This resolution allows the Director of Property to lease approximately 676 square feet of The Village Community Facility at 1099 Sunnydale Avenue to Five Keys Schools and Programs for five years, with options to extend. The lease starts at $10,870.08 per year, with annual increases, and includes provisions for modifications that do not significantly change the city's obligations.
Resolution approving and authorizing the Director of Property to enter into a real property lease with Five Keys Schools and Programs, a California nonprofit public benefit corporation, for approximately 676 square feet of The Village Community Facility located at 1099 Sunnydale Avenue, effective upon approval of this Resolution for an initial term of five years with two five-year options to extend, at an initial rent of $10,870.08 per year ($905.84 per month) with 3% annual increases thereafter; a finding that competitive bidding procedures required under Administrative Code, Chapter 23, Section 23.33, are impractical or impossible; a finding that the Lease furthers a proper public purpose sufficient to meet Section 23.30 market value requirements; and authorizing the Director of Property to enter into any additions, amendments, or other modifications to the Lease that do not materially increase the obligations or liabilities of the City to effectuate the purposes of this Resolution.
How it got here
The legislation originated from the need to formalize a lease agreement with Five Keys Schools and Programs for continued educational services at The Village Community Facility.
The City acquired the facility at 1099 Sunnydale Avenue, which is now under the jurisdiction of the Real Estate Division.
An RFP was issued to solicit non-profits to lease space at The Village Community Facility, leading to Five Keys being selected.
Five Keys began its tenancy at The Village Community Facility, providing adult education services.
The lease with Five Keys has been on holdover since 2022, prompting the need for a new lease agreement.
The Real Estate Division negotiated a new five-year lease with Five Keys, including two five-year options to extend.
The Budget and Finance Committee recommended the resolution for the lease with Five Keys.
The Board of Supervisors adopted the resolution approving the lease with Five Keys Schools and Programs.
The Mayor approved the resolution, finalizing the lease agreement.
Reconstructed from attached documents & the official record