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HomeMy WebLinkAboutMINUTES - 06151999 - C154 BOARD OF SUPERVISOR FROM: Barton J. Gilbert, Director of General Services o n case DATE: June 1 5, 1 999 Coun SUBJECT: SUBORDINATION, ATTORNMENT AND LESSEE-LESSOR ESTOPPEL AGREEMENT FOR THE HEALTH SERVICES DEPARTMENT 3595 LONE TREE WAY SUITES 'I AND 4 ANTIOCH SPECIFIC REQUESTS OR RECOMIMENDATtON(S)&BACKGROUND AND JUSTIFICATION RECOMMENDAIM APPROVE Subordination, Attornment and Lessee-Lessor Estoppel Agreements, commencing June 15, 1999, with General Electric Capital Business Asset Funding Corporation for the premises at 3595 Lone Tree Way, Suites 'I And 4, Antioch, and AUTHORIZE the Director of General Services to EXECUTE said Lease on behalf of the County. It. FINANCIAL IMPACT No financial impact. Ili. REASON5 FOR RECOMMENDATION B BACKGROUND This agreement protects the County's interest in the property at 3595 Lone Tree Way, Suites 'I and 4, Antioch. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMINENDATiON OF COUNTY ADMINESTRA T OR „_RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGMA T URE S: ACTION OF BOARD ON T * 5 e a 999 APPROVED AS RECOMMENDED XX , OTHER VOTE OF SUPERVISORS _ML UNANIMOUS(ABSENT- #4 ) AYES: NOE& ABSENTS: ABSTAIN: MEDIA CONTACT: BARTON J.GILBERT(313-7100) CC: County Administrator(via L/M) I HEREBY CERTIFY THAT THIS IS A TRUE County A editor-Controiier(via LIM) AND CORRECT COPY OF AN ACTION TAKEN AND ENTERED ON THE MINUTES OF THE BOARD Lessor(via LIM) OF SUPERVISORS ON THE DATE SHOWN. H,ea!th Services(via L/M) County Counsel(via L/M) ATTESTED june 15. g Risk Management(via L1M) PHIL SATC L OR,CLERIC OF THE BOARD OF Orig:Cenerai Services Department-UM SUPERVIS RSIAND COUN ADMINISTRATOR BY� All) e�d fa � * ,DEPUTY F EB:tb 1ALeaseMgt\METE\3505 80 599.doc i 6 GENERAL SERVICES DEPART. T Lease Management Division � 1220 Morello Avenue, Suite 100 Martinez, California r Extension 3-7250 FAX 3-7299 r DATE: Jure 1, 1999 TO: Phil Batchelor, County Administrator No FROM: Barton J. Gilbert, Director of General Services SUBJECT: : Subordination, Attornment and Lessee-Lessor Estoppel Agreements -3505 Lone Tree Way, Suites 1 and 4, Antioch - Health Services Department 6-15-99 (Building Numbers 241 and 548) Subordination, Attornment and Lessee-Lessor Estoppel Agreements have been requested by the lender for the subiect property in order to finance the property. This agreement will protect the County's interest in the property. OCCUPANT: Health Services Department ADDRESS: 3505 Lore 'free Way, Suites 1 and 4, Antioch &1=, : AUTHORIZE the Chair of the Board of Supervisors to EXECUTE Subordination, Attornment and Lessee-Lesser Estoppel Agreements with General Electric Capital Business Asset Funding Corporation for the premises at 3505 Lone Tree Way, Suites 1 and 4, Antioch.. BJG:PB:tb cc: Christie Beardsley (w/o attachments) ]:\'easeMgt\PETE\3505 agenda 699.doe