8P8 - Award Airport Concession $62.2m Revenue

RESOLUTION APPROVING AWARD OF A COMPETITIVE REVENUE-GENERATING CONTRACT, CONTRACT NO. EVN0028376, CONCOURSE K CONCESSION PROGRAM AT MIAMI INTERNATIONAL AIRPORT, TO OTG MIA VENTURE, LLC WITH PROJECTED REVENUE OF $62,200,000.00 FOR AN INITIAL 11-YEAR TERM AND ONE, ONE-YEAR OPTION TO RENEW FOR MIAMI-DADE AVIATION DEPARTMENT; AND AUTHORIZING THE COUNTY MAYOR OR COUNTY MAYOR'S DESIGNEE TO EXECUTE THE AGREEMENT AND TO EXERCISE ALL PROVISIONS OF THE CONTRACT, INCLUDING ANY CANCELLATION, RENEWAL, OR EXTENSIONS, PURSUANT TO SECTION 2-8.1(B) OF THE CODE OF MIAMI-DADE COUNTY, FLORIDA AND IMPLEMENTING ORDER 3- 38(Strategic Procurement)