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Committee recommends exercising first one-year option for Smart Cart airport lease

San Francisco Board of Supervisors Budget and Finance Committee · February 14, 2007

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

San Francisco Airport staff asked the committee to approve the first of five one-year extension options for the Smart Cart luggage-cart lease (4/1/2007–3/31/2008); the extension preserves existing financial formulas, with an estimated net not-to-exceed $2.2 million to Smart Cart and a recommended approval from the budget analyst.

Kathy Weidner of San Francisco Airport told the Budget and Finance Committee the Airport seeks to exercise the first of five one-year options to extend the Smart Cart luggage-cart lease and operating agreement through March 31, 2008. The extension preserves existing financial terms: rent to…

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