File #: 21-1171    Version: 1 Name:
Type: Resolutions Status: Agenda Ready
File created: 10/5/2021 In control: City Council
On agenda: 10/12/2021 Final action:
Title: This is a Resolution to authorize the City Manager to sign an Air Cargo Building Lease Agreement between the City of El Paso ("Lessor") and ASC Technical Institute, LLC, a Texas limited liability company, ("Lessee") for office and warehouse space, and vehicle parking space, at 6401 Convair Road, El Paso, Texas, in Air Cargo Center Building #2. The term of this lease is an initial term of five (5) years and one (1) five-year option to extend the term of the lease. The annual rental fee for the premises (office, warehouse and vehicle parking) in the initial term will be $32,717.25.
Attachments: 1. Airport - ASC Tech Institute Cargo Bldg Lease
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CITY OF EL PASO, TEXAS

LEGISTAR AGENDA ITEM SUMMARY FORM

 

 

DISTRICT, DEPARTMENT, CONTACT INFORMATIOn:

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Details

District 2

Airport, Sam Rodriguez, (915) 212-7301

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AGENDA LANGUAGE:

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Title

This is a Resolution to authorize the City Manager to sign an Air Cargo Building Lease Agreement between the City of El Paso (“Lessor”) and ASC Technical Institute, LLC, a Texas limited liability company, (“Lessee”) for office and warehouse space, and vehicle parking space, at 6401 Convair Road, El Paso, Texas, in Air Cargo Center Building #2.

 

The term of this lease is an initial term of five (5) years and one (1) five-year option to extend the term of the lease. The annual rental fee for the premises (office, warehouse and vehicle parking) in the initial term will be $32,717.25.

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