25-0449: A resolution approving a proposed Agreement between the City and County of Denver and MISSION YOGURT, INC. utilizing the Premium Value Concession (PVC) Award Benefit to design, build, manage, and lease a PF Chang’s concession on Concourse A at Denver International Airport. Approves a concession agreement utilizing the Premium Value Concession Award Benefit with Mission Yogurt, Inc. d/b/a PF Chang’s for a guaranteed rent/Minimum Annual Guarantee (MAG) of $792,000.00 or percentage rent of gross sales of 10% up to $1,000,000, 11% between $1,000,001-$2,000,000, 12% between $2,000,001-$3,000,000, 13% between $3,000,001-$4,000,000, 14% between $5,000,001-$6,000,000, 15% between $6,000,001-$7,000,000, 16% for $7,000,001+ and 18% of Alcohol Sales and for a term of ten years to design, build, manage, and lease on the Center Core Southeast Quadrant, Mezzanine level, of Concourse A at Denver International Airport, in Council District 11 (PLANE-202475486). The last regularly scheduled Council meeting within the 30-day review period is on 5-12-2025. The Committee approved filing this item at its meeting on 4-9-2025.
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