Share to Facebook Share to Twitter Bookmark and Share
File #: 180093    Version: Name: Lease Agreement - China Basin Ballpark Company, LLC - Pier 48 - Mission Rock Project
Type: Resolution Status: Passed
Introduced: 1/23/2018 In control: Clerk of the Board
On agenda: Final action: 2/23/2018
Enactment date: 2/23/2018 Enactment #: 043-18
Title: Resolution approving a Lease Agreement between the Port and China Basin Ballpark Company, LLC (“CBBC”) for Pier 48; with a Base Rent of $55,416.47 per month from April through September and $2,916.67 per month from October through March, in recognition of increased parking demand by ballpark patrons during the baseball season, with 66% of gross revenues for all parking operations less parking taxes and authorized, substantiated extraordinary expenses, as further defined in the Lease, to be paid by CBBC, for a ten-year term to commence following approval by the Board and the Mayor, for the proposed Mission Rock Project; and adopting findings under the California Environmental Quality Act.
Sponsors: London N. Breed, Jane Kim
Attachments: 1. Leg Ver1, 2. Pier 48 Lease 013118, 3. Master Lease 020118, 4. Leg Ver2, 5. Port Res 18-10, 6. Comm Pkt 020517, 7. Form 126, 8. Board Pkt 021318, 9. Leg Final
Related files: 171293, 171280, 171312, 171314, 171315, 171247, 170940, 171117, 171118, 171286, 171313, 180092, 180094, 180095
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.