25-0634
A resolution approving a proposed Agreement between the City and County of Denver and Denver Sun Joint Venture utilizing the Premium Value Concession (PVC) Award Benefit to design, build, manage, and lease a Sunglass Hut concession on Concourse B at Denver International Airport. Approves a concession agreement utilizing the Premium Value Concession Award Benefit with Denver Sun Joint Venture d/b/a Sunglass Hut for the greater of either a guaranteed rent/Minimum Annual guarantee (MAG) of $70,000 or percentage rent of gross sales of 15.5% and for a term of seven years to design, build and manage a kiosk on Concourse B Center Core SW quadrant at Denver International Airport, in Council District 11 (PLANE-202371506). The last regularly scheduled Council meeting within the 30-day review period is on 6-30-2025. The Committee approved filing this item at its meeting on 5-7-2025.
What this record is
- Amount
- $70K
- Runs until
- no end date published in this record
- Type
- award
- Field
- Real estate
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Business, Arts, Workforce, Climate & Aviation Services Committee
- Requested by
- Denver International Airport
- Introduced
- April 29, 2025
- On agenda
- June 16, 2025
- Passed
- June 16, 2025