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HomeMy WebLinkAbout031950 ORD - 12/10/2019 Ordinance consenting to and ratifying an assignment of the On- Airport Rental Car Concession and Lease Agreement ("Agreement") from Coastal Bend Rent-A-Car, Inc. (dba Avis Rent A Car), and South Texas Auto Rental Services, LLC (dba Budget Rent A Car), to Avis Budget Car Rental, LLC. WHEREAS, the City of Corpus Christi ("City") executed an Agreement with Coastal Bend Rent-A-Car, doing business as Avis Rent A Car, and South Texas Auto Rental Service, LLC, doing business as Budget Rent A Car, effective October 1, 2019; WHEREAS, Avis Rent A Car and Budget Rent A Car have each assigned their respective rights and interests in the Agreement to Avis Budget Car Rental, LLC ("Avis Budget"), and desire to obtain the City's consent to and ratification of the assignment and assumption, by Avis Budget, of all duties, obligations, privileges, and benefits set out in the Agreement. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI TEXAS: SECTION 1. All content included in the preamble of this ordinance is incorporated by reference as if set out here in its entirety. SECTION 2. The City Council, pursuant to Article IX, Section 4, of the City Charter, and the provisions of the Agreement, consents to and ratifies the assignment and assump- tion of the Agreement from Avis Rent A Car and Budget Rent A Car to Avis Budget Car Rental, LLC, effective 12:01 a.m., October 3, 2019. Furthermore, the City Manager, or his designee, is authorized to execute all documents among the parties related to the assignment and assumption of the Agreement, including an estoppel certificate, if needed. A copy of the assignment and assumption document is incorporated by reference as if set out here in its entirety. The foregoi g ordinanc re=the as rethe first time and passed to it's second reading on this the .= day of ficver , 2019, by the following vote: Joe McComb Michael Hunter Roland Barrera Ben Molina Rudy Garza G e Everett Roy Paulette M. Guajardo Greg Smith A Gil Hernandez s,Q, 031. 950 SCANNED The foregoing ordinance was read for the second time and passed finally on this the /GIL day of t,?,,,,,, ) ,,- , 2019, by the following vote: Joe McComb Michael Hunter Roland Barrera a Ben Molina re---'9.--- Rudy Garza 0,, Everett Roy Paulette M. Guajardo !4, Greg Smith Iz.._ Gil Hernandez PASSED AND APPROVED on this the / day of 0-e-ee is, i-- , 2019. ATTEST: a ,../ALA..../,. -L Re.ecca Huerta Jo- Comb City Secretary M.: 031950 Page 2 of 2