Parks and Recreation BoardJune 22, 2021

B3: Revenue Summary — original pdf

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Revenue Summary for Concessionaire Under the current terms of the agreement, the concessionaire will pay (1) quarterly installments of $17,500 equal to the sum of $70,000 annually, and (2) an annual lump sum payment consisting of eight percent (8%) of the gross annual sales (minus sales tax and quarterly installments) . The concessionaire’s proposal expected alcohol to be 16% of revenue.