The Department of General Services, Real Estate Services Division proposes enter into short-term leases of two areas currently used for surface parking. Lease will serve as a short-term option arrangement to secure parcels for consideration as alternative future development sites until environmental process is completed through an on-going CEQA process. Execution of leases will not result in any change to use and/or operation of existing surface lots.
The project consists of approval of short-term leases for existing surface parking lots. Leases will serve as property acquisition options that would not be executed until an environmental review process is completed. There would be no change in the use of the subject properties under the short-term leases.
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