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2024-O-136

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.

Final Readings Agenda Ready Introduced July 2, 2024

What this record is

Held by
Avis Budget Car Rental 5 records across this site
Amount
$8K
Runs until
July 31, 2027 333 days — goes back out to bid date quoted from the award document
Type
contract
Field
Real estate

See everything else expiring in this field →

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 Brazoria County, TX Actions related to the Non-exclusive On-airport Rental Car Concessions Agreements at Fresno Yosemite International Airport (FAT). The potential revenu… $24.2M Fresno, CA ends Feb 27, 2031 Actions related to the Request for Proposals to manage and operate Non-exclusive On-airport Rental Car Concessions at Fresno Yosemite International Ai… $24.2M Fresno, CA ends Jul 2, 2030 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… Saint Paul, MN
Committee
City Council
Requested by
Airport
Introduced
July 2, 2024
On agenda
July 22, 2024

Where it was heard

City Council Jul 22, 2024