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HomeMy WebLinkAboutContract 31898 CITY SECRETARY' CONTRACT NO. 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 Robert Joe Hill made and entered into a 50 year Lease Agreement ("Lease")on Novem er , 19 85 for property described as Lot 22R, Block 7 aka 771 Lon orris and WHEREAS, the Lease has been assigned to John W. Foster , ("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 Lad is comprised of Lot 22R , Block 7 , Lake Worth Leases an addition as shown on the plat recorded in Cabinet , Slide 6448 , Plat Records, Tarrant County, Texas and as shown on the plat or replat attached to this First Amendment to Lease as Exhibit"A". *to the City of Fort Worth embracing a part of the Moses Townsend Survey Abst No. 1552 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 . LESSOR CITY OF FORT WORTH - contract Authorization. Marc A:Ott, Assistant City Manager Date ATTEST: APPROV,�l D AS TO FORM AND LEGALITY: City Secretary A(sis-tantkLAu ey n Amendment w/Assignment _ � 04 LESSEE STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowled ed before me this the �l day of A.Douglas Ra�emaker �— D� D 5 ;by Actin Assistant City Manager _ for the City of Fort Worth, a municipal corporation, on behalf ofsaid corporation. HETTIE LANE -� °� ` /Z �� �':: My COMMISSION EXPIRES Notary Public, State of Texas +�✓" July 20,2007 STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the 12th day of January , 2004,by_John W Foster otarylic, State of Texas STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of , 2004,by Notary Public, State of Texas J Amendment with Transfer � ISG1'.a EXHIBIT "A" PLAT OF REVISED LEASED LAND Lot 22R ,Block 7 , Lake Worth Lease an* to the City of Fort Worth, Tarrant County, Texas as shown on plat filed at Cabinet A , Slide 6448 ,Plat Records, Tarrant County, Texas Attached *addition to the City of Fort Worth embracing a part of the Moses Townsend Sruvey Abst No. 1552 ;ar/+ �SUh1r1 L� Amendment with Transfer Q, r U �'i 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'OU 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. 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