San Diego

City Council

September 09, 2024 Item #200

Agenda Item 200

Item 200: Lease for 550 West C Street, Suites 1200 & 1300, in San Diego, CA Between the City\nof San Diego and 550 Corporate Center Investment Group, Inc.\nThis item will be considered in the afternoon session which is scheduled to begin at\n2:00 p.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nFiscal Year 2025 impact of $158,629.00 from the General Fund DSD Enterprise\nFund. (Rev 9/5/24)\nCouncil District(s) Affected: 3.\nProposed Actions:\nSubitem-A: (R-2024-459)\nResolution determining that Approval of that Certain Office Lease Between 550\nCorporate Center Investment Group, Inc., a Delaware corporation, and The City of San\nDiego is Categorically Exempt from the California Environmental Quality Act under Title\n14 California Code of Regulations section 15301.\nSubitem-B: (R-2024-458 Cor. Copy)\nResolution Approving that Certain Office Lease Between 550 Corporate Center\nInvestment Group, Inc., a Delaware corporation, and The City of San Diego.\nCommittee Actions Taken:\nThis item was heard at the Land Use and Housing Committee meeting on March 21,\n2024.\nACTION: Motion by Committee Member Whitburn, second by Council President Pro\nTem LaCava, to recommend Council approval of staff’s proposed actions.\nVOTE: 4-0; LaCava-yea, Whitburn-yea, Lee-yea, Moreno-yea.\nDepartment of Real Estate and Airport Management: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Andrew J. Alfonso