2025-O-64
Authorizing the City Manager to execute a lease agreement between the City Of Laredo, as Lessor, and MPL Wireless Solutions, LLC DBA RZ Communications, as Lessee, for the lease of Building No. 146 at Laredo International Airport, located at 4601 Maher Ave, Laredo, Texas, consisting of approximately 5,632 square feet of building space on a 21,217 square feet tract of land, for a term of five years commencing on May 1, 2025, and terminating on April 30, 2030, with two options to extend for five years each. Initial annual rental amount shall be $38,582.40, payable in equal monthly installments of $3,215.20, with rent subject to annual consumer price index (CPI) adjustments and fair market value adjustments every five years.
What this record is
- Amount
- $39K
- Runs until
- April 30, 2030 4 years away date quoted from the award document
- 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
- March 21, 2025
- On agenda
- April 22, 2025
Where it was heard
City Council City CouncilWatch what Laredo buys
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