HomeMy WebLinkAboutContract 34057 `j"IrETAR'Y /
CT NO.
FORT WORTH
LEASE AGREEMENT FOR OFFICE SPACE
TECH FORT WORTH BUILDING
THIS LEASE AGREEMENT ("Lease") is entered into by and between, city of Fort
Worth , ("Lessor") and Red Productions, LLC ("Lessee").
In consideration of the mutual covenants, promises and obligations contained
herein, Lessor and Lessee agree as follows:
1.PROPERTY LEASED
1.1 Leased Area
Lessor hereby leases to Lessee and Lessee hereby leases from Lessor
approximately 484 square feet on the ist floor(s) designated as Suite
127 in the building known as the "TECH Fort Worth" (`Building) located at 1120 S.
Freeway, Fort Worth, Texas and as depicted on Exhibit "A", attached hereto and hereby
made a part of this Leased and which is signed or initialed by the parties for
identification. Lessor reserves the right to re-assign space allocated to Lessee in the
building,with reasonable notice to Lessee,if deemed necessary by Lessor for highest and
best use of the facility.
1.2 Building Name
Lessor shall have the right at any time and from time to time to change the
Building Name.
2.TERM OF LEASE
The term of this Lease("Initial Term") shall be a period of 5 months starting on
September 1, 2006 and expiring on February 28, 2007, unless terminated earlier as
provided herein.
3.RENEWAL OF TERM
If Lessee performs and abides by all provisions and conditions of this Lease,upon the
expiration of the Initial Term of this lease,Lessee shall have 1 consecutive rights to
renew this Lease for terms of 6 months("Renewal Term") at the rental rate for
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covering) and any other article attached or affixed to the floor, wall or ceiling of the
Leased Area (any of which as stated above shall require Lessor's prior written consent)
shall become the property of Lessor and shall remain upon and be surrendered with the
Leased Area as part thereof at the termination of this Lease, Lessee hereby waiving all
rights to any payment or compensation therefore. If, however, Lessor so requests in
writing, Lessee will, prior to termination of this Lease, remove any and all alterations,
additions, fixtures, equipment and property placed or installed by it or at its request in the
Leased Area and will repair any damage caused by such removal.
11.ADDITIONAL OBLIGATIONS AND AGREEMENTS OF LESSEE.
11.1 The Lessee shall not exhibit, sell or offer for sale on the Leased Area or in the
Building any article or thing (except those articles and things essentially
connected with the stated use of the Leased Area by the Lessee) without the
advance written consent of Lessor.
11.2 The Lessee shall not display, inscribe, print, paint, maintain or affix on any place
in or about the Building any sign, notice, legend, direction, figure or
advertisement, except on the doors of the Leased Area and on the Building
directory and then only such name(s) and matter and in such color, size, style,
place and materials as shall first have been approved by the Lessor. The listing of
any name other than that of Lessee, whether on the doors of the Leased Area, on
the Building directory or otherwise, shall not operate to vest any right or interest
in this Lease or in the Leased Area or be deemed to be the written consent of
Lessor to any act of Lessee,it being expressly understood that any such listing is a
privilege extended by Lessor revocable at will by written notice to Lessee.
11.3 The Lessee shall not advertise the business, profession or activities of the Lessee
conducted in the Building in any manner which violates the letter or spirit of any
code of ethics adopted by any recognized association or organization pertaining to
such business, profession or activities and shall not use the name of the Building
for any purposes other than that of the business address of the Lessee and shall
never use any picture or likeness of the Building in circulars, notices,
advertisements or correspondence without the Lessor's written consent.
11.4 No additional locks or similar devices shall be attached to any door or window
without Lessor's prior written consent. No keys for any door other than those
provided by the Lessor shall be made. If more than two keys for one lock are
desired, the Lessor will provide the same upon payment by the Lessee. All keys
must be returned to the Lessor at the expiration or termination of this Lease.
11.5 All persons entering or leaving the Building after hours on Monday through
Friday, or at any time on Saturdays, Sundays or holidays, may be required to do
so under such regulations as the Lessor may impose. The Lessor may exclude or
expel any peddler.
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11.6 The Lessee shall not overload any floor. The Lessor may direct the time and
manner of delivery,routing and removal and the location of safes and other heavy
articles.
11.7 Unless the Lessor gives advance written consent, the Lessee shall not install or
operate any steam or internal combustion engine, boiler, machinery, refrigerating
or heating device or air-conditioning apparatus in or about the Leased Area or
carry on any mechanical business therein or use the Leased Area for housing
accommodations or lodging or sleeping purposes, or use any illumination other
than electric light or use or permit to be brought into the Building any
inflammable fluids such as gasoline, kerosene, naphtha and benzine or any
explosive, radioactive materials or other articles deemed extra hazardous to life,
limb or property. The Lessee shall not use the Leased Area for any illegal or
immoral purposes. However, Lessee shall be allowed to bring and use a
refrigerator and microwave for the use of its employees and invitees.
11.8 The Lessee shall cooperate fully with the Lessor to assure the effective operation
of the Building's air-conditioning system, including the closing of Venetian
blinds and drapes.
11.9 The sidewalks, halls, passages, exits, entrances, elevators and stairways shall not
be obstructed by the Lessee or used for any purpose other than for ingress to or
egress from its Leased Area. The halls, passages, exits, entrances elevators,
stairways and roof are not for the use of the general public and the Lessor shall in
all cases retain the right to control and prevent access thereto by all persons whose
presence, in the judgment of the Lessor, shall be prejudicial to the safety,
character, reputation and interests of the Building and its Lessees. No Lessee and
no employees or invitees of any Lessee shall go upon the roof or mechanical floor
of the Building.
11.10 Lessee shall not use,keep or permit to be used or kept any foul or noxious gas or
substance in the Leased Area, or permit or suffer the Leased Area to be occupied
or used in a manner offensive or objectionable to the Lessor or other occupants of
the Building by reason of noise, odors and/or vibrations, or interfere in any way
with other Lessees or those having business there, nor shall any animals or birds
be brought in or kept in or about the Leased Area or the Building,unless required
by law.
11.11 Lessee shall see that the doors and windows, if operable, of the Leased Area are
closed and securely locked before leaving the Building and must observe strict
care and caution that all water faucets or water apparatus are entirely shut off
before Lessee or Lessee's employees leave the Building. For any default or
carelessness Lessee shall make good all injuries or losses sustained by other
Lessees or occupants of the Building or Lessor.
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In addition to all other liabilities for breach of any covenant of this Section, the Lessee
shall pay to the Lessor an amount equal to any increase in insurance premiums payable
by the Lessor or any other Lessee in the Building,caused by such breach.
12.INSURANCE.
12.1. Types of Coverage and Limits.
Lessee shall procure and maintain at all times, in full force and effect, a
policy or policies of insurance as specified in this Section 12, naming the City of
Fort Worth as an additional insured and covering all risks related to the leasing,use,
occupancy, maintenance, existence or location of the Area. Lessee shall obtain the
following insurance coverage on an occurrence basis and at the limits specified
herein:
• Proper
A. Fire and Extended Coverage shall be maintained by the insurance policy on
all improvements and betterments at their full replacement cost limit;
B. Insurance for Contents—Lessee shall be responsible for maintaining any
policy of insurance that will insure against loss of property owned by Lessee
that is located on the Leased Premises
C. Commercial General Liability Insurance - $1,000,000.00 per occurrence;
$2,000,000 aggregate
12.2. Adjustments to Required Coverage and Limits.
Insurance requirements, including additional types and limits of coverage
and increased limits on existing coverages, are subject to change at Lessor's option,
and Lessee will accordingly comply with such new requirements within thirty (30)
days following notice to Lessee.
12.3. Certificates.
As a condition precedent to the effectiveness of this Lease, Lessee shall
furnish Lessor with appropriate certificates of insurance signed by the respective
insurance companies as proof that it has obtained the types and amounts of insurance
coverage required herein. Lessee hereby covenants and agrees that not less than
thirty (30)days prior to the expiration of any insurance policy required hereunder, it
shall provide Lessor with a new or renewal certificate of insurance. In addition,
Lessee shall, on demand, provide Lessor with evidence that it has maintained such
coverage in full force and effect.
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12.4. Additional Requirements.
Lessee shall maintain its insurance with underwriters authorized to do
business in the State of Texas and which are satisfactory to Lessor. The policy or
policies of insurance shall be endorsed to cover all of Lessee's operations and to
provide that no material changes in coverage, including, but not limited to,
cancellation, termination, non-renewal or amendment, shall be made without thirty
(3 0)days'prior written notice to Lessor.
13.FIRE OR OTHER CASUALTY
A. If at any time during the Term, the Leased Area or any portion of the Building
or Common Area (as hereinafter defined) shall be damaged or destroyed by fire or other
casualty, then Lessor shall have the election to terminate this Lease within 120 days from
the occurrence of such casualty or to repair and reconstruct the Common Area, the
Leased Area and Building to substantially the same condition in which they existed
immediately prior to such damage or destruction, except that Lessor shall not be required
to repair or reconstruct any personal property, furniture, trade fixtures or office
equipment which is located in the Leased Area and removable by Lessee under the
provisions of this Lease.
B. In any of the aforesaid circumstances, Rent shall abate proportionally during
the period and to the extent that the Leased Area are unfit for use by Lessee in the
ordinary conduct of its business. If Lessor has elected to repair and restore the Leased
Area to the extent stated above, this Lease shall continue in full force and effect and such
repairs will be made within a reasonable time thereafter (not to exceed six months)
subject to delays arising from shortages of labor or materials, acts of God, war or other
conditions beyond Lessor's reasonable control. Should such repairs not be completed
within such period, this Lease shall be terminated. In the event that this Lease is
terminated as herein permitted, Lessor shall refund to Lessee any prepaid Rent
(unaccrued as of the date of damage or destruction) plus Lessee's security deposit
provided Lessee is in compliance with Paragraph 7 hereunder less any sum owing Lessor
by Lessee. If Lessor has elected to repair and reconstruct the Leased Area to the extent
stated above, then the Term shall be extended by a period of time equal to the period of
such repaid and reconstruction.
C. Notwithstanding the provisions of Subparagraphs A. and B. of this Paragraph
14, if the Leased Area or any other portion of the Building be damaged by fire or other
casualty resulting from the fault or negligence of Lessee or any of Lessee's agents,
employees, contractors, licensees or invitees, the Rent hereunder shall not be diminished
during the repair of such damage and Lessee shall be liable to Lessor for the cost and
expense of the repair and restoration of the Leased Area or the Building caused thereby to
the extent such cost and expense is not covered by insurance proceeds.
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14.INDEMNIFICATION.
LESSEE HEREBY ASSUMES ALL L)ABILITYAND RESPONSIBILITY FOR
PROPERTY LOSS, PROPERTY DAMAGE AND/OR PERSONAL INJURY OF ANY
KIND, INCLUDING DEATH, TO ANY AND ALL PERSONS, OF ANY KIND OR
CHARACTER, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN
CONNECTION WITH ITS USE UNDER THIS LEASE OR WITH THE LEASING,
MAINTENANCE, USE, OCCUPANCY,EXISTENCE OR LOCATION OF THE AREA,
EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMISSIONS
OR INTENTIONAL MISCONDUCT OF LESSOR.
LESSEE COVENANTS AND AGREES TO, AND DOES HEREBY,
INDEMNIFY, HOLD HARMLESS AND DEFEND LESSOR, ITS OFFICERS,
AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINST ANY AND ALL
CLAIMS OR LAWSUITS FOR EITHER PROPERTY DAMAGE OR LOSS
(INCLUDING ALLEGED DAMAGE OR LOSS TO LESSEE'S BUSINESS AND ANY
RESULTING LOST PROFITS)AND/OR PERSONAL INJURY,INCL UDING DEATH,
TO ANY AND ALL PERSONS, OF ANY KIND OR CHARACTER, WHETHER REAL
OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH THIS LEASE OR
WITH THE LEASING, MAINTENANCE, USE, OCCUPANCY, EXISTENCE OR
LOCATION OF THE AREA, EXCEPT TO THE EXTENT CAUSED BY THE
NEGLIGENT ACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OF
LESSOR
LESSEE ASSUMES ALL RESPONSIBILITY AND AGREES TO PAY LESSOR
FOR ANY AND ALL INJURY OR DAMAGE TO LESSOR'S PROPERTY WHICH
ARISES OUT OF OR IN CONNECTION WITH ANY AND ALL ACTS OR
OMISSIONS OF LESSEE, ITS OFFICERS, AGENTS, EMPLOYEES,
CONTRACTORS, SUBCONTRACTORS, LICENSEES, INVITEES, PATRONS OR
TRESPASSERS, EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENT ACTS
OR OMISSIONS OR INTENTIONAL MISCONDUCT OF LESSOR.
LESSOR DOES NOT GUARANTEE POLICE PROTECTION TO LESSEE OR
ITS PROPERTY. LESSOR SHALL NOT BE RESPONSIBLE FOR INJURY TO ANY
PERSON ON THE AREA OR FOR HARM TO ANY PROPERTY WHICH BELONGS
TO LESSEE, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES,
CONTRACTORS, SUBCONTRACTORS, LICENSEES, INVITEES OR PATRONS,
AND WHICH MAY BE STOLEN,DESTROYED OR IN ANY WAY DAMAGED;AND
LESSEE HEREBY INDEMNIFIES AND HOLDS HARMLESS LESSOR, ITS
OFFICERS, AGENTS, SERVANTS AND EMPLOYEES FROMAND AGAINST ANY
AND ALL SUCH CLAIMS, EXCEPT TO THE EXTENT CAUSED SOLE BY THE
NEGLIGENT ACTS OR OMISSIONS OR INTENTIONAL MISCONDUCT OF
LESSOR
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15.ASSIGNMENT AND SUBLETTING.
15.1. In General.
Lessee shall not assign, sell, convey, sublease or transfer any of its rights,
privileges, duties obligations or interests granted by this Lease without the
advance written consent of Lessor, and any such attempt without the advanced
written consent shall be void.
15.2. Conditions of Approved Assignments and Subleases.
If Lessor consents to any assignment or sublease, all terms, covenants and
agreements set forth in this Lease shall apply to the assignee or sublessee, and
such assignee or sublessee shall be bound by the terms and conditions of this
Lease the same as if it had originally executed this Lease. The failure or refusal
of Lessor to approve a requested assignment or sublease shall not relieve Lessee
of its obligations hereunder, including payment of rentals, fees and other charges.
16.DEFAULT AND REMEDIES
A. Lessor shall provide written notice to Lessee of any failure to comply with any
term of this Lease. Lessee shall then have 30 days after receipt of such notice to
cure the default or breach. If, after 30 days after delivery of notice by Lessor to
Lessee, the default or breach has not been corrected, then Lessor shall have the
right without further notice to Lessee to declare this Lease terminated. If this
Lease is terminated by Lessor, all rights of Lessee shall cease and Lessee shall
vacate the Premises within 10 days and return the Premises to its original
condition. Lessee shall make no claim of any kind against Lessor for the
termination. Any property of Lessee not removed within 10 days, at Lessor's
election,may be retained and disposed of by Lessor.
B. Lessee agrees that if this Lease is terminated for any reason, Lessor shall have the
right to enter upon and take possession of the Premises; and Lessee shall deliver
immediate possession of the Premises to Lessor; and if Lessee shall fail or refuse
to deliver immediate possession upon termination, then Lessor shall have the
right to expel and remove there from forcibly, if necessary, Lessee, its agents,
servants, employees, contractors, subcontractors, licensees, or invitees, as well as
Lessee's property; and in such event Lessor shall not be guilty of trespass and
shall incur no liability as a result of such removal.Nothing in this paragraph shall
be construed to prevent Lessee from removing within 10 days following any
termination of this Lease any property Lessee has placed or erected on the
Premises.
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C. The acceptance by Lessor of fees for any periods after Lessee's default shall not
be deemed a waiver of any of Lessor's rights to cancel this Lease for Lessee's
breach. No waiver of default by Lessor of any of the terms of this Lease to be
observed by Lessee shall be construed to be a waiver of any subsequent default
by Lessee of any of the terms of this Lease.
17.LIENS.
17.1. Liens by Lessee.
Lessee acknowledges that it has no authority to engage in any act
or to make any contract which may create or be the foundation for any lien
upon the property or interest in the property of Lessor. If any such
purported lien is created or filed,Lessee, at its sole cost and expense, shall
liquidate and discharge the same within thirty (30)days of such creation or
filing. Lessee's failure to discharge any such purported lien shall
constitute a breach of this Lease and Lessor may terminate this Lease
immediately. However, Lessee's financial obligation to Lessor to liquidate
and discharge such lien shall continue in effect following termination of
this Lease and until such a time as the lien is discharged.
17.2 Lessor's Lien.
IN ADDITION TO ANY APPLICABLE STATUTORY LESSOR'S
LIEN, LESSEE GRANTS TO LESSOR, IN ORDER TO SECURE
PERFORMANCE BY LESSEE OF ITS OBLIGATIONS UNDER THIS
LEASE, A SECURITY INTEREST IN ALL GOODS, INVENTORY,
EQUIPMENT, FIXTURES, FURNITURE, IMPROVEMENTS, CHATTEL
PAPER, ACCOUNTS AND GENERAL INTANGIBLES, AND OTHER
PERSONAL PROPERTY OF LESSEE NOW OR HEREAFTER SITUATED
ON OR IN THE AREA OR OTHERWISE RELATING TO LESSEE'S USE
OF THE AREA, AND ALL PROCEEDS THEREFROM (THE
"COLLATERAL'). IF LESSOR TERMINATES THIS LEASE FOR A
FAILURE BY LESSEE TO PAY LESSOR RENT OR FOR ANY OTHER
BREACH OR DEFAULT BY LESSEE, LESSOR MAY, IN ADDITION TO
ALL OTHER REMEDIES, WITHOUT NOTICE OR DEMAND EXCEPT AS
PROVIDED BELOW, EXERCISE THE RIGHTS AFFORDED A SECURED
PARTY UNDER THE TEXAS UNIFORM COMMERCIAL CODE ("UCC").
IN CONNECTION WITH ANY PUBLIC OR PRIVATE SALE UNDER THE
UCC, LESSOR SHALL GIVE LESSEE FIVE CALENDAR DAYS' PRIOR
WRITTEN NOTICE OF THE TIME AND PLACE OF ANY PUBLIC SALE
OF THE COLLATERAL OR OF THE TIME AFTER WHICHANYPRIVATE
SALE OR OTHER INTENDED DISPOSITION THEREOF IS TO BE MADE,
WHICH IS AGREED TO BE A REASONABLE NOTICE OF SUCH SALE
OR DISPOSITION.
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18.COMPLIANCE WITH LAWS,ORDINANCES,RULES AND REGULATIONS.
Lessee covenants and agrees that it shall not engage in any unlawful use of the Area.
Lessee further agrees that it shall not permit its officers, agents, servants, employees,
contractors, subcontractors, patrons, licensees or invitees to engage in any unlawful use of
the Area and Lessee immediately shall remove from the Area any person engaging in such
unlawful activities. Unlawful use of the Area by Lessee itself shall constitute an immediate
breach of this Lease.
Lessee agrees to comply with all federal, state and local laws; all ordinances, rules
and regulations of the City of Fort Worth and the City of Fort Worth Police,Fire and Health
Departments. If Lessor notifies Lessee or any of its officers,agents,employees,contractors,
subcontractors, licensees or invitees of any violation of such laws, ordinances, rules or
regulations,Lessee shall immediately desist from and correct the violation.
19.NON-DISCRIlVIINATION COVENANT.
Lessee, for itself, its personal representatives, successors in interest and assigns, as
part of the consideration herein, agrees as a covenant running with the land that no person
shall be excluded from participation in or denied the benefits of Lessee's use of the Area on
the basis of race,color,national origin,religion,handicap,sex,sexual orientation or familial
status. Lessee further agrees for itself,its personal representatives, successors in interest and
assigns that no person shall be excluded from the provision of any services on or in the
construction of any improvements or alterations to the Area on grounds of race, color,
national origin,religion,handicap,sex,sexual orientation or familial status.
Lessee agrees to furnish its accommodations and to price its goods and services on a
fair and equal basis to all persons.
If any claim arises from an alleged violation of this non-discrimination covenant
by Lessee, its personal representatives, successors in interest or assigns, Lessee agrees to
indemnify Lessor and hold Lessor harmless.
20.LICENSES AND PERMITS.
Lessee shall, at its sole expense, obtain and keep in effect all licenses and permits
necessary for the operation of its business.
21.NO WAIVER.
The failure of Lessor to insist upon Lessee's performance of any term or provision
of this Lease or to exercise any right granted herein shall not constitute a waiver of Lessor's
right to insist upon appropriate performance or to assert any such right on any future
occasion.
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22.VENUE AND JURISDICTION.
Should any action,whether real or asserted,at law or in equity, arise out of the terms
of this Lease or by Lessee's operations on the Area, venue for such action shall lie in state
courts located in Tarrant County, Texas or the United States District Court for the Northern
District of Texas, Fort Worth Division. This Lease shall be construed in accordance with
the laws of the State of Texas.
23. SEVERABILITY.
If any provision of this Lease shall be held to be invalid,illegal or unenforceable,the
validity, legality and enforceability of the remaining provisions shall not in any way be
affected or impaired.
24.FORCE MAJEURE.
Lessor and Lessee shall exercise every reasonable effort to meet their respective
obligations as set forth in this Lease,but shall not be held liable for any delay in or omission
of performance due to force majeure or other causes beyond their reasonable control,
including,but not limited to,compliance with any government law,ordinance or regulation,
acts of God, acts of omission, fires, strikes, lockouts,national disasters, wars, riots, material
or labor restrictions by any governmental authority, transportation problems and/or any
other cause beyond the reasonable control of the parties.
25.HOLDOVER.
Any possession of the Leased Premises by Lessee after the date of expiration or
termination of the Lease shall be deemed to be a month-to-month tenancy at sufferance,
terminable by either party upon 30 days written notice.
26.HEADINGS NOT CONTROLLING.
Headings and titles used in this Lease are for reference purposes only and shall not
be deemed a part of this Lease.
27.ENTIRETY OF AGREEMENT.
This written instrument, including any documents incorporated herein by reference,
contains the entire understanding and agreement between Lessor and Lessee, its assigns and
successors in interest, as to the matters contained herein. Any prior or contemporaneous
oral or written agreement is hereby declared null and void to the extent in conflict with any
provisions of this Lease. The terms and conditions of this Lease shall not be amended
unless agreed to in writing
and signed by both parties.
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IN WITNESS WHEREOF,the parties hereto have executed this Lease in multiples this
day of SPiP.M/ T,2006.
[SIGNATURES FOLLOW]
LESSOR LESSEE
City of Fort Worth Red ProductAns, LC
'
By: L By: '°`"tr" L'ATHEY MARIE KARNES
MV COMMISSION EXPIRES
Dale Fisseler Jus ers '�. .,- November 24,2008
V•.i� • ' :1 e....'.f�:::
Assistant City Manager esident r.•
ATTEST:'VN
`
Marty Hendrix
City Secretary
APPRO S FO AND LEGALITY:
Ci6 Attorne or His Designee
Date: ff'�
M&C Number: - C1 Contract Number:
S4CU—i
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME,the undersignedrity
autho ,a Notary Public in and for the State of Texas,on
this day personally appeared FifWM! , known to me to be the person whose
name is subscribed to the foregoing instrument,and acknowledged to me that the same was the act of
and that he executed the same as the act of
for the purposes and consideration therein expressed and
in the capacity therein stated.
LGIVEN UNDER MY HAND AND SEAL OF OFFICE this %94*- day of
>Y 200 .
No Pablia4n.AnNbr the"�� C�
STATE OF TEXAS § ((` t , m' r :: 1 Y-
G: ? '�qq
COUNTY OF TARRANT § roar 4, Con;: �.2r,,
•} :_S'.;a ply ,t,C...',}l
BEFORE ME,the undersigped�uthority,�` rL"m 2ir� or'the tate of Texas,on
this day personally appeared i c lS F i/el ,known to me to be the person whose
name'�s subscribed t the foregping instrument,and acknowledged to me that the same was the act of
the / clC{tCbLy and that he executed the same as the act of the
A),q-,- C.elf,t-cf AA"jC-frm(•s for the purposes and consideration therein expressed and
in the capacity therein stated.
4kLG,r UNDER MY HAND AND SEAL OF OFFICE this day of
20060
otary Publi and for the State'Ilof Texas
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Page 1 of 2
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 7/18/2006
DATE: Tuesday, July 18, 2006
LOG NAME: 17GUINNCAMPUS REFERENCE NO.: **G-15294
SUBJECT:
Authorization to Lease Office Space on the James E. Guinn School Campus, 1150 and 1120 South
Freeway, Fort Worth, Texas, to Authorized Outside Organizations
RECOMMENDATION:
It is recommended that the City Council authorize the Economic & Community Development Department,
Economic Diversification Division to:
1. Lease available office, training and conference room space to organizations involved in small business
development;
2. To offer short-term leases to companies that apply and qualify for the Tech Fort Worth business and
technology incubator program;
3. To offer no-cost leases to volunteer organizations that provide counseling or other business
development services to clients at no charge, with a requirement to report performance measures;
4. To offer one annual no-cost lease to the winner of the Mayor's 2006 Entrepreneur Expo award;
5. To offer no-cost leases to for-profit companies that provide services to the department at a cost reduced
by the value of the leased space.
DISCUSSION:
The historic James E. Guinn school campus is owned by the City of Fort Worth and managed by the
Economic Diversification Division of the Economic & Community Development Department. The Fort Worth
Business Assistance Center is located in the middle school and Tech Fort Worth is located in the former
gymnasium on the campus. The elementary school will soon be renovated to provide additional training
and conference room space.
On January 24, 2006, (M&C C-21261) City Council authorized the City Manager to execute lease
agreements with Tech Fort Worth tenants. On December 7, 2004, (M&C G-14600) authorized the renewal
of leases at the Business Assistance Center in the James E. Guinn middle school. The purpose of this
M&C is to provide flexibility for such leases. The James E. Guinn School campus is located in COUNCIL
DISTRICT 8.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that the Economic & Community Development Department will be
responsible for the collection and deposit of funds to the City's General Fund for any leases generated
under this agreement.
TO Fund/Account/Centers FROM Fund/Account/Centers
http://www.cfwnet.org/council_packet/Reports/mc_print.asp 12/4/2006
Page 2 of 2
GG01 451669 0174000 0.00
Submitted for City Manager's Office by: Dale Fisseler (6140)
Originating Department Head: Tom Higgins (6192)
Additional Information Contact: Dorothy Wing (212-2665)
http://www.cfwnet.org/council_packet/Reports/mc_print.asp 12/4/2006