Resolution authorizing a Sublease for the term of July 1, 2017, through September 30, 2025, at 1440 Harrison Street, with Harrison Assets, LLC, a California limited liability company, for approximately 56,788 square feet at $298,137 monthly for a total first year rent of $3,577,644 which amount shall increase annually on each July 1 beginning in 2018 by 3 percent, and three five-year options to extend, for use by the Human Services Agency.

Committee

Clerk of the Board

Requested by

Real Estate Department

Introduced

January 10, 2017

On agenda

January 10, 2017

Passed

February 24, 2017

Enacted

February 24, 2017

Enactment no.

046-17