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AMENDMENT NO. 1
CITY SECRETARY CONTRACT NO. 41999
FORT WORTH MEACHAM INTERNATIONAL AIRPORT
LEASE SITE 39N
This AMENDMENT NO. 1 ("Agreement") is made and entered into with an effective date of
January 1, 2017 by and between the CITY OF FORT WORTH ("Lessor"), a home rule municipal
corporation organized under the laws of the State of Texas, acting by and through Fernando Costa, its
duly authorized Assistant City Manager, and INTERNATIONAL AEROSPACE COATINGS, INC.,
a Washington corporation ("Lessee"), acting by and through SCOTT OLSON, Secretary of Lessee.
RECITALS
WHEREAS, On or about July 19, 2011, Lessor and Leading Edge Completions Center LLC
("LECC") entered into City Secretary Contract ("CSC") No. 41999 ("Lease"), a twenty-year Ground
Lease for the lease and use of real property known as Lease Site 39N and any improvements and facilities
thereon("Leased Premises")at Fort Worth Meacham International Airport("Airport").
WHEREAS,the Lease contained two ten year renewal options;
WHEREAS, the Leased Premises included certain real property identified as Lease Site 39N
and consisting of approximately 370,940 square feet of ground space, including a 69,490 square feet
hangar facility;
WHEREAS, during the initial term of the Lease, LECC agreed to pay Lessor as annual rent
for Lease site 39N the sum of One Hundred Thirty Seven Thousand Dollars and 00/100 ($137,000),
payable in equal monthly installments of Eleven Thousand Four Hundred Sixteen Dollars and 67/100
($11,416.67);
WHEREAS, on December 31, 2016, Lessee reorganized its corporate structure, and merged
LECC (an affiliated company of Lessee)with and into Lessee; and
WHEREAS,Lessor and Lessee wish to change the Lessee name, originally identified in CSC
No. 41999 as Leading Edge Completions,LLC to International Aerospace Coatings, Inc.
AGREEMENT
NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which
are hereby acknowledged,Lessor and Lessee hereby agree as follows:
1. Introduction is amended to read as follows:
This HANGAR AND GROUND LEASE AGREEMENT ("Lease") is made and
entered into by and between the CITY OF FORT WORTH ("Lessor"), a home rule
municipal corporation organized under the laws of the State of Texas and acting by and
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Amendment No.1 to CSC No.41999 G;7` "N
Page 1 of 4 h
FOIFFFICIAL
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through Fernando Costa, its duly authorized Assistant City Manager, and
International Aerospace Coatings, Inc., acting by and through Scott Olson, its duly
authorized Secretary.
2. Section 15 Notices.
To LESSOR: To LESSEE:
City of Fort Worth International Aerospace Coatings,Inc.
Aviation Department P.O.Box 19166
201 American Concourse, Ste 330 Spokane,WA 99219
Fort Worth,Texas 76106
3. All other provisions and conditions of the Lease that are not expressly amended herein or
directly in conflict with the provisions and conditions of this Amendment shall remain in full
force and effect.
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Amendment No.1 to CSC No.41999
Page 2 of 4
WITNESS WHEREOF, the parties hereto have executed this Agreement in multiples on this
the 1Iday of 32017.
17
CITY OF FORT WORTH:
By: Cyl f --
Fernando
---Fernando Costa
Assistant City Manager
Date: .4 7
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this
day personally appeared Fernando Costa,blown to me to be the person whose name is subscribed to the
foregoing instrument, and acknowledged to me that the same was the act of the City of Fort Worth and
that he executed the same as the act of the City of Fort Worth for the purposes and consideration therein
expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this ,j U, day
ln' ,2017.
a4�rrw••y TRIKINYA L JOHNSON
=SPF'vs=Notary Public,State of Texas Notary Public in a d or the State of Texas
: Comm. Expires 04-17-2018
°'�•,°;,'`�`'� Nolory ID 1239832.0
APPROVED AS TO FORM ATTEST:
AND EGALITY:
By: By:
Paige bane ary J. KaLs ity ecretary
Assistant City Attorney
OF•F�RT�
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Amendment No.1 to CSC No.41999A�j
Page 3 of
OFFICIW,l�&;GG_a L
CITY SECRETARY
FT.WORTH,TX
Contract Compliance Manager:
By signing I acknowledge that I am the person responsible for the monitoring and administration of this
contract, ' uding ensuring all performance and reporting requirements.
Anne-Marie Stowe
Title
LESSEE: ATTEST:
INTERNATIONA AEROSPACE
COATINGS C.
B �' B
y� y.
Scott Olson, Secretary
Date: Ivan-t,'q 1v 17
STATE OF �� oCY� �, §
COUNTY OF flt' .v §
COABEFORE ME, the undersigned authority, a Notary Public in and for the State of
on this day personally appeared Scott Olson, known to me to be the person
whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act
of INTERNATIONAL AEROSPACE COASTINGS, INC. and that s/he executed the same as the act
of INTERNATIONAL AEROSPACE COASTINGS,INC. for the purposes and consideration therein
expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this 2,4f day o-F
Has" , 12017.
IiQ1 AWN 1//V� W 14274
W
OW40 County
Comm,Dom Jul 3,2019 Notary Public in and for the State of C W 14 o rn
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Amendment No.1 to CSC No.41999
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