City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
220845
Name:
Lease Amendment No. 4 - World Duty Free Group
North America, LLP - Terminal 2 Newsstands,
Coffee and Specialty Store Lease No. 10-0232 -
Reduction of Premises - Reduction in the Minimum
Annual Guarantee of $302,625
Status:
Type:
Resolution
Passed
File created:
In control:
7/26/2022
Clerk of the Board
On agenda:
Final action:
10/28/2022
Enactment date:
10/28/2022
426-22
Enactment #:
Title:
Resolution approving Amendment No. 4 to the Terminal 2 Newsstands, Coffee and Specialty Store
Lease No. 10-0232, between World Duty Free Group North America, LLP, as tenant, and the City and
County of San Francisco, acting by and through its Airport Commission, for a reduction in the total
leasehold square footage of the demised premises by approximately 20% which results in a reduction
in the Minimum Annual Guarantee of $302,625 with no change to the term of May 1, 2011, through
June 30, 2023, effective upon approval of this Resolution.
Sponsors:
Attachments:
1. Leg Ver1, 2. DRAFT Amend No. 4, 3. Lease Agmt 070610, 4. Amend No. 1 120611, 5. Amend No. 2
032621, 6. Amend No. 3 121520, 7. SFO Memo 062122, 8. AIR Reso 22-0110 062122, 9. AIR Ltr
071522, 10. Form 126, 11. BLA Rpt 092122, 12. Cmte Pkt 092122, 13. Board Pkt 092722, 14. Board
Pkt 101822, 15. Form 126 Final, 16. Leg Final, 17. Agreement Final Modification No. 2
Action By
Date
Action
Result
Ver.
RECEIVED FROM DEPARTMENT
Clerk of the Board
7/13/2022
1
RECEIVED AND ASSIGNED
President
7/26/2022
1
RECOMMENDED
Budget and Finance Committee
9/21/2022
1
Pass
CONTINUED
Board of Supervisors
9/27/2022
1
Pass
ADOPTED
Board of Supervisors
10/18/2022
1
Pass
APPROVED
Mayor
10/28/2022
1