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City Officer: Lee, Edwin – Mayor – Filed: November 8, 2013 – Contractor: Avis Budget Car Rental, LLC

Nature of Contract

Lease was awarded to five Tenants, including Avis Budget Car Rental, LLC, through a bid process.

Date Contract Approved

November 8, 2013

Amount

Current MAG (CY 2013): $10,065,033.09, subject to yearly increase based on 8.5% of the previous year's Gross Revenues.

Total CY 2013 Space Rent: $3,836,416.00

Proposed Total Space Rent: $4,389,104.00

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