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 30th, 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