HomeMy WebLinkAboutContract 51704-A1 "'nF77-CRETARY
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AMENDMENT NO. 1 OF FORT WORTH ..:.._, :, C haU._ J`"I`r0�4- -1
CITY SECRETARY CONTRACT NO. 51704
This AMENDMENT NO. 1 ("Amendment")is made and entered into by and between the CITY
OF FORT WORTH("Lessor"), a home rule municipal corporation organized under the laws of the State
of Texas, acting by and through Fernando Costa, its duly authorized Assistant City Manager, and FW
AMERICAN AERO LAND COMPANY, LLC ("Lessee"), a Delaware limited liability company,
acting by and through Jay H. Hebert, its duly authorized Vice President.
RECITALS
WHEREAS, On December 21, 2018, Lessor and Lessee entered into City Secretary Contract
("CSC") No. 51704 ("Lease"), a Hangar and Ground Lease Agreement for the lease and use of real
property known as Lease Site 14C and any improvements and facilities thereon ("Leased Premises") at
Fort Worth Meacham International Airport("Airport").
WHEREAS, Lessor and Lessee wish to replace the Compensation clause from the Lease with a
new Compensation clause that reflects the correct annual payment amount that the Lessor agrees to pay
on an annual basis.
NOW,THEREFORE,for good and valuable consideration,the receipt and adequacy of which are
hereby acknowledged, Lessor and Lessee hereby agree as follows:
1.
The Lease is hereby amended by deleting Section 3, "COMPENSATION," of the Lease in its
entirety and replacing it with the following:
3. COMPENSATION.
Upon the Effective Date, Lessee agrees to pay Lessor, in consideration for this
Lease, an annual payment of forty three thousand seventy-six dollars and 80/100
($43,076.80), payed in monthly installments of three thousand five hundred and
eighty nine dollars and 73/100 ($3,589.73). These monthly payments will cease
at 11:59 p.m. on the day prior to the Commencement Date. It is understood that
such consideration will be prorated for any partial month.
2.
Except as expressly modified in this Amendment, all other terms and conditions of the Lease
shall remain in full force and effect.
3. (A,
RECEIVED
FW American Aero Land Company,LLC—Lease Site 14C
Amendment No. I to CSC No.51704 CITY DF FORT WORTH a, OFFICIAL RECORD
Page 1 of 4 CITY SECRETARY CITY SECRETARY
`O
V z` `- & FT. WORTH,TX
The statements set forth in the recitals above are true and correct and form the basis upon which Lessor and
Lessee have entered into this Amendment. The Lease is a public document on file in Lessor's City
Secretary's Office and is incorporated herein by reference for all purposes.
4.
All other provisions and conditions of the Lease that are not expressly amended herein or directly in
conflict with the provisions and conditions of this Amendment shall remain in full force and effect.
[Signature Page Follows]
FW American Aero Land Company,LLC—Lease Site 14C
Amendment No. 1 to CSC No.51704
Page 2 of 4
IN WITNESS WHEREOF, the parties hereto have executed this Lease in multiples on
this the /7A day of_ .T.a4aArj , 2019.
CITY OF FORT /WORTH:
Fernando Costa
Assistant City Manager
Date: t I
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME,the undersigned authority, a Notary Public in and for the State of Texas, on this day
personally appeared Fernando Costa, 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 the City of Fort Worth and
that he executed the same as the act of the City of Fort Worth for the purposes and consideration therein
expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this j"7 day
, 2019.
LINDA M.HIRRL:2,2022
L1.
My Notary ID#126 otary Public in and for the State of T as
Expires Fobniary
APPROVED AS TO FORM ATTEST-
AND LEGALITY: '
By: By: d-/
Thomas Royce Hansen, M y J. Kayser
Assistant City Attorney City Secretary , . f
M&C: Not Required
FW American Aero Land Company,LLC—Lease Site 14C
Amendment No. 1 to CSC No.51704 OFFICIAL RECORD
Page 3 of 4 CITY SECRETARY
FT. WORTH,TX
Contract Compliance Manager:
By signing, I acknowledge that I am the person responsible for the monitoring and administration of
this cont ct, including ensuring all performance and reporting requirements.
Leasing Coordinator
Print Name
LESSEE:
FW AMERICAN AERO LAND
COMPANY,LLC
By: r L--
Jay
Tay e e'r i President
Date: 1 — (0— 20H
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME,the undersigned authority, a Notary Public in and for the State of Texas, on this day
personally appeared Jay H. Hebert, 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 FW AMERICAN AERO
LAND COMPANY,LLC and that s/he executed the same as the act of FW AMERICAN AERO LAND
COMPANY,LLC for the purposes and consideration therein expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this /D-fh day
12019.
[GLISA AKPMTHY Notary Public in and for the Vate of Texas
Notary Public,State of Texas
Notary ID 322081$
WCWWftWWEXP.00-424-2=j
FW American Aero Land Company,LLC—Lease Site 14C 1 ; n
Amendment No. 1 to CSC No.51704
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