i know severin campbell is here from the budget and legislative analyst's office to answer any questions, but with your approval, i would like to send this with a positive recommendation to the full board. >> okay. thank you. we'll open it up to public comment on this item. seeing none, public comment is now closed. [ gavel ]. >> colleagues, can we move this item to the full board? >> supervisor peskin: so moved. >> and we'll do that without objection. [ gavel ]. >> mr. clerk, can you call the next item. [agenda item read] >> thank y . >> supervisor kim: thank you so much, mr. clerk. we have chris corgis to present before us. i just want to recognize the members of the steering committee for their tenacity and active involvement in working towards reaching the 30% threshold in order to move forward with the special election. in particular, i want to recognize our cheer, james spinell -- chair, james spinello for doing significant outreach. i want to recognize the other members, as well as other parties that were involved. this community benefit district really is based on years of work t

severin campbell. just to repeat, these were six leases selected for term al one concession leases. we summarize the lease terms in table 2, page 29 of the report. each lease has minimum guaranteed rent. the initial term is for ten years with options to renew for additional two years. we estimate base revenue for the airport over the initial 10-year term would be $22.8 million. if the two-year option to extend is added in, it would about $27.8 million, but there is an expectation these leases would get percentage rent rather than the minimum annual guarantee. we recommend approval of all six. >> president cohen: thank you very much. we appreciate the recommendation. any member of the public who would like to comment on items 9 through 14? seeing none, public comments is closed. make a motion to send this to the full board. without recommendation. positive recommendation, unanimous. omar cortez, are you here? i'd like to take 15-17. is the sponsor here for 15-17? seeing none, we'll go back to 1. >> resolution authorizing the direct tefr of the property to exercise a lease extension a

. >> severin campbell from the budget analyst's office. i would like to point out about 29 million of this will go to streetscapes projects under the purview of the department of work public's. we spell that out in our report, and we'd recommend approval. >> president cohen: all right. colleagues, let's go to public comment on items 1 and 2. if there's any member of the public that would like to comment on items 1 and 2, please step forward. you'll hear a soft chamber which sates you have 30 seconds left, and then, a louder chime which indicates the end of your time. hearing none, public comment is closed. can we take that without objection? golf golf. >> president cohen: item is forwarded to the board of supervisors with a positive recommendation. madam clerk, please read item [agenda item read] >> president cohen: i would like to continue this one week. i'll open public comment for this. seeing none, public comment is closed. goefl goe [ gavel ]. >> president cohen: item number 4, please. [agenda item read] >> president cohen: excellent.