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HomeMy WebLinkAboutContract 31689 FIRST AMENDMENT TO LEASE AGREEMENT 1 THE STATE OF TEXAS § COUNTY OF TARRANT § WHEREAS, the City of Fort Worth ("Lessor"), acting by and through its duly authorized Assistant City Manager and Vollie James Oliver made and entered into a 50 year Lease Agreement ("Lease") on February 9, 1982 for property described as Lot 38, Block 7 Lake Worth Lease Survey, aka 7809 Malaga; and WHEREAS Vollie James Oliver desires to add Sharon Oliver as an additional Lessee of the Leased Land; and WHEREAS, Sharon Oliver desires and agrees to become a "Lessee" under the Lease and be subject to all rights and obligations contained under the Lease; and WHEREAS, Lessor has platted or replatted the Leased Land since 1990 to correctly identify and describe the Leased Land; and WHEREAS, it is necessary to amend the Lease to include Sharon Oliver as a Lessee, to correctly identify the Leased Land and to include the legal description as shown on the plat or replat recorded by Lessor since 1990. NOW THEREFORE, Lessor and Vollie James Oliver and Sharon Oliver, acting herein by and through their duly authorized representatives, for and in consideration of the rent paid, the covenants and agreements to be performed, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, enter into the following agreement, which amends the Lease as follows: 1. The Lease is amended to provide that the Lessees of the Leased Land shall be Vollie James Oliver and Sharon Oliver("Lessee"). 2. Section I of the Lease is amended to provide that the Leased Land is comprised of Lot 38, Block 7, Lake Worth Lease Blocks in the City of Fort Worth, Tarrant County. Texas, the city of Fort Worth, Tarrant County Texas, as shown on the plat recorded in Cabinet A, Slide 6447, Plat Records, Tarrant County, Texas ("Leased Land") and as shown on the plat or replat attached to this First Amendment to Lease as Exhibit"A". Except as amended by this First Amendment, all of the terms and conditions of the Lease are ratified and remain in full force and effect. �- r O r TN^ • Amendment Original&New Lessee EXECUTED as of the !�/" day of , 200,5 . LESSOR ;rte CITY. FORT OR Marc A. Ott, A sista City Man ger ATTEST: AP ROVED AS TO FORM AND I ALI . City Secretary Assistant City Attorney LESSEE/ j Name of Le Vollie James Oliver � r Nam of Lessee Sharon Oliver STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the 2� day of ( , >J APil `j , 2007r, by Marc A. Ott, Assistant City Manager for the City of Fort Worth, a ifiunicipal corporation, on behalf of said corporation. yETTIE LANE Notary Public, State of Texas " MY co a MM�SSeOtd EXPI RES July 26, 20'0! STATE OF TEXAS § COUNTY OF TARRANT § CITY Amendment Original&New LesseeT. This instrument was acknowledged before me this the day of 2004, by Vollie James Oliver. LISA A. SCOTFORD * t MA'N'Y Public O � b STA t''OF TEXAS Notary Put of Tex �' my con•• Exp. 10✓0A3✓2007 STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of 2004, by Sharon Oliver. LISA A. SCOTFORD ('l1 Notary PubUC Notary Public, State of Texa * STATE OF TEXAS �4 pb NAY CWn.Ear. 10✓06/2007 CITY 8,11 iE1`,1 u Amendment Original&New Lessee' � , U ' EXHIBIT "A" PLAT OF REVISED LEASED LAND Lot 38, Block 7 Lake Worth Lease Blocks in the the City of Fort Worth, Tarrant County, Texas as shown on plat filed at Cabinet A Slide 6447, Plat Records, Tarrant County, Texas Attached Amendment Original&New Lessee � City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 12/16/2003 DATE: Tuesday, December 16, 2003 LOG NAME: 30LEGAL DESCRIP REFERENCE NO.: **L-13727 SUBJECT: Authorization of the Amendment of the Legal Descriptions of the Lease Lots for the Lake Worth Lease Survey Properties to Reflect the Legal Description of the Current Plats Filed by the City of Fort Worth RECOMMENDATION: It is recommended that the City Council authorize the amendment of the legal descriptions of the lease lots for the Lake Worth lease survey properties in Blocks 1-32 to reflect the legal descriptions of the current plats filed by the City of Fort Worth. DISCUSSION: The original Lake Worth lease survey was completed in 1956. Although the Lake Worth lease lots were surveyed at that time, no plats were recorded. The City is making available for sale currently leased residential lots that are or will be served by municipal water or sewer service. On February 19, 2002, (M&C L-13249), the City approved the Option to Purchase and Purchase Agreement, which will transfer eligible property to private ownership. In order to sell the property under the Option to Purchase and Purchase Agreement, the City must plat the residential properties. Platting the leased lots has resulted in changing some of the legal descriptions and the boundary lines. The leases must be amended to reflect the new legal descriptions as designated on the plat. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that this action will have no material effect on City funds. TO Fund/AccountlCenters FROM Fund/Account/Centers Submitted for City Manager's Office by: Marc Ott (8476) Originating Department Head: A. Douglas Rademaker (6157) Additional Information Contact: A. Douglas Rademaker (6157) LoFname: 30T.FGAT. T)F.RrRTP D- ' --r'