On September 13, 2010, the City Council approved Automobile Rental Concessions and Leases with five car rental concessionaires, one of which was Lewis Transportation Group, LLC DBA Thrifty Car Rental and Dollar Rent A Car.  The Concessions and  Leases became effective April 1, 2011 and continue through March 31, 2016.   Lewis Transportation Group, LLC desires to sell all of its assets and assign and transfer its Concession and Lease to DTG Operations, Inc. DBA Thrifty Car Rental and Dollar Rent A Car.   DTG Operations, Inc. intends to continue Lewis Transportation Group LLC's dual branded car rental operations at the Airport and assume all interests in the Concession and Lease.  The Asset Purchase Agreement between the two companies was implemented on December 2, 2013.   This Assignment and Transfer conveys all rights and interests of Lewis Transportation Group LLC's Airport Car Rental Concession and Lease to DTG Operations, Inc.  A copy of the Assignment and Transfer is on file in the City Clerk's Office.

The City Council may:

• Approve the Assignment and Transfer of Lewis Transportation Group, LLC's  Concession and Lease to DTG Operations Inc.; or
• Not approve the Assignment and Transfer of Lewis Transportation Group, LLC's  Concession and Lease to DTG Operations Inc., and delay the formal transfer of this business to a new owner.
   

There will be no financial impact to the City or Airport with this Assignment and Transfer.  The name of the concessionaire is the only change under this transaction.  All other terms and conditions of the Concession and Lease will remain unchanged.  A condition of approval of the Assignment and Transfer is that all fees and charges accrued by Lewis Transportation Group, LLC and due prior to December 1, 2013 are to be paid in full.  DTG Operations, Inc. will be responsible for all fees and charges incurred beginning December 1, 2013 through the end of the Concession and Lease.  There will be no financial impact to the City or Airport with this Assignment and Transfer.  The name of the concessionaire is the only change under this transaction.  All other terms and conditions of the Concession and Lease will remain unchanged.  A condition of approval of the Assignment and Transfer is that all fees and charges accrued by Lewis Transportation Group, LLC and due prior to December 1, 2013 be paid in full.  DTG Operations, Inc. will be responsible for all fees and charges incurred beginning December 1, 2013 through the end of the Concession and Lease.  There will be no financial impact to the City or Airport with this Assignment and Transfer.  The name of the concessionaire is the only change under this transaction.  All other terms and conditions of the Concession and Lease will remain unchanged.  A condition of approval of the Assignment and Transfer is that all fees and charges accrued by Lewis Transportation Group, LLC and due prior to December 1, 2013 be paid in full.  DTG Operations, Inc. will be responsible for all fees and charges incurred beginning December 1, 2013 through the end of the Concession and Lease.  There will be no financial impact to the City or Airport with this Assignment and Transfer.  The name of the concessionaire is the only change under this transaction.  All other terms and conditions of the Concession and Lease will remain unchanged.  A condition of approval of the Assignment and Transfer is that all fees and charges accrued by Lewis Transportation Group, LLC and due prior to December 1, 2013 be paid in full.  DTG Operations, Inc. will be responsible for all fees and charges incurred beginning December 1, 2013 through the end of the Concession and Lease.  There will be no financial impact to the City or Airport with this Assignment and Transfer.  The name of the concessionaire is the only change under this transaction.  All other terms and conditions of the Concession and Lease will remain unchanged.  A condition of approval of the Assignment and Transfer is that all fees and charges accrued by Lewis Transportation Group, LLC and due prior to December 1, 2013 be paid in full.  DTG Operations, Inc. will be responsible for all fees and charges incurred beginning December 1, 2013 through the end of the Concession and Lease. 
There will be no financial impact to the City or Airport with this Assignment and Transfer.  The name of the concessionaire is the only change under this transaction.  All other terms and conditions of the Concession and Lease will remain unchanged.  A condition of approval of the Assignment and Transfer is that all fees and charges accrued by Lewis Transportation Group, LLC and due prior to December 1, 2013 be paid in full.  DTG Operations, Inc. will be responsible for all fees and charges incurred beginning December 1, 2013 through the end of the Concession and Lease. Staff believes that if there is any financial impact to the City or Airport with this Assignment and Transfer it would likely be positive, due to DTG Operations, Inc.'s larger size and financial stability.  The name of the Concessionaire is the only change under this Assignment and Transfer.  All other terms and condition of the Concession and Lease will remain unchanged and will transfer to DTG Operations, Inc.  A condition of approval of the Assignment and Transfer is that all fees and charges accrued by Lewis Transportation Group, LLC prior to December 1, 2013 be paid in full.  DTG Operations, Inc. will be responsible for all fees and charges incurred beginning December 1, 2013 through the end of the term of the Concession and Lease.

Staff recommends that City Council approve the Assignment and Transfer of the Automobile Concession and Lease from Lewis Transportation Group, LLC DBA Thrifty Car Rental and Dollar Rent A Car to DTG Operations, Inc. DBA Thrifty Car Rental and Dollar Rent A Car.