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Home My WebLink AboutContract 28578....-� {��'� ��:�� CQNTRA�i k� e FORT W�R7H INT�RN147�ONAL C�NTE,R OFFICE L�ASE CONTRACT THIS LEASE CON7RAC7 ("Lease"), entered into by and between 7he City ofi Fort Worth (°�r.�!�r�";, ��a.ur�ici�al c-s�r�?t-�?,� �tir;� h�� and through its dufy authorized assistani City Manger and Vl+�rld A�ffa�r� �ou�cil �f �reater �ort UVort� {"7enant"). 7�e kerm "Landlord" shali include the agents, representatives, and employees of Lessor. The term "Tenant" shall include the agents, representatives and emplayees af Lessee. PRE�IS�S 1. l.andlord hareby leases ta Tenant and Tenant hereby leases from Landlord approximately 219 square feet designated as Suite "S" in the building known as the BAK�R BUILDING ("Building") lacated at 110 West Seventh Street, Fort Worth, Tex�s. The area hereby leased i� the Building is herein�fter callsd "Leased Premises" and is shown outlined and hatched on the floor plan drawing designated Exhibit "A" at�ached hereto and incorporated by reference. T�Rfl1Y IinASi�� L�AS� �OR OFFIC� SPAC� US€ OF PR�MIS�S 2. 5ubj�ct to Ter�ant's specific option to terminate this lease as stated in Paragraph 1�, tf�e term of this Lease (°�erm") shall be a period of three (3) months, commencing Apri! 1, 2003 and terminating June 30, 2003. 3. Tenant understands ihat Landlord is subleasing the l.eased Premises to `�enant and that Landlord is leasing the Leased Premises from F. W. �aker Building, L. P. ('Baker") under a Masfier Lease ("Masfer Lease"}. 4, A. Lessee shall use the Leased Premises to engage in: (a) counseling in Interna�ional Trade, "counse�ing" includes marketing, or locating outleks ta sell foreign goods ar services; or (b} developing international marke#s; or (c) dsvelaping relati�nships between Fart Worth and ather international cities B. Failure to use the L�ased Premises as stated above, as determined by the sole discretion of Landlord, st�all resuft in termination of this Lease as provided in section 16. C. Lessee may not use the Leased Pr�mises for any activity of a hazardous or high-risk natur� thak would endanger property or human safety. Lessee wiil take measures to guard against any condition at the Leased Premises of a hazardous ar hig1�-risk nature that would endanger property ar human safety. C:1Documents and Settingslthompsc.CFWlDeskto�12003 $UBLEAS�SIWAC LEASE, APRIL, �Q�� i�� _ �.., ► � �� Y��. i � R�N�' S. As base rental for ti�e lease ar�d use of khe Leased Premises ("Base Rent"), Tenant will pay Landlord or Landlard's assigns, at 7� 1 Houstan Street, Fort Worth, Texas, withouf demand and without deduction, abakement or setoff (except as otherwise expressly provided for herein}, the sum of Sixteen []ollars ($16.00} per square foot per year payable rnonthly oi $292.00 on the firsi day of each calendar month, for each and ��ery month in the Terrri. lf #he Term does not commence o� the firs# day of a calendar rrzonth, 7enant will pay in advance a pro rata part of sucfi� sum as Base Rent for such first partial month. R��AII� AN� ii�AINTENANCE FIR� OR OTH�R CASUA�TY 6. Tenant shall keep the Leased l'remises including all fixtures instafled by Tenant in good and tenantable condition. In addition, Tenant shall pay khe cosf af repair and r�placement due to damage or injury dane ko fhe Building {other than the L.eased Pr�mis�s) or any part thereof by Tenant or Tenant's agents, employees, co�tracfors, licensees or invitees. 5uch amount shall 6e paid by 7enant to Landlord upo� demand, plus interest therean, as provided in this Lease, from der�and until payment. llpon termination of this Lease, Tenant wifl surrender and deliver up the Leased Premises to Landlord in the same conditian in which fhey existed at the commencement of the Lease, excepting only ordinary wear and tear and damage arising from any cause reqUired hereunder to be repairad at Landlord's exPense. 7. A. lf at any time during the Term, the Leased Premises or any portion of fhe BUilding or Common Area (as hereinaf�er defined) shall be damaged ar destroyed by fire or other casualty, 7enank understands t�at under the Master Lease, Baker has the el�ckian to terminate the Masfer l.ease within 120 days from the occurrence of such casualty ar to repair and reconstruct t�e Building to substantiatly the same condition in which khey existed immediately prior ta such damage or destructian, and that Balcer is not required to repair or recanstruct any persanai property, furniture, trade fixtures or office equipment which is located in the Leased Premises and removable by Tenant under the provisions of fhis Leas�. If Baker terminates t�e Master Lease because of fire or other casualty, this Lease shall automafically terminate. B. In any of the aforesaid circumstances, Rent shall abate proportionally during the period and ta the extenk that the Leased Premises are unfit for use by T�nant in the ordinary conduct of its business. If �aker has elected to repair and restore the Leased Premises ta the extenk stated above, Lessee may terminate this lease or conkinue the �.ease. In the event #hat ihis Lease is terminated as herein permit�ed, Landlord shall refund to Tenant any prepaid Rent (unaccrued as vf fihe date of damage ar destructian) prov9ded Tenant is m compliance with this lease hereunder less any sum owing Landlord by Tenant. !f Landlord has elected to repair and reconstruct the Leased Premises to the extent skated above, then t�e Term s�ral{ be extended by a period af time equal to the period of such repair and reconstructian. C:1Dacvinents and Set�ingslthompsaCFWlDesktop120D3 SCJBLEASESIWAC LEASE, APRiL, 2 O�.�w� J�`�'�� 2 - - �ii] �� . �:� ��i��, ��}�� C. Notwithstanding the pro�isions af 5u6paragraphs A. and B. of this Paragraph 7, if the Leased Premises ar any other portion of the Building is damaged by fire or other casualty resulting from the fault ar negligence of Tenant or any of Tenant`s agents, emplQyees, contractors, licensees ar invitees, the Rent hereunder shall not be diminished dur+ng the repair of such damage and 7enant shall be liable to Landlard for the cosi and expense af the re�air and restoration af the Leased Premises or the Building caused thereby ta the extent such cost and expense is not covered by insurance proceeds. COIIl�P�IANC€ 18idITH �AWS AND USAGC 8. Tenan�, at its owr� expense, will promptly compiy with al{ federal, state, municipal and ather laws, ardinances, rules and regulations applicable to the Leased Premises and the business conducted therein by Tenant. RND�MNl7Y 9, T�NANT AGRE�S TO l�iD�MNIFY, D�F�N� AND SAVE HARML�SS LAN�LORD AND !TS �MPLOY�ES (COLL�CTIVELY "1lVDEMNITEES") FROM AND AGAINST ANY AND ALL �IA�1LiTIES, DAMAG�S, CLAlMS, SUITS, CQSTS (INCLUDING COURT COSTS, ATTORNEYS' FEES, AND CDSTS OF INVESTIGATION) OF ANY NATURE, KWD OR bESCRIPTION OF Af�Y P�RSON OR �N�ITY, DIRECTLY OR iNbIRECTLY ARISING OIJT OF, CAUS�D BY; OR RESUL�'ING F'ROM (IN WNOLE 4R IN PART): {i) TH� USE AND OCCUPATION OF THE LEAS�b PR�MIS�S, (ii) ANY AC7 OR OCCURRENCE ON THE LEASE� PREMISES, OR ANY pART �"HEREOF, (iii) THiS LEAS� OR 7H� P�R�'ORMANCE SY TENAIVT OF ITS OBLIGATIONS �IEREiJiVDER OR (iv) ANY ACT OR OMiSSION ON TME PART OF TENANT OR ANY iNVITEE, �10ENS��, �MPLQYEE, QIRECTOR, OFFIGER, SERVANT, CONTRACTOR, SUBCONTRACTOR OR TENANT O� TENANT OCCURRING ON, 1N, OI� ABOU7 THE L�ASED PREMISES OR THE BUILDING (TH� ABOV� H�R�INA��ER COLLECTIVELY REFERRED TO AS "CLAIMS"), EXC�PT TO TH� �XT�NT 7HAT SUCH CLAIMS ARISE FROM �R AR� A7TRIBU7�D TO TN� C�NCURRENT NEGLIGENC�, SOL� N�GLIG�NC� ANDIOR STRICT LIABILITY OF ANY OF TME INbEMN[7�ES. I� ANY AC7lON OR PROCEEDlNG SHAI.I� B� BROUGHT BY OR AGAlNST ANY INp�MiVIT�� IN CONNECTION WITH ANY SUCH LIASILITY OR CLAIMS, TENANT, ON NOTtCE FROM L,ANDL�RD, SMALL DEFEND SUCH AC710N OR PROCEEDING, AT T�NANT'S �XP�NSE, BY OR THROUGM ATTORNEYS R�A50NABLY SATISFACTORY TO LANDLORD. THE PI�OVISiONS OF TH1S PARAGRAPH SNALL. APPLY TO ALL ACTIVITIES OF TENANT WITN R�SP�CT TO THE LEASED PREMISES OR BUILDING, WW�THER OCCI�RRING BEFORE QR AFTER THE COMMEfVCEMENT DATE O� THE TERM AND BEFORE OR AFTER THE EXPIRATION OR TERMINATION OF TH15 LEASE. TENANT'S OBLIGATIONS UNDER THIS PARAGRA�H SHALL NOT BE LIMITED TO THE LIMITS OR COVERAGE OF' INSURANC� MAINTAINED OR REQUIRED TO BE MAINTAWED BY TENAN7 UIVD�R TH1S LEASE. C:1Documents and Settingslthompsc.CFWIDeslctop12003 SUBI.EAS�SIWAC LBASE, APR1L, 2�fQ:��.�p� 3 � .U_ va� � � �...; � �, zr�:,� �� '��n� �� WAIVER OF LIABIL1iY V4lAIVFR O� SUBROGATION AD�[�IONS AN� FIXTlJR�S 1�. NO II�DEMNfTEE SHALL BE LIABLE IiV ANY MANNER TQ TENANT OR ANY OTMER PARTY F�R ANY INJURY TO OR DEATH OF P�RS�NS OR FOR ANY LOSS OF OR DAMAGE TO PROPERTY OF TENANT, ITS EM�LOYEES, AG�NTS, C�STOMERS, INVITEES, OR TO DTHERS, REGARDLESS OF WHETHER SUCH PROP�RTY IS ENTRUSTED TO EMPLDY�ES OF THE BU{1,DING, OR SUCH LOSS OR DAMAGE fS OCCA510NED BY CAS�ALTY, TH�FT, OR A�IY OTHER CAUSE OF WHAT50EV�R NATURE. EXCEPT TO THE EXTEI�T THAT SUCH INJURY, LOSS �R DAMAGE IS CAUSED 1!V WMOLE OR IIV PART BY THE NEGL[GE�ICE OF ANY INDEMI�ITEES, lN NO EVENT SF�ALL AI�Y kN�EM�VITEE B� LIABLE I�! ANY MANNER TO TENANT OR ANY OTHER PARTY AS THE RESULT OF TNE ACTS OR OMISSIONS OF TENANT, ITS AGEN7S, EMPLOYEES, CONTRACTORS OR ANY OTHER 7�NANT O� T�i� BUILf7lNG, ALL P�RSONAL PRO�ERiY UPON TH� L�AS�D FR�MISES SHAI.I. BE AT THE RISK OF TENANT ONLY AN� IVp INDEMNITEES SHALL BE L[ABLE FOR ANY DAMAGE TH�RETO OR THEFT TMEREOF, EKCEPT TO THE EXTENT THAT SUCH DAMAGE OR TFiEF�' IS CAIJSED IN WHOLE OR IN PART BY THE lVEGLIGENGE OF ANY IND�MNIT�E. 11. TO THE EXTENT TENANT CH�OS�S TO INSUR� 7H{S PROP�RTY, TENANT SHALL REQUIRE I7S INSURANC� CARRI�R TO EI�pORS� ALl. APPLICABLE POLIC��S WAIVING 7H� CARR[ER'S RlGHT OF E1ND�R SIJBROGATlO�[ OR OTH�RWIS� IN FAVOR O� ANY 1NDEMNIT�� AND PROVIDE A C�RTIFICATE OF INSURANCE V�RIFYiNG THIS WAIV�R. 12. A. 7enant will make �o alteration, change, improvement, repair, replacemenf or addikian to the Leased Prem9ses without the prior written consent of Landlord, If Landlord grants such priar written consent, the work in such connection shali be at Tenant's �xpsnse but by workmen of Landlord or work�nen and contracfors appra�ed in advance in writing by Landlord and in a manner and upon terms and conditions and at times satisfackary to and approved in advance in writing by Landlord. B. Tenant may remo�e its trade fixtures, office supplies arid movable office furniture and eq�ipment not attached ta the Building provided: (1} such removal is made prior to the terminafion of the Term; (2) Tenant is not in defaul� of any obligaiion or co�enant under this Lease at the time of such rem��al; and (3} l'enant promptly repairs all damage caused by such removal. All ot�er property at the Leased Pre�nises and any alteratian or addifion to the Leased Premises {including waif-to-wall carpeting, paneling or other wall covering) and any ofher articl� attached ar affixed to the floor, wall or ceiling of the Leased Prem�ses (any of which as stated aba�e sf�all require Landlord's prior written consent) shall become the praperty of �andlord and shalf remain upor� and be surrendered with the Leased Premises as part thereof ak the termination of this Lease, Tenant hereby waiving ail rights to any payment ar compensation therefor. If, howevar, L.andlord sa re�uests in writmg, Tenant will, prior ta terminatia� of this Lease, remove any and all alterations, additions, fixtures, equipmenf and property placed or installed by it or a# its request in the L�ased Premises and will repair any damage caused by such removai, ;��v'�� C:IDacuments and Settingslil�ompsc.CFWlDesktop12003 SUBLEASESIWAC LEAS�, APRIL, 0[�xaw� � 4 ' '�� " �� , ��, A551CNl�VEPlT AND SUB��TTING C€PT,41N COV�N�4AIT5 OF T�Ni43dT ACCESS BY LANDLORD 13. Neikher Tenant no� Tenant's legal rep�esenfatives or successors in interest by operation of law or otherwise shall assign ihis l.ease or sublease the Leased Premises or any part thereoi or martgage, pledge, or hypothecake its leasehold interest or grant any concession or license within the Leased Premises and any attempt by Tenant to do so shall be an �vent of Default (as he�einafter defined) hereunder and such attempted act shall be void and of no effect. 1�4. A. The Tenant shall not exhibit, sell or offer for sale on the Leased Premfses or in the Building any ar�ide or thing {except those articles and things essentially connected with ihe stated use af fhe Leased Premises by the Tenant} wifhauf the ad�ance consent af Landkard. B. The Tenant shall not display, inscribe, print, paint, maintain ar affix nn any place in or about the Building any sign, notice, legend, direcfion, figure or advertisement withaut the prior written cansent from Landlord. C. No additional lacks or similar devic�s shall be attached to any door or window withouf Landlo�-d's prior written consent. No keys for any doar other than those provided by the Landlord shall be made. If rr�ore than two keys for one lock are desired, khe Landlord will provide the same upon payment �y fhe Tenant. Ail keys must be returned to the Landlard ak the expiratian or �ermination of this Lease. D. All persons entering or leaving the Building after hours on Monday through Friday, or at any time on Saturdays, Sundays or holidays, may be requEred to dp so under such r�gulations as the Lan�lard may impose. The Landlard may exclude or expel any peddl�r. E. The sidewalks, halls, passages, exEts, entrances, elevators and stairways shall not bs vbstructed by the Tenant or used for any purpose other than for ingress to or egress from its Leased Premises. F. 7enant shall not use, keep or permit to be used or kept any foul or noxiaus gas or substance in the Leased Premises, or permit or suffer the Leased Premises to be occupied or used in a manner offensive or objectionable to the Landlord ar other occupants of the Building by reason of noise, odors andlor vibrations, or interfere in any way with other tenants or those having business there, nor shall any animals or birds be brought in ar kept in or about the Leased Premises or the Building. 15. Landlord, its agents and er�ployees shall have access fa and the right ko enter upon the Leased Premises at any reasona�le time ta examine khe condition thereaf, to make any repairs or alterations required to be made by Landlord hereunder, to show the Leased Premises to prospective purchasers, mortgage�s or tenants and for any other purpose deemed reasonable by Landlord, � ;�. �, C:IDocuments and Settiragslthompsc.C�WIDaslctop12003 SUBLEAS�SIWAC LEASE, APRiL, 2 0'�,j¢py � �C�'j��J j .�.:..��.�r`��a � .. �u��, ��, D�I�AULT AN9 R�i�i�Dl�S 16. A. Each o� the following acts or orrtiissions of Tenant or occurrences s�all constitut� an "Event of Default:" (1) Failure or refusal by Tenant to timely �ay Rent or othe�- payments hereunder. (2) �ajlure to p�rform or observe any other covenant or condition of this Leas� by Tenant to he performed ar observed prior to the expirativn of a periad of ten (10) days following written notic� to Tenant of such failure. {3) A�andonment vr vacating of the Leased Premises or any significant portion thereof for a period in excess af ninety �90) days. (4) The fifing or execution or occurrence of: A petitior� in bankruptcy or other insoEvency proceeding by or against Tenant; or petition or answer seeicing refief under any pr4�ision of the Bankruptcy Act; or an assignment for the benefit of creditors or composition; or a petition or other proceeding by ar against the Tenant for the appointmer�t of a trustee, receiver or liquidator of Tenant or any of Tenant's prape�ty; or a praceedir�g by any governmental authority fo� the dissolution or liquidation of Tenant. B. This Lease and the Term and estake hereby granted and the demise hereby made are subject to the limitation tha# if and whene�er any Event of Default shall occur, Lar�dlord may, at its aption, in addition to all other right5 and remedies gi�✓en hereunder or by law or equity, do any one or more �f the following: {1) Terminate this Lease, in which event Tenant shall immediately surr�nder possession of the Leas�d Premis�s to Landlord. (2) Enter upon and take possession of the Leased Premises and expel or remove Ter�ant and any other occupant th�refrom, with or without having terminated the Lease. (3) After locks and ot�er security der�ices at the Leased Premises. C. Na such alteration of security devices and no remo�al or other exercise of daminion by Landlord over the property of 7enant ar others at t�e Leased Premises shall �e deerned unauthorized ar constitute a conversion, Tenani hereby cansenting, after any Event of Defaukt, #a the aforesaid exercise af dominion o�er Tenant's property within the Building. All claims for damages by reasan of such re-entry andlar rep4ssession andlor alteration of locks or other securi�y devices are f�ereby waived, as are all cl�ims for damages by reason af any distress warranf, forcible detainer proceedir�gs, sequestration proceedings or other legal process. Tenant agrees that any re-entry by Landlord may be pu�'suant to judgment obtained in forcible detainer proceedings or other legal proceedings ar withaut the necessiry for any legal proceedings, as Landlvrd rnay elect, and Landlord shall not be liable in trespass or otherwise. D. In the event Landlord elects ta terminate khe Lease by reason of an Event of Default, then, �atwithstanding such termination, Tenant shall be liable for and shall pay ko Landlord at Fo�k Worth, Tarrant County, Texas, the sum of all Rent and other indebtedness accrued ta the da#e af suCh terminatian. C:1Dpcuin�nis and Settingslthpmpsc.CFWlDesictnp120Q3 SUBLEASESIWAC LEASE, APRIL, �0(�"�.,�i�� -� G I ! V��Lr �St:�Y� � �N:� � .� .. .. ��, ��. E. 1n the event of any default by Landlord, Tenant's exclusive remedy sha11 be to terminate this Lease (Tenant hereby waiving the benefiit of any laws granting the right to terminate ihis Lease, to a lien upon the �roperty of Landlord andlor upon Rent due Landlord}, but priar to any such action Tenant will give Landlord written notice specifying such default with particularity and l.andlord shall ihereupon have tnirty (30j days (pl�s s�ch additianal reasonable period as may be req�ired in the ex�rcise by Landlord of due diligence) in which to cure any such default. Unless and until Landlard fails to so cure any default after such notice, Tenant shall not have any remedy ar cause of ac#ion by reason thereaf. AI{ obligaiions of L.andlar� hereunder will be construed as covenants, not conditians, and all such obligations will be binding upan Landlord anly during the period of its ownership of the Building and not thereafter. Landlord shall have no carporate liability for the perfarmance of any obligakions hereunder, recourse by any party for defauft against Landlord being limited to Landiord's interest in the Building. , The term "Landlord" shall mean only the awner of the Building at the date of commencement of #he Term, and in the event of the �ransfer by such owner af its interest in the Building, such owner shafl thereupon be released and discharged from a1] coven�nts and obligations of the Landlard thereafter accruing, but such covenants and obligations shall be binding during the Term upon each new owner for the duration of such owner's own�rship. NONWAIV�R 97. N�ither acceptance of Rent by �andlard nar failure by Landlord to camplain any action, nonaction or default of Tenant shaf� constitute a waiver of any of Landiord's rights her'eunder. Wai�er by Laridlord of any right for any ciefault af Tenanf shai! nat canstitute a waiver of any right for either a subsequent default of the same abligation or any other default. NOYIC� 18. Any notiee or request which may or shall be given under the terms of this Lease shall be in writing and shall be either d�livered by hand to the Building manageme�nt offic� (for Landford) ar t1�e Leased Premises (for T�nant) or sent by United States Registered or Certified Mail, postage prepaid, addressed to the parties herata at the respective addresses set out oppositE their names below. Such addresses may be ehanged fram fiime ta time by either party giving nofice as provided above. Notice shall be deemed given when delivered (if delivered by hand) or when Postmarked (if sent by mail). Tenant: ��v�-�1 � �,� �„�° � �rcc� �/ nI"`T �iZ.�Qr .� � �r'S � �d r�r r� r- Landlord: The Citv of Fort Warth Attn; C:iDocuinents and Settingsltl�oinpsc.CFWIDeslctop12043 SUBL�AS�SIWAC LEASE, APRII., 2�0��;�pg 7 �� U��. MISC�L- LAN�OUS INVAL.IAITY OF F�ARTICUlAR PRQVIS[ONS SUBSTITUI"� PREMISES 19. A. In all instances where Tenant is required hereunder to �ay any sum or do any act at a particu�ar indicated time or within an indicated period, it is understoad that time is of the essence. B. Under no circumstances whatsoever shall Land�ord ever be liable hereunder for consequential damages or special damag�s. C. All monetary obligations of Landlord and Tenant (including, without limitation, any monetary obligation of Landlord or Tenant for damages for a�y breach of th� respeciive covenants, duties or abligations of Landlor� or Tenant hereunder) are �ayable exclusively in Fort Worth, Tarrant County, Texas. D. In the e�ent of variation or discrepancy �etween capies of this Lease, Landlord's original copy shall control. E. lf, b�cause of any act or omission of 7enant, its �mployees, agents, contractors, or subcontractars, any mechanic's lien or other lien, charg� or order for the payment of money shall be filed against Landlord or against all or any portion of the Leased Premises or the Building, Tenant shall, at its awn cost and expense, caus� the same to b� discharged af record within thirty (30) days afier the filing thereof, and Tenant shall indemnify and save harmless Landlord against and fram a!i costs, liabilities, suits, penaities, claims and demands, including reasonable attorneys' f�es, resulting th�re�rom. 20. if any clause or provision of this Lease is or becornes illega{, invalid or unenforceable because of present or future laws or any rule ar regulation of any gove�nmental body or entity, effective during the Term, the intentian of the parties hereto is ti�at the remaining parts of this Lease shali not be affected thereby unless such invalidity is, in the sale determination of the l.andlord, essential to the rigF�ts of both pariies, in which evenk Landlord has the right, but not the obligatian, to termir�ate this Laase an written notice to Tenant. 21. L.andlord shall have the right at any time during the Term, upon giving Tenant not fess than sixty (60) days prior written notice, to provide and furnish Tenant with space elsewh�re in the Building of approximately the same size as the Leased Premises and remove and place Tenant in such space, with Landlord to pay all reasonable costs and expenses incurred as a result of such removal of Tenant. Should Tenant refuse to p�rmit Landlord to mave ienant fo such new space at ihe end of such sixfy (60) day periad, Landlard shall have khe right to cancel ancE terminate this Lease effeetiv� nineky (90} days from the date of original notification by Landlord. lf Landlord moves Tenant to sueh new space, this �.ease and each and all of its terms, covenants and conditians sf�all remain in ft�ll force and effect and be deemed applicafole ta such new space and such new space shall thereafter be deemed to be the Leased Premises as though Landlord and Tenant had entered into an express written amendment to this Lease with respect thereto. C:1Documents and SettingslthompsaCFWlDeslctop12003 SUBLEASESIWAG L�ASE, APRIL, ::D��ps � $ .�u ; , , , `��. �+'°��;rl��, Y��, �IViIR� AGRE�f�IENT AND �INDING EF�r�CT 22. This Lease, addenda ar exhibits signed by the parties canstitute the entire agreement between Landlord and Tenant. No prior written vr prior or contemporaneous oral pramises or representatians shaEl be binding. This Lease shall not be amend�d chang�d or extended except by written instrument signed by both par�ies her�io. Paragraph captions are for convenience only and n�ither limit nor amplify the pro�isians of fhis Lease. The provisions of this Lease sha11 be binding upon and inure to the benefit of the heirs, executars, administrators, successors and assigns of the parti�s, but this provisian shall in no way alter the restriction herein in connection with assignment and subletting by Tenant. C:1Dacuments and Settingslthornpsc.CFWlDesktop12003 SUBLEASBSIWAC L�AS�, APRIL, �.0��, �qs. � r �M1.0 tr�� , EX�CU��D in muitiple caunkerparts, each of which shal! hav� the force and effect of an original, on this the day qf . 2003. LANDLO�� CITY OF' FORi WORTH � ., BY: � ATTES`�3 �Y � � � 7�NANT � �. ��-, �"%s � gY� _ -� �� r � o�.� .-��— Name: -J v� �- �/.-�` Title: �i e��a-r�^e'� 1 �a . �� . ..r �r "� i _ City Secretary �."�0'�7.�% Cont�act Autharization Qate: �� `�/!rJ C� . � APPROV AS TO.FORM AN❑ LEGALIfY Assis nt Cit Attorney G:1Documents and Settingslthompsc.CFWlDesktop12003 SUBLEASESIWAC LEAS�, APRIL, p��- � ,L�''�� 1� �J�� 4� �.zJNo�N�Y 'i �', ��, Y�� 0 �XHIBIT "A" Properiy Description l.ots 1, 2, 3 and 4, Block 1Q8, Original Town of Fort Worth, an Additian to the Cify of Worth, Tarrant County, T�xas C:1Documents and Settin slthom sc.CFWlDeskto 12003 SUBLEASESIWAC LEASE, APRIL, 4� ^' i, ��} � p P ��:�?;�� a N , � � ri � , � �ti� :��r�h� C`ity o��"or� i�Vo�th, T'exas ��r �nd ��c�r��l �,��n��t��t DATE R�F'�RENCE Nl1MB�R LOG NAM� PAG� 212910Q **�,�� 7�7 � 02BAKER I � af 2 suB��cr AUTHORfZATION TO AMEND THE LEASE BEll1VEEN THE CITY OF FORT WORTH AND FORT WQRTH BAKER BUILDING, L,P. FOR THE F�RT WORTH INTERNATIONAL CENTER RECOMMENDATION: lt is recommended that the City Council authorize the City Manager to execute a second amendment to the lease between the City of Fort Worth and Fort Worth Bal�er Buildirig, L.P., dated March 28, 1997 (M&C L-11942), leasing space in the Bak�r building for �he Fort Wo�th International Cen#er. The amendment renews the lease for an additional fve years, commencing April 1, 2QD0 at an annual rate af �140,335.00 for #hree y�ars and an annual rate of $161,925.0� for the last twa years. DISCIJSS{ON: The Fort Worth Internationa{ Center occupies 90,795 square feet of office space on ih� ground flaor af the Bafcer Building, Iocated at 110 West 7th Street. A f�e-y�ar fease amendment has been negotiated at the rate a� $13.00 per squa�e foot far the first three years and $15.OQ per square foo# for the last twa years. Of the $140,335.00 annual rate for khe first three years, co-locators at the �In�ernatianal Cent�r will eontri�ute $26,936.00, and of the $161,925.04 for the last two years, co-locators will contribute $31,080.0�. The base rent will be s�bject to annual adjusfinents for incr�ases in apera#ing expenses of �th� building o��r and abaue those established during the 1999 base year, and Center tenar�ts will pay proportionate shares accordingly. Working toget�er with internatianal cammunity groups, the City af Fort Worth created the Fort Worth [nfernational Center in 9 997 fo support internaiianal activifies an� pro�ide services #o ��rt VWarth citizens interested in international business, cultural exchan�e, educatian and seruice activities. Comprised of ten difFerent internationa[ organizations, the Fo�t Worth Internatianal Center e�hances the Ctty's international image, increases internationa[ relatians and trade, and creates greater opport�anities and jobs for the ciiizens of Fort Worth. The Center is a p�bliclprivate partnership funded by the City of Fort warth and tne organizations with OfFIGES in th� C�nter. Since mid-1997, organizatians in the Interr�ational Center have had a measurable economic impact of $'13.1 mfllion; provided 2,183 counseling sessions; and hosted over 2,104 international visitors ar�d 13,500 dom�sfic �isitors. Co-lacators at the Fort Warth Infernational Center: American�Thai Education Foundafiions and Yonok College Fort Worth Hispanic Chamber of Commerce � Fort Worth Sisfer Cities International City o� Fort Worth Office of International Affairs City of Fort Worth Strategy 2�00 Tarrant Co�nty Asian American Chamber of Commerce Tarrant Ca�n#y College's Internatianal Small Busir�ess De�elapment Center U.S. Department of Commerce Fort Wor�h Export Assistance Center U.S.-Argentina Chamber of Cammerce World Affairs Co�ncil of Greater Fort War�h C'iiy of Fo�t �o�th, 7'exas �y�� d ��;�� DAT� REFERENCE NUMBER LOG NAME PAGE 2129100 �*�_� �73'� 02BAKER 2 of 2 suB,��cT AUTHORIZATION TQ AMEND THE LEASE BETWEEN THE CITY OF FORT WORTH AND FORT WORTH BAKER BUILDING, L.P, F�R THE FORT WORTH INTERNATIONAL CENTER F15CAL INFORMATIONICERTIFICATION: The Finance Director cer�ifies fhat funds are available in the curr��t operating budget, as appropriated, of the General Fund. � MG:j Submitted far CiEy M�nager's Ofkice by: Ramon Guajardo Originati�g Department I3ead: Ricardo Ro6erto FU1�ID (to) � ACCOLII�IT � CENTEIt I ,AMOUI�IT CIT`Y SECRET'AYtY Addi�ianal [nfprmafion Contxct: Jacqueline Bender fi I40 � 212-2661 � {fram} I GG01 � 212-266Q I 537D10 pp28010 $70,967.50 APPROV�D 2l29/pU ;