This resolution approves a lease agreement for Mel’s Drive-In to occupy retail space at 801 Mission Street for five years, potentially generating nearly $1.9 million in revenue for the city. The lease includes an option to extend for an additional five years.
Resolution approving a Commercial Lease Agreement between the City and County of San Francisco and San Francisco C&C, doing business as Mel’s Drive-In, for the retail space located at 801 Mission Street in the Fifth and Mission Garage, for an initial five-year term that will result in an estimated $1,908,684 in revenue, and one five-year option to extend the lease, effective upon approval of this Resolution.
How it got here
The legislation originated from the San Francisco Municipal Transportation Agency's need to formalize a new lease agreement with Mel's Drive-In after the expiration of their previous lease.
The SFMTA determined that the Commercial Lease Agreement with Mel's is not defined as a 'project' under CEQA, allowing the lease to proceed without further environmental review.
The SFMTA Board approved Resolution No. 251007-092 authorizing the Director of Transportation to execute the Commercial Lease Agreement with Mel's Drive-In and forward it to the Board of Supervisors for final approval.
The Mayor's Office submitted a memo to the Clerk of the Board of Supervisors regarding the new lease agreement for Mel's Drive-In, outlining the terms and expected revenue.
The Budget and Finance Committee reviewed the lease agreement and referred it to the Board of Supervisors without recommendation.
The Board of Supervisors adopted the resolution approving the lease agreement with Mel's Drive-In, allowing for an initial five-year term and an estimated revenue of $1,908,684.
Reconstructed from attached documents & the official record