Fish company for this opportunity, they approved the selection of wood house fish company. A little bit about wood house, theyre a family owned business, those of you who sat on the Operations Committee were able to meet the family today, they have two locations in San Francisco, one on fill mer street and one on market street, theyre owned by jaim miswhos the father and his sons, dylan, roan and tyler. I wanted to walk you through the negotiated Lease Agreement with wood house. The term is for ten years with two five year options to extend, permitted use is for the operation of a restaurant at the site. The negotiated minimum annual guarantee is 110 thousand dollars and that would increase with cpi on an annual basis, the rent would be paid as the minimum annual or 10 which is 10 of gross revenues underand over10 Million Dollars, were requires a 20 thousand dollar Security Deposit and we are proposing to issue a rent credit in the amount of 160 thousand dollars to wood house and this
a silent disco and they re doing it all around the world. thank you. richard? richard fong, commissioners, i m looking at the zoo, there was a professor, terry, from florida, came over to acwc, animal control welfare commission, i would like to commend the zoo on doing a job well done on looking after tucker and the beard, it was one of those great tanya type of fundraiser. i think she s up to it again. anyway, i just wanted to bring in a few points. they actually got the filtration going for the little water hole for the hippo and the other part there that would have been broukt up by professor terry had 20 to do with the emerging the surroundings in the area, i brought the part about the there s a calmly tree, there s no rubbing tree that animals use, that was cal lea s old tree, i was hoping we could find a better resting spot for the hippo, it usually doesn t have much to do in the daytime so they have it projected out in front and they have the water hole there
the rent would be paid as the minimum annual or 10% which is 10% of gross revenues underand over10 million dollars, we re requires a 20 thousand dollar security deposit and we are proposing to issue a rent credit in the amount of 160 thousand dollars to wood house and this will help offset the proposed 260 thousand in capital improvements, i would like to take this moment to talk about a couple of issues that came up at the last meeting and that was the with the east/west designation of the marina plan, i wanted to present to you a map and this map is also in your packets, we ve received a letter from the director of the department of real estate would confirms that the marina degaussing station is ak hull in the east harbor and thus not subject to the commercial limitations of the west harbor and the department of real estate have taken the coordinates in the state statutes and plotted them on a map which you will see on the overhead. here s the marina degaussing station cir
present to you a map and this map is also in your packets, we ve received a letter from the director of the department of real estate would confirms that the marina degaussing station is ak hull in the east harbor and thus not subject to the commercial limitations of the west harbor and the department of real estate have taken the coordinates in the state statutes and plotted them on a map which you will see on the overhead. here s the marina degaussing station circled here and it s in the east harbor, i wanted to point that out in something that did come up in the last meeting. as well as the general plan referral, the department planning staff does mrao ef that this project is compliant and consistent with the city s general plan and there s a next step of approvals in this process, we were in conversations with the san francisco planning department which will give a planning referral prior to future approval for this project. hours in operation would have proposed to opera
the rent would be paid as the minimum annual or 10% which is 10% of gross revenues underand over10 million dollars, we re requires a 20 thousand dollar security deposit and we are proposing to issue a rent credit in the amount of 160 thousand dollars to wood house and this will help offset the proposed 260 thousand in capital improvements, i would like to take this moment to talk about a couple of issues that came up at the last meeting and that was the with the east/west designation of the marina plan, i wanted to present to you a map and this map is also in your packets, we ve received a letter from the director of the department of real estate would confirms that the marina degaussing station is ak hull in the east harbor and thus not subject to the commercial limitations of the west harbor and the department of real estate have taken the coordinates in the state statutes and plotted them on a map which you will see on the overhead. here s the marina degaussing station cir