File #: 25-260    Version: 1 Name:
Type: Resolutions Status: Agenda Ready
File created: 2/17/2025 In control: City Council
On agenda: 3/4/2025 Final action:
Title: A Resolution that the City Manager, or designee, be authorized to sign a Concession License Agreement between the City of El Paso ("City") and Ready Credit Corporation ("Concessionaire") to allow Concessionaire to operate automated retail machines at the El Paso International Airport, with Concessionaire's payment to the City being the greater of an amount based on the square footage of the concession site or a percentage of the revenues derived from the automated retail machines, for a one year term, with an option to renew the Agreement for three (3) additional one-year terms.
Attachments: 1. Concession License Agreement - Ready Credit Corporation, 2. CC 4 - Ready Credit Corporation
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CITY OF EL PASO, TEXAS

LEGISTAR AGENDA ITEM SUMMARY FORM

 

 

DISTRICT, DEPARTMENT, CONTACT INFORMATIOn:

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Details

District 3

Airport, Tony Nevarez, (915) 212-7301

Airport, Debbie Olivas, (915) 212-7337

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AGENDA LANGUAGE:

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Title

A Resolution that the City Manager, or designee, be authorized to sign a Concession License Agreement between the City of El Paso (“City”) and Ready Credit Corporation (“Concessionaire”) to allow Concessionaire to operate automated retail machines at the El Paso International Airport, with Concessionaire’s payment to the City being the greater of an amount based on the square footage of the concession site or a percentage of the revenues derived from the automated retail machines, for a one year term, with an option to renew the Agreement for three (3) additional one-year terms.

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