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HomeMy WebLinkAboutContract 35745 (3) CITY SECRETARY CONTRACT NO. LEASE AGREEMENT i A l—r, 0 Fr,1�rV ii COUNTY OF TARP T § ulN Icasc as'ici✓111c;ill. 1 L�caNcI IJ iilaLic al" cnlcicu uuil iiii�, iiic ud'v tit 2007, the effective date hereof, at Fort Worth, Texas by and between the �r i,iiv ill i•iiiL iivl31ii1 a ii�iiiiii„ipai i;iiiulnaLii)ii_ ai,iiu� iiJ ai�ii iiiii)u>=.ii ii� uiiiY` aiiiiiiiiiZcu representative, Assistant City Manager, Dale Fisseler, (Lessor) and US Mexico Chamber of Commerce, (Lessee). .�ui•.i i , cacu �'cii�ic� &iiu 1.uLiiiiiglii f1lGA.- A. For and in consideration of the rental payments to be paid under this Lease, Lessor leases t!% I PQQPP L,nm 1 PQOPP ioacPo fvr%T" I PQcllr the tAll—— .Z11r-11 I �n 9 1lNii �.�0.— "A—. �.;v.:.rv:. a:.u.::..: c A.. - a..:..v :.--- - _--C u_ -a.:. Y---Y- - service basis: ri oroxili aie1v 200 rei-.i.iilc �Sfi.C_ ii.li 1,_n cii ri_liil _ � I in the "Building" located at 808 Throckmorton.Street, Fort Worth, Tarrant County, Texas, a more particular description of which is attached as "Exhibit A." i_i4�--�ii_-c-�.,i r.,l-___ ��cu c ,ii. lwii� nu'v a,Iiil a.il improvements, fixtures and appurtenances thereon, thereunder or over, shall be referred to as the"Leased Premises". B. The Leased Premises shall be !eased to Lessee unfurnished. ,c c_ aivree i.iia.i. i.iIc i,_n ci I iciiil _ ii/UAL i)ii llIaV �hall V i_ili 111M 1-11c .cI li1 01 1.11c Lease. If Lessor desires to move Lessee during the term of this Lease, Lessor shall offer CA7llilla1 A.I/1G l /A.�.G Ll/ i,C11CC (11Iii I,GIIG_ sllil.11 II.GLC�l 111 ilC_ ill il.l fill_ ill.l�,i l.11111 \N 11_LIIGI it,) accept such space. If Lessee does not accept the new space, this Lease shall automatically be terminated. farf TIfN ire, Su c_ i Lessee understands that Lessor is subleasing the Leased Premises to Lessee and that Lessor is ic(i iifg %iiG i,c __ii 1 Icillllc ii(ilil i' ., VVol .ii !'ia_i i. i,iliilucki I I .iic�-1111 iii�li_ C"Master Lease") and liessee agrees that this Lease is subject and subordinate to such Master i G6Cy SECTION 3. Use of Premises. A. The Leased Premises shall be used primarily for administrative offices of the Lessee. n •a•1'- r ax --__•:-.-1 --� -' _--'- "_. •tl. 1 :• •, .. .. `. 1J. 1IIG Li r1 •�1111.1G_.1 IIIaV Ill. I- l7G 11.1G11 ll ll aNY IIiGuA.I A.L,Li VILV_ ill A.fiV l/al,il VliV l d hazardous or high-risk nature that would endanger property or human safety. Lessee will City of Fort Worth Lease Page 1 i lake rnea.sules, TO 12--- aVa.iii�% n.nv Iyonklii.linl di.i_ Lliry i,cn_-�Gu rieii iii at illsi al iiny.L i4 or of a hazardous or high-risk nature that would endanger property or human safety. .l 1''\. I it Jim y. 1C'�rii1 11111 1�C111.. A. This lease sll ll be for a period of 12 months commencing on September 1, 2007 and LGI IIIi I'1 a.1.1111✓_ f1�llL.lL J1. LVVO_ LLIII GSS Q tll l\ll LGt ll4I ldLit111 I1 GIIGI,LGIl �)V GILIIGI LGI:f\71 III I Lessee under the termination provisions of this Lease. During the one-year term, Lessee 1i14.11 IIA.V LC1.11ll A.I IIILLA.i IGIIL ill 1V.VV IIGI lU L1a.IG 1\)iIL IIGI VGd.I L/A..IG IGIIL_ IJA.VA.I/IG 111 GU LLA.1 monthly installments of S20'6.66. I,c cc Iin.il iin:Vc�.nc iViii. .ii Iciitw i IS i,ca c Sill %)iic VIC41 VVIIAI t.iiii%v ii :vim wII%.uii I it i%it'C to Lessor at the then prevalent market rate as determined by Lessor. /__.IS <:I_:< -- <_.,_1-I" !`'- 3 1'-''__=,'1 >A:=__, T :1• 1 • ll ,' _ L,GSJGG Jiiaii AIM? SIG lG.I IIVIIJ IL)lG llll PAUUILII)Hal 1\Glli L11i lJGIIJGI A.J I) Li li 1c; It .7 Cil-Llllil J during any renewal term C. Lessee shall pay Lessor rent at 808 Throckmorton Street Fort Worth, Texas 76102. -A S iii�. r fLi�iig{!��at"�e�i ,irlesi'se's A. In the event Operating Expenses(as hereinafter defined) of Lessor incurred in connection Wil,ii 'Llle 1,71.Ifii a ll_l. t)lii M11 i12 Ili wiliuii G i,Ua U111 1-I4i n�1� {LAG (1 i�ali._ l�iA.�i Jill f111V calendar year during the Term of this Lease exceed the sum of the 2006 Base Year Actual C'1xpGiljc.1_ IX;,JWV nVlss� ell "dy 0. akitu Y.iliiial i-ciit,I I,c��cc Ulil ina'd jlSaic i i,cj c� j Share") as determined by Lessor of such Operating Expenses in excess of 2006 Base Year. ("Excess Operating Expenses") of the Leased Area. The 2006 Base Year shall be Y d— Is r«:,,._--I :_,_:,:= I. -,-=-'_- r1 r+•,__ rr-__"FIT ,l_ I r, Worth ril•- l1GLG1 IIIIIIGIl LII Ill GI LIIG IYIA..ILGI LGA.AG LICL WG�II LIIG L.ILV 111 I'lJI L YY Ili L/I A.1111 ('L_ Yi•'Ui LI'I f IdG'ti._ Limited Partnership. ii i iic cliii ii3rlai.iiiV i',x� ii cj+ 4 u�cii 11 1G1 tiIlaii iiiciu is --it I-S-Im dii i expt;viC ii every kind and nature whatsoever incurred by Lessor in connection with the ownership, ivnnrot/�n 7tI/1 fn o+nYgn7tlnq �t tiYq �tµ.iwin Yl R� /innYnwn� trl Ivinnruttnn Hvrtnnvvc-, �il µ'll reduce Lessee's rent below the sum set forth in Section I.A. i,, fe rn ii. r."r_;r iii yI v%r_,»rr_, j ;i7in.i`r i)� r,xiir ri_%irrA.�.f.iw 1�,X It'l 1i-7i- 11Ir, iran-unim Period, as estimated under the Master Lease. if this Lease commences on other than the iiii ud.y ill a Gdiciilial yeas; vl 11 uiii L,caac cn�lilG� iiii lnucl Liid.ii i�ic ia�L iiav iii a calendar year, then the Excess Operating Expenses shall be prorated according to the UIIItliJll iJi tIIG 1 GI 111 LIId.L IILJiall l lull lllL' .lL1 L,11 L,A.IGIIII A.I year- 11L IGA..IL 111 LC,CII 1\1 J 1 11A.V J ill IiJI to the commencement of each calendar year during the T erm, commencing with the \alcu IIual vcal GVV Lcll .11t 111 4ii iLll iI1JY1 Lb cicc A W! tI ILLG L6LGIIiG IIItii3iiV liiiiii L�fc estimated Lessee's Share for the following year and a statement showing one-twelfth I 17 1 !/ IGI lIl LIIG A.1Ill li.illL iJl LIIG GILI IItA.LGll L,G,l1GG .l �Ild.IC- IL. A.J l'lll�.IIV LLGLGl fill 11G1i_, L,GIIeGi.j Share shall be greater than or less than the aggregate of all' installments so paid to the -- . - - - LG.l1lI1 Illl 1LL\,11 LWGIVG 1 IL,I Illl)1IL11 VGI IIJLL; LllGll L,G.l1GG 1tiA.li UY1V Li) L�G.I.I\ll Li1G A.111i)i111L l)1 such underpayment within thirty (30) days of delivery of such statement, or the Lessor shall credit Lessee for the amount of such overpayment, as the case may be. City of Fort TVorth Lease Page 2 Premises. ShaIl - ' -- -- - - �T- 11 EHI 11C i La1lifi!5 all ItYl LIIU I tf aI uUI UMIICaill-I internet charges. -"- i TR -�C F-tA/ %a F RE x,or Lessee shall keep thel Leased Premises, including all fixtures installed by Lessee, in good and es. -C -11-all p- - r-plac-i-ne- - --hie 'o-1.1endi- pie-a-pie L-,Clllc]L t a. klill II i C; N 1 11 av 1.11C utysl. iji Inviali diki e0i -0 fit. t damage or injury done to the Building (other than the Leased Premises) or any part thereof by T 1. . .. 1 -1 In. -1 11 1 n --e- a.-M'071 I I S-a-- CI I-Vi ,-1 Iu--1.% - -1 , 11 11 paid by Lessee to Lessor upon demand, plus interest thereon, as provided in this Lease, from I T-- ,- -&_- C, A7 Go allil 11,11 Jnlo t "fill F I Cue it I 11411-)11 ,J tlll�% I _ l'o.S.Suc VVIII >uliciIiict Allti tLUIJVU kill Leased Premises to Lessor in the same condition in which they existed at the commencement of C -%wear A -r A -j -i -I-ase _I I -vitillull I.FIC ex-e irig only o an i atna- e Ii -1 it 0- tJL 1.oa a t I kt 1,1111 fill hereunder to be repaired at Lessor's expense N I'A a I"01 A. A 1'r rq.-% I I'l"V r F'%,I A. Lessee shall not make any alterations, additions, or improvements to the Leased Premises without the prior written consent of Lessor. 1-- lk Ar-, T 11 af- MaN1.01 I-CaNU Miall IiaVC LIIU B- tU.%MJI allU I'L. —Jr I'MI-Auci rdi illuiSiliLl UCi- file right to enter upon the Leased Premises for the purpose of inspecting same, or of making lcfifila I *ni4 --1--- r oplai-IIN Cir al-111-111,101IS LO UJU L,%5aNCLL rFeFIIIS-1e!%-- OF CIL ki tut)aii,,- all-ClaUtYlls- OF d-U' LlIM11IN to adjacent premises, or of showing the Leased Premises to prospective purchasers, lessors, or lenders. 4711J1! rTTTC)N 9. —, - -b A A --X- A. Commercial General Liability Insurance. Lessee shall at all times during the term "di ILY011oldl LIdIUIIILV I-MILV M f11.1111allUt; VVILII JIIIIILS MY1, I S.S than $1,000,000 per occurrence, combined single limit for bodily injury or death and i��i WWI hilh ary�v,"ato %olri kaxia tk,- f-41, r%+- i-i^rt Wf-�rtk -Z:X11-1,—. r—IJ "�- —.) W� �� -as an additional insured. Lessee shall furnish to Lessor a certificate of insurance 1)U Umot'l, U) ve-Iff-VIF12 SiXii GUIVIC-1al-1-v.0 W-1111 -a- Mal, .ULAI iJtJIlLv shall n(A 0 - S-- cancellation except upon thirty (3)0) days' prior written notice to Lessor. Lessor may, at .- 1-_�'--- -1 � - -- * T --.— -,-- -Lil 1-. f7'-t-.- W.-Al 10. MMOIL alNty ICUU-1-110- LUN.NUU U] S U-111-111 -a- C-ADDY-V %Ji Lim OthiCy OF l7K-)-HCAe.%- 'lit CiiML dz% - Eli as proof of payment of premiums. i 1: -1 s a 'I)e i-esponsil-I-ijil 41 lk'o ItIl 11_1 IOIC; it-it III--I lfaffi-ili- a.11V litlill:v Of insurance which will insure against loss of property owned by Lessee which is located S on the 1 eased -ur—mise-s. SM.- insurati— sh— —UM Lessor. L - F-Ves 0 dull J VV aIC%I I it J I i c LILIUUI LIaLJIIILV allU RILKNI, IdItil I It V L'u ue 'N ilS V-1 Vol S u beverages to be sold, given or served, Lessee shall at all times during the term hereof I maintain Liquor Liability coverage and Host Liability coverage with limits not le City of Fort mirth Lease Page 3 ^.",onym, TEX. $1,000,000 per occurrence, combined single limit for bodily injury or death and property damage, $2,000,000 aggregate. D. Prior to Les ee moving into the Leased Premises, Lessor must provide Lessee with evidence of overage required by this Lease. Such evidence shall be in the form of Certificates of Insurance issued by the insurance carrier. Throughout the term, Lessor must provide Lessee with renewal certificates prior to the expiration date shown on the previous Certificate of Insurance on file with Lessor. Certificates of Insurance must specify the additional insured status mentioned above as well as the Waivers of Subrogation. Each Certificate of Insurance must state that Lessor will be notified in writing thirty(30) days prior to cancellation, material change, or renewal of insurance. SECTION 10. INDEMNITY; WAIVER OF LIABILITY A. LESSEE AGREES TO INDEMNIFY, DEFEND AND SAVE HARMLESS LESSOR AND ITS EMPLOYEES (COLLECTI -ELY "INDEMT NITEES") FROM AND AGAINST ANY AND ALL LIABILITIES, DAMAGES, CLAIMS, SUITS, COSTS (INCLUDING COURT COSTS, ATTORNEYS' FEES, AND COSTS OF INVESTIGATION) OF ANY NATURE, HIND OR DESCRIPTION OF ANY PERSON OR ENTITY, DIRECTLY OR INDIRECTLY ARISING OUT OF, CAUSED BY;I OR RESULTING FROM(IN WHOLE OR IN PART): (i) THE USE AND OCCXiiATION OF THE LEASED PREMISES, (ii) ANY ACT OR OCCURRENCE ON THE LEASED PREMISES, OR ANY PART THEREOF, (iii) THIS LEASE OR THE PERFORMANCE BY LESSEE OF ITS OBLIGATIONS HEREUNDER OR (iv) ANY ACT OR OMISSION ON THE PART OF LESSEE OR ANY INVITEE, LICENSEE, EMPLOYEE, DIRECTOR, OFFICER, SERVANT, CONTRACTOR, SUBCONTRACTOR OR LESSEE OF LESSEE OCCURRING ON, IN, OR ABOUT THE LEASED PREMISES OR THE BUILDING (THE ABOVE HEREINAFTER COLLECTIVELY REFERRED TO AS "CLAIMS"), EXCEPT TO THE EXTENT THAT SUCH CLAIMS ARISE, VDOILI OR a V V s`I'TFJB-UTED TO THE CONCURRENT NEGLIGENCE, SOLE NEGLIGENCE ANVD OR S'-f ICT LIABII.I'I'Y OF ANY OF THE INDEMNITEES. IF ANY ACTION OR PROCEEDING SHALL BE BROUGHT B Y OR AGAV i ST ANi 111INDEiv IN1TEE Div C001--1 NNE C TTI0 N Wit i it NN 1 SIiCH LIABILITY OR CLAIMS, LESSEE, ON NOTICE FROM LESSOR, SHALL DV + +''Vn 9'fTrT4 A CTTO1V OR PROi"r_I+TJT— 4- A T 7 l±cCT+'F�c FXPT'NCF RV OR .,..,> .. .� .`.zJ.✓.r . a v sr..m .._.., ..y _ I'HRO U GH A 11 I OI NEE Y S REASONABLY SATISFACTORY TO LESSOR. THE PROVISIONS OF THIS PARAGRAPH SHALL APPLY TO ALL ACTIVITIES OF 7,Ff:QFr TVTTU 1D':'^PaCT' '3'`_': T"InK :0 4SED Vo'rA*?law'Q ^?.} R'!MnVIVE! WHETHER OCCURRING BEFORE OR AFTER THE COTAl�tr;NCEfiI NT DATE OF THE TERM AND BEFORE OR AFTER THE EXPIRATION OR 'y Rr Vl i A ��r OF -I fS LEASE. �ESSOE `� O.4�uGA l I'il S UNDER MS- a�...4..���.:vim PARAGRAPH SHALL NOT BE LIMITED TO THE LIMITS OR COVERAGE G I{N\1-10 All i.` FUlA 1t�--I AiiV V.ra %�u V V./i�f i 11 il''y� �fI a i/mA-1 PV`F�A i IV Vus a _ LESSEE UNDER THIS LEASE. City ofFort lYorth Lease Page 4 B. NO INDEMNITEE SHALL BE LIABLE IN ANY MANNER TO LESSEE OR ANY OTHER PARTY FOR ANY INJURY TO OR DEATH OF PERSONS OR FOR ANY LOSS OF OR DAMAGE TO PROPERTY OF LESSEE, ITS EMPLOYEES, AGENTS, CUSTOMERS, INVITEES, OR TO OTHERS, REGARDLESS OF WHETHER SUCH PROPERTY IS ENTRUSTED TO EMPLOYEES OF THE BUILDING, OR SUCH LOSS OR DAMAGE IS OCCASIONED BY CASUALTY, THEFT, OR ANY OTHER CAUSE OF WHATSOEVER NATURE. EXCEPT TO THE EXTENT THAT SUCH INJURY, LOSS OR DAMAGE IS CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF ANY INDEMNITEES, IN NO EVENT SHALL ANY INDEMNITEE BE LIABLE IN ANY MANNER TO LESSEE OR ANY OTHER PARTY AS THE RESULT OF THE ACTS OR OMISSIONS OF LESSEE, ITS AGENTS, EMPLOYEES, CONTRACTORS OR ANY OTHER LESSEE OF THE BUILDING. ALL PERSONAL PROPERTY UPON THE LEASED PREMISES SHALL BE AT THE RISK OF LESSEE ONLY AND NO INDEMNITEES SHALL BE LIABLE FOR ANY DAMAGE THERETO OR THEFT'THEREOF,EXCEPT TO THE EXTENT THAT SUCH DAMAGE OR THEFT IS CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF ANY INDEMNITEE. SECTION 11: DEFAULTS AND REMEDIES A. Lessee Defaults. Each of the following acts or omissions of Lessee or occurrences shall constitute an "Event of Default:" (1) Failure or refusal by Lessee to timely pay Rent or other payments hereunder. (2) Failure to perform or observe any other covenant or condition of this Lease by Lessee to be performed or observed prior to the expiration of a period of ten (10) days 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 ninety(90) days. (4) The filing or execution or occurrence of A petition in bankruptcy or other insolvency proceeding by or against Lessee; or petition or answer seeking relief under any provision of the Bankruptcy Act; or an assignment for the benefit of creditors or composition; or a petition or other proceeding by or against the Lessee for the appointment of a trustee, receiver or liquidator of Lessee or any of Lessee's property; or a proceeding by any governmental authority for the dissolution or liquidation of Lessee. B. This Lease and the Term 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 all other rights and remedies given hereunder or by law or equity, do any one or more of the following: City of Fort Worth Lease Page 5 (1) Terminate this Lease, in which event Lessee shall immediately surrender possession of the Leased Premises to Lessor. (2) Enter upon and take possession of the Leased Premises and expel or remove Lessee and any other occupant therefrom, with or without having terminated the Lease. (3) Alter locks and other security devices at the Leased Premises. C. No such alteration of security devices and no removal 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 over Lessee's property within the Building. All claims for damages by reason of such re-entry and/or repossession and/or alteration of locks or other security devices are hereby waived, as are all claims for damages by reason of any distress warrant, forcible detainer proceedings, sequestration proceedings or other legal process. Lessee agrees that any re-entry by Lessor may be pursuant to judgment 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 the event Lessor elects to terminate the Lease by reason of an Event of Default, then, notwithstanding such termination, Lessee shall be liable for and shall pay to Lessor at Fort Worth, Tarrant County, Texas,the sum of all Rent and other indebtedness accrued to the date of such termination. E. Notice of Termination. If Lessee fails to cure any default within the time periods set forth in Section 12A above, Lessor may terminate this lease upon written notice sent certified mail to the Lessee. Termination shall be effective 30 days after Lessee receives such notice. F. Lessor Default. In the event of any failure to perform any provision in this Lease Agreement 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 due diligence) in which to cure any such default. If Lessor fails to so cure any default after this notice, Lessee may terminate this Lease upon written notice to Lessor, such termination to be effective within ten (10) days after Lessor's receipt of such notice. SECTION 12. Fixture . Lessee may remove all of its owned trade fixtures, office supplies and movable office furniture and equipment not attached to the Building provided: (1) such removal is made prior to the termination of the Term; (2) Lessee is not in default of any obligation or covenant under this Lease at the time of such removal; and (3) Lessee promptly repairs all damage caused by such removal. All other property at the Leased Premises and any alteration or addition to the Leased Premises(including wall-to-wall carpeting, paneling or other wall covering) and any other article City of Fort Worth Lease Page 6 attached or affixed to the floor, wall or ceiling of the Leased Premises (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 Premises 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 Premises and will repair any damage caused by such removal. SECTION 13. Non-Appropriation Termination Notwithstanding any provision contained herein, this Lease shall terminate in the event that the governing body of Lessor shall fail to appropriate sufficient funds to satisfy any obligation of the City of Fort Worth under the Master Lease. Termination shall be effective as of the last day of the fiscal period for which sufficient funds were appropriated or upon expenditure of all appropriated funds,whichever comes first. SECTION 14. Surrender of Leased Premises. Upon the termination of this Lease for any reason whatsoever, Lessee shall surrender possession of the Leased Premises in the same condition as the Leased Premises were in upon delivery of possession under the Lease, reasonable wear and tear excepted. Lessee also shall surrender all keys for the Leased Premises to Lessor at the place then fixed for the payment for rent and shall inform Lessor of all combinations on locks, safes, and vaults, if any, on the Leased Premises. Lessee shall remove all its furniture and equipment on or before the termination of the Lease; and Lessee shall be responsible for repairing any damage to the Leased Premises caused by the removal of furniture and equipment. SECTION 15. Governmental Regulations. A. Lessee agrees to comply fully with all applicable Federal, state, and municipal laws, 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 materials within the Leased Premises. SECTION 16. Assignment. Lessee shall not assign this Lease without the prior written approval of Lessor. SECTION 17. Notices. All notices to Lessor shall be sent to: Sigi Frias Director, Fort Worth International Center 808 Throckmorton Fort Worth, Texas 76102 City of Fort Worth Lease Page 7L2 i All notices to Lessee shall be sent to: Albert C.Zapanta 808 Throckrnorton St. Fort Worth,TX 76102 Mailing of all notices under the Lease shall be deemed sufficient if mailed certified, return receipt requested and addressed as specified herein to the other party's address. All time periods related to any notice requirements specified in the Lease shall commence upon the terms specified in the section requiring the notice. SECTION 18. Entire Agreement; Modification. 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. B. This agreement cannot be changed or modified orally, but only by an instrument in writing signed by both parties. SECTION 19. Waivers . One or more waivers of any covenant, term, or condition of the Lease by either Lessor or Lessee shall not be construed as a waiver of a subsequent breach of the same covenant, term, 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 unnecessary consent to or approval of any subsequent similar act. SECTION 20. Choice of Law; Venue. A This lease and the relationship created hereby shall be governed by the laws of the State of Texas. B. Venue for any action brought to interpret or enforce the terms of the Lease or for any breach shall be in Tarrant County, Texas. SECTION 21. 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. SECTION 22. Contract Construction. The parties acknowledge that each party and, if it so chooses, its counsel have reviewed and revised this Agreement and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party must not be employed in the interpretation of this Agreement or any amendments or exhibits hereto. City of Fort Worth Lease Page 8 ATTACHMENT& EXHIBITS Exhibit A Leased Premises SIGNED this day of 52007. LESSOR: City of Fort Worth LESSEE: By: Z By: Dale Fisseler �' Albert C. Zapanta Assistant City Manager President& CEO ATTEST: fN-\\ Marty Hendrix City Secretary APPRONIED AS TO FORM ATv'D'EGALi i Y: City Attorney o s Designee Date: -2 0 M& C Number: (�" / 7 yy�0 Contract Number: V f� Nn o City of Fort Worth Lease Page 9 h= 1 r 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 Dale Fisseler, known to me to be the same 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/she executed the same as the act of said City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. VE UNDER MY HAND AND SEAL OF OFFICE this `day of , 2007. ANA L.BRISENO Notary Public in and for the State of Texas Notary Public,State of Texas My Commission Expires March 07,2011 City of Fort Worth Lease Page 10 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 Albert C.Zapanta, known to me to be the same person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of US Mexico Chamber of Commerce and that he/she executed the same as the act of said US Mexico Chamber of Commerce for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 20 ..� REBECCA GONZALEZ QUEEN W COMMISSION EXPIRES JANUARY 10,2011 Notary Public in and for the State of Texas City of Fort Worth Lease Page 11 �: :67611H, YEN,. Exhibit A 0 Leased office ICMc.6.c� VN m b SFi.cL nFtitG U r c � I�XVI i i F r--- --_—_--_-- City of Fort Worth Lease Page 12 Page 1 of 2 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 8/5/2004 DATE: Thursday, August 05, 2004 LOG NAME: 17FWIC LEASE 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_packet/Reports/mc_print.asp 9/6/2007 Page 2 of 2 TO Fund/Account/Centers FROM Fund/Account/Centers GG01 442323 0174010 $0.00 Submitted for City Manager's Office by: Dale Fisseler(Acting) (6140) Originating Department (Head: Tom Higgins (6192) Additional Information Contact: Dorothy Wing (212-2665) http://www.cfwnet.org/council_packet/Reports/mc_print.asp 9/6/2007