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HomeMy WebLinkAboutContract 33852 03-14-06 A11 :31 IN CITY SECRETARY CONTRACT NO. FIRST AMENDMENT TO LEASE AGREEMENT THE STATE OF TEXAS § COUNTY OF TARRANT § WHEREAS, the City of Fort Worth ("Lessor"), acting by and through its duly authorized Assistant City Manager and Lake Worth Boat& Ski Club (Lessee) made and entered into a 50 year Lease Agreement("Lease") on 9 July_, 19 71 for property described as Block-8 Lots 6, 7 &8, Lake Worth Lease Survey. WHEREAS, Lessor has platted or replatted the Leased Land since 1990 to correctly identify and describe the Leased Land; and WHEREAS, it is necessary to amend the Lease to correctly identify the Leased Land and include the legal description as shown on the plat or replat recorded by Lessor since 1990. NOW THEREFORE, Lessor and Lessee, acting herein by and through their duly authorized representatives, for and in consideration of the rent paid, the covenants and agreements to be performed, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, enter into the following agreement, which amends Section I the Lease as follows: Section I of the Lease is amended to provide that the Leased Land is comprised of Lot 6R ,Block 8 Lake Worth Lease Blocks, in the City of Fort Worth, Tarrant County Texas,Texas as shown on the plat recorded in Cabinet A , Slide 5598 Plat Records, Tarrant County, Texas and as shown on the plat or replat attached to this First Amendment to Lease as Exhibit"A". Except as amended by this First Amendment, all of the terms and conditions of the Lease are ratified and remain in full force and effect. EXECUTED as of the day of 2006. LESSOR CITY OF FORT WO . c Marc A. Ott,Asistant City Manager ATTEST: APPRO AS TO F RM AND LEGALITY: City Secretary As6stant CityAttorney CUrtrRct /Aut orizatlox Amendment w/Assignment — ` Date r LESSEE Lake rth Boating adcf Ski Club Bill G. Felton, Commodore STATE OF TEXAS § COUNTY OF TARRANT § � This instrument was acknowledged before me this the O Gday of 2006, by Marc A. Ott, Assistant City Manager for the City of Fort Worth, a mfkcipal corporation, on behalf of said corporation. HETTIE LANE Notary Public, State of Texas MY COMMISSION EXPIRES July 26,2007 STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the 2nd day of August, 2006,by Billy G. Felton eOF LISA A. SCOTFORDNotary PWICSTATE OF TEXASto No Public Stat of Texas Mr cam.EV. '0i0s/200� ' Amendment with Transfer EDIT"A" PLAT OF REVISED LEASED LAND Lot 6R ,Block 8 ,Lake Worth Lease Blocks, in the City of Fort Worth,Tarrant County,Texas as shown on plat filed at Cabinet A .Slide 5598, Plat Records,Tarrant County,Texas Attached Amendment with Transfer e 1'0'171'd'££'6d 7£-88£7OA 1 �% , ; ty 51I173H Hibli 3X✓7 = 8-91 X00749 I `s i - F n g � N r V V :t 5 � � 0 s �S N I e o, s g a a v ; Y 4 S111Y171 .(1O HIHO14 3X'7 „ r6'98 S1JY17 .(117 H12101A IHOJ • e z M..ff,£f.Sl N O C V V �- 2 �R °�' u-s "5•e. g to;oN aas) U01 of ! • ± e o X a e Y w a ° a, Usa DA gIPA( i11'0'i1) yqb _.-_-_-_---_---_--_--._--______-_.___._-___-_. i a o o c =o w '.p y a�ods uad0 DJQ^d.Sl X,SI lZ) i p w O' � - F b 'o t �.�. 20 oo.: . o oooo��• weo{.cpO ;Ogyp. EU S3 '(� 1 ems.}off•$ o o o �a w V C T h a4 ��` oq0 q� 30 0 —1616--'•.'� Ix. . o i3 c _ o _ n qq n``e b+•=�p O O O w O b - #Y b ��. Oti O� ! 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DISCUSSION: The original Lake Worth lease survey was completed in 1956. Although the Lake Worth lease lots were surveyed at that time, no plats were recorded. The City is making available for sale currently leased residential lots that are or will be served by municipal water or sewer service. On February 19, 2002, (M&C L-13249), the City approved the Option to Purchase and Purchase Agreement, which will transfer eligible property to private ownership. In order to sell the property under the Option to Purchase and Purchase Agreement, the City must plat the residential properties. Platting the leased lots has resulted in changing some of the legal descriptions and the boundary lines. The leases must be amended to reflect the new legal descriptions as designated on the plat. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that this action will have no material effect on City funds. TO Fund/Account/Centers FROM Fund/Account/Centers Submitted for City Manager's Office by: Marc Ott(8476) Originating Department Head: A. Douglas Rademaker (6157) Additional Information Contact: A. Douglas Rademaker(6157) Logname: 60SOUTHWEST Page 1 of 1