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Phoenix airport restaurants will get rent relief during travel slowdown. Here's what that means

After weeks of waiting for an answer as the Phoenix City Council held discussions in executive sessions behind closed doors, restaurant owners at Phoenix Sky Harbor International Airport will get a break on the amount they're required to pay to operate there. 

In a 6-to-3 vote on Monday, June 8, the council approved temporarily revising the Minimum Annual Guarantee, which is a fixed amount restaurants guarantee they will pay the city to do business at the airport, to a percentage of overall sales instead.

The change will last through June 30. After that date, the airport director will evaluate market conditions and bring a possible extension of the relief back before the council for a vote. 

Read full story here.

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