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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.

Introduced: Dec 2, 2025
Final action: Jan 23, 2026
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How it got here

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BLA Rpts 010726
Budget and Legislative Analyst
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How they voted

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
โ†’RECEIVED AND ASSIGNED
Budget and Finance CommitteeJan 7, 2026
โœŽAMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLEPass
โœ“RECOMMENDED AS AMENDEDPass
Board of SupervisorsJan 13, 2026
โœ“ADOPTEDPass
MayorJan 23, 2026
โœ“APPROVED