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File #: 21-00610    Version: 1 Name:
Type: Legislative Action Item Status: Passed
File created: 7/9/2021 In control: City Council
On agenda: 8/12/2021 Final action: 8/12/2021
Enactment date: Enactment #:
Title: AIRPORT - APPROVAL OF AMENDMENT NO. 4 TO THE NEWS AND GIFTS LEASE AND CONCESSION AGREEMENT
Sponsors: Grover C. Robinson, IV
Attachments: 1. News and Gifts Lease and Concession Agreement Amendment No 4

LEGISLATIVE ACTION ITEM

 

SPONSOR:                         Grover C. Robinson, IV, Mayor

 

SUBJECT:

 

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AIRPORT - APPROVAL OF AMENDMENT NO. 4 TO THE NEWS AND GIFTS LEASE AND CONCESSION AGREEMENT                     

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RECOMMENDATION:

 

recommendation

That City Council approve Amendment No. 4 to the News and Gifts Lease and Concession Agreement between the City of Pensacola and Varona-Paradies, LLC.  Further, that City Council authorize the Mayor to take all actions necessary to execute the Amendment No. 4.

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HEARING REQUIRED:  No Hearing Required

 

SUMMARY:

                                          

The City and Varona-Paradies entered into a News and Gifts Lease and Concession Agreement in February 2008 to provide full service news and gifts retail at Pensacola International Airport.  In order to accommodate the increase in passengers at the airport, Concessionaire recently divided and renovated the pre-security location in order to provide additional retail space in the post-security concourse.

 

With the increase in passenger traffic and associated sales, Concessionaire desires to lease additional storage space for his inventory.  Space is available in the terminal building and is acceptable to the Concessionaire.  This Amendment No. 4 adds approximately 103 square feet of storage space to the Agreement at a monthly rental rate identical to that charged to the non-signatory air carriers.

 

PRIOR ACTION:                     

 

December 13, 2007 - City Council awarded the News and Gifts Concession to Varona-Paradies, LLC

 

April 28, 2009 - City executed Amendment No. 1

 

June 17, 2019 - City executed Amendment No. 2

 

October 14, 2020 - City executed Amendment No. 3

 

FUNDING:                     

 

N/A

 

FINANCIAL IMPACT:

                     

Amendment No. 4 will add approximately $4,672.26 in annual non-aeronautical revenue to the Airport budget.

 

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STAFF CONTACT:

 

Keith Wilkins, City Administrator

Amy Miller, Deputy City Administrator - Administration & Enterprise

Matthew F. Coughlin, Airport Director

 

ATTACHMENTS:

 

1)                     News and Gifts Lease and Concession Agreement Amendment No 4

 

PRESENTATION:     No   end