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Lease of 350 Rhode Island

Original title: “ADMRE - 350 Rhode Island Lease”

$11.3M
paid on this contract in FY2025
$48.5M paid so far, of $98.5M agreed · runs to June 2033
December 31, 2021June 30, 2033
running

Paid to

KAIM 350 Rhode Island LLCprime contractor$48.5M

Paid from, FY2025

The fund tells which City account paid. Enterprise funds (Airport, Muni, Water…) are mostly paid from their own fees, fares and rents; the General Fund is mostly local taxes. A special revenue fund holds money earmarked for a purpose, often grants. The fund does not say where the money first came from.

Special revenue fund · annual projects98%$11.1M
General Fund · operating2%$214,351
General Fund · annual projects<1%$21,000
Special revenue fund · multi-year projects<1%$14,000
General Fund · multi-year projects<1%$6,136

Paid year by year, FY2022–FY2026

$3.7M in FY2022 · $11.7M in FY2026

Click a year to see its amount.

Type and award

Contract type: Rents and other non-purchase agreements

Award: Rent or real estate

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Contract 1000024616 · Source: Supplier Contracts · every payment on this contract