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HomeMy WebLinkAboutContract 45229 CONTRACT NO, 1,Fj,k- S E X CY'R E E NI F N'T This H.'"ASE AG'R LI'[A fjNT(the "I case") is r-nade and etitered into as of 2013 by and between THE CITY OF 14,'ORT WORTH, a 'rexas nlUnicipal corporation ("Lessor") and, THE VIERTZ CORPORATK)N, a Delaw(are corporation ."'Lessee"),- WHEREASI, Lessor is the owner of real property located at 917 I'aylor Street, Fort Worth r 1exas which i's 1r1 ,proved with an office bUildinn and an attached parking garage known as the Municipal Parking Garage ('`Garage"), and a parking lot cornmonly known as the Motor Pool Lot at the same address (the ",iMotor Pool Lot") the office building and parking areas and the underlying land is collectively hereinafter rek-,irred to as the "Property"); WHEREAS, Lessee desires to lease approximately 914 sqUare feet of office space Store Premises"') as depicted on Exhibit "A" attached hereto, together with six COntlogLIOLIS parking spaces on Level I A of the Garage, eleven non-contigLIOLIS parking Spaces on the 6" floor of the Garage, as well as three contigUOUS spaces in the Motor Pool Lot (collectively the "Parking Premises"), all parking spaces are designated on Exhibit "A" attached hereto gar all put-poses, said Store Premises (and Park i jig Prerni ses are sometimes collectively referred to herein as the Leased Premises; and WHEREAS,, ['.,essor desires to lease, to Lessee the I-eased Premises on the terms and conditions agreed to below. N(-')W, "ITIERETORE, WITNESSETH: ARTICLE ONE LEASE OF' PRENIISES fn consideration of the i'nutual covenants and a t greenients of this Lease, and other good and valUable colisideration, Lessor demises and letases to Lessee, and 1--,.essee leases from Lessor, the Leased Premises. ARTICLE rrwo T'E RM Secti 2.01. Subject to the ind (I'l-.onditions hercin oorittai on ned, L,Cssce ll have C"I'lld li�,ofd the [ ed Pre l-nis"es G")1- ii term of' 11,Iree (3) S (the "'Term") coll"m'l C(a r 4 -iher 30 c)I-I'l, 11 (111d eliding ;,tt r1lidn'tYht c) Ncm,en V)ecern,her 1, 4201 , 'Y 7 6 4 tit l (the t I'th" (�A k-) t,,ci I K"I'll IS" i n r 1,,2, c rit c"i 1k,,)n as Ttlt')rl t(') C"'Kic I -6 t- 1,)eriod (11 lic-4 ele I-u:d 1, 1"1 a v e n e nd the Ver"m I an i,(]d"t i o tia I Ij years to cornmence the t-hty 6(I')11()'%VIrIg tf�lc the-I'l sch(I-111.,dtiled 1."'Apiration at (the "t'-'Atension option',,'). "nie extension described I-ierein °,)htall be itpon the ri,,'Atiie terms and conditions o,f this 1--case, except that t-,cssee shall pay Lessor i-nonttlly gross rent paynients in the sum of$3,704.2 ar I"cn- ot'llce Space and $'110.00 ar,ing s .nace (K.-Ised on $19.75 PCr SqUal"C fbot. 1,)cr C, AL CO OFFIC CITy RY As TX E Ur E'll 1141 IF-llrl-)� it 1 11 J,"I'V, 1 163 C EIVED DEC 2, 0 210113 month). Lessee shall exercis,e the Btension option, by 0 ving Lessor written notice at least n:inety (90) (lays prior to the then SchedLiled 1­4'x1 iration Date. Section 2.02,. L.cssee shall have no right to remain in possession of all or any part of the Leased Premises after the expiration of the I erm without Lessor's consent., f f Lessee remains in possession of all or any part of the Le'ased Premises after the expiration of the Ten-n without the consent of Lessor, such tenancy shall be deem a month-to-t-nonth extension of this Lease at the last monthly rental, and may be termin,-L'Ited by either party on thirty (30) days" written notice. A RTI C L E T H RE:E USE OF ]LEASED PREMISES; COMPLIANCE WITH I'dilk' 'W Section 3.01. Lessee is granted and shall have the right to Use and occupy the Leased Premises solely for the purpose ofthe operation of a car rental facility, and for no other purpose without the written consent of Lessor. Lessee shall park Lessee's vehicles only In the Parking Premises and shall not park or allow any of its vehicles in any other, parking space in the Garage, or Motor Pool Lokand shall not allow any of its vehicles to obstruct any di-i'veway, ramp, or other loee n parking space in the Garage or M(, to r Pool Lot. shall n n-ip y parking i the ot allow e Motor Pool Lot. T.,essee shall have the right to vacuum its vehicles on the roof of the Garage,, provided, however, that Lessee shall be respons,ibile for properly disposing of any trash, or debris from cleaning. Section 3.029 Lessee, at its own expense, shall promptly comply with all federal, state, 1. municipal, and other laws,, ordinances,, rules., and regulations (appnca'ble to the Leased Premises and to Lessee's business conducted in the Leased Premises, but only to the extent the necessity of such compliance arises solely out of Lessee's specific manner or method of use of the Leased Premises. Notwithstanding the above, the cost of complying with any such laws, ordinances, rules and regulations which require structural changes to the Leased Premises or require repairs, which are the Landlord's responsibility hereunder, shall be bome by the Landlord. Lessee shall not commit any act inconsistent with the openation of Its business which is a nuisance or annoyance to Lessor, or which might, in the exclusive and reasonable juclgre t of Lessor, -e or depreciate the Leased Premises. Appreciably damage Lessor's reputation,, or tend to in' I L11 Lessor shall promptly comply with all federal, state, munictpal, „ind other laws, ordinances, rules, and iegulations applicable to the Property, except for slich laws and rules that are Lcssee's responsibility as set forth in :'he Paragraph 102. Section 3.93,. (_Jnder no 1AJ1,11 1. . � tis- (")r cl:ILtse to be tised (,,,.,)n the Veased 3 Prw cniises iny flazardotis iw sto,)rc (,,)r di,,,spose of”, any such stit)slances or inatcrials On VCA,r° ".,p t"A 11 th(,)se 'rrc, ter';,,fls def"ned ,is h, or %r 9(`)-5 1011 R ici-ided, or ar�iy odiel',m kku ill t S, sultices utidito t x c nri,att,,.,rials, %X I�,J i n,g or fl derial Ltw, 1,ess4,­.r �.,trra n I's tfri;at d"iere is n(,,,) pre-c� `S local S pr(,,,:%,sent in any portiot i of"the Leased Pretni4,,Ies. S'ection 3.04. Lessee takit�ig poswssion of' the I.,eased Premises shall be conclUSIVe Is sultable for the purposes, and uses, fbr which sarne are 'der-ice that (a) the. Leased PreinjS(..,, C e v I 1,111d to Lcii,ised Prer�nises, le,i.ised; and (b) Less('.-e waives ,triy ,in d all (11(1,�-�fi'i",'!Cts 'In c the its -inces or latent def"cas. Further, I.essee and in, ,.ill the appurtcnances thereto, except f appurtcn., Pf-,Ige 2, of 1 4 takes the Leased Prernises and all (appurtcnanccs,, in ��2,ks Is 71 Condition without ,,v arrant y, expressed or, implied, on the part of' 1. essor, subject to Lessor"s repair and maintenance dUties as provided in Paragraph 6.04 of this l'e'ase Agreement. Lessor shall secure all doors within the existing office space to prevent access into any portion of the office space that extends into the Leased Premises. Lessor shall not be liable to Lessee, Lessee 1,s agents, employees, invitees, licensees, or gLICStS for any (Jamage to Carey person or property due to the Leased Premises of any part of any 4Appurtenance thereof being iniproperly constructed or being or becorning, in disrepair unless such injury or damage is caused by or is the result of a breach of Lessor's duty to inspect or a. e repairs as prolvided in Paragraph 6.04 of this Lease Agreement. or a( t Ions to, the Leased Prern' Section 3.,05., Lessee shall make no alterations 111, ld*t* Ise's without the prior written consent of Lessor. SUbject to the provisions of Section 5.04 of this 1) Lease Agreement, any, permanent afterations, additions an wor in made to or fixtures or other improvernents, placed in or upon the Leased Premises with the exception of trade f'Xtrures, shelving, racks, person, I property, furniture, machinery or equipment), shall be deerned 1, a a part of the Leased Premises and the property of Lessor at the end of the term of'the Lease. All SUch alterations, additions, improvements, and Fixtures shall remain upon and be surrendered with the Leased Premises as a part thereof at the teraiination of this Lease. Lessee shall not install signs, advertising media, a,nd lettering, withOUt prior written approval of'Lessor. Section 3.06, Lessee shall not paint, erect, or display any sign, advertisement, placard, or lettering which is visible frorn the exterior of the Facility without Lessoirs prior written approval, except that Lessor hereby approves, the existing, signage. Lessee shall remove all sig,nage at the expiration or term-nination of this Lease, and shall promptly repair, at its sole cost and expense, any darnage to the Leased Premises caused by the signage or its rernoval. Section 3.07. Lessee shall not permit the use o loud, abusive, f'()ul,, or obscene language in the Store Prem,is,es, or the Garage Preniises, nor permit any unlawful, obi scene, or imm,oral acts on the Store Premises or Garage Prerrilses. Lessee FUrther agrees to remove any person using such language or perfomling such acts. Section 3.080 Lessee agrees not to nilp,tre, annoy, or interfere with the HgJits of any other tenants of Lessor or any other U,';ers of the Gat-age. ,kRTICL.F. FOUR REN I'S AND DEPOSIT S,ect1*#,,)n 4.01. 1:)ay to L( {Y r,, t-noritt-Ov rc,,nt of 70 calcl-IL'Ited Y i c 1,*6 1- 1)1 4 t'eet, t"Or Pl­ i�trllscs, I I(S,S I j,-Wr ol'o,"A' c a nioi'itfily rate (,-)f S, 1�,,,432. 70; afa I W')() per pf,Arking space t't,,)r twenty, parking spaces, 6 A nit,)nthly rate of S2001,0.00. ge Soft Secti-on, 4.02. Lessee slit-ill pCay to Lessor, at the I"')oPartment o IFT'ran sport at ion and PUblic: Works, Parking Services, 311 ��CSt t 01h Street, Fort Worth, e rexas 76102, or SUCh other address as the Lessor may LICSignate from time to time, the Rent dming each nionth the Lease rcrnains in effect. Lessee shall pay all such Rent monthly in advance and without dem(and, to, be received by Lessor on the tenth day of' cacti month. If the payment of Rent is not received by Lessor (as provided herein, then all arnOLints due and payable to Lessor hereunder shall liear interest from the date the payment ot'Rent was, (ILIC Until paid, at a per annum rate or interest equal to the lesser of (a) eight percent (8%) or (b) the highest non-usurious. rate perrnitted. by applicable law. Notwithstanding the f0' regoing to the contrary, Lessor shall w jai ve late charges or delinquent Rent paynient for the first time Rent is delinquent in a twelve (12) month period. 'rime is speciFi,cally of the essence of this provision and of every provision of this Lease. ARJ71C1_jE FIVE ­r AXES AND OT1-1ER CHARGES; .tAENS Section 5.01. Lesso�r shall he responsible for the payment of all assessments, ad valorem taxes, and other taxes of fliny kind levied on or assessed as a result o�f Lessee's, operati I ons hereunder, which shall be paid to the assessing entity by the prescribed due date. Lessee shall be responsible for paying, all personal property taxes with respect to Less,eel's personal property at the Leased Premises. Section 5.012. Lessor shall Furnish Lessee with all utilities, fighting, heating, plumbing, water, sewer, and air conditioning systems. I-essee shall provide, its own janitorial service. Section 5.03. Lessee will not permit to remain, and will at its cost and expense discharge within thirty (30) days, all liens, encumbrances, and charges upon the Leased Premises or a part thereof, arising out of the use or occupancy of the Leased Premises or a part thereof, or by reason of any labor or materials furnished or clain"icd to have been ftirnished, by, through, or Linder Lessee, by reason of any constrUCtion, alteration, addition, ri,-,pair, or demolition of any part of the Leased Premises. Section 5.04. 1.,.essee may, at any time kvhi,le it Occupies the Leased Premises, or within a reasonable time thereafter, not to exceed sixty (60) days, remove personal property, fumiture,, fixtures, machinery, equipt-rient, or o rather trade fixtures one placed by Lessee, its subtenants or licensees,, in, under, or on the Leased Prcmises, or acquired by Lessee, whether- before or IS during the Term, fa,nd any extension. 1,.,,cs,,)Ie.e mtist riepatr arty damage to any buildings or on 11"ie 1..,eascd 1")I.C1,111SCS 1"C1111 t i r) friorn the Any ,s;uc1'i iten"is, not rer'noved 'YS, �vill K)n o1z,tte, not 'to e,xicecil sixty (0")) (la time �dler tile' I't 1,�)roperly on 11,­i��A,t k, 1,C S UX MIA, 11IN"FENAM.-T, ­,00 R Section, 6.011. Subject to lion 6,04, Lessee fa ll, at Lessee's so le e xperise, perform all rotitirie rntaintcnance and re it to the interior ofthe Leased Pli-ernises (I.:onsistent with keepit'ig the 1,42,ascd Preni1,-es in go(,)d condition �,Ind re pair Inch'iding, with,OLA linlitation, as to the Page 4 of W (%le~trio al and PIL111,111itig C("Miponents loccatcd within the Letascd Premiscs, arid excluding the heating, ventilation and air condition system serving the 1-cased Prernises. Lcssee shall provide its own janitorial services. Upon tens-iination off`. this Lease, Uessee shall surrender the Leased Premises to Lessor in SUbStantially the same condition as at the commeticcment of the Lease, (.xcepting only ordinary wear and tear and darnage and subject to Sect,ion 6,02. Section 6.02. On, or prior to the beginning of the Term, 1.,essce all conduct a thorough and diligent inspection of the Leased Premises. Lessee's taking possession of the Leased 'remises shall be conclusive evidence that the Leased Premises are in good order and statisfactory condition as of Lessee's taking possession except for conditions noted from Lessee's inspection of the Leased Premises. No promises of Lessor to alter, remodel, repair, or improve the Leased Premises and no representations, respecting the condition of the Leased Prernises, have been made by Lessor to Lessee,, other than as expressly contained it this Lease. Section 6.03. Eessee, at Less,ce,'s, s cost arid expense, may make alterations, to the Store Premises, with the prior, written (approval of I-essor, which approval shall not be unreasonably withheld, conditions d or delayed. ion 61.04. Lessor shall be responsible, at Lessor''s sole cost and e ense, for.-, (1) any necessary strtict,ural repairs and mainteriance, (11) maintenance, repair, or replacement of the roof, exterior walls, and foundation, electrical and ni,echanical systems and the heating, ventilation and C ir conditioning systems serving the Leased Premises, arid (Iii) repairs, maintenance of the Parking Premises. Lessee agrees to, make all non-structural interior repairs as set forth in Paragraph 6.01. Lessor shall have the right to make inspections of the Store PremiSCS upon reasonable notice aril thereafter make rcasonable recomi-riendations to Lessee about the Store .Premises. Lessee agrees that it shall, within forty rive days frorn the date of Lessor's re commendations, begin the recommended repairs in. accordance with its obligations set Forth in Section 6.01. If Lessee fails tO Undertake the aforementioned recommended repairs within forty- five clays, Lessor may, upon reasonable notice to [,essee, Undetlake the repairs it deems necessary, arid the reasonable cost of the repairs by Lessor shall be paid by Lessee within thirty (30) (lays after notice that the repairs are coniplete. ARTICLE SEVEN tNDENINIFIC"ATION Section 7.01. 1,.ESSEE t-1 E RFI'#BY' ASSUMES Afjf, UJA611,11"Y AND 14 E S P,O N S I B I I,UT'Y` FOR PROPERTY 1_d()SS,4 P RO P'U'd RJ""Y [,)AMAC E AN WOR 1W,V'Tffq 4`0 ANY AM) AUJ, PFRSON,11**U. INJW,_JRV OF ,NNY KINI. it 11 PFRS()NS,, OF ,kNY KUM) OR WIM"144ER RF,101, (A ASSFR'1101� kRISINC OUT OF OR IN W14`1­11 14"ISSEE's USE OF 111111F UoVASED JX tj SE D 114 Y` U ft E4 PRE"MISES UJ�N F"'i R '171411S V4',,XSE9 EXCEH' TO '141E EXIEN'll (", , "N'T XC","TS 0R ("M ISSU)INS OR 1N"UEN1'10NA1.., j)41SC',`0N1)tJCT OF 1,.,ESS(' R, 4 UTS EINIPI'..ION"EVS, ,,k(,"N'EN"f S, INVITEES,OR CON'TRAC,TOWSS LESSEE 4�ND ACW"REES TO, ikND IX)ES FIEREBY, INDENINIF 11Y, 1,U)LD 1UXRNI1,P`S,S kND I)EF"ENO LESS(M. ITS OFF'ICERS., ACNEN48, SERVANTS hg,e 55 of'14 AND il"MPLOYEES, FROM AND AGAINST ANY k,ND ALL (-l'LAAl,NIS OR LAWSUrl"S 1A R EITIIER, PROPERTY DA,',VlA(--AwE OR I OSS AND/OR PERSONAT, INCLUDIN(Il' DEAT1,19 TO ANY AND ALI, PERSONS, OF ANY KIND OR CHARA- Cl"ER, VN'I1'E"rlIE,R REAL OR ASSERI-:EDj ,ARlSlNG OUT OF OR IN CONNECI"ION WITH LESSEE'S USE OF 'rtIE LEASED PREiMISES, EX(""Err i"OTHE EXTENT CAUSED BY TUE NEGLIGEN'l I ACTS OR OMISSIONS OR INTENTIONAL, MISCONDUCT OF LESSOR, ITS EiNIPI.,OYEES9 ,,k(,-"I'ENt'-Sg INVITEES OR CONTRAC"TORS. SUBJECT TO LESSEE AND LESSOR'S OBLIGATI ONS iltS CONTEMPLATED IN PARAGRAPI-1 7.02, BELOW, LESSEE ASS UNIES ALL RED SPONSIBILTTY AND AG,REF,S '-I'O PAY LESSOR FOR A-NY AND ,'U,L INJURY OR DANI.AGE TO LESSOWS PROPERTY WHICH ARISES OUT OF OR IN CONNEC41ON WITH ANY AND .,kLI, A("'TS OR OMISSIONS OF LESSEE, ITS OFFICE. AGENTS, EMPLOYEES, CONT ice ACTORS, SUBCONTWtXCTOWS, LICENSEES, OR INVITEES, EXCEPT TO TIIE EXTENT CAUSED BY "I"HE NEGLICEN"t" ACTS OR OMISSIONS OR INTENTIONAL �N(II CON DU`f OF LESSOR, ITS ElN'l PLOY EES, A.C.'ENTS, INVIr rEES OR CONTRACTORS, LESSEE SHALL REI,EASE, INDEMNIFY, DEFEND, REIMBURSE, AND HOLD t-IARMt.,ESS THE LESSOR, ITS AGENTS!, EMPLOYEES, INVITEES,, OR CONTR-AcrORS, AGAINST ANY AND ALL ENVIRONMENTAL DAMAGES AND , SrIFA TE, LOCAI, OR MUNICIPAL THE V101,ATION OF ANY AND LL., FEDEkkl.-. LAWS, STATUTES, RE(-'­'w'Ut.,ATl0NS,, RULES OR ORDINANCES REI-,ATING TOTHE ENVIRONMENT RESULTING FROM LE SSEE"S USE OF THE LEASED PREMISES, AND PROVIDED, SAID ENVIRONMENTAL DAMAGES, OR THE V101-4AT ION OF SAID ENVIRONMENTAL REQU IRE MEN"I'S WERE THE RESULT OF ANY ACT' OR OMISSION OF LESSEE, ITS OFFICERS, AGENITS EMPLOYEES, SUBCONTRACTORS, LICENSEES, OR INVITEES OR THE .10INT ACT OR, OMISSION OF TENANT, ITS OFFICERS, AGENTS, EMPLOYEES. LESSEE IS EXPRESSLY NOT Ll.,kBLE FOR AND DOES NOT INDEMNIFY FOR ANY ENVIRONMENTAL DAMlA(,.l'f'ES OR '17[IE V10LAI jON OF SAID ENVIRONMENTAL, REQUIREMENTS WHICH I-lAVE, OCCURRE",I) PRIORTO "'THE DATE OF TENAN"I"IS IN Ir TI OCCUPANCY OF r,rtlE LEASED PREMISES. 1.-.,ESSOR DOES Nar GUARAN"I'FE, POLI(_1'E PROTEC'140N '10 LESSEE, OR ITS PROPERTY. LESSOR Stt NOT BE RESPONSIBLE FOR lNJlJRY TO ANY PERSON ONTI-IF 1,KASED PRKMISES OR FOR ttA,RM '1`0 A,N'V PR(')PF"#RTY' WHI(,"lI BELON" (,"s -t 1 11 1;, 1 -% "SSEF1 vi"S oFFIC'ERS, SERVANS'l p,lpNlPl"0N0,Fp�,,s, C) , ND CON! "I'l, "A'All RI"S, ,,- ."3 ,") ..,k( ,?,S, 1.10ENSEE'S, IN'le"ITEES, OR R, 'R(,)NS, 4k "x('4 D ,,xND 1.,E"SSEE "Xillic"t"I BF,",4S`t"Ot+No t)Es"("R0'V+:1) (ll)R lLN :VNV �V'xv 1),vN'L, 'I I 11E.IREBY 14(4m[)S 1,,,ESS(,,.)R,, ITS r� (w'UNI'S, SERVAN"I'S AND EMPl.()*YE+,S FRONI AND ,,�,,�C'AINST ANY ,,A,ND ""LAINIS, E 7 7" 1 k _0 'I I , C,,"IFS OR OMISSIONS OR XC,`EPT 'F0 EX"I"ENT ( At"SFID BY 'fflf NE("LICEN't N `T OF LESSOR, ITS EMPLOYEES /X(­11E.N017S, INVITEFS IN"IFEN""f IONA.1, MISCONDUC' 14 IP ry Page 6 of"' 14 1,.MP1.,..OYf1A.FS, INVI"I"EES OR (",ONTRA( PS T02. LFSSOR NOR, ITS AG'I"NTS, (INDlVUDAI-J-,Y AN "INDEVINI-IfIE" AND C'awn 1-,,LECTfVElA FI,IE "INDF!VINITFES1 SHALL BE LIABLE IN ANY' MANNFR TO LESSEE, ITS AGENTS, EMPLOYEES, INVIJ E,FS, CON TRACTORS4 OR ANYOT11--lER PAR1"Y IN CONN1-`,1,*C'TION WI`fH 'THE [JSE 0F1HE LEASED 11REW�ES, BY ANY OF '14 IFMI FOR ANY fNJURY TO OR DEATH OF P1.-.i-'RS(-)NS UNLESS CADS D1 BY THE NE(I'LIGENT ACTS, OMISSIONS, OR INTEN" I ON AL MISM ONDUC"T OF SUCH PARTY. IN' NO EVENT SHALL ANY INDEMNITEE, BE 1-JABLE IN ANY MANNERTO LESSEE OR ANY OTHER PARTY AS ,I-HE RESULT OF TI-JE ACJ'S OR OMISSIONS 01"' LESSFE, ITS AC"EN"I'S, EtvIPLOYEES, C.ONTRACTORS, INVFFEES, OR ANY OTHER PARTY. IN CONNEC"I'lON WITH THE t-jSE OF T1,1E. LEASED PREMISES, BY ANY 01F THEM. ALL PF#,RSONAL PROPER"I"Y WITIJIN VEHICLES U'SINNGTHE LFASED PREMISES, WHE"'I'HER, P1,JRSUANT TOIHfS, LEASE OR, OTIJERWISE SHALL BE AT -f-I JE RISK OF LESSEE ONLY,, AND NO INDEMNITEES SHALL BE LIABLE FOR ANY LOSS OR THEFT OF OR DA.N4AGF J"O PROPERTY OF LESSEEI jr-1,S, FMPLOYEES, AGENTS, PATRONS, INVI'TEES, OR TO OTHERS, REGARDLESS OF WHETUIER SUVII PROPER-I'Y IS FNTRUSTED TO FMPLOYEES OF LESSOR OR S(JC1J I-OSS OR DA,MAGE fS OCCASIONED BY CASUALTY1, TIJEFT OR, ANY 01111ER CAUSE OF WHATSOEVER NATURE, EXCEPT AS OTHER'WfSE PROVIDED IN TI-IfS, z\RrT1CI-,,E 7. '7.03. The proviicooris of is Article Se en s,h,all survive the ter-mint ion, oir expiration of (his Lease. AR'r1("1.,E EIGu'r, wi INSURANCE AND CASUALTY 'I" 8,01 Lessor shall, at all times (Ju 1 r'Itig the erm of this [.,.ease maintain a piolicy or policies of insurance issues 1-)y and hindino, upon �in insurance, company, insuring the building of' 0 -rt gain st loss or darnage by fire or oth-er hazards and hi,ch the Leased Pre-mises re a pta (I contingencies. 8.02 Lessee shall maintain its own insurance on I esslee s tnerchandise, equipnient, and p ,es. Any insurance coNrcra,g,e maintained by Lessor ossessions in or about th l e xased Prern'is shall, insure Less "i's property only and will not insure Lessee's property, trade fiXtUres, or iltierchandise, on the I-xasied P,reintse s, in the event of (lat'nage I-lowcver caused. Any insuranc.le coverage n"iaint,,(,,,,11ned by t-xssce ,��;Iiall instire 1,essce s property only :Jnd will tiot insure Lessor's 0 1 < '1 0 "d I ,(I. 111,01)l(w rty or u,"ie I.-c-ised Pren,i, i n the wli;ent 0 f dal CilUse 111(1 1'i-)r ("Itu-It"ot"I ii-isiintnce q z,,i i rl S ies Y a UI ti,S. il txi 1-)iorrie ICCI I maiwain limits, rio Ic.,;,ss than., Page 7 of 14 I . Co n'i ni A2 rc 1 a I gen c ra I I I a b I 11 t y: $1,OoOl 000-00 co m b I P.cd s 1 ng I e 11 m i t per OC C U rrc nc c 110 r bod)I y injury, personal, and property damage. Nfinirriuni 'S.? 000 000.00 aggregate. A— Commercial All Risk" Property insurance co,�k.Tjng Lessee's personal property. I(Nitiontil Re(litirements to .41/ ("OV17ei­eiges Deductibles and Self-inSUred Rctcritions, Any deductibles or self-insured. retentions, must be declared to and approved by the Lessor,, which approval may not be unreasonably withheld, delayed, denied, or conditioned. -Fhe following provisions shall apply to: General liability and autOMObile liability coverage o "The Lessor, its o fficers, o)f.ficUlls, arid employees are to be covered as "additional Insured's as respects: Iiability arising out of premiss oWned, leased, or used by the Lessee. Each inSUrance policy requ.ired by this agreement shall be endorsed to state that coverage shall not fie stispended, voided, canceled, reduced in coverage or in limits reqLiested, except fler 30 days' prior wrilten notice by certified mail return receipt reqUested9 has been given to the Lessor. Acceptability of Insurers Insurance is to be placed with insurers. approved or licensed to do bLISiness in the State ol"I"'exas with a Best's rating of no less than A-; U. Verification of Coverage Le see shall furnish the Lessor with certificates of insurance effecting coverage required by this clause. The certificates for each insurance policy are to be signed by a person authodzcd by that insurer to bind coverage on its behalf. In addition, the Lessor, its officers, and employees are to be endorsed as an "'Additional Insured". The Lessor reserves the right to obtain, complete, certified copies of all required insurance policies, at any ttrne. Notwithstanding anything in this Article 8 to the contrary, Lessee may provide any coverage required herein throtigil its self-inAlrkance program. If Lessee elects to self"insure, no Certificate of Insurance will be issued, but [,essee shall provide other proofsatisfactory to Lessor of such SCIf-ire SUrc"Ince. 8.04 In case of damage by fire or other lrisw-ed casualty to the [..,eased Premises, Lessee shall give immediate notice to the t,essor and to [,ess,,,ec`s casualty insurance provider. Lessee shrill co,,-, perale with Lessor -nanner r(:quested so that Lessor may tile a 0 in any reasoriable i I (."Jaiiii(s) for the datnage ca,11scd by the c�'­Isi,ialty event. I.,essor shall decide, ill Lessor's sole discl­chon whether to r(:,,pair, rc[)tali.l, Or relplace the I,c,,Asc.d Pre raises, or the [milding locate(] oil the" 1,etaswd relic, Provide(J. hf' Crl Premisc!S 111d restore the d its ,JS 1")ossible 1'iia ij�i r­io c_",k,,Cr1ft foil siixtYll (('11""00) khl.lys t i e i"i I t-) 1141, D ("I"lte of tht"! til,v (A" sh;tll [")ie tdliwy�'cid .,I 1'*,,,nr Ition 1-1i e in to 14"Ie es:14clit 0-le Ve�""Iscti �Irei I I I'll"(,In,th,le but ifthe,, i01- 01C I)LI114,1111g k)(` 'vVh1ch ihe [Irt.-,iriiscs i,tre a p;,,,irt r1rrll he dcerncid b ssor"i- sole opirtion, to so (1,.11M 11(19C(l ,as to tw t,,infiit fir occtipancy, or if the 1._essor S h all deci Ire i build., this Lc;lsie �,zllall rte and LcIssee Shall only he liable for rent and de to -e1 .her monetary o fill gAi(,,)ns 1"Inder this t^ rr to the tirne of the fire or the casualty. If the Lcased Y Prenlises, (21�,annot be rep(aired, In V,("'s sic(_"'s, sole �Vithin sixt,�,, da S. I.essee e-.,It Its itole discretion may tcrmi mate the I ease. Page 8 of 14 1 A ARTIC"LE NINE ENIINENT DOMAIN If zany part of the Leased Premises is taken by eminent domain, either Lessor or Lessee mcay terminate this Lease. If neither Lessor nor Lessee elects to temlinate the Lease, Rent will be reduced in proportion to the area of the Leased Premises taken by eininent, domain, and Lessor shall repair clny damage to the L.cascd Premises reSLIlting from the taking. All sums awarded or agreed upon between Lessor and the condemning, authority 6or the taking of the interest of Lessor or Lessee, whether as damages or as compensation,, will be the property of Lessor without prejudice; provided, however, that nothing contained herein shall be deemed to give Lessor any interest in or require Lessee to assign to Lessor any award specifically made to Lessee for goodwill, Lessee's trade fixtures, or relocation or all of the foregoing., If:"this [..,ease is terminated Linder this Article , Rent will be payable up to the date that possession is taken by the condemning aut I nori,ty, and Lessor shall refund to Lessee any prepaid Lin accrued Rent less any SLIM then owing by Lessee to Lessor. ARTICLE TEN SUB1,ETTING, ASSIGNING, AND NIOR'-rGAGING Lessee nay not assigni its interest under this Lease or sublease the whole or any part of the Leased Premises without the consent of Lessor, which shall not be Unreasonably withheld, conditioned or delayed, and any attenipted assignment or sublease without Lessor's consent s,hal,l be void. If the rent, and other consideration 'payable to Lessee Linder any assignment or sublease of this Lease exceeds the rent payable heretinder, Lessee shall pay to Lessor Such excess within thirty(30) days following, receipt thereof by Lessee. ,XRTIC1.,E ELEVEN TERMINATION: EVENTS OF DEFAULT BV LESSEE 9 ,XND REMEDIES OF 1.4ESSOR Section 11.01. ff Lessee defaults in performing any material c(-inerrant or term of this Lease and does not correct the defaUlt, w'ithin thirty (30) days after re,ceipt of written notice from f-essor to Lessee or an -Idditional retisonable perio(,t if Lessee is p,roc(-.-,eding with diligence to Cure the de atilt, Lessor may declare this Leas(,, and all rights, and, interest created by it, ten-ninated. If 1.,essor elects to terminate, this t"'C't"Vie Will, cef,iscl as it' the (Jay of' 1-.essor „�lection were the (JI ic t-,cf-Ase 1-1")r O's, -cc ,Section 11.02. If' [ fn t(") an, Igi trit,',rit li,,)r 11'u 1* 11 1`11 S,(""'11,S C S S"j,It C, 111 III ) stoti, Strelet Str ee�t P;,,trkg ('4"Aratwe ("l-lot"iston 1",e4"'Ise -I Z117 1-4( I cV,i's e 1"I 1�I I ul." c)n the date, c t 1''C. [Jouston (14111LILY I citse unless mherwis-c -wrc(,d by the pfitrfies In %Vnting. Section 11.03. Effective at Lany tiMe durit'iv- the Lessee rt"i,ity cancel this Lease by 4.71 giving I.(,,,,ssor tat least sixty (60) da)ts pt-i,or, wi-itten notice of its intent to t(.%7ni,ijnate this Le,,"Ase (,,in(l paying a ree in the surer of I'hree Thoiisand four hiindred 1''1 urty Two iland 7(,,)11(.)() Dollaf-s Rage 9 or 14 63,432,70). Stich noltice May be giVell at any" ti,inc during the Tenn. Cancellatiot'i oFthis 1.-,cas,e [Mrsuant to Such option shall have the sanie force anid effect as if t1iis Lea,se had ended on its, natural expiration (,fiate. This Section 11 .03 shall not apply to ta tet-Mination of the l_,ease under Section 11.02. Section 11.04. Upon the tet-mination of this Lease, Lessor mi,,ty then or at any time thereafter re-enter and take complete and peaceftil possession of the Leased Premises,, with pir,oces,s of law, and may rernove all persons therefr'om, and Lessee covenants that in any such elvent it will peacefUlly and quietly yield tip and S U(Tender the Leascd Pren,iises to Lesson Section 11.051, In the event of the tertnination of"this Lease by I ess,or as provided fOr in Section 11.0 1 or 11.02 above, Lessor shall be entitled to recover From, Lessee all rentals accrued and Unpaid for the period tip to and including such ten-nination date, as well as all other ir.Idditional sunis payable by Lessee, or t"or which l.,cssee is liable or in respect of which Lessee Under any' of' the prov­istons hereof has agreied to; indeninify Lessor, which rnay be then owing and unpaid,, and all costs and expenses I including court costs and reasonable attorneys," fees, incurred by Lessor in the enforcement of its rights, and remedies, hereunder., Lessor shall use commercially re(asontabile efforts to tnitigate its, dan'lagles., Section 11.06. ff a court of clonipetent jurisdiction niakes or entiers, any final, unappcalabile decree or order other than under the bankruptcy laws of the United States I I adjudging Lessee to be insolvent, Lessor rnay declare the Lease terminated; (and upon such declaration, Lessee agrees to give immediate possession to the Lessor of the [_eased Premises. I, Section 11.07. No deftlUlt by Lessor hereunder' will constitute an eviction or disturbance of Lessee's use and possession of the, Leased Premises or render Lessor liable for dani,ages or entitle Lessee to be relieved From any of I.,essce's obligations, herei.inder (including the obligation, to pay r,ent) or grant Lessee arty right olf(leduction, abatement, set-off, or recoupment, or entitle Lessee to take kan ­cflon whatsoev-l3,r with regard to the Leased Pret'nises or Lessor until thirty y cl I k.-1 (,30) days after Lessee has given Lessor written, notice specifically setting forth stich default by Lessor, and Lessor has failed to cure such d011aUlt, within said thirty (30) (Jay period, or 1 r such default cannot reasonably be CLIred within said thirty (30) day period, then within an AIditiona] reasonable period of firne so long as I-essor has con"iniericed curative action within said thirty (30) day period and therciatIer i's diligently attemptirig to cure stich defaUlt. Section 11.08. No vvai�,�ler b,,y, (lie parties to this E'e,"Ise of any dt.,1.47,ault or, 1)reach ot' 'Clany W clovent"'Int ot this he di(,beri,�ied to tw �,v,,,,iiver ot'i"AnY, (:)ther hre�,,,-,tch of thie s:arine or otfier tern­il fl(li ti C)11, or �:,iw", 1 1,,1,ri t it"i tli6s 1_e,ase. No, pro %,,ision (,"'A' this AW, 1vt,,­d h y e't,I'li, 11 [,,c,ise, tnav," tin,(Jer 1'�'Axlv -Cs to C"i", tol 'Irs 1_(,:,tS1e, x is i n, li i t 1, 1, 1, iss ­e V h g I n id 11 (11") h p" I'l I r s,�l C,d 'it"Ich livya'��er� �Ce i gl CIS ",A), 0 'I'll i1filly C('vvle'[')��Hlt 01, COMJit,1011 rl )t, the recit.- 1:)t 1)�y 1,,,, s f"A"this Lei bly r)("It, d e I I')lc�, ti�,afveil- of stich 1�)rea(,,:h, no 1,)roii%,,,jsu)n of this, L,,etlsel will be deciiile(il to hillve i­icen 'kv,Aivei] 1:)y Lc,-ssorl unliess Waliver is i I ri a ii,-istilient signed by V-essor., 11 10 ok f 14 ,kR-rici.E "FNVE1--,VE N1 I SCE 1,UAN EOUS Section 12.01. Neither this Lease nor 4,my provision hereof may be changed, waived, discharged, or tern*in.ated, except by an instrument in wtiting, signed by the party against which the enforcement of the change, waiver, discharge, or ten-nination is sought. rt,is Lease shall be bind ng upon Inc inure to the berie fit of' the ptartics hereto and their respective successors and ass i mss. Section 12.02. -rhe headings in this Lease are insetled for reference, only, and shall not define or limit the provisions hereof. Section 12.03. This Lease shall be fully executed when each party has signed and delivered to the other (by mail, overnight dehvcry, facsimile or e-mad) at least one, counterpart., even though no one COUnterpart contains the signatures of all the parties to this ..ease., Section 12.04. fn the event that tiny clause or provision of this Lease shall be field to be invalid by any COUrt or cony petentjurisdiction, the invalidity Of Such clause or provision shall not affect any of"the remaining provisions hereof. Section 12.05. This Lease expresses the entire understanding and all agreements of the parties hereto with each other and neither party hereto has made, or shall be bound by any agreement or any representation to the other party which is not expressly set Earth in this Lease. Section 12.06. All notices, consents, or other COMMUnications required or permitted hereunder shall be deer-ried Sufficient if given in writing and delivered personally or sent by public or private express mail or by LT.S. Certified. Mail, Return Receipt Requested, postage prepaid, to the other party at the following addresses: If to 1,essee.: The f fertz Corporation 225 Brae ROUlevard Park Ridge, New Jersey 076 6 Attention: Vice President, GlIoNal Real Est'ate & Concessions T(.%.1ephon,e-. 201-307-D)Oo I t 1"1 1,11,11 C t )1"", I c) o rt %,X 1,-t[.1, '1000 11-1 1-(�u.'. 111011()n Streell "I ex 7("'i I()2 F" r�t �V h At ("cry to C'ity Aftorney's, (",ity ofFort Worth Fort Worth, -rex1as 76102- P A,o e or to SLICE her a(ioress as, SLICh party may her e,,,ifter designZ"Ite by notice in writing addressed and tnailed or delivered to the other party hereto. Section 12.07. Lessor arid Lessee covenant, warrt-Int arid represent to the other party that there was no broker entitled to a commission, fee or other compensation instrumental in conSU111MI'Iting this Lease. Lessee all i ndemnify and hold 1.,essor harnlIeSs, against and from (aII cos,ts, expenses, damages a,nd liabilities, including withOUt limitation, COUrt costs and reasonable attorneys" fees and disbursements, arising from any clairris for brokerage con-imissions, finder's fees or other compensation reSUIting from or arising 01.1t of any actions by the Lessee or anyone acting on behalf of Lessee other than Brokers. Section 12.08. If Lessor and Lessee litigate any provision of this Lease or the subject, matter of this Lease, the unsuccessful litig,ant will pay to the SUCCeSsfUl litigant all costs and exp nses, including reasonable attorneys' fees and court costs incurTed by the SUCCeSSFUl litigant at trial and on any a ape'i'll. [signature piage follows] Paue 12 ot"14 IN WITNESS WHERFOF, ti-iis Leiase is exccutcd by the ji(arlics to he effccu�,"C on th%;7­1 "C" ayv of" 2013. 1-.ESSOR,-. LESSFE: CITY OF FORT WORTH THE HERTZ CORPORATION, a Delaware a 'Texas municipal corporation corporation Y. By..- B t fill Fernan(loCosta, Name: I Roo Assistant City Manager Fide: J Apl)roved as to Form and Legality stant Ality tto 000 rnt*,y Atte t", 4C e, It '' Sec rewrf I law/ OFFICIAL RECORD FFICIAL RECORD rjjrY SECRETARY t0jTX # ,, .g TX ., EXHIBIT Parking-leased space 14 of 14 r, U-1 LLJ ". rN cc cc i 04 e� II w Cc I � _ z_ c cc 1 JI L to LL— I �. o I "l �4 30V8 IS LL LU cr kn U. I i _�.C14�. NA Cl 75:7 co II f r- '" d r 1 �'"1 _._ M LLI dM Lul �. cw ap •r _... � CIA CIO I I =-7U Re, ...m WO LLJ —L.— F 0 0+r I�, pp yy w I I I Wi r. cc cl� , c ' c C)'�' „ ,. �. I I I ' 1 CL Lj— a ., �._ 7 Z�>- g UJ _ _ U." 7LrTI ............. lu 00 m Lil V---4 00 CIS -+-a I CN "--4 0 > (N cd co Li WT C) .......... 00 00 CIN > r MI r-77F 0 rt� Cd AOVI 7S C� 0 13 C) ISO 0 r--4 u II . r-04 C> 0 0, > Al 0 C) IN dO ,r wt. I aw IIII �' �w• rr a�w 4116 I d OP 4110„ " do low AM I I u I, "73 r ",A a Y Ylillel /AF, " %fl ION l,m WNW OR, fig, "Alm— ll-w,I�Aow /, I a o Of v K f: kl, 1 E, 417 Woo J Ro 0/1 isam VIA F ji J/ 411 log ............. f Pon lot. ",/!Mj, ............//l K q Y'VI"/// V jo, ............. mg/va,i P/ /* OR M1111 w 1 6 A po� if m "j, TIR/ imma VW7 al/A J, lift wollfs SON. A a �gg le JFJ C WO f PM g to R aamr, aa, IRA, Ox M&C Review Pagel of2 Official site of the,City of Fort Wofth,Texas CITY COUNCIL AGENDA FORTWORT11 �OUUUGVhMYN1SINIMtl�Itl10101111111N�C�6tlU9W0iUflldN4Y PbtNflC G9�N6 gf�wII NU 0 MEMOIVVUUVVNUNNV COUNCIL ACTION: Approved 1111212013 IIIIIIhIIIIIIIIIIl010111gIUl000UIIVIIV010110111VIIVIIIIIVIUN VII1�1Vllllllllllhl III W!NNVIVIIIIIIInlllllullffi+YSi1NPM&u� 0!i11B1IQki841 NM�N1M1�O(YYf1ak!�P�189�IIPU�tillSulUu9Ii�1�I1liIVIp01N1IdriblulI�1VVNN��iIIUVI " ' 0 W!l DATE: 1 1111212013 REFERENCE NO. **C-26556 LOG NAME: 20HERTZ LEASE 2013 CODE: C TYPE: CONSENT PUBLIC HEARING," SUBJECT: Authorize a Three-Year Lease w ith a Taro-Year Renewal Option with he Her Corporation for Office Space and Parking Spaces at the Miunicipail Parking Garage Located at 91 Taylor Street (COUNCIL DISTRICT 91 11116IVVVV01otltlI011IIppIIV"�V!YnY'!UWVIMIVVIIIV��i1'fi911111�!IludWRIYf(I 'iu'!'IM��lu#VIN�"VdRSltir'Y{fNB'VIY9nlif '5�19!Iii NI"N19rM; IVII,VIVIVIIYbIfICiVi VNIWMG�BI IIUVW�MN�i�MMiIlimilIIIIIIIIINQUIIfIVVN4Vll�� RECOMMENDATION: It is recommended that the City Council- 1. Authorize the City Manager or his designee t o execute a leaser with the Hertz Corporation for approximately 914 square feet of office space at an, initial annual rent of$17,192.40 and 20 parking spaces at an annual rent of $,24,000.00, at,the Municipal Parking Garage Premises, 917 Taylor Street and 2. Authorize a three-,year term for the lease beginning December 1, 2013, with an option to, extend for one, additional two-year term. The Hertz Corporation (Hertz) currently leases 9114 square feet of office space at $18.81 per square foot and 14 parking spades at $100.00 per space in the Municipal Parking Garage, 917 Taylor Street, for a car rental facility. The term of this lease has expired and is currently on, a mointh-tcl-rncnth tern. The proposed lame provides for the lease of 914 square feet of office space and 2,0 parking, spaces at a total annual rent of$41,19,2.401. Six of the parking spaces are, contiguous spaces, on Level 1A and the rernawin,ing fourteen of the parking, spaces are non-contiguous spaces on the sixth floor of the parking garage and in the Motor pool Lot on the 900 black of Taylor Street. The monthly rent will be a total of$3,143230. That is $1,,432,.,70 for the office space and $2,000.00 for the parking spaces. The,term of'the proposed lease will be three rears beginnings on December 1, 2013 with the option for one additional two-year tern which would terminate November 30, 2018. The lease would renew upon receipt of a written notice from Hertz to the City at least 60 days prior to expiration of the lease tarn. The rent for the office space will increase to $1935 per square foot for the additional two-year term and the fee on the parking spaces, shall increase to $110.00 per month for each space. This project is, located in COUNCIL DISTRICT g Mapaco 77A. FISCAL INFORMATION/CERTIFICATION,, The Financial Management Services Director certifies that the Transportation and Plublic Works Department, Parking Services Department, is responsible for the collection and dep s,it of funds due to the City. 'TO Fund/Account/Centers FROM Fund/A c, a t/ enters E59 44 42 0208505 $ 0.00 tt �. ppi.. fwnet, g/c � ci t._packet/ c vicw.,asp. D '18 63&c unc ld te,-1.1 t 2 !113 12/24/20 t M&C Review Page 2 of 2 PE59 442052 0208505 $174192A0 Su it a four C,ily.Marra ger's Office by: Fernand , costa (6 122) Qr-*ginat*ln a merr Head: Douglas W. Wiersig ('7801) Additional Information Corr ta.ct,: Peter Elliott (7977) ATTACHMENTS Hertz Parki ices. df http,://apps.cf,wnet.org/cotin,c*I 12/24/2013 1 _packet/mc—re view.asp9.1 D=I 8563&councildate—I 1/12/')01.3