HomeMy WebLinkAboutContract 46908-R1 � 2saae
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CONTRACT N0. 4
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March 31, 2017
Artes De La Rosa
1440 and 1444 North Main
Fort Worth,Texas 76164
Attn:Tanisia Castillo-Queppet
Re: First Lease Renewal for 1440 and 1444 North Main, Fort Worth,Texas 76164
City Secretary Contract#46908
Dear Ms. Castillo-Queppet:
This letter shall serve as notice that the City of Fort Worth and the Artes De La Rosa would
Iike to exercise the first option to renew the lease for the Rose Marine Theater,Annex
Building and the real property located at 1440 and 1444 North Main, Fort Worth,Texas
76164 effective August 1, 2017 to July 31, 2018.
Please have this notice signed by the appropriate party and return via email to
mark.brown@fortworthtexas.gov. for execution and the assignment of a contract number
in the Office of the City Secretary of Fort Worth. A fully executed copy will be returned to
you for your files.
In addition,per section 1.3 of the Lease Agreement, please send the following with the
signed renewal notice:
• A report outlining the use of and services provided by the Lessee under the terms of
the lease.
• Annual financial statement for the prior calendar year including IRS form 990.
If you have any questions regarding this information, please contact Mark Brown via phone
at 817.392.5197 or email at mark.brown@fortworthtexas.gov.
Regards,
Mark Brown
Land Agent
Real Property Division
Property Management Department
Fart Worth
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PROPERTY MANAGEMENT DEPARTMENT OFFICIAL REC+OR®
I REAL PROPERTY DIVISION ARY
THE CITY OF FORT WORTH*900 MONROE STREET,SUITE 404*FORT WORTH,TEXAS 76 0
1964.1993.2011 (817)392-7590 FT`1NORTH,TX
PAGE 1 OF2
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LESSEE: LESSOR:
CITY OF FORT WORTH ARTES D LA ROSA
By: By:
Jesus J. Chapa N e: W
Assistant City Manager T e:
APPROVEA,AS TO FORM AND LEGALITY:
U '101 UUZIIV� -
Leann D. G man
Assistant City Attorney
CONTRACT COMPLIANCE MANAGER
By signing, I acknowledge that I am the person responsible
for the monitoring and administration of this contract,including
ensuring all performance and reporting requirements.
Name:
Title:�/y10 1040-
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/M ry J. Kayser, City Secre y
Contract Authorization: M&C C-27400
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City Secretary Contracts#46908
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Fart Worth
PROPERTY MANAGEMENT DEPARTMENT
REAL PROPERTY D1vis1ON
THE CITY OC FORT WORTH*900 MONROE STREET,SUITE 404*FORT WORTH,TEXAS 76102
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Page 2 of 2
M&C Review Page 1 of 2
Official site of the City of Fort Worth,Texas
CITY COUNCIL AGENDA FORTIVORT1111
COUNCIL ACTION: Approved on 7/28/2015
DATE: 7/28/2015 REFERENCE C-27400 LOG NAME: 25ARTESDELAROSA2015
NO..
CODE: C TYPE: NON- PUBLIC NO
CONSENT HEARING:
SUBJECT: Authorize Execution of a Lease Agreement with the Artes De La Rosa for the Rose Marine
Theater and Annex Building Located at 1440 and 1444 North Main Street, Fort Worth
(COUNCIL DISTRICT 2)
RECOMMENDATION:
It is recommended that the City Council authorize the City Manager to execute a Lease Agreement
with Artes De La Rosa for two years with eight one-year options to renew for the Rose Marine
Theater and the Annex Building located at 1440 and 1444 North Main.
DISCUSSION:
In 1998, the City received a Section 108 loan from the U.S. Department of Housing and Urban
Development for development of the Mercado de Fort Worth project in the 1400 Block of North Main
Street. Part of the project was to renovate Roseland Theater, now called the Rose Marine Theater
(Theater), to be used as a cultural and community gathering place. On October 24, 2000, (M&C
L-12930) once the renovation of the theater was completed, the City entered into a five-year Lease
Agreement with the Latin Arts Association of Fort Worth (City Secretary Contract No. 26440) for
management services of the Theater.
On April 19, 2005, (M&C C-20667) the lease was terminated and a new lease was executed to
include the Annex Building (City Secretary Contract No. 32235) in the management services for a
period of three years with two one-year options. The lease expired in 2010 and has been held over
under the same terms and conditions.
In 2011, the Latin Arts Association of Fort Worth (LAA) changed its name to Artes De La Rosa
(ADLR). ADLR is a non-profit organization established to promote Latin arts and culture in the City
and to encourage the youth of the community to pursue a life in the arts. ADLR has requested a new
lease.
The proposed Lease Agreement with the ADLR will be for a period of two years with eight one-year
options to renew. ADLR will manage the Theater and the Annex Building and oversee its operation
and maintenance. The lease provides that the primary use of the building is to benefit low and
moderate-income citizens of Fort Worth. ADLR will pay rental of$1.00 per year to the City and the
City will subsidize the balance of the fair market rental at an estimated value of$179,554.00.
The Lease Agreement also provides that the City will be responsible for preventive maintenance and
major maintenance of the facility. ADLR will reimburse the City for the estimated cost of the
preventive maintenance on the basis of$4,000.00 annually, paid in four equal parts on August 1,
November 1, February 1 and May 1. This amount will increase annually with the August payment
based on prior year Consumer Price Index increases. The City will be responsible for major
maintenance including the building envelope and mechanical systems. The City will explicitly not be
responsible for theatrical lighting, curtains, sound, etc.
http://apps.cfwnet.org/council_packet/mc_review.asp?ID=21019&councildate=7/28/2015 8/4/2017
M&C Review Page 2 of 2
In addition to the Lease Agreement, the ADLR receives a grant of$50,000.00 per year through the
Arts Council for management of the facility.
This proposed project is located in COUNCIL DISTRICT 2.
FISCAL INFORMATION/CERTIFICATION:
The Financial Management Services Director certifies that Public Events will be responsible for the
collection and deposit of the yearly rent.
TO Fund/Account/Centers FROM Fund/Account/Centers
GG01 442001 0214020 $1.00
Submitted for City Manager's Office by: Susan Alanis (8180)
Originating Department Head: Kirk Slaughter(2501)
Additional Information Contact: Betty Tanner(2502)
ATTACHMENTS
http://apps.cfwnet.org/council_packet/mc review.asp?ID=21019&councildate=7/28/2015 8/4/2017