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Title:
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Resolution approving and authorizing a ground lease agreement between the City and County of San Francisco, as landlord, and China Basin Ballpark Company LLC ("CBBC") as tenant, concerning the lease of City-owned real property located within ballpark parking lots B and C at Third and Fourth Streets in Mission Bay South, for the construction and operation of interim surface parking lots to serve the new ballpark for the San Francisco Giants; approving, pursuant to Sections 23.6-1 and 6.63-1 of the Administrative Code, a credit against rent otherwise due and payable to the City in an amount equal to possessory interest taxes paid by CBBC with respect to the parking lease; adopting findings pursuant to the California Environmental Quality Act; adopting findings that the parking lease is consistent with the City's General Plan and Eight Priority Policies of Planning Code Section 101.1; adopting findings that the parking lease is consistent with the public trust; and ratifying prior acts.
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