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File #: 23-1544    Version: 1
Type: Resolution Status: Adopted
File created: 10/17/2023 In control: City Council
On agenda: 11/13/2023 Final action: 11/13/2023
Title: A resolution approving a proposed Agreement between the City and County of Denver and Trugoy, Inc. to design, build, and operate a Starbucks Coffee concession at Denver International Airport. Approves a premium value concession contract with Trugoy, Inc., operating as Starbucks Coffee for a minimum annual guarantee of $529,125 and a term of 7 years to design, build, manage, and lease Starbucks Coffee on the B concourse of the airport, in Council District 11. 202369779. The last regularly scheduled Council meeting within the 30-day review period is on 11-27-2023. The Committee approved filing this item at its meeting on 10-25-2023. Councilmember Parady called out this item, en bloc, at the 11-06-2023 meeting for a one-week postponement to 11-13-2023.
Indexes: Melissa Mata
Attachments: 1. RR23-1544_DEN_Resolution Request_Trugoy, Inc., dba Starbucks, 2. 23-1544 Contract_Trugoy, Inc. - 202369779, 3. 23-1544 Filed Resolution_Trugoy Inc. -202369779, 4. 23-1544 Filed Resolution_Trugoy Inc., 5. 23-1544_signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 10-23-2023

Requesting Agency: DEN
Division:

Subject Matter Expert Name: Rita Aguilar
Email Address: Rita.aguilar@flydenver.com
Phone Number:

Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A resolution approving a proposed Agreement between the City and County of Denver and Trugoy, Inc. to design, build, and operate a Starbucks Coffee concession at Denver International Airport.
Approves a premium value concession contract with Trugoy, Inc., operating as Starbucks Coffee for a minimum annual guarantee of $529,125 and a term of 7 years to design, build, manage, and lease Starbucks Coffee on the B concourse of the airport, in Council District 11. 202369779. The last regularly scheduled Council meeting within the 30-day review period is on 11-27-2023. The Committee approved filing this item at its meeting on 10-25-2023. Councilmember Parady called out this item, en bloc, at the 11-06-2023 meeting for a one-week postponement to 11-13-2023.
body

Affected Council District(s) or citywide?
Council District 11
Contract Control Number:
202369779
Vendor/Contractor Name (including any "DBA"):
Trugoy, Inc. bda Starbucks Coffee
Type and Scope of services to be performed:
Trugoy, Inc., will design, build, manage, and lease Starbucks Coffee on Concourse B, Center Core northwest quadrant. Trugoy, Inc., has committed to investing a minimum of $1,402,500.00 to design and build this space. To amortize Trugoy, Inc. capital investment, they will receive a contract term...

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