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24-1471

Ratify the execution of the First Amendment to Sale/Purchase Agreement and Escrow Instructions for the County owned surplus real property located at the northeast corner of E. Kings Canyon Road and S. Cedar Avenue, Fresno, CA, commonly known as the former University Medical Center Campus, by Edward Hill, Chief Operating Officer and Interim Director of Internal Services/Chief Information Officer effective December 16, 2024; and Approve and authorize the Chairman to execute a Lease Agreement with Boyd Fresno, LLC for approximately 109,928 square feet of space, together with related improvements and parking located on the former University Medical Center Campus, which includes initial one and two-year base terms with an optional conversion to a month-to-month lease after the expiration of the base term, with base rent not to exceed $96,836 per month and monthly operating costs of $2,525 per month, for a total rental and operations cost of approximately $1,790,654, effective upon the close of escrow

Agenda Item Consent Agenda Introduced December 17, 2024

What this record is

Held by
Boyd Fresno, LLC
Amount
$97K
Runs until
no end date published in this record
Type
amendment
Field
Health & social

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Internal Services
Requested by
Internal Services
Introduced
December 17, 2024
On agenda
January 7, 2025
Passed
January 7, 2025
Enactment no.
Agreement No. 25-012

Where it was heard

Board of Supervisors Jan 7, 2025 Approved as Recommended Pass