File #: 24-1822    Version: 1 Name:
Type: Ordinance Status: First Reading
File created: 11/1/2024 In control: City Council
On agenda: 11/19/2024 Final action: 11/19/2024
Title: Ordinance authorizing execution of an assignment for the remaining year of the 5-year ground lease with Haas-Anderson Construction, Ltd. to Longyards Development LLC for 3.89-acres out of a 25.06-acre tract formerly known as the Hala Pit Landfill located next to the City of Corpus Christi Vehicle Impound Yard on Greenwood Drive in the amount of $9,600.00 per year from October 1, 2024, to September 30, 2025; and authorizing a new 5-year lease with Longyards Development LLC for a fee of $10,000.00 per year from October 1, 2025 to September 30, 2030. (6 votes required)
Sponsors: Engineering Services
Attachments: 1. Agenda Memo- Haas-Anderson Lease Amendment, 2. Ordinance - Hala Pit Lease, 3. City Council Exhibit 2024, 4. 2024-1106 Assignment Agreement-Longyards

Title

Ordinance authorizing execution of an assignment for the remaining year of the 5-year ground lease with Haas-Anderson Construction, Ltd. to Longyards Development LLC for 3.89-acres out of a 25.06-acre tract formerly known as the Hala Pit Landfill located next to the City of Corpus Christi Vehicle Impound Yard on Greenwood Drive in the amount of $9,600.00 per year from October 1, 2024, to September 30, 2025; and authorizing a new 5-year lease with Longyards Development LLC for a fee of $10,000.00 per year from October 1, 2025 to September 30, 2030. (6 votes required)