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Committee continues two Market Street lease resolutions for redlines and technical corrections

San Francisco Board of Supervisors Budget and Finance Committee · May 15, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee continued two lease resolutions for the San Francisco Law Library and the Health Service System at 1145 Market Street for one week to allow substantive redline amendments; staff said the leases save the city roughly $900,000 in year one across both leases despite $13.8M in payments over 10 years.

The Budget and Finance Committee on May 15 agreed to amend the record and continue two resolutions relating to leases at 1145 Market Street for the San Francisco Law Library and the San Francisco Health Service System (HSS).

Andrico Penick, director of the Real Estate Division, explained the law library lease…

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