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FACILITIESAPPROVED

Marion County Agreement Lease for Iris House - 2420 Greenway Dr. NE 2026-07-01

Marion County Approves Five-Year Lease for Iris House

$120,000.00Chateau Ranchettes Street Lighting DistrictOREGON STATE HOSPITALJune 16, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

Marion County Health & Human Services entered into a five-year lease with Oregon State Hospital for the Iris House property to provide client program housing. The lease begins July 1, 2026 and totals $120,000, with annual rent escalations and an optional three-year extension. This agreement supersedes the previous lease for the same property.

Contract Details

Contract Amount

$120,000.00

Vendor

OREGON STATE HOSPITAL

Agency

Chateau Ranchettes Street Lighting District, OR

Contract Type

FACILITIES

Document Date

June 16, 2026

Contract Term

July 1, 2026 – June 30, 2031 (5 years) with option to extend 3 years

Renewal Date

2031-06-30

Renewal Info

Tenant may extend the contract for an additional 3 years by notifying the landlord at least 60 days prior to June 30, 2031; extension subject to same terms except rent, which escalates by 3% annually.

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