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Committee forwards SFO Ghirardelli concession lease to full board
Summary
A Supervisors committee reviewed a five-year lease with Pacific Gateway Concessions to operate a Ghirardelli candy store and two kiosks in Terminal 3 boarding area F and, after a brief discussion and a budget-analyst recommendation, voted to forward the measure to the full Board of Supervisors with a favorable recommendation.
San FranciscoAirport staff told a Board of Supervisors committee they seek approval of a five-year lease with Pacific Gateway Concessions LLC to operate a Ghirardelli-branded candy store and two kiosks in Terminal 3, boarding area F. Kathy Weidner of San Francisco Airport said the lease resulted from an RFP that produced two proposals; one proposer was found non-responsive for failing to include a required proposal bond, leaving a single qualified bid.
Weidner said the proposed contract covers three locations and sets the airportrent requirement as either a $625,000 minimum annual guarantee or a percentage rent formula based on gross revenues, whichever is greater. "The airport is here seeking your approval of a new lease with Pacific Gateway concessions to operate a Ghirardelli brand candy store and 2 kiosks in Terminal 3 of the airport, boarding area f," Weidner said.
Committee members noted the item was competitively bid and that the new arrangement represents higher rent than under prior terms. The budget analyst, Mr. Rose, told the committee he recommended approval. With no public comment, and no objection from committee members, Chair Supervisor Aaron Peskin moved to forward the item to the full Board of Supervisors with a recommendation.
The committee did not take a final Board vote; the lease will return to the full Board for final action.
