Broward County Commission Regular Meeting
Director's Name: Mark Gale
Department: Aviation Division: Business
Information
Requested Action
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MOTION TO APPROVE Sixth Amendment to the First Amended and Restated Business Technology Service Centers Concession Agreement between Broward County and Fort Lauderdale Business and Currency Services, LLC to, among other things, extend the term of the Agreement by one year; and authorize the Mayor and Clerk to execute.
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Why Action is Necessary
In accordance with Chapter 26.4 of the Broward County Administrative Code, extensions to Concession Agreements require Broward County Board of County Commissioners ("Board") approval.
What Action Accomplishes
Approves the Sixth Amendment to the First Amended and Restated Business Technology Service Centers Concession Agreement ("Agreement") between Broward County ("County") and Fort Lauderdale Business and Currency Services, LLC ("FLBCS").
Goal Related Icon(s)
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Previous Action Taken
None.
Summary Explanation/Background
THE AVIATION DEPARTMENT RECOMMENDS APPROVAL OF THE ABOVE MOTION.
On February 27, 2018 (Item No. 65), the Board approved the Agreement for the non-exclusive right to operate a Business Technology Service Concession at the Fort Lauderdale-Hollywood International Airport ("FLL"). The Agreement commenced on April 1, 2018, with a termination date of March 31, 2023. The Agreement required a capital expenditure of no less than $200,000.
On September 29, 2020, the County Administrator, authorized by Board action on June 16, 2020 (Item No. 68), approved the First Amendment to the Agreement to waive the monthly Minimum Annual Guarantee ("MAG") portion of the Privilege Fee payments for the months of April 2020, May 2020, and June 2020, resulting in a total MAG waiver amount of $61,626. MAG relief was provided through the Coronavirus Aid, Relief, and Economic Security Act.
On September 29, 2021, the County Adm...
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