HomeMy WebLinkAboutResolution Central City Local Government Corporation (CCLGC) FWCCLGC-2024-01RESOLUTION NO. FWCCLGC-2024-01
CENTRAL CITY LOCAL GOVERNMENT CORPORATION
RESOLUTION
OF THE BOARD OF DIRECTORS
Whereas, the Central City Local Government Corporation ("CCLGC) owns 320-space
garage serving Magnolia Green workers and visitors and broader Magnolia Village area
("Magnolia Green Garage");
Whereas, Hemphill Hospitality, LLC plans to build a hotel on an adjacent lot to the
Magnolia Green Garage; and
Whereas, Hemphill Hospitality, LLC desires to lease a portion of the Magnolia Green
Garage parking spots for valet parking services.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CENTRAL CITY LOCAL GOVERNMENT CORPORATION:
1. The CCLGC is hereby authorized to execute a Lease Agreement with Hemphill
Hospitality, LLC to lease a portion of the Magnolia Green Garage.
2. This Resolution takes effect from the date of its adoption.
Adopted this June 25, 2024.
7By:
ILD61os Flores
President
Attest:
Jannette Goodall
Corporate Secretary