CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
Petitioner:
James C. Chrisley, Director of Aviation
Recommendation:
title
Authorize the Director of Aviation to sign the Concession Lease Agreement between Clark County and Interluxe, LLC (Ramon Torres, President); or take other action as appropriate. (For possible action)
body
FISCAL IMPACT:
Fund #:
5201.701
Fund Name:
LAS Unrestricted Operations
Fund Center:
2200400050
Funded PGM/Grant:
N/A
Amount:
County will continue to receive 15% of gross revenue from the sale of tobacco/accessories and 17% of gross revenue from retail sales, or Minimum Annual Guarantee (MAG), whichever is greater.
Description:
Concession Lease Agreement for Interluxe, LLC
Additional Comments:
BACKGROUND:
The Clark County Department of Aviation (DOA) has an existing Concession Agreement (Agreement) with Interluxe, LLC (Company) for the operation of two retail units selling tobacco products, accessories, and race team apparel, at Terminal 1 and Terminal 3, and is now seeking approval of a new Agreement with Company.The important provisions are as follows: - Term is for seven years with an option for an additional three years by mutual consent. - New Security Deposit. - Company will pay 15% for tobacco products and accessories and 17% for general retail apparel and accessories or a MAG of $9,822.47, whichever is greater. This Agreement has been reviewed and approved as to form by the District Attorney's Office. Company currently holds a Clark County Business License.