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20-10036

Resolution authorizing an Economic Development Agreement and Ten-Year Tenant Lease with Option to Renew for three Five-Year Terms with Milkshake, LLC (or related assignee), for the Operation of Three Restaurants at EpicCentral for $25 rent per square foot for years 1-5 and incrementally increasing up to $35 per square foot for years 21-25 and 20% of Net Operating Income

Resolution Adopted Introduced May 27, 2020

What this record is

Held by
Milkshake, LLC
Runs until
May 27, 2030 4 years away date calculated from a contract term stated in the record, not quoted directly
Type
contract
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 Attorney
Introduced
May 27, 2020
On agenda
June 16, 2020
Passed
June 16, 2020
Enacted
June 16, 2020
Enactment no.
RES 5092-2020

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