RENEWAL NOTICE - Golconda Marina Concession

The Illinois Department of Natural Resources is seeking to renew its contract with Larry W Millis LLC for the Golconda Marina Concession. The concession term is from 2026 to 2030, with a total renewal amount of $1,500,000.00. The vendor shall pay a reserve payment of 3% of gross receipts to DNR. Key points to consider: • The concession is for a marina in Illinois. • The vendor must pay a reserve payment to DNR. • The total renewal amount is $1,500,000.00. • The concession term is 5 years. • The estimated financial return to the state is $45,000.00. • The estimated gross revenue to the vendor is $1,455,000.00.