The City and County of San Francisco Board of Supervisors approved a resolution authorizing the Director of Property to execute a new lease agreement with NPU, Inc. for the continued use of the Old United States Mint, a National Historic Landmark. The lease term is for four years with three five-year options to extend, commencing upon approval and expiring July 31, 2029. NPU, Inc. will pay participation rent equal to 10% of the gross monthly revenue generated from their use of the Old Mint. In exchange for forgiving a past due rent balance of $163,000 incurred during the COVID-19 pandemic, NPU, Inc. will undertake planned capital improvement projects on the city-owned building, valued at $491,849. The Old Mint will continue to be used for community events, music concerts, theatrical events, cultural programming, entertainment performances, consumer events, trade shows, corporate meetings, social functions, and special events. The City's long-term objective is to fully renovate the Old Mint as a permanent cultural facility, possibly a history museum, and this lease serves as a bridge to keep the building active and well-maintained until the restoration project can proceed.