Explanation
One (1) Bid (#SA004672 Mentel Memorial Golf Course Food Concessions) was received by the Golf Division on November 20, 2012.
The City has a contract for food concessions with Ricardo's Restaurant, Inc. at Mentel Golf Course currently, a contract which ends December 31, 2015 with two additional renewal options for 2016 and 2017. This contract is a revenue generating contract for the Golf Division and is for three (3) years: 2013-2015 with options to renew on an annual basis for two (2) additional years (through December 31, 2017). By contract, annual rent payments are 2013-$72,000; 2014-$72,000; 2015-$72,000 for years 2013-2015 and $74,000 for 2016 and 2017.
Rounds and customer traffic at the Mentel Golf Course and at the Clubhouse facility have been less than projected and a reduction in payments to the city is requested to be modified as indicated below.
The City and Concessionaire agree to modify their existing contract as follows:
1. The required rent (Section 4) shall be decreased by $9,000 for 2014 for a total annual payment of $63,000; decreased by $16,000 for 2015 for a total of $56,000; $17,000 for 2016 for a total of $57,000 and $16,000 for 2017 for total of $58,000.
2. All other terms and conditions remain the same for Mentel Food Concessions by Ricardo's Restaurant, Inc
Principal Parties:
Ricardo's Restaurant, Inc.
4632 Scenic Drive
Columbus, Ohio 43214
Joe Vittorio
614-268-0719
310798965
Fiscal Impact:
This is a revenue-generating contract. The City's revenue will be reduced as stated. We believe these negotiated changes are in the best interests of our golfing customers and Mentel Golf Course.
Benefits to Public:
Ricardo's Restaurant, Inc. provides food service operations for our golfers at Mentel Memorial Golf Course as well as the general public through catering parties/events on-site.
Emergency Justification:
Emergency action is necessary to enter into said revenue generating contract s...
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