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HomeMy WebLinkAboutContract 26800 r 7 CITY SECRETARY CONTRACT NO. 0;)(0 EC0 GUINN SCHOOL LEASE AGREEMENT THIS LICENSE AGREEMENT, made and entered into this 20th day of April, 2001 by and between Business Assistance Center ("BAC"), and the City of Fort Worth"City". WITNESSETH WHEREAS, City is the owner of the building known as the Guinn School, located at 1150 South Freeway, Fort Worth, Tarrant County, Texas, ("Premises"), and WHEREAS, BAC and City now desire to enter into an agreement whereby the BAC will lease the Premises, under such terms and conditions as are hereinafter more particularly set forth. NOW, THEREFORE, in consideration of the mutual promise herein contained, the parties hereto do hereby agree as follows: 1. In consideration of the BAC agreeing to manage and operate the premises, the City hereby gives the BAC permission to furnish, occupy and sublease the Premises for the purpose of office space. 2. The term of this Agreement shall be for 28 days beginning on the date of this Agreement. The BAC and the City agree that either party may terminate this Agreement, with or without cause, by giving the other party 48 hours prior written notice. 3. The consideration for this Agreement shall be the mutual benefits received by both parties through the use of the Premises by the City. 4., City agrees that all items placed in or on the Premises by the BAC or its sub-lessees will be removed from the Premises as soon as practicable following termination of this Agreement, but in no event later than 10 days after the termination of the Agreement. 5. All property belonging to the BAC shall be on the Premises at the risk of the BAC, and City shall not be liable to damage thereto or theft or misappropriation thereof. 6. The BAC will require any sub-lessee to purchase liability insurance in the amount of $1 million per occurrence and $2 million aggregate and to appropriately cover contents. 7. All notices to the BAC shall be sent to: 1150 South Freeway Fort Worth TX 76104 Attn: Dorothy Wing t�►�RCc!V,L G'EC10EVDa V Ua �'tilli'.�tru: iia All notices to City shall be sent to: Administrator, Real Property Management City of Fort Worth 927 Taylor Street Fort Worth, Texas 76102 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their duly authorized corporate officers. SIGNED this 20th day of April, 2001. LESSOR: LESSEE: THE CITY OF O WORTH THE BUSINESS ASSITANCE CENTER By: By: Mike Groomer Suzi Hi Assistant City Manager Chair, Board of'birectors lam-,City 4cretary Date: APPROVED ASS-TSO FORM AND EGALITY: City Attor ey, or His Designee Contract Authorization Date +� Aa 01D N"p/(�N��rG� Q� l� �A'y1 IuCIHg TEE. r STATE OF TEXAS § COUNTY OF TEXAS § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared St12i A, , known to me to be the same person whose name is subscribed to the foregoing instrument, and ackpowledged to me that the same was the act of Suzi Hill, in her capacity as Ry 'C'hauo44au and that they executed the same as the act of said limited partnership for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 2001. CATHEY M. KARNES MY COMWSSION EXPIRES o&1W November 17, 2004 Notary Public ' and for the State of Texas STATE OF TEXAS § COUNTY OF TEXAS § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Mike Groomer, 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 Mike Groomer , Assistant City Manager for the City of Fort Worth and that he executed the same for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this cW day of 12001. a 1µr, RONALD P. GONZALES otary Public in and fo th State of Texas # � * Notary Pik STATE OF TEXAS ON My Comm.UP.0.5/17/2004 a �� G�C��G°�©liDER ly