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Supporting Materials
A Resolution to authorize the City Manager to sign a Southern Industrial Park Site Lease between the City of El Paso ("Lessor") and The Croucher Family Ltd. Partnership ("Lessee") for all of Lots 7, Block 7, El Paso International Airport Tracts, Unit 2, City of El Paso, El Paso County, Texas municipally known and numbered as 7505 Lockheed, El Paso, Texas. The lease term is 40 years with 1 ten-year option. The site is 30,825 square feet at $0.52 per square feet and the annual rental rate is $16,029.00. The previous rate per square feet was $0.1672; the current annual rental rate is an increase of $10,875.06.
Files
PDF Document  A Resolution to authorize the City Manager to sign - 04161903.1.pdf