24-1516
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