HomeMy WebLinkAbout033519 ORD - 12/03/2024Ordinance authorizing assignment and renewal of a five year ground lease with
Longyards Development, LLC for a 3.89-acre City -owned tract of land located on
the former Hala Pit Landfill, next to the City's vehicle impound yard off of
Greenwood Drive, and authorizing an annual rental fee of $10,000.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS:
SECTION 1. That the City Manager or designee is hereby authorized to execute an assignment
of the current ground lease with Longyards Development, LLC for the annual rental fee of
$9600.00 for the remaining term of October 1, 2024 to September 30, 2025.
SECTION 2. That the City Manager or designee is hereby authorized to execute a five-year
ground lease with Longyards Development, LLC for 3.89-acres of land located next to the City's
Vehicle Impound Yard off of Greenwood Drive, out of a 25.06-acre tract of city land formerly
known as the Hala Pit Landfill, to be used for storage and approving the cash rental fee of
$10,000.00 per year for the five-year term of October 1, 2025 to September 30, 2030.
SECTION 3. This ordinance is effective upon final approval by the City Council, in compliance
with the City Charter of the City of Corpus Christi.
Introduced and voted on the \C%day of IUO`l-BMW , 2024.
PASSED and APPROVED on the 3 4 day of neeefyibeE, , 2024.
OF CORPUS CHRISTI
Paulette Guajardo
Mayor u City Secretary
ATTEST:
Re.ecca Huerta
033519
SCANNED