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Subcommittee advances five-year cargo lease renewal with Asiana Airlines at SFO

Budget and Finance Subcommittee · April 27, 2011
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Summary

The Budget & Finance Subcommittee voted without objection to forward a five-year renewal of Asiana Airlines—9 cargo lease for Building 648 at San Francisco International Airport; the lease sets a reduced rate of $21.40 per square foot for 39,678 sq. ft., lowering annual rent by about $94,000.

The Budget & Finance Subcommittee on May 4 advanced a resolution recommending the mayor and Board of Supervisors approve a five-year renewal of Asiana Airlines—9 cargo lease at San Francisco International Airport.

Chair Carmen Chu called the item and Kathy Weiner, the airport representative, told the committee the proposed lease (listed in the packet as lease number…

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