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Committee approves recommendation to send 160 South Van Ness lease amendment with cap on renovations

Budget and Finance Committee · October 5, 2011
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 recommended approval of a three-year lease extension for 160 South Van Ness that amortizes about $54,000 in tenant improvements (safety and investigations space); the budget analyst suggested capping renovation costs and the committee sent the amended item forward with recommendation.

The Budget and Finance Committee forwarded a proposed three-year lease extension for 160 South Van Ness with recommendation after staff and the budget analyst outlined tenant improvements and a suggested amendment to cap renovation costs.

John Updike, acting director of real estate, said the Human Services Agency has occupied the space since 1999 and the lease amendment facilitates tenant improvements, notably for the…

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