File #: 23-412    Version: 1 Name:
Type: Resolutions Status: Agenda Ready
File created: 3/20/2023 In control: City Council
On agenda: 3/28/2023 Final action:
Title: That the City Manager, or designee, is authorized to sign a Ground Lease Agreement by and between the City of El Paso ("Lessor") and ELP Land Holdings I, LLC, ("Lessee") regarding the following described property: Parcel 1: A 49.6116 acre parcel of land situated within the corporate limits of the City of El Paso, El Paso County, Texas as a portion of Section 21 and 22, Block 80, Township 2 Texas and Pacific Railway Company Surveys, except the 37,474.5 square feet well house which is not part of this parcel; Parcel 2: A 47.4248 acre parcel of land situated within the corporate limits of the City of El Paso, El Paso County, Texas as a portion of Section 21 and 22, Block 80, Township 2 Texas and Pacific Railway Company Surveys; Parcel 3: A 49.5435 acre parcel of land situated within the corporate limits of the City of El Paso, El Paso County, Texas as portions of Section 22, Block 80, Township 2 Texas and Pacific Railway Company Surveys except the 7,124.416 well house and the 5,266.7...
Attachments: 1. Packet - Ground Lease for ELP Land Holdings LLC - 03-28-2023 REV, 2. CC #4 - Ground Lease ELP Land Holding 1, LLC, 3. 3-28-23 FULLY EXECUTED- ELP LAND HOLDINGS LLC
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CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM


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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, or designee, is authorized to sign a Ground Lease Agreement by and between the City of El Paso ("Lessor") and ELP Land Holdings I, LLC, ("Lessee") regarding the following described property:

Parcel 1: A 49.6116 acre parcel of land situated within the corporate limits of the City of El Paso, El Paso County, Texas as a portion of Section 21 and 22, Block 80, Township 2 Texas and Pacific Railway Company Surveys, except the 37,474.5 square feet well house which is not part of this parcel;

Parcel 2: A 47.4248 acre parcel of land situated within the corporate limits of the City of El Paso, El Paso County, Texas as a portion of Section 21 and 22, Block 80, Township 2 Texas and Pacific Railway Company Surveys;

Parcel 3: A 49.5435 acre parcel of land situated within the corporate limits of the City of El Paso, El Paso County, Texas as portions of Section 22, Block 80, Township 2 Texas and Pacific Railway Company Surveys except the 7,124.416 well house and the 5,266.786 square foot well collector which is not part of this parcel;

Parcel 4: A 61.0592 acre parcel of land situated within the corporate limits of the City of El Paso, El Paso County, Texas as a portion of Section 22, Block 80, Township 2 Texas and Pacific Railway Company Surveys

and that City Manager, or designee, is authorized to sign any and all documents related and/or necessary to effectuate the leasing of the property, and administratively approve non-material amendments unrelated to term or rental amount as may be required to administer the Lease.

The initia...

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