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HomeMy WebLinkAboutC2025-249 - 11/24/2025 - NA FOURTH EXTENSTION AND AMENDMENT NO. 4 TO THE PARKING LOT LEASE AGREEMENT BETWEEN THE CITY OF CORPUS CHRISTI AND SINISTER OFF ROAD, LLC This Extension and Amendment No. 4 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 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; and WHEREAS, the City and Sinister Off Road, LLC wish to extend this lease for the fourth of the four 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, 2025. 2) Lessee agrees to continue to pay the sum of$300.00 per month as rent. 3) All other terms and conditions of the previously executed Lease and Amendments thereto between the parties which are not inconsistent herewith shall continue in full force and effect. 4) Parties agree and understand that this Lease expires on January 3, 2026, and is the final extension under this Lease. Further, the Parties acknowledge and no further extensions shall be granted by City 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 City of Corpus Christi Sinister Off Road, LLC Name: Pt*( 2 Akto ki'I Name: )a w. �,s fPr Title: C ti A L444-4,)e.Y' Title: (wn...p.h_ Date: 11 1 -VI' 1 ?-a 2S Date: ) 2Li ) 2� Approved as to Legal Form on PHA of Tii'v" 'i21A. , 20 Assistant City Attorney