Title
a. Approve and authorize the Contracts/Purchasing Officer to execute a Facility Lease Agreement based on the selection criteria set forth in RFP#10601, with PFD Management Inc. ("LESSEE") for Jo's cafe a Food Service located at 142 West Alisal Street, Salinas, for the initial term of two (2) years, commencing on August 29, 2018 at 12:01 a.m. and terminating on August 29, 2020 at 11:59 p.m., for a guaranteed annual minimum lease amount of $8,000, plus a monthly three (3%) percent commission based on Concessionaire's annual gross sales revenue ("Gross Revenue") over One Hundred Ninety-Two Thousand Dollars ($192,000) for Cafeteria, Internal Catering and other Sales and Services associated with the facility, plus a flat fee of Five-Hundred ($500) Dollars for each outside catering event supported through the use of the facility; and
b. Authorize the Contracts/Purchasing Officer to exercise the option to extend the Facility Lease Agreement for eight (8) additional one-year (1) year terms (each a "Renewal Term") at a rate to be negotiated by the parties. Such renewal shall be in the form of a written Amendment to the Agreement at least thirty (30) days prior to the expiration of the then-current term.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Approve and authorize the Contracts/Purchasing Officer to execute a Facility Lease Agreement based on the selection criteria set forth in RFP#10601, with PFD Management Inc. ("LESSEE") for Jo's cafe a Food Service located at 142 West Alisal Street, Salinas, for the initial term of two (2) years, commencing on August 29, 2018 at 12:01a.m. and terminating on August 29, 2020 at 11:59p.m., for a guaranteed annual minimum lease amount of $8,000, plus a monthly three (3%) percent commission based on Concessionaire's annual gross sales revenue ("Gross Revenue") over One Hundred Ninety-Two Thousand Dollars ($192,000) for Cafeteria, Internal Catering and other Sales and Services associated with the f...
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