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HomeMy WebLinkAboutContract 34177 (2)� � � f u" •: . N -'�Ji��J I I ei���is � O�PE�. �_��� LEASE AGREEMENT STATE OF TEXAS § COUNTY OF Tl�RRANT § Th's lease agreeznent (Lease) is made and entered into this, the � day of ^��' 2Q06, the effective date hereof, at Fort Worth, Texas by and between the City of Fort Worth, a municipal corporation, acting by and through its duly authorized representative, Assistant City Manager, Dale Fisseler, (Lessor) and Tarrant County College District (Lessee). SECTYON 1. Leased Premises and Common Area. A. For and in consideration of the rental paymenfis to be paid under this Lease, Lessor leases to Lessee and Lessee Ieases from Lessor the following described property on a full service basis: Approximately 263 rentable square feet of office space (the "Leased �'remises") along with one reserved dedicated work center in the "Building" located at 808 Throckmorton S�areet, Fort Worth, Tarrant County, Texas, a more particulax description of which is attached as "Exhibit A." The Leased Premises as described above together with any and all stzuciures, improvements, �xtures and appurtenances thereon, thereunder or over, shall be referred to as the "Leased Premises". B. The Leased Premises shall be leased. to Lessee un£urnished. C. Lessee agrees that the Leased Prennises location nnaq change during the term of the Lease. I£ Lessor desires to move Lessee during the term of this Lease, Lessor shall a££er comparable space to Lessee and Lessee shall determine, in its so�e discretion whether to accept such space, If Lessee does not accept the new space, this Lease shall automatically be terminated. SECTION 2. Master Lease for Of�ce Space Lessee understands that Lessor is subleasing the Leased Premises to Lessee and that Lessor is leasing the Leased Prer�ises from Ft. Worth Plaza, Limited Partnership under a Master Lease ("Master Lease") and Lessee agrees tliat fhis Lease is subject and subordinate to such Master Lease. , � SECTI4N 3. Use of Premises. A. The Leased Premises shall be used primarily for administrative of�ces of the Lessee. B. The Leased Premises may not be used for any illegal actzvity, ox any aciivity of a hazardous or high-risk nature that would endanger propert� or human safety. Lessee will City of Fort Worth Lease Page 1 � °�;���j,�;J,'�`�� ����� l� ����'�% ����1'���?`� �1 . ��, :�:';;r��f, ���,?e take nneasures to guard against any condition at the Leased Premises of an illegal nature, or of a hazardous or high-risk natuz�e that would endazxger property or humarx safety. SECTION 4. Term and Rent. A. This lease shall be for a period of 12 months commencing ox� Augt�st 1, 2006 and terminating Juty 31, 2007, unless a pr�or termination is effected by either Lassor or Lessee under the tezxz�ination provisions of this Lease. During the one-year texm, Lessee shall pay Lessor annual rent of $16,00 pex square foot per yeax base xent, payable in equal monthly installments of $ 450.67. S. Lessee shall have the right to renew this Lease for one year with thirty days written notice to Lessor at the then prevailing market rate as detenfnined by Lessor. B. Lessee shall also be respQnsible for Additional Rent Expenses as outlined in Section 5 during any renewal term. C. Lessee shall pay Lessor rent at 808 Throckmorton Street Fort Worth, Texas 76102. SECTZON 5. Additioual Rent Exnenses A. In the event Operating Expenses (as hereinafter dafined) of Lessor i�curred in connection �ith the Land and Building, of which the Leased Premises az�e a pa�t, shall for any calendar year during the Term of this Lease exceed the sum of the 2004 Base Xear Actual expenses, Lessee agrees to pay as additional rental Lessee's pro rata share ("Lessee's Share") as determined by Lessor of such Operating Expenses in excess of 2004 Base Year. ("Excess Operating Expenses") of the Leased Area. The 2004 Base Year shall be determined ur�der tk�.e Master Lease between the City of Fort Worth and Ft. Worth Plaza., Linnited Paxtnership. B. The term "Operating Expenses" as used herein sha11 include a11 costs and expenses of every kind and nature whatsoever incur�red by Lessor in cont�ection with the ownership, operation, and maintenance of the BuiIding, No decrease in Opexating Expe�ses sha�l zeduce Lessee's rent below the sum set forth in Section 1.A. C. Lessee agrees to pay Lessee's Share of Excess Operaiing Expenses for the ensuing Lease Period, as estimated under.the Iylaster Lease. If this Lease commences on other than the first day of a calendar year, or if this Lease expires on other than the last day of a calendar year, then the Excess Operating E�enses shall be prorated according to the portion of the Texx,n that occurs during such calendar year. At least fiftean (15) days prior to the commencement of each calendar year during the Term, commencing with the calendar year 2005, Lessor shall fuxnish Lessee a writ�en statement setting %rth the estimated Lessee's Share for the follovring year and a statem.ant showing one-twelfth (1/12}_of the amount of the estimated Lessee's Share. If, as finally deter�mined, Lessee's Share shall be greater than or less than the aggregate of all installments so paid to the Lessor for such iwelve (12) month period, then Lessee shall pay to Lessor the amount of such .undezpay�nent within thirty (30) days of delivery of such statement, or the Lessor shall credit Lessee for the amount of such overpayznent, as the case may be. City of Fort Worth Lease Page 2 �,j �,� I�p ��-� �1 li���V1G`J,�, 1i5VV�:W1 l���l� J�t�U?I���ry��'�% �at�:�i'n'^l'� �' ���j ��R( o ,: �✓ l.�f� � �' Ct,., 1 SECTION 6. Si�naee; Utilities A. At Lessee's expense, Lessor shall provide appropriate signage identifying the T.eased Premises. B. Lessee shall be responsible for obtaining and for the payment of all telephone and internet charges, SECTION 7. MAINTENANCE AND R�PAIR �F LEASED PRENIISES. Lessee shall keep the Leased Premises, including all fxtures installed by Lessee, in good and tenantable condition. In addition, Lessee shall pay the cost of rapair and replacement due to damage ox i�juxy done to the Building (other than the Leased Premises) or any part thereof by Lessee or Lessee's agents, employees, contractoxs, licensees or invitees. Such amount shall be paid by Lessee to Lessor upon demand, plus interest thereon, as provided in this Lease, from demand uxitil payment. Upon terminatzon of this Lease, Lessee will swrren�.der and deliver up the Leased Premises to Lessor in the same condition in which they existed at tl�e commencennent of the Lease, excepting only ordinary wear and tear and daznage axising from azry cause required hereunder to be repa.ired at Lessor's expense S�CTION 8. ALTERATI4NS: INSPECT�4NS. A. Lessee shall not xnake any alterations, additions, ar improvements to the Leased Premises without the prior written consent of Lessor. B. Lessor and Ft. Worth Plaza, Limited Partnership under the Master Lease shall have th.e right to enter upon the Leased Premises for the purpose of inspecting same, or of making repairs or additions to the Leased Prernises, or of making repairs, alterations, or additions to adjacent premises, or of showxng the Leased Premises to prospective purchasers, lessors, or lenders. SECTION 9. YNSURANCE A. Com.mercial General Liability Insuran.ce. Lessee sha11 at all times during the term hereof, maintain a Commercial Genexal Liability Policy of insuxance with linlits not less than $1,000,000 per occurrence,.combined single limit for bodily injury or death and properry damage, $2,000,000 aggregate. Said policy shall have the City of Fort Worth as an additional insured. Lessee shall fiunish to Lessor a certificate of inswrance verifying such coverage �vith a confirznation that sueh poliey shall not be subjeet to cancellation except upon thirty (30) days' prior written notice to Lessor. Lessor may, at its option, also require Lessee to submit a copy of ihe policy or policies in effect as well as prooi of payment of premiums. . B. Insurance for Cantents Lessee shall be xesponsible for maintaining an.y policy of insurance which will insure against loss of property owned by Lessee wluch is located on the Leased Fremises. Said ,insurance shall waive any right of subrogation in favor of Lessor. C. Liquor Liability and Host Liability. If Lessee sells, gives, serves or allows alcoholic beverages to be sold, given or sexved, Lessee shall at all times during the term hereof City of Fort Worth Lease Page 3 Y'n jr�t, v�i��'��J�°:l t� ��;i`��'��� ��U�� JS�U�2�;iij,J�{U r�'.;°�.�,(I1I7I �� ���1 � •!��I�✓,��YYG� ��J,�O maintain Liquor Liability coverage and Host L'zability coverage with li�nn.its not less than $1,000,000 per occunrence, combined single limit for bodily injury or death and property damage, $2,000,000 aggregate. D. Prior to Lessee moving into the Leased Premises, Lessox must provide Lessee wzth evidence of coverage required by tkus Lease. Such evidence sk�all be in the form of Certificates a£ Insurance issued by the insuxance carrier. Throughout the ternrx, Lessor must provide Lessee with xenewal certificates priox to the expiration date shown on the previous Certificate of Insuxance on file vvith Lessor. Certifieates of Insurance must specify tkxe additional insured status mentioned above as well as the Waivers of Subrogation. Each Certi�icate oi Insurance n�.ust state that Lessor will be notifiad in writing thirty (30) days prior to cancellation, material change, or renewal of insuxance. SECTTON 10. INDEMNTTY: WATVER OF LI.ABZL,ITY A. AS A JUNIOR COLLEGE Dl'STRICT, LESSEE HAS SOVEREIGN IMMUNXTY FROM TORT CLAIMS', OTHER THAN THOSE INVOLVING MOTOR T�'HXCLES, UNDER THE LAWS OF THE STAT.L 4F TEXAS. SUBJECT TO THIS .IMMUNITY, AND WXTHOUT WAIVXNG SAME, LESSEEAGREESAS FOLL�WS: B. LESSEE HEREBY ASSUMES fiLL LXAS,ILITY AND RESPONSIBIL,ITY FOlZ PROPERTY LOSS, PROPERTY DAMA GE AND/OR PERSONAL INJURY 4F ANY KXND, INCL UDING DEATH, T� ANY AND ALL PERSONS, OF 19NY KIND OR CHARACTER, WHETHER REAL OR AS`SERTED, .A,RIS.ING OUT OF OR XN CONNECTXON WXTH ITS IISE UNDER THIS LEASE' OR WITH' THE LEAS'.ING, MAINTEN.ANCE, USE, OCCUP,ANCY, EXISTENCE �R LOCATION �F TIYEAREA, EXC`EPT TO THE EXTENT CAI/SED BY THE 1YEGLIGENT ACTS O.R OMXSSIONS OR INTENTIQNAL M15CONDUCT OFLESSOR. C. LE,SSEE COVENANTS AND AGREES TO, AND DOES HERESY, INDEMNIFY, HOLD HARMLESSAND DEFEND LESSOR, ITS-OFFICERS', AGENTS, SERVANTS AND EMPLOYEES, FROMAND AGAINST ANYAND ALL CLAIMS OR LAWS`UITS FOR EITHER PROPERTY DAMAG.E' OR LOSS {INCL UDING ALLEGED DAMAGE OR LOSS TO LESSEE'S BUSINESS AND ANY RESULTXNG LOST PROF.ITS) AND/OR PERS4NAL INJURY, INCLUDING DEATH, T4 ANYAND ALL PE,RSONS, OFANYKI'ND OR CHARACTER, WHETHER REAL OR ASSERTED, ARIS1'NG �UT OF OR IN CONNECTXON WITH THIS LEASE OR WITH T�IE LEA5ING, MAINTENANCE, U'SE, OCCUX'ANCY, EXI'STENCE OR LOCATION OF THE AREA, EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMXSSIONS OR IN7ENTIONAL MISCONDUCT OFLESSOR. D. LESSEE ASSUMES .ALL RESP�N,�IBILITY AND AG.REES TO PAY LESSOR FOR ANYAND ALL INTURY OR DAMAGE TO LES54R'S` PROPERTY i�YHICH�ARISES 4UT �F OR XN CONNEGTI�N N'ITH ANY AND ALL ACTS 4R OMISSIONS OF LESSEE, ITS OFFICERS`, AGENTS; EMPLOYEES, CONTRACTORS, ,SUB- CONTRACTORS`; LICENSEES, INVXTEES, PATRONS OR 7'RESPASSER,S', EXCEPT Ciry of Fort Worth Lease Page 4 . , :. --���l��,i���� ��:�����n���, . . . , _ 1 . . . _ . , N�y� - , ,� � ��,, , "y'JUl! u,��!��'`lilc�r . . . ��, �`:'?�;✓,��:�:tf�� ���; TO THE EXTENT CAl75ED BY THE NEGLIG.ENT ACTS` OR OMXSSIONS OR INTENTIONAL MISCO.NDUCT OFLESSOR. E. LESSOR SHALL NOT BE RESPONSIBLE FOR INJURY TO A1VY 1'ER,S`ON ON THE A.REA OR F�R FtA.t2M TO ANY PROPERTY WXX.ICIY BELUNGS' TO LESSEE, ITS OFF1'CERS, AGENTS, SERYANTS`, EMPL�YEES, CONTRACTORS, SUB- CONTRACTORS, LICENSEES, INVITEES OR PATRON,S, .AND WH1'CH MAY SE STOLEN, DESTROYED OR IN ANY WAY UAMAGED; A1VD LESSEE HERESY INDEMNIFIES AND HOLDS HARMLESS LESSOR, ITS OFFICERS, AGENTS, SERUANTS AND EMPLOYEE,S FROM AND AGAINST A1VY AND ALL SUCH CLAIMS, EXCEPT TO THE EXTENT CAUSED BY THE NEGLIGEIVT ACTS aR OMISSXONS OR INTENT.IONAL MISCONDUCT OFLESSOR. SECTION 11: DEFAULTS ,AND REMEDXES A. Lessee Defaults. Each of the following acts or omissions of Lessee ax occurrences shalI � constitute an "Event of Default:" (1) Failure or refusal by Lessee to iimely pay Rent or other payments hereunder. (2) Failure to per%rm or abserve any other covenant or condition of this Lease by Lessee to be performed ox observed prior to the expiration of a pexiod of ten (10) ciays following written notice to Lessee of such failure. (3) Abandonment or vacating of the Leased Premises or any significant portion thereof for a period in excess of rzinety (90) days. . {4) The filing or. execution or oacurrence of: A petition in banktuptcy or other insolvency proceeding by or against Lessee; or petition ar answer seekiug relief under any pxovision of the Bankruptcy Act; or an assigz�ment for the bene£'it of creditors or composition; or a petition or other proceeding by or against the Lessee %r the appointment of a trustee, receiver or liquidator of Lessee or any of Lessee`s property; or a proceeding by any gover�ental autharity for the dissolution or liquidation of Lessee. B. This Lease and the Ternrx and estate hereby granted and the demise hereby made are subject to the limitation that if and whenever any Event of Default shall occur, Lessor may, at its option, in addition to aIl other rights and remedies given hereunder ox by law or equity, do any ona or more of the following: (1) Terminate this Lease, in which event Lessee shall immediately surrender possession of the Leased Premises to Lessor. (2) Entex upon and take possession of the Leased Premises and expal or xemove Lessee and any other oceupant therefrom, with or wzthout having ternninated the Lease. City of Fort Worth Lease Page 5 � � n /�� �t, �'�� r �-� ,:�. � �� 0�� � �,���1';:,J;:,,� �:���J�:�-� y� ��,.�,p . _ . _ _.. - . ' .. r;; � U '�� ��� ��'1 � IL��`'�1'f U �, j� �';�'i';;' 'U �!�''t U, .s�J1,.loi� u�� � (3) Alter locks and other security devices at the Leased Premises. C. No such alteration of security devices and no reznoval or other exercise of dominion by Lessor over the property of Lessee or others at the Leased Premises shall be deemed unauthorized or constitute a conversion, Lessee hereby consenting, after any Event of Default, to the aforesaid exercise of dominion ovex Lessee's property within the Buitlding. All claims for damages by reason of such re-entry and/or repossession and/or alteration oi locks or other secwrity devices are hareby waived, as are all claixns for damages by reason of any distress warrant, forcible detainer proceedings, sequestration pxoceedings or other legal pxocess. Lessee agrees that any xe-entry by Lessor may be pursuant to judgznent obtained in forcible detainer proceedings or other legal proceedings or without the necessity for any legal proceedings, as Lessor may elect, and Lessor shall not be liable in trespass or otherwise. D. In fihe event Lessor elects to ierminate the Lease by reason of an Event of Default, then, notwithstanding such termination, Lessee sha11 be liable for and shall pay to Lessor at Fort Worth, Tarrant County, Texas, the sum of all Rent azzd other indebtedness accrued to the date of such termination, E. Notice of Termination. Tf Lessee fails ta cure any default within the time periods set �orth in Section 12A above, Lessor may terminate this lease upon written notice sent certified znail to the Lessee. Termination shal� be effective 30 days after Lessee receives such natice. F. Lessor Default. In the event of any failure ta perform any pro�vision in this Lease Ag�eement by Lessor, Lessee shall give Lessor written notice specifying the default with particularity, and Lessor shall thereupon have thirty (30) days (plus an additional reasonable period as may be required in the exercise by Lessor of dua diligence) in which to cure any such default. If Lessox fails to so cure any defauli after trus notice, Lessee zxxay terminate this Lease upon wxitten notice to Lessor, such termination to be effective within ten (10) days after Lessor's receipt of such notice. SECTION 12. Fixtures . Lessee znay. remove all of its owned trade fixtures, office supplies and movable office furniture and equipm.ent not� attached to the Building provided: (1) such rernoval is made prior to the fermination of the Term; (2). Lessee zs not in default of any obligation or covenant undex this Lease at the time of suck� reznoval; and (3) Lessee pxomp�ly repairs a11 damage caused by such removal. AlI other properiy at the Leased Premises and any alteration or addition to the Leased Premises (including wall-to-wall catpeting, paneling or other wall covezing) and any other article attached or affixed to the floor, wa11 or ceiling of fihe Leased Premises (an� of which as stated above shall require Lessor's pxior written consent) shall become the praperty of Lessor and shall remain upon and be surrendered with the Leased Prexxuses as part thereoF at the ternnination of this Lease; ,Lessee hereby waiving al� rights to any payzx�ent or compensatian therefore. If, hovc�ever, Lessor so xequests in writing, Lessee will, prior to tez7mination of this Lease, remove any and all alterations, additions, fixtuxes, equipment and property placed or installed by it or at its request in the Leased Pxemises and will repair any damage caused by such removal. Ciry of Fort Worth Lease Page 6 SECTION 13. Non-Anuronriation TerminaCion Notwit�standing any provision contaiued herein, this Lease shall terminate in the event that the governing body of Lessor shall fai� to appropriate suf�'icient funds to satisfy any obligation of the City of Fort Worth under the Masier Lease. Termination shal� be effective as of the last day of the fiscal period for which sufficient funds were agpropriated or upon expenditure of a�l appropriated funds, wbichever comes �rst. SECTION 14. Surrender of Leased Pxemises. Upon the te�i.nation of this Lease for any reason whatsoever, Lessee shall surrender possession of the Leased Premises in th.e same condition as the Leased Premises were in upon delivezy of possessivn under the Lease, reasonable wear and tear excepted. Lessee alsa shall surrender all keys fox the Leased Prernises to Lessor at the place then fixed for the payment for rent an.d sha11 infoxrn. Lessor of all combinations on locks, sa%s, and vaults, if any, on the Leased Premises. Lessee shall remove all its furnituxe and equipment on or before the tertnination of the Lease; and Lessee shall be responsible %r repairing any damage to the Leased Premises caused by the xeznaval of furniture and equipment. 5ECTION 15. Gave�mental Re�alafions. A. Lessee agrees to com.ply fully with all applicable Federal, state, and municipal Iaws, statutes, ordinances, codes, or regulations in connection with use of the Leased Premises. B. Lessee shall not introduce nor allow to be introduced any hazardous waste or m�aterials within the Leased Premises. SECTI4N 16. Assisnment. Lessee shall not assigz� this Lease without the prior written approval of Lessor. S�CTION 17. Notices. All notzces to Lessor shall be sent to: . �-- Sigi Frias Director &08 Throclunorton Fort Worth, Texas 76102 , : AIl notices io Lessee shall be sent to: Tarrant County College Disttict 1500 Houston Street Fort Worth, TX 76102 Aitn; David A.: WelIs, �hD : ., Mailing of all notices under the Lease shall be deerrzed sufficient if maiied certified, return receipt requested and addressed as speci�ed herein to the oihex paxty's address. A11 time City of Fort i3'orth Lease Page 7 : � ;,��J�:�iv-�.l �:����v�:<<; ' . .. �l�'�%;;'��L:�; ��;',���1 .��,�,U ,�;:� ��, �:�� �,�'�1, u ,�� � �:.. .. periods xelated to any �aotice requirements specified in the Lease shall commence upon the terms specified in the section requiring the notice. SECTION 18. Entire Aereement; Modi�icataon . A. This Lease shall constitute the entire agreement of the Lessor and Lessee, and shall supersede any prior agreements, either oral or written, pertaining to the Leased Premises. S. This agreement cannot be changed or modified orally, but or�ly by an instru.ment in writing signed by bath parties. SECTIpN 19. Waivers . One or more waivers of an.y covenant, term, or condition of tkze Lease by either Lessor or Lessee shall not be construed as a waiver of a subsequent breach of the same covenant, texm, or condition. The consent or approval by either Lessor or Lessee to or of any act by the other party requiring such consent or approval shall not be deemed a waiver or render uzu�ecessary consent to or appxoval of any subsequent similar act. SECTION 20. C�oice o�Law: Veuue. A. This lease and the relationship created hereby shall be governed Uy the laws of ihe State of Texas. S. Venue for any action brought to intezpret or enforce the terms of the Lease or for any breaeh shall be in Tarrant County, Texas. SEC'TION 21. Holdover. Any possession of the Leased �'xemises by Lessee after the date of expvration or fermination of the Lease shail be deemed to be a xnonfh-to-month tenancy at sufferance, terminable by eithe� party upan 3Q days wxitten notice. SECTI4N 22. Contract Constructio�n. The partias acknowledge that each party and, if zt sa chooses, its counsel have reviewed and revised this Agreement ar�d that the normal rule of construction ta the effect that any ambiguities are ta be resolved against the drafting party nnust not be employed in the interpretation of this Agreement or any amendtnents or exhibits hereto. Lessee has the right to cancel the lease with thiriy (30) days written notice. . _ ATTACHMENT & EXHISZTS Exhibit A ; Leased Pzemises SIGNED this day of , 2006. City of Fort Worth Lease Page 8 LESSOR: City of Fort Worth l LESSEE: Tarrant County College District Sy: � � ��� ��� B . ��yyp,,l. Dale Fisseler Assistant Ciiy Manager ATTEST: �� � Marty Hez�drix City Secretaxy APPROVED T4 FORIvI AND LEGALITY: i . � City A :orney His Designee Date: � M& C Number: c� �J GL STATE OF TEXAS COUNTY OF TARRANT § David A. ells Provost Con.tract Number: _I't� I BEFORE ME, the undersigned authority, a Notary Public in and for the Stafie of Texas, on this day personally appeared Dale Fisseler, known to me to be the same person whose name is subscribed to the foragoin.g instrument, an� ackn.owledged to xx�e that the sarne was the act of the City of �`ort Worth and that he/she executed the same as the act of said City of Fort Worth for the purposes and conszderation therein expressed and in the capacity therein stated. ,�� GNEN UNDER MY HAND AND SEAL OF OF�'TCE tk�is _ ���2 day of �. �',�,c�,�� , 2046. _ r .. _ 4 �s`�!. 1 d .,- _.:_:. -.�.� _.,.""�_' _ �;; � . �� �;�z� �� ` 6�t�,a ,� u�� ;��E�{�Z E'j ., `1� \<, � 6��C,1 II-+.�-�!ti` i'l.F��l_6C e;+ , �,\,e� C 1r; ,t `�;' ! {-e� � f�� �! �6�i� � ,�>� ,`;.�'t�'�� iViy Gemm. Exp. �12.�i�'4�2C09 k� �'�";� .,;�F,,�-�,Y.c��=�%�"�''3' J� C��:' �y �S$ � -� t_ '� � . , , ' � c lLi _ � 7G ��,, Nota�ry Public an and for the State of Te as City of Fort 13'orth Lease Page 9 ;� � �� ;z ��f'.;��„� �0�.1 J� �]'�.,J�,'!� �t��J r�G ���1� ��:�����,�1��1 �,;,: � � �Q :1"ii1� �� U � 1( �'::� cJ Ui Ul' f�' G� � STATE OF TEXAS COUNTY OF TARRANT § BEFORE ME, the undersigned authorzty, a Notazy Public in and fox the State of Texas, on ihis day personally appeared David A. Wells, known to me to be the same person whose name is subscribed to the foregoing instruxnent, and ackx�owledged to me that the same was the act of Tarrant Caunty College bistriet and that he executect the same as the act of said Tarrant County College District fax the �ttrposes and consideration therein expressed and 'zn the capacii;y thexein stated. �„L/% GIVEN UND�R MY HAND AND S�AL OF �FFICE tkus � i day of /�%���" �,'t.�-�___- , 2006. � � ..., - � � --�. L..i�✓ A� .� � � L. Not Public in and for the State of Texas ,.���orP���.,, KAREN S BURKHART ;�°�,' ; Notary Public, State of Texas My Cnmmiasion Expires '� �'�'° May 19� 2p�q �'���;�;f� ��`' Crdy of Fort YYorth Lease Page l 0 �, -,., �- ^, ,�:� ��:;�����,�)i;•11 �����U�'�' � v���� �'��-;°�����lj��l J �� .�,�����n:'��R,U jj��t1n .�✓ �1: I I J�� 3 �I L � . �'�' ; t1 � �_.-_" __-_.'--_ :_.-. .._ .. `'. Exh�bit A ;, .�ce�.1 Crl�sS W.�//s . :.tNo y�'a�loNj </Mi� we �. �Nzw SrerLd v.,,�.tiR`%�rn �u�-Netaa• s}�.c�Z'JatnC.kLU'�II� :�a.�-:.;� ' . Ciry of Fort Worth Lease Page I I Page 1 of 2 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION DATE: Thursday, August 05, 2004 LOG NAME: 17FWIC LEASE Approved on 8/5/2004 REFERENCE NO.: **G-14446 SUBJECT: Authorization to Sublease the Leased Space at 808 Throckmorton Street, Fort Worth, Texas, for the Fort Worth International Center RECOMMENDATION: It is recommended that the City Council authorize the Fort Worth International Center (FWIC), through February 28, 2012: 1. To sublease available space and work stations to organizations involved in international trade or relationships in order to generate rent revenue; 2. To offer short-term no-cost leases to foreign companies evaluating investment in Fort Worth; and 3. To offer no-cost leases to local, state, federal and foreign government agencies, with a requirement to report quarterly performance measures. DISCUSSION: The Fort Worth International Center occupies 13,344 square feet in the building located at 808 Throckmorton Street. The current lease on the space expires February 28, 2009 and includes a clause permitting renewal until 2012. Rent revenue collected from tenants will offset the cost of the lease to the General Fund. Offering short-term, (normally 4 to 6 weeks), no-cost leases, to foreign companies that come to Fort Worth to evaluate making an investment, is a strategy in the FWIC business plan to facilitate recruiting foreign investment in Fort Worth. Companies assessing Fort Worth for office, warehouse and/or manufacturing facilities will be allowed to use an office in the FWIC during regular office hours. No keys will be issued. Telephone lines in the office would be restricted from long distance charges. Limited receptionist services would be included. The FWIC builds relationships with government agencies to provide international business development and transaction level assistance to local businesses. Such government agencies may be offered no-cost leases. The no cost lease covers office space only. All other expenses incurred by the government agency pertinent to occupying the space will be the responsibility of the agency. Those leases would include a requirement to report perFormance measures, such as numbers and amounts of transactions each quarter. This property is located in COUNCIL DISTRICT 9. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that the Economic & Community Development Department will be responsible for the collection and deposit of funds for any subleases generated by this agreement. http://www.cfwnet.org/council�acket/Reports/mc�rint.asp 1 /16/2007 TO Fund/Account/Centers GG01 442323 0174010 0.00 Submitted for City Manager's Office bv: Originatin�Department Head: Additional Information Contact: FROM Fund/AccountlCenters Dale Fisseler (Acting) (6140) Tom Higgins (6192) Dorothy Wing (212-2665) Page 2 of 2 http://www. cfwnet.org/council�acket/Reports/mc�rint. asp 1 /16/2007