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HomeMy WebLinkAboutContract 26942 CITY SECRETARY CONTRACT NO. FIRST AMENDMENT TO CITY SECRETARY CONTRACT NO. 24642 LIVESTOCK EXCHANGE BUILDING LEASE AGREEMENT STATE OF TEXAS § COUNTY OF TARRANT § This First Amendment to City Secretary Contract No. 24642 (the "Agreement") is made and entered into by and between the HICKMAN INVESTMENTS, INC., a Texas Corporation, by and through its duly authorized Chairman of the Board and CEO (hereinafter referred to as the "Lessor") and the City of Fort Worth, by and through its duly authorized assistant city manager(hereinafter referred to as the "Lessee). WHEREAS, on February 5, 1999, the Lessor and Lessee entered into City Secretary Contract No. 24642 where the Lessor demised and leased to the Lessee property located at 130, 131 and other addresses on East Exchange Avenue, Fort Worth, Texas 76106, together as the Leased Premises, more particularly described in the attached Exhibit A, for the promotion and use of the Fort Worth Herd program; and WHEREAS, the Lessor and Lessee desire to amend said City Secretary Contract No. 24642 for the purpose of including additional property in the Leased Premises in order to develop an interpretative exhibit for the Fort Worth. NOW, THEREFORE, KNOW ALL PERSONS BY THESE PRESENTS: That for good and valuable consideration which both parties acknowledge by their signatures below,the Lessor and Lessee hereby covenant and agree as follows: 1. That City Secretary Contract No. 24642 is hereby amended by adding Exhibit A-4 as part of the Leased Premises in SECTION 1- GRANTING CLAUSE, and after said amendment, Section 1 of City Secretary Contract No. 24642, shall read as follows: SECTION 1- GRANTING CLAUSE. That the Lessor, for and in consideration of the covenants, conditions, agreements and stipulations hereinafter contained, DOES HEREBY DEMISE AND LEASE to the Lessee, and the Lessee DOES HEREBY TAKE AND HIRE from the Lessor, as listed on attached Exhibit A, to include Exhibits A-1, A-2, A-3 and A-4 ("Leased Premises") located at 130, 131 and other addresses on East Exchange Avenue, Fort Worth, Texas 76106, togethe a9 -Leased P j,c� oc� :.� �C� ukR LON more fully described in the Attached Exhibit A, to include Exhibits A-1, A-2, A-3 and A-4, and made a part hereof. 2. That all other terms and conditions of City Secretary Contract No. 24642 which are not expressly amended herein, shall remain in full force and effect throughout the term of this Agreement. IN WITNESS WHEREOF, the parties hereto have made and entered into this amendment this�day of , 2001, in Fort Worth, Tarrant County, Texas. ADDRESS FOR NOTICE: LESSOR 130 East Exchange Avenue Hickman Investments, In Fort Worth, Texas 76106 By: Holt Hickman Title: Chairman of the Board & CEO ADDRESS FOR NOTICE: LESSEE 1000 Throckmorton Street City of F x Worth Fort Worth, Texas 76102 By: Libby Watson Title: Assistant City Manager ATTEST: Gloria Perso ity Secreta C _ g6 0 7- 13�0 Contract Authorization S-a - 0 APPROVED AS TO FORM AND LEGALITY: Date Davidt, City Attorney By 7/ o✓�o� Assis nt Ci Attorney INN MU1,20y ME 2 EXHIBIT A-4 " STOCKYARD OBSERVATION AREA } #MF MN W Or LEASE AMENDMENT AREA FOR EDUCATION PROGRAM . r Me d � Y 26 h I �. U YfC J�' NrIi1Y OL City of Fort Worth, Texas 4brivor And council Communication DATE REFERENCE NUMBER I LOG NAME PAGE 5/22/01 C-18604 80HICKMAN 1 of 1 SUBJECT AMEND LEASE AGREEMENT WITH HICKMAN INVESTMENTS, INC. TO PROVIDE ADDITIONAL PROPERTY FOR THE FORT WORTH HERD PROGRAM RECOMMENDATION: It is recommended that the City Council authorize the City Manager to amend the current lease with Hickman Investments, Inc. to include the property identified in the attached Exhibit A-4 of Amendment No. 1 to City Secretary Contract No. 24642. DISCUSSION: On December 15, 1998 (M&C L-12400), the City Council approved a lease agreement with Hickman Investments, Inc. providing office space, livestock pens and stable facilities for the Fort Worth Herd program (City Secretary Contract No. 24642). The term of the lease is five years, with one five-year option to renew. The agreement was entered into on February 5, 1999, at an annual lease fee of $1.00. The additional property shown in Exhibit A-4 will be utilized in the Fort Worth Herd education program. The property is planned for a cattle demonstration area and an interpretive learning center utilizing the original Scalehouse. The Parks and Community Services Department is currently seeking grant funding and donations from external sources for this renovation project which is estimated to cost $100,000. This program is located in COUNCIL DISTRICT 2. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that this action will have no material effect on City funds. LW:k Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) APPROVED Libby Watson 6183 CITY COUNCIL Originating Department Head: MAY 22 2001 Richard Zavala 5704 (from) Additional Information Contact: ! City secretary of tho City of Fort Worth,Texas Harold Pitchford 5728