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Committee approves forwarding five‑year lease extension for Sheriff’s training facility
Summary
The committee forwarded a resolution to exercise a five‑year option to extend the lease at 1740 Folsom (120 Fourteenth Street) for the Sheriff’s Department, with an initial year cost of roughly $880,000 and annual 3% increases; BLA noted a ~60% increase in annual rent versus FY16–17 and recommended approval.
The Budget and Finance Committee voted to forward to the full Board a resolution to exercise a five‑year option to extend the lease for the San Francisco Sheriff’s Department at 1740 Folsom (also identified as 120 Fourteenth Street) for the term 7/1/2017–6/30/2022.
Claudia Gorham of the Department of Real Estate said the facility…
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