City Officer: Board of Supervisors – Dated: May 18, 2012 – Contractor: Smarte Carte, Inc.

Nature of Contract

Lease was awarded through a request for proposal process.

Date Contract Approved

5/15/12

Amount

MAG of $610,000 or 25% of Gross Revenues. Airport shall pay Operator for the Customs Cart Program the lesser of $1.20 for each lugggage cart distributed free of charge to the public in Customs or as follows: 1st year – $2,300,000: 2nd year – $2,392.000; 3rd year – $2,487,000; 4th year – $2,587,000; 5th year – $2,690,000.

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