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Item C21 ' CM ounty of onroe BOARD OF COUNTY COMMISSIONERS  Mayor Heather Carruthers, District 3 Mayor Pro Tem George Neugent, District 2 TheFloridaKeys Danny L. Kolhage, District 1 David Rice, District 4 Sylvia J. Murphy, District 5 County Commission Meeting October 19, 2016 Agenda Item Number: C.21  Agenda Item Summary #2184 BULK ITEM: DEPARTMENT: Yes Airports TIME APPROXIMATE:STAFF CONTACT: Donald DeGraw (305) 809-5200 none AGENDA ITEM WORDING: Ratification of the Amended Concessions Lease with Hertz Corporation (item C-5, approved on 09/21/2016), to now include Exhibit A, which was previously not included. ITEM BACKGROUND: Hertz Corporation has been operating at the Key West International Airport since 1999. New agreement was approved by BOCC on July 20, 2016 for a term of five st years, commencing July 1, 2015 and terminating on June 30, 2020. This 1 amendment is to clarify the effective date of September 1, 2016 for payment of concession fees based on the updated definition of gross revenue as stated in the new agreement. PREVIOUS RELEVANT BOCC ACTION: The County originally entered into a Lease and Concession Agreement with Hertz Corporation on 2/21/2000 for five years commencing on 4/21/1999. On March 16, 2005 the County entered into a 10 year agreement commencing on April 20, 2004. On July 20, 2016 the County approved a five (5) year agreement commencing July 1, 2015 and expiring June 30, 2020. CONTRACT/AGREEMENT CHANGES: to include exhibit A STAFF RECOMMENDATION: Approval. DOCUMENTATION: KWIA-Hertz Lease amendment w exhibit. FINANCIAL IMPACT: Effective Date: 10/19/2016 Expiration Date: 06/30/2020 4EGOIX4K ' Total Dollar Value of Contract: n/a Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: Grant: County Match : Insurance Required: Additional Details: REVIEWED BY: Donald DeGraw Completed 09/30/2016 3:43 PM Beth Leto Completed 10/01/2016 12:40 PM Pedro Mercado Completed 10/02/2016 11:56 AM Budget and Finance Completed 10/03/2016 10:35 AM Maria Slavik Completed 10/03/2016 10:41 AM Kathy Peters Completed 10/03/2016 11:59 AM Board of County Commissioners Pending 10/19/2016 9:00 AM 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K