HomeMy WebLinkAboutContract 25809-A3 CITY SECRETARY
CONTRACT NO.
LEASE AMENDMENT
BETWEEN THE CITY OF FORT WORTH AND
BASSWOODBEACH CROSSING,LIMITED
WHEREAS, the City of Fort Worth, a Texas home rule municipal corporation
("Lessee") entered into a Lease Agreement ("Lease") (City Secretary Contract No. 25809)
effective as of April 28, 2000 with Basswoodbeach Crossing, Limited, a Texas Limited
Partnership ("Lessor") for leased premises located at 7451 N. Beach, Suite 180, Fort Worth,
Texas,76014,more particularly described in the Lease("Leased Premises);and
WHEREAS,that certain Lease(as amended by subsequent renewals and modifications)
will expire effective July 31,2017;and
WHEREAS,the Lessee and Lessor desire to extend the lease term by one(1) year to
expire July 31,2018 with an additional one(1)year automatic renewal option to expire July 31,
2019.
NOW THEREFORE,in consideration of the rentals set forth in the Lease, the parties
agree to amend the lease as follows:
SECTION 3.Term and Rent: This lease provides for an extension of the current
renewal term,at the base rental rate of$3,520 per month,for one(1)year to expire July 31,2018
and an additional one(1)year automatic renewal option,at the base rental rate of$3872.00 per
month,to expire July 31,2019.This lease may be terminated by either party with 30 days written
notice,
All other terms and conditions of the Lease remain unchanged and in full force and
effect.
[SIGNATURES APPEAR ON FOLLOWING PAGE]
Amendment to City Secretary Contract No.25809
1
OFFICIAL RECORD
CITY SECRETARY
31: WORTH,TX
EXECUTED this day of .2X0_0.
LESSEE,:City of Fort Worth LESSOR:Basswoodbeach Crossing,LTD
c/o:Triangle Property Management,Inc.
�-- ! Ron AvnW
Jay Chapa
By. President Of
Assistant City Manager N riangle Property managernent,lne
Title: it's General Partner
Date:
CONTRACT COMPLIANCE MANAGER
By signing,I acknowledge that I am the person responsible
for the monitoring and administration of this contract,including
ensuring all performance and reporting requirements.
Title:91"..ua
APP:RO D AS TO AND LEGALITY:
By:_ -L--
Leann Guzman
Senior Assistant City A me V QR T
ATTEST:
By: MVc
se V _
Ciret
Form 1295: 7zvaC,
Certificate Number:2017-222637
Date:6/1212017
Contract Authorization:
M&C:C-28345
Date:8/29x2017
Amendment to City Secretary Contract No.25809
2
OF'F'ICIAL RECORD
CITY SECRETARY
FT.WORN,TX
M&C Review Page 1 of 2
Official site of the Gty of Fort Worth;Texas
CITY COUNCIL AGENDA FORT11
COUNCIL ACTION: Approved on 8/29/2017
DATE: 8/29/2017 REFERENCE NO.: **C-28345 LOG NAME: 217451 N
BEACH
CODE: C TYPE: CONSENT PUBLIC HEARING: NO
SUBJECT: Authorize Execution of Amendment to Extend the Term of the Lease with Basswood
Crossing, LTD for the Fort Worth Police Department Storefront Located at 7451 North
Beach Street(COUNCIL DISTRICT 4)
RECOMMENDATION:
It is recommended that the City Council authorize the execution of an amendment to extend the term
of the lease with Basswood Crossing, LTD (City Secretary No. 25809) for the Fort Worth Police
Department storefront located at 7451 North Beach Street for a term of one year at a rental rate of
$3,520.00 per month, add a one year renewal option at the rental rate of$3,872.00 per month, with a
thirty day termination clause for either party.
DISCUSSION:
On April 25, 2000, Mayor and Council Communication (M&C L-12771), City Council approved a
Lease Agreement between the City of Fort Worth (City) and Basswood Crossing, LTD (Lessor) to
lease approximately 1,982 square feet of space located at 7451 North Beach Street to be used by the
Fort Worth Police Department as a storefront.
The Lease Agreement (as amended by subsequent renewals and modifications) had a rental rate of
$3,250.00 per month and had an expiration date of July 31, 2017.
The City and Lessor desire to extend the lease for a term of one year, at the rental rate of$3,520.00
per month, add a one year renewal option at the rental rate of$3,872.00 per month with a thirty day
termination clause for either party.
This property is located in COUNCIL DISTRICT 4.
FISCAL INFORMATION/CERTIFICATION:
The Director of Finance certifies that funds are available in the General Fund, Police Department cost
center for this purpose. Prior to incurring an expenditure, it is the Department's responsibility to verify
the availability of funds.
TO
Fund Department Account Project Program Activity Budget Reference# Amount
ID ID Year Chartfield 2
FROM
Fund Department Account Project Program Activity Budget Reference# Amount
ID I ID I I Year (Cha old 2
http://apps.cfwnet.org/council_packet/mc review.asp?ID=24828&councildate=8/29/2017 9/12/2017
M&C Review Page 2 of 2
Submitted for City Manager's Office by: Jay Chapa (5804)
Originating Department Head: Steve Cooke (5134)
Additional Information Contact: Jean Petr (8367)
Mark Brown (5197)
................
ATTACHMENTS
7451 N Beach Form 1295.pdf
7451 NorthBeachSt suite 180 M and C map.pdf
http://apps.cfwnet.org/council_packet/mc review.asp?ID=24828&councildate=8/29/2017 9/12/2017
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