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Ratification of Concession Agreement Between Four New Millennium Group, Inc. and the City of Lewisville.
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ADMINISTRATIVE COMMENTS:
In November 2024, the United States Army Corps of Engineers executed Lease No. DACW63-1-24-0613 for park and recreational areas on Lewisville Lake with the City of Lewisville to replace Lease No. DACW63-1-00-0820 upon expiration on April 14, 2025. Four New Millennium Group, Inc. d/b/a Sneaky Pete’s (Sneaky Pete’s) was a sub-concessionaire of Eagle Point Marina under the former lease, and their agreement expired on April 14, 2025. This agreement allows Sneaky Pete’s to continue it operations until September 30, 2025.
RECOMMENDATION:
That the City Council approve the ratification of the agreement as set forth in the caption above.