HomeMy WebLinkAboutContract 32703-A2 i
CSC No. 32703-A2
SECOND AMENDMENT TO THE
MANAGEMENT AND LEASE AGREEMENT
This Second Amendment to the Management and Lease Agreement ("Amendment") is
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made and entered into effective as of the 1st day of November 2020 (the "Effective
Date") by and between City of Fort Worth, a home rule municipal corporation, ("Lessor") and
Fort Worth Community Arts Center, Incorporated ("Lessee").
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WHEREAS, ("Lessor") and("Lessee")previously entered into that certain Management and
Lease Agreement(the"Agreement") (City Secretary No. 32703) as approved by M&C C- 21072,
Renewal of Management and Lease Agreement(City Secretary No. 32703-R1), Amendment to
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Management and Lease Agreement (City Secretary No. 32703-A1); and Second Renewal of the
Management and Lease (City Secretary No. 32703-R2); and
WHEREAS the Second Renewal will terminate on October 31, 2020; and
WHEREAS the Lessor and Lessee now wish to amend the Agreement to add a two (2)
additional five (5) year renewal options.
NOW, THEREFORE the Agreement is amended as follows:
Under Section 1.2 Term: The number of successive five (5) year terms is changed from
two (2) to four(4).
• The 3`d renewal term is effective November 1, 2020 and expires October 31, 2025.
• The 4ch renewal term is effective November 1, 2025 and expires October 31, 2030.
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All other terms and conditions of the Agreement remain unchanged and in full force and effect.
< Signatures page following>
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OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
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EXECUTED this day of , 2020.
CITY: CITY OF FORT WORTH LICENSEE: FORT WORTH COMMUNITY j
ARTS, INCORPORATED
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Dana Burghdoff(N 12,202 16:00 CST) K-.w
By:
Dana Burgdoff Name: Karen Wiley
Assistant City Manager Title: President,CEO
City of Fort Worth Contract Compliance Manager:
By signing I acknowledge that I am the person responsible
for the monitoring and administration of this contract, including
ensuring all performance and reporting requirements.
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Mark BroWn(Nov 11,202014:41 CST)
Name: Mark Brown
Title:
Senior Land Agent,Property Management Department
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APPROVED AS TO FORM
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AND LEGALITY:
Leann Guzman(Nov 12,202014:42 CST)
Leann Guzman
Deputy City Attorney
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Maly Kayser �P °°PO4—
City Secretary �a °°°°°°°°° a
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M&C: 20-0830
Date: 11/10/2020
Form 1295: 2020-676228
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
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CITY COUNCIL AGENDA FORT WORTH
21 FORT WORTH
DATE: 11/10/2020 NEOFERENCE 0830 C 20_ LOG NAME: COMMUNITYARTS LEASE
AMENDMENT
PUBLIC
CODE: L TYPE: CONSENT HEARING: NO
SUBJECT. (CD 7)Authorize the Execution of an Amendment to the Management and Lease
Agreement(City Secretary Contract Number 32703) with Fort Worth Community Arts
Center, Incorporated to Add Two (2)Additional Five (5) Year Renewal Options for the
Management and Lease of the Fort Worth Community Arts Center Located at 1300
Gendy Street, Fort Worth, Texas 76107
RECOMMENDATION:
It is recommended that the City Council authorize the execution of an amendment to the
Management and Lease Agreement(City Secretary Contract Number 32703) with Fort Worth
Community Arts Center, Incorporated to add two (2) additional five (5) year renewal options for the
management and use of the Fort Worth Community Arts Center located at 1300 Gendy Street, Fort
Worth, Texas 76107.
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DISCUSSION:
The Fort Worth Community Arts Center, Incorporated (FWCC) under City Secretary Contract Number
32703 is currently leasing and managing the operations of the Fort Worth Community Arts Center
(Facility). The Facility provides space for multi-cultural, recreational, entertainment programs and art
exhibits for the benefit of the general public. FWCC also subleases space and provides management
services to other performing arts entities, organizations and individuals in the Facility. The second and
final renewal of the Management and Lease Agreement(Agreement) expires October 31, 2020.
The Property Management Department and FWCC have agreed to amend the Agreement to add two
(2) more five (5) year renewal options.
• The third renewal term is effective November 1, 2020 and expires October 31, 2025.
• The fourth renewal term is effective November 1, 2025 and expires October 31, 2030.
All other terms in the Agreement will remain in full force. Revenue from this amendment is estimated
at $100.00 annually. The City is responsible for payment from the General Fund of up to $100,000.00
annually for the cost of electricity of the Facility.
This property is located on Council District 7.
FISCAL INFORMATION/CERTIFICATION:
The Director of Finance certifies that that funds are available in the current operating budget, as
previously appropriated, in the General Fund and upon approval of the above recommendation and j
execution of the amendment to the lease agreement, the Property Management Department (and
Financial Management Services) is responsible for the collection and deposit of funds due to the
City. Prior to any expenditure being incurred, the Property Management Department has the
responsibility to validate the availability of funds for payment from the General Fund.
TO
Fund Department Account Project Program Activity Budget I Reference# Amount
ID I I ID I I I Year I (Chartfield 2)
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FROM
Fund Department Account Project Program Activity Budget Reference# Amount
ID ID Year Chartfield 2
Submitted for City Manager's Office by: Dana Burghdoff(8018)
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Originating Department Head: Steve Cooke (5134)
Additional Information Contact: Mark Brown (5197)
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ATTACHMENTS
M and C Map FWCC.pdf
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