Resolution authorizing the sublease of approximately 1,668 square feet at 1563 Mission Street with HealthRIGHT 360, a California nonprofit corporation, for a five year initial term to commence March 1, 2018, through February 28, 2023, with one three-year optional term, at the monthly base rent of $7,770.10 for a total initial base rent of $93,242 with 3% annual increases, reimbursement up to $38,000 to landlord for tenant improvements, additional charge for utilities and services per month and First Right of Refusal to purchase the building.

What this record is

Amount

$93K

Runs until

February 28, 2023 already ended date quoted from the award document

Type

purchase

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

Committee

Clerk of the Board

Requested by

Real Estate Department

Introduced

January 9, 2018

On agenda

January 9, 2018

Passed

March 9, 2018

Enacted

March 9, 2018

Enactment no.

051-18

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