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HomeMy WebLinkAboutContract 50586-T1 CERTIFIED: 9489-0090-0027-6008-2602-13 October 17, 2018 True Aviation Partners, LLC CITY SECRETARY Attention: Chris Fink CONTRACT NO. —� 704 E. Bluff Street, Apt. 5409 Fort Worth, Texas 76102 Re: Notice of Termination of Lease Under City Secretary Contract 50586 Mr. Fink, This Notice of Termination of Lease is sent in accordance with Section 17 of Fort Worth City Secretary Contract No. 50586. At present the City of Fort Worth (the "City") and True Aviation Partners, LLC are parties to City Secretary Contract (CSC) 50586, a lease agreement for use of certain designated space at Fort Worth Meacham International Airport (the "Lease"). Pursuant to Section 4.1.1 of the Lease, the Lessee was required to commence construction of the designated space described in the lease within six (6) months following the execution of CSC-50586. The City has determined that over six months has passed since the execution of CSC-50586 and construction has not begun on the Leased Premises. Therefore, under Section 17 of the Lease (Termination), "all rights, powers and privileges granted to Lessee hereunder shall cease and Lessee shall immediately vacate the Premises." Per Section 18 of the Lease, notice is "deemed to have been received when (1) hand delivered to the other party, its agents, employees, servants or representatives, or (2) deposited in the United States mail, postage prepaid." The City is hereby notifying you of its intent to terminate City Secretary Contract 50586, effective immediately from the date of this letter, which is the same as the date of mailing. If you have any questions or need additional information, please contact Anne-Marie Stowe, Leasing Coordinator for the Department of Aviation, City of Fort Worth a 415 or anne- marie.stowe@fortworthtexas.gov. F RTGJ, Sincerely, A; Nd 0 . Fernando Costa Mary J. Kay , ty PS Assistant City Manager C: William Welstead,Director of Airport Systems Jeff Kloska,Assistant Director of Airport Systems-Meacham Airport T.Royce Hansen,Assistant City Attorney —` - h OFFICIAL RECORD m CITY SECRETARY FT. WORD TX aCHAM 201 American Concourse,Ste.330, Fort Worth,TX 76106 817.392.5400