Meeting Time: September 28, 2023 at 9:00am PDT
The online Comment window has expired

Agenda Item

1.-B. ID 23-1375 Actions related to the Food & Beverage Concession Agreement with SSP America, Inc. dba SSP America FAT, LLC, at Fresno Yosemite International Airport (FAT). (Council District 4) 1. Adopt a finding of Categorical Exemption pursuant to Section 15301 (Existing Facilities) of the California Environmental Quality Act Guidelines; and 2. Approve a Food & Beverage Concessions Agreement (Agreement) with SSP America, Inc., dba SSP America FAT, LLC., for Food & Beverage Concessions at Fresno Yosemite International Airport for the term of fifteen (15) years. The amount of potential revenue generated by this Agreement is $816,436 annually, this includes $450,586 from percentage sales and $365,850 from space rent. Total anticipated revenue during the full term of the Agreement is approximately $12,246,540 plus annual CPI adjustments for space rent.