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HomeMy WebLinkAboutResolution Fort Worth Local Development Corporation (FWLDC) FWLDC-2017-02RESOLUTION NO. FWLDC-2017-02 FORT WORTH LOCAL DEVELOPMENT CORPORATION RESOLUTION OF THE BOARD OF TRUSTEES Authorizing an Amendment to the Lease Agreement with Anchor Fabrication, Inc. for Property Located at 4600 Blue Mound Road, a 224,800 Square Foot Industrial Facility WHEREAS, on December 4, 2015, the Fort Worth Local Development Corporation ("Corporation") entered into a lease ("Lease") with Anchor Fabrication, Inc., a Texas limited liability company, ("Lessee") for the Property located at 4600 Blue Mound Road, Fort Worth, Texas 76106 ("property"); and WHEREAS, Corporation and Lessee mutually desire to amend the Lease to revise the Commencement Date and include a Right of First Refusal NOW, THEREFORE, BE IT RESOLVED that the Corporation hereby authorizes an amendment to the lease with Anchor Fabrication, Inc. that includes the following Lease Terms: (1) The Commencement Date shall be July 1, 2017. (2) Critical Tenant Improvements shall be completed by December 31, 2017 FURTHER RESOLVED, that the Secretary or any Assistant Secretary of the Corporation is hereby authorized and directed to certify the adoption of this Resolution. Adopted this,11" day of March, 2017 LOW