Title
a. Approve and authorize the Contracts/Purchasing Officer to execute a non- standard three (3) year Lease Agreement, effective November 1, 2016, with the Regents of the University of California for approximately 1,450 1,397 square feet of office space located at 3180 Imjin Road, Suite 157, Marina, California, for use by the Workforce Development Board to provide training and support to potential employees of area employers;
b. Authorize the Auditor-Controller to make Lease payments of $2,334 $2,207 per month for Lease Year 1, $2,404.54 $2,273.00 for Lease Year 2, and $2,476.67 $ 2,341.00 for Lease Year 3, as may be adjusted in accordance with the terms of the Lease Agreement.
(Changes read into the record during Additions & Corrections).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Approve and authorize the Contracts/Purchasing Officer to execute a non- standard three (3) year Lease Agreement, effective November 1, 2016, with the Regents of the University of California for approximately 1,450 1,397square feet of office space located at 3180 Imjin Road, Suite 157, Marina, California, for use by the Workforce Development Board to provide training and support to potential employees of area employers;
b. Authorize the Auditor-Controller to make Lease payments of$2,334 $2,207 per month for Lease Year 1, $2,404.54 $2,273 for Lease Year 2, and $2,476.67 $ 2,341 for Lease Year 3, as may be adjusted in accordance with the terms of the Lease Agreement.
(Changes read into the record during Additions & Corrections).
SUMMARY:
Approval of the proposed non-standard Lease Agreement will provide for occupancy of approximately 1,450 square feet of space to be used by the Workforce Development Board for the purpose of facilitating training and support to area employers and job seekers. The Lease term will commence on November 1, 2016 and expire on September 30, 2019. First Lease year Rent will be $2,334 per month, $2,404.54 for Lease Yea...
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