RECOMMENDATION(S):
APPROVE and AUTHORIZE the Public Works Director, or designee, to execute a lease with RIO Properties I, LLC, for 25,315 square feet of rentable office and warehouse space for the Department of Agriculture and University of California Cooperative Extension at 2380 Bisso Lane, Suite A, in Concord, for a term of fourteen years, at an initial annual rent of $434,400, for the first year with an annual increase thereafter, with one ten-year renewal term, under the terms and conditions set forth in the Lease.
AUTHORIZE the Public Works Director, or designee, to execute any renewal options, under terms and conditions set forth in the Lease.
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