RESOLUTION NO. 2010-03

BOARD OF SUPERVISORS, COUNTY OF SAN MATEO, SITTING AS THE BOARD OF COMMISSIONERS OF THE HOUSING AUTHORITY OF THE COUNTY OF SAN MATEO, STATE OF CALIFORNIA

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RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR OF THE HOUSING AUTHORITY OF THE COUNTY OF SAN MATEO TO EXECUTE A THIRD AMENDMENT TO THE COMMERCIAL LEASE AGREEMENT BETWEEN THE HOUSING AUTHORITY, LANDLORD, AND YAHIA SHEHADEH AND SABAH ECHKANTANA, D/B/A JAFFA CITY CAFÉ, TENANTS, FOR RETAIL SPACE LOCATED AT EL CAMINO VILLAGE, 7662 EL CAMINO REAL, COLMA, CA, ALLOWING FOR A LEASE EXTENSION THROUGH MARCH 31, 2013, INCREASES IN THE BASE RENT OVER THE TERM OF THE AMENDMENT, AND THE OPTION OF A THREE-YEAR EXTENSION AT THE EXPIRATION OF THE TERM.

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RESOLVED, by the Board of Supervisors of the County of San Mateo, sitting as the Board of Commissioners of the Housing Authority of the County of San Mateo, State of California, that

 

WHEREAS, the Housing Authority of the County of San Mateo (HACSM) is the owner of the real property commonly known as El Camino Village in Colma, San Mateo County, California; and

WHEREAS, the El Camino Village development contains a ground level retail space that HACSM currently leases to Yahia Shehadeh and Sabah Echkantana, d/b/a Jaffa City Café, under a lease executed in 2000 and amended on two prior occasions; and

WHEREAS, the second lease amendment expired on September 30, 2009 and HACSM is interested in executing a third amendment to the lease that, among other things, retroactively extends the lease term; and

WHEREAS, this third amendment to the lease extends the term of the lease through March 31, 2013, provides for periodic increases in the rent, and expands the Tenant Operations provision;

WHEREAS, this Board is authorized to approve the execution of the Third Amendment to Lease Agreement between HACSM and Yahia Shehadeh and Sabah Echkantana, d/b/a Jaffa City Cafe (Tenants);

WHEREAS, there has been presented to the Board of Commissioners for its consideration and acceptance the Third Amendment to Lease Agreement, reference to which is hereby made for further particulars, and the Board has examined and approved the same as to form and content.

 

NOW, THEREFORE, IT IS HEREBY RESOLVED that the Executive Director of the Housing Authority of the County of San Mateo, is hereby authorized and directed to execute said Amendment for and on behalf of the Housing Authority of the County of San Mateo.

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