city of San Antonio


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File #: 21-2516   
Type: Real Property Lease
In control: City Council A Session
On agenda: 4/29/2021
Posting Language: Ordinance approving a lease agreement with Texas Air Museum, Inc. for a building and 76,154 square feet of ground space located at 1234 99th Street at Stinson Municipal Airport. The initial term is one year with the option to extend for four, one-year terms and will generate at least $1,800.00 in annual revenue for the Airport Operating and Maintenance Fund. [Jeff Coyle, Assistant City Manager; Jesus Saenz, Director, Aviation]
Indexes: Aviation Lease Agreements, Aviation Stinson
Attachments: 1. Agreement, 2. Contract Disclosure Form, 3. Map, 4. Ordinance 2021-04-29-0277
DEPARTMENT: Aviation


DEPARTMENT HEAD: Jesus H. Saenz, Jr., IAP


COUNCIL DISTRICTS IMPACTED: Citywide


SUBJECT:

Texas Air Museum Lease Agreement with Stinson Municipal Airport


SUMMARY:

This ordinance approves a lease agreement with Texas Air Museum, Inc. for a building and 76,154 square feet of ground space located at 1234 99th Street at Stinson Municipal Airport. The initial term is one year with the option to extend for four, one-year terms and will generate at least $1,800.00 in annual revenue for the Airport Operating and Maintenance Fund.


BACKGROUND INFORMATION:

Texas Air Museum, Inc. has been a tenant of Stinson Municipal Airport since 1999 and is located at 1234 99th Street. The Texas Air Museum is a non-profit organization that focuses on the history of aviation in Texas and San Antonio. The museum features vintage aircraft from World War II and focuses on the early period and golden-age of aviation including an emphasis on the Stinson family, and a dedication to telling the story of San Antonio's vital role in the development of military air power. The museum has office space and a gift shop.

The initial term of the lease agreement is for one year with an option to extend for four, one-year periods. The leasehold includes 76,154 square feet of ground space and 32,964 square feet of building space.


ISSUE:

Approval of this action is consistent with the City's policy to lease City-owned property to generate revenue. This ordinance approves a lease agreement with Texas Air Museum, Inc. for a building and 76,154 square feet of ground space located at 1234 99th Street at Stinson Municipal Airport. Revenue generated for the lease agreement will be deposited into the Airport Operating and Maintenance Fund.



ALTERNATIVES:

City Council could direct staff to issue Request For Proposals to identify other potential lessees for the building and ground space. However, this action would require the Texas Air Museum to relocate to a new location. T...

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