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HomeMy WebLinkAbout(0046) M&C 22-0030City of Fort Worth, Texas Mayor and Council Communication DATE: 01/11/22 M&C FILE NUMBER: M&C 22-0030 LOG NAME: 21 FWPD 5300 SUN VALLEY SUBJECT (CD 5) Authorize Execution of a Lease Agreement with Sun Valley Properties, LP for Approximately 7,494 Square Feet of Space Located at 5300 Sun Valley Drive, Fort Worth, Texas, 76119 to be Used as a Storefront and Storage by the Fort Worth Police Department RECOMMENDATION: It is recommended that the City Council authorize the execution of a lease agreement with Sun Valley Properties, LP for approximately 7,494 square feet of space located at 5300 Sun Valley Drive, Fort Worth, Texas, 76119 to be used for storage and as a storefront by the Fort Worth Police Department. DISCUSSION: The Fort Worth Police Department (FWPD) has identified approximately 7,494 square feet of space located at 5300 Sun Valley Drive, Fort Worth, Texas, 76119 (Premises) to be used as a FWPD storefront. The landlord, Sun Valley Properties, LP, (Sun Valley) has agreed to charge no rent in return for the FWPD presence at the Premises and there shall be no obligation of any City of Fort Worth funds. The City of Fort Worth and Sun Valley are currently parties to a month to month Lease Agreement (City Secretary Contract No. 56555) for the Premises, executed on October 27, 2021. The City of Fort Worth and Sun Valley have agreed to enter into a longer term lease agreement to reflect a desire by both parties to ensure FWPD can remain in the space for an extended period of time. This lease will commence upon the date of execution and will be set to expire on September 30, 2022, but will include four (4) successive one-year automatic renewal terms which would expire on September 30, 2026. The month to month lease (CSC 65555) shall terminate upon the execution of this longer term lease agreement. This property is located in COUNCIL DISTRICT 5. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that approval of the recommendation will have no material effect on City funds. Submitted for City Manager's Office by. Dana Burghdoff 8018 Originating Business Unit Head: Steve Cooke 5134 Additional Information Contact: Marilyn Schoening 7581 Mark Brown 5197