San Diego

City Council

October 17, 2023 Item #105

Agenda Item 105

Item 105: Second Amendment to the Lease at 600 B Street Between the City of San Diego and\n600 B Street San Diego Owner, LLC, a Delaware Limited Liability Company.\nTotal Estimated Cost of Proposed Action and Funding Source:\nBase rent not-to-exceed $6,313,042.50 in base rent and approximately $394,013.00 in\noperating expenses. 70% of expenses will be paid out of the Emergency Medical Services\nFund and 30% will be paid out of the General Fund.\nCouncil District(s) Affected: 3.\nProposed Actions:\nSubitem-A: (R-2024-122)\nResolution determining that approval of that certain Second Amendment to Office Lease\nbetween 600 B Street San Diego Owner, LLC, a Delaware limited liability company, and\nthe City of San Diego is categorically exempt from the California Environmental Quality\nAct under Title 14 California Code of Regulations section 15301.\nSubitem-B: (R-2024-121)\nResolution approving that certain Second Amendment to Office Lease between 600 B\nStreet San Diego Owner, LLC, a Delaware limited liability company, and the City of San\nDiego.\nCommittee Actions Taken:\nThis item was heard at the Land Use and Housing Commitee on September 21, 2023.\nACTION: Motion by Vice Chair LaCava, second by Chair Moreno, to recommend\nCouncil approval of staff's proposed actions.\nVOTE: 4-0; Moreno-yea, LaCava-yea, Whitburn-yea, Lee-yea.\nDepartment of Real Estate and Airport Management: Karen Johnson, (619) 236-6191\nCity Attorney Contact: Delmar Williams