Ordinance authorizing a three-year lease with Elizondo Tennis Foundation, a Texas non-profit corporation, to lease the Al Kruse Tennis Center and the HEB Tennis Center, with two one-year renewal options, in consideration for a monthly percentage of net revenue to the City of 15% in year one, 20% in year two, and 25% in year three, or minimum monthly rent payments of $2,500.00 in year one, $2,625.00 in year two, and $2,765.25 in year three, whichever is greater. (6 votes required)

Committee

City Council

Introduced

August 30, 2024

On agenda

October 15, 2024

Passed

October 22, 2024

Enacted

October 22, 2024

Enactment no.

033495

Where it was heard

City Council Oct 22, 2024 passed on second reading Pass City Council Oct 15, 2024 passed on first reading Pass

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