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ACTION TAKEN: APPROVED
AN ORDINANCE AMENDING ORDINANCE NUMBERS 009918, 010482, 010544, 011098, 011779, 012468, 013481 AND 015805 WHICH ESTABLISHED AND AMENDED THE ANDY AND SYD COHEN STADIUM LEASE BETWEEN THE CITY OF EL PASO AND THE EL PASO DIABLOS, INC., WHICH WAS SUBSEQUENTLY ASSIGNED TO EL PASO BASEBALL CLUB, LLC, A LIMITED LIABILITY COMPANY WHICH HAS BEEN CONVERTED TO A TEXAS LIMITED PARTNERSHIP UNDER THE NAME EL PASO BASEBALL CLUB, LP, TO REVISE THE OBLIGATION TO PAY RENT AS SET FORTH IN SAID LEASE; TO APPROVE THE ASSIGNMENT OF LESSEE'S INTEREST TO EL PASO PROFESSIONAL BASEBALL, LP; ADD TWO OPTION PERIODS; DELETE REPORTING REQUIREMENTS, AND REMOVE RENTAL RATES CHARGED FOR OUTSIDE EVENTS BE APPROVED BY CITY COUNCIL. |
