City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
140315
Name:
Settlement of Claim - American Airlines, Inc. -
Assumption of Lease Obligations and Allocation of
Relocation Reimbursement Credits
Status:
Type:
Ordinance
Passed
File created:
In control:
4/8/2014
Clerk of the Board
On agenda:
Final action:
4/8/2014
6/19/2014
Enactment date:
6/19/2014
086-14
Enactment #:
Title:
Ordinance authorizing the settlement of the bankruptcy claim filed by the City and County of San
Francisco against American Airlines, Inc., and its affiliated entities in In re: American Airlines, Inc., et
al., Case No. 11-15463 SHS, United States Bankruptcy Court for the Southern District of New York,
pursuant to a Cure Stipulation; the Cure Stipulation resolves the claim filed by the City and provides
for American’s assumption of its leases, permits, and related agreement related to American’s
operations at San Francisco International Airport; under the Cure Stipulation, the Airport will apply
certain credits owed by Airport related to American’s interim relocation from Terminal 3 Boarding Area
E to Terminal 2 Boarding Area D to the amounts owed by American under its leases, permits, and
related obligations; further, the Airport will apply the remaining amount of the relocation related credits
to American’s future obligations; the Cure Stipulation further provides for American’s assumption of an
agreement related to environmental clean-up and monitoring costs at the Airport.
Sponsors:
Attachments:
1. Leg Ver1, 2. Comm Pkt 051514, 3. Board Pkt 060314, 4. Board Pkt 061014, 5. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED FROM DEPARTMENT
Clerk of the Board
3/28/2014
1
RECEIVED AND ASSIGNED
President
4/8/2014
1
RECOMMENDED..
Rules Committee
5/15/2014
1
Pass
PASSED, ON FIRST READING
Board of Supervisors
6/3/2014
1
Pass
FINALLY PASSED
Board of Supervisors
6/10/2014
1
Pass
APPROVED
Mayor
6/19/2014
1