Commissioners Court Meeting

Issue viewing agenda items? Click here to switch to the old format.

Return to the Minutes Page

Meeting Date:	11/14/2022
Lease Renewal - Laurel Properties
Submitted for:	Maria Silva	Submitted By:	Maria Silva
Department:	Water Utilities

Subject:

Discussion and possible action to approve a Two year (2yr.) lease extension between F.D. Laurel Properties, LLC., as Lessor, and Webb County, as Lessee, for their Economic Development Department Home Office site at a monthly rental of $3,502.00 per month, described as Lot 3, Block 232; together with the parking area on the West 1/3 of Lot 1, Block 232, Western Division, City of Laredo, Webb County, Texas commencing December 1, 2022 thru November 30^th, 2024, with two year renewal option and authorizing the Webb County Judge to sign any and all relevant documents; and any other matters incident thereto. [Account #1001-1130-001-444100 (Space Rental General Operating Fund)]

Background:

N/A

Previous Court Action:

N/A

Fiscal Impact

Budget Account Number:	1001-1130-001-444100
Funding Source:	Space Rental
Balance:	$65,328.35
Financial Impact:
General Operating Fund 1001-1130-001-444100 Space Rental Account Monthly Rent: $3,502.00 Annual Rent: $42,024.00 Current Balance: $65,328.35

Attachments
Lease Agreement
Item #14i - Lease Agreement FD Laurel Jr Properties LLC - Executed