180358
Resolution authorizing a Lease for approximately 27,154 square feet consisting of entire three floors of 777 Brannan Street, for the Police Department, with LCL Global - 777 Brannan Street, LLC, a limited liability corporation, for ten years with two five-year options for renewal, for the period of July 1, 2018, to June 30, 2028, at an initial monthly base rent not to exceed $83,724.83 for a total annual initial base rent of $1,004,698 in the initial year with annual increases of three percent; and finding the Lease is in conformance with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
- Committee
- Clerk of the Board
- Requested by
- Real Estate Department
- Introduced
- April 17, 2018
- On agenda
- April 17, 2018
- Passed
- May 30, 2018
- Enacted
- May 30, 2018
- Enactment no.
- 159-18
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