Item 26 Passed 10-0
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.
The city wants to amend its lease with Open Lending LLC, which rents about 25,368 square feet at the One Barton Skyway Building off South MoPac — a property the city is eyeing as a future Public Safety Headquarters for Austin Fire, Police, and Austin-Travis County EMS. The amendment would move up the lease's end date to December 31, 2026, and waive Open Lending's base rent and other charges from April through December 2026, clearing the space sooner. That waiver totals $958,480, which means less revenue for Austin Facilities Management — about $634,759 less in FY2025-2026 and $323,721 less in FY2026-2027.
The roll call
Approved on Consent 10-0
- Kirk Watson Mayor Yes
- Natasha Harper-Madison D1 Absent
- Vanessa Fuentes D2 Yes
- José Velásquez D3 Yes
- José "Chito" Vela D4 Yes
- Ryan Alter D5 Yes
- Krista Laine D6 Yes
- Mike Siegel D7 Yes
- Paige Ellis D8 Yes
- Zohaib "Zo" Qadri D9 Yes
- Marc Duchen D10 Yes