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HomeMy WebLinkAboutContract 35833-A2 (2)�r t:��i ���i��l��i ��NT�AG� �� . �s�.� ��a RENEWAL OF AND AMENDMENT TO SUBLEASE AGREEMENT WHEREAS, the City of Fort Worth ("Lessor") entered into a sublease agreement ("Lease") with International Sister Cities Association of Fort Worth ("Lessee") (City Secretary Contract No. 35833) for 1,766 square feet of office space located in Suites 150, 152 154, 158, 160, 162, 164, and 166, 808 Throckmorton, Fort Worth, Texas ("Leased Premises"); and WHEREAS, Lessor and Lessee executed a Renewal of and Amendment to Sublease Agreement (City Secretary Contract No. 35833-A1) whereby the parties renewed the Lease, extending the term to September 30, 2009, and amended the Lease to allow Lessee to terminate the Lease upon 45 days' notice to Lessor, and such termination shall be without penalty; WHEREAS, Lessor and Lessee desire to renew the Lease for a period of one year, and amend the lease to allow Lessor to terminate upon 30 days' written notice to Lessee. NOW THEREFORE, in consideration of the rentals set forth in the Lease and the conditions and agreements set forth below, the parties agree as follows: 1. The parties agree that this Lease shall be extended for an additional one (1) year renewal period, thereby extending the term of the Lease to September 30, 2010. 2. Section 11 of the Lease is amended by adding a new subsection H, as follows: "H. Lessor may terminate this Lease prior to the expiration of the renewal term upon 30 days' written notice to Lessee." 3. All other terms and conditions of the Lease, as amended, remain unchanged and in full force and effect. [SIGNATURES APPEAR ON FOLLOWING PAGE.] OFFIGI�AL REC�RD CITY SECFtETARY F�f WORTH, TX EXECUTED to be effective the 1 day of October, 2009. LESSEE: International Sister Cities Association of Fort Worth : � ' � �- �1 �. . .� _� � � LESSOR: City of Fort Worth, a Texas municipal corporation Tom Higgins, A i ant City Manager Approved as to Form and Legality: Assistant City Attorney Attest: City Secretary (�a--1 t� 1 �� ���n��ect� AuthoXia�tio� � i 1 �� �Oc1 t���.e OFFfCIAL RECORD CITY SECRETARY FT. WORTH, TX City of Fort Worth, Texas Mayor and Council Communication ,- . _ . . . - � � .� � _ . . _.� COUNCIL ACTION: Approved on 11/10/2009 ., -':.� ._. .�_, ., ... ..-.::.. , .�.-v:"�.,... .�.:..:f�r -. ',>_:_ '..-...�..T�.« . -...:.� .:t:� w.Y.�}5�.�"l':2am......b. �.'_._ .._.. . .__.- ...-. .... � _'� DATE: Tuesday, November 10, 2009 LOG NAME: 17SISTERCITIES REFERENCE NO.: **G-16753 SUBJECT: Authorize the Execution of a Renewal of an Amendment to Enter into a Sublease Agreement with International Sister Cities Association of Fort Worth for an Additional One Year Term Period for Property Located at 808 Throckmorton Street RECOMMENDATION: It is recommended that the City Council authorize the City Manager to Execute a Renewal of an Amendment to enter into a Sublease Agreement with International Sister Cities Association of Fort Worth for an additional one year term period for property located at 808 Throckmorton Street. DISCUSSION: On August 5, 2004, the City Council authorized the City Manager to enter into a sublease agreement with International Sister Cities Association of Fort Worth for property located at the Oil & Gas Commerce Building, 808 Throckmorton Street (M&C G-14446, City Secretary Contract Number 35833). On December 4, 2008, the City executed a renewal of an amendment to sublease an agreement extending the term of the lease to September 30, 2009, (City Secretary Contract Number 35833-A1), which sublease includes Suites 150, 152, 154, 158, 160, 162, 164 and 166. The City has received a request from Sister Cities Association of Fort Worth to extend the lease term for one year. The Agreement will allow the City to terminate the Lease prior to the expiration of the renewal term upon 45 days written notice. City staff recommends amending the sublease to extend the lease term to September 30, 2010. All other terms and conditions of the original lease agreement and subsequent amendments remaining unchanged. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that the Housing and Economic Development Department is responsible for the collection and deposit of funds due to the City. FUND CENTERS: TO Fund/Account/Centers GG01 442323 0174010 CERTIFICATIONS: Submitted for City Manager's Office by: Originating Department Head: Additional Information Contact: $28,256.04 ATTACHMENTS 1. accountverification.pdf (CFW Internal) FROM Fund/Account/Centers Thomas Higgins (6192) Jay Chapa (5804) Cynthia Garcia (8187) LaTrice Tatum Forbes (8368) Page 1 of 1 http://apps.cfwnet.org/ecouncil/printmc.asp?id=12581 &print=true&DocType=Print 11/12/2009