City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
240731
Name:
Real Property Lease - Twin Peaks Petroleum, Inc. -
598 Portola Drive - $156,600 Initial Annual Base
Rent
Status:
Type:
Resolution
Passed
File created:
In control:
6/25/2024
Clerk of the Board
On agenda:
Final action:
8/8/2024
Enactment date:
8/8/2024
436-24
Enactment #:
Title:
Resolution approving and authorizing the Director of Property to enter into a real property lease with
Twin Peaks Petroleum, Inc., a California corporation, doing business as Twin Peaks Auto Care,
successor-in-interest to Michael Gharib, for approximately 14,499 square feet located at 598 Portola
Drive, for an initial term of twenty years with one five-year option to extend, at an initial base rent of
$156,600 with annual adjustments of three percent thereafter; effective upon approval of this
Resolution by the Board of Supervisors and Mayor, and full execution of the Lease; to require the
Tenant to complete certain improvements by December 31, 2025, with a waiver of rent up to three
months; finding that competitive bidding procedures required under San Francisco Administrative
Code, Chapter 23, Section 23.33, are impractical; finding that the Premises is exempt surplus land
under California Code, Section 54421(f)(1)(B); and to authorize the Director of Property to enter into
amendments or modifications to the lease 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:
Myrna Melgar
Attachments:
1. Leg Ver1, 2. DRAFT Lease, 3. Original Lease 060894, 4. Amend No. 1 040104, 5. Lease 072315,
6. RED Ltr 062024, 7. Form 126, 8. BLA Rpt 071724, 9. Cmte Pkt 071724, 10. Leg Ver2, 11. BLA Rpt
072424, 12. Cmte Pkt 072424, 13. Board Pkt 073024, 14. Public Correspondence, 15. Form 126
Final, 16. Leg Final, 17. Executed Lease 061324
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
6/25/2024
1
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Budget and Finance Committee
7/17/2024
1
Pass
CONTINUED AS AMENDED
Budget and Finance Committee
7/17/2024
2
Pass
RECOMMENDED
Budget and Finance Committee
7/24/2024
2
Pass
ADOPTED
Board of Supervisors
7/30/2024
2
Pass
APPROVED
Mayor
8/8/2024
2
RECEIVED FROM DEPARTMENT
Clerk of the Board
9/19/2024
2