Los Angeles

Board of Airport Commissioners

March 02, 2023 Resolution #4

Agenda Item 4

RESOLUTION NO.      - Sixth Amendment to Concession Agreement LAA-8647 with DFS Group, LP:  Covering duty-free concession at Los Angeles International Airport, to allow said concessionaire to return space on a case-by-case basis due to changes in international passenger traffic and airline relocations and extend the term by five (5) years to support said concessionaire’s investment to expand duty-free luxury retail offerings in the Tom Bradley International Terminal \nPURPOSE: Staff requests approval of the proposed amendment to provide flexibility for DFS Group, LP to return space in terminals with low international traffic and support DFS Group, LP's planned investment to expand duty-free luxury retail offerings in the Tom Bradley International Terminal (TBIT). The proposed amendment also will align termination dates of all concession spaces in TBIT. \nRECOMMENDATIONS: Adoption of the Report requesting that the Board of Airport Commissioners determine that this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Article III, Class 1 (18)(c) of the Los Angeles City CEQA Guidelines; approve the Sixth Amendment to Concession Agreement LAA-8647 with DFS Group, LP; and authorize the Chief Executive Officer, or designee, to execute said Sixth Amendment after approval as to form by the City Attorney and approval by the Los Angeles City Council. (David Jones)\n04 report \n5.