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Budget & Finance Committee forwards multiple real‑estate items to full Board, including airport pharmacy and lease terminations

San Francisco City and County, Board of Supervisors Budget and Finance Committee · September 17, 2008
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Summary

The committee voted to forward several property-related items to the full Board of Supervisors, including an extension of the Treasure Island cooperative agreement, DHS lease renewals, an airport pharmacy lease at Terminal 3, and a CPMC lease-termination deal at 1 South Van Ness. No formal recorded roll-call votes were taken; items were advanced "without objection."

The San Francisco Board of Supervisors Budget & Finance Committee on an administrative vote moved a package of property and lease items to the full Board for final action.

Chair Supervisor Jake McGoldrick opened the session and, after brief presentations, the committee advanced four docketed items without recorded roll-call votes. Item 1 was introduced as a resolution authorizing the Treasure Island Development Authority to extend its cooperative agreement with the U.S. Navy by one year, from 10/01/2008 to 09/30/2009; staff from the development authority were not present and the item was sent forward for the full Board’s consideration.

Item 2, two Department of Human Services leases at 3120 Mission and 34255 Cesar Chavez, drew programmatic testimony that the Mission site supports workforce One‑Stop services funded in part through Workforce Investment Act (WIA) and CalWORKs funds. Committee materials and staff said the consolidated lease would reduce monthly rent in the first year by about $5,659 (roughly 5.5%). The committee voted to "forward with recommendation."

The airport presented Item 4, a lease for Harmony Pharmacy and Health Center at Terminal 3 with a minimum annual guarantee of $240,000 and a tiered rent structure tied to gross receipts. Airport staff said the concept mirrors a successful retail/pharmacy arrangement at JFK and reflects passenger demand; a public commenter gave a brief, supportive statement.

Item 5 concerned a lease termination agreement with California Pacific Medical Center (CPMC) for two floors at 1 South Van Ness. Real‑estate staff said the city will accept in‑kind infrastructure (for example, CAT‑6 cabling and furnishings) in lieu of some cash rent; the budget report notes a valuation difference of roughly $206,000 in favor of the city. Committee members approved an amendment recommended by the budget analyst and forwarded the amended item to the full Board.

Throughout the session, items advanced by unanimous or unopposed consent rather than by recorded roll call. The committee chair closed public comment on the discussed items and sent them to the full Board for final action.

Next steps: The full Board will consider these items at a future hearing where recorded votes and any additional amendments could be taken.