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LEASE TERMINATI01�1 AGREEMEN�i'"�N����� � • -
(CITY SECRETARY CONTRACT NO. 1319'�
This LEASE TERMINATION AGREEMENT {"Agreement") is made and
entered into by and between ihe CITY OF FORT WORTH ("Les�or"), a home rule
rnunicipal corporation arganized under the laws of the State o�' Texas, acting hy and
through Marc Qtt, its du�y authorized Assistant City Manager, and SAI�TDPIPER
AIRPORT I1�TN, WC. ("Lessee"), a Texas corporation acting by and through Don
Hansen, its duly authorized President.
Recitals
The following statements axe true and corrcct and %rm the basis upon which tbe ,.
parties hav� entered inio this Agreement:
A. On September $, 1999, Lessor and Lessee entered into City Secretary Contract
(i�C�C") No. 25212, as later amended by CSC Nos. 26073 and 27689 (collectively, �he
"New Lease"), a lease of raa� properGy at Fart Warth Meacham International Airport
("Airport"} known as Lease Site 1-S. This pxoperty was the amalgamation nf various
tracts vf land that had previously been leased by Lessea, or various assignors to ar
assignees of, Lessee. The parties coxnmissioned a new survey of those various tracts and
those various tracts were colleciively raferred to as Lease Site 1-S in that survey.
B. One of the intentions of ihe parties in entering into the New Lease was to
termTnate the previous leases of the various tracts af land comprising Lease Site 1-S so
that all those tracts would be governed by on� single, uniform lease. As a result, Seciion
1 of CSC No. 25212 provided that CSC No. 7920, as amended by CSC Nos, 8317, 8�19,
8606, 1�079, I.1Q80, 13190, 17320 and 17328, and assigned by CSC No. 1.8968, would
simultaneausly.be tezminat�d upon execution of the New Lease.
C. Lessor a.�d Lessee previously entez�ed inta. CSC No. 1-3197, as amended by CS.0
No. � 17326 and assigned pursuant to C�C Na 18958, a�ease o� real property at the
Airport �own at the tim� , as Location 1-C. Thi� property was included in �he new
survey of Lease Site 1-S and was l�ascd to Lessee under the New Lease. However, the
New L�;ase did not provide for tern7ination of CSC No. 13197, as amended and assign�d,
as zt should have. In order to correct this enror, the parties wish to acknowl.edge
termination of CSC No. 1319'7, as amended and assigned, in accordance wixlx the terms
and condi�ions of this Agreement.
A�reement
NOW, THEREFORE, in consideration of the mutual covenants, promises and
obligations contained herein, ihe pa.rties agree as follows:
Page I
Termination Agreement re: CSC No. 13197
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1. CSC No. 13197, as amended and assigned, is hereby terminated effec�ive
S�ptember 8, 1999, which was the effec#ive date of the New Lease. HQwever, such
terminaiion shall not canstitute (i) a release by one party of any liability accruing or
ob�igation to indemnify under CSC No. 13197, as am�nd�d and assigned, or (ii) a waaiver
of o�e party ta enforce any �anperformed duties or obligations afth.e other under CSC No.
13147, as amended and assigned. Section 22 of CSC No. 13197 shall specifically survive
termination.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement in
m.ul�.ples as of the last date set forth below, but to be effec�ive as of ��ptemb�r 8, 1999:
CITY aF FQRT �VORTH�
ATTES'�: _.. _
By.�1Vlarc O ` By. uloria Pea��on ��_ µ-
Asszst - t City Manager City Secretary
Date:
APPROVED AS TO FORh�I AND LEGALITY:
. ,
By' . .;
Peter Vaky
Assis-�an� Caty Attoru�y
M&C:�,, �.�,� t:.. _ _ .
�,�',
SANDPIPER AIRPORT TNN, INC.,
a Texas corparation:
,
By: �..r.. � ., � , . _
Don E, Hansen
President
Date:
Page 2
Termi��ation Agreeznent ze: CSC No. 13197
ATTEST:
By. � � ,, + � ,�.�N ��:�
�
STATE OF TEXAS
COUNTY OF TARRANT
BEFORE ME, Chc undersigned authority, a Notary Public in and for the State of
Texas, on this day personally appea.red Marc Ott, known to me to be the persan whose
name is subscribed to the foregaing instrument, and acl�awledged to rne that the same was
the act o�the City nf Fo� Worth and that he eacecuted the same as the act of the City a�
Fort Worth for the puxposes and consideration iherein expressed and in the capacity therein
5t�t�a.
�. GNEN UNDER MY HAI�TD AN]7 SE.AL OF OFFICE this �� day of
.J�n�►r� . �2. aoo3 .
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���' � `''�� Ncar r: . l�ubite, Si�at�a of Texas
s,�,�,:��,: t•ts� �;c�m�n�ian �tres Notary Public in and for the S�e of Texas
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STATE OF TEXAS
COUNTY OF TARRANT
BEFORE ME, the undersigned authority, a Notaxy Public in and for the State of
Texas, on this day personally appeared Don E. Hansen, la�own to me to be the person
whose name is subscribed to the foregoing instr�xment, and acknowledged ta me that the
same was the act of the Sandpiper Airport Inn, Inc. and fhat he executed the s�ne as the
act of Sandpiper Airport Tnn, Inc. for the purpases and consideration therein expressed
and in the ca.pacity therein stated.
` GIVEN UNDER MY HAND AND SEA.L OF OFFZCE this ���"� day of
� ��,,,r, � , 2002.
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Nofiary Public in and for the State oi T�xas
Page 3
Termination Agreement re: C5C No, 13197