HomeMy WebLinkAbout031056 ORD - 01/31/2017 Ordinance authorizing the City Manager or designee to execute a five-
year lease agreement with Buccaneer Commission for the use of Tex
Mex Railroad Depot located at 1800 block of Chaparral Street, in
consideration of rental payments of$600 per month increasing to $750
per month in third year and $900 per month in fourth year; and
providing for options to extend for up to two additional five-year terms
with rental rates to be increased each five-year term by ten percent.
Be it ordained by the City Council of the City of Corpus Christi, Texas:
SECTION 1. That the City Manager or his designee is authorized to execute a five-
year lease agreement with the Buccaneer Commission for the use of Tex Mex
Railroad Depot located at 1800 block of Chaparral Street, in consideration of rental
payments of $600 per month, increasing to $750 per month in year 3 of the lease
and $900 per month in year 4 of the lease, with options to extend for up to two
additional five-year terms with rental rates to be increased each five-year term by
ten percent. A copy of the Agreement is on file with the City Secretary.
That the foregoing ordinance was r-ad for the first time and passed to its second
reading on this the AL-I-T "ay of ,41 g au----t- , , 2017, by the following vote:
n-M-cetttevn VAC(L2 i Ben Molina a '
Rudy Garza Lucy Rubio ' t
Paulette Guajardo CI Greg Smith
Michael Hunter L.t / Carolyn Vaughn1_ ,
Joe McCombAi.v_____ 1
That the foregoing ordin nce was read for the second time and passed finally on this
the 3\ day of al -C.I , 2017, by the following vote:
Dan-McQueen \I OC,L - Ben Molina I 1
'Dor. —
Rudy Garza 0 ° Lucy Rubio
Paulette Guajardo gd.1 Greg Smith �/rr
Michael Hunter 1, Carolyn Vaughn /I
Joe McComb L.A 1
4W
PASSED AND APPROVED, this the 3 I day ofA , 2017.
ATTEST:
la-C, Jt9,(,._ 1-- Z ;C:
Rebecca Huerta Carolyn Va ghn
City Secretary Mayor Pro Tem
031050 INDEXED