To: Board of Supervisors
From: Public Works
Agenda Section: Consent
Vote Requirement: Majority
SUBJECT:
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First Amendment to the Lease Agreement with Eureka Old Town, LLC Regarding Use of Office Space and Associated Parking Lots Located at 507 F Street and 510 Fifth Street, Eureka, California
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve, and authorize the Chair of the Board to execute, the attached first amendment to the lease agreement with Eureka Old Town, LLC regarding the use of office space and associated parking lots located 507 F Street and 510 Fifth Street, Eureka, California; and
2. Direct the Clerk of the Board to return one (1) fully executed original copy of the attached first amendment with Eureka Old Town, LLC to the Real Property Division of the Department of Public Works for further processing.
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STRATEGIC PLAN:
This action supports the following areas of your Board's Strategic Plan.
Area of Focus: Core Services/Other
Strategic Plan Category: 9999 - Core Services/Other
DISCUSSION:
On Dec. 3, 2024, the Department of Health and Human Services (DHHS) entered into a lease agreement with Eureka Old Town, LLC, formerly known as Kramer Properties, for office space and two (2) associated parking lots located at 507 F Street and 510 Fifth Street, Eureka, California. The monthly rental amount stated in the lease agreement was calculated incorrectly due to the use of an inaccurate Consumer Price Index (CPI). The original amount of Sixty-Nine Thousand, Seven-Hundred Ninety-Two Dollard and Ninety-Three Cents ($69,792.93) was based on this erroneous CPI.
This first amendment will correct the lease by adjusting the rental amount to Seventy-One Thousand, One Hundred Six Dollars and Forty Cents ($71,106.40). Additionally, to reconcile the difference in the amounts previously paid, a one-time payment of Ten Thousand, Five Hundred Seven Dollars and Seventy-Six Cents ($10,507.76) will be made to cove...
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