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24-622

That the City Manager be authorized to sign a Standstill Extension Agreement between the City of El Paso; the U.S. General Services Administration (“GSA”); the El Paso Infrastructure Collaborative, LLC (“EPIC”); and the Jose and Carmen Silva Family Limited Partnership (“Silva FLP”), preserving the terms and conditions of the existing lease and sublease agreements between the parties regarding the properties adjacent to the Stanton International Bridge (the “Stanton DCL Properties”); and extending the Standstill Agreement previously entered into by the parties for a period ending upon the earlier of the GSA’s acquisition of Stanton DCL Properties or May 18, 2025.

Resolutions Agenda Ready Introduced April 22, 2024

What this record is

Held by
El Paso Infrastructure Collaborative, LLC
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
amendment
Field
Real estate

real estate 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
April 22, 2024
On agenda
May 7, 2024

Where it was heard

City Council May 7, 2024

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