File #: 23-1444    Version: 1 Name:
Type: Resolutions Status: Agenda Ready
File created: 10/23/2023 In control: City Council
On agenda: 11/7/2023 Final action:
Title: That the City Manager, or designee, is authorized to sign a First Amendment to the Ground Lease Agreement by and between the City of El Paso, Texas, a municipal corporation existing under the laws of the State of Texas (the "Lessor"), and ELP Land Holdings I, LLC, a Delaware Limited Liability Company ("Lessee") to exclude 242,932.80 square feet of land to the property leased under the Ground Lease entered by the parties on March 28, 2023 and adjust the due diligence and rent commencement periods in the lease.
Attachments: 1. ELP Land Holdings, 2. CC 3 - First Amendment ELP Land Holdings, 3. 110723.3 - FULLY EXECUTED - 1ST AMENDMENT TO GROUND LEASE AGREEMENT
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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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Title

That the City Manager, or designee, is authorized to sign a First Amendment to the Ground Lease Agreement by and between the City of El Paso, Texas, a municipal corporation existing under the laws of the State of Texas (the “Lessor”), and ELP Land Holdings I, LLC, a Delaware Limited Liability Company (“Lessee”) to exclude 242,932.80 square feet of land to the property leased under the Ground Lease entered by the parties on March 28, 2023 and adjust the due diligence and rent commencement periods in the lease.

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