Loading...
HomeMy WebLinkAbout033879 ORD - 02/24/2026Ordinance authorizing execution of a five-year lease agreement, with two five-year options, with Big Johnson Fuel & Lubricants, LLC, of Corpus Christi, Texas, for a marine fuel station at the Coopers Alley L- Head, in consideration of monthly lease payments of $500 for the first year, $500 a month plus $0.05 per gallon of all fuel sold thereafter, with a 10% increase in base rent after the first lease term, and an increase of 3% annually thereafter. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: The City Manager or designee is authorized to execute a five-year lease agreement, with two five-year options, with Big Johnson Fuel & Lubricants, LLC, of Corpus Christi, Texas, for a marine fuel station at the Coopers Alley L-Head, in consideration of monthly lease payments of $500 for the first year, $500 a month plus $0.05 per gallon of all fuel sold thereafter, with a 10% increase in base rent after the first lease term, and an increase of 3% annually thereafter. Introduced and voted on the I s I day of Fz_b(t),Ari, , 20 PASSED and APPROVED on the , Li day of F-'Z 4),(1'1/ , 20 Paulette Guajardo, ATTEST: ebecca Huerta, City Secretary 033819 SCANNED