execute the option with vno patson van ness holding llc to extend the office workspace lease, in a total amount not to exceed the fair market rental value, and authorize the executive director to negotiate terms and conditions. this is an action item. supervisor mirkarimi: any comment, colleagues? any public comment? seeing none, public comment is closed. so moved. >>item 8. award a three-year consultant contract, with two additional one-year extension options, to smith, watts and company llc, in an amount not to exceed $135,000, for state legislative and advocacy services, and authorize the executive director to negotiate contract terms and conditions. supervisor mirkarimi: of any discussion? seeing none. public comment? seeing none, public comment is closed. without objection. so moved. thank you, finance committee. >>item 9. allocate, with conditions, to the municipal transportation agency, $508,000 in prop k funds for traffic calming planning, evaluation and outreach and $214,000 in prop k funds for planning and design of new pedestrian signals, subject to the attached fiscal year ca

vno patson annvan ness holding to extend the office workplace lease. >> in october 1993, the authorities office was at city hall. with the approval of prop b, the authority help to relocate the office to 100 van ness. there we were administrating -- the transportation for clean air program. with the passage of prop k in november 2003, there is the need for additional space in august 2005. the authority move their offices up one floor. we were able tim expand 60% to accommodate for all of the additional space needed. currently, the authority has a five-year lease with vno. the lease expires august 2011 and includes a five-year option to include a contract term. the authority had a big bet on march 20 and sought estimates from four other locations. we took a location at the embarcadero, the south of market, the civic center. from that bid and request an proposal, we were able to obtain estimates for the property at 1390 market street. a five-year contract would cost $2.4 million. atat 220 market street, we were able to obtain $2.5 million that we were able to contract for a five-year term. 1455 market street, we were able to obtain an estimate of $2.7 million at a five-year term lease. staying