HomeMy WebLinkAboutContract 36524-R1CITY SECRETARV., lk Z -
CONTRACT NO•
RENEWAL AGREEMENT
CITY SECRETARY CONTRACT NO.36524
FORT WORTH SPINKS AIRPORT
HANGAR LEASE AGREEMENT
HANGAR 32
This RENEWAL AGREEMENT ("Lease") is made and entered into by and between
the CITY OF FORT WORTH ("Lessor"), a home rule municipal corporation organized under
the laws of the State of Texas, acting by and through FERNANDO COSTA, its duly authorized
Assistant City Manager, and HLP AVIATION, LLC ("Lessee"), acting by and through Harry
Phillips, its duly authorized agent.
Recitals
The following statements are true and correct and form the basis of this Agreement:
A. Lessor and Lessee entered into City Secretary Contract ("CSC") No. 36524, a
Hangar Lease Agreement for the lease and use of real property known as Hangar
32 ("Leased Premises") at Fort Worth Spinks Airport ("Airport").
S. CSC No. 36524 was executed for afive-year term with one (1) five (5) year
option to renew. The original five-year term expired on September 30, 2012.
C. Lessee hereby requests to exercise the option to renew. In accordance with the
provisions of the Lease, the Lessee has properly exercised its option to renew the
Lease for a five (5) year period.
Agreement
1. The Lease is hereby renewed and extended for a term of five (5) years, commencing on
October 15 2012 and expg on September 0
2. All other terms and conditions of the Lease shall remain in full force and effect.
Renewal Agreement
HLP Aviation, LLC -Hangar 32
Page 1 of 3
[Signature Pages to Follow]
12-21-12
P03:4"i IN
IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiples
on this the 71Y day of �41, CZ&,C4 , 2012.
CITY OF FORT WORTH:
Fernando Costa
Assistant City Manager
Date:
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 the foregoing instrument, 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 UNDER MY HAND AND SEAL OF OFFICE this
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NlYC066MISSIONEXPIRES
% ' . a 4;; Fehray 2, 2014
APPROVED AS TO FORM
AND LEGALITY:
By. 'L _ �L
Charlene Sancrcrs
Assistant City Attorney
Approved:
Renewal Agreement
HLP Aviation, LLC -Hangar 32
Page 2 of 3
Notary Public in and for the State
ATTEST:
By:
City Secretary
day
exas
LESSEE:
HLP AVIATION, LLC
By:
Harry Millips
Duly Authorized Agent
Date: IMN . d to I
STATE OF TEXAS
COUNTY OF
ATTEST:
By:
BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on
this day personally appeared Harry Phillips known to me to be the persons whose name is
subscribed to the foregoing instrument, and acknowledged to me that the same was the act of HLP
Aviation, LLC and that he executed the same as the act of HLP Aviation, LLC for the purposes
and consideration therein expressed and in the capacity therein stated.
UNDER MY HAND AND SEAL OF OFFICE this day
l 'Ntrc r- . Zola.
CHRISTINA F. BUSH
MY COMMISSION EXPIRES
August 14, 2013
Renewal Agreement
HLP Aviation, LLC -Hangar 32
Page 3 of 3
Notary Public in and for the State of Texas
City of Fort Worth, Texas
COUNCICACTIDN: Approved on 1211812012
DATE: Tuesday, December 18, 2012
LOG NAME: 55FWS HLPAVIATION RENEW
REFERENCE NO.: **C-26023
SUBJECT:
Authorize Execution of Five -Year Options to Renew Hangar Lease Agreements with HLP Aviation, L.L.C.,
for Lease Sites 28 and 32 at Fort Worth Spinks Airport (COUNCIL DISTRICT 8)
RECOMMENDATION:
It is recommended that the City Council authorize the execution of five-year options to renew Hangar
Lease Agreements with HLP Aviation, L.L.C., for lease sites 28 and 32 at Fort Worth Spinks Airport.
DISCUSSION:
On January 8, 2008, (M&C C-22608) the City Council authorized the execution of City Secretary Contract
(CSC) No. 36523, a Hangar Lease Agreement, with HLP Aviation, L.L.C. (HLP), for Hangar Site 28 at Fort
Worth Spinks Airport (Spinks). Hangar Site 28 consists of 2,900 square feet of unimproved ground spaces y
and a 5,100 square foot hangar. CSC No. 36523 contained afive-year term with one five-year option to
renew.
On January 8, 2008, (M&C C-22609) the City Council also authorized the execution of CSC No. 36524, a
Hangar Lease Agreement, with HLP for Hangar Site 32 at Spinks. Hangar Site 32 consists of 2,392.50
square feet of improved ground space, 8,512.50 square feet of unimproved ground space and a 9,240
square foot hangar. CSC No. 36524 contained afive-year term with one five-year option to renew.
The original terms of both leases expired September 30, 2012. The lessee, HLP Aviation, L.L.C., timely
exercised its options to renew each of these leases. The renewal terms will be effective October 1, 2012,
to coincide with the established Schedule of Rates and Charges (Schedule), and end September 30,
2017.
In accordance with the Schedule, Hangar Site 28, at a hangar rate of $1.2608 per square foot and an
unimproved ground rate of $0.1816 per square foot, will generate revenue of approximately $6,956.72
annually or $579.73 monthly. Hangar Site 32, at a hangar rate of $1.2608 per square foot, an unimproved
ground rate of $0.1816 per square foot, and an improved ground rate of $0.20 per square foot will
generate revenue of approximately $13,674.16 or $1,139.51 monthly.
Rental rates shall be subject to an increase on October 1st of any given year to reflect the upward
percentage change, if any, in the Consumer Price Index for the period since the last adjustment. All
Agreement terms will be in accordance with City and Aviation Department policies.
The property is located in COUNCIL DISTRICT 8.
FISCAL INFORMATION /CERTIFICATION:
The Financial Management Services Director certifies that the Aviation Department is responsible for the
Logname: SSFWS HLPAVIATION RENEW Page 1 of 2
collection and deposit of funds due to the City.
FUND CENTERS:
TO Fund/Account/Centers
PE40 491052 0551201
PE40 491312 0551201
PE40 491352 0551201
CERTIFICATIONS:
Submitted for City Manager's Office by:
Originating Department Head:
Additional Information Contact:
478.50
$18,079.87
2 072.51
ATTACHMENTS
1. 55FWS HLPAVlATION RENEW Exhibit.
FROM Fund/Account/Centers
Fernando Costa (6122)
Bill Welstead (5402)
Jonnie Huitt (5409)
(Public)
Logname: SSFWS HLPAVIATION RENEW Page 2 of 2