the mag rent proposed with these two leases are the marshall group, $440,000 a year, and paradies lagardere, $700,000 a year. based on previous sales, airport staff estimates that both outlets will pay on the higher percentage rent formula. the budget analyst has reviewed the -- both leases and recommends approval, and i would be happy to answer any questions. >> supervisor fewer: i think there's a b.l.a. report on this, is this correct? thank you very much. >> yes. these leases -- these two leases are part of a package that the airport is presents. there were seven leases all together in terms of the original request for proposals. two are pending and will come before the board for approval. so the lease with marshall and the lease with paradies and marshall, they were the two highest as part of the competitive process. the rent is set at the minimum annual guarantee or a percentage rent. the airport expects to get percentage rent, but if you look at the percentage rent minimum annual guarantee on page five of our report, the leases, they're being phased in due to the construction in the t

item 20 approves the terminal 1 food beverage concession lease number four between paradies lagardere, with a $600,000 mag for the first year of the lease. item 21 approves a concession lease number five between tastes on the fly, l.l.c. and the city and approximate $310,000 mag for the first year of the lease, and item 22 approves a lease number six between soaring food group and the city for a $485,000 mag for the first year of the lease. each of these six contracts are for a ten-year term with one two-year options to extend. >> president yee: okay. colleagues, with can he take these items same house, same call? without objection, these resolutions are adopted. [ gavel ]. >> president yee: madam clerk, please call the next item. >> clerk: item 23 is a resolution to retroactively authorize the department of the environment to accept and expend a $4.5 million grant from the california air resources board and zero, near zero emissions facilities program to coordinate demonstration of medium and electric and heavy duty truck to coordinate trade in california's central valley. >> preside