docketcity.com
2025-O-63

Authorizing the City Manager to execute a hangar lease agreement between the City Of Laredo and Signature Flight Support, LLC, for a property located at 5513 Thomas Avenue, known as Hangars 1 & 2, constituting of approximately 14,702.18 square feet of hangar space. Lease term shall be for nine years commencing on the date of execution. The monthly rent shall be $4,291.00 and will be adjusted annually according to changes in the Consumer Price Index (CPI).

Final Readings Agenda Ready Introduced March 21, 2025

What this record is

Amount
$4K
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
March 21, 2025
On agenda
April 22, 2025

Where it was heard

City Council Apr 22, 2025 City Council Apr 7, 2025