Authorize negotiation and execution of an amendment to the lease agreement with Open Lending LLC, a Texas limited liability company, for 25,368 square feet of office space in the City’s One Barton Skyway Building, part of two administrative office buildings to serve as a new Public Safety Headquarters for Austin Fire, Austin Police, and Austin-Travis County Emergency Medical Services, located at 1501 South MoPac Expressway, Suite 450, Austin, Texas 78746, that will establish an earlier lease exp

Staff Report & Agenda Item Details

Authorize negotiation and execution of an amendment to the lease agreement with Open Lending LLC, a Texas limited liability company, for 25,368 square feet of office space in the City’s One Barton Skyway Building, part of two administrative office buildings to serve as a new Public Safety Headquarters for Austin Fire, Austin Police, and Austin-Travis County Emergency Medical Services, located at 1501 South MoPac Expressway, Suite 450, Austin, Texas 78746, that will establish an earlier lease expiration date of December 31, 2026, and waive the base rent and other charges under the lease from April 1, 2026, through December 31, 2026, in the amount of $958,480. Funding: This item is projected to reduce revenue by $634,759 in Fiscal Year 2025-2026 and $323,721 in Fiscal Year 2026-2027 of the Operating Budget of Austin Facilities Management.