AGENDA CAPTION:
Title
Consider approval of Resolution 2015-69R, approving a three year extension of a Property Use Agreement between the City and Texas State University for the City's use of a parking area downtown and Texas State University's use of a parking area along Charles Austin; authorizing the City Manager to execute this agreement on behalf of the City; and declaring an effective date.
Body
Meeting date: June 16, 2015
Department: City Manager
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
CITY COUNCIL GOAL: Economic Development - Workforce and Educational Excellence
BACKGROUND:
In 2003, the City Council approved a Property Use Agreement with Texas State University, under which the City authorized the University to use designated parking areas along Charles Austin Drive and Texas State authorized the City to use designated parking areas behind Fire Station 1 downtown.
The Agreement was renewed and extended through August 31, 2015.
The parties wish to renew and extend the Agreement for an additional three year term effective September 1, 2015.
Staff recommends that the Agreement be extended.