Lease of Lotus House to Marion County Approved
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Description
Marion County approved a five-year lease with Oregon State Hospital for Lotus House at 2440 Greenway Dr. NE as client program housing, with rent beginning at $1,774.77 per month and a total contract value of $120,000. The lease includes a 3% annual rent escalation, and an option to extend for an additional three years.
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); option to extend 3 years
Renewal Date
2031-06-30
Renewal Info
Tenant can extend the lease for an additional three years beyond the initial five-year term by providing 60 days' notice before expiration; extension subject to 3% annual rent increases and written modification if needed.
More from OREGON STATE HOSPITAL
Issuing Agency
Special District
Woodburn, OR
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Marion County Board of Commissioners Agenda 2026-06-10
Marion County Board of Commissioners Agenda 2026-06-10
Marion County Board of Commissioners Agenda 2026-06-10
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