HomeMy WebLinkAboutM1982-0197 - 06/23/1982• •
MOTIONS - 6/23/82
6. Bids be received July 23, 1982 for the Airport Advertising Concession.
The present agreement is on an annual basis with a minimum guarantee
of $2,000 per year. Anticipated revenues of $15,000 are projected for
fiscal year 1981 -82. Under a new agreement which should be for a
5 -year term, a $20,000 per year minimum guarantee or 50% of gross,
whichever is greater, is expected. Present agreement, which expires
October 31, 1982, requires 90 -day written notice of cancellation prior
to anniversary date. (See staff memo #B)
M82 -0197 sl�Ij10