Approve lease amendment increasing Alcatraz Cruise rent by $120,000 annually

Terminal 1 & the PortContractsContract

$120,000 increase

In Plain English

Alcatraz Cruise currently pays $60,000 per year to lease Basin 4 at Point Potrero Marine Terminal. If approved, their annual rent increases to $180,000. The city receives this rent revenue for marina operations and waterfront maintenance.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

7 to 0

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