Good morning, everyone, and welcome to the San Francisco board of supervisors budget and finance Committee Meeting for wednesday, february 13th, 2013. My name is supervisor mark farrell, i am the chair of this committee. We are joined by supervisor eric mar, vicechair, and supervisor john avalos. I would like to thank the sfgtv members covering this meeting, marks bunch and michael freeman, and the clerk of the board mr. Victor young. Mr. Clerk, do we have any announcements . Yes. Please turnoff all phones and electronic devices. Completed speaker cards and copies of any documents to be included as part of the file should be submitted to the clerk. Items acted upon today will appear on the february 26th, 2013 board of supervisors agenda unless otherwise stated. Thank you very much, mr. Clerk. We are going to call two items out of order. First items number 4 and 5, mr. Eries kin has other commitments elsewhere. So, thank you for being here. Can we please call item number 4, first . Item
Was to maintain the vitality of these shopping district, neighborhood district, and that commitment still stands today with the nonprofit board that i serve under, ive been privileged to serve under because they really are committed to bettering the community for which these garages are residing in. And one example i wanted to give you as far as really trying to quantify the knowledge and experience and commitment, retail [speaker not understood]. Im happy to say were fully occupied and theres no vacancies at the Sutter Stockton garage currently with about 11 retail spaces. We conducted the last three retail leases with no brokers fees. We were with the experience of our nonprofit board. We continue to have full occupancy in our retail and thats because of their knowledge and experience in business, in the community. And i really want to urge you to approve this item. Thank you. Supervisor mar. I had a question. I know the community makeup for the Japantown Center nonprofit [speaker no
Out of order. First items number 4 and 5, mr. Eries kin has other commitments elsewhere. So, thank you for being here. Can we please call item number 4, first . Item number 4, resolution approving a Lease Agreement between the city and county of San Francisco and the city of San Francisco Japan Center Garage corporation for the japan Center Public parking garage, for an annual base rent of 1 plus surplus, with an initial term of 10 years with two 5year options. Item number 5, resolution approving a Lease Agreement between the city and county of San Francisco and the city of San Francisco uptown Parking Corporation for the Sutter Stockton Public Parking garage, for an annual base rent of 1 plus surplus, with an initial term of 10 years with two fiveyear options. Thank you very much. Mr. Reiskin, thank you for being here. Thank you, mr. Chair. Members. Thank you for accommodating the agenda adjustment. So, before you are two proposed leases with two different Nonprofit Corporations for t
Yes. Please turnoff all phones and electronic devices. Completed speaker cards and copies of any documents to be included as part of the file should be submitted to the clerk. Items acted upon today will appear on the february 26th, 2013 board of supervisors agenda unless otherwise stated. Thank you very much, mr. Clerk. We are going to call two items out of order. First items number 4 and 5, mr. Eries kin has other commitments elsewhere. So, thank you for being here. Can we please call item number 4, first . Item number 4, resolution approving a Lease Agreement between the city and county of San Francisco and the city of San Francisco Japan Center Garage corporation for the japan Center Public parking garage, for an annual base rent of 1 plus surplus, with an initial term of 10 years with two 5year options. Item number 5, resolution approving a Lease Agreement between the city and county of San Francisco and the city of San Francisco uptown Parking Corporation for the Sutter Stockton
Thank you very much, mr. Clerk. We are going to call two items out of order. First items number 4 and 5, mr. Eries kin has other commitments elsewhere. So, thank you for being here. Can we please call item number 4, first . Item number 4, resolution approving a Lease Agreement between the city and county of San Francisco and the city of San Francisco Japan Center Garage corporation for the japan Center Public parking garage, for an annual base rent of 1 plus surplus, with an initial term of 10 years with two 5year options. Item number 5, resolution approving a Lease Agreement between the city and county of San Francisco and the city of San Francisco uptown Parking Corporation for the Sutter Stockton Public Parking garage, for an annual base rent of 1 plus surplus, with an initial term of 10 years with two fiveyear options. Thank you very much. Mr. Reiskin, thank you for being here. Thank you, mr. Chair. Members. Thank you for accommodating the agenda adjustment. So, before you are two