A resolution approving a proposed Agreement between the City and County of Denver and MRG Denver, LLC to design, build, and operate a Colorado + concession at Denver International Airport. Approves a concession agreement with MRG Denver, LLC, doing business as Colorado +, for $588,304.00 Minimal Annual Guarantee (MAG) or percentage fee for Beauty of 8% and Gifts of 14% up to $1,250,000 then; 16% $1,250,001 -$2,500,000 and 18% above $2,500,001 and for a term of 7 years to build, manage, and lease on Concourse B in the B Center Core northwest quadrant, in Council District 11. (PLANE-201952061). The last regularly scheduled Council meeting within the 30-day review period is on 1-2-2024. The Committee approved filing this item at its meeting on 11-29-2023.

23-1859 · Resolution · Adopted

Timeline

• Nov 29, 2023: approved by consent (Business, Arts, Workforce, Climate & Aviation Services Committee)
• Dec 11, 2023: adopted (City Council)
• Dec 11, 2023: signed (Council President)