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FACILITIESAPPROVED

Marion County Agreement Lease for Lotus House 2026-07-01

Lease of Lotus House to Marion County Approved

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

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

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