Rally Credit Union Lease Amendment Recommended for Approval
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Description
The Airport Board recommended City Council approve Amendment No. 1 to the Rally Credit Union lease agreement. The amendment updates the Lessee’s name, reduces the ATM count to one, and adjusts the minimum lease fee to $500 per ATM with a $75 increase upon renewal, with a $3,000 rent reduction for the fiscal year. The lease runs through March 2027.
Contract Details
Contract Amount
$500 per ATM minimum lease fee; $75 increase upon renewal; $3,000 rent reduction for remainder of fiscal year
Vendor
RALLY CREDIT UNION
Agency
City of Corpus Christi city, TX
Contract Type
OTHER
Document Date
January 28, 2026
Contract Term
Lease expires March 2027
Renewal Date
2027-03-31
Renewal Info
Amendment provides updated name, ATM reduction, rent adjustment, and details a $75 per ATM fee increase upon lease renewal. Current lease expires March 2027; airport plans to seek new ATM vendor at expiration.
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