Approve 20-year lease with Golden Solar Power Group for Point Potrero warehouse
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
4 to 3
End discussion
4 to 3
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