Resolution approving the Second Amendment to Port Commission Lease No. L-16274 with Golden Gate National Parks Conservancy to build and operate a public serving café and retail space within the bulkheads and portions of the sheds of Piers 31 and 33 for a 30-year term, with two options to extend the Lease for 10 additional years, effective upon approval of this Resolution and Port’s execution of this Amendment; and to (i) establish the amount of unpaid base rent Conservancy will pay to Port at $289,765.05; (ii) extend the Phase I Improvements completion date to December 31, 2025; (iii) increase the original construction rent credit from $554,000 to $800,000; (iv) provide a three year extension of the Lease term to June 30, 2052; and (v) establish a 50% share of any excess rents from food and beverage subtenants.

The Port Commission approved a General Agreement with the National Park Service to establish Piers 31, 31½, and 33 as the ferry embarkation site for Alcatraz Island, which included leasing portions of the site to the Conservancy for visitor amenities.

The Board of Supervisors adopted Resolution No. 317-18, approving the lease between the Port and the Conservancy for a 30-year term to build and operate a café and retail space.

The Port Commission approved the First Amendment to the lease, establishing the Phase I Commencement Date as October 15, 2019, and the Phase I Rent Commencement Date as July 1, 2020.

The Port Commission authorized the Executive Director to enter into the Second Amendment to the lease, which included terms for unpaid rent, an extension of the completion date, and increased construction rent credit.

The Budget and Finance Committee recommended the Board of Supervisors approve the Second Amendment to the lease, which was necessary to move the project forward after delays caused by the pandemic.

The Board of Supervisors adopted the resolution approving the Second Amendment to the lease, allowing the Conservancy to proceed with the café project.