Title
Resolution authorizing the City Manager to execute the Second Amendment to the lease agreement for use of the Economic Advancement Center located at 366 Grand Avenue in South San Francisco to extend the Lease until August 31, 2025.
Body
WHEREAS, on April 28, 2021, City Council approved and authorized the City Manager to execute a Lease Agreement (“Lease”) with the Stacey S. Dobos Trust (“Property Owner”) to lease the commercial space at 366 Grand Avenue for purposes of opening the Economic Advancement Center, as attached hereto and incorporated herein as Exhibit A. The term of the lease expired on October 31, 2024; and
WHEREAS, on July 24, 2025, City Council approved and authorized the City Manager to execute the First Amendment to the Lease; and
WHEREAS, the First Amendment to the Lease is set to expire on April 30, 2025, as attached hereto and incorporated herein as Exhibit B and City has negotiated a Second Amendment with the Property Owner, attached hereto and incorporated herein as Exhibit C; and
WHEREAS, the Second Amendment would extend the term of the Lease to August 31, 2025, and continue with the same the rent to be at a rate of $2.40 per square foot with a monthly janitorial credit of $500, as well as continue to clarify the City’s ability to sublease a portion or all of the space to other economic mobility partners; and
WHEREAS, the total cost of the Second Amendment will be funded with already appropriated grant funds appropriated for the Economic Advancement Center.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of South San Francisco hereby takes the following actions:
1. The City Council finds that the foregoing recitals are true and correct and incorporated herein as part of this Resolution; and
2. Approves and authorizes the City Manager to execute the Second Amendment to the Lease Agreement (Exhibit C) with the Stacey S. Dobos Trust in substantially the same form as Exhibit B, subject to approval as to form by the City Attorney; and
3. Authorizes the Finance Director to take all necessary budgetary actions to carry out the intent of this Resolution, which may straddle appropriations across multiple fiscal years; and
4. Authorizes the City Manager to take any other related actions necessary to carry out the intent of this Resolution.
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