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HomeMy WebLinkAboutContract 37667-R4 (2)m i"eF yr1'.. FOURTH RENEWAL OF LEASE AGREEMENT WHEREAS, the City of Fort Worth ("Tenant") and Fort Worth Independent School District ("Landlord") entered into a Lease Agreement for space at 6701 Shelton Street ("Leased Premises") (City Secretary Contract No. 37667, as renewed by City Secretary Contract Nos. 39813, 37667-R2 and 37667-R3, collectively the "Lease"); WHEREAS, the Lease allows for up to five 12-month renewal terms, three of which have already been exercised; and WHEREAS, it is Tenant's intent to exercise the fourth option to renew the Lease. THEREFORE, Landlord and Tenant agree that the fourth renewal period will commence on April 1, 2013 and expire on March 31, 2014, subject to all remaining renewals tenns and other terms of the Lease. TENANT: CITY OF FORT WORTH C Daniels, Assistant City Manager APPROVED AS TO FORM AND LEGALITY: Assistant City Attorney LANDLORD: FORT OOL DISTRICT Name: Walter Dansby Title: Superintendent d by P. Gonzales, A °00 0� DATE: Tuesday, June 10, 2008 LOG NAME: 356701 SHELTON SUBJECT: Authorize the Execution of a Lease Agreement with the Fort Worth Independent School District for Space Located at 6701 Shelton Street for the Police Department RECOMMENDATION: It is recommended that the City Council authorize the City Manager to execute a lease agreement with the Fort Worth Independent School District for office space located at 6701 Shelton Street, DISCUSSION: The Engineering Department, Real Property Services Division, at the request of the Police Department, has negotiated the lease of space for police officers, including off -duty officers, primarily during the hours of operation of Eastern Hills Senior High School. The lease term will be for two years, beginning Aprif 1, 2008, and terminating on March 31, 2010, with five one-year options to renew. The rent will be $1.00 per year. Under the terms of the lease, the landlord will be responsible for payment of all utilities, with the exception of telephone charges. The City has occupied this space since January 2001. This property is located in COUNCIL DISTRICT 8. RENEWAL OPTIONS -This agreement may be renewed for up to five successive one-year terms at the City's option. This action does not require specific City Council approval provided that the City Council has appropriated sufficient funds to satisfy the City's obligation during the renewal term. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that funds are available in the current operating budget, as appropriated, of the Crime Control and Prevention District Fund, TO Fund/Account/Centers Submitted for C� Manager's Office b� Originating Department Head: Additional information Contact: FROM Fund/Account/Centers GR79 539120 0359501 1.00 Joe Paniagua (6575} Patricia Kneb{ick (4210) Kara Shuror (4221) Lagna�ne: 356701 SHELTON Page 1 of 1