COUNCIL COMMUNICATION

DATE:

 

11-4-02

 

 

 

SUBJECT:   FINAL READING OF ORDINANCE NO. 2002-O-286

Authorizing the City Manager to execute an Assignment of that Rental Car Agency Concession and Lease Agreement entered into between the City of Laredo, as Lessor, and Sames Motor Co., Inc., dba Budget Rent a Car of Laredo, as Lessee, by Ordinance No. 98-0-129 dated June 1, 1998. Said Assignment is to Instant Signs, Inc., dba Budget Rent a Car of Laredo, as Assignee, for approximately 171 square feet of office and counter space located in car rental space #2 and for 19 parking spaces located at 5210 Bob Bullock Loop at the Laredo International Airport; providing for an effective date.

 

 

INITIATED BY:  Cynthia Collazo

                           Assistant City Attorney

 

 

STAFF SOURCE:  Jose L. Flores

                               Airport Director

 

PREVIOUS COUNCIL ACTION:  On October 21, 2002, Ordinance was introduced by City Council, and Staff was instructed to proceed.

 

BACKGROUND:   

 

Sames Motor Co., Inc. dba Budget Rent a Car of Laredo is requesting City of Laredo approval to assign its Rental Car Agency Concession and Lease Agreement to Instant Signs, Inc. dba Budget Rent a Car of Laredo.

 

Sames Motor Co., Inc. dba Budget Rent a Car of Laredo has been a good tenant since 1988.

 

The lease term terminates in July 2003.          

 

 

 

 

 

FINANCIAL IMPACT:  

 

242-0000-361-1086  Aeronautical Building Rent

242-0000-361-2070  Aeronautical Land Rent

242-0000-361-3004  Car Space Rental

                                                                              

COMMITTEE RECOMMENDATION:  The Airport Advisory Committee recommends approval.

 

 

 

STAFF RECOMMENDATION:  That the City Manager be authorized to execute an Assignment of that Car Rental Agency Concession and Lease Agreement from Sames Motor Co., Inc. dba Budget Rent a Car of Laredo to Instant Signs, Inc. dba Budget Rent a Car of Laredo.

 

 

 

 

ORDINANCE NO. 2002-O-286

 

 

 

AUTHORIZING THE CITY MANAGER TO EXECUTE AN ASSIGNMENT OF THAT RENTAL CAR AGENCY CONCESSION AND LEASE AGREEMENT ENTERED INTO BETWEEN THE CITY OF LAREDO, AS LESSOR, AND SAMES MOTOR CO., INC., dba BUDGET RENT A CAR OF LAREDO, AS LESSEE, BY ORDINANCE NO. 98-0-129 DATED JUNE 1, 1998. SAID ASSIGNMENT IS TO INSTANT SIGNS, INC., dba BUDGET RENT A CAR OF LAREDO, AS ASSIGNEE, FOR APPROXIMATELY 171 SQUARE FEET OF OFFICE AND COUNTER SPACE LOCATED IN CAR RENTAL SPACE #2 AND FOR 19 PARKING SPACES LOCATED AT 5210 BOB BULLOCK LOOP AT THE LAREDO INTERNATIONAL AIRPORT; PROVIDING FOR AN EFFECTIVE DATE.

 

            WHEREAS, the Airport Director recommends that the City Council approve the proposed Assignment of that Rental Car Agency Concession and Lease Agreement entered between the City of Laredo, as Lessor, and Sames Motor Co., Inc. dba Budget Rent a Car, as Lessee, Ordinance No. 98-0-129 dated June 1, 1998, for approximately 171 square feet of office and counter space located in Car Rental Space #2 and for 19 parking spaces located at 5210 Bob Bullock Loop at the Laredo International Airport, as a contract and in furtherance of the development of the Laredo International Airport and as a support to the maintenance and operation of the Laredo International Airport.

 

            WHEREAS, said Assignment is to Instant Signs, Inc. dba Budget Rent a Car of Laredo, as Assignee; and

 

            WHEREAS, the Airport Advisory Committee finds that said Assignment is in the best interest of the Airport and recommends that the City Council approve the proposed Assignment of Lease; and

 

            WHEREAS, the City Council of the City of Laredo having heard the recommendations of the Airport Director and of the Airport Advisory Committee agrees with same.

 

            NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LAREDO THAT:

 

Section 1:         The City Manager be hereby authorized to execute an Assignment of that Rental Car Agency Concession and Lease Agreement entered between the City of Laredo, as Lessor, and Sames Motor Co., Inc. dba Budget Rent a Car, as Lessee, Ordinance No. 98-0-129 dated June 1, 1998, for approximately 171 square feet of office and counter space located in Car Rental Space #2 and for 19 parking spaces located at 5210 Bob Bullock Loop at the Laredo International Airport. said Assignment is to Instant Signs, Inc. dba Budget Rent a Car of Laredo, as Assignee, a copy of which is attached hereto as Exhibit A, and incorporated herein as if set out at length for all intents and purposes.

 

Section 2:         This Ordinance shall become effective upon passage hereof.

 

            PASSED BY THE CITY COUNCIL AND APPROVED BY THE MAYOR ON THIS THE ____ DAY OF ________________, 2002.

 

 

 

 

 

 

_________________________

ELIZABETH G. FLORES

MAYOR

 

ATTEST:

 

_________________________

GUSTAVO GUEVARA, JR.

CITY SECRETARY

 

APPROVED AS TO FORM:

JAIME L. FLORES

CITY ATTORNEY

 

 

BY:________________________

VALERIA M. ACEVEDO

ASSISTANT CITY ATTORNEY