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Kennedale EDC authorizes manager to negotiate 3-year lease with Southpointe Constructors
Summary
The Kennedale Economic Development Corporation unanimously authorized the city manager to negotiate a lease with Southpointe Constructors for two EDC-owned properties, approving a 3-year term (then month-to-month), a $1,500 monthly rent per property and vendor responsibility for cleanup of vehicle fluids; final contract will incorporate city attorney redlines.
The Kennedale Economic Development Corporation on a unanimous vote on the consent calendar authorized the city manager to negotiate a lease with Southpointe Constructors for two EDC-owned properties, with the lease returning to the city attorney for final approval.
Daryl (City Manager) told the board he had secured an increase in rent from $1,000 to $1,500 per month for each property after prior direction…
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