HomeMy WebLinkAboutE-4.1. Approve an Office Lease Agreement Between Azusa and SGRWCUB-22
Approved
Utility Board
07/22/2019
is competitive with other Azusa commercial lease space. Additional Rent will be charged to
collect the tenant’s proportionate share of the building’s maintenance expenses. The term is for
three years, and can be extended automatically up to five consecutive one year terms.
FISCAL IMPACT:
The office lease agreement is expected to generate $3,240 of annual revenue, not including
maintenance expenses that will be collected based on the tenant’s proportionate share of the
building.
Prepared by: Reviewed and Approved:
Jared Macias Manny Robledo
Assistant Director of Utilities - Water Operations Director of Utilities
Reviewed and Approved:
Sergio Gonzalez
City Manager
Attachments:
1)Azusa-SGRWC Office Lease Agreement
UB-23