Published: Jul 15, 2013 5:57 PM EDT
Updated: Jul 15, 2013 8:46 PM EDT

CAPE CORAL, Fla. -UPDATE: Cape Coral's city council votes Monday night to let the owners of Ford's Garage take over KC's Riverstop.

Cape Coral's city council will decide who will take over KC's Riverstop Monday night. The Cape Coral landmark shut down after more than 20 years after the city did not renew its lease. The owners are busy clearing out the restaurant for the new tenants to move in.

They have five days to remove all the equipment. From cooking equipment, to furniture, everything must go at the old KC's Riverstop.

"I wanted to see if the Cape Coral museum wanted our sign, I want to donate to them. We are a part of history," said Betty Serrago.

It's a bittersweet moment for now former tenant Serrago. "It's very sad, isn't it sad? Very sad," she said.

As she packs up and moves out, two entities are hoping to move in.

The owners of Ford's Garage, Los Cabos Cantina and The Firestone are proposing a "Ford's Boathouse." They are proposing a 4 month renovation.

The other contenders are the owner's of the South Cape Diner.
They would call the place "Poppy's Grill," saying "It's where sand, sunscreen and flip flops are all in our dress code."

In the meantime, a city of Cape Coral spokesperson says the city will take over the fuel dock services until a new tenant settles in.

"Give them a chance, everybody. No matter who comes in here, please embrace them and give them a chance, it's not their fault that we're leaving. It's not their fault that we're not going to be here. I know they're going to put their heart and soul into it as much as I did," said Serrago.

Once the city council chooses a new tenant, they'll have to come to an agreement with the city manager over a lease. 

If they can't come to agreement, the city will move on to choose its second ranking.