City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
220880
Name:
Real Property Lease Extension - 124 Turk Street,
L.P. - 124 Turk Street - Permanent Supportive
Housing - $563,653.94 Annual Base Rent
Status:
Type:
Resolution
Passed
File created:
In control:
7/26/2022
Clerk of the Board
On agenda:
Final action:
9/29/2022
Enactment date:
9/29/2022
401-22
Enactment #:
Title:
Resolution authorizing the Director of Property, on behalf of the Department of Homelessness and
Supportive Housing, to exercise the option to extend the term of the Lease of real property located at
124 Turk Street, with 124 Turk Street, L.P., for continued use of 55 units of Permanent Supportive
Housing at a base rent of $563,653.94 per year with annual rent increases beginning August 2023, for
a ten-year term commencing upon approval of this Resolution and expiring on July 31, 2032; and
authorizing the Director of Property to execute documents, make certain modifications, and take
certain actions in furtherance of the extended term under the Lease and this Resolution, as defined
herein.
Sponsors:
Mayor, Dean Preston, Ahsha Safai, Hillary Ronen
Attachments:
1. Leg Ver1, 2. Lease Extension 042822, 3. Original Lease 080102, 4. Holdover Agmt 051622, 5. RED
Ltr 071822, 6. Form 126, 7. BLA Rpt 091422, 8. Cmte Pkt 091422, 9. HSH Presentation 091422, 10.
Board Pkt 092022, 11. Form 126 Final, 12. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
7/26/2022
1
RECOMMENDED
Budget and Finance Committee
9/14/2022
1
Pass
ADOPTED
Board of Supervisors
9/20/2022
1
Pass
APPROVED
Mayor
9/29/2022
1