In Wednesday’s Cape Coral City Council meeting a letter of intent was presented to council on the new operations of the Boathouse Tiki Bar & Grill, that includes a lease termination and a deadline to bring forward a new Concessionaire agreement.
What is a Concessionaire Agreement?A concessionaire agreement is a contract that grants a company the right to operate a business within a government’s property or jurisdiction, under specific terms and conditions. In this case, that’s the Boathouse on Cape Coral’s property.
The City Attorney explained the agreement is better than a lease because it gives the City more oversight with what could happen with the restaurant and the Yacht Club’s future…