City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
240717
Name:
Real Property Lease Amendment - Golden Gate
National Parks Conservancy - Portion of Pier 31 and
33 - Establish the Amount of Unpaid Base Rent to
be Paid to the Port - $289,765.05 - Increase Original
Construction Rent Credit to $800,000
Status:
Type:
Resolution
Passed
File created:
In control:
7/2/2024
Clerk of the Board
On agenda:
Final action:
7/2/2024
8/8/2024
Enactment date:
8/8/2024
434-24
Enactment #:
Title:
Resolution approving the Second Amendment to Port Commission Lease No. L-16274 with Golden
Gate National Parks Conservancy to build and operate a public serving café and retail space within
the bulkheads and portions of the sheds of Piers 31 and 33 for a 30-year term, with two options to
extend the Lease for 10 additional years, effective upon approval of this Resolution and Port’s
execution of this Amendment; and to (i) establish the amount of unpaid base rent Conservancy will
pay to Port at $289,765.05; (ii) extend the Phase I Improvements completion date to December 31,
2025; (iii) increase the original construction rent credit from $554,000 to $800,000; (iv) provide a three
year extension of the Lease term to June 30, 2052; and (v) establish a 50% share of any excess rents
from food and beverage subtenants.
Sponsors:
Attachments:
1. Leg Ver1, 2. DRAFT Second Amend, 3. Original Agmt 121718, 4. First Amend 093019, 5. FMND
022318, 6. PRT Commission Reso No. 18-39 062118, 7. PRT Commission Reso No. 24-24 042624,
8. PRT Ltr 061924, 9. Form 126, 10. BLA Rpt 072424, 11. Cmte Pkt 072424, 12. PRT Presentation
072424, 13. Board Pkt 073024, 14. Form 126 Final, 15. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED FROM DEPARTMENT
Clerk of the Board
6/17/2024
1
RECEIVED AND ASSIGNED
President
7/2/2024
1
RECOMMENDED
Budget and Finance Committee
7/24/2024
1
Pass
ADOPTED
Board of Supervisors
7/30/2024
1
Pass
APPROVED
Mayor
8/8/2024
1