Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Michael P. Callagy, County Executive
Subject: First Amendment to Office Lease with GLC Belmont LLC, as successor in interest to Harbor Belmont Associates, for the County's leasing of 260 and 264 Harbor Boulevard, in unincorporated Belmont (Lease No. 1304)
RECOMMENDATION:
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Adopt a resolution authorizing:
A) The President of the Board of Supervisors to execute an amendment to Office Lease with GLC Belmont LLC, as successor in interest to Harbor Belmont Associates, for the County's leasing of 260 and 264 Harbor Boulevard, in unincorporated Belmont; and
B) The County Executive, or their designee, to accept or execute on behalf of the County of San Mateo any and all notices, options, consents, approvals, terminations, and documents in connection with the lease agreement and all amendments thereto.
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BACKGROUND:
Since 1992, the County has leased for the use of the Department of Housing, office space from Harbor Belmont Associates ("Predecessor Landlord") in the Harbor Business Complex at 264 Harbor Boulevard, in unincorporated Belmont.
As authorized by Resolution No. 072983 on January 28, 2014, the County of San Mateo and Predecessor Landlord entered into a new ten-year lease agreement, labelled at the time as Lease No. 1303, with two options to extend for an additional five years each, for approximately 16,534 square feet of office space in Building A ("Original Premises").
The lease expired on June 30, 2024, and the County wishes to amend the lease to extend the term of the lease and to expand the Original Premises.
DISCUSSION:
The County has requested to lease additional space containing approximately 8,564 rentable square feet and described as 260 Harbor Boulevard in Building A ("Expansion Space"). The Original Premises, remeasured and deemed to be 16,482 rentable square feet, and the Expansion Space, collectively, shall be deem...
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