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20-6133

Ordinance consenting to the assignment and assumption agreement of the lease agreement from Tesoro Companies, Inc. to SB Hangar LLC at the San Antonio International Airport for 170,494 square feet of ground space located at 10310 S. Terminal Drive and will not change the current rental rates. Per the agreement SB Hangar LLC agrees to pay $188,732.88 in annual rental until the lease expiration date of January 1, 2033. The rental fees will be deposited into the Airport Operating and Maintenance Fund. [Carlos Contreras, Assistant City Manager; Jesus Saenz, Director, Aviation]

Real Property Lease Passed Introduced October 15, 2020

What this record is

Held by
Tesoro Companies, Inc
Amount
$189K
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 A Session
Requested by
Aviation Department
Introduced
October 15, 2020
On agenda
December 3, 2020
Passed
December 3, 2020
Enacted
December 3, 2020
Enactment no.
2020-12-03-0850