
Title:
Resolution authorizing the Director of Property to exercise Lease Amendments for leases of real
property located at 3119 Mission Street and 3120 Mission Street for office and service spaces, with
KLW Investments, LLC, as landlord, each for five-year terms to commence on July 1, 2020, and to
expire on June 30, 2025, at the combined monthly base rent of $172,736.37 for a total annual base
rent of $2,072,836.48 with base rent increasing at 3% per year.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. Original Lease - 3119 Mission Str, 3. Original Lease - 3120 Mission Str, 4. DRAFT
Amend No. 1 - 3119 Mission Str, 5. DRAFT Amend No. 2 - 3120 Mission Str, 6. MYR Memo 032420,
7. BLA Report 042920, 8. Comm Pkt 042920, 9. BLA Report 050620, 10. Comm Pkt 050620, 11.
Form 126, 12. Leg Ver2, 13. Board Pkt 051220, 14. Form 126 Final, 15. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
3/24/2020
1
CONTINUED
Budget and Finance Committee
4/29/2020
1
Pass
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Budget and Finance Committee
5/6/2020
1
Pass
RECOMMENDED AS AMENDED
Budget and Finance Committee
5/6/2020
2
Pass
ADOPTED
Board of Supervisors
5/12/2020
2
Pass
APPROVED
Mayor
5/22/2020
2