CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM
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Details
District 3
Airport, Sam Rodriguez, (915) 212-7300
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AGENDA LANGUAGE:
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Title
A Resolution to authorize the City Manager to sign a Crosswinds Entertainment District Ground Lease by and between the City of El Paso (“Lessor”) and Anzures & Son, LLC (“Lessee”) regarding the following described property:
All of Lot 15 and a portion of Lot 14, Block 5, El Paso International Airport Tracts, Replat of Unit 3, City of El Paso, El Paso County, Texas, more commonly referred to as 6631 Montana Avenue, El Paso, Texas.
The initial term of this lease is 40 years plus one (1) option of ten (10) years. The initial annual rent is $44,279.21, which is based on 19,335.9 square feet at $2.29 per square foot per annum.
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