File #: 24-622    Version: 1 Name:
Type: Resolutions Status: Agenda Ready
File created: 4/22/2024 In control: City Council
On agenda: 5/7/2024 Final action:
Title: That the City Manager be authorized to sign a Standstill Extension Agreement between the City of El Paso; the U.S. General Services Administration ("GSA"); the El Paso Infrastructure Collaborative, LLC ("EPIC"); and the Jose and Carmen Silva Family Limited Partnership ("Silva FLP"), preserving the terms and conditions of the existing lease and sublease agreements between the parties regarding the properties adjacent to the Stanton International Bridge (the "Stanton DCL Properties"); and extending the Standstill Agreement previously entered into by the parties for a period ending upon the earlier of the GSA's acquisition of Stanton DCL Properties or May 18, 2025.
Attachments: 1. DHS - Standstill Extension Agreement, 2. Standstill Extension Agreement_Resolution_Signed, 3. Standstill Extension Agreement - DCL Stanton POE_Signed, 4. CC Agenda Item 3 - DCL Standstill Extension Agreement_05.07.24
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CITY OF EL PASO, TEXAS

LEGISTAR AGENDA ITEM SUMMARY FORM

 

 

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International Bridges, Roberto Tinajero, (915) 212-7509

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AGENDA LANGUAGE:

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Title

That the City Manager be authorized to sign a Standstill Extension Agreement between the City of El Paso; the U.S. General Services Administration (“GSA”); the El Paso Infrastructure Collaborative, LLC (“EPIC”); and the Jose and Carmen Silva Family Limited Partnership (“Silva FLP”), preserving the terms and conditions of the existing lease and sublease agreements between the parties regarding the properties adjacent to the Stanton International Bridge (the “Stanton DCL Properties”); and extending the Standstill Agreement previously entered into by the parties for a period ending upon the earlier of the GSA’s acquisition of Stanton DCL Properties or May 18, 2025.

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