partnership brings us and that event brought us and we re very grateful to everybody. with that is there a motion. so moved. seconded. moved and second, all in favor? aye. so moved. we re on item 8, union square parking garage lease. good morning commissioners, property management for the department. the item before you is approval of the lease with the uptown garage association for the management of the union square parking garage. uptown parking garage association was formed to assist the city in building the union square and sutter stockton garages. it remits all of the revenues above expenses back to the department for use and they are managed the garage diligently for the last 60 plus years. they have been operating it under an agreement that was signed in 1999, for the past 13 years. that 1999 agreement included provisions that if certain debts that were held by uptown parking were paid off, that the the lease would be terminated and therefore, last year
good morning commissioners, property management for the department. the item before you is approval of the lease with the uptown garage association for the management of the union square parking garage. uptown parking garage association was formed to assist the city in building the union square and sutter stockton garages. it remits all of the revenues above expenses back to the department for use and they are managed the garage diligently for the last 60 plus years. they have been operating it under an agreement that was si 1999, for the past 13 years. that 1999 agreement included provisions that if certain debts that were held by uptown parking were paid off, that the the lease would be terminated and therefore, last year, you may remember we brought a short-term extension of that lease and we have negotiated for them to continue to operate the union square garage. the initial term of the lease is 10 years. it does have a two 5-year extensions. they do pay a base rent of
with that, they are hoping to or we are hoping to begin construction on nursery in january of 2014. and the commission did approve those plans and the board of supervisors has approved the plans and gifts and we re waiting to finish up the capital campaign and break ground out there early next year. since 2002, the botanical garden society has been leasing certain spaces at the county fair building from the department under a lease agreement. they have also for the last three fiscal years, administered the non-resident botanical garden for the department and they have done so under a grant agreement that the department signed with them in 2009. current lease and management agreement that is before you would bring all of these functions under one agreement between the city and our trusted partner. the initial lease term would be ten years. there would be two potential ten-year extensions. the use the permitted uses would be numerous, but they would include those elements tha
good morning commissioners, property management for the department. the item before you is approval of the lease with the uptown garage association for the management of the union square parking garage. uptown parking garage association was formed to assist the city in building the union square and sutter stockton garages. it remits all of the revenues above expenses back to the department for use and they are managed the garage diligently for the last 60 plus years. they have been operating it under an agreement that was signed in 1999, for the past 13 years. that 1999 agreement included provisions that if certain debts that were held by uptown parking were paid off, that the the lease would be terminated and therefore, last year, you may remember we brought a short-term extension of that lease and we have negotiated for them to continue to operate the union square garage. the initial term of the lease is 10 years. it does have a two 5-year extensions. they do pay a base r
this was discussion only. so we re on item 11, golden gate park san francisco botanical garden lease and management agreement good morning commissioners, nick kinsey speak into the mic. sorry you are too tall for the mic. every time, nick kinsey, director of property management for the rec and park department and happy to bring before the commission today a new lease and management agreement with one of our longest and cherished partners the botanical garden society and since 1955 the botanical garden society has provided crucial support to the department as we have managed and operated a really living museum. the botanical gardens support for the garden has included building and operating the hellonen crocker library and funding the botanical garden master plan that was completed as a submaster plan to the golden gate park master plan and providing important educational programss for youth and outreach to visitors. also importantly paying for an 11th gardener each