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HomeMy WebLinkAboutMINUTES - 12142004 - C111 TO. BOARD OF SUPERVISORS CONTRA FROM. BARYON J G ILBERT DIRECTOR OF GENERAL SERVICES COSTA DATE: DECEMBER 14 2004 - COUNTY SUBJECT: LEASE OPTION FOR THE PREMISES AT 1191 CENTRAL BLVD., SUITE D, BRENTWOOD FOR THE BUILDING INSPECTION DEPARTMENT (T00640) SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION EXERCISE the option for a three-year extension of the Lease dated December 18, 2001 with HPH Properties, dba the Equus Group, for the premises at 1191 Central Blvd., Suite D, Brentwood for continued occupancy by the Building Inspection Department, under the terms and conditions more particularly set forth in the Lease. FINANCIAL IMPACT The exercise of the option was anticipated and sufficient funds budgeted in the Building Inspection Department's approved FY 200412005 budget. The option is for a term of three years, effective March 26, 2005 through March 25, 2008. The rental rate for the first year is $3,106 per month, an increase of $119 per month over the previous rate. The total maximum option rent for the three year lease is $145,220, including common area maintenance costs. Rent increases are based on the Consumer Price Index with a minimum of 4% and a maximum of 7% annual increases. BACKGROUND The County has occupied the premises, which consists of approximately 1,578 square feet of office space, for operation of the Building Inspection Department's Brentwood office since March 26, 2002. The County is responsible for all interior maintenance, utilities and janitorial services. CONTINUED ON ATTACHMENT: YES SIGNATURE: 6 ak4t 9 RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE r./APPROVE OTHER SIGNATURE(S):q9e,6*z S f ' ACTION OF BOA D N k� i4 JaOW APPROVED AS RECOMMENDED /R VOTE OF SUPERVISORS UNANIMOUS(ABSENT } AYES: NOES: ABSENTS: ABSTAIN: MEDIA CONTACT:BARTON J.GILBERT(313-7100) Originating Dept.:General Services Department cc: General Services Department I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN Lease Management Division AND ENTERED ON T MINUTES OF THE BOARD Accounting OF SUPERVISORS N HE DATE SHOWN. Auditor-Controller(via UM) Risk Management(via UM) ATTESTED Building Inspection(via UM) JOHN SWEETEN,CLERK OF THE BOARD OF SUPERVISORS NPH Properties,Dba The Equus Group(via UM) AND CO TY ADMINISTRATOR BY ,DEPUTY 1:\LeaseMgt\Board Orders\2044-12-14\1191 bdo3.doc SBV:tb Page 1 of 1 M382(10/88)