File #: 241106    Version: 1 Name: Airport Specialty Retail Minimum Annual Guarantee Rent Reduction Program
Type: Resolution Status: Passed
Introduced: 11/19/2024 In control: Clerk of the Board
On agenda: 11/19/2024 Final action: 2/28/2025
Enactment date: 2/28/2025 Enactment #: 062-25
Title: Resolution approving the Specialty Retail Minimum Annual Guarantee Rent Reduction Program for certain specialty retail concession tenants, allowing the Airport to do a one-time adjustment of the Minimum Annual Guarantees due under the leases, and changing the method for future adjustments of the Minimum Annual Guarantees.
Attachments: 1. Leg Ver1, 2. DRAFT Amend No. 3 - L15-0039 WDFG (Jo Malone Tom Ford Aveda), 3. DRAFT Amend No. 3 - L17-0209 DFS Group, 4. DRAFT Amend No. 4 - L17-0210 Canonica (Chocolate Market ITG), 5. DRAFT Amend No. 3 - L18-0071 Brookstone SFO T-2 LLC, 6. DRAFT Amend No. 4 - L18-0073 Canonica (Chocolate Market T2), 7. DRAFT Amend No. 4 - L18-0203 InMotion SFO, LLC (iStore), 8. DRAFT Amend No. 2 - L18-0205 L'Occitane, 9. DRAFT Amend No. 3 - L18-0207 RAKH, Inc (NYS Collection Eyewear), 10. DRAFT Amend No. 3 - L18-0231 InMotion SFO-IT, LLC (InMotion-ITA), 11. DRAFT Amend No. 3 - L18-0232 InMotion SFO-T3, LLC (InMotion-ITG), 12. DRAFT Amend No. 3 - L18-0233 Air Sun (Sunglass Hut T3), 13. DRAFT Amend No. 2 - L18-0284 Canonica (Chocolate Market T3 Candy Kiosk), 14. DRAFT Amend No. 3 - L18-0345 Air Sun (Sunglass Hut T2), 15. DRAFT Amend No. 3 - L18-0395 Emporio Rulli (G.R. Chocolate), 16. DRAFT Amend No. 2 - L19-0053 Apparel Sourcing (We Are SF), 17. DRAFT Amend No. 2 - L20-0046 Genesco (Johnston & Murphy), 18. DRAFT Amend No. 1 - L23-0250 Chalo, 19. AIR Comm. Reso No. 24-0222 101524, 20. L15-0039 - Executed Original - Amends 1-2, 21. L17-0209 - Executed Original - Amends 1-2, 22. L17-0210 - Executed Original - Amends 1-3, 23. L18-0071 - Executed Original - Amends 1-2, 24. L18-0073 - Executed Original - Amends 1-3, 25. L18-0203 - Executed Original - Amends 1-3, 26. L18-0205 - Executed Original - Amend 1, 27. L18-0207 - Executed Original - Amends 1-2, 28. L18-0231 - Executed Original - Amends 1-2, 29. L18-0232 - Executed Original - Amends 1-2, 30. L18-0233 - Executed Original - Amends 1-2, 31. L18-0284 - Executed Original - Amend 1, 32. L18-0345 - Executed Original - Amends 1-2, 33. L18-0395 - Executed Original - Amends 1-2, 34. L19-0053 - Executed Original - Amend 1, 35. L20-0046 - Executed Original - Amend 1, 36. L23-0250 - Executed Original, 37. Form 126s (15), 38. SFO Ltr 110724, 39. BLA Rpt 021225, 40. Cmte Pkt 021225, 41. Board Pkt 022525, 42. Forms 126 Final (15), 43. Leg Final
Legislation Details
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