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Resolution#220931Passed
In plain English
The resolution approves a lease amendment for the Office of the City Attorney to occupy approximately 75,137 square feet at 1390 Market Street, extending the lease for five years after certain improvements are completed, with an initial annual rent of nearly $5 million. It also allocates $1.6 million for tenant improvements and allows part of the space to be used for childcare services.
Resolution approving a lease amendment extending the term from January 1, 2023 to the date that is 5 years after the completion of certain tenant improvements for approximately 75,137 square feet at 1390 Market Street (Fox Plaza), with SFII 1390 MARKET ST, LLC as Landlord, for use by the Office of the City Attorney, at an initial annual rent of $4,959,042 (or $413,253.50 per month) with 3% annual increases thereafter, and City contributing $1,600,000 toward the cost of the tenant improvements; and approving the continued use of a portion of the premises for childcare services.
How it got here
Document trail
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BLA Rpt 092122
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BLA Rpt 101922
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BLA Rpt 102622
PDF โBudget and Legislative Analyst
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How they voted
ADOPTED
Board of Supervisors ยท Nov 1, 2022Pass
5-0
RECOMMENDED
Budget and Finance Committee ยท Oct 26, 2022Pass
1-0
AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLE
Budget and Finance Committee ยท Oct 19, 2022Pass
1-0
CONTINUED AS AMENDED
Budget and Finance Committee ยท Oct 19, 2022Pass
1-0
CONTINUED TO CALL OF THE CHAIR
Budget and Finance Committee ยท Sep 21, 2022Pass
1-0
Legislative journey
Clerk of the BoardAug 15, 2022
ยทRECEIVED FROM DEPARTMENT
PresidentSep 6, 2022
โRECEIVED AND ASSIGNED
Budget and Finance CommitteeSep 21, 2022 โ Oct 26, 2022
โทCONTINUED TO CALL OF THE CHAIRPass
โทCONTINUED AS AMENDEDPass
โAMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLEPass
โRECOMMENDEDPass
Board of SupervisorsNov 1, 2022
โADOPTEDPass
MayorNov 10, 2022
โAPPROVED
Clerk of the BoardNov 29, 2022
ยทRECEIVED FROM DEPARTMENT