This resolution approves a 14-year lease agreement with SkyChargers, LLC for a Direct Current Fast Charging Hub at the San Francisco Airport, with an option to extend for two additional years. The lease guarantees a minimum annual payment of $190,000 for the first year.
Resolution approving the Direct Current Fast Charging Hub Lease, Lease No. 25-0061 with SkyChargers, LLC, as tenant, and the City and County of San Francisco, acting by and through its Airport Commission, as landlord, for a term of 14 years with one two-year option to extend at the sole discretion of the Airport Commission, and a minimum annual guarantee of $190,000 for the first year of the Lease, effective upon approval of this Resolution.
How it got here
The legislation originated from the Airport Commission's decision to establish a Direct Current Fast Charging Hub at San Francisco International Airport.
The Airport Commission authorized staff to commence the competitive process and issue a Request for Proposals (RFP) for the Direct Current Fast Charging Hub Lease.
An informational conference was conducted, attended by representatives from seven interested companies, with no material changes requested to the proposed business terms.
Staff received one proposal from SkyChargers, LLC, which was determined to be responsive and responsible.
The Airport Commission awarded the Direct Current Fast Charging Hub Lease to SkyChargers, LLC, for a term of 14 years with a minimum annual guarantee of $190,000.
The Airport Commission forwarded the proposed Resolution for the Direct Current Fast Charging Hub Lease to the Board of Supervisors for approval.
The Board of Supervisors adopted the resolution approving the Direct Current Fast Charging Hub Lease with SkyChargers, LLC.
The Mayor approved the resolution, finalizing the lease agreement.
Reconstructed from attached documents & the official record
