HomeMy WebLinkAboutContract 37785-A2 i
CITY SECRETARY
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�cNs cA\N$E'COND AMENDMENT TO LEASE BETWEEN THE CITY OF FORT WORTH AND
BARKET CORPORATION,d/b/a MCCART VILLAGE
CITY SECRETARY NO.37785
WHEREAS, the City of Fort Worth, a Texas home rule municipal corporation
("Lessee") entered into a Lease Agreement ("Lease") (City Secretary Contract No. 37785)
effective as of October 1, 2008 with Barket Corporation d/b/a McCart Village ("Lessor") for
leased premises located at 7650 McCart Avenue, Suite 7650, Fort Worth, Texas, 76133, more
particularly described in the Lease("Leased Premises);and
WHEREAS, that certain Lease (as amended by subsequent renewals, modifications and
assignments, City Secretary Contract No. 37785-A1, City Secretary Contract No. 37785-CAI,
City Secretary Contract No. 37785-CA2)will expire effective September 30,2018; and !
WHEREAS, the Lessee and Lessor desire to extend the lease term by two (2) years to
expire September 30, 2020 with three(3) additional one-year renewal options.
NOW THEREFORE,the Lease is hereby amended as follows:
1. Term. The term of the Lease is hereby extended for a period of twenty-four months to expire
on September 30, 2020. Lessee shall have the option to extend the Lease for three (3) one
year renewal periods, and shall exercise said option by giving written notice to Lessor of its
intent to renew any time prior to the expiration of the then-current term.
2.Base Rent.Rent for the renewal terms shall be as follows:
Date $/RSF Annual Rent Monthly Rent
October 1,2018—September 30, 2019 $12.36/SF $81,415.32 $6,784.61
October 1,2019—September 30,2020 $12.73/SF $83,857.92 $6,988.15
October 1,2020—September 30,2021 $13.11/SF $86,373.48 $7,197.79
October 1,2021 —September 30,2022 $13.51/SF $88,964.64 $7,413.72
October 1,2022—September 30,2023 $13.91/SF $91,633.68 $7,636.14 f
i
All other terms and conditions of the Lease remain unchanged and in full force and
effect.
[SIGNATURES APPEAR ON FOLLOWING PAGE]
Second Amendment to City Secretary Contract idu.37785
1 OF'F'ICIAL RIE
City 85CR�lT'�t�1t
a�T- WORTI�t-rx
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EXECUTED this day of 20/ �
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LESSEE: City of Fort Worth LESSOR: Barket Coration dibla
Mcca age
Jay Chapa
Assistant City Manager Name: 'S"'i
Title: V',r„,je t�rrs?�cnY
Date: 1�ty\Zo18
CONTRACT COMPLIANCE MANAGER i
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.
I
Name:
Title: it Y
APPRO D AS TO FORM AND LEGALITY:
By:
'Leann Guzman
Senior Assistant City A orney , ~ -
y�: AOR
ATTEST-
By: ='F
Mary Kayser
City Secretary `e
Form 1295:
Certificate Number:2018-39'183
Date: 8/20/2018
Contract Authorization:
M&C:C-28851
Date: 9/18/2019
Second Amendment to City Secretary Contract No.3778
2 OFFICIAL RECORD
CITY SECRETARY
�►®RTH, TX
M&C Review Page 1 of 2
Official site of the City of Fort Worth,Texas
CITY COUNCIL AGENDA Fo"�H
COUNCIL ACTION: Approved on 9/18/2018
DATE: 9/18/2018 REFERENCE NO.: **C-28851 LOG NAME: 217650 MCCART
CODE: C TYPE: CONSENT PUBLIC HEARING: NO
SUBJECT: Authorize Execution of Amendment to Extend the Term of the Lease with Barket
Corporation, d/b/a McCart Village for the Fort Worth Police Department Patrol Facility
Located at 7650 McCart Avenue, Fort Worth, Texas (COUNCIL DISTRICT 6)
RECOMMENDATION:
It is recommended that the City Council authorize the execution of an amendment to extend the term
of the lease with Barket Corporation, d/b/a McCart Village (City Secretary Contract No. 37785) for the
Fort Worth Police Department patrol facility located at 7650 McCart Avenue, Fort Worth, TX 76133
for a term of two (2) years with three (3) one year renewals at a rental rate of$6,784.61 per month for
year one with a 3% increase in rent starting the second year and each one year renewal.
DISCUSSION:
On July 8, 2008, Mayor and Council Communication (M&C C-22891) City Council approved a Lease
Agreement between the City of Fort Worth (City) and JPMCC2005-CIBC13 McCart Avenue (Lessor)
to lease approximately 6,587 square feet of space located at 7650 MCart Avenue to be used by the
Fort Worth Police Department as a storefront. Since 2008, this lease has been assigned to various
entities and is currently between the City and Barket Corporation, d/b/a McCart.
The Lease Agreement(as amended by subsequent renewals, modifications and assignments) has a
current rental rate of$6,587.00 per month and terminates September 30, 2018.
The City and Lessor desire to extend the current lease for two (2) years and add three (3) one year
renewal options at the following rental rates:
October 1, 2018 - September 30, 2019 $6,784.61
October 1, 2019 - September 30, 2020 $6,988.15
October 1, 2020 - September 30, 2021 $7,197.79
October 1, 2021 - September 30, 2022 $7,413.72
October 2, 2022 - September 30, 2023 $7,636.14
This property is located in COUNCIL DISTRICT 6.
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 an expenditure being incurred, the Police Department has the
responsibility to verify the availability of funds. Future year appropriations are subject to Mayor and
Council approval.
TO
Fund Department Account Project I Program Activity Budget I Reference# Amount
ID I I ID I Year Chartfield 2
http://apps.cfwnet.org/council_packet/mc_review.asp?ID=25927&councildate=9/18/2018 9/20/2018
M&C Review Page 2 of 2
FROM
Fund Department Account Project Program Activity Budget Reference# Amount
ID ID Year Chartfield 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
Form 1295 7650 McCart Lease amendment.pdf
M and C Map 7650 McCart.pdf
http://apps.cfwnet.org/council_packet/mc_review.asp?ID=25927&councildate=9/18/2018 9/20/2018
)
CERTIFICATE OF INTERESTED PARTIES FORM 1295
1m1
Complete Nos.1•4 and 6 if there fire tntelesled parins. OFFICE USE ONLY
Complete.Nos.1.2.3.5.and 6 it there ale no interested parties. CERTIFICATION OF FILING
1 Name of business entity filing form,arm the city,slate and country of the business entity's place Certificate Number:
of business. 7.018.394263
McCart Village
Furl Worth,TX United States Date Filed;
2 Name of governmental entity or state agency that is a party to the contract for which the forms 08120/2018
being filed.
City of Fort Worth Date Acknowledged:
3 Provide the Identification number used by the governmental entity or state agency to track or Identity the contract,and provt e a
description of the services,goods,or other property to be provided under the contract.
McCart Village
Leasing of 6,587 sf of space
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4 Nature of interest
Name of Interested Party City,State,Country(place of business) (check applicable)
Controlling intermediary
Harket Corp Ft Worth,TX United States X
5 Check only If there Is NO Interested party. ❑
6 UNSWORN DECLARATION
My f>:une is:Sg,, 1 S 1 r _•__ and my data of birth is
My address e:Cali I _..__..___�.
istreet) (Lily) (slate) (zip code) (country)
I declare undor lien.wiy of parlwy that the loiegoing is Into and correct. ( I'i
C ua,Utrd ut _ ___ .� Cctunly,Stitq O( �_ `� ___.On(h0�_ O I'd+ay f 1"'VVI��) ,20_
(month) (year)
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Sionaturo of authonzed agent of contracp tq business enhty
(DecJaranp
Forms provided by Texas Ethics Commission viww.ethics.State.tx.LIS Version V1.0.6711