Authorizing the City Manager to execute a lease agreement between the City of Laredo and I35 Church for a property located at 1705 E Hillside, Laredo, Texas 78041, legally described as a building of approximately 15,483. Lease term shall be for five years commencing on April 1, 2025. Tenant is hereby granted two options to extend this lease for an additional five years per option upon mutual written agreement between parties. The monthly rent shall be $4,189.00 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

$4K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

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

February 14, 2025

On agenda

March 17, 2025

Where it was heard

City Council Mar 17, 2025 City Council Mar 3, 2025 close and introduce Pass

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