File #: 22-464    Version: 1 Name:
Type: Resolutions Status: Agenda Ready
File created: 4/19/2022 In control: City Council
On agenda: 4/26/2022 Final action:
Title: A Resolution that the City Manager be authorized to sign a Lease Agreement by and between the City of El Paso ("Lessor") and Halloran Family Joint Venture, LLC ("Lessee"), regarding real property described as, a 52,846.456 square foot parcel of land, more or less, being a portion of Tract 4A25, Block 2, Ascarate Grant, City of El Paso, El Paso County, Texas, (approximately 1.213 acres of land) and municipally known and numbered as 6901 Montana Ave., El Paso, Texas. The initial term is 40-year beginning at 12:00:00 a.m. on May 1, 2022 ("Effective Date") for a monthly fee of $4,179.27, plus one option to extend for 10 years.
Attachments: 1. 6901 MONTANA AVE LEASE AGRMT HALLORAN FAMILY JOINT VENTURE
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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

A Resolution that the City Manager be authorized to sign a Lease Agreement by and between the City of El Paso (“Lessor”) and Halloran Family Joint Venture, LLC (“Lessee”), regarding real property described as, a 52,846.456 square foot parcel of land, more or less, being a portion of Tract 4A25, Block 2, Ascarate Grant, City of El Paso, El Paso County, Texas, (approximately 1.213 acres of land) and municipally known and numbered as 6901 Montana Ave., El Paso, Texas.

 

The initial term is 40-year beginning at 12:00:00 a.m. on May 1, 2022 (“Effective Date”) for a monthly fee of $4,179.27, plus one option to extend for 10 years.

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