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HomeMy WebLinkAboutContract 49146-A1 CITY SECRETARY L CONTRACTN0. glp-lq- AMENDMENT TO LICENSE AGREEMENT BETWEEN THE CITY OF FORT WORTH AND MWG ENTERPRISES,LLC WHEREAS, the City of Fort Worth, a Texas home rule municipal corporation ("Licensee") and MWG Enterprises LLC, a Texas Limited Liability Corporation ("Licensor") entered into a LICENSE AGREEMENT (the "License") (City Secretary Contract No. 49146) for 71 designated parking spaces, located West Belknap and Lexington Street, situation in Fort Worth, Tarrant County, Texas, as more particularly described in Exhibit A of the Agreement;and WHEREAS, both MWG Enterprises LLC, and the City of Fort Worth desire to amend the License to reduce the number of parking spaces effective September 1, 2017. NOW THEREFORE, the parties agree to amend the Agreement by deleting Paragraphs 1 and 4 and replacing in their entirety with the following: "1. Premises. Subject to the provisions hereinafter set forth and in consideration of the covenants and agreement to be performed by Licensee herein set forth, Licensor does hereby grant unto Licensee the exclusive right to use 40 parking spaces on the property located at West Belknap and Lexington Street, situated in Fort Worth, Tarrant County, Texas, as more particularly described in Exhibit"A" of the Agreement('Premises")." "4. Consideration. The monthly license fee for the Premises is$2,000.00 per month("License Fee")for 40 designated parking spaces,based on$50.00 per parking space per month." All other terms and conditions of the Agreement remain unchanged and in full force and effect. [SIGNATURES APPEAR ON FOLLOWING PAGE] �i a cl"yo F AMENDMENT TO CITY SECRETARY CONTRACT 49146 OFFICIAL RECORD 1 CITY SECRETARY FT.WORTH,TX EXECUTED this day of 1 2017. LICENSOR: MWG Enterprises L By: Name: Marc Gunderson CEO and PRESIDENT LICENSEE: CITY OF FORT WORTH By: Av�ll Jesus J. Chapa,Assistant City Manager 7Ap ;oved asto7krm and Legality: earn D. Guzman Assistant City Attorney A to t: O��ORTh5l�- l,1,0 Cily Secretary OFFICIAL RECORD AMENDMENT TO CITY SECRETARY CONTRACT 49146 CITY SECRETARY2 FT.WORTH,TX