Resolution authorizing the exercise of a five-year option to extend the term of the lease of approximately 18,682 square feet of space at 1740 Folsom Street for continued use by the Sheriff’s Department for $882,560.04 in the initial year with 3% annual increases with 120 14th Street, LLC, as Landlord, for the lease extension term of July 1, 2017, through June 30, 2022.

Committee

Clerk of the Board

Requested by

Real Estate Department

Introduced

January 31, 2017

On agenda

January 31, 2017

Passed

March 17, 2017

Enacted

March 17, 2017

Enactment no.

065-17