COUNCIL
COMMUNICATION
|
DATE: 3-3-03 |
SUBJECT: FINAL READING OF ORDINANCE NO. 2003-O-058 Authorizing the City Manager to
execute a lease with Texas Migrant Council (CCMS) for approximately 5,732
square feet of office space constituting Suites 1, 3, 4, and 5 of Building
No. 134 located at 4603 Maher Avenue.
Lease term is for two (2) years commencing on December 1, 2002, and
ending on November 30, 2004. Monthly
rent shall be $5,732.00 and will be adjusted annually according to changes in
the Consumer Price Index; providing for an effective date. |
||
|
INITIATED
BY: Cynthia
Collazo Assistant City Manager
|
STAFF
SOURCE: Jose L.
Flores Airport
Director |
||
|
PREVIOUS
COUNCIL ACTION: On February 18,
2003, Ordinance was introduced by City Council, and Staff was instructed to
proceed. |
|||
|
BACKGROUND: Texas Migrant Council has
been a tenant in good standing since 1977.
Lease premises are used to house its Child Care Management Services.
At present, CCMS is paying a monthly rental rate of $.96 per square foot of
leased area and occupies approximately 30% of Building # 134. Due to budgetary
constraints imposed on the agency this year, CCMS has expressed a concern
with the proposed rental increases on the property and proposes to continue
leasing the existing space at a revised monthly rental rate of $1.00 per
square foot as opposed to the Airport’s proposed rate of $1.30. At present, approximately
1,600 square feet of office space is available within the building, should
CCMS vacate the premises due to their inability to meet their rental
obligations and locate off- Airport, this in essence would increase the
available rental area within this building to approximately 70% of the total area. Lessee is responsible for
providing public liability insurance in minimum amounts of $500,000 per
incident and $100,000 for property damage per accident, naming Lessor as
co-insured. |
|||
|
FINANCIAL
IMPACT: Building
Rent Revenues
Account No.
242-0000-361-1060
Previous Monthly Rent:
$5,495.09
Proposed Monthly Rent: $5,732.00
Percentage Increase: 4.311% |
|||
|
COMMITTEE RECOMMENDATION: The Airport Advisory
Committee recommends approval. |
STAFF RECOMMENDATION:
That the City Manager be authorized to execute a lease with Texas
Migrant Council. |
||
ORDINANCE NO.
2003-O-058
AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE WITH TEXAS MIGRANT COUNCIL (CCMS) FOR APPROXIMATELY 5,732 SQUARE FEET OF OFFICE SPACE CONSTITUTING SUITES 1, 3, 4, AND 5 OF BUILDING NO. 134 LOCATED AT 4603 MAHER AVENUE AT THE LAREDO INTERNATIONAL AIRPORT;
1. LEASE TERM IS FOR TWO (2) YEARS COMMENCING ON DECEMBER 1, 2002, AND ENDING ON NOVEMBER 30, 2004;
2. MONTHLY RENT SHALL BE $5,732.00 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 Texas Migrant Council (CCMS), as LESSEE, for approximately 5,732 square
feet constituting Suites No. 1, 3, 4 and 5 of Building No. 134 located at 4603
Maher Avenue 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 and contract are 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 Texas Migrant Council
(CCMS) for approximately 5,732 square
feet constituting Suites No. 1, 3, 4, and 5 of Building No. 134 located at 4603
Maher Avenue 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 TEXAS MIGRANT COUNCIL-CCMS (SUITES NO. 1, 3,4, AND 5 OF BUILDING
NO. 134)
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