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HomeMy WebLinkAboutContract 50844-T1 CITY SECRETARY 2 3 4 56 CONTRACT NO. l' P doh' � Q ,P, AGREEMENT TERMINATING LEASE �A� J FORT WORTH AVIATION DEPARTMENT ADMINISTRATION BUILDING OFFICE LEASE �b FORT WORTH MEACHAM INTERNATIONAL AIRPORT This AGREEMENT TERMINATING LEASE ("Agreement") is made and entered into by and between the CITY OF FORT WORTH ("Lessor"), a home rule municipal corporation under the State of Texas, acting by and through Fernando Costa, its duly authorized Assistant City Manager, and THE MYERS INVESTMENT GROUP, LLC ("Lessee"), acting by and through DOUGLAS R. MYERS. RECITALS The following introductory provisions are true and correct and form the basis of this Agreement: A. Lessor previously entered into an Administration Building Office Lease Agreement ("Lease") at Fort Worth Meacham International Airport (the "Airport") known as City Secretary Contract No. 50844 on June 5, 2018 with The Myers Investment Group, LLC. All defined terms used in this Agreement that are not otherwise defined herein shall have the meaning as set forth in the Lease. B. Lessor and Lessee have decided to cancel and terminate the Lease and it is the intention of Lessor and Lessee to effect the cancellation of the Lease by this instrument. THEREFORE, in consideration of the covenants and agreements contained below, and of the release and surrender by Lessee of the Lease and all of its rights in it and all of its rights in and to Premises, of the release by Lessor of all Lessee's obligations under the Lease, and for other valuable consideration, the receipt and sufficiency of which are acknowledged here, the parties to this Lease agree as follows: AGREEMENT 1. TERMINATION OF THE LEASE. The Lease is hereby terminated effective as of August 7, 2018 ("Effective Date"). Lessee and Lessee's heirs and assigns hereby forever releases, quitclaims, and surrenders to Lessor the Lease and all rights of Lessee in and to the Premises. Lessee and Lessee's heirs further RELEASE, ACQUIT, AND FOREVER DISCHARGE Lessor and Lessor's agents, servants, employees and all other persons from any and all claims, demands, or causes of action of any kind whatsoever against Lessor which Lessee may have now, Agreement Terminating Lease Fort Worth Meacham International Airport OFFICIAL RECORD Administration Building—Myers Investment Group, LLC Pae 1 of 4 CITY SECRETARY Ft.WORTH,TX known or unknown, existing, directly or indirectly attributable to the Lease or this Agreement. 2. SURRENDER OF PREMISES. Within 30 days following the Effective Date, the Premises shall be vacated of all trade fixtures, tools, machinery, equipment, materials and supplies, furniture, and personal property ("Tenant Property"). By entering into this Agreement, Lessee hereby agrees that any Tenant Property remaining after this 30 day period shall become property of the Lessor, and this Agreement constitutes a bill of sale for same to Landlord. 3. NOTICES TO LESSEE AFTER EFFECTIVE DATE. All notices to Lessee after the Effective Date shall be addressed as follows: The Myers Investment Group, LLC Attention: Doug Myers 478 Harleysville Pike Harleysville, PA 1943 8 Agreement Terminating Lease Fort Worth Meacham International Airport Administration Building—Myers Investment Group,LLC Page 2 of 4 IN WITNESS WHEREOF, thees hereto executed this Agreement Terminating Lease in multiples on this the*`day of , 2018. CITY OF FORT WORTH: By: �� f=�� Fernando Costa Assistant City Manager Date: 8[3 IS STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Fernando Costa, known to me to be the person whose name is subscribed to this Agreement Terminating Lease, and acknowledged to me that the same was the act of the City of Fort Worth and that he executed the same as the act of the City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNYER MY HAND AND SEAL OF OFFICE this ,3.-Q( day „c,cus4 , 2018. pra.1* TRIKINYA L. JOHNSON s20:' ,:Notary Public, State of Texas :Qi Comm. Expires 04-17-2022 '�.; Notary ID 1238632-0 '"T' '+ Notary P lic in d for the � �`` State of Texas SOF F®RTS APPROVED AS TO FORM ATTEST: N AN GALITY: U By: By: ige Meb e Mary J. ys (gS Assistant City Attorney City Secretary M&C: Not Required [OFFICIAL RECORlD Agreement Terminating Lease ITY ancRamyFort Worth Meacham International Airport •WQ �Administration Building—Myers Investment Group, LLC ,_ P ge 3 of 4 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 require Leasing Coordinator i Printed Name LESSEE: THE MYERS INVESTMENT GROUP,LLC By: DOW LA R. Date: /or any STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared DOUGLAS R. MYERS, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of THE MYERS INVESTMENT GROUP, LLC., and that he executed the same as the act of THE MYERS INVESTMENT GROUP, LLC for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UN MY HAND AND SEAL OF OFFICE this < day , 2018. ra��., ANNE MARIE STOWE �P.....e n Notary Public, State of Texas Not Public in an or the State of Texas ': 'QZ Comm. Expires 05-01-202 2 5 01 2022 .,� •oF•t�`. Notary ID 459765 Agreement Terminating Lease Fort Worth Meacham International Airport Administration Building—Myers Investment Group, LLC Page 4 of 4