...Title
Temporary Financial Relief to Commercial Air Carriers and Amendment to Airline Lease Agreements at the Norman Y. Mineta San José International Airport.
...Recommendations
As recommended by the Rules and Open Government Committee on April 8, 2020:
Adopt a resolution authorizing the City Manager to negotiate and execute amendments to airline agreements to provide temporary financial relief to commercial passenger and cargo air carriers (“Airlines”) operating at the Airport for a period of up to six months, from April 1, 2020 through September 30, 2020, to support Airline operations that have been directly impacted by Airport passenger and cargo activity declines as a result of the COVID-19 pandemic. Financial relief for Airlines could include:
(a) deferral of applicable landing and aircraft parking fees with repayment terms subject to negotiations, with no interest or late fees; and
(b) deferral of terminal rents or other applicable minimum rent payments with repayment terms subject to negotiations, with no interest or late fees.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts resulting in no physical changes to the environment. (Airport)
[Rules Committee referral 4/8/2020 - Item A.1.a]