RECOMMENDATION
Approve and authorize the Chairman to sign the following leases with Parlay Investments, Inc.: (1) In the amount of $1,572.50 per month (approximately $0.85 per square foot) for 1,850 square feet of office space at 1420 Yuba Street, Redding, for the period February 1, 2017 through December 31, 2021 with annual Consumer Price Index (CPI) increases or decreases of no more than two percent per year with two two-year and one one-year optional renewals; and (2) in the amount of $879.75 per month (approximately $0.85 per square foot) for 1,035 square feet of office space at 1580 Market Street, Redding, for the period February 1, 2017 through December 31, 2021 with annual CPI increases or decreases of no more than two percent per year with two two-year and one one-year optional renewals. |