DEPARTMENT: Center City Development & Operations
DEPARTMENT HEAD: John Jacks
COUNCIL DISTRICTS IMPACTED: Council District 4
SUBJECT:
Lease Agreement with John and Marlene Crespo for property located at 4802 Morey Rd.
SUMMARY:
This ordinance authorizes the execution of a lease agreement with John H. and Marlene T. Crespo for a five-year term for the property located at 4802 Morey Rd. located in Council District 4.
BACKGROUND INFORMATION:
The property, located at 4802 Morey Rd., is part of several hundred acres acquired by the City of San Antonio in 1996 as part of a negotiated settlement with the Van de Walle family. Providence Commercial Real Estate Services has listed the property for lease since 2012 with no viable interest. As a result of the listing, John H. and Marlene T. Crespo will lease the property, which includes a 4,770 square foot warehouse building, for a five-year lease term. The proposed tenant will operate a vehicle repair facility with a primary focus on the repair and maintenance of food trucks. The tenant, at its sole cost and expense, will be responsible for repairing the property to ensure code compliance to include obtaining a Certificate of Occupancy. The necessary improvements and ongoing maintenance costs will be the responsibility of the tenant. In consideration for the tenant's initial renovation expenditure, the City will not require the payment of rent for the first 7.5 months of the lease term. Additionally, the City has agreed to facilitate the process to rezone the property from its current zoning of Industrial (I-1) to Light Industrial (L) in order to accommodate the proposed use, which is currently not permitted by I-1 zoning. The proposed Light Industrial zoning provides for a more restrictive, less intense use of the property than the current I-1 zoning. Due to the property's close proximity to the Kelly Field runway, the United States Air Force was consulted and has provided approval and...
Click here for full text