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.
What this record is
- Amount
- $55K
- Runs until
- January 23, 2028 1 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
- Field
- Real estate
real estate contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
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
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