This resolution allows the Department of Public Health to amend its lease for a property at 650-5th Street, setting a base rent of $159,200 per year with annual increases of 3%, and extending the lease until June 30, 2026, with options for two additional one-year extensions. It also authorizes the Director of Property to make necessary changes and execute related documents.
Resolution approving and authorizing the Director of Property, on behalf of the Department of Public Health, to amend the lease of real property located at 650-5th Street, with Townsend Associates, LLC, at a base rent of $159,200 per year with 3% annual increases, for an initial term commencing upon approval of this Resolution and expiring on June 30, 2026, plus two one-year options 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.
How it got here
This legislation originated from the need to amend an existing lease for the Department of Public Health's Jail Health Services facility.
The City entered into an original lease with Townsend Associates, LLC for the property at 650-5th Street, which is used for Jail Health Services.
The original lease was set to expire, prompting the need for an amendment to extend the lease term and adjust rental terms.
The Real Estate Division submitted a proposal to amend the lease, extending the term to June 30, 2026, and adding two one-year extension options.
The Budget and Finance Committee recommended the approval of the lease amendment for the property at 650-5th Street.
The Board of Supervisors adopted the resolution to amend the lease, allowing the Department of Public Health to continue operations at the site.
The Mayor approved the resolution, finalizing the lease amendment with Townsend Associates, LLC.
Reconstructed from attached documents & the official record
