StanCOG Approves Office Lease Extension with HLG Rental Properties
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Description
StanCOG authorizes a two-year lease extension with HLG Rental Properties for its 1111 I Street offices at $11,496.57/month (year 1) and $11,834.01/month (year 2), ensuring office continuity during renovation of permanent headquarters.
Contract Details
Contract Amount
$11,496.57/month for year 1; $11,834.01/month for year 2; extension options for third year at $12,185.17/month
Vendor
HLG RENTAL PROPERTIES
Agency
Stanislaus COG, CA
Contract Type
FACILITIES
Document Date
March 9, 2026
Contract Term
Year 1: Aug 1, 2026 – July 31, 2027; Year 2: Aug 1, 2027 – July 31, 2028
Renewal Date
2028-07-31
Renewal Info
Two 1-year extensions; option for third extension at increased rate. All other terms remain unchanged; negotiated increase approx. 3% per year.
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