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HomeMy WebLinkAboutC2023-260 - 12/11/2023 - NA THIRD EXTENSTION AND AMENDMENT NO. 3 TO THE PARKING LOT LEASE AGREEMENT BETWEEN THE CITY OF CORPUS CHRISTI AND SINISTER, LLC This Extension and Amendment No. 3 amends the Lease Agreement (Lease) between the City of Corpus Christi (City) and Sinister Off Road, LLC (Lessee) regarding the lease for a parking lot located at 1401 Leopard Street. WHEREAS, the City of Corpus Christi and Sinister Off Road, LLC entered into a lease agreement for a parking lot located at 1401 Leopard Street on November 18, 2020, and effective on January 4, 2021. WHEREAS, the City of Corpus Christi and Sinister Off Road, LLC wish to extend this lease for the third of the four additionally authorized one-year periods. NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1) Section 1 of the Lease is amended to reflect the following: The term of this Lease Extension is for one year, beginning on January 4, 2024. 2) Section 2 of the Lease is amended to reflect the following: The Lessee agrees to pay the City the sum of $300.00 per month as rent. 3) All other terms and conditions of the previously executed Lease between the parties which are not inconsistent herewith shall continue in full force and effect. Each party to this Agreement has caused it to be executed on the date indicated below, both of which hereby represent that the signatures to this Agreement, below, are of those persons with the capacity and authority to legally bind the parties. Signatures on next page. SCANNED EXECUTED this i 1111\day of CQ hy((, 2023, by the authorized representative of the parties. City of Corpus Christi Sinister Off Road, LLC By: Pe4erloron, 40;Name: Name: _ „ ,, , ,,,r • Title: Cl ^?/ fje r- Title: Otai p� Date: )2 . 11. 23 Date: ) Z/1 / JZ-3 Approved as to Legal Form on //'f1. of 2023: av-A4- Adelita Cavada, Assistant City Attorney Attorney for the City Attorney