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LCUAS seeks lease of 1415 Chihuahua Street; staff briefed on $80,000 initial fund draw and spending deadline
Summary
The board discussed taking a lease for premises at 1415 Chihuahua Street to City Council, reviewed the process for requesting up-front grant funds (an $80,000 initial draw) and noted a September 30 spending/clearing deadline for the contract.
LCUAS staff and board members discussed a proposed lease for premises at 1415 Chihuahua Street and the timeline and documentation required to access program funds tied to repairs, payroll and supplies.
Staff said the recommendation is to take a lease to Laredo City Council covering only the premises (excluding the house) while the city completes assessments of the building. The board was told they can request an initial draw of up to $80,000 by…
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