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24-1197

Ordinance approving 10-year renewal of the existing lease agreement with Padre Island Yacht Club of a lease of 2.89 acres of City property located near Whitecap Wastewater Treatment Plant and amending the lease to provide a new 5-year option to renew, in consideration of quarterly lease payments the greater of $2,500 per quarter or 5% of gross income from slip rentals and membership fees; and providing for publication and an effective date. (28-day delay required between readings)

Ordinance Passed Introduced July 17, 2024

What this record is

Held by
Padre Island Yacht Club
Amount
$3K
Runs until
July 17, 2034 8 years away date calculated from a contract term stated in the record, not quoted directly
Type
amendment
Field
Utilities & energy

utilities & energy contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Introduced
July 17, 2024
On agenda
November 19, 2024
Passed
January 14, 2025
Enacted
January 14, 2025
Enactment no.
033556

Where it was heard

City Council Jan 14, 2025 passed on second reading Pass City Council Nov 19, 2024 passed on first reading Pass

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