DATE: January 28, 2025
TO: Board of Supervisors
SUBMITTED BY: Edward Hill, Chief Operating Officer/Interim Director of Internal
Services/Chief Information Officer
Sally Gomez, County Librarian
SUBJECT: Retroactive Amendment No. 1 to Sunnyside Library Branch Lease
RECOMMENDED ACTION(S):
TITLE
1. Approve and accept the Assignment of Lease Agreement No. 22-099 from Sunnyside Square Investments, Inc. to Sage Kings Fresno, LLC for 18,033 square feet of office space and adjacent parking stalls located at 5566 E. Kings Canyon Road, Fresno, CA 93727, retroactively effective September 23, 2022;
2. Approve and authorize the Chairman to execute retroactive Amendment No. 1 to Lease Agreement No. 22-099 with Sage Kings Fresno, LLC, to extend the term by two years to a total of seven years, from April 1, 2022, through March 31, 2029, add improvements to the restrooms, increase the maximum base rent by $696,108 to $1,709,628, and increase the estimated possible additional rent by $247,015 to $343,213, for a total estimated maximum rent of $2,052,841;
3. Authorize the Director of Internal Services/Chief Information Officer, or their designee, to approve and execute, upon review and approval as to legal form by County Counsel, an Estoppel Certificate, and Subordination and Non-Disturbance Agreement relating to the recommended Lease Agreement, if County is so requested by Sage Kings Fresno, LLC, to sign such documents;
4. Authorize the Director of Internal Services/Chief Information Officer, or their designee, to approve and execute (or accept, as applicable), (a) upon review and approval as to legal form by County Counsel, the Memorandum of Lease, and any notices, instruments, certificates, and documents, relating to the consummation of the recommended Lease Agreement, and (b) any notices and documents relating to the County's administration of the leased premises under the recommended Lease Agreement; and
5. Adopt Budget Resolution increasing FY 2024-25 appropriation...
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