File #: 22-1094    Version: 1 Name:
Type: Resolutions Status: Agenda Ready
File created: 8/22/2022 In control: City Council
On agenda: 8/30/2022 Final action:
Title: That the City Manager, or designee, is authorized to sign a Lessor's Approval of Assignment on Butterfield Trail Industrial Park Lease by and between the City of El Paso, Alamo Properties Joint Venture a Texas Joint Venture, and JQBC Spur, L.L.C., regarding the following described property: A portion of Lot 8, Block 12, Butterfield Trail Industrial Park, Unit Three, El Paso International Airport City of El Paso, El Paso County, Texas (approximately 199,436 SQ FT), commonly known as 34 Spur Drive, El Paso, Texas. Term beginning on January 01, 1989 ("Effective Date"), and ending on December 31, 2028 for an annual rent fee of $48,522.72 or $4,043.56 per month.
Attachments: 1. LAA JQBC SPUR LLC ALAMO PROP JOIN VENT
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CITY OF EL PASO, TEXAS

LEGISTAR AGENDA ITEM SUMMARY FORM

 

 

DISTRICT, DEPARTMENT, CONTACT INFORMATIOn:

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Details

District 3

Airport, Sam Rodriguez, (915) 212-7301

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AGENDA LANGUAGE:

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Title

That the City Manager, or designee, is authorized to sign a Lessor's Approval of Assignment on Butterfield Trail Industrial Park Lease by and between the City of El Paso, Alamo Properties Joint Venture a Texas Joint Venture, and JQBC Spur, L.L.C., regarding the following described property: A portion of Lot 8, Block 12, Butterfield Trail Industrial Park, Unit Three, El Paso International Airport City of El Paso, El Paso County, Texas (approximately 199,436 SQ FT), commonly known as 34 Spur Drive, El Paso, Texas.

 

Term beginning on January 01, 1989 ("Effective Date"), and ending on December 31, 2028 for an annual rent fee of $48,522.72 or $4,043.56 per month.

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