Minimum guarantee, and of 52,176 and recommend that you approve the proposed resolution as amended. Thank you, mr. Rose, seeing no comments, we will move on to Public Comment and anybody wishing to comment on item fine . Anybody else wish to comment on item nine . Seeing none, Public Comment is closed. Okay. We have a budget analyst recommendation. So a motion, to accept the recommendation and move forward. We can take that motion without objection. Madam clerk, could you call item ten . Resolution approving the acquisition of 28 avigation easements from various Property Owners in San Mateo County required for the San Francisco International Airports Noise Insulation Program project ; adopting findings that the project is categorically exempt from Environmental Review under the California Environmental quality act class 1 existing facilities; adopting findings that the acquisition is consistent with the general plan, and the eight priority policies of planning code, section 101. 1; and
Guarantee of 52,896 a year or a percentage of revenue based rent whichever is greater, the Lease Agreement with green beans is the result of a competitive request for the proposal process for the 1087 feet for the retail coffee shops and the concession at the airport. And during the budget Analyst Report, we did realize that we incorrectly stated the mag amount in the resolution, and we will agree with the budget analyst recommendation to amend the legislation to correct the resolution, to reflect the resolution and the correct amount of 52,176,000, which is over the term of the lease and i will amend the resolution, and should you agree and get that to the clerk, this afternoon. Okay. Thank you very much. Any questions . Could you do your report, please . Mr. Chairman and supervisor avalos on page 25 of the report we report that the subject lease as she just indicated will generate the minimum annual revenues by the green beans to the airport, over the next ten years. And that exclude
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Lease agreement with green beans is the result of a competitive request for the proposal process for the 1087 feet for the retail coffee shops and the concession at the airport. And during the budget Analyst Report, we did realize that we incorrectly stated the mag amount in the resolution, and we will agree with the budget analyst recommendation to amend the legislation to correct the resolution, to reflect the resolution and the correct amount of 52,176,000, which is over the term of the lease and i will amend the resolution, and should you agree and get that to the clerk, this afternoon. Okay. Thank you very much. Any questions . Could you do your report, please . Mr. Chairman and supervisor avalos on page 25 of the report we report that the subject lease as she just indicated will generate the minimum annual revenues by the green beans to the airport, over the next ten years. And that excludes annual cpi adjustments we recommend that you amend the proposed res lacing to state the c
Cathy with the San Francisco airport and the item before you seeks the approval of a new ten year lease in terminal one with green beans coffee and sfo group doing business as green beans coffee and the proposed lease carries a rent payment to the airport of a minimum annual guarantee of 52,896 a year or a percentage of revenue based rent whichever is greater, the Lease Agreement with green beans is the result of a competitive request for the proposal process for the 1087 feet for the retail coffee shops and the concession at the airport. And during the budget Analyst Report, we did realize that we incorrectly stated the mag amount in the resolution, and we will agree with the budget analyst recommendation to amend the legislation to correct the resolution, to reflect the resolution and the correct amount of 52,176,000, which is over the term of the lease and i will amend the resolution, and should you agree and get that to the clerk, this afternoon. Okay. Thank you very much. Any ques