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HomeMy WebLinkAbout032709 ORD - 03/29/2022Ordinance authorizing a 5 -year lease agreement with Landry's Seafood and Steak House - Corpus Christi Inc. to operate a restaurant on Peoples Street T -Head with monthly payments of $7,950 through March 2023; $8,427 through March 2024; and $9,000 through March 2027, or 2.75% of monthly gross sales, whichever is greater, with effective date of April 1, 2022. 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 5 -year lease agreement with Landry's Seafood and Steak House - Corpus Christi Inc. to operate a restaurant on Peoples Street T -Head with monthly payments of $7,950 through March 2023; $8,427 through March 2024; and $9,000 through March 2027, or 2.75% of monthly gross sales, whichever is greater, with effective date of April 1, 2022. That the foregoing ordinnce was read for the first time and passed to its second reading on this the `,;:).1,(1 day of W1.c:,f-c , 2022, by the following vote: Paulette M. Guajardo Roland Barrera Gil Hernandez Michael Hunter Billy Lerma ,(- John Martinez Ben Molina Mike Pusley Greg Smith n n. That the foregoing ordinance was read for the second time and passed finally on this the a`14\`` day of f`'l,ukct,V\ 2022, by the following vote: Paulette M. Guajardo Roland Barrera Gil Hernandez Michael Hunter Billy Lerma 0 3 2 7 John Martinez Ben Molina Mike Pusley Greg Smith SCANNED PASSED AND APPROVED on this the .a' day of Iri-0.rc.11 , 2022. ATTEST: Rebecca Huerta City Secretary 0000•00•1100 0.• EFFECTIVE DATE I ._ ._._ _ v.-; 032709 3 Paulette M. Guajardo Mayor 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: March 22, 2022 Legistar Number: 22-0312 Agenda Item: Ordinance authorizing a 5 -year lease agreement with Landry's Seafood and Steak House — Corpus Christi Inc. to operate a restaurant on Peoples Street T -Head with monthly payments of $7,950 through March 2023; $8,427 through March 2024; and $9,000 through March 2027, or 2.75% of monthly gross sales, whichever is greater, with effective date of April 1, 2022. Amount Required: Fund Name Accounting Unit Account No. Activity No. Amount Marina Fund 4700-888-35300 323000 Total ® Certification Not Required D1rdctor of Financial Services Date: 3W), D