Resolution approving Modification No. 1 to Ground Lease No. 96-0268 between the City and County of San Francisco, acting by and through its Airport Commission, and United Airlines, Inc. to extend the term by three years, provide for rent adjustments during the extension term, and update certain legal provisions required by applicable local, state, and federal laws, as defined herein, to take effect only after approval by the Board of Supervisors.

The Airport Commission approved Ground Lease No. 96-0268 with United Airlines for approximately 11.30 acres at the Airport for a period of 25 years.

The Board of Supervisors approved the lease, including Addendum No. 1, which allowed United Airlines to extend the lease term after compliance with the Non-Discrimination in City Contracts and Benefits Ordinance.

United Airlines exercised its right to extend the lease through this date, marking the end of the current lease term.

The Airport Commission approved Modification No. 1 to the lease, which proposed a three-year extension and updates to legal provisions.

The Airport Commission submitted the proposed Modification No. 1 to the Board of Supervisors for approval, including necessary accompanying documents.

The Budget and Finance Committee recommended the resolution to approve Modification No. 1 to the lease.

The Board of Supervisors adopted the resolution approving Modification No. 1, extending the lease term by three years.