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
- January 10, 2036 9 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- amendment
- 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
- Information Services & Telecommunication
- Introduced
- December 17, 2025
- On agenda
- February 2, 2026
Where it was heard
City Council City CouncilWatch what Laredo buys
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