Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Airport Leases topic
No spam. Unsubscribe anytime.
Budget Committee Continues Airport Lease Resolutions to Call of Chair
Summary
The Budget and Finance Committee continued two San Francisco International Airport lease-and-use resolutions (items 5 and 6) to the call of the chair after noting staff absence and planned questions about operations reserves and capital costs; public comment included support for the measures.
Supervisor Connie Chan, chair of the San Francisco Board of Supervisors Budget and Finance Committee, moved May 3 to continue two resolutions (items 5 and 6) concerning 10-year lease-and-use agreements at San Francisco International Airport to the call of the chair.
The clerk described the resolutions as approving lease and use agreements between the city and airport tenants (29 airlines in item 5; 11 airlines in item 6) for a term of July 1, 2023, through June 30, 2033, and affirming the Planning Department’s determination under CEQA. The resolutions also authorize the airport director to enter into lease modifications that do not materially increase obligations or liabilities.
Chan said Kevin Kung, managing director of finance and acting airport controller, could not attend and flagged questions about the airport’s roughly $800,000,000 operations reserve and planned capital improvements. Because of those outstanding questions, she moved to continue both items to the chair’s call so staff can respond.
During public comment, David Pilpel told the committee he continues to support the resolutions and welcomed a later hearing with fuller answers. The committee voted and recorded three "aye" votes; the motion to continue both items passed.
With continuance to the call of the chair, both resolutions will return to the Budget and Finance Committee once airport finance staff and other presenters can address outstanding questions and provide requested budget and capital-detail materials.
