RECOMMENDATION(S):
APPROVE the Public Works Director, or designee, to execute a Lease with RIO Properties I, LLC to lease approximately 22,746 rentable square feet of office and warehouse space. The term of this lease is 12 years with one ten-year renewal term, each as defined in the lease. The annual rental payment for the first year is $313,884, with an annual increases thereafter, to be occupied by County’s Health Services Department – Information Technology Division, under the terms and conditions set forth in the lease; AUTHORIZE the Public Works Director, or designee, to execute the lease on behalf of Contra Costa County, and any renewal options thereafter.
FISCAL IMPACT:
100% General Fund.
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