This resolution approves a 12-year lease for food and beverage concessions at the Harvey Milk Terminal 1 in San Francisco International Airport, with an option to extend for two additional years. The lease guarantees a minimum annual payment of $275,000 for the first year.
Resolution approving the Harvey Milk Terminal 1 Food and Beverage Concession Lease in Phases 3 and 4 - Lease 10, Lease No. 20-0041 between ProperFood SFO Airport, LLC, and the City and County of San Francisco, acting by and through its Airport Commission, for a term of 12 years with one two-year option to extend at the Airport’s sole discretion, to commence upon approval by the Board of Supervisors, and a minimum annual guarantee of $275,000 for the first year of the Lease.
How it got here
The legislation originated from a competitive selection process initiated by the Airport Commission for food and beverage concessions at the Harvey Milk Terminal 1.
The Airport Commission authorized staff to begin the competitive selection process for food and beverage concession leases at the Harvey Milk Terminal 1.
The Airport Commission approved revised lease specifications and authorized staff to accept proposals for the food and beverage concession leases.
The Airport received 15 proposals in response to the Request for Proposals for the food and beverage concession leases.
The Airport Commission awarded Lease No. 20-0041 for the Gourmet Grab & Go Market to ProperFood SFO Airport, LLC, following a competitive evaluation process.
The proposed resolution for the lease agreement was received from the Airport Commission for approval by the Board of Supervisors.
The Board of Supervisors adopted the resolution approving the lease agreement with ProperFood SFO Airport, LLC for a term of 12 years with a minimum annual guarantee of $275,000.
The Mayor approved the resolution, finalizing the lease agreement for the food and beverage concession at the Harvey Milk Terminal 1.
Reconstructed from attached documents & the official record
