Resolution authorizing the Director of Property to negotiate a Lease for up to 27,154 square feet consisting of the entire three floors of 777 Brannan Street, for the San Francisco Police Department, with LCL Global - 777 Brannan Street, LLC, a limited liability corporation, for a term of ten years from July 1, 2018, through June 30, 2028, with two five-year options for renewal, at an initial monthly base rent not to exceed $83,724.83 for a total annual base rent of $1,004,698 in the initial year with increases as set forth in the schedule of the Letter of Intent.

Committee

Clerk of the Board

Introduced

October 17, 2017

Passed

November 3, 2017

Enacted

November 3, 2017

Enactment no.

389-17