HomeMy WebLinkAboutContract 51266-A1 Ci Y SECRETARY
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FIRST AMENDMENT TO LICENSE AGREEMENT
This FIRST AMENDMENT TO LICENSE AGREEMENT (the "First Amendment") is
made and entered into by and between the CITY OF FORT WORTH, a home rule municipal
corporation of the State of Texas("Licensee")VELOCIS RIDGLEA,L.P., a Texas limited partnership
("Licensor").
WITNESSETH:
WHEREAS, Licensor and Licensee are parties to that certain License Agreement dated
September 17, 2018 (the "Agreement"), pursuant to Licensor granted Licensee a license to use that
certain office space known as Suite#26 (the "Existing Premises") in the Building located at 6040 Camp
Bowie in Fort Worth,Tarrant County 76116(the`Building"); and
WHEREAS, Licensor and Licensee desire to relocate the Existing Premises to Suite #62 in the
Building as shown on Exhibit"A"attached hereto(the"Relocated Premises").
AGREEMENT:
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged and confessed,Licensor and Licensee agree that the Lease is hereby amended as
follows:
1. Relocated Premises. Effective as of February 1, 2019 (the "Relocation Commencement
Date"),the Existing Premises shall be replaced with the Relocated Premises. On or before the Relocation
Commencement Date, Licensee shall surrender possession of the Existing Premises, in broom clean
condition,with all of Licensee's furniture,fixtures and equipment removed.
2. As-Is Condition. Licensee shall accept the Relocated Premises in its AS-IS, WHERE IS,
condition. Licensor shall not be required to make any improvements, alteration or additions to the
Relocate Premises. LICENSOR MAKES NO WARRANTIES, EXPRESS OR IMPLIED, WITH
RESPECT TO THE RELOCATED PREMISES EXCEPT AS EXPRESSLY SET FORTH IN THE
AGREEMENT.
3. Conflict: In the event of any conflict between the terms of the Agreement and the terms of
this First Amendment, the terms of this First Amendment shall control. Except as expressly set forth
herein, the Agreement shall continue in full force and effect according to its terms and thereupon be
deemed applicable to the Relocated Premises.
4. Defmitions: Capitalized terms used herein but not otherwise defined herein shall have
the meaning given to them in the Agreement. From and after the Relocation Commencement Date, all
references in the Agreement to the"Premises"shall mean the Relocated Premises.
5. Execution: The parties agree that this First Amendment may be transmitted between
them electronically and the parties intend that an electronically transmitted First Amendment containing
either the original and/or copies of the signature of all parties shall constitute a binding amendment. This
First Amendment may be executed in any number of counterparts,each of which shall be deemed to be an
original agreement and all of which when taken together shall be deemed to be one and the same
agreement.
OFFICIAL RE C
1 CITY SECRET
FT'. WORTH
IN WITNESS WHEREOF,the parties hereto have caused this First Amendment to be executed this
1�t day of ,2019.
LICENSEE: LICENSOR:
CITY OF FORT WORTH VELOCIS RIDGLEA,L.P.
a home rule municipal corporation a Texas limited partnership
of the State of Texas
By: Velocis Ridglea GP,LLC
a Texas limited liability company
By: Its: General Partner
Jay Chapa
Assistant City Manager By: Velocis Fund GP,LP,a
Delaware limited partnership
Its: Manager
By: Velocis Fund UGP,LLC
CONTRACT COMPLIANCE MANAGER a Delaware limited liability
By signing,I acknowledge that I am the person company
responsible for the monitoring and administration Its: General PoRer
of this contract,including ensuring all performance
and reporting requirements By:
Name: ZI-04A 15
By; Title: anag r
Title:
APPRO D AS TO FORM AND LEGALITY:
By; '
Leann Guzman
Senior Assistant City Attorney,Section Chief
ATTEST: " FOR�'�
By: .�� •.0
yser
r C.1
ity Secretary
*:t
Form 1295:Not applicable
M&C: Not applicable
2
0FFICIAL E RI
CITY SECR RY
FT, WORT4,TX
Exhibit"A"
Relocated Premises
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