HomeMy WebLinkAboutContract 33363 CITY SECRETARY
CONTRACT NO
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RENEWAL AGREEMENT
CITY SECRETARY CONTRACT NO. 11963
FORT WORTH MEACHAM INTERNATIONAL AIRPORT
UNIMPROVED GROUND LEASE
This RENEWAL AGREEMENT ("Agreement") 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 situated in portions of Tarrant and Denton
Counties, Texas, acting by and through Marc Ott, its duly authorized Assistant City Manager,
and Atkinson, Bibbee and Francis ("Lessee"), acting by and through Mr. Frank Bibbee,Vance
Atkinson and Ken Francis, its duly authorized Owners.
Recitals
The following statements are true and correct and form the basis of this Agreement:
A. Lessor and Lessee previously entered into City Secretary Contract ("CSC") No.
11963, (collectively the "Lease"), an Unimproved Ground Lease Site 34-S at Fort Worth
Meacham International Airport ("Airport") and agreement giving Tenant the right to store
aircraft on such property at the Airport. The Lease commenced on June 1, 1981 and expires on
May 31, 2006, subject to renewal at Lessee's option for two (2) consecutive terms of five (5)
years each.
B. The Lease has not been previously renewed. In accordance with the provisions of
the Lease, Lessee has properly exercised its first (1S) option to renew the Lease for a five (5)
year period.
Agreement
1. The Lease is hereby renewed and extended for a term of five (5) years, commencing on
June 1, 2006 and expiring on June 1,2011.
2. All other terms and conditions of the Lease shall remain in full force and effect.
IN WITNESS WHEREOF, Lessor and Lessee h ve executed four(4) duplicate original
copies of this Agreement on this c day o�( 1 , 2006.
CIT`
CITY OF FORT-WORTH: ATKINSON,BIBBEE,FRANCIS:
By: By:
Marc Ott Frank Bibbee
Assistant City Manager Owner
ATTEST: By: -
Vance Atkinson/ er
-z'
By: By:
-city Secretary Ken Francis/Owner
APPROVED AS TO FORM AND LEGALITY:
By.
Maleshia Farm r
Assistant City Attorney
M&C: C-21280 1-31-06
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 Frank Bibbee,Vance Atkinson and Ken Francis,known to me to be
the persons whose names is subscribed to the foregoing instrument, and acknowledged to me that
the same was the act of Atkinson,Bibbee and Francis and that he executed the same as the act of
Atkinson, Bibbee and Francis for the purposes and consideration therein expressed and in the
capacity therein stated. I
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of tLI
2006.
c*aY•PG�G.. GALLANT BUI
1 Notary Public State of Texas
Commission Expires Notary Public in and for the State of Texas
AUGUST 5, 2006
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 Marc Ott,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 Ab"day of
2006.
Notary Public in anfor the State of Texas
HETTIE LANE
COh01A1SS1pN EXPIRES
July 26,2007
Ilk IS6V�9S�
" , e 1
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 1/31/2006
DATE: Tuesday, January 31, 2006
LOG NAME: 55ATKINSON REFERENCE NO.: **C-21280
SUBJECT:
Authorize Execution of a Five Year Lease Extension of City Secretary Contract No. 11963 with
Atkinson, Bibbee and Francis for Unimproved Ground Lease Site 34-S at Fort Worth Meacham
International Airport
RECOMMENDATION:
It is recommended that the City Council authorize the City Manager to execute a five year lease extension
with Atkinson, Bibbee and Francis for Unimproved Ground Lease Site 34-S at Fort Worth Meacham
International Airport.
DISCUSSION:
City Secretary Contract (CSC) No.11963, a 25-year ground lease of unimproved property, was executed on
June 1, 1981, (M&C C-5801) and expires on May 31, 2006. On October 13, 2005, City staff received a
request from Mr. Frank Bibbee, Vance Atkinson and Ken Francis to execute the first of two, five-year
extensions in accordance with the lease agreement.
In accordance with the established Schedule of Rates and Charges, this lease site of 7,998.5 square feet
will generate revenue of$1,759.67 per year, or $146.64 monthly.
The lease will provide for a 5 year term with one, five-year option to renew. The initial term of the lease will
commence upon the date of execution. Rental rates shall be subject to an increase on October 1st of any
given year to reflect the upward percentage change, if any, in the Consumer Price Index for the period since
the last adjustment. All agreement terms will be in accordance with City and Aviation Department policies.
The property is located in COUNCIL DISTRICT 2.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that the Revenue Office of the Finance Department will be responsible for the
collection and deposit of funds due to the City under this agreement.
TO Fund/Account/Centers FROM Fund/Account/Centers
PE40 491352 0551101 $1,759.67
Submitted for City Manager's Office bT. Marc Ott (8476)
Originating Department Head: Mike Feeley (5403)
Additional Information Contact: Mike Feeley (5403)
http://www.cfwnet.org/council_packet/Reports/mc_print.asp 5/1/2006