HomeMy WebLinkAboutContract 36281-A2 CITY SECRETARY
CONTRACT NO.36281-A2
SECOND AMENDMENT TO OFFICE LEASE AGREEMENT
BY AND BETWEEN
SUNDANCE SQUARE PARTNERS,L.P.,
AND
THE CITY OF FORT WORTH,TEXAS
This Second Amendment to Office Lease Agreement("Second Amendment")is entered
into by and between SUNDANCE SQUARE PARTNERS, L.P., a Texas limited partnership
("Landlord"), and THE CITY OF FORT WORTH, TEXAS, a Texas home-ruled municipal
corporation("Tenant").
RECITALS
A. Pursuant to that certain Office Lease Agreement, City Secretary Contract No.
36821, ("Original Lease") dated February 4, 2008, by and between Landlord and Tenant, as
amended by that certain First Amendment to Office Lease Agreement dated as of February 20,
2017, City Secretary Contract No.36821-A1,(the"First Amendment",together with the Original
Lease,the"Lease"),Tenant leases from Landlord the approximately 19,804 square feet of Rentable
Area("Leased Premises")consisting of the entirety of the Press Building ("Building") located at
501 Jones Street on Block 88,Original City Addition to the City of Fort Worth,Tarrant County,
Texas;
B. Landlord and Tenant now desire to amend the Lease to,among other things,extend
the Term of the Lease,on the terms and conditions set forth in this Second Amendment.
AGREEMENT
In consideration of the mutual covenants set forth in this Second Amendment and other
good and valuable consideration,the receipt and sufficiency of which are acknowledged,Landlord
and Tenant agree as follows:
1. Renewal and Extension of Term. Section 2 of the Lease is amended to provide
that the Term of the Lease is extended for an additional sixty(60)months,commencing on May
1,2022 and expiring April 30,2027("Second Renewal Term").
2. Base Rent,Base Index,and Base Year.Base Rent for the Second Renewal Term
shall continue to be $15.00 per square foot of Rentable Area of the Leased Premises per year,
comprised of a "Fixed Rent Component" of$5.00 and a "Variable Maintenance Component" of
$10.00,which is subject to escalation as set forth in Section 4.13.of the Lease,with no change in
the Base Index or the Base Year;provided,however,the "Consumer Price Index" is amended to
mean the Consumer Price Index for All Urban Consumers for Dallas Fort Worth,Texas:All items,
published by the Bureau of Labor Statistics,United States Department of Labor.
3. No Tenant Improvements. Tenant accepts the Leased Premises for the Second
Renewal Term in its current"AS IS"condition with Landlord having no obligation to provide any
tenant improvements or any tenant improvement allowance.
4. No Brokers.Tenant represents and warrants that it has dealt with no broker,agent
or other person in connection with this Second Amendment. The provisions of this Paragraph 4
shall survive the expiration or earlier termination of the Lease.
5. Miscellaneous.Landlord and Tenant each represent and warrant that each has full
authority to execute this Second Amendment.All capitalized words not expressly defined in this
Second Amendment have the same meaning assigned to such corresponding defined terms in the
Lease.The paragraph headings in this Second Amendment are for convenience only and do not
modify,define,limit,or expand the express provisions of this Second Amendment.Except as
amended and supplemented by this Second Amendment, all of the terms and conditions of the
Lease are ratified and confirmed and remain in full force and effect. In the event of a discrepancy
or conflict between the terms and provisions of the Lease and this Second Amendment,the terms
and provisions of this Second Amendment control.
,. OFFICIAL RECORD
CITY SECRETARY
FT.WORTH,TX
Executed as of this 14`h day of JanuM ,2022.
LANDLORD:
SUNDANCE SQUARE PARTNERS,L.P.,
A Texas limited partnership
By: Vy A4��
Name: William V.Boecker
Title: Vice President
TENANT:
CITY OF FORT WORTH,TEXAS,
a Texas municipal corporation
Dana Su✓ghdaff
By; Dana Burghdoff an 14,2022 MI.CST)
Name: Dana Burghdoff
Title: Assistant City Manager
APPROVED AS TO FORM AND LEGALITY:
Thomas R.Hansen
Assistant City Attorney
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4y 00°FORr�aaa
P-0 �0 ATTEST:
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y�� Jan nette S.Goodall(Jan 18,202209:20 CST)
Oa °°°°°°°°° Jannette S.Goodall
aab nEXASo� City Secretary
M&C No.C-22441
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.
Lad'Guuu7irr buckeny
LaShanda Dockefy(Jan 14.2022 102 CSTI
LaShanda Dockery
Sr Planner
OFFICIAL RECORD
CITY SECRETARY
FT.WORTH,TX
2
3064520.v2
1/14/22, 12:42 PM M&C Review
Official site of the City of Fort Worth,Texas
CITY COUNCIL AGENDA FORTTII
COUNCIL ACTION: Approved on 10/9/2007
Create New From This M&C
DATE: 10/9/2007 REFERENCE NO.: **C-22441 LOG NAME: 35501 SJONES2
CODE: C TYPE: CONSENT PUBLIC HEARING: NO
SUBJECT. Authorize the City Manager to Execute a Lease Agreement with Sundance Square
Partners, L.P., for Office Space Located at 501 Jones Street for the Police Department
RECOMMENDATION:
It is recommended that the City Council authorize the City Manager to execute a lease agreement with
Sundance Square Partners, L.P., for approximately 19,804 square feet of office space at 501 Jones Street,
for the Police Department.
DISCUSSION:
The Engineering Department, Real Property Services Division, at the request of the Police Department, has
negotiated the lease of space to be used as a Divisional Headquarters.
City Council approved M&C G-15252, (June 20, 2006) authorizing the addition of one Captain position with
the intent of implementing a fifth Division. During fiscal year 2007, the Department began a search for a
suitable location to house the Division headquarters, which will include a Neighborhood Policing District, a
Criminal Investigations Unit, Neighborhood Police Officers, a Bike Unit, a Zero Tolerance Unit, and a Public
Health Department Outreach Unit. The location selected at 501 Jones Street best met the needs of the
Department and citizens.
The Agreement will begin the earlier of either the City's occupancy and readiness to conduct business or
February 1, 2008, for a term of ten years, with two five-year options to renew, with adjustments in the rent
for those renewal options. Rent for the first lease year is $297,060, or$24,755 per month for the space.
This cost is subject to review and adjustment on an annual basis based an a variable maintenance
component as specified under the terms of the lease agreement. The rent will include payment to the
landlord of all insurance premiums and property taxes assessed yearly during the lease term above the
base rate year of 2007,janitorial services and pest control costs. The staff at the direction of the City
Council is negotiating for a lease/option or first right of refusal provision in the agreement with lease
payments credit against any purchase price.
Upfront costs will include ITS expenses of approximately$293,547. All utilities are to be paid by the City of
Fort Worth. Sixty-five parking spaces are included in the agreement without cost to the City.
The Central Division headquarters is located in COUNCIL DISTRICT 9.
RENEWAL OPTIONS - This agreement may be renewed for up to two successive five-year terms at the
apps.cfwnet.org/council_packet/mc_review.asp?ID=8632&councildate=10/9/2007 1/2
1/14/22, 12:42 PM M&C Review
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 Fiscal Year 2007-2008 operating budget, as
appropriated, of the General Fund.
TO Fund/Account/Centers FROM Fund/Account/Centers
GG01 522500 0354110 $293,547.00
GG01 539120 0354110 $297,060.00
Submitted for City Manager's Office by_ Joe Paniagua (6575)
Originating Department Head: Ralph Mendoza (4210)
Additional Information Contact: Kara Shuror(4221)
ATTACHMENTS
apps.cfwnet.org/council_packet/mc_review.asp?ID=8632&counciidate=10/9/2007 2/2