Posting Language
Title
Authorize negotiation and execution of an amendment to the lease with the Transportation Security Administration (TSA) to add two one-year extension options, and to provide for the issuance of a rent credit to TSA for reimbursement of costs incurred for remediation and site work on the leased premises, in an amount not to exceed $195,354. Funding: This item is projected to result in a reduction in revenue under this contract in the amount of $55,969 in the Fiscal Year 2024-2025 Aviation Department's Operating Budget.
De
Lead Department
Aviation
Fiscal Note
It is anticipated that the agreement as amended will reimburse TSA an estimated $195,354 over an eight-year term in the form of a rent credit for cost incurred by the tenant on behalf of the Department of Aviation. This item is projected to result in a reduction in revenue under this contract in the amount of $55,969 in the Fiscal Year 2024-2025 Aviation Department's Operating Budget. A fiscal note is attached.
For More Information:
Inquiries should be directed to Tracy Thompson, Airport Chief Officer - Business & External Affairs at tracy.thompson@flyaustin.com.
Council Committee, Boards and Commission Action:
Recommended for approval by the Austin Airport Advisory Commission on January 8, 2025.
Additional Backup Information:
Effective February 1st, 2023, the City of Austin and TSA adjusted TSA's leased site locations as amended by an additional 46,560 square feet of land for the relocation and placement of an office space trailer and an area for the K-9 explosive unit. The relocation was due to a forced move by the Department of Aviation and the Airport Expansion and Development Program (AEDP). TSA agreed to undertake the associated costs including surveying, design and engineering services, electrical site lighting, boundary modifications, exploratory work, hydrant flow tests, site correction review, electrical engineering review and design, and permitting fees. As in all for...
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