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Airport seeks retroactive OK for cellular equipment leases, proposes three five‑year extensions
Summary
The San Francisco Airport asked the Budget and Finance Committee to retroactively approve four cellular equipment leases (effective 07/01/2009) and to extend three of those leases five years; staff said total rent during the original terms was about $8 million and that, with extensions, companies would pay roughly $15.875 million.
Chair Carmen Chu and airport staff asked the Budget and Finance Committee to retroactively approve four cellular service equipment site leases and to amend three of the four leases to add five‑year extensions.
Kathy Weidner of the San Francisco Airport said the leases — with Cingular, Sprint Nextel, Verizon and T‑Mobile — had originally been approved by the Airport Commission in 2009 for…
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