Real Estate Services
Policies - Mutual & Offsetting Benefits
The purpose of these policies and procedures is to establish a uniform process and
real estate standards for leases that contain cash rent offsets of Mutual and Offsetting
Benefits (“MOB”) to The City of Seattle and the public through provision
of services by either paid staff or volunteers of a non-profit organization lessee.
The goals of the policies and procedures are
- To make use of MOB leases only where other forms of support are
not available and/or appropriate, and the services used to offset cash rent address
a high priority as documented in City human services and Comprehensive Plan policies.
- To make MOB lease decisions based on a balanced evaluation of
services to The City and the community, actual and potential risks, financial considerations
for both The City and the potential tenant, the range of means available to provide
those services, and the period of time over which the service can be expected to
Leg. History - Resolution 27717 in 1988.
Contact Kyle Joyce (206-684-7154).