City Council

10. OFFICE LEASE AMENDMENT NO. 6 FOR 275 CENTENNIAL WAY Request for authorization to enter into a Sixth Amendment to Lease with PK II LARWIN SQUARE SC LP ("Landlord"), extending the term to June 30, 2031, at 275 Centennial Way to provide supplemental office space for City staff. Recommendation: Approve and authorize the City Manager to execute the Sixth Amendment to Lease with PK II LARWIN SQUARE SC LP, in the form attached hereto, subject to any nonsubstantive modifications as may be recommended by the City Attorney. Fiscal Impact:The monthly rent will increase by three percent from $4,502.89 to $4,638.00, with the new total annual rent being $55,656. Thereafter, the monthly rent will increase at a rate of three percent annually on July 1. The City will pay a fee of $10.00 as consideration for the amendment. There is sufficient appropriation in the 2026-27 Budget to support lease payments. Future annual lease amounts will be incorporated in the budget for City Council's consideration.