Loading...
HomeMy WebLinkAboutContract 25809-A2 CITY SECREM ,R CONTRACT NO J 0 MODI FICATION OF LEASE AGREEMENT THE STATE OF TEXAS KNOW ALL BY THESE PRESENTS COUNTY OF TARRANT THAT this Modification of Lease Agreement is made and entered into between Basswood Crossing Limited Partnership, a Texas limited partnership ("Lessor") and the City of Fort Worth, a municipal corporation, acting by and through its duly authorized representatives ("Lessee") for an in consideration of One Dollar ($1.00) and other good and valuable consideration, receipt of which is hereby acknowledged. WITNESSETH 1. Lessor and Lessee acknowledge that certain Lease Agreement for office space dated April 28, 2000, City Secretary Contract No. 25809, and subsequent renewal of Lease letters for approximately 1,982 square feet of office space located at 4301 Basswood Boulevard, Suite 180, Fort Worth, Tarrant County, Texas 76104 (the Lease) will expire effective July 31, 2010. By execution of this Modification of Lease Agreement the parties hereto agree that the Lease is hereby extended pursuant to the terms therein except as modified herein. 2. Lessor and Lessee agree that effective August 1, 2010 the Lease shall be extended for a term of two (2)years and shall expire on July 31, 2012. 3. Lessor and Lessee agree that the base monthly rental rate for the first year of the renewal term will be $3,100, and that the base monthly rental rate for the second year of the renewal term will be $3,200. 4. Lessor agrees to waive the base rental for August 2010 and August 2011, and also agrees that Lessee may complete any of the repairs and improvements described on Exhibit A without the need for further Lessor consent. This provision shall not be interpreted as a requirement for Lessee to complete any or all of the repairs, and does not change any of Lessor's obligations under the Lease. 5. All other terms and conditions of the original Lease Agreement remain unchanged and in full force and effect. [REMAINDER OF PAGE IS INTENTIONALLY BLANK.] EXECUTED this _T day of , 20t 0. LESSOR: LESSEE: BASSWOOD CROSS CITY OF FORT WORTH LIMITED PARTNE By: By: Cencor Real ervic , I T.M. Higgins, YVWant City Manager B • au as S. Cott, ice President APPROVED AS TO FORM AND LEGALITY: r I Assistant City Attoni y Zp" IFOAr ATTEST: AV 0000000 0 0. am* ()Q ox 0� d City Secret i�� cp 0 " Q 011 M & C Dumber: L 1,504 �ix Date: 141 io Exhibit A 1. Replace all carpeting and the in the Leased Premises with products chosen by Lessee. 2. Repaint interior of Leased Premises with a color to be approved by Lessee. 3. Construct a partition wall with a door to divide the roll call room from the entry area. 4. Construct walls with a door for use as an interview room, as shown on drawing attached hereto. 5. Install air return vent in the Property Crimes Unit (PCU) Office. City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/14/2010 DATE: Tuesday, September 14, 2010 REFERENCE NO.: **L-15048 LOG NAME: 17BASSWOOD SUBJECT: Authorize a Lease Modification and Extension Agreement with Basswood Crossing Limited Partnership for Office Space at 4301 Basswood Boulevard, Suite 180 for the Police Department(COUNCIL DISTRICT 4) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to execute a lease modification and extension for office space located at 4301 Basswood Boulevard, Suite 180 with Basswood Crossing Limited Partnership at a cost of $3,100.00 per month for the first year of the term and$3,200.00 per month for the second year of the term, with one month of abated rent each year;and 2.Approve the lease term of two—years effective August 1,2010 and expiring on July 31,2012. DISCUSSION: The Housing and Economic Development Department,Real Property Services Division, at the request of the Police Department,has negotiated a lease agreement extension and modification with Basswood Crossing Limited Partnership for approximately 1,982 square feet of office space. The lease term is for two years. The monthly rental rate will be $3,100 per month for the first year and$3,200 per month for the second year.The landlord will abate rent in August 2010 and August 2011.The City of Fort Worth is responsible for the payment of all utility costs and telephone service.The City has leased this space since July 2000. This property is located in COUNCIL DISTRICT 4. FISCAL INFORMATION: The Financial Management Services Director certifies that funds are available in current operating budget,as appropriated, of the Crime Control and Prevention District Fund. FUND CENTERS: TO un AcC ntlCenters GR79 539120 41 $34,100.00 -CERTIFICAIIO • Submiftted for i M n Office Thomas Higgins (5140) Qrigin to inQ Dg„nartment Head: Jay Chapa (6192) Additional Inf rm • Cynthia Garcia (8187) Robin Bentley (7315) ATTACHMENTS 1.coLyearalLoc.ndf 2. fundingrverifcation.pdf