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HomeMy Public PortalAboutAB 21-261 Parks Concession Use Agreement Transfer McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 21-261 Meeting Date October 21, 2021 AGENDA ITEM INFORMATION  SUBJECT: Request an Assignment of Interest in a Concession Use Agreement from Chuck and Peggy Whitescarver, dba Cheap Thrills Rentals to Cheap Thrills LLC, an Idaho Limited Liability Company for the remainder of agreement term Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager     Clerk     Treasurer     Community Development     Police Department     Public Works     Golf Course    COST IMPACT: N/A Parks and Recreation KW Originator  FUNDING SOURCE: N/A Airport      Library    TIMELINE: October 21, 2021 Information Systems      Grant Coordinator    SUMMARY STATEMENT: Cheap Thrills Rentals is in the process of closing on the sale of their business to new owners and would like to transfer the current concession agreement term to the new owners upon purchase of the business. This transfer would only be finalized upon closing of the transaction for the business. It is staff’s recommendation that council review and approve the transfer of the remaining year on the existing concessional use agreement between the City of McCall and Cheap Thrills Rentals to the new owner’s name of Cheap Thrills LLC and to include the new owners’ names upon the final sale of the business. The Assignment of Interest and Concession Agreement are attached. The Assignment of Interest document was prepared by the City Attorney.  RECOMMENDED ACTION: Approve the Assignment of Interest in a Concession Use Agreement from Chuck and Peggy Whitescarver, dba Cheap Thrills Rentals to Cheap Thrills LLC, an Idaho Limited Liability Company for the remainder of agreement term and authorize the mayor to sign all necessary documents.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION