Council continues decision on 747 R Street office lease
City of Fresno - Dept. of Public UtilitiesUtility District · Fresno, CA- Disclosed value
- $800,301.60 annually, with annual increases of 3%, plus proportionate CAM charges at $364,581.84 annually
- From minutes
- Document date
- Dec 7, 2023
The 30-second brief
The City of Fresno postponed action on a proposed seven‑year office lease with 747 R Street, LLC for space at 747 R Street, with annual rent of $800,301.60 plus escalating charges and CAM fees. The lease, which includes three one‑year extension options, was continued for further negotiation review.
747 R Street LLC holds this facilities contract with City of Fresno - Dept. of Public Utilities. Its other public contracts on record include work for City of Fresno.
Term as filed: Seven-year lease with three optional one-year extensions.
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Contract details
- Contract type
- Facilities
- Amount
- $800,301.60 annually, with annual increases of 3%, plus proportionate CAM charges at $364,581.84 annually
- Document date
- December 7, 2023
- Term
- Seven-year lease with three optional one-year extensions
- Vendor
- 747 R Street LLC
- Source document
- City of Fresno Meeting Minutes - Final City Council 2023-12-07 (Minutes)
747 R Street LLC's other public contracts
More City of Fresno - Dept. of Public Utilities contracts
Questions about this contract
Who was awarded the facilities contract by City of Fresno - Dept. of Public Utilities?
747 R Street LLC was awarded this facilities contract by City of Fresno - Dept. of Public Utilities, as recorded on December 7, 2023. The contract value is $800,301.60 annually, with annual increases of 3%, plus proportionate CAM charges at $364,581.84 annually.
How much is the 747 R Street LLC contract with City of Fresno - Dept. of Public Utilities worth?
The 747 R Street LLC contract with City of Fresno - Dept. of Public Utilities is valued at $800,301.60 annually, with annual increases of 3%, plus proportionate CAM charges at $364,581.84 annually, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Fresno Meeting Minutes - Final City Council 2023-12-07 (Minutes), dated December 7, 2023 from City of Fresno - Dept. of Public Utilities. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does 747 R Street LLC hold?
747 R Street LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Fresno - Dept. of Public Utilities currently buying?
Explore City of Fresno - Dept. of Public Utilities's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.