AGENDA CAPTION:
Title
Consider approval of Resolution 2024-248R, approving a lease agreement with Becerra Corp., for the lease of city-owned property located at 201 South LBJ Drive; authorizing the City Manager, or her designee, to execute said lease agreement; and declaring an effective date.
Body
Meeting date: January 7, 2025
Department: Engineering & CIP
Amount & Source of Funding
Funds Required: None
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Fiscal Note:
Prior Council Action:
August 6, 2013 - City Council approved the purchase of 1.813 acres from Union Pacific Rail Road for a total purchase price of $423,305.00 under Resolution 2013-116)
May 1, 2018 - Council approved lease payment settlement under item ID#18-244
May 15, 2018 - Council approved new lease under Resolution 2018-78R
December 17, 2024 - Council postponed the lease agreement approval
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Background Information:
The attached lease agreement approves a 12-month ground lease with Becerra Corp, a Texas corporation, to continue leasing the property located at 201 South LBJ Drive. This lease follows a lease with the same tenant approved in 2018, which is continuing on a month-to-month basis until a new lease is signed....
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