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HomeMy WebLinkAboutContract 30613 MY SPr9ETARY �.41JTr..;CT NO. l FIRST AMENDMENT TO LEASE AGREEMENT 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 W. M_ Daniels made and entered into a 50 year Lease Agreement ("Lease") on February 18 19 82 for Property described as Lot 10', Blk 141 Lake Worth Lease Survey, AKA ; and 7544 Love Circle 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 correctly identify the Leased Land and include the legal description as shown on the plat or replat recorded by Lessor since 1990. NOW THEREFORE, Lessor and Lessee, 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 Section I the Lease as follows: Section I of the Lease is amended to provide that the Leased Land is comprised of Lot 10 , Block 14 rake WorthT,eases an * , as shown on the plat recorded in Cabinet A , Slide 9 3 8 4A , Plat Records, Tarrant County, Texas and as shown on the plat or replat attached to this First Amendment to Lease as Exhibit"A". * addition to the City of Fort Worth, Tarrant County, Texas Except as amended by this First Amendment, all of the terms and conditions of the Lease are ratified and remain in full force and effe EXECUTED as of the day of ,200 . LESSOR LESSEE F T WORTH e11 }1 W. M. Daniels Marc A. Ott, A t istant i Manager ATTEST: APPROV AS TO FORM AND LEGALITY: City Secretary Assistant Ci Attorney Contract }Authoriaatiox Amendment w/Original Lessee ��++� ' ¢q' Q�`�4e Date f1. �:uarilgf EW STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the ge day of J 2004, by Marc A. Ott, Assistant City Manager for the City of Fort Worth, a Anicipal corporation, on behalf of said corporation. HETTIE LANE ' MY CMVISSION EXPIRES. Notary Public, State of exas July 26, 2007 STATE OF TEXAS § § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of- aA1 , 2004, by W. M. Daniels 1µv, LISA A. SCOTFORD Notary Public ' * ` STATE OF TEXAS b IVot Public State of Texa �� My Comm.Exp. 10/06/2007 �' STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of 2004, by Notary Public, State of Texas Amendment w/Original Lessee . EXHIBIT "A" PLAT OF REVISED LEASED LAND Lot 1,Block 14 ,Lake Worth Leases an * to the City of Fort Worth, Tarrant County, Texas as shown on plat filed at Cabinet A , Slide 9384A ,Plat Records, Tarrant County,Texas * addition Attached dry A Amendment w/Original Lessee � 1K I ati 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/Account/Centers 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) Lognarne: 30LEGAL DESCRIP Page 1 of 1