7.a.
TCEDC Agenda
- Meeting Date:
- 04/06/2023
- Title:
- Discussion regarding Resolution 23-06, approving a sublease at 522 6th Street North to Songwriters Across Texas LLC-Big Easy Saloon #3.
- Submitted For:
- Kristin Edwards
- Submitted By:
- Kristin Edwards, Economic Development
- Department:
- Economic Development
ACTION REQUEST (Brief Summary)
Discussion regarding Resolution 23-06, approving a sublease at 522 6th Street North to Songwriters Across Texas LLC-Big Easy Saloon #3.
BACKGROUND
The Economic Development Corporation owns the commercial property located at 522 6th Street North in Texas City, and has dedicated significant financial support to its renovation. The property is currently leased to another leasee from the EDC, but is not currently in use.
In an effort to bring an active business into the space, the current leasee is proposing a sub-lease agreement with Songwriters Across Texas, who, if approved, would operate a restaurant/bar and music lounge in the existing space.
In an effort to bring an active business into the space, the current leasee is proposing a sub-lease agreement with Songwriters Across Texas, who, if approved, would operate a restaurant/bar and music lounge in the existing space.
ANALYSIS
Staff recommends approval of Resolution XXXX, consenting to sublease and assumption of a lease agreement between the current leasee, the EDC, and Songwriters Across Texas LLC- Big Easy Saloon #3.