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180639

Resolution authorizing the lease of property from the City and County of San Francisco, to MP Shoreline Associates Limited Partnership and MP Shorebreeze Associates, L.P., each a California limited partnership, for a term of approximately 60 years, with the base rent of $100,874 per year with an increase every five years in predetermined increments, and with a 3% annual inflation factor, to commence following Board approval; and authorizing the Director of Property and/or the San Francisco Public Utilities Commission General Manager to execute documents, make certain modifications, and take certain actions in furtherance of this Resolution, as defined herein.

Resolution Passed Introduced June 19, 2018
Committee
Clerk of the Board
Requested by
Public Utilities Commission
Introduced
June 19, 2018
On agenda
June 19, 2018
Passed
August 2, 2018
Enacted
August 2, 2018
Enactment no.
260-18

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