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HomeMy WebLinkAboutContract 30485 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 S.A. and Mary E. Ball made and entered into a 50 year Lease Agreement ("Lease") on 9 February 19 82 for property described as Block 31, Lots 20& 21, Lake Worth Lease Survey, aka 8308 ; and Shoreview Dr WHEREAS, the Lease has been assigned to Larry H. Ball ("Lessee"), the current Lessee of the Leased Land; and 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 21 , Blocker`, I akP Worth leases. an additinn to the City of* as shown on the plat recorded in Cabinet A , Slide 9041 , Plat Records, Tarrant County, Texas and as shown on the plat or replat attached to this First Amendment to Lease as Exhibit"A". * 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 effect. EXECUTED as of the day of ZV , 200 . LESSOR 1 I bri ar� CI OF FORT WOn7D Contract huthoriaatioa L I a— I ( 0 — Marc A. O , Ass istan C nager Date ATTEST: APPRO tD S TO FORM AND LEGALITY: 6a6 At City Secretary& Assistantkity Attorney Amendmentw/Assignment w$ LESSEE "j, '-Carry H. Ball STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the Z"-W day of 2004, by Marc A. Ott, Assistant City Manager for the City of Fort Worth, a Kunicipal corporation, on behalf of said corporation. HETTIE LANE Notary Public, State of Texas ° MY COMMISSION EXPIRES �* July 26,2007 STATE OF TEXAS § COUNTY OF TARRANT § �7'hisi strument was acknowledged before me this the day of 2004, by LArry H. Ball 4< NARY STTATE:OF 4otary Publi , tate aTexas STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of , 2004, by Notary Public, State of Texas i Amendment with Transfer Sty EXHIBIT"A" PLAT OF REVISED LEASED LAND Lot 21 Block 31 Lake Worth Leases , an addition to the City of Fort Worth,Tarrant County,Texas as shown on plat filed at Cabinet A , Slide 9041 ,Plat Records,Tarrant County,Texas Attached Amendment with TransferF5' :U, Z W w o z a 0 IL < rrp�, ¢� Q I I I ON xw z = o 3w r"' a0 w lIVa SYOaA SVl z .o MIf1�MN�NNNOD OiN I I I 411. 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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 Jegal 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 (8475) •:Originating Department Head: A. Douglas Rademaker(6157) .additional Information Contact• A. Douglas Rademaker(6157)