City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
200965
Name:
Real Property Lease - Twin Peaks Petroleum, Inc. -
598 Portola Drive - $200,200 Per Year Base Rent
Status:
Type:
Resolution
Filed
File created:
In control:
8/18/2020
Budget and Finance Committee
On agenda:
Final action:
11/1/2021
Enactment date:
Enactment #:
Title:
Resolution authorizing the lease of real property located at 598 Portola Drive with Twin Peaks
Petroleum, Inc., a California corporation, doing business as Twin Peaks Auto Care, successor-in-
interest to Michael Gharib, for an initial 25-year term at a base rent of $200,200 per year with annual
adjustments of three percent, with one five-year option to extend, to commence upon approval by the
Board of Supervisors and Mayor, in their respective sole and absolute discretion.
Sponsors:
Norman Yee
Attachments:
1. Leg Ver1, 2. DRAFT Lease 081020, 3. RED Ltr 081020, 4. Form 126, 5. BLA Report 092320, 6.
Comm Pkt 092320, 7. BLA Report 093020, 8. Comm Pkt 093020, 9. Ltr from SBC 00120, 10. Board
Pkt 100620, 11. Post Pkt Correspondence, 12. YC Reso No 2021-AL-05
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
8/18/2020
1
CONTINUED
Budget and Finance Committee
9/23/2020
1
Pass
REFERRED WITHOUT
RECOMMENDATION
Budget and Finance Committee
9/30/2020
1
Pass
RE-REFERRED
Board of Supervisors
10/6/2020
1
Pass
FILED PURSUANT TO RULE 3.41
Clerk of the Board
11/1/2021
1