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HomeMy WebLinkAbout033705 ORD - 07/29/2025Ordinance authorizing an amendment to the lease with Ocean Air Center, LLC to amend the term to add two one-year renewals and add an escalation of the base rent by 3% per annum. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS, THAT: City Manager or designee is authorized to execute Amendment No. 2 to the lease with Ocean Air Center, LLC to amend the term to add two one-year mutual renewals and add an escalation of the base rent by 3% per annum upon renewal. Introduced and voted on the day of ` lk\ , 2025. P SED - • d APPROVED on the 9'day of ` L:r _ , 2025 AT tte Guajardo, Rebecca Huerta, City ecretary 033705 SCANNED CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: July 22, 2025 Legistar Number: 25-1054 Agenda Item: Ordinance authorizing an amendment to the lease with Ocean Air Center, LLC to amend the term to add two one-year renewals and add an escalation of the base rent by 3% per annum. Amount Required: $0.00 Fund Name Accounting Unit Account No. Activity No. Amount Total ®Certification Not Required Director of Financial Services Date: 7 2 5 -..S