Amends a concession agreement with Mission Yogurt, LLC d/b/a Cholon, Marczyk Fine Foods, and Teatulia Tea & Coffee Bar to add two years for a new end date of 5-18-2036 due to increased costs to design and build a concession at Denver International Airport, in Council District 11 (PLANE-201951185/PLANE-202579212-01).

Summary

This item amends a concession agreement with Mission Yogurt, LLC (operating as Cholon, Marczyk Fine Foods, and Teatulia Tea & Coffee Bar) at Denver International Airport. The amendment extends the contract term by two years, setting a new end date of May 18, 2036. This extension is to account for increased costs incurred by the concessionaire in designing and building their space. The agreement is located in Council District 11. Denver International Airport is not providing additional funding, as the space was turned over as-is. The contract's Minimal Annual Guarantee remains $1,243,125 or 15% of gross revenue.

Citizen Impact

This amendment extends the operating period for Cholon, Marczyk Fine Foods, and Teatulia Tea & Coffee Bar at Denver International Airport, potentially impacting passenger services and revenue generation at the airport.

Confidence

high