PRESENTER: Presenter
Matthew Eckmann, Assistant Director of Public Works
Body
SUBJECT: Title
Approval of an amendment to the lease agreement between the City of New Braunfels and New Braunfels Waterpark, LLC.
Header
DEPARTMENT: Public Works
Body
COUNCIL DISTRICTS IMPACTED: Council District 5
BACKGROUND INFORMATION:
The City (Lessee) and New Braunfels Waterpark, LLC (Lessor) entered into a lease agreement dated May 1, 2021 for the use of property owned by Lessor adjacent to the City Tube Chute and Weir Dam. In exchange for this lease, the City concurrently leased property to the Lessor off of Elizabeth Avenue for parking.
ISSUE:
There is a need for the City to have better maintenance access to the banks of the Comal River, so a request was made to the Lessor to extend this easement to include maintenance access through their property back to San Antonio Street as depicted in the exhibit attached. The Lessor has agreed.
STRATEGIC PLAN REFERENCE:
☐Economic Mobility ☒Enhanced Connectivity ☐Community Identity
☐Organizational Excellence ☐Community Well-Being ☐N/A
[Enter Objectives/Performance Measures Supported]
FISCAL IMPACT:
There is no monetary consideration included in the original lease or the amendment.
Recommendation
RECOMMENDATION:
Staff recommends approval of this lease amendment.