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Airport signs ATM leases with Wells Fargo and JPMorgan; surcharge cap set at $1.50
Summary
The subcommittee forwarded two competitive‑bid leases for ATM operations at SFO domestic terminals and the rental car center (Wells Fargo and JPMorgan Chase). Staff estimates roughly $1 million in first‑year rent under minimum guarantees and said the airport capped customer surcharges at $1.50.
The Budget & Finance Subcommittee on May 11 forwarded to the full Board two resolutions awarding ATM leases in San Francisco International Airport—s domestic terminals to Wells Fargo Bank and JPMorgan Chase Bank.
Kathy Widener of the airport said the two leases resulted from a competitive bid and will operate a total of 22 ATMs…
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