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HomeMy WebLinkAboutContract 31138 CITY SECRETARY 8 I I (�E CONTRACT NO. FIRST AMENDMENT TO TEASE 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 George J- Newman made and entered into a 50 year Lease Agreement ("Lease") on 17 March 1982 for property describedas Block 29, Lots 40 & 41, Lake Worth Lease Survey aka 8464 ; and and 8450 Heron WHEREAS, the Lease has been assigned to Estate of George J. Newman (Gordon, Newman, ("Lessee"),the current Lessee of the Leased Land; and Executor) WHEREAS, Lessor has platted or replatted the Leased Land since 1990 to correctly identify and describe the Leased Lana; 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 40 ,Block 29 , Lake Worth Lease Blocks, in the City ,of Fort Worth,* as shown on the plat recorded in Cabinet A Slide 4b42 Plat Records, Tarrant County, Texas and as shown on the plat or replat attached to this First Amendment to Lease as Exhibit"A". * Tarrant County, Texas I Except as amended by this First Amendment, all of the terms and conditions of the Lease are ratified and remain in full force and effect. EXECUTED as of the day of 200 . LESS04 Ca,Y OF FORT WORT l C-ntract Authorization r - 1 q—I_�_n_—C),� Marc A. 04,Assistant Ci Manager tiat,� ATTEST: AP/PR D S �ORM�AND ALITY: City Secretary J Assistan City Attorney Amendment w/Assignment LESSEE �✓ Go' on ewman, Executor George J. Newman Estate STATE OF ttx*S No-v a-rJ � I0—S § COUNTY OFT § This instrument was acknowledged before me this the day of 10070 6e"(- , 2004, by P -® , ,'�,.��. fit..•-�.�. �..��. Bases sons s MAUREENR.LOWE .�...1:1 � Notary Public •State of Novada = mss- euad� Appohttment Number 01.67929.5 : Notary Public, State of My Appt. Expires Apra 16, 2005 STATE OF TEXAS § § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of , 2004,by Gordnn Newman Notary Public, State of Texas STATE OF TEXAS § § COUNTY OF TARRANT § r This instrument was acknowledged before me this the 1 7 day of 2004,by =04 �J ,,,� Notary Public, State of Texas IESuj1 Amendme EXHIBIT"A" PLAT OF REVISED LEASED LAND Lot 40 ,Block 29 Lake Worth Lease Blocks, in M the City of Fort Worth,Tarrant County,Texas as shown on plat filed at Cabinet A , Slide 4542 ,Plat Records,Tarrant County, Texas Attached Amendment with Transfer 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) Logname: 30LEGAL DESCRiP Pana 1 of 1