(9)(b)
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 02/07/2024
- Title:
- Approval of Resolution 2024-017 Authorizing Lease Agreement With Boyd's Seafood Inc.
- Submitted For:
- Jon Branson
- Submitted By:
- Jon Branson, Management Services
- Department:
- Management Services
Information
ACTION REQUEST
Consider approval of Resolution 2024-017 authorizing a lease agreement with Boyd's Seafood Inc.
BACKGROUND (Brief Summary)
The City of Texas City has had a long-standing lease agreement with Boyd's Seafood Inc., formerly known as Boyd's One Stop, dating back to 2011, for the use of pier space on Texas City Dike piers as shown on Exhibit "A" of the attached proposed lease agreement. The term of the agreement is for a 5 (five) year time period with the option to extend for another 5 (five) year time period if agreed to by both parties. The initial term of the agreement would be retroactive from December 1, 2023, to November 30, 2028.
The cost of the monthly lease fee is $200 per month per lease space.
The cost of the monthly lease fee is $200 per month per lease space.
RECOMMENDATION
Staff recommends approval of the lease with Boyds Seafood Inc.