DEPARTMENT: Center City Operations & Development Department
DEPARTMENT HEAD: John Jacks
COUNCIL DISTRICTS IMPACTED: 1
SUBJECT:
Market Square Amendments
SUMMARY:
Consideration of an ordinance related to leases at El Mercado in Market Square, authorizing the following actions:
A. Execution of a lease amendment with Karlos Imports to assign lease agreement to Maria Trinidad Traylor dba Little Bit Of Texas #2.
B. Execution of a lease amendment with Texas Star to assign lease agreement to Jose Robledo dba Memories of Mexico.
BACKGROUND INFORMATION:
The City of San Antonio owns and manages Market Square, a unique and historic public market place that plays a vital role in the life, culture and economy of San Antonio. Market Square, with a retail history dating back to the nineteenth century, provides a unique and authentic Mexican Market experience, offering retail sales, holiday celebrations, and year round entertainment. There are 56 businesses in the Farmers Market, 33 in El Mercado and 14 in Market Square Plaza, ranging from cafes to shops specializing in local, regional and Latin American products.
On June 23, 2011, City Council passed Ordinance No. 2011-06-23-0571, which authorized extensions to all Farmers Market and El Mercado leases until June 30, 2014. The ordinance also provided the City the option to renew all the Farmers Market and El Mercado leases for an additional three-year period until June 30, 2017 and a subsequent two-year period until June 30, 2019. The City has exercised its first option to extend the Farmers Market and El Mercado agreements until June 30, 2017.
Carlos Ferreyro dba Karlos Imports currently operates a store in El Mercado specializing in Mexican products made from onyx. Mr. Ferreyro now wishes to assign his lease to Ms. Traylor, who has successfully operated a Mexican imports and regional products store in Farmers Market since 2001. Al and Mary Alice Medina dba Texas Star currently operate a jewelry stor...
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