HomeMy WebLinkAboutContract 33077 !� CITY SECRETAFrr
CONTRACT W.
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MODIFICATION AND REINSTATEMENT OF LEASE
AGREEMENT
THE STATE OF TEXAS
KNOW ALL BY THESE PRESENTS
COUNTY OF TARRANT
THAT this Modification of Lease Agreement is made and entered into between
Basswood Crossing Limited Partnership,a Texas limited partnership("Lessor")and the
City of Fort Worth,a municipal corporation,acting by and through its duly authorized
representatives("Lessee")for and in consideration of One Dollar($1.00)and other good
and valuable consideration,receipt of which is hereby acknowledged.
WITNESSETH
1. Lessor and Lessee acknowledge that certain Lease Agreement for office space,
dated April 28,2000,City Secretary Contract No.25809,and the subsequent
renewal of lease letters for approximately 1,982 square feet of office space
located at 4301 Basswood Boulevard,Suite 180,Fort Worth,Tarrant County,
Texas 76104(the Lease)has expired effective July 31,2005. By execution of this
Modicfication and Reinstatement of Lease Agreement the parties hereto agree that
the Lease is hereby reinstated pursuant to the terms therein except as modified
herein.
2. Lessor and Lessee agree that effective August 1,2005 the lease shall be extended
for a term of five(5)years and shall expire on July 31,2010.
3. Lessee shall have the right to terminate this Lease at the end of the twenty-fourth
(20),thirty-sixth(36h),and forty-eighth(48th)months(the Expiration Months).
In order to exercise this right within 30 days following the applicable Expiration,
Lessee must provide Lessor with at least one hundred twenty(120)days prior
written notice,and pay to Lessor a penalty equal to one(1)monthly rental
installment.
4. Lessor and Lessee agree that the base monthly rental rate will remain at
$3,633.67.
5. All other terms and conditions of the original Lease Agreement remain unchanged
and in full force and effect.
EXECUTED thisITh
l day of f 200/4
LESSOR: Basswood Crossing LESSEE:The City of Fort Worth
Limited Partnership
By: Cencor Realty Services,Inc.,Agent
By: By:
N e:Raymond Poche Joetanvic
nu
Executive Vice President Assi , anager
Attest:
�SrT rr.r�cc.
..•i ivu.�.�. City Sec 6tary
Approved to From and Legality:
AksistanVCity AttoKxj—
STATE OFT A §
��a�
COUNTY OF T A D D O STT §
BEFORE ME,the undersigned authority, a Notary Public in and for the State of Texas,
on this day personally appeared kt , known to me to be the
same person whose name is subscribed to the foregoing instrument, and acknowledged to me that
the same was the act of �a�imor.c� -Td LL t and that he/she executed the same
as the act of said -eUl�, cz m 4vv,-+, for the purposes and
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consideration therein expressed and in the capaci therein stated. �
GIVEN UNDER MY HAND AND SEAL OF OFFICE this y day of
F'r'-Le , 200 .j
ELAINE J. WISE
Notary Public,State of Texas
,. My commission Exp.04-11-2006
Notary Public in for the State of Texas
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 Joe Paniagua, known to me to be the same person whose name is
subscribed to the foregoing instrument, and acknowledged to me that the same was the act of Joe
Paniagua and that she executed the same as the act of said 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 (cam 1 day of
Tnm11 a Ali, , 200
Notary Pubdic in and for the State of Texas
KA.TJY F.DURHAM
MY:OMMISSIONRES
'= January 24,