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Resolution#251170Passed
In plain English
This resolution allows the San Francisco International Airport to reduce the minimum annual payments and percentage rent for certain food and beverage concession tenants. It also changes how the annual minimum guarantees are adjusted for all food and beverage leases at the airport.
Resolution approving the Food and Beverage Minimum Annual Guarantee and Pre-Security Rent Reduction Program for Food & Beverage Concession Tenants allowing the San Francisco International Airport to enter into lease amendments to lower the minimum annual guarantees for 18 of 69 food & beverage leases, lower the percentage rent structure for seven pre-security leases, and alter the annual minimum annual guarantee adjustment methodology for all food and beverage leases.
How it got here
Document trail
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DRAFT L03-0180 Sankaku - Amend No. 4
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DRAFT L03-0183 Bayport - Amend No. 5
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DRAFT L03-0189 Gate 74 - Amend No. 3
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DRAFT L16-0312 Amoura - Amend No. 4
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DRAFT L16-0313 Bun Mee - Amend No. 3
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DRAFT L16-0314 Gate 74 - Amend No. 2
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DRAFT L18-0209 Bun Mee - Amend No. 4
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DRAFT L23-0236 Amoura - Amend No. 1
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AC Reso No. 25-0130 081925
PDF โResolution
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BLA Rpts 010726
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How they voted
ADOPTED
Board of Supervisors ยท Jan 13, 2026Pass
11-0
RECOMMENDED AS AMENDED
Budget and Finance Committee ยท Jan 7, 2026Pass
3-0
AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE
Budget and Finance Committee ยท Jan 7, 2026Pass
3-0
Legislative journey
Clerk of the BoardNov 12, 2025
ยทRECEIVED FROM DEPARTMENT
PresidentDec 2, 2025
โRECEIVED AND ASSIGNED
Budget and Finance CommitteeJan 7, 2026
โAMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLEPass
โRECOMMENDED AS AMENDEDPass
Board of SupervisorsJan 13, 2026
โADOPTEDPass
MayorJan 23, 2026
โAPPROVED