And michael lat teen here hi. Stand up i cant see you. Hi did you bring me samples . [laughter]. Okay. Just on a final note and ill make it very brief. Bows stood out as a brand name the other restaurant but bows is something a little more special and so in ever area the proposal, the scoring the interview, they came out on top. My brother lives there and so i have already been hearing good things. Okay all in favor . Aye resident luxe 125 has been approved. Item ten a presentation and decide on the port of San Francisco blue green way project good answering commissioners david with planning and development and i am to take this opportunity to give the commission and the public an update on a variety of blue green way project and this is a project to complete the water trail from San Francisco Mission Creek on the north to the county line on the south its a project that has been led by the port but includes many region state and regional agencies currently we have seven project in the
Extension to make it a seven year term and so if this is approved they would have a seven year term to recoup the investment that they would like too make and we have site the port Retail Investment policy under your staffing report under which you can make an exception to the bidding retail leasing opportunities under the following conditions the tenants is in Good Standing so bow dean is [spelling . ] so they have consistently reporting their obligations in a timely manner and reporting all of their duties under the lead and there has been no issue with them in terms of least obligation they have a Good Community partner. Number 210 inapt is committed to making a significant invest in the leasehold which will benefit of the port. Well we have seen that happen before and they are doing the same a 350,000 investment we consider that significant. They are taking an under utilized piece of the if you look at it, its an octogon so we have h i ask so eight sides and this they are taking th
Retail leasing port policy that allows us to proceed on this and so im hear here to request the approval of the First Amendment as read by the commissioner secretary. This is for an extension of the andre bow din least [spelling . ] located in the octogon building there in fishermans whof and they are offering to extend it in exchange for Capital Improvements and return 50,000 per year com additional renne and improve the Visitor Experience at the who have and take advantage of the new plaza that we just completed and pier prom iniad and [spelling . ] and they are essential to the positive experience of the whof is the improving of the bathrooms and the background of least in december 2010 the port staff came to the commission to request approval for a sevenyear least with andre bow dean backto renovate the octogon building and that was approved here by the commission and then they proceeded ahead and invested over 350,000 into that facility and really improving the functionality of it
Maintain imported soil and plants with the upland area and the earn portion of sea wall at pier 53. Can i have a motion to approve the consent items. Motion comment. Seeing none, all in favor . Aye resolution 1292 and 12 knee have been a moved. Item nine a First Amendment too leafs one 48 one four with a California Corporation operating an indoor out door casual dining restaurant located at Taylor Street through december 2019. Good afternoon commission nears Senior Property manager ill like to describe to you what im asking your approval for, give you a brief overview and tell you about the benefit associated with this and give you a brief background and then talk a little bit about the port retail leasing port policy that allows us to proceed on this and so im hear here to request the approval of the First Amendment as read by the commissioner secretary. This is for an extension of the andre bow din least [spelling . ] located in the octogon building there in fishermans whof and they
Their duties under the lead and there has been no issue with them in terms of least obligation they have a Good Community partner. Number 210 inapt is committed to making a significant invest in the leasehold which will benefit of the port. Well we have seen that happen before and they are doing the same a 350,000 investment we consider that significant. They are taking an under utilized piece of the if you look at it, its an octogon so we have h i ask so eight sides and this they are taking the least used sign and put it in a new dinings and Beverage Service and so we think that is significant and there will be for that, then there is going to be generating roughly 350,000 of additional revenue to the port. So 350,000 investment and 350,000 potential return and no rent credit or rent abatement is being offend. So, number three, the benefits of the direct negotiations out weight the Competitive Bidding well we think there are significant Public Benefit to this so we are improving our v