25-973
A Resolution that the City Manager, or designee, is authorized to sign a Second 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 change the amount and timing of rent payments in Section 3.02 Commencement of Rent and Time of Payment, the title and language in Section 5.04 Certificate of Completion Deadlines, update the language in Section 10.06 Termination under Phased Development Lease to account for delays in the entitlement and utility phases of development, and update the Exhibits to reflect the changes made to the Agreement.
What this record is
- Held by
- ELP Land Holdings I, 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
- Requested by
- Airport
- Introduced
- August 1, 2025
- On agenda
- August 19, 2025
Where it was heard
City CouncilWatch what El Paso buys
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