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2024-O-132

An Ordinance authorizing the City Manager to execute a lease agreement between The Laredo International Airport and Freightsol, LLC, for approximately 157 square feet of office space, suite #130, located at 4719 Maher Avenue, Laredo, Webb County, Texas, on a property legally described as Block no. 1, of the Subdivision Plat of Laredo Airport according to the map or plat thereof recorded in Volume 5, Page 1, Plat Records of Webb County, Texas. The proposed lease term is for three (3) years commencing on August 1, 2024 until July 31, 2027. Initial monthly rent shall be $800.00 a month and will be adjusted annually according to changes in the Consumer Price Index (CPI); and providing for an effective date. There is no financial expenditure impact.

Final Readings Agenda Ready Introduced July 2, 2024

What this record is

Held by
Laredo International Airport and Freightsol, LLC
Amount
$800
Runs until
July 31, 2027 286 days — goes back out to bid date quoted from the award document
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 Council
Requested by
Airport
Introduced
July 2, 2024
On agenda
July 22, 2024

Where it was heard

City Council Jul 22, 2024

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