HCD staff: Rice parking lease will shrink by 37 spaces; landlord to pay modifications
Roxanne Lawson told the committee Rice is selling a portion of a leased lot at 2109 Travis and HCD will lose 37 parking spaces; Rice will pay for fencing, access, lighting and electrical rerouting and the city's rent will be prorated.
The full story
Roxanne Lawson presented a first amendment to HCD's 10‑year parking agreement with William Marsh Rice University covering lots at 2109 Travis and nearby Gray addresses. She said the landlord seeks to decrease the square footage leased to HCD because part of the parcel is being sold to a third party; as a result the city’s parking allocation will drop by 37 spaces and the annual rent will be reduced on a prorated basis.
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