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
- April 29, 2032 6 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
- Field
- Real estate
real estate contracts in CO that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
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
Where it was heard
City Council Mayor-Council Business, Arts, Workforce, Climate & Aviation Services CommitteeWatch what Denver buys
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