2026-O-17
Authorizing the City Manager to execute a First Amendment to Ground Lease Agreement (“First Amendment”) by and between the City of Laredo (“Landlord”), a Texas municipality and SBA Steel LLC, a Florida limited liability company (“Tenant”), dated January 10, 2006 for the construction of a 140’ self-supporting tower and equipment building for the purpose of providing cellular services; and attached hereto; to extend the term of the lease one additional, five year term commencing January 10, 2031; with an additional three, five year terms. Rent shall increase from $39,799.00 to $45,000.00 per year with a four percent escalation; all other terms and conditions remain in full force and effect.
What this record is
- Held by
- SBA Steel LLC
- Runs until
- December 17, 2030 4 years away calculated from the contract term stated in the record
- Type
- amendment
- Field
- Real estate
See everything else expiring in this field →
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Requested by
- Information Services & Telecommunication
- Introduced
- December 17, 2025
- On agenda
- February 2, 2026