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Committee forwards WAPA contract and recommends lease renewal for TSA at SFO
Summary
The Budget & Finance Committee forwarded an amendment to the WAPA power contract for Treasure Island to the full Board with recommendation and recommended approval of a TSA office‑space lease renewal at SFO; the TSA lease will increase annual rent to about $990,000.
The Budget & Finance Committee addressed two relatively brief items on Nov. 14. For Item 1, committee members reviewed an ordinance to amend the City’s contract with the U.S. Western Area Power Administration (WAPA) to provide low‑cost electricity to Treasure Island and nearby Balboa/Yerba Buena areas. Staff noted the amendment extends a prior agreement to 2015 and referenced a prior Board approval in February 2004. A Budget Analyst reported a five‑year estimated fiscal impact of roughly $2,120,000; the committee heard no public comment and forwarded the item to the full Board with recommendation.
For Item 2, Kathy Weidner of San Francisco International Airport requested approval of a lease renewal with the Transportation Security Administration for approximately 7,200 square feet of office space in the international terminal. Weidner said annual rent for the extension would be approximately $990,000 — a roughly 37 percent increase from the current lease — and noted two parking spaces were included although federal policy generally prohibits agencies from paying for parking. The department and the budget analyst recommended approval and the committee indicated a forwarding recommendation.
Both items will be considered by the full Board of Supervisors in their normal calendaring.
