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24-1155

An Ordinance authorizing the City Manager to execute a lease agreement between The Laredo International Airport and Freightsol, LLC, for approximately 157 square feet of office space, suite #130, located at 4719 Maher Avenue, Laredo, Webb County, Texas, on a property legally described as Block no. 1, of the Subdivision Plat of Laredo Airport according to the map or plat thereof recorded in Volume 5, Page 1, Plat Records of Webb County, Texas. The proposed lease term is for three (3) years commencing on August 1, 2024 until July 31, 2027. Initial monthly rent shall be $800.00 a month and will be adjusted annually according to changes in the Consumer Price Index (CPI); and providing for an effective date. There is no financial expenditure impact.

Introductory Ordinance Agenda Ready Introduced June 6, 2024
Committee
City Council
Requested by
Airport
Introduced
June 6, 2024
On agenda
June 24, 2024

Where it was heard

City Council Jun 24, 2024