CITY OF EL PASO, TEXAS
AGENDA ITEM SUMMARY FORM
Details
District 2
Airport, Sam Rodriguez, (915) 212-7301
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PUBLIC HEARING DATE: Click or tap to enter a date.
STRATEGIC GOAL:
Goal 1 - Create an Environment Conducive to Strong Sustainable Economic Development
SUBGOAL: Choose an item.
SUBJECT:
APPROVE a Resolution / Ordinance / lease to do what? OR AUTHORIZE the City Manager to do what? Be descriptive of what we want Council to approve. Include $ amount if applicable.
Title
That the City Manager be authorized to sign a First Amendment and a Lessor's Approval of Assignment for a General Aviation Commercial Ground Lease between the City of El Paso ("Lessor") and TJW Aviation, LLC ("Lessee") for the property described as Lots 14 and 15 Block 4, El Paso International Airport Tracts, City of El Paso, El Paso County, Texas, municipally known and numbered as 7201 Boeing, El Paso Texas. The First Amendment adds one (1) additional ten (10) year and one additional (5) year option. The Lessor's Approval of Assignment consents to the Assignment of the lease from TJW Aviation, LLC to Elite Medical Air Transport, LLC.
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BACKGROUND / DISCUSSION:
Discussion of the what, why, where, when, and how to enable Council to have reasonably complete description of he contemplated action. This should include attachment of bid tabulation, or ordinance or resolution if appropriate. What are the benefits to the City of this action? What are the citizen concerns?
TJW Aviation, LLC requests the additional options and the Approval of the Assignment of the lease to enable Elite Medical Air Transport, LLC to purchase the building at 7201 Boeing from TJW Aviation, LLC.
PRIOR COUNCIL ACTION:
Has the Council previously considered this item or a closely related one?
Lease - December 19, 1995
Approval of Assignment - June 1, 1996 & December 11, 2018
Lessors Approval of Sublease - May 17, 1996, February 18, 1997, November 11, 1997, August 21, 2001,
April 28, 2008
AMOUNT AND S...
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