City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
240341
Name:
Lease Amendment - La Cocina, Inc. - 101 Hyde
Street - Sidewalk Improvements, Light
Manufacturing and Operation, Remove Utility
Payments - Reimburse Tenant $106,528.02
Status:
Type:
Resolution
Passed
File created:
In control:
4/2/2024
Clerk of the Board
On agenda:
Final action:
5/10/2024
Enactment date:
5/10/2024
246-24
Enactment #:
Title:
Resolution authorizing the Director of Property to execute a First Amendment to a Lease between the
City and La Cocina, Inc. (“Tenant”) related to the lease of City-owned property located at 101 Hyde
Street to extend the lease for one year from January 1, 2026, for a total term of July 7, 2019, through
December 31, 2026, reimburse Tenant in the amount of $106,528.02 for sidewalk improvements,
allow for light manufacturing and operation of a shared-use commercial kitchen, and remove required
future utility payments by Tenant until expiration or termination of the lease; forgive past utility
payments retroactive from March 1, 2020, through the date of the First Amendment to Lease in an
amount not to exceed $115,000; determining that the less than market rent payable under the Lease
will serve a public purpose by reducing economic barriers and fostering an inclusive food economy, in
accordance with Section 23.30 of the Administrative Code; and enter into amendments or
modifications to the First Amendment to the Lease and/or take certain actions that do not materially
increase the obligations or liabilities to the City and are necessary to effectuate the purposes of the
lease or this Resolution.
Sponsors:
Mayor
Attachments:
1. Leg Ver1, 2. DRAFT Amend No. 1, 3. Original Lease 070719, 4. Form 126, 5. BLA Rpt 042424, 6.
Cmte Pkt 042424, 7. Leg Ver2, 8. Board Pkt 043024, 9. Form 126 Final, 10. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
4/2/2024
1
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Budget and Finance Committee
4/24/2024
1
Pass
RECOMMENDED AS AMENDED
Budget and Finance Committee
4/24/2024
2
Pass
ADOPTED
Board of Supervisors
4/30/2024
2
Pass
APPROVED
Mayor
5/10/2024
2