LA County Board

37. Department of Children and Family Services Lease\nRecommendation: Authorize the Chief Executive Officer to execute the\nproposed lease with 5757 Wilshire LLC (Landlord), for the Department of\nChildren and Family Services’ (DCFS) use of approximately 43,798 sq ft of\noffice space and 204 on-site parking spaces located at 5757 Wilshire\nBoulevard, Suites 200 and 204, in the City of Los Angeles (2) (Premises), for a\nterm of 11 years, with an estimated maximum first year base rental amount of\n$1,685,000, with a six-month rent abatement of $843,000, which will equal\n$842,000, and an estimated total proposed lease amount, including rent\nabatement, tenant improvements (TI), low-voltage, and electricity of\n$32,607,000 over the 11-year term, with rental costs to be 45% funded by State\nand Federal funds, and 55% by Net County Cost (NCC) that is already included\nin DCFS’ existing budget, DCFS will not be requesting additional NCC for this\naction; find that the proposed lease is exempt from the California Environmental\nQuality Act; and take the following actions:\nAuthorize the Chief Executive Officer to reimburse the Landlord up to\n$1,032,000 for the County’s TI contribution, if paid in a lump sum or\n$1,309,000 if amortized over seven years at 7% interest per annum;\nAuthorize the Director of Children and Family Services, to contract with\nand direct the Director of Internal Services, in coordination with the Chief\nExecutive Officer, for the acquisition and installation of telephone, data,\nand low-voltage systems and vendor installation (Low-Voltage Items) at a\ntotal cost not to exceed $3,604,000 if paid in a lump sum or $4,385,000 if\namortized over five years at 8% interest per annum, with the cost for the\nLow-Voltage Items to be in addition to the rental costs and the County’s\nTI contribution payable to the Landlord;\nAuthorize the Chief Executive Officer to execute any other ancillary\ndocumentation necessary to effectuate the proposed lease and take\nactions necessary and appropriate to implement the proposed lease,\nincluding, without limitation, exercising any early termination rights; and\nAuthorize the Chief Executive Officer to take actions necessary and\nappropriate to implement the terms of the proposed lease including,\nwithout limitation, exercising any options to extend at fair market value.\n(24-5301)