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P.H. 2022-17: (PUBLIC HEARING 2ND READING)
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A CONSENT TO ASSIGNMENT OF THE LEASE/CONCESSION AGREEMENT BETWEEN GLR GROUP, LLC, AS ASSIGNOR, AND RESTAURANT LIFE LLC, AS ASSIGNEE, PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
FIRST READING: DECEMBER 14, 2021
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(Staff Contact: Earl Bosworth)
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Summary Explanation/Background:
Lauren Galuppi and Laura Galuppi, Managers of GLR Group LLC have sold and/or assigned its business in favor of Restaurant Life LLC which is managed by Grant Galuppi. The City consents to the assignment as the City risks nothing, releases no person or parties that are currently obligated to abide by the terms of the lease/concession agreement and the change is merely the business entity that owns the business.
Origin of request for this action: City Manager’s Office
Fiscal impact and source of funding: N/A
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