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File #: 19-399    Version: 1 Name:
Type: Resolution Status: Passed
File created: 2/6/2019 Departments: COUNTY MANAGER
On agenda: 5/14/2019 Final action:
Title: Adopt a resolution authorizing: A) The President of the Board of Supervisors to execute an amendment to a lease agreement with San Bruno Office Associates, LLC, a Colorado Limited Liability Company, for 2,522 square feet of office space at 881-883 Sneath Lane in San Bruno, extending the term five years through June 1, 2024 with one option to extend for an additional five-year period and increasing the rental rate from $6,103 per month to $7,188 per month, with annual increases of three percent thereafter; and B) The County Manager or his designee to execute any and all notices, options, extensions, termination, and documents in connection with the lease agreement and amendments (Lease No. 1290).
Attachments: 1. 20190514_r_883 Sneath.pdf, 2. 20190514_a_883 Sneath.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Special Notice / Hearing: None__
Vote Required: Majority

To: Honorable Board of Supervisors
From: Michael P. Callagy, County Manager
Subject: Amendment to Lease Agreement with San Bruno Office Associates, LLC at 881-883 Sneath Lane, San Bruno

RECOMMENDATION:
title
Adopt a resolution authorizing:

A) The President of the Board of Supervisors to execute an amendment to a lease agreement with San Bruno Office Associates, LLC, a Colorado Limited Liability Company, for 2,522 square feet of office space at 881-883 Sneath Lane in San Bruno, extending the term five years through June 1, 2024 with one option to extend for an additional five-year period and increasing the rental rate from $6,103 per month to $7,188 per month, with annual increases of three percent thereafter; and

B) The County Manager or his designee to execute any and all notices, options, extensions, termination, and documents in connection with the lease agreement and amendments (Lease No. 1290).

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BACKGROUND:
As authorized by Resolution No. 70051, on April 28, 2009, the Board approved a new lease with San Bruno Office Associates, LLC ("Lease") for 2522 square feet of office space at 883 Sneath Lane in San Bruno for the Department of Agriculture/Weights & Measure (Department) at a monthly rate of $1.65 per square foot. Per Resolution No. 70264, a First Amendment to the Lease corrected a rent calculation error and set $4,161.00 as the initial monthly rent. Per Resolution No. 73103, a Second Amendment to the Lease extended the term for an additional five years and modified the rent to $5,422, or $2.15 per square foot.

The Department wishes to remain in the office space in San Bruno because of its central location and proximity to San Francisco International Airport and the Golden Gate Produce Terminal, a large wholesale produce facility in South San Francisco. These two locations are regularly staffed by the Department and require fast responses to industry calls.



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