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, or designee, to sign a Lessor's Approval of Assignment by and between the City of El Paso ("Lessor"), El Paso Sun Park, LTD ("Assignor") and Mountain Pass Business Park, LP ("Assignee") for real property described as, all of Lot 2, Block 15, El Paso International Airport Tracts, Unit 11, City of El Paso, El Paso County, Texas, more commonly referred to as 1749 Hawkins, El Paso, Texas.
The initial term is forty (40) years plus one (1) additional option to extend for a period of ten (10) years and annual rent is $46,791.76.
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