Approval of Five-Year Revenue Lease Amendment with RLM Wealth Group, Inc. at the Riverside Centre
Summary
SCH Number
2024060576
Public Agency
Riverside County
Document Title
Approval of Five-Year Revenue Lease Amendment with RLM Wealth Group, Inc. at the Riverside Centre
Document Type
NOE - Notice of Exemption
Received
Posted
6/13/2024
Document Description
Riverside Centre is a 147,565 square foot County-owned office building complex located at 3403 Tenth Street, Riverside that is occupied by both County departments and private sector organizations. RLM Wealth Group, Inc. (RLM Wealth), a California Corporation, has occupied Riverside Centre since 201 and offers wealth management and retirement planning solutions to area residents. RLM Wealth and Facilities Management Real Estate (FM-RE) have negotiated a new revenue lease under new terms for a total occupancy of 1,294 square feet (Revenue Lease). The Revenue Lease Amendment with RLM Weatlh Group, Inc. commences on June 1, 2024 and includes one, three-year option to extend.
Contact Information
Name
Mike Sullivan
Agency Name
Riverside County
Job Title
Facilities Operations Manager
Contact Types
Lead/Public Agency / Project Applicant / Parties Undertaking Project
Phone
Email
Location
Cities
Riverside
Counties
Riverside
Regions
Citywide
Cross Streets
3403 Tenth Street, Suite 820, west of Lime Street, Riverside
Zip
92501
Parcel #
215-120-005
State Highways
SR-91
Notice of Exemption
Exempt Status
Categorical Exemption
Type, Section or Code
Class 1 Existing Facilities and 15061 b3 Common Sense
Reasons for Exemption
The project, as proposed, is limited to an extension of term for the existing Revenue Lease to continue services at an existing facility. The continuation of these services will result in the ongoing use, operation, and maintenance of the facility. The use of the facility would not result in any changes as a result of the occupancy and no expansion of public services would occur.
County Clerk
Riverside
Attachments
Notice of Exemption
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