Resolution authorizing the potential three year renewal and amendment of a lease of approximately 27,826 square feet of space at 1390 Market Street with BRCP 1390 Market, LLC, as Landlord, for use by the Department of Public Health at the initial annual cost of $1,801,119.96 (or $150,093.33 monthly) and 3% annual increases thereafter, for a three year term from December 1, 2018, through November 30, 2021, subject to the City’s right to terminate early, and two five-year options to extend.

Committee

Clerk of the Board

Requested by

Real Estate Department

Introduced

January 23, 2018

On agenda

January 23, 2018

Passed

March 9, 2018

Enacted

March 9, 2018

Enactment no.

052-18