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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A LICENSE AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND BOUCHER BROTHERS POMPANO BEACH, LLC TO OPERATE THE RENTAL OF BEACH EQUIPMENT AND CABANAS TO THE PUBLIC PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: The licensee will pay the City an annual minimum guarantee of $65,000 first year or 20% of gross revenues whichever is greater with minimum guarantee increase of $2,500 each year.)
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(Staff Contact: Mark A. Beaudreau)
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Summary Explanation/Background:
The license agreement is with Boucher Brothers Pompano Beach, LLC to operate the rental service of beach equipment on the City’s main public beach. The City of Pompano Beach put out a request for proposals (RFP T-02-22) and were seeking proposals for a sole vendor to operate the rental service of beach equipment and cabanas to the public on the City’s main public beach. During the May 10, City Commission Meeting, Boucher Brothers Pompano Beach, LLC was approved as the awarded vendor. The license agreement is for a term of five (5) years, with a renewal option to renew the agreement for an additional five (5) years if the City determines the vendor is in full compliance. Boucher Brothers Pompano Beach, LLC will pay the City an annual minimum guarantee of $65,000 or 20% of gross revenues, whichever is greater for the first year of the licensee agreement. After the initial year, the annual minimum guarantee will increase by $2,500 each year following.
Origin of request for this action: Parks and Recreation Department
Fiscal impact and source of funding: The licensee will pay the City an annual minimum guarantee of $65,000 first year or 20% of gross revenues whichever is greater with minimum guarantee increase of $2,500 each year.
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