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HomeMy WebLinkAboutC2024-042 - 3/18/2024 - NA FARM LEASE RENEWAL AGREEMENT WITH MATT DANYSH FARMS, INC. WHEREAS, the City of Corpus Christi (“City”) and Matt Danysh Farms, Inc. (“Lessee”) entered into a lease (“Lease”), authorized by Ordinance No. 031475 to allow farming on 692.35 acres on Airport property (Exhibit A); WHEREAS, the Lease allows the lease term to be renewed upon one additional three-year term upon agreement between the City and Lessee; WHEREAS, the Lease expired September 30, 2023, and Lessee has requested to renew the Lease for the additional three-year term under the renewal clause (Exhibit B); and WHEREAS, Lessee has already remitted lease paymentof $73,278.32 for the first year of the renewal term that runs from October 1, 2023 to September 30, 2024. NOW THEREFORE, the Lease between the City and the Lessee authorized by Ordinance No. 031475 is renewed for an additional three years. 1.The term of the Lease is extended from October 1, 2023, through September 30, 2026. 2.The leased property is a 692.35-acre tract of land located at the Corpus Christi International Airport. 3.All other conditions and requirements of the Lease remain unchanged. CITYOFCORPUSCHRISTIMATT DANYSH FARMS, INC. Heather Hurlbert,Russell L. Jungmann, Assistant City ManagerPresident Date:Date: Approved as to form: Assistant City Attorney forMilesRisley, CityAttorney