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City Officer: Lee, Edwin – Mayor – Filed: May 21, 2012 – Contractor: Smarte Carte Inc.

Nature of Contract

Lease was awarded through Request for Proposal Process

Date Contract Approved

5/15/12

Amount

MAG of 4610,000 or 25% of Gross Revenues. Airport shall pay Operator for the Customs Cart Program the lesser of $1.20 for each luggage cart distributed free of charge tot he 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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