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HomeMy WebLinkAboutContract 53269-T1 RECEIVED. .�,n n City Secretary Contract Number 53a(oct-T{ :.10 CITY QE FORT WORTH CITY SECRETARY AGREEMENT TERMINATING LEASE FORT WORTH MEACHAM INTERNATIONAL AIRPORT SUITE L26 This AGREEMENT TERMINATING LEASE ("Agreement") 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 THE BREIT GROUP, LLC. ("Lessee"), acting by and through NIC O'DONOVAN, its duly authorized MANAGER. RECITALS The following introductory provisions are true and correct and form the basis of this Agreement: A. Lessor previously entered into an Administration Building Office month- to-month lease agreement at Meacham International Airport (the "Airport") styled as City Secretary Contract No. 53269 ("Lease"). B. The Lessee contacted Lessor on May 1, 2020 date indicating it was the Lessee's intent to terminate the Lease. AGREEMENT 1. TERMINATION OF LEASE. The Lease is hereby terminated effective as of May 31, 2020 ("Effective Date"), which is thirty days from the date in which Lessee provided written notice to Lessor of it's intent terminate in accordance with Section 2, "Term" of the Lease. However, such termination shall not constitute (i) a release by one party or any liability accruing or obligation to indemnify under the Lease or (ii) a waiver of one party to enforce any unperformed duties or obligations of the other under the Lease. OFFICIAL RECORD CITY SECRETARY FT. WORTH TX i 2. SURRENDER OR PREMISES. No later than 10:00 AM of the Effective Date (unless otherwise agreed between Lessee and New Lessee), Lessee shall vacate the leased premises and deliver all keys to Aviation Department at Suite 330. 3. NOTICES TO LESSEE AFTER EFFECTIVE DATE. All notices to Lessee after the Effective Date shall be addressed as follows: The Breit Group, LLC Nic O'Donovan 209 W. 2nd Street, Suite 214 Fort Worth, TX 76102 [Signatures to Follow] Agreement Terminating CSC 53269 2 Meacham International Airport Suite L26 IN WITNESS1�WIEREOF, the parties hereto have executed this Agreement in multiples on this the / — day of _ 0 A-/L , 2020. CITY OF FORT WORTH: By: William WeIstea Director of Av' tion Date: 01 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 William Welstead, 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. IVEN UNDER MY HAND AND SEAL OF OFFICE this Sl day 12020. ��►, `�1i0,pV PUB�i BARBARA JEANDGOODWINNotary Public,Comm. ExpirNotary ID otar Publi in and for the State of Texas APPROVED AS TO FORM ATTEST: AND L AL T � By: By: fw0mas Royce Hansen Nfary J. er f "y.. Assistant City Attorney City Secretary �+ M&C: N/A Approved: N/A Agreement Terminating CSC 53269 Meacham International Airport ®FFICIA " R `�k�'' Suite L26 CITY SE ETAF.;V '` LESSEE: ATTEST: THE BREIT GROUP, LLC By: By: Nic O' ovan Manager Date: � " z 4 Zo STATE OF TEXAS § COUNTY OF 4 11-C4 K f § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Nic O'Donovan, 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 Breit Group,LLC. and that s/he executed the same as the act of The Breit Group, LLC. for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day 92020. otary Public in and for the JUSTIN CURTIS State of Texas My Notary ID#129337458 Expires March 8,2021 OFFICIAL RECORD i Agreement Terminating CSC 53269 CITY SECRET V Meacham International Airport FT WORTH,T Suite L26