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HomeMy WebLinkAboutM1982-0092 - 04/21/19820 MOTION - 4/21/82 Proposals be received May 19, 1982, for ten year food and beverage concession at the Corpus Christi International Airport. The current lease expires July 31, 1982. The concessionaire will be required to invest a minimum of $25,000.00 - $35,000 in renovating the present restaurant /lounge facilities and $50,000.00 - $100,000.00 in refurbishing the baggage claim area, and pay an annual minimum of $20,000.00 or 8% of gross on food service and 10% gross on liquor sales, whichever is the greater. All improvements will at the option of the City become the property of the City at the end of the initial term of agreement. (see staff memo) #9 M82 -0092 SEPIoI094