Broward County Commission Regular Meeting
Director's Name: Mark Gale
Department: Aviation Division: Business
Information
Requested Action
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MOTION TO APPROVE Fifth Amendment to First Amended and Restated Duty Free Concession Agreement between Broward County, Florida and Broward Duty Free, LLC to extend the term for one year, followed by a month-to-month extension for up to an additional one year through December 31, 2026, and allow for the sale of duty paid merchandise at Broward County's Fort Lauderdale-Hollywood International Airport; and authorize the Mayor and Clerk to execute same.
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Why Action is Necessary
In accordance with Chapter 26 of the Broward County Administrative Code, Concession Agreements require Broward County Board of County Commissioners ("Board") approval.
What Action Accomplishes
Extends the term of the First Amended and Restated Duty Free Concession Agreement ("Agreement") between Broward County, Florida ("County") and Broward Duty Free, LLC ("Duty Free") for one year, followed by a month-to-month extension for up to an additional one year through December 31, 2026, and allows the sale of duty paid merchandise at Broward County's Fort Lauderdale-Hollywood International Airport ("FLL") pursuant to the Agreement.
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Previous Action Taken
None.
Summary Explanation/Background
THE AVIATION DEPARTMENT RECOMMENDS APPROVAL OF THE ABOVE MOTION.
This action extends the term of the Agreement for one year followed by a month-to-month extension for up to an additional one year through December 31, 2026, and permits the sale of duty paid merchandise under the Agreement.
On December 3, 2013 (Item No. 30), the Board approved the Agreement providing Duty Free with the non-exclusive right to operate a duty free concession at FLL. The Agreement commenced on January 1, 2014, and is set to expire on December 31, 2024. The Agreement required a capital expenditure of no...
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