Back to legislation
Resolution#230999Passed
In plain English
This resolution approves a lease agreement for property at 716-720 Sacramento Street, allowing the Department of Public Health to pay $370,000 annually with 3% increases, effective from July 1, 2023, until June 30, 2026, with options to extend. It also gives the Director of Property the authority to make minor changes to the lease as needed without increasing the city's obligations.
Resolution retroactively approving and authorizing the Director of Property, on behalf of the Department of Public Health, to execute a Fourth Amendment to a Lease of real property located at 716-720 Sacramento Street, with 716 Sacramento LLC (73.4%) and DLS Sacramento LLC (26.6%), at a base rent of $370,000 per year with 3% annual increases, for an initial term commencing July 1, 2023, with a total term of December 1, 1996, through June 30, 2026, with two one-year options to extend; and to authorize the Director or Property to enter into any extensions, amendments, or modifications to the Lease that do not materially increase the obligations or liabilities to the City and are necessary to effectuate the purposes of the Lease or this Resolution.
How it got here
Related / predecessor legislation
↑ predecessor#120719— not yet in database
↑ predecessor#130645— not yet in database
↑ predecessor#180155— not yet in database
Document trail
PDF ↗
DRAFT Amend No. 4
PDF ↗Amendment
Amend No. 1 062912
PDF ↗Amendment
Amend No. 2 072313
PDF ↗Amendment
Amend No. 3 013018
PDF ↗Amendment
PDF ↗
PDF ↗
BLA Rpt 110823
PDF ↗Budget and Legislative Analyst
PDF ↗
PDF ↗
PDF ↗
PDF ↗
PDF ↗
How they voted
ADOPTED
Board of Supervisors · Nov 14, 2023Pass
5-0
AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLE
Budget and Finance Committee · Nov 8, 2023Pass
2-0
RECOMMENDED AS AMENDED
Budget and Finance Committee · Nov 8, 2023Pass
2-0
Legislative journey
Clerk of the BoardSep 22, 2023
·RECEIVED FROM DEPARTMENT
PresidentOct 3, 2023
→RECEIVED AND ASSIGNED
Budget and Finance CommitteeNov 8, 2023
✓RECOMMENDED AS AMENDEDPass
✎AMENDED, AN AMENDMENT OF THE WHOLE BEARING NEW TITLEPass
Board of SupervisorsNov 14, 2023
✓ADOPTEDPass
MayorNov 21, 2023
✓APPROVED