The civic record
Read. Follow. Verify.Lease Agreement for Electronics Store in International Terminal
Record date · December 11, 2018
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What This Bill Does
This proposes a lease agreement for InMotion Entertainment Group, LLC to operate an electronics store in the International Terminal Boarding Area A. The agreement includes a minimum annual payment guarantee of $340,000 to the city.
The city will receive a guaranteed minimum of $340,000 annually from the operation of this retail space at the airport.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
InMotion Entertainment Group, LLC
The company is the lessee and will be obligated to pay the minimum annual guarantee.
City Government
The city will receive revenue from the lease agreement.
Key Facts
- The resolution establishes a lease agreement for InMotion Entertainment Group, LLC.
- The leased space is located in the International Terminal Boarding Area A.
- The lease requires a minimum annual guarantee payment of $340,000 to the city.
- The file is currently pending action by the Budget and Finance Committee.
Show all 5 facts
- The resolution was introduced on December 11, 2018.
Frequently Asked Questions
What is the purpose of this resolution?
How much money will the city receive from this lease?
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News Coverage
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Votes, people, money & the original sourceFull breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Airport Revenue Stream
The document highlights the use of minimum annual guarantees to ensure stable revenue from airport retail concessions.
Connected Entities
Sources
webapi.legistar.com
Analysis Score
0–100- Significance30How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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