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180093

Resolution approving a Lease Agreement between the Port and China Basin Ballpark Company, LLC (“CBBC”) for Pier 48; with a Base Rent of $55,416.47 per month from April through September and $2,916.67 per month from October through March, in recognition of increased parking demand by ballpark patrons during the baseball season, with 66% of gross revenues for all parking operations less parking taxes and authorized, substantiated extraordinary expenses, as further defined in the Lease, to be paid by CBBC, for a ten-year term to commence following approval by the Board and the Mayor, for the proposed Mission Rock Project; and adopting findings under the California Environmental Quality Act.

Resolution Passed Introduced January 23, 2018

What this record is

Held by
Port and China Basin Ballpark Company, LLC
Amount
$55K
Runs until
January 23, 2028 1 years away calculated from the contract term stated in the record
Type
contract
Field
Real estate

See everything else expiring in this field →

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Clerk of the Board
Introduced
January 23, 2018
Passed
February 23, 2018
Enacted
February 23, 2018
Enactment no.
043-18