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HomeMy WebLinkAboutContract 28009�...- .. �. ' FIItST AI�rYEND11+iENT TO ROOFTOP SPACE L�CENSE CI�'Y ��C�i�%4RY � CONiRACi �t� . _ . �cl. _'Tiris First .4�nendmecYt tfl Ron#iap Space License (the "First Amendment'� is entered in.to as af the 1'� day af ';� ��•� �, 20D2, by and beiween Burnett P1aza Associates, a Te�cas joint ventuze ("Lice�sor") and City of Fort Worth ("Licensee"}. WITI�ESSETH; WHEREAS, an or about March 31, 2002, Licensor and Licensee entered inio that certain Rooftvp Space License ("License'� for nse of (i) eleven {ll) a�esma. moux�s £or a�0 channel 8Q0 nnhz tan,wked radio system, and (ii) 65 footprint�s for radio cabinets (collectively, the °`Equipnaemt Sgace'�, located on the roof of the b�ildi.ng commnnly lrnown as Burnett Plaza iucated i,n Fort Worth, Texas (the "Building"� which by tbis referenced the Lice�ase is incarporated herein for all purposes. - ; WHEREAS, Licensor and Licensee �esire to extend the Terrn of the License thmugh the pear�� cnding on Uctober 31, 2D0'�. N4W, THEREFORE, for and in considerativn of tl�e xnutual terms and con,ditions expressed herein and �or other good and valual�le consideratioq the parties hereto hereby agree as fallaws: 1. The Term is hereby e�tended from the periorl ending oa Uctober 3 i, 2002 through the periad endiing on Ocfober 31, 2U07 (the "Exte�si�on Term"). AlX references in the License to the expiration of the Term or the e�piration date shall be deamed to ref�r to the Exte�csicm T�n ending on Uctober 31, 2007. 2. Effective November 1, 2U(32, the License Fee shall be $I3,500.OQ per month. EffecLtve November lst of each yeax thereaft�r thro�rgh the expiration oi the Extension Taxm., the License Fce sl�all ba iucreased by three percent (3%) per annwn. �Pa.ragiaph 2 of the License is amended to dele� a1t references to� CPI and �.djustments ta i�he Lic�nse Fee. Licensee sha11 pay utility costs during the Extension Term pursuant tv paragraph 2 o�#he L'zcense. 3. Fursuant ta ParagraPh 3 of the License, Li �censee, before �ercising this elciension option, has one (1) re�ining e�tension aption exercisable upon t�welve (I2) montlas written notice delivered to Licensor prior to the expiration of the E�cterision Term. 4. Paragraph 10 of the License is amended f.o pravide thai Licensor's address �Foar natices is as follows: Burnet� Plaza Assacia#�es Wi#h a copy to: 3890 V�. Narthwest Highway, Suite �400 SOl Ch�rry Street, Suite 2355 Dallas, Texas '�5220 Fort Worth, Texas 76102 Attn: 'Th�onnas �. Augus� Attn: Property Man�ag�r 5. �'ara.�raph 3("Licensee's Right to Termin�.te") shall co�in�e to apply through tl�e expira.tion of the E�nsion Te�n. �m-a2v�,a�S�i-c�y �ao�r w�►.�,a , � �5���;1�4 �b =;��� '�'.��� � ; . � ; ;. ��;i�,,����, _ � �ti ��C�� 6. All rem ��g terms of the License s� remain in :Full force and effect drxring the First Extension Term. 7. All capitalized terms used he�in, and xs�t atherwise defined herein sha11 have the meanings ascribed to said tern�s im the License. 8. The License, as arnended herein and as pre�iously arnended, is hereby ratified and confi�ned anc� sha[1 contuaue in► full force and effect throughout the Extension Term. IN WXTNES5 'WHEREUF, fi,he parties have executed this First Amendment effect'rve as of the date first sei forth abo�e. LANDLORD: BURNETT PLAZA ASSQC�ATES, ' ` �; a Texas joint ventare � 'S; ,� By: Pren�aiss Propertii�es Acquisition Partners, L.P., a Delaware limited partnership By: Prentiss Prnperties I, Inc., a Delaware carpoxation, general� er �'.� .,. _ _ . � �, 1! By� _ � � . Nanne: 1���1_ ��i�f�� Tit1e: \'ic�--��nt �� �9 � � �- By: � -�=� "��"� � Name: 'y '��r ���er M. liipps � -- % Title: � t�� I�ie,� Presiderl# y_�.1�-�I�1�9 C�TY OF FQRT WORTH By: 7� ., ��+ Name: �,�,� I-� c�t . 13 es�g�.4.1 Title: �e c-� .. �� ��► v+vla.�ae�,@r � m�-c ��� �. _ Contract Authozi�at�on lla�e 7�CD-421Amend's11=City ofFark Worth.Amd � F� ATTEST: ��r✓ ity Secreta� Ag�rroved as to Form and Legality: �� City A ix�.ey Date: � S', �� _ _.- � ,ir''' - �J�" ' -1,� i."''I�'� . - ��. �