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Approve a Lease Agreement for approximately 8,956 square feet at 3375 Sonoma Blvd. in Vallejo to implement a First 5 Center for a 5 year term at the delivery of the space and issuance of an occupancy permit by the City of Vallejo, or July 1, 2019, whichever is later; and Authorize the County Administrator to sign the agreement and any subsequent amendments which are administrative in nature and have no fiscal impact
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Published Notice Required? Yes ___ No _X _
Public Hearing Required? Yes ___ No _X _
DEPARTMENTAL RECOMMENDATION:
First 5 Solano recommends the Board of Supervisors approve a Lease Agreement for approximately 8,956 square feet at 3375 Sonoma Blvd. in Vallejo to implement a First 5 Center (F5C) for a 5-year term commencing at the delivery of the space and issuance of an occupancy permit by the City of Vallejo, or July 1, 2019, whichever is later; and authorize the County Administrator to sign the agreement and any subsequent amendments which are administrative in nature and have no fiscal impact.
SUMMARY:
In December 2017, the First 5 Solano Commission adopted its 2018-2023 Program Investment Plan which included an allocation of funds to establish a First 5 Center (F5C) in Vallejo due to the high number of risk factors within zip code 94590. After over a year of searching and negotiating for a location, terms have been established to lease space at 3375 Sonoma Blvd. to house the F5C and the First 5 Solano administrative offices.
The proposed lease agreement is for +/-8,956 s/f at 3375 Sonoma Blvd. at $1.15 s/f with an increase based on CPI of up to 3% maximum annually, for 5 years with an option to renew for an additional 5 years. Tenant improvements will be required to customize the space for the needs of the center and are expected to take several months.
FINANCIAL IMPACT:
The First 5 Solano Commission has allocated funds to cover the cost of the annual lease through its Proposition 10 tobacco tax funds. No G...
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