File #: 22-1421    Version: 1 Name:
Type: Resolutions Status: Agenda Ready
File created: 10/20/2022 In control: City Council
On agenda: 11/8/2022 Final action:
Title: That the City Manager be authorized to sign a Temporary Land Use Lease by and between the City of El Paso ("Lessor") and ASC Technical Institute, LLC ("Lessee") regarding the following described property: A portion of Lot 4, Block 1-C, El Paso International Airport Tracts, City of El Paso, El Paso County, Texas consisting of 53,295 square feet of land and site improvements, municipally known and numbered as 6535 De Havilland, El Paso, Texas. The five (5) year initial month-to-month term begins on November 8, 2022 ("Effective Date") and ends no later than November 7, 2027. The monthly rental fee will be $1,954.15 per month. There are no options to extend the lease. The lease includes a provision that allows the City to terminate the lease at any time with sixty (60) days notice to the tenant.
Attachments: 1. 6535 De Havilland, 2. 11-08-22 FULLY EXECUTED - TEMPORARY LAND USE LEASE 6535 DE HAVILLAND ASC TECHNICAL INSTITUTE LLC
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CITY OF EL PASO, TEXAS

LEGISTAR AGENDA ITEM SUMMARY FORM

 

 

DISTRICT, DEPARTMENT, CONTACT INFORMATIOn:

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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 Temporary Land Use Lease by and between the City of El Paso ("Lessor") and ASC Technical Institute, LLC ("Lessee") regarding the following described property:  A portion of Lot 4, Block 1-C, El Paso International Airport Tracts, City of El Paso, El Paso County, Texas consisting of 53,295 square feet of land and site improvements, municipally known and numbered as 6535 De Havilland, El Paso, Texas.

 

The five (5) year initial month-to-month term begins on November 8, 2022 ("Effective Date") and ends no later than November 7, 2027. The monthly rental fee will be $1,954.15 per month. There are no options to extend the lease. The lease includes a provision that allows the City to terminate the lease at any time with sixty (60) days notice to the tenant.

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