2025-O-13
Authorizing the City Manager to execute a lease agreement between the City of Laredo and the Laredo Little Theater for a property located at 4802 Thomas Avenue, constituting of approximately 5,801 square feet of building space. Lease term shall be for five years commencing on the date of execution. Tenant is hereby granted two options to extend this lease for an additional five years per option upon mutual written agreement between both parties. The monthly rent shall be $900.00 and will be adjusted annually according to changes in the Consumer Price Index (CPI); providing for severability; and providing for an effective date.
What this record is
- Amount
- $900
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Real estate
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Requested by
- Airport
- Introduced
- January 3, 2025
- On agenda
- January 28, 2025