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File #: 180981    Version: 1 Name: Lease Modification - American Airlines, Inc. - SuperBay Hangar Lease No. L13-0071 - Extension of Term, Rent Increase, and Premises Reduction - $6,076,388 Initial Annual Base Rent
Type: Resolution Status: Passed
Introduced: 10/23/2018 In control: Clerk of the Board
On agenda: 10/23/2018 Final action: 12/7/2018
Enactment date: 12/7/2018 Enactment #: 406-18
Title: Resolution retroactively approving Modification No. 3 of the SuperBay Hangar Lease No. L13-0071, between American Airlines, Inc. and the City and County of San Francisco, acting by and through its Airport Commission, to extend the term by four years and eight months, for the period of November 1, 2018, through June 30, 2023; increase the initial base rent to $6,076,388 with rent increases adjusted annually by the Consumer Price Index; and reduce the premises by recapture of certain land at Plot 40 at the San Francisco International Airport.
Attachments: 1. Leg Ver1, 2. DRAFT Lease Mod 3 091818, 3. AC Reso No. 18-0306 and SFO Memo 091818, 4. Original Lease No. L13-0071 040813, 5. Lease Mod 2 022018, 6. Form 126, 7. BLA Report 111518, 8. Comm Pkt 111518, 9. Board Pkt 112718, 10. Leg Final
Legislation Details
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