An Ordinance authorizing the City Manager to execute a rental car agency concession and lease agreement with Avis Budget Car Rental dba Avis and Budget, for the approximate 165 square feet of office and counter space located in car rental space #2 and 19 parking spaces located at 5210 Bob Bullock Loop at the Laredo International Airport. Lease term is for three (3) years commencing on August 1, 2024, and ending on July 31, 2027. Minimum Annual Guarantee (MAG) shall be $178,905 and rent for leased space shall be $8,393.52 annually; providing for an effective date. There is no financial expenditure impact.
What this record is
- Held by
- Avis Budget Car Rental 7 records across this site
- Amount
- $8K
- Runs until
- July 31, 2027 287 days — goes back out to bid date quoted from the award document
- Type
- contract
- Field
- Real estate
- Compared to
- $50K – $24.2M the middle half of 4 other Avis Budget Car Rental contracts; median $24.2M — this one sits well outside that, which a longer term or wider scope will do, but is worth reading
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.
Avis Budget Car Rental also holds
Agreement to Extend the Term of the Concession and Lease Agreement with Avis Budget Car Rental, LLC Request for Approval of a Lease Agreement with Avis Budget Car Rental, LLC to Operate Car Rental Services at the Santa Fe Regional Airport in the Amou… Actions related to the Non-exclusive On-airport Rental Car Concessions Agreements at Fresno Yosemite International Airport (FAT). The potential revenu… Actions related to the Request for Proposals to manage and operate Non-exclusive On-airport Rental Car Concessions at Fresno Yosemite International Ai… Approving and authorizing entering into a Lease Agreement with Avis Budget Car Rental, LLC for retail and parking space in the Block 19 Parking Ramp l…All 7 records for Avis Budget Car Rental →
- Committee
- City Council
- Requested by
- Airport
- Introduced
- July 2, 2024
- On agenda
- July 22, 2024
Where it was heard
City CouncilWatch what Laredo buys
This is one award. Laredo signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.
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