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San Francisco Board of Supervisors Budget and Finance Committee · October 3, 2012

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2:07:46

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30:00

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1:30:00

2:07:46

Call and introduction of item 6

0:15 → 1:04(50s)

Chair or presiding staff calls item 6: a resolution authorizing a long‑term lease of ~12.72 acres and ~255,000 sq ft at 2650 Bayshore Boulevard in Daly City for SFMTA towing/storage and related functions; initial annual base rent stated as $2,449,642.

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Speakers:Unidentified staff

The San Francisco Board of Supervisors Budget & Finance Committee on item 6 heard a lengthy presentation from SFMTA staff and outside brokers about a proposed 20‑year lease at 2650 Bayshore Boulevard (Daly City) for towed car operations. Supervisors expressed concern about cost relative to purchase, asked for net present value and master‑plan context, and voted to continue the item one week for additional information.

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Transcript

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