SUBJECT
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Consideration to approve contract FY25-052 with Republic Parking System, LLC New York, NY in the amount of $766,061 for parking management services at the Laredo International Airport. The term of this contract shall be for a three (3) year term, and may be extended for two (2), additional one (1) year periods at the discretion of the Airport Director. Funding is available in the Laredo International Airport Operations Fund.
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VIVA LAREDO PLAN ALIGNMENT
Alignment Rating: Strong
Supporting goal(s)/policy(ies):
Goal 6.2: Ensure that Laredo's transportation system efficiently moves people and goods
* Policy 6.2.5: Maintain and improve access to the airport, including parking, circulation, and connections to ground transportation.
* Policy 6.2.8: Partner with private sector providers to improve airport facilities and services.
Goal 8.1: Strengthen Laredo's role as a global gateway for trade, travel, and commerce
* Policy 8.1.2: Invest in airport infrastructure that enhances the city's competitiveness and regional connectivity.
* Policy 8.1.4: Encourage public-private partnerships to support airport operations and related economic development.
Goal 9.2: Ensure that City operations are fiscally responsible and efficient
* Policy 9.2.2: Maximize revenues from city-owned facilities through effective management.
* Policy 9.2.4: Reduce risk and improve accountability by contracting specialized management where beneficial.
Summary of alignment: This contract aligns Strongly with Viva Laredo's Comprehensive Plan by supporting economic development, mobility efficiency, and airport operational sustainability. It ensures that parking - a critical component of airport access - is managed professionally, thereby enhancing user experience, supporting trade and tourism growth, and maintaining fiscal responsibility with city-owned assets.
PREVIOUS COUNCIL ACTION
09/15/2025 - Consideration to Award Top Ranking Company and enter Negotiations
BACKGROUND
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