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7.d.
TCEDC Agenda
Meeting Date:
04/06/2023
Title:
Approval of Resolution 23-09, leasing the EDC-owned property located at 411 6th Street to Texas City Martial Arts and Fitness.
Submitted For:
Kristin Edwards
Submitted By:
Kristin Edwards, Economic Development
Department:
Economic Development

ACTION REQUEST (Brief Summary)

Approval of Resolution 23-09, leasing the EDC-owned property located at 411 6th Street to Texas City Martial Arts and Fitness.

BACKGROUND

The Economic Development Corporation owns the commercial property located at 411 6th Street in Texas City, and it is currently available for lease. Staff received an inquiry from Texas City Martial Arts and Fitness regarding available spaces for operation and recommended the location. The operators recently visited the space and determined it would be an ideal location for their business.
Pending approval by the EDC, staff recommends a three-year lease agreement between the EDC and Texas City Martial Arts and Fitness.
 

ANALYSIS

Staff recommends approval of Resolution 23-9, a lease agreement between the EDC and Texas City Martial Arts and Fitness for 411 6th Street.

ALTERNATIVES CONSIDERED

Attachments