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HomeMy WebLinkAboutContract 25158 CONTRACRT�N® Y'. CONSENT TO ASSIGNMENT OF CONSENT AGREEMENT STATE OF TEXAS KNOW ALL PERSONS BY THESE PRESENTS: COUNTY OF TARRANT THIS CONSENT TO ASSIGNMENT OF CONSENT AGREEMENT ("Consent") is given to be effective as of August 28, 1999("Effective Date"),by the City of Fort Worth, a municipal corporation of Tarrant County, Texas("City"),subject to the matters set forth below. RECITALS : A. The City and Worthington Operating Co., a Texas corporation ("WOC"), as Grantee, entered into that certain Consent Agreement (City Secretary Contract No. 23286), dated November 10, 1997, and recorded November 14, 1997, in Volume 12979, Page 131, of the Deed Records of Tarrant County, Texas ("Agreement"), concerning certain real property and improvements commonly known as The Worthington Hotel("Hotel"),200 Main Street,Fort Worth,Texas. B. WOC is the Manager of the Hotel on behalf of the owner, Center Hotel Co., a Texas general partnership("Center"). C. WOC has informed the City that Center intends to sell the Hotel to Ren Worthington, LLC, a Delaware limited liability company("Ren"), as of the Effective Date, and has requested that the City consent to the assignment of the Agreement in connection with such sale,which the City is willing to do in accordance with the terms and conditions set forth below. CONSENT: NOW, THEREFORE, in accordance with Section 18 of the Agreement, the City consents to WOC's assignment of its rights and obligations as Grantee under the Agreement to Center and to Center's subsequent assignment of its rights and obligations as Grantee under the Agreement to Ren as of the Effective Date,PROVIDED THAT the assignee agrees to assume all liabilities and obligations of Grantee under the Agreement and agrees to perform all obligations of Grantee under the Agreement which are to be performed or which become due. EXECUTED to be effective as of August 28, 1999. A7'1EST: CITY WOR&� FO a mu Uipal oratio Tarrant County,Texas Jvv By: _Z dity Secreiar�—------ Name: me-12L– Title: APPROVED AS TO FORM r ] AND LEGALITY: �KE �o Contract Authori ation A!r3+, City Attorney Date 364933_1.DOC 1 (0-,RUA Eltlg;ko ED CNN RCIIRI Ply If o woo IETHP UtSWo STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me on the 1,!Z!� ay of August, 1999, by Mlg -, jZ CC—.� , known tome to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed,as the act and deed of the City of Fort Worth, and in the capacity therein stated. [seal] .0 a D 4P °v SARAH JANE ODLL ry Public, Stat of exas NaY�RY PUBLIC State of Texas My commission expires: I '-�..�-�j(,�- !'% Comm. Exp.01-29-2002 364933 I.DOC 2 KELLY, HART & HALLMAN (A PROFESSIONAL CORPORATION) ATTORNEYS AT LAW 201 MAIN STRtET,SUITE 2500 FORT WORTH,TEXAS 76102 TELEPHONE(817)332-2500 301 CONGRESS,SUITE 2000 TELECOPY(817)878-9280 August 13, 1999 AUSTIN,TEXAS 78701 WRITER'S DIRECT DIAL NUMBER TELEPHONE(512)495-6400 (817) 878-3589 TELECOPY(512)495-6401 VIA HAND DELIVERY Mr. David Yett City Attorney's Office City of Fort Worth 1000 Throckmorton Fort Worth, TX 76102 Re: Center Hotel Co./ Sale of Worthington Hotel/ Consent to Assignment of Consent Agreement Dear David: As we discussed on the telephone, I have enclosed an original copy of the Consent to Assignment of the 1997 Consent Agreement from the City concerning canopies and seating at The Worthington Hotel. After you have had the Consent to Assignment signed and notarized, please call.me and I will send a runner to pick it up. If you want to send the signed amendment to the "big" Consent Agreement via the same runner, that would be fine. Thank you for your assistance. truly yours, Alan D. Hegi ADH/me Enclosure cc: Patricia F. Meadows (w/encl.) 364962-1