CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM
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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 be authorized to sign a Fourth Amendment to a Fuel Site Lease Agreement between the City of El Paso ("Lessor") and Southwest Airlines Co. ("Lessee") for approximately 42,640 square feet of Airport-owned property used for fuel storage and a 1,000 square foot maintenance facility located at 7619 Boeing Dr., El Paso Texas.
Annual Rental Fees: 42,640 SF x $0.60 per SF per annum = $25,584.00. No rental adjustment is due at this time. This Fourth Amendment adds a one-year extension to the term of the lease, which would then expire on August 31, 2023.
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