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Resolution#210635Passed
In plain English

This resolution approves an extension of the lease for a specialty store at San Francisco Airport until June 30, 2023, allowing the Airport Director to terminate it earlier with six months' notice. The lease terms, including the minimum annual guarantee, remain unchanged but may be adjusted as specified in the lease agreement.

Resolution approving Amendment No. 2 to the Boarding Area F Specialty Store Lease No. 12-0086, between Stellar Partners, Inc., as tenant, and the City and County of San Francisco, acting by and through its Airport Commission, for an extension of the term for no later than June 30, 2023, with a condition that the Airport Director, at his sole and absolute discretion, may terminate earlier by providing six months’ advance written notice, with no change to the current minimum annual guarantee, subject to adjustment in accordance with the terms and conditions of the Lease, effective upon approval by the Board of Supervisors.

Introduced: Jun 8, 2021
Final action: Sep 29, 2021
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How it got here

Related / predecessor legislation
↑ predecessor#121191— not yet in database
↑ predecessor#201278— not yet in database
Document trail
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BLA Report 091521
Budget and Legislative Analyst
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How they voted

ADOPTED
Board of Supervisors · Sep 21, 2021Pass
4-0

Legislative journey

Clerk of the BoardMay 21, 2021
·RECEIVED FROM DEPARTMENT
PresidentJun 8, 2021 – Jul 7, 2021
RECEIVED AND ASSIGNED
·TRANSFERRED
Budget and Finance CommitteeSep 15, 2021
RECOMMENDEDPass
Board of SupervisorsSep 21, 2021
ADOPTEDPass
MayorSep 29, 2021
APPROVED