An Ordinance of the City Council of the City of Laredo, Texas, authorizing the Community Development Department, subject to the approval of the City Manager and/or his designee, to administratively establish, revise, and adjust rental rates for certain City-owned senior housing and affordable housing properties; requiring advance written notice to tenants of rental rate increases; authorizing the City Manager and/or his designee to execute lease amendments and related documents; providing for se

Staff Report & Agenda Item Details

An Ordinance of the City Council of the City of Laredo, Texas, authorizing the Community Development Department, subject to the approval of the City Manager and/or his designee, to administratively establish, revise, and adjust rental rates for certain City-owned senior housing and affordable housing properties; requiring advance written notice to tenants of rental rate increases; authorizing the City Manager and/or his designee to execute lease amendments and related documents; providing for severability; and providing for an effective date. There is no immediate fiscal impact associated with adoption of this ordinance.