Approve 20-year lease with Golden Solar Power Group for Point Potrero warehouse

Environmental JusticeContracts

In Plain English

The city owns a warehouse at Point Potrero Marine Terminal that currently generates no revenue. Golden Solar Power Group wants to lease the building for solar equipment operations. If approved, the city receives $4.9 million in rental income over 20 years, or about $245,000 annually.

Auto-generated summary. Source: official agenda documents.

Votes

Overrule Mayor McLaughlin's decision to continue Item F-8 to December 17, 2013, and continue Item F-8 to January 14, 2014

Moved by: Councilmember Bates
Passed

4 to 3

BoozéAye
BatesAye
MyrickAye
ButtNay
McLaughlinNay
BecklesNay
RogersAye

End discussion

Moved by: Vice Mayor BoozéSeconded by: Councilmember Bates
Passed

4 to 3

BoozéAye
BatesAye
MyrickNay
ButtAye
McLaughlinNay
BecklesAye
RogersNay