COUNCIL
COMMUNICATION
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DATE: 2-3-03 |
SUBJECT: FINAL READING OF ORDINANCE NO. 2003-O-034 Authorizing
the City Manager to execute a lease with Tomas Sandoval, III, dba El Patio
Nursery for approximately 1.41 acres of land located at 1704 E. Hillside Road
at the Laredo International Airport.
Lease term is for five (5) years commencing on January 1, 2003, and
ending on December 31, 2007; providing for an effective date. |
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INITIATED
BY: Cynthia
Collazo Assistant City Manager |
STAFF
SOURCE: Jose L.
Flores Airport
Director |
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PREVIOUS
COUNCIL ACTION: On January 27, 2003, Ordinance was introduced
by City Council, and Staff was instructed to proceed. |
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BACKGROUND: El Patio Nursery has been a tenant in
good standing since 1991 and wishes to continue leasing the premises that is
used as a landscape nursery. |
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FINANCIAL
IMPACT: Land Rent
Revenues
Account No. 242-0000-361-2060
Previous Rent: $875.06 or $.17
Per Square Foot Per Year
Proposed FMV Rent: $1,275.00
or $.25 Per Square Foot Per Year
Percentage Increase: 45.704% |
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COMMITTEE
RECOMMENDATION: The Airport Advisory Committee
recommends approval. |
STAFF
RECOMMENDATION: That the City Manager be
authorized to execute a lease agreement with Tomas Sandoval, III, dba El
Patio Nursery. |
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AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE WITH TOMAS
SANDOVAL, III, DBA EL PATIO NURSERY FOR APPROXIMATELY 1.41 ACRES OF LAND
LOCATED AT 1704 E. HILLSIDE ROAD AT THE LAREDO INTERNATIONAL AIRPORT.
1. LEASE TERM
IS FOR FIVE (5) YEARS COMMENCING ON JANUARY 1, 2003, AND ENDING ON DECEMBER 31,
2007;
2. MONTHLY
RENT SHALL BE $1,275.00 AND WILL BE ADJUSTED ANNUALLY ACCORDING TO CHANGES IN
THE CONSUMER PRICE INDEX.; PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS,
the Airport Director recommends that the City Council approve the proposed
lease between the City of Laredo, as LESSOR, and Tomas Sandoval, III, dba El Patio Nursery, as LESSEE, for
approximately 1.41 acres of land located at 1704 E. Hillside Road 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,
the Airport Advisory Committee finds that said lease is in the best interest of
the Airport and recommends that the City Council approve the proposed 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 a lease with Tomas Sandoval, III,
dba El Patio Nursery for approximately 1.41 acres of land located at 1704 E.
Hillside Road at the Laredo International Airport, a copy of which lease 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
________________, 2003.
_______________________
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