HomeMy WebLinkAboutContract 29732-A2 S 6, 5 6 7 $s CITY SECRETARifZ:AL AMENDMENT N0. 2 cor�rRnCTNo.
CITY SECRETARY CONTRACT NO. 29732
a
FORT WORTH MEACHAM INTERNATIONAL AIRPORT
LEASE SITE 1-W
6 8 gii� NDMENT NO. 1 ("Agreement") is made and entered into by and between the CITY
OF _ 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
WTW PROPERTIES, INC. ("Lessee"), acting by and through PETER TUNNARD, its duly
authorized Vice President.
RECITALS
WHEREAS, On or about April 5, 2004, Lessor and Lessee entered into City Secretary Contract
("CSC")No. 29732 ("Lease"), a thirty year Ground Lease for the lease and use of real property known
as Lease Site 1-W and any improvements and facilities thereon ("Leased Premises") at Fort Worth
Meacham International Airport("Airport").
WHEREAS,the Lease contained two five year renewal options;
WHEREAS, the Leased Premises included certain real property identified as Lease Site 1-W
and consisting of approximately 114,560 square feet of ground space;
WHEREAS, during the initial term of the Lease, Lessee agreed to pay Lessor as annual rent
for Lease site 1-W the sum of Twenty-Four Thousand Fifty-Seven Dollars and 60/100 ($24,057.60),
which is based on a ground rate of $0.21 per square foot, payable in equal monthly installments of
Two Thousand Four Dollars and 80/100 ($2,004.80);
WHEREAS, On or about August 21, 2008, Lessor and Lessee enter into CSC No. 37465,
Amendment No. 1, to increase the square footage of the Premises from 114,560 square feet to 120,212
square feet;
WHEREAS, Lessor and Lessee wish to update the square footage of the Leased Premises,
originally identified in CSC No..37465, to reflect an additional increase in the square footage of the
Leased Premises; and
WHEREAS, the current adjusted rate, per Section 3.2. Adjusted Rates, is currently $0.2681
per square foot on an annual basis.
AGREEMENT
NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which
are hereby acknowledged, Lessor and Lessee hereby agree as follows:
WTW Properties,Inc.
Amendment No.2 to CSC No.29732
Page 1 of 4
or-FICIAL RECORD
CITY SECRETARY
rr,WORTH,TX
1. Section 1.2. Property Leased is amended to read as follows:
Lessor hereby demises to Lessee 154,075 square feet of land at Fort Worth Meacham
International Airport ("Airport") in Fort Worth, Tarrant County, Texas, identified as
Lease Site 1-W ("Premises"), as shown in Exhibit "A-2 Revised", which is attached
hereto and hereby made part of this Lease for all purposes.
2. Section 3.1. Annual Rent for Premises is amended to read as follows:
Lessee shall commence the payment of rent, upon execution of this Amendment in accordance
with this Section 3. Lessee shall pay Lessor rent in the amount of$41,307.51 which is based
on a rental rate $0.2681 per square foot on an annual basis, payable in monthly installments of
$3,442.29.
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.
WTW Properties,Inc.
Amendment No.2 to CSC No.29732
Page 2 of 4
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 4/11/2017
DATE: Tuesday, April 11, 2017 REFERENCE NO.: **C-28177
LOG NAME: 55FTW WTWPROP1 W AMEND02
SUBJECT:
Authorize Execution of Amendment No. 2 to City Secretary Contract No. 29732, an Unimproved Ground
Lease Agreement with WTW Properties, Inc., at Fort Worth Meacham International Airport (COUNCIL
DISTRICT 2)
RECOMMENDATION:
It is recommended that the City Council authorize execution of Amendment No. 2 to City Secretary
Contract No. 29732, an Unimproved Ground Lease Agreement with WTW Properties, Inc., at Fort Worth
Meacham International Airport.
DISCUSSION:
On February 24, 2004, Mayor and Council Communication (M&C L-13767), the City Council authorized
City Secretary Contract(CSC) No.29732, an Unimproved Ground Lease with WTW Properties, Inc.
(WTW) at Fort Worth Meacham International Airport for Lease Site 1-W, consisting of approximately
114,560 square feet of ground space. The Lease is a 30-year lease term with two five year renewal
options. On August 19, 2008, M&C C-22977, the City Council authorized CSC No. 37465, to amend the
square footage of the Leased Premises from approximately 114,560 square feet to approximately 120,212
square feet of ground space.
On or about August 22, 2016, WTW approached Staff requesting to update the square footage of the
Leased Premises. As a result, a new survey was completed on December 7, 2016, for Lease Site 1-W,
increasing the ground space from approximately 120,212 square feet to approximately 154,075 square
feet. Under the terms of this amendment, WTW will pay annual rent for the "Ground"the sum of
$41,307.51, at a current rate of$0.2681 per square foot, payable in equal monthly installments of
$3,442.29.
All other terms and conditions of the Lease shall remain in full force and effect.
J
The property is located in COUNCIL DISTRICT 2.
FISCAL INFORMATION/CERTIFICATION:
The Director of Finance certifies that the Aviation Department is responsible for the collection and deposit
of funds due to the City.
FUND IDENTIFIERS (FIDs):
Logname: 55FTW WTWPROPI W AMEND02 Page 1 of 2
FunDepartment ccoun Project ctivity Budget Reference # �mounl
ID ID IProgram
1 Year ` (Chartfield 2)
FROM
r7l_�paID
rtment ccoun Project Program ctivity Budget Reference # moun ID Year (Chartfield 2)
CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Bill Welstead (5402)
Additional Information Contact: Anne-Marie Stowe (5415)
ATTACHMENTS
1. Form 1295 -WTW Properties 03.07.2017.pdf (Public)
2. Property Map 1W 3W.pdf (Public)
3. Survey North 1-W Exhibit A-2 Revised.pdf (Public)
Logname: 55FTW WTWPROP 1 W AMEND02 Page 2 of 2
IN WITNESS WIIEhFOF,the parties hereto have executed this Agreement in multiples on this
the � ay of Ge TQi � ,2017.
CITY OF FORT WORTH:
B .��
y—
Fernando Costa
Assistant City Manager
Date:_ f/—.Z 1//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,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 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 VSday
&n ,2017.
•"""""'% TRIKINYA l JOHNSON
.•'pv n�
=r0
4 Notary Public,State of Texas
Comm.Expires 04-17-2018 Notary Pub in or the State of Texas
°;,`,°±° Notary ID 1238832.0
APPROVED AS TO FORM ATTEST:
AND LE TY:
By: 01 By:
Paige ebane -"6 S16, ity 'ecretary
Assistant City Attorney
M&C: C-�g177 �oF.FoRT�
Approval Date: ^fi—% �' 7 C� O
Form 1295:
WTW Properties,Inc. oFFiCiAL RECORD
Amendment No.2 to CSC No.29732 CITY SEC+R ARY
Page 3 of 4
p'T.WQin'HtTX
Contract Compliance Manager:
By signing I acknowledge that I am the person responsible for the monitoring and administration of this
contract 'nciuding ensuring all performance and reporting requirements.
Anne-Marie Stowe /J
Title
LESSEE: ATTEST:
WTW OPER IES,INC.
;1
By: B
Y: 116
_
P ter ThGard,4ace President
Date: 0-�) 2 l - w m
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 Peter Tunnard, 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 WTW PROPERTIES,INC.
and that s/he executed the same as the act of WTW PROPERTIES, INC. for the purposes and
consideration therein expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day
2017.
�iIJA"o�D
Notary u lic in and for the State exas
.► " � TAYLOR MICHELLE ROES
i® Notary Public.State';-Pxas
Comm.Expires Uti-30.2020
Notary tD 1265759&1
WTW Properties,Inc.
Amendment No.2 to CSC No.29732
Page 4 of 4
EXHIBIT A-2 REVISED
All of Lease Area 1-W,WTW Properties,Inc
D214244047,DRTCT
Portion of Lease Area 52-S
No recording info available
Meacham Airport
Fort Worth,Tarrant County,Texas
BEING a 3.537 acre tract of land situated in the John H.Duncan Survey,Abstract Number 397,the Thomas Hicks Survey,Abstract Number 1820 and
the Charles Putnam Survey,Abstract Number 1250, City of Fort Worth,Tarrant County,Texas and being a portion of Lot 3,Meacham Airport an
addition to the city of Fort Worth,Tarrant County,Texas as shown on plat recorded in Cabinet A.,Slide 2445,Plat records,Tarrant County,Texas
(PRTCT),and being all of a tract of land as described in a Lease agreement as Lease Area 1-W to WTW Properties,Inc.as recorded in Document
Number D214244047 of the Deed Records Tarrant County,Texas(DRTCT)and being a portion of a tract of land as described in a Lease agreement as
Lease Area 52-S,an unrecorded document provided by the City of Fort Worth Aviation Department and being more particularly described by metes
and bounds as follows:(Bearings referenced to U.S.State Plane Grid 1983-Texas North Central Zone(4202)NAD83 as established using GPS
Technology in conjunction with the RTK Cooperative Network,all distances at ground).
BEGINNING at a found mark"X"in concrete for the southeast corner of the said Lease Area 1-W,having NAD 83 State Plane Grid Coordinates of
Northing=6,981,873.65,Easting=2,317,944.33;
THENCE with the south line of the said Lease Area 1-W the following courses and distances:
South 81"07'33"West,a distance of 250.98 feet to a set mark"X"in concrete;
North 08°43'39"West,a distance of'18.16 feet to a set mark"X"in concrete;
South 81°18'57"at a distance of 137.44 feet passing a found mark"X"in concrete for the southwest corner of the aforementioned Lease Area
1-W,in all a total distance of 246.02 feet to a set 5/8"iron rod with yellow cap marked"BHB INC"(CIRS);
THENCE North 08°40'55"West,departing the aforementioned south line,a distance of 308.55 feet to a CIRS;
THENCE with the north and east lines of the said Lease Area 1-W the following courses and distances:
North 81"17'00"East,at a distance of 108.50 feet passing a found 5/8 inch yellow capped iron rod marked"JACOBS"for the northwest corner
the said Lease Area 1-W having NAD 83 State Plane Grid Coordinates of Northing=6,982,137.17,Easting=2,317,511.21 in all a total distance of
465.58 feet to a found mark"X"in concrete for the northeast corner of the said Lease Area 1-W having NAD 83 State Plane Grid Coordinates of
Northing=6,982,191.26,Easting=2,317,864.04;
South 08°43'51"East,a distance of 89.07 feet to a found 5/8 inch yellow capped iron rod marked"JACOBS'having NAD 83 State Plane Grid
Coordinates of Northing=6,982,103.24,Easting=2,317,877.55;
South 35°02'53"East,a distance of 70.27 feet to a found 5/8 inch yellow capped iron rod marked"JACOBS'having NAD 83 State Plane Grid
Coordinates of Northing=6,982,045.72,Easting=2,317,917.90;
South 08°43'51"East,a distance of 174.11 feet to the POINT OF BEGINNING and containing 154,075 SgFt or 3.537 acres more or less.
SURVEYOR'S CERTIFICATION
NOTES: I,John G.Margatta,a Registered Professional Land Surveyor licensed in the State of Texas,do hereby declare
1.Basis of bearing being State Plane Grid- that this survey is true and correct and was prepared from an actual survey made under my supervision on
Texas North Central Zone(4202)NAD83 as the ground. Further,this survey conforms to the general rules of procedures and practices of the most
established using GPS Technology in current Professional Land Surveying Practices Act.
conjunction with the RTK Cooperative
Network.Reference frame is NAD83(2011)
Epoch 2010.0000. 4z��
2.Coordinates shown are at Grid. — C E TF
3.All distances shown are at ground. 1 h�:G.Margotta C, \STER
Registered Professional Land Surveyor F0:S
No.5956 7�s° •s
Date:November 15,2016 ••�••••••••••••••••�•••
Revised December 7,2016 JOHN G. MAsRGOTTA
so ve eee eseeeeseoee°see
BAIRD, HAMPTON & BROWN, INC. �.��, 59S
ENGINEERING & SURVEYING <q�i0:;;S;� yO
6300 Ridglea Place, Ste. 700, Ft. Worth, TX 76116 S tJ R v
jmargottaObhbinc.com 817-338-1277 www.bhbinc.com
BHB Project #2016.912.000 TBPE Firm F-44 TBPLS Firm 10011300
Drawing: E:\Surveyl6\912\000 XTO Meacham Hanger Boundary Survey\Dwg\North Lease Mea.dwg
N
All of Lease Area 1-W,WTW Properties,Inc
D214244047,DUCT
Portion of lease area 52-S
No recording info available W+E
Meacham Airport
Fort Worth,Tarrant County,Texas
21
((�� n nn i x•cur $
chafts POnam Survey E: 2,387,664.04
N: 6.982.137.17
AbOrad No.1250 465.58' 0 80'
E: 2,317,511.21
5/8�N ROD J�OBBSS GI ��� W SCALE: 1"= 80'
s
N81•17'0V'E Block 3, Meacham Airport 101 ���
CIRS 08.50 Cabinet A, Slide 2445 &0%.
5/8'
IRON
I
Ap roximate Survey Line PRTCT UP YELLOW CAPPED
RON ROD JACOBS
N: 6.982103.24
E. 2,317,877.55
8 C
E Lease Area 1—W QST
UJIo WTW Properties, Inc / (�
00 D214244047 .(/ 5/8-YELLOW CAPPED
DUCT IRON DN ROD JACOBS
�(/ N,6.982.045.72
O E 2,317,917.90
L
I� oe
.P
� r W
X94
0� � 154.075 SaFt ��
r ° 111
4% b�® 3.537 Acres
on e N
Metal Hanger Portion of Leas
Z Area 52—S
O a,
0 / WV FH
0
LM 0 FDC x'cur
0 WV x'SET... .� WV I'®8
7 "18'5 N 0 L . Tower Lease Area Vr
N:
E: fi.981 x"c
7 W 2,317,944.33
581' , ` 7c' t•Cur Line Table
CIRS 246.02' x•cur ° K Line u Direction Length
E: 2,317.557.79 Ll 581'07'33"W 250.98
Metal Hanger L2 N8'43'39"W 18.16
LEGEND Lease Area 5 S L3 sg•43'51"E 89.07
L4 S35'02'S3"E 70.27
DRTCT......Deed Records Tarrant County,Te s
POB..........Point of Beginning SURVEYOR'S CERTIFICATION
POC..........Point of Commencing
RTCT....... lat Records Tarrant County,Texas
IR ...,.,,SI,John G.Margotta,a Registered Professional Land Surveyor licensed in the State of Texas,do hereby declare
marked"BHB INC'et 5/8 inch iron rod with yellow cap that this survey is true and correct and was prepared from an actual survey made under my supervision on
NOTES: the ground. Further,this survey conforms to the general rules of procedures and practices of the most
1.Basis of bearing being State Plane Grid- )curreProfessional Land Surveying Practices Act.
Texas North Central Zone(4202)NAD83 as
established using GPS Technology inconjunction with the RTK Cooperative Margotta S O F T
Network.Reference frame is NAD83(2011) Registered Professional Land Surveyor �P••••O F 7e
Epoch 2010.0000. No.5956 �e.q�G�STE/�,F'%
2.Coordinates shown are at Grid. *0
Date:November 15,2016 •
3.All distances shown are at ground. Revised December 7,2016 "••"""'•""•"'••"'
BBAIRD , HAMPTON & BROWN , INC. •J•oHNG�MARGOTTA
ENGINEERING & SURVEYING :•-o 5956 P:•�
6300 Ridglea Place, Ste. 700, Ft. Worth, TX 76116 `9�0
jmargottaObhbinc.com 817-338-1277 www.bhbinc.com SU R
BHB Project #2016.912.000 TBPE Firm F-44 TBPLS Firm 10011300
Drawing: E:\Surveyi6\912\000 XTO Meacham Hanger Boundary Survey\Dwg\North Lease Area.dwg