File #: 17-0115    Version: Name:
Type: Ordinance Status: Passed
File created: 1/13/2017 In control: City Council
On agenda: 1/24/2017 Final action: 1/31/2017
Title: Second Reading Ordinance - Five Year Lease Agreement for Buccaneer Commission (1st Reading 1/24/17) Ordinance authorizing the City Manager or designee to execute a five- year lease agreement with Buccaneer Commission for the use of Tex Mex Railroad Depot located at 1800 block of Chaparral Street, in consideration of rental payments of $600 per month increasing to $750 per month in third year and $900 per month in fourth year; and providing for options to extend for up to two additional five-year terms with rental rates to be increased each five-year term by ten percent; and providing for publication.
Sponsors: Parks and Recreation Department
Attachments: 1. Agenda Memo - Buc Days Lease for Tex Mex Railroad, 2. Ordinance Multi-term Lease with Buccaneer Commission, 3. Ordinance v2 Multi-term Lease with Buccaneer Commission, 4. Buc Days Lease Long Term Lease, 5. Buc Days Lease Exhibit A

Title

Second Reading Ordinance - Five Year Lease Agreement for Buccaneer Commission (1st Reading 1/24/17)

 

Ordinance authorizing the City Manager or designee to execute a five- year lease agreement with Buccaneer Commission for the use of Tex Mex Railroad Depot located at 1800 block of Chaparral Street, in consideration of rental payments of $600 per month increasing to $750 per month in third year  and $900 per month in fourth year; and providing for options to extend for up to two additional five-year terms with rental rates to be increased each five-year term by ten percent; and providing for publication.