This resolution approves a lease for a gourmet grab-and-go market at Terminal 3 West of the San Francisco International Airport, allowing Fly Proper SFO LLC to operate for 14 years with a possible 2-year extension. The lease includes a minimum annual payment of $416,000 to the city.
Resolution approving Terminal 3 West Food and Beverage Phase 1 Concession Lease 3 - Gourmet Grab ‘n Go Market, Lease No. 26-0204, between Fly Proper SFO LLC, as tenant, and the City and County of San Francisco, acting by and through its Airport Commission, as landlord, for a 14-year term plus one option to extend the term by two years, and a minimum annual guarantee of $416,000 effective upon approval of this Resolution.
How it got here
The legislation originated from the Airport Commission's decision to award a concession lease for food and beverage services at Terminal 3 of the San Francisco International Airport.
The Airport Commission authorized staff to commence a competitive selection process for the Terminal 3 West Food and Beverage Phase 1 Concession Leases through a Request for Proposals (RFP).
Staff determined that three out of four proposals for Lease 3 - Gourmet Grab 'n Go Market met the RFP's minimum qualifications and recommended Fly Proper SFO LLC as the highest-ranking proposer.
The Airport Commission awarded the Terminal 3 West Food and Beverage Phase 1 Concession Lease 3 to Fly Proper SFO LLC, with a 14-year term and a minimum annual guarantee of $416,000.
The Airport Commission forwarded the approved resolution for the concession lease to the Board of Supervisors for approval, as required by the City Charter.
Reconstructed from attached documents & the official record