Members of the Amarillo City Council will considering approving a lease on a property formerly used by the Amarillo Economic Development Corporation and Ben E. Keith Distribution.
The City Council will vote Tuesday night to approve the lease of the property to GTM MANUFACTURING, LLC. GTM has been leasing the facility on a month-to-month basis from the City of Amarillo since August of 2017.
According to a memo from Andrew Freeman, Economic Development Manager, the City has plans to utilize the space at some point in the future and therefore will only be approving the lease for the remaining time needed.
If approved, GTM will begin leasing the property at a monthly rate of $11,263. The lease will last through 2019.
Members of the Amarillo City Council will meet Tuesday, October 31st in the Council Chambers of Amarillo City Hall (509 SE 7th Avenue). The meeting will begin at 5pm.
