COUNCIL COMMUNICATION
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DATE: 2-3-03 |
SUBJECT: FINAL READING OF ORDINANCE NO. 2003-O-035 Authorizing
the City Manager to execute a lease with South Texas Development Council for
approximately 252 square feet constituting Suite No. 10 of Building No. S-1
located at 1718 E. Calton Road at the Laredo International Airport. Lease term is for two (2) years commencing
on January 1, 2003, and ending on December 31, 2004. Monthly rent shall be
$327.60 and will be adjusted annually according to changes in the Consumer
Price Index; providing for an effective date. |
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INITIATED
BY: Cynthia
Collazo Assistant City Manager
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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: South Texas Development Council has been a tenant in good
standing since 1979. Lessee currently
leases three offices requiring three independent lease agreements due to
different funding sources. Lessee wishes
to lease additional office space in order to complement the existing leased
space. Suite No. 10 has been vacant since October 2001. |
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FINANCIAL
IMPACT: Building
Rent Revenues Account No. 242-0000-361-1060
Previous Rent: $315.00 ($1.25
Per Sq. Ft.)
Proposed Rent: $327.60 ($1.30 Per Sq. Ft.) |
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COMMITTEE
RECOMMENDATION: The
Airport Advisory Committee recommends approval. |
STAFF RECOMMENDATION:
That the City
Manager be authorized to execute a lease with South Texas Development
Council. |
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AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE WITH
SOUTH TEXAS DEVELOPMENT COUNCIL FOR APPROXIMATELY 252 SQUARE FEET CONSTITUTING
SUITE NO. 10 OF BUILDING NO. S-1 LOCATED AT 1718 E. CALTON ROAD AT THE LAREDO
INTERNATIONAL AIRPORT. LEASE TERM IS
FOR TWO (2) YEARS COMMENCING ON JANUARY 1, 2003, AND ENDING ON DECEMBER 31, 2004.
MONTHLY RENT SHALL BE $327.60 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 South Texas Development Council, as LESSEE, for approximately 252 square
feet constituting Building No. S-1 located
at 1718 E. Calton 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 South Texas
Development Council for approximately 252 square feet constituting Suite No. 10
of Building No. S-1 located at 1718 E. Calton 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.
AN ORDINANCE AUTHORIZING A LEASE BETWEEN THE CITY
OF LAREDO AND SOUTH TEXAS DEVELOPMENT COUNCIL (SUITE NO. 10 OF BUILDING NO. S-1)
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