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2024-O-240

Approval of a First Amendment to Rooftop license agreement between Pinnacle Towers III, LLC, a Delaware limited liability company, and the City of Laredo for the use of space at the Hamilton Hotel for the purposes of IT connectivity. The initial term of this agreement will be five years commencing on July 31, 2024 and ending on July 30, 2029; term shall automatically extend for two renewal periods of five years each unless either party provides written notice to the other of its election not to renew 180 days prior to the end of the current term. Rent shall be 718.92 cents per month with a CPI increase on every anniversary of such date thereafter.

Final Readings Agenda Ready Introduced October 7, 2024

What this record is

Held by
Pinnacle Towers III, LLC
Runs until
July 30, 2029 3 years away date quoted from the award document
Type
amendment
Field
Construction

construction 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
Information Services & Telecommunication
Introduced
October 7, 2024
On agenda
November 18, 2024

Where it was heard

City Council Nov 18, 2024 City Council Oct 28, 2024

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