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Port Commission approves rent schedule changes and three leases, and ratifies consent agenda resolutions
Summary
Commission approved the FY2012–13 rental-rate schedule (Resolution 1252), authorized leases including Ammunition LLC (L15150) and IDEO, and passed consent-calendar resolutions for park and trail projects; the commission also unanimously approved a closed-session settlement.
The Port Commission voted to approve a set of administrative and leasing items, including changes to the fiscal-year 2012–13 rental-rate schedule and the authorization of several leases.
Geoffrey Bower, the port’s leasing manager, presented the proposed rental-rate schedule and market data supporting adjustments for select bulkheaded office buildings, warehouse and land rates, and an increase in floor-covering fees from $3.50 to…
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