Shipyard Operation News Today

Going the way they had planned or projected, [speaker not understood] they want an opportunity to help out. When the fifth amendment to the current lease was entered into in 2007, bae was not given the option to be able to [speaker not understood] not until january this year. So, that was a six and a quarter year from when that provision was provided. So, were carrying forward the same term into the new lease because the new lease is going to be for 20 years. So, we are including an option, new ...

Not understood]. And the other is the aging of the drydock. In looking at this lease and renewing it, we do take although factors in consideration in terms of the detail lease term that i will be going to in a minute. Here is a picture of the drydock number 2 which is [speaker not understood] capacity. This is the ship repair, another ship mentioned on drydock number 2. In starting to look at this lease, because current lease, bae currently has a lease with us that will be expiring in 2017 and i...

Couple of issues with respect to the [speaker not understood] in term of recouping the [speaker not understood] that the port made into it. Currently we are charging there is a surcharge of 4 cents per square foot that bae is supposed to [speaker not understood] through sfpuc to pass through to the port within the utilization of the [speaker not understood] system is not optimum so we are looking for an opportunity to enhance that so that the city so that the port could recoup reinvest. There is...

Of Gross Revenue in the table and the staff report, you will see an indication that the base rent, the net rent to the port are the same under the current lease and the new lease. However, [speaker not understood] a higher minimum base rent to the port over the term of the lease. Where i indicated earlier, there is going to be a new yearly termination of the lease by the tenant. We want the tenant to be able to stay there for a minimum of ten years. At the edv of that ten years they have to prov...

Tenants often require in the lease to say if things are not going the way they had planned or projected, [speaker not understood] they want an opportunity to help out. When the fifth amendment to the current lease was entered into in 2007, bae was not given the option to be able to [speaker not understood] not until january this year. So, that was a six and a quarter year from when that provision was provided. So were carrying forward the same term into the new lease because the new lease is goi...

Lewis lease so gene in the last year of his life his life is in decline making sure so struck much or up a relationship with gene and making sure so wanted to go see gene and visit with him he asked me it was his schedule he wanted to do it during the lunchtime within an hour so he asked me to drive him so he could spend time with gene salty had the opportunity to visit with gene probably a halfdozen times and learned a lot from gene and the sight and the Shipyard Operation and why it come out t...

Just removing the second condition in regards to a periodic check in to the arc. And commissioner pearlman you are okay with that . As the seconder . Yes. Okay. Commissioners if there is nothing further, then there is a motion and a second on the floor. To approve with conditions, adding to condition number three, that the lobby windows included in the list of features on that motion . Commissioner hylan . Yes. Johns. Yes. Johnck. Yes. Matsuda. Yes. Pearlman yes. Wolfram. Yes. Hasz. Yes. That pa...

Eleven, for case number 2013. 1007u David Beaupre 4152740539 pier 70 crane cove park, located at pier 70, assessors block 9900, lots 068. Informational presentation. Good afternoon, commissioners. If i can get a motion. Motion. And a second. Okay. Second. I am sorry i did not hear the motion. They recuse commissioner hylan. Okay. And commissioner matsuda you are making the motion . And commissioner wolfram is seconding. On the motion to recuse hylan. Yes. Johns. Yes. Johnck. Yes. Pearlman yes. W...

Three, that the lobby windows included in the list of features on that motion . Commissioner hylan . Yes. Johns. Yes. Johnck. Yes. Matsuda. Yes. Pearlman yes. Wolfram. Yes. Hasz. Yes. That passes 7 to 0. And in places you on item eleven, for case number 2013. 1007u David Beaupre 4152740539 pier 70 crane cove park, located at pier 70, assessors block 9900, lots 068. Informational presentation. Good afternoon, commissioners. If i can get a motion. Motion. And a second. Okay. Second. I am sorry i d...

Condition in regards to a periodic check in to the arc. And commissioner pearlman you are okay with that . As the seconder . Yes. Okay. Commissioners if there is nothing further, then there is a motion and a second on the floor. To approve with conditions, adding to condition number three, that the lobby windows included in the list of features on that motion . Commissioner hylan . Yes. Johns. Yes. Johnck. Yes. Matsuda. Yes. Pearlman yes. Wolfram. Yes. Hasz. Yes. That passes 7 to 0. And in place...