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Home My WebLink About029742 ORD - 02/12/2013Page 1 of 2 Ordinance Authorizing the City Manager or designee to execute a Ground Lease with FDL — CC, LLC to lease land from the City of Corpus Christi at the Corpus Christi International Airport ( "Airport ") for the development of a facility to be occupied initially by the Department of Homeland Security, the United States Coast Guard, and Customs and Border Protection ( "Project "), to be located on land at the Airport, which Project will be subleased by FDL — CC, LLC to the General Services Administration ( "Government- Tenant "). Whereas, the City of Corpus Christi (City ") desires to enter into a Ground Lease ( "Lease ") with FDL — CC, LLC to lease land from the City at the Airport for the development, financing, and management of a facility approved by Resolution of the Committee on Transportation and Infrastructure of the U.S. House of Representatives to be occupied initially by the Department of Homeland Security, the United States Coast Guard, and Customs and Border Protection (Project), to be located on land at the Airport, which Project will be subleased by FDL — CC, LLC to the Government- Tenant; and Whereas, under the terms of the Lease, FDL — CC, LLC shall negotiate the terms, fund, design, construct, and provide ongoing management services for the Project; and Whereas, FDL — CC, LLC shall provide an annual payment to the City during the term of the Lease, which term shall be for twenty (20) years with four (4) additional five -year options; and Whereas, the annual payments to the City by FDL — CC, LLC shall include (i) the greater of $0.225 per square foot or $100,000 for years 1 — 20 of the Lease and appraised fair market value per square foot for optional years 21 — 40 of the Lease, and (ii) 51% of the rent paid under FDL — CC, LLC's sublease to the Government- Tenant, subject to reimbursement of excess rentals from revenues; and Whereas, the facility at the Airport would revert to the City at the expiration of the Lease; and Now, therefore, be it resolved and ordained by the City Council of the City of Corpus Christi, Texas: SECTION 1. The City Manager or designee is hereby authorized to execute a Ground Lease with FDL — CC, LLC to lease land from the City at the Airport for the development of the Project. That the foregoing ordi nce was r ad for the first time and passed to its second reading on this the 'ay of , 20 la by the following vote: ORDINANCE USCG LEASE 12 -18.12 029742 INDEXED Nelda Martinez Kelley Allen Rudy Garza Priscilla Leal David Loeb Chad Magill Colleen McIntyre Lillian Riojas Mark Scott Page 2 of 2 That the foregoing or 'n nce was read for thus cond time and passed finally on this the l`� 2 ay of O [ , by the following vote: Nelda Martinez Kelley Allen Rudy Garza Priscilla Leal David Loeb PASSED AND APPROVED, this the ATTEST: Chad Magill Colleen McIntyre Lillian Riojas Mark Scott (arh—g90—tr Armando Chapa City Secretary ORDINANCE USCG LEASE 12 -18 -12 Nelda Martinez Mayor 029742 State of Texas Count of Nueces } } PUBLISHER'S AFFIDAVIT CITY OF CORPUS CHRISTI Ad # 157320 PO # Before me, the undersigned, a Notary Public, this day personally came GEORGIA LAWSON, who being first duly sworn, according to law, says that she is LEGAL SALES REPRESENATIVE AND EMPLOYEE OF THE PUBLISHER, namely., the Corpus Christi Caller- Times, a daily newspaper published at Corpus Christi in said City and State, generally circulated. in Aransas, Bee, Brooks, Due val, Jim Hogg, Jim Wells, Kleberg, Live Oak, Nueces, Refugio, and San Patricio counties, and that the publication of NOTICE OF PASSAGE OF ORDINANCE NO. 0 which the annexed is a true copy, was inserted in the Corpus Christi Caller -Times on: CC- Corpus Christi Caller -Times CC- Internet - caller.com 02/17/13 Sun 02/17/13 Sun LEGAL SALES REPRESENTATIVE On this day of lirabv , 20 t J I certify th copy made by publisher. MICHELLE JOYCE CABRERA My Commission Expires. March 19, 2016 ached document is a true and exact 1c, 10E I February 17, 2013 I CALLER TIMES NoTice OF PASSAGE aF `` —. ORDINANCE.NO 029742 Authorizing the City Manager. or desiggnee to execute :`:_a Ground Lease with FDL CC, LLC to Lease land fromthe City of Corpus Christl at the 'Cor'pus;:Christi International: Airport for the development of a facility to be occupied initially .by the Department • of Homeland Se:curi , the United States Coast ward, „and Customs and Border protection to beIocated on ;.lalnd at.::the ., Airport which Projec( will be subleased by FDL - CC, LLC to the Gen eral .Services Administra- tion The annual payments to the City by FDL CC, LLC ,'sha include 1) the greater pf a 325 per square ft►ot "or $100,000 for Years 1 -..20 Of the'Leasie and appraised fair market value pper square foot for tl ional•Years 21 4 of he Lease, and 2).51% c the rent paid;.under FDL } CC-, LLG's sublease to the Goyer . nm ent Tenant, subject to reimbursement of excess rentals from revenues. This ordinance was passed and approved on' February 12, 2013 /s /Armando Chapa City Secretary j • CORPUS CHRISTI (LCatte 14 ime n Sales Rep: Felicia Lewis (C91) callercom Phone: (361) 886 -3714 Date: 01/24/13 Account Number: 172983 (CC 18438) Company Name: CITY OF CORPUS CHRISTI Contact Name: Email: lawsong @caller.com Address: PO BOX 9277, CORPUS CHRISTI, TX, 784699277 Phone: (361) 826 -3636 Fax: (000) 000 -0000 I agree this ad is accurate and as ordered. NOTICE OF PASSAGE OF FIRST READING Authorizing the City Manager or designee to execute a Ground Lease with FDL - CC, LLC to lease land from the City of Corpus Christi at the Corpus Christi International Airport for the development of a facility to be occupied initially by the Department of Homeland Security, the United States Coast Guard, and Customs and Border Protection to be located on land at the Airport, which Project will be subleased by FDL - CC, LLC to the Gen- eral Services Administra- tion. The annual payments to the City by FDL - CC, LLC shall include 1) the greater of $0.225 per square foot or $100,000 for Years 1 - 20 of the Lease and appraised fair market value per square foot for Optional Years 21 - 40 of the Lease, and 2) 51% of the rent paid under FDL - CC, LLC's sublease to the Government- Tenant, subject to reimbursement of excess rentals from revenues. This ordinance was passed on first reading on January 8, 2013. /s /Armando Chapa City Secretary Email: LewisF @caller.com This is a proof of your ad scheduled to run on the dates indicated below. Please confirm placement prior to deadline by contacting your account rep at . Ad Id: 147751 PO. No.: Total Cost: $181.35 Tag Line: NOTICE OF PASSAGE OF FIRST READING A Start Date: 01/26/13 Stop Date: 01/26/13 Number of Xs: 1 Class: 16130 - Legals Publications: CC- Corpus Christi Caller- Times, CC- Internet - caller.com Thank you for your business. 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