City Officer: Board of Supervisors – Filed: March 4, 2013 – Contractor: Los Altos Hotel Associates, LLC

Nature of Contract

A 20 year lease with Los Altos Hotel Associates, LLC for approximately 47,916 square feet of land known as Bay Division Pipelines 3 and 4, Parcel 232A, located in Los Altos.

Date Contract Approved

February 26, 2013

Amount

$52,324 per year, with 4% annual increases. City has 3 market rent appraisal options.

Form

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