A formal position or approval by the Board: Approve the Lease Termination Agreement for the Terminal 2 Casual Dining Food and Beverage Concession Lease 6, Lease No.
Resolution approving the Lease Termination Agreement for the Terminal 2 Casual Dining Food and Beverage Concession Lease 6, Lease No. 18-0074 between SSP America, Inc., as tenant, and the City and County of San Francisco, acting by and through its Airport Commission, as Landlord.
How it got here
The legislation originated from the need to terminate the lease agreement for an underperforming food and beverage concession at San Francisco International Airport.
The Airport Commission awarded the Terminal 2 Casual Dining Food and Beverage Concession Lease 6 to SSP America, Inc. by Resolution No. 18-0074.
The Board of Supervisors approved the lease agreement for the concession by Resolution No. 366-18.
The Airport Commission approved a lease termination agreement requiring a $125,000 termination fee, which was later paused for further discussion.
The Airport Commission repealed the previous termination agreement and approved a new agreement with no termination fee, allowing SSP America, Inc. to continue operations until September 1, 2026.
The proposed resolution for the lease termination agreement was forwarded to the Board of Supervisors for approval.
The Board of Supervisors adopted the resolution approving the lease termination agreement for the Terminal 2 Casual Dining Food and Beverage Concession Lease 6.
Reconstructed from attached documents & the official record
