HomeMy WebLinkAboutContract 35891-T1A1 (2) CM SECRETARY
CONTRACT NO.
AMENDMENT TO AGREEMENT TERMINATING LEASE AND
RELEASE OF OPTION
This Amendment to Agreement Terminating Lease and Release of Option("Amendment") is entered into
by and between the CITY OF FORT WORTH ("Lessor"), a home rule corporation organized under the
laws of the State of Texas, acting by and through Fernando Costa, its dul auLthorized Assistant City
Manager,and DON E. HANSEN, an individual("Lessee"),as of
("Effective Date").
RECITALS
A. Lessor and Lessee entered into an Agreement Terminating Lease (CSC Number 3589I-TI)
("Agreement") to terminate a Terminal Building Office Lease and Ramp Space License
Agreement at Fort Worth Meacham International Airport("Airport").
B. In the Agreement, Lessor granted Lessee an option to reestablish an FBO Operation on the
Airport("Option").
C. Lessor and Lessee are parties to a separate lease of real property known as the South Fuel
Farm at the Airport(CSC Number 41116).
D. Lessee now wishes to assign all of Lessee's remaining right, title and interest in the South
Fuel Farm to an assignee, and Lessor is willing to consent to such assignment provided
that Lessee amend the Agreement and release the Option.
AGREEMENT
In consideration of the mutual covenants contained in this Amendment, Lessor and Lessee agree as
follows:
1. The Agreement is hereby amended by deleting Section 3, "Option to Reestablish FBO," in its
entirety.
2. Lessee hereby releases all rights and interest in and to the Option, and agrees that Lessee no
longer has any option to reestablish an FBO at the Airport.
3. Except as amended by this Amendment, all of the terms and conditions of the Agreement are
ratified and remain in full force and effect. This Amendment is executed as of the Effective Date.
LESSEE:
DON E.HANSE
Amendment to Agreement Terminating Lease and OFFICIAL RECORD
Release of Option
Don E.Hansen CITY SECRETARY
Page 1 of 2
'. NORTH
CITY OF FORT WORTH:
By: ��.do�.Hh. G!.►�
Fernando Costa
Assistant City Manager
Date:
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APPROVED AS TO FORM ATTEST:
AND LEGALITY:
Y_ `�✓_ By: A 7>�
Charlene Sanders J.Kayser
.Assistant City Attorney City Secretary 14
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OFFICIAL RECORD
Amendment to Agreement Terminating Lease and C/0 y sEcRer
Release of Option Rr
Don E.Hansen •
Page 2 of 2 �� ! rx
M&C Review Page 1 of 2
Official site of the City of Fort Worth,Texas
CITY COUNCIL AGENDA FoRw T Won H
COUNCIL ACTION: Approved on 4/8/2014
DATE: 4/8/2014 REFERENCE NO.:**C-26756 LOG NAME: 55FTW CORNERSTONE
FLGTCTR
CODE: C TYPE: CONSENT PUBLIC NO
HEARING:
SUBJECT: Authorize Execution of a Consent to Assignment of a Tank Farm Lease and Public Fueling
Agreement by Don E. Hansen to Cornerstone Flight Center, LLC, for the South Fuel Farm
at Fort Worth Meacham International Airport and Authorize Execution of an Amendment to
City Secretary Contract No. 35891-T1 with Don E. Hansen to Release the Option for a
FBO Operation at Fort Worth Meacham International Airport (COUNCIL DISTRICT 2)
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the execution of a Consent to Assignment of a Tank Farm Lease and Public Fueling
Agreement by Don E. Hansen to Cornerstone Flight Center, LLC, for the South Fuel Farm at Fort
Worth Meacham International Airport; and
2. Authorize the execution of an Amendment to City Secretary Contract No. 35891-T1 with Don E.
Hansen to release the option for re-establishing an FBO operation prior to September 30, 2017 at
Fort Worth Meacham International Airport.
DISCUSSION:
Don E. Hansen currently holds a Tank Farm Lease and Public Fueling Agreement (City Secretary
Contract (CSC) No. 41116, M&C C-21287) for the South Fuel Farm at Fort Worth Meacham
International Airport.
Staff has received a request from Mr. Hansen to assign this Lease to Cornerstone Flight Center, LLC
(Cornerstone). Upon City Council approval, Cornerstone will assume oversight of all leasehold
interests and obligations associated with the Lease, as well as the associated FBO Permit.
The Lease prohibits Mr. Hansen from making any assignment of the lease to be made of the leased
premises without City Council approval. This type of transaction is routine for large airport tenants
and Staff has no objection to this request.
Mr. Hansen, by CSC No. 35891-T1 (M&C G-18092), holds an option to re-establish a FBO operation
at Meacham prior to September 30, 2017 (FBO Option). As consideration for the Consent to
Assignment, the City and Mr. Hansen will amend CSC No. 35891-T1, and Mr. Hansen will release the
FBO Option.
The property is located in COUNCIL DISTRICT 2, Mapsco 48T.
FISCAL INFORMATION/CERTIFICATION:
The Financial Management Services Director certifies that this action will have no material effect on
City funds.
TO Fund/Account/Centers FROM Fund/AccounVCenters
5/12/2014
M&C Review Page 2 of 2
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Bill Welstead (5402)
Additional Information Contact: Jonnie Huitt (5409)
ATTACHMENTS
55FTW CORNERSTONE FLGTCTR Map.pdf
5/12/2014