City of Lubbock Agenda 2026-05-26
Jackson Retirement Investments granted 20-year street use license
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Description
The City of Lubbock plans to approve a 20‑year Street Use License with Jackson Retirement Investments allowing an awning and brick veneer facade to extend into the 9th Street and Avenue J right‑of‑way. Jackson Retirement Investments will pay $1,377.50 in advance for each 5‑year term of the agreement.
Contract Details
Contract Amount
$1,377.50 per 5-year period
Vendor
JACKSON RETIREMENT INVESTMENTS
Agency
City of Lubbock, TX
Contract Type
OTHER
Document Date
May 25, 2026
Contract Term
20-year license term, payable every 5 years in advance
Renewal Info
License term structured as four successive 5‑year periods up to 20 years, with fees payable every 5 years and either party able to terminate with written notice.
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