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Home My WebLink AboutContract 53774-M1�1� ��CR�Ai��" :-_�� -�� . ., �_� "l 7 �# M f NUTICE OF C4NFIDENTYA,LITY RIGHTS: IF YOU ARE A NAT[]RAI. PERSON, YOU MAY REMOVE OR �TRIKE ANY OR ALL OF THE F4X,LOWING �NFORMATION F1tOM ANY TNSTRUMENT THAT TR.A.N�FER� AN INTEREST 1N REAL PROFERTY BEFORE TT IS FILED FOR ItECORD IN THE� PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DR�VER'S LICENSE NUMBERe MEMQRANDUM OF LEA�E THIS MEMORANDUM OF �,EA�E {"Memorandnm"} is made this �t�' day of May 2021, by and between tl-ie CITY OF FORT WORTH, a Texas horne-rule munieipal corporation organized under the laws of �he State of Te�tas ("Lessor") and AId CA �1 HANGAR LLC, a Te�as Iitxiited �iabiiity company ("Lessee"). , WITNESSETH: l. Lessor, as grounc! lessor, and Lessee, as ground Iessee, entered tnto ihat certain Ground Lease Agreement {as amended, the "Cnround Lease"} dated Apri� 2, 2020, whereby Lessor leased certain pr�mises to Less�e. Tk�e Ground Lease �ras first amended by Lessor and Lesse on ranuary 22, 202I, arnended a second time on April 15, 2021, and amended a third time on April 28, 2021. The Ground Lease covers certain premise,s located at ihe Fort Worth Meackzam International Airport ("Airport"} in ihe City o� For-t Worth, Tarrant County, Texas a�d legalIy descz-ibed in fihe clocument attached hereto as E�hibit A, �nrhich is expressIy made part of ihis Memorandum. The Lessor and Lessee hereby record this Mennorandum for the purpose of providing notice of the Ground Lease, the premises covered thereby and certain teraxzs thereof. Al� capitalized terms not otherwise defined herein shalI have tlae same meaning as set forth in the Grout�d Lease. � ��F�I�ie4� R��F�� Q�' S��R�YAR� 1 ;,� �l�R�l� � Memorandum of Laase , r �� 0 2. The contact information far the ground lessor under the Crround Lease is: CITY OF FORT WORTH, 20 Z Arnerican Concourse, Surte 330, Fort Warth, Texas 76106, Aitention: �viation Depari:ment. The contact informaiion for the ground �essee �nder the Ground Lease is as follows: AREA 51 HANGAR LLC, 4701 N. Main Street, Fort `Narth, Te�as 76106 Attention: Kenneth A. Broadie. 3. The term of the Graund Lea�e comznences Apri1 1, 2420, and expires on March 31, 2050. 4. The Ground Lease provides for earlier termination upon certain terms and conditions set forth therein and also contemplates thai ihe tarm may be extended for two (2) additianal succe�sive terrns of f ve {5) years each, subjeet to compliance wit�Z the conditians of the Agreem�nts. 5. The Ground Lease is incorporated herein by referenc� and is binding on Lessor and Lessee. In the event ofi any conflict between the terms of this Memorandum of Lea�e and tl-�e terms of the Ground Lease, the terms ofthe Ground Lease shai� contral. �Signaiure Pages Follow] 2 Memorandum afLease IN WITNESS WHEREOF, ihe Parties, intending to be 1egaIly bound, have executed this Memarandum of Lease on ihe date first written above, for the purpose of provzding an insirument for recording. Lessor: C�TY OF FQRT WORTH: By: .6 �'�?.��,� - ._, Fernand.o Cosia Assistant City Manager , Date: S"f'.��1�'��+' ...._ BEFORE ME, the �ndersigned authority, a Notary Public in and for tkze State of Texas, on this day personally appeared Fernand4 Costa, knovvn to me to be the person vc+hose name is subscribec� to the foregoing insiru.meni, and acknowledged to nne that the same was the act of the City of Fort Worth and that he execui�d the sajne as the act of the City of For� i�orth for the purposas and consideratioil therein expressed and in the capacity therein stated. GIVEN �`_ ';El.£NA ALA Notary Public, State ai Texas G��. ExP�r�s 63-31-2��4 NotarY �fl 13242252� APPROVED AS TO FORM SEAL O�' OFFICE, this � day of May 2021. AND LEGALI�'Y: . �. "' w A ..� � ._ ��.. / B'V. _ - ' . . _ -w— r Thomas Royce Hans�h' �� ' �- _ ��•i;�� Assistant City Attorney �'` ' `�- � � .: i ` �_ ,.. he , ,� ��C �- -��. oiazy Public in and for the State af Texas ATTEST: By' -�—;s� � l�/Iary .ir. �aysf City Secretary Contracf Corr�plianee Manager: By signing, I acknovv �-�,'ri�a��am ihe person responsible for the monitori�zg and administratian of this ----e�:c�ntract, inciu � su ng ali pe�f'ormanee and reportizig reguirements. __ .... .� - ..�. � � - ��— � '3$'ar ar Goodwin IteaI �roperty 11�Ian�ger �•—�� "�� Memorandum ofLeasa � ��9�� '� ��T�� S `�e ��T4�a `�� _ a� �i < -��.': �% �,' �_ �:. �` Lessee: ARFA 51 IIANGAR LLC, a Texas limiied �iability company J�L � �Kezaneth A. Broadie, Men�ber STATE OF TEXAS i!� • �►►:► BEFORE ME, the undersigned authoriiy, a Notary PubIic in and for the State of Texas, on this day personally appeared Kenn�th A. Broadie knawn to me to be �he persan vvhose name is subscrzbed to the foregoing insttuinent, and ac�nowledged ta me ihat the same was tIae act of AItEA 51 HANGAR LLC and that he executec� tI�e same as tIae act of AREA 51 I�ANGAlt LLC for the purposes and consideration therein expressed and in the capacity therein stated. �� GNEN UNDER MY HAND AND SEAL OF QFF�E, t�a� �� 2021. �-` � ,� , � �' � . f� . Notary Public in a or tlie ate of Texas ,e*`�r"nv�r, GAR71i D. Si-�IFLEY �°� e�= Notary PubEE�, 54�te crf 7exas =`�ti� �� Comm. Expires Qfi-i 7�2Q24 �vo9�o. e �}` After YecoYdittg reiu�n documenP to: °'a.�°;�ti+�` i�otary f� 5154735 Kenneth A. Broadie Area 51 Hangar LLC 4701 N. Main Sireet F�rt Worth, Texas 76106 Memorandum oiLease EXHIBIT A TO MEMORANDUM OF LEAS� BEING 79,181 SQUARE FEET OF LAND LOCATED IN THE S.A.&M.G.R.R. CO. SURVEY, ABSTRACT N4. 1464 AND TH� C. PUTNAM SURVEY, ABSTRACT NO. 1250, 1N THE CITY OF FORT WORTH, TARRANT COUNTY, TEXAS, AND BEING A PART OF LOT 1R, BLOCK 1, MEACHAM AIRPORT ADDITION, AN ADD�TXON TO THE CITY OF FORT VVORTH, TARRANT C4UNTY, T�XAS, ACC�RDING TO THE REPLAT THEREOF RECORDED 1N 1NSTRUMENT NO. D21622006Z, PLAT RECORDS, TARRANT C4UNTY, TEXAS (P.R.T.C.T.) AND BE1NG A PART OF LOT B-1, BLOCK 1, MEACHAM AIRPORT ADDITiON, AN ADD�TION TO THE CITY OF FORT W4RTH, TARRANT COUNTY, TEXAS, ACCORDING TO THE PLAT THEREQF RECORDED IN VOLT_TME A, PAGE 2445, �'.R.T.C.T. AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOI.JNDS AS FOLLOWS: BEGINNING IN THE WEST LTNE OF LEASE 40N AT MEACHAM AIRPQItT AT A 1/21NCH �RON ROD STAMPED "PACHECO AND KOCH" FOUND AT THE MOST �OUTHERLY SOUTHEAST CORNER O�' LEASE 44N AT MEACHAM AIRPORT FROM WH�CH TI�E MOST EASTERLY SOUTHEAST CORNER OF SAID LEASE 44N BEARS N�RTH 8Q° 14'35" EAST, A DISTANCE OF 272.3 i FEET; THENCE SOS° 5S` 17"E, ALONG SAID'4VEST LEAS� LINE, A DISTANCE OF I Z5.59 FEET, TO A POl'NT AT THE MO�T NORTHERLY NORTHWEST C�RNER OF LEASE 39N AT MEACIIAM AIRPORT; THENCE �1I,ONG THE NORTH LINE OF SAID LEASE 39N THE FOLLOWING THREE (3} COLTRSES AND DISTANCES: S81° 06' 10"W, A DISTANCE OF 111.09, �'EET TO A 5/8 INCH IRON ROD FQUND; S09° 29' 12"E, A DISTANCE OF 35.33 FEET TQ A 5/8 1NCH IRON ROD W�TH CAP STAMPED "SHIELD ENGINEERING" SET; S8 �° 09' 27"W, A DISTANCE OF 398.74 FEET TO A POINT AT THE NORTHWEST CORNER OF SAID LEASE 39N; THENCE N08° 46' 34"W, A DISTANCE OF 44.44 FEET TO A 5/8 INCH IRQN ROD WITH CAP STAMPED "SHIELD ENGINEERING" SET; THENCE S81° 13` 2b°V�, A D��TANCE OF 238.02 FEET TO A 5/8 INCH IRON ROD WITH CAP STAMPED "SH�ELD ENGINEERING" SET; Memorandum of Lease THENCE S48° 13' 26"W, A DISTANCE OF 26.25 FEET TO A 5/8 1NCH IRON ROD WITH CAP STAMPED "SH1rELD ENGINEERiNG" SET; THENCE NII° 3�' 15"W, ALONG A LINE 93.00 FEET �'ROM THE APPROXIMATE CENTERLINE OF A TAXIWAY, A DISTANCE OF 74.87 FEET TO A 5/S IlVCH IRON ROD WTTH CAP STAMPED "SH�ELD ENGINEERING" SET; THENCE S65° 46' 34"E, A DZSTANCE OF 30.27 FEET TO A 5/$ INCH IRON ROD WXTH CAP STAMPED "SHIELD ENGINEERING" SET; THENCE N81 ° i 3' 2b"E, A DISTANCE OF 138.02 FE�T TO A 5/$ INCH IRON ROD '�+VITH CAP STAMPED "SHIELD ENGINEERING" �ET; THENCE N08° 46' 34"W, A DISTANCE OF 66.78 FEET TO A 5/8 INCH ZRON ROD WITH CAP STAMPED "SHIELD �NGINEERING" SET; THENC� N& 1°� 0' 46"E, A DISTANCE O�' 99.43 FEET TO A POINT; THENC� SOS°44'32"E, A DISTANCE OF 21.68 FEET TO A POINT; THENCE N8i°09'17"E, A DZSTANCE OF 32.05 FEET TO A POINT; TI�ENCE N08°44'32"W, A DZSTANCE OF 21.67 FEET TO A POINT IN THE SOUTH LINE OF LEA�E 43N; � THENCE N81° 10' 46"E, WZTH THE SOUTH LiNE OF SAID LEASE �3N AND SAID 44N, A DZSTANCE OF 377.62 FEET : TO THE POINT OF BEGiNNING, CONTAINING 79,1 S 1 SQUARE FEET OR 1.818 ACRES, MORE OR LESS. Memorandum af Lease