2018-12-11 RM 6d

ACTION ITEM Date of Meeting December 11, 2018 DATE: December 4, 2018 TO: Stephen P. Metruck, Executive Director FROM: James Schone, Director, Aviation Commercial Management Dawn Hunter, Sr. Manager, Airport Dining and Retail SUBJECT: Airport Dining and Retail Tenant Reimbursement Request and Lease Amendment for SP-LW LLC Amount of this request: $360,095.72 ACTION REQUESTED Request Commission authorization for the Port to reimburse Seattle-Tacoma International Airport tenant SP-LW LLC (Sub Pop-Li’l Woody’s) up to an amount not to exceed $360,095.72 for costs incurred in the design of the CC-06 unit awarded to this firm in the Airport Dining and Retail Lease Group 3 and for the Executive Director to execute a lease amendment with this firm that includes a change in premises, construction build-out, and lease termination dates, as well as a mutual release of any potential claims relating to the unavailability of unit CC-06. EXECUTIVE SUMMARY As part of the Airport Dining and Retail (ADR) Master Plan, a certain number of retail spaces in the airport terminal were designated for conversion to food and beverage units in order to meet the projected demand from passengers at Seattle-Tacoma International Airport (Airport). One of these spaces identified for conversion is located on Concourse C (CC-06) (Exhibit A) and was included in the ADR Lease Group 3 (LG3), approved for solicitation of competitive bids by the Commission on June 14, 2016, as a full-service restaurant. Food and beverage operations require significantly more utilities, specifically: water, gas, sewer and a grease waste line, than…
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