San Francisco County officials are moving forward with significant real estate decisions that could shape the county's future. During a recent government meeting, the board discussed two key lease agreements that are set to enhance local services and facilities.
The first major decision involves a lease for a property located at 42 Gulf Street with Golf Club LLC. This agreement is for an initial three-year term, with an annual base rent of $44,400, which will increase annually based on the consumer price index, projected between 3% to 5%. Additionally, there is an option to extend the lease for one more year, pending approval of the resolution.
In another important discussion, the board considered a lease for approximately 9,250 square feet at 716-720 Sacramento Street, which has been occupied by the Department of Public Health (DPH) since 1996. The resolution seeks a positive recommendation to continue this essential service location, ensuring that public health operations remain uninterrupted.
These lease agreements reflect the county's commitment to maintaining and improving public services while managing real estate effectively. As these resolutions await final approval, they highlight the ongoing efforts to support community needs through strategic property management.