RECOMMENDATION(S):
APPROVE and AUTHORIZE the Public Works Director, or designee, to execute a lease agreement with Balco Properties, LTD, LLC, for a term of 12 years for approximately 16,709 square feet of office space located at 2600 Stanwell Drive, Concord, at an initial monthly rent of $22,975 for occupancy by the Employment and Human Services Department, under the terms and conditions set forth in the lease agreement. (WLP859)
FISCAL IMPACT:
80% Federal/State Funds, 20% General Fund.
|