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HomeMy WebLinkAboutContract 46530-AP1 ClTYSECWTAW CONTRACT NO CI.- TAESL Texas Aero Engine Services L.L.0 . 2016 VIA FEDERAL EXPRESS City of Fort Worth 1000 Throckmorton Fort Worth,Texas 76102 Attn: Leann D. Guzman Re: Facilities Lease Agreement (City Secretary Contract No. 46530) dated effective February 5, 2015 (as amended, the "Lease") by and between City of Fort Worth ("Landlord"), as successor- in-interest to AllianceAirport Authority, Inc., and Texas Aero Engine Services, L.L.C. ("Tenant") for certain premises located at 2100, 2102 and 2112 Eagle Parkway, Fort Worth, Texas, at the Alliance Fort Worth Maintenance Facility, as more particularly described in the Lease (the "Lease Premises") To Whom It May Concern: Landlord and Tenant are parties to the Lease. All capitalized terms not otherwise defined in this letter agreement("Letter Agreement") shall have the meanings given them in the Lease. Landlord and Tenant acknowledge that pursuant to the terms of the Lease, if the sale of the Equipment and/or terms for the Equipment to remain with the Facility with transfer of ownership of the Equipment to Landlord or any other party designated by Landlord does not occur on or before the expiration of the Due Diligence Period or such other date as agreed to in writing by the parties, Tenant shall remove the Equipment from the Facility and Shared Facilities (except for that Equipment which is sold to Landlord or any other party designated by Landlord) ("Equipment To Be Removed"), as more particularly described in the Lease. Tenant desires to contract with Myron Bowling to conduct an auction at the Lease Premises during the month of September with respect to the Equipment To Be Removed (the "Auction"). The Auction shall be on such terms and conditions as Tenant approves, in Tenant's sole discretion. To the extent required by the Lease, if at all, Landlord consents to, and approves of, such Auction. To evidence your agreement to the terms and conditions of this Letter Agreement, please sign in the space provided below and return to Landlord. Sincerely, Texas Aero Engine Services, L.L.C. By: Name: V)%"A*v,^ t. bJai �1��A1t ,1>2 Title: D �y�1K0iltt OFFICIAL RECORD l� CITY SECRETARY By: L Name: ac.as L, - -i- FT. WORTH,TX Title: J P ;= rrJ c-e� SPH-2152109-1 AGREED TO this ( oC day of' , 2016, by: CITY OF FORT WORTH 1 1 iorr- Jesus J. Chapa, Assistant City Manager APPROVED AS TO FORM AND LEGALITY: Leann D. Guzman, Assistant City Attorney ®� V:ok ATTESTED: a 0 ary J. K , C6 Secretary �XAS OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX SPH-2152109-1