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AI# 11208
Regular City Council Meeting
5.21.
12/13/2022:
Information
Agenda Item
Resolution - Aviation:
Consider a resolution authorizing the Mayor to execute Amendment No. 3 to Contract 15038, with Webber, LLC, to extend the contract term and rental rate for the land lease agreement at Lubbock Preston Smith International Airport.
Item Summary
Webber, LLC entered into a land lease agreement with the City of Lubbock on November 19, 2019, to place a temporary office site during the I-27 road construction project. Webber, LLC was granted the right to utilize 45,000 square feet of land on the east side of Lubbock Preston Smith International Airport through June 30, 2021.
Amendment No. 1 to the land lease agreement extended the term to December 31, 2021.
Amendment No. 2 to the land lease agreement extended the term to December 31, 2022.
Amendment No. 3 will extend the land lease agreement until December 31, 2023, and increase the rental rate to reflect current land lease rates.
Fiscal Impact
This amendment will provide an additional $12,140.84 in revenue.
Staff/Board Recommending
Bill Howerton, Deputy City Manager
Kelly Campbell, Executive Director of Aviation
Airport Advisory Board
Attachments
Resolution Webber Amendment 3
Webber Amendment 3
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