Charlotte County Airport Authority Agenda Packet 2026-06-18
Prop’s Pizzeria LLC Receives 10-Year Airport Restaurant License
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Description
The Board approved a 10-year restaurant concession license with Prop’s Pizzeria, LLC, starting at $3,000 per month, with escalating terms after Year 6, effective July 1, 2026. The agreement includes options for two 5-year renewals.
Contract Details
Contract Amount
$3,000/month for Years 1-6; from Year 6: Minimum Annual Guarantee of 10% of gross revenues, CPI-adjusted annually
Vendor
PROP'S PIZZERIA LLC
Agency
Punta Gorda Airport Authority, FL
Contract Type
FOOD_SERVICES
Document Date
June 17, 2026
Contract Term
10 years from July 1, 2026, with two 5-year renewal options
Renewal Date
2036-07-01
Renewal Info
Two additional 5-year renewal options upon lessee's written request. MAG and CPI adjustments after Year 6.
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Charlotte County Airport Authority Agenda Packet 2026-06-18
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