ITEM TITLE:
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Consider approving an agreement between the Lawton Water Authority and Schoolhouse Slough Convenience Store, LLC for the management and operation of the Schoolhouse Slough Convenience Store and Fuel System, and authorize execution of the agreement.
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INITIATOR: Larry Parks, Parks and Recreation Director
STAFF INFORMATION SOURCE: Larry Parks, Parks and Recreation Director
Dewayne Burk, Deputy City Manager
Gregory Gibson, Assistant City Attorney
BACKGROUND: During the March 26th City Council meeting, Council directed staff to enter into negotiations with Schoolhouse Slough Convenience Store, LLC for the management and operation of the Schoolhouse Slough Convenience Store and Fuel System. The proposed agreement between the Lawton Water Authority and Schoolhouse Slough Convenience Store, LLC is to commence May 1st, 2024 and terminate December 31st, 2029, with one five year renewal option. This agreement is between Lawton Water Authority and Schoolhouse Slough Convenience Store, LLC. The Terms and conditions are outlined in the attached proposed agreement.
EXHIBIT: Concession Management and Operation Agreement
KEY ISSUES: N/A
FUNDING SOURCE: N/A
STAFF RECOMMENDED COUNCIL ACTION: Approve a proposed agreement between the Lawton Water Authority and Schoolhouse Slough Convenience Store LLC, and authorize the execution of the agreement.