City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
201036
Name:
Lease Amendment - WCPI Commercial LLC - 1449
Webster Street - $139,170 Annual Base Rent
Status:
Type:
Resolution
Passed
File created:
In control:
9/22/2020
Clerk of the Board
On agenda:
Final action:
9/22/2020
10/30/2020
Enactment date:
10/30/2020
506-20
Enactment #:
Title:
Resolution approving and authorizing the Director of Property, on behalf of the Office of Economic and
Workforce Development, and WCPI Commercial LLC, to amend the lease of real of property located
at 1449 Webster Street at a base rent of $139,170 per year with annual rent increases based upon
the Consumer Price Index (CPI) between 2% and 5%, for an extended term commencing upon
approval of this Resolution and expiring on August 31, 2023, plus one three-year option to extend;
and authorizing the Director of Property to execute documents, make certain modifications, and take
certain actions in furtherance of the First Amendment, the Lease and this Resolution, as defined
herein.
Sponsors:
Attachments:
1. Leg Ver1, 2. DRAFT Lease Amend No. 1, 3. Executed Lease 090208, 4. RED Ltr 092220, 5. Form
126, 6. Comm Pkt 100720, 7. PPt Presentation 100720, 8. Board Pkt 102020, 9. Form 126 Final, 10.
Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED FROM DEPARTMENT
Clerk of the Board
9/14/2020
1
RECEIVED AND ASSIGNED
President
9/22/2020
1
RECOMMENDED
Budget and Finance Committee
10/7/2020
1
Pass
ADOPTED
Board of Supervisors
10/20/2020
1
Pass
APPROVED
Mayor
10/30/2020
1