25-0451: A resolution approving a proposed Agreement between the City and County of Denver and MB Creation, LLC utilizing the Premium Value Concession (PVC) Award Benefit to design, build, manage, and lease a Timberline Steaks & Grille and an Einstein Bros Bagels concessions on Concourse C at Denver International Airport. Approves a concession agreement utilizing the Premium Value Concession Award Benefit with MB Creation, LLC d/b/a Timberline Steaks & Grille - Einstein Bros Bagels for a guaranteed rent/Minimum Annual Guarantee (MAG) of $2,200,860.00 or percentage rent of gross sales; 13% up to $3,000,000, 14% between $3,000,001-$4,000,000, 15% between $4,000,001-$5,000,000, 16% for $5,000,001+ and for a term of ten years to design build, manage, and lease on the Center Core Northwest Quadrant level, of Concourse C at Denver International Airport, in Council District 11 (PLANE-202476393). 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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