COPPERAS COVE — City officials decided Tuesday to terminate a lease agreement with O Le Oasis LLC, costing the city around $2,000 in rent.
According to city documents, O Le Oasis began renting a suite at 914 S. Main St. in June 2012. The city purchased the property in February 2013, and began asking tenants to leave so the location could serve as the new City Hall.
The city worked with each tenant independently to end existing leases and relocated businesses already housed in the multi-suite building, a city document stated.
However, O Le Oasis did not agree to terminate the existing lease and relocate; therefore, the city decided to have the company ride out its lease, which was set to expire June 30. Council members decided to terminate the lease in April after the company failed to pay three months’ rent.
“The tenant encountered operation issues and ultimately requested the city accept all rent payments made as payment in full in exchange for an early move out,” the document stated.
O Le Oasis, owned by Jeffery Tuiasosopo, was a company whose website said it sought to bring tourism and a possible hotel to the area. On Thursday, the website had been removed.
The city’s financial department relocated from 221 West Avenue D to O Le Oasis’s former location in early May.
The code compliance department moved into 221 W. Avenue D. The Cove Economic Development Corporation did not respond to requests for comment.
Contact Courtney Griffin at firstname.lastname@example.org or 254-501-7559