REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF THE COUNTY OF SAN BERNARDINO
AND RECORD OF ACTION
August 6, 2019
FROM
BEAHTA R. DAVIS, Director, Regional Parks Department
SUBJECT
Title
Revenue Lease Agreement with Close the Lid Entertainment, LLC at Calico Ghost Town Regional Park to operate Lane's General Store concession
End
RECOMMENDATION(S)
Recommendation
Approve Revenue Lease Agreement with Close the Lid Entertainment, LLC to operate the Lane's General Store concession at Calico Ghost Town Regional Park from August 6, 2019 until August 5, 2024, with two five year options to extend the contract, in which the County will receive lease fees of no less than $60,000 during the initial five year term.
(Presenter: Beahta R. Davis, Director, 387-2340)
Body
COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Operate in a Fiscally-Responsible and Business-Like Manner.
FINANCIAL IMPACT
Approval of this Revenue Lease Agreement (Agreement) will not result in the use of additional Discretionary General Funding (Net County Cost). Under this Agreement, Close the Lid Entertainment, LLC. (Concessionaire), will pay the Regional Parks Department (Department) a minimum monthly fee of one-thousand dollars ($1,000) or six percent (6%) of gross income, whichever is greater for the first two (2) years of this Agreement to lease building #10, known as Lane's General Store at Calico Ghost Town Regional Park (Park) from August 6, 2019 through August 30, 2021. On September 1, 2021 the lease fee will increase to $1,000 a month or 7% of gross income, whichever is greater and on September 1, 2022 it will increase to $1,000 a month or 8% of gross income, whichever is greater, for the remainder of the initial term. Concessionaire will also pay 3.5% of their monthly gross income as an advertising fee for promotion of the Park. The Department will match their payment equal to a minimum of one and a half times the 3.5% collected.
The Concessionaire will a...
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