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Airport seeks fourth one-year extension to Smart Cart luggage-cart lease; committee recommends approval

Budget and Finance Committee, Board of Supervisors, San Francisco County · March 31, 2010

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Summary

The Budget & Finance Committee recommended the Board approve exercising the fourth of five one-year options to extend Smart Cart Inc.'s lease and operating agreement for luggage carts at the airport, keeping current financial terms including a $570,615 minimum annual guarantee payable to the airport and an estimated $1.8 million the airport pays to Smart Cart for free carts in customs area.

Cathy Widener, representing the Airport, asked the committee to approve the fourth of five one-year options to extend the airport's lease and operating agreement with Smart Cart Inc. for luggage-cart rental and operation in San Francisco's domestic and international…

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