REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
December 17, 2024
FROM
TERRY W. THOMPSON, Director, Real Estate Services Department
ARLENE MOLINA, Interim Director, Preschool Services Department
SUBJECT
Title
Amendment to Lease Agreement with IV3 662-696 S Tippecanoe Ave, LLC for Office Space in San Bernardino
End
RECOMMENDATION(S)
Recommendation
1. Find that approval of Amendment No. 6 to Lease Agreement No. 06-1152 with IV3 662-696 S Tippecanoe Ave, LLC, for approximately 18,000 square feet of office space at 662 South Tippecanoe Avenue in San Bernardino is an exempt project under the California Environmental Quality Act Guidelines Section 15301 - Existing Facilities (Class 1).
2. Approve Amendment No. 6 to Lease Agreement No. 06-1152 with IV3 662-696 S Tippecanoe Ave, LLC to exercise the final option and extend the term by three years, from January 1, 2025, through December 31, 2027, for approximately 18,000 square feet of office space at 662 South Tippecanoe Avenue in San Bernardino, for the Preschool Services Department, increasing the amount by $1,574,640, from $7,104,552 for a total of $8,679,192.
3. Direct the Real Estate Services Department to file the Notice of Exemption in accordance with the California Environmental Quality Act.
(Presenter: Terry W. Thompson, Director, 387-5000)
Body
COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Operate in a Fiscally-Responsible and Business-Like Manner.
FINANCIAL IMPACT
Approval of this item will not result in the use of Discretionary General Funding (Net County Cost). The total cost of Amendment No. 6 (Amendment) to Lease Agreement No. 06-1152 (Lease) of $1,574,640, is 84% federally funded and 16% state funded. Lease payments will be made from the Real Estate Services Department (RESD) Rents budget (7810001000) and reimbursed from the Preschool Services Department (PSD) budget (5910002220). Sufficient appropriation and revenue are i...
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