...Title
Amendment to the Airport Concession Agreement 10467-CA-12 and 10612-CA-17, with ALD Development Corp for Shared Use Lounge Services.
...Recommendations
(a) Approve the Fourth Amendment to the Airport Concession Agreement 10467-CA-12 between the City of San José and ALD Development, Inc. dba The Club at SJC to retroactively and temporarily increase the Gross Revenue percentage fee payable to the City from 13% to 15%, from July 1, 2019 through July 31, 2020, and revise the Joint Marketing Fund to increase the scope of service.
(b) Approve the First Amendment to the Airport Concession Agreement 10612-CA-17 between the City and ALD to temporarily increase the Gross Revenue percentage fee payable to the City from 13% to 15%, from the Commencement Date through July 31, 2020, provide for a onetime payment of $31,150 from ALD to the City, and revise the Joint Marketing Fund to increase the scope of service.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts resulting in no physical changes to the environment. (Airport)