REPORT TO THE CITY COUNCIL
FROM: BRIAN BARR, Director
General Services Department
BY: SZARINA LOZANO, Management Analyst II
General Services Department
SUBJECT
Title
Approve the second amendment to the lease agreement between the City of Fresno and Tutelian Holdings I, LLC, for office space at 2440 Tulare Street, Civic Center Square, extending the lease term through August 31, 2025, in the amount of $137,434 for rent plus the proportionate CAM (Common Area Maintenance) charges estimated through end of the term at $81,602 for the Planning and Development Department, Housing and Community Development Division
Body
RECOMMENDATION
Staff recommends Council approve the second amendment to the lease agreement between the City of Fresno and Tutelian Holdings I, LLC, a California limited liability company for office space at 2440 Tulare Street, Civic Center Square through August 31, 2025, in the amount of $137,434 for rent plus the proportionate CAM charges estimated through the end of the term at $81,602.
EXECUTIVE SUMMARY
In Fiscal Year 2023, the Planning and Development Department created two new Divisions and added 12 new staff members to handle numerous transactions related to the acquisition and rehabilitation of emergency homeless shelters, the development of tiny home projects, and expedited construction of permanent affordable housing units. Due to this increase, the Housing Production, Finance, and Community Development Divisions outgrew their space at City Hall and temporarily relocated to 2440 Tulare Street under a one-year lease agreement. These Housing Divisions plan to move to city owned property located at 1255 Van Ness Avenue, upon completion of tenant improvements in the summer of 2025. The current lease agreement expires February 28, 2024, and therefore needs to be extended 18 months to allow for the completion of tenant improvements. The proposed rent for the extension is $1.60 per square foot ($7,635.20 per month) through the end of t...
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