File #: File ID 19736    Version: 1 Name:
Type: Agenda Item Status: Approved
File created: 1/7/2026 In control: Real Property
On agenda: 1/20/2026 Final action: 1/20/2026
Title: Option Notice and Rent at 75 E. Broadway Staff recommends approval of the Option Notice as well as the Rent in the amount of $204,820.00 per year in accordance with the requirements of the Ground Lease Option Agreement with Rio Nuevo Multipurpose Facilities District.
Attachments: 1. RPS_OptionNoticeRentAmnt75EBroadway, 2. RPS_CAMemo_1-15-26, 3. RPS_RioNuevoSlides_1-20-26

Title

Option Notice and Rent at 75 E. Broadway

Staff recommends approval of the Option Notice as well as the Rent in the amount of $204,820.00 per year in accordance with the requirements of the Ground Lease Option Agreement with Rio Nuevo Multipurpose Facilities District.