City of Grand Prairie - File #: 19-9216

• File #: 19-9216
• Version: 1
• Name: PQ Lease
• Type: Agenda Item
• Status: Consent Agenda
• File created: 7/30/2019
• In control: City Attorney
• On agenda: 8/20/2019
• Final action: 8/20/2019
• Title: Authorize City Manager to Execute Ten-Year Tenant Lease with Option to Renew for two Five-Year Terms with National BBQ Management (or related assignee), for the Operation of a Restaurant at EpicCentral for 8% of Gross Sales and 50% of Net Operating Income (This item was tabled at the August 6, 2019 meeting.)

Date	Ver.	Action By	Action	Result
8/20/2019	1	City Council	Approved on the Consent Agenda
8/6/2019	1	City Council	Tabled

From

Megan Mahan

Title

Authorize City Manager to Execute Ten-Year Tenant Lease with Option to Renew for two Five-Year Terms with National BBQ Management (or related assignee), for the Operation of a Restaurant at EpicCentral for 8% of Gross Sales and 50% of Net Operating Income (This item was tabled at the August 6, 2019 meeting.)

Presenter

Tom Hart, City Manager

Recommended Action

Approve

Analysis

Information to be provided during Executive Session.

Financial Consideration

Rent will be paid into the EpicCentral Revenue Account