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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.
How it got here
Related / predecessor legislation
↑ predecessor#121191— not yet in database
↑ predecessor#201278— not yet in database
Document trail
PDF ↗
DRAFT Amend No. 2
PDF ↗Amendment
Air Comm Reso No. 20-0249 122020
PDF ↗Resolution
AIR Memo for Reso No. 20-0249 121520
PDF ↗Resolution
Amend No. 1 040921
PDF ↗Amendment
PDF ↗
PDF ↗
BLA Report 091521
PDF ↗Budget and Legislative Analyst
PDF ↗
PDF ↗
PDF ↗
Executed Amend No. 2
PDF ↗Amendment
PDF ↗
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