File #: 170150    Version: 1 Name: Lease Agreement - SP Plus–Hyde Parking Joint Venture - Northern Waterfront Surface Parking Lots - $2,955,607 Estimated Total Rent in First Year
Type: Resolution Status: Passed
Introduced: 2/14/2017 In control: Clerk of the Board
On agenda: 2/14/2017 Final action: 4/14/2017
Enactment date: 4/14/2017 Enactment #: 103-17
Title: Resolution approving Lease No. L-16141 between the Port and SP Plus-Hyde Parking Joint Venture for a lease of surface parking lots in Port jurisdiction in the northern waterfront, including: a five-year term for Seawall Lot 321; a three-year term with two one-year Port options for Seawall Lots 323-324; and interim month-to-month parking at Seawall Lot 322-1, Pier 19½, and Pier 29½, such terms to commence following Board approval, with estimated total rent generated under the Lease for the first year of operations of $2,955,607.
Attachments: 1. Leg Ver1, 2. Lease 121216, 3. Port Memo 060916, 4. Port Leg Summary, 5. Form 126, 6. Bdgt Analyst Rpt 031617, 7. Comm Pkt 031617, 8. Port Reso No. 15-20, 9. Port Reso No. 16-12, 10. Board Pkt 040417, 11. Form 126 Final, 12. Leg Final
Legislation Details
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