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AI- 16723
21.I.2.
CC REGULAR
Meeting Date:
08/04/2009
Submitted For:
Nielda Cavazos
Submitted By:
Nielda Cavazos, PURCHASING DEPT.
Department:
PURCHASING DEPT.

CAPTION

Acceptance and approval of the final Lease with Option to Purchase Agreement for the, "Mediplex Office Complex," with Edinburg Real Estate Network Inc., as approved to award on CC 6/08/09. C-09-064-06-08 with monthly rental amount of $1.00/sq.ft. (not to exceed 25,928 sq.ft.) with the option to purchase price set at $2,850,00.00.

BACKGROUND

Projected occupancy date September 01, 2009. rc

Fiscal Impact

FISCAL YEAR:
2009
ACCT. #:
9-1100-415-00-115-002-0-441
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

$103,712.00 available balance as of 07/31/200.
Projected occupancy date: September 01, 2009. rc
Lease: $25,928.00/ month

Attachments

Form Review

Inbox Reviewed By Date
Purchasing / Internal msalazar 07/31/2009 01:24 PM
Budget and Management Erika Zamora 07/31/2009 01:35 PM
Auditor's Office 07/31/2009 05:18 PM
Form Started By:
ncavazos
Started On:
07/29/2009 02:29 PM
Final Approval Date:
07/31/2009