This resolution approves an amendment to the lease for Muni operations at the Salesforce Transit Center, extending the lease until December 31, 2050, with options for two additional ten-year extensions. It also allows the Director of Transportation to make necessary changes to the lease that do not significantly increase costs or reduce benefits for the city.
Resolution approving a First Amendment to the Lease Agreement with the Transbay Joint Powers Authority for continued Muni operations at the Salesforce Transit Center, located at First and Mission Streets, for a term effective upon approval of this Resolution through December 31, 2050, with two ten-year extension options and a current estimated annual operating charge of $1,203,280; and to authorize the San Francisco Municipal Transportation Agency’s Director of Transportation to enter into any extensions, amendments, or modifications to the Lease Amendment that do not materially increase the obligations or liabilities to the City or materially reduce the benefits and are necessary or advisable to effectuate the purposes of the Lease, as modified by the Lease Amendment or this Resolution.
How it got here
The legislation originated from the need to extend the lease for Muni operations at the Salesforce Transit Center, following a successful pilot program.
The SFMTA entered into a lease with the Transbay Joint Powers Authority (TJPA) for Muni operations at the Salesforce Transit Center, approved under Resolution No. 180605-084.
The SFMTA Board adopted Resolution No. 250715-068 to authorize the Director of Transportation to request the Board of Supervisors to approve the lease amendment extending the lease term to December 31, 2050.
The SFMTA determined that the proposed lease amendment is not a 'project' under CEQA, allowing it to proceed without further environmental review.
The SFMTA submitted a request to the Board of Supervisors for approval of the First Amendment to the Lease Agreement with TJPA.
The Budget and Finance Committee recommended the resolution for the lease amendment to the Board of Supervisors.
The Board of Supervisors adopted the resolution approving the First Amendment to the Lease Agreement with TJPA.
The Mayor approved the resolution, finalizing the lease amendment for continued Muni operations at the Salesforce Transit Center.
Reconstructed from attached documents & the official record
