STRATEGIC PRIORITY: Quality of Life
AGENDA DATE: February 24, 2021
COUNCIL DISTRICT(S): 10
DEPARTMENT: Department of Sanitation Services
EXECUTIVE: Joey Zapata
______________________________________________________________________
SUBJECT
title
Authorize (1) a five-month lease agreement with Texas Instruments Incorporated (TI) for approximately 22.3044 acres of land located at 8700 Lyndon B. Johnson Freeway for use as a temporary storm debris staging area following the October 20, 2019 tornado event for the period October 23, 2019 through March 19, 2020, for and in consideration of rent in form of performance by City either (a) to restore the Premises to condition prior to City's use; or (b) to pay TI a restoration payment for TI to restore the Premises to condition prior to City's use; (2) an addendum to the lease agreement to provide for City's election to either restore the property or remit a restoration payment to TI to repair and restore the premises to its condition prior to its use by the City of Dallas; and (3) an increase in appropriations in an amount not to exceed $810,583.00 in the Sanitation Operation Fund - Not to exceed $810,583.00 - Financing: Sanitation Operation Fund
body
BACKGROUND
This action retroactively (i) authorizes a five-month lease agreement with TI for approximately 22.3044 acres of land located at 8700 Lyndon B. Johnson Freeway as a temporary storm debris staging site for the period October 23, 2019 through March 19, 2020 for and in consideration of rent in form of performance by City either (a) to restore the Premises to condition prior to City's use; or (b) to pay TI a restoration payment for TI to restore the Premises to condition prior to City's use; and (ii) authorizes an addendum to the lease agreement to provide for City's election to either (a) restore the property or (b) remit a restoration payment to TI to repair and restore the premises to its condition prior to its use by the City of Dallas; both (a) and (b) are in c...
Click here for full text