Resolution approving Lease No. L-16141 between the Port and SP Plus-Hyde Parking Joint Venture for a lease of surface parking lots in Port jurisdiction in the northern waterfront, including: a five-year term for Seawall Lot 321; a three-year term with two one-year Port options for Seawall Lots 323-324; and interim month-to-month parking at Seawall Lot 322-1, Pier 19½, and Pier 29½, such terms to commence following Board approval, with estimated total rent generated under the Lease for the first year of operations of $2,955,607.

Committee

Clerk of the Board

Requested by

Port

Introduced

February 14, 2017

On agenda

February 14, 2017

Passed

April 14, 2017

Enacted

April 14, 2017

Enactment no.

103-17