Leon Valley
TX

Resolution
17-032R

Discuss and Consider Possible Action on the Leon Valley Cafe Lease Extension

Information

Department:AdministrationSponsors:
Category:Agreement

Item Discussion

PURPOSE

 

The purpose of this item is to extend the lease to the Leon Valley Cafe for four (4) years. 

 

SEE LEON VALLEY

 

Social:  The cafe brings a good quality restaurant to Leon Valley on Evers Road near a central location (library, park, etc.)

 

Environmental Stewardship: The cafe brings with it, the option for residents to walk or bike to the location and if they do, a 5% discount is given. This assists with less vehicles on the roadways and more citizens biking and walking.  

 

Economic Development: The renovation of the Kinman House and the construction of a 380 agreement with the Leon Valley Cafe has been a successful economic development project in the City of Leon Valley.  

 

FISCAL IMPACT

 

In the original lease agreement with a one (1) year term, the City received an annual base amount of $10,800.00 payable in twelve (12) equal monthly installment payments of $900.00.  With this amendment the City will receive $1,800 per month lease for the four year extension period. After the extension period, the lease will be renegotiated. The total lease amount to the City of Leon Valley over the four (4) year period will be $86,400.00.

 

STRATEGIC GOALS

 

Economic Development: The renovation of the Kinman House and the construction of a 380 agreement with the Leon Valley Cafe has been a successful economic development project in the City of Leon Valley. 

 

Document Comments

RECOMMENDATION

 

City Manager recommends lease extension. 

 

Body

A RESOLUTION AUTHORIZING THE EXTENSION OF THE LEON VALLEY CAFÉ LEASE AGREEMENT FROM ONE (1) YEAR TO FOUR (4) YEARS.

 

WHEREAS, the Leon Valley Café entered into a one (1) year Lease Agreement with the City of Leon Valley with a term beginning January 1, 2017 and ending January 1, 2018 for the city owned premises located at 6417 Evers Road, Leon Valley, Texas 78238; and

 

WHEREAS, the Leon Valley Cafe has been a successful economic development project in the City of Leon Valley; and

 

WHEREAS, the City will receive an additional $900 per month, totaling $1,800 per month for the four (4) year extension period; and

 

WHEREAS, the total lease amount to the City over the four (4) year period will be $86,400.00; and

 

WHEREAS, it is now the desire of the City of Leon Valley Council to authorize the extension of the Leon Valley Café Lease Agreement from one (1) year to four (4) years;

 

NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LEON VALLEY, TEXAS, THAT:

 

SECTION 1. The extension of the Leon Valley Café Lease Agreement from one (1) year to four (4) years is hereby authorized.

 

SECTION 2.              This Resolution shall become effective immediately upon passage by four (4) or more affirmative votes of the entire City Council; otherwise, said effective date shall be ten (10) days from the date of passage

 

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