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Resolution#231111Passed
In plain English
The resolution approves a lease agreement between the Port Commission and Recology San Francisco for a large space at Pier 96, which will generate about $369,500 in monthly revenue for the Port over a term of approximately 74 months. It also allows the Port's Executive Director to make minor amendments to the lease as needed without increasing the city's obligations.
Resolution approving Port Commission Lease L-17035 with Recology San Francisco, a California corporation, located at Pier 96 for approximately 196,369 square feet of shed, outbuilding and loading dock space, and approximately 252,319 square feet of paved land and yard space which will initially generate revenue to the Port of approximately $369,500 per month, for a term of approximately 74 months, effective upon approval of this Resolution; adopting findings under the California Environmental Quality Act; and to authorize the Executive Director of the Port to enter into amendments or modifications to the lease that do not materially increase the obligations or liabilities to the City and are necessary to effectuate the purposes of the contract or this Resolution.
How it got here
Document trail
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PRT Reso No. 02-21 062502
PDF โResolution
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BLA Rpt 111523
PDF โBudget and Legislative Analyst
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How they voted
ADOPTED
Board of Supervisors ยท Nov 28, 2023Pass
5-0
RECOMMENDED
Budget and Finance Committee ยท Nov 15, 2023Pass
2-0
Legislative journey
Clerk of the BoardOct 19, 2023
ยทRECEIVED FROM DEPARTMENT
PresidentOct 31, 2023
โRECEIVED AND ASSIGNED
Budget and Finance CommitteeNov 15, 2023
โRECOMMENDEDPass
Board of SupervisorsNov 28, 2023
โADOPTEDPass
MayorDec 8, 2023
โAPPROVED