File #: 241106    Version: 1 Name: Airport Specialty Retail Minimum Annual Guarantee Rent Reduction Program
Type: Resolution Status: Pending Committee Action
Introduced: 11/19/2024 In control: Budget and Finance Committee
On agenda: 11/19/2024 Final action:
Enactment date: Enactment #:
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
Legislation Details
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