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Home My WebLink AboutContract 28579;_��r�11:']5 FtCV?� �I�'Y SE�R��po�Y � FORi W�RiH INiERNATIONAL C�NT�R C�I�TF�AC� iV� ,� OFF1C� ��AS� CORlTRACY THIS LEASE CON7RACT ("Lease"), �ntered into by and beiween The Gity of Fart Warth �I'L�r�i��L191� � ��a�^�^�n�! �^r�:��:tien a�t� ��r Sn� :,�rc:��h iks duly authorize� assistant City Manger and �arr��7l �o�+�tp Asisn Amer3can �t��mber af �ammerce ("Tenant"). The term "Landlord" shall include the agents, representatives, and emplayees of Lessar. The term "Tenant" shall include the agents, r�presentatives and employees of Lessee, PR�fiAiS�S 1. Landlard hereby leases to Tenant and 7enant hereby Isases from Landlord approximately '[72 square fee� designated as 5uite "R" in the b�ilding known as the �AK�R �UILpING ("Building") located at 110 West Sevenih Street, Fort Wort�, Texas. The area hereby leased in the Suifding is hereinafter called "Leased Premises" and is shown outlined and hatched on fhe floor plan drawing designat�d Exhibit "A" aftached hereto and incorporated by reference. T�RM MAST�a ��AS� FOR OF'�IC� SPAC� USI� OF PR�IV�IS�S 2. Subject to Tenant's specific option fo terminate this lease as s#ated in Paragraph 16, the term of this Lease {"Term"} shall be a period of tvvelve (12) monihs, cammencing A�ril 9, 2003 and terminating March 31, 2004. 3. Tenant understands that Landlord is subleasing the Leased Premises ta Tenant and that Landlord is leasing the Leased Premises from F. W, BalCer BUilding, L. P. ("Baker") under a Master Lease ("Master Lease"). cikie5 4. A. I�essee shall use the Leased Premises ta engage in: (a} counseling in Internatio�al Trade, "counse{ing" includes marketing, or Eocating outlets to sell foreign goods or services; or (bj developing international markets; or (c) developing relationships between �art Wvrth and oti�er international B. Failure to use the Leased Premises as stated above, as determined by the sale discretion of Landlord, shail resulk in terrnination of this Lease as provided in section 16. C. Lessee may not use the Leased Premises for any activity of a hazardous or high-risk nature that would endanger property ar human safety, Lessee will take measures to guard against any conditi�n at the Leased Premises af a hazardous or high-rislc nature thak wot�id endanger �roperty or human safe�y. C:IDocuments and Satti►tgsltliompsc.CFWIDesktop120Q3 SUBI,EASESITCAAGC LEASE, AP1�L,1i)r� ,.�'��. 1 �1 ��, �'��h� R�Ni 5. As base rental for the l�ase and use of the Leased Prer�ises ("Base Rent"}, Tenant will pay Landlord or Landlord's ass�gns, at 711 Houston 5treet, Fart Worth, Texas, without demand and without deduction, abatement or setoff (except as o#herwise expressly pro�ided for herein), the sum of Sixteen Dolkars ($16.00} per square Foot per year payable monthky of $230.04 on the first day of each calenda� month, far each and every manth in the Term. lf the 7erm does not camrnence on the first day af a calendar month, Tenant will pay in advance a pro ra�a part of such sum as Base Rent for such firs# parkial month. R�PAlR Ai� D IVlAIi��NARlC� FIR� OR OTki�R CASUA�TY 6. Tenant shall keep the �eased Premises including all fixtures installed by 7enant in good and tenantable condition. ln addition, Tenant shall pay the cost of repair and replacement due to damage or injury done to the Building (other than the Leased Premises} ar any part thereof by Tenant ar Tenant's agents, employees, contractors, licensees ar invitees. Such amount shall be paid by Tenant to Landlord upon demand, plus interest ther�on, as provided in th�s Lease, from demand until payment. Upon t�rmination of fhis Lease, Tenant wif! surre�der and deliver up the Leased Premises to Landlord in khe same condition in whieh they exisked at the commencement oi the l.ease, excepti�g oniy ordinary wear and tear and damage arising from any cause required hereunder to be repaired at L.andlard's expense. i. A. 1f at any time during the Term, the Leased Premises ar any partian nf the Building or Common Area (as hereinafi�er defined) shall be damaged or destroyed by fire or otfier easualty, Tenant understands that under the Master Lease, Baker has fhe electifln to terminate the Master Lease within 12Q days from the occurrence of such casualty or to repair and reconstruct the Building to substantially the same condition in which they existed immediately prior to such damage or destruction, and that Baker is not required to repair or recanstr�a�t any personal proper�y, furniture, trade fixtures or office equipment which is located in the Leased Premises and removabfe by Tenant under the provisions of this Lease. If Baker terminates khe Master Lease because of fire or other casualty, this Lease shall automakically terminate. B. In any af the aforesaid circumsta�ces, Rent shall abate praportionafly during the period and ta the extent ihat the Leased Premises are unfit for use �y Tenant in the ordinary conduct of its business. 1f Baker has elected to repair and restore the Leased Aremises to the extent stated abave, Lessee may terminate this lease or continue the Lease. ln ihe event thaf this Lease is terminated as herein permitted, Landlord shall refund to Tenant any prepaid Rent (unaccrued as of ihe date of damage pr destruction) provided Tenant is in com�fiance wikh this fease hereunder less any sum pwing Landlord by Tenant. If Landlord has efected to repair and reconstruct the Leased Premises ta the extent stated above, then the 7'erm shal! be exkended by a period of time equal to the period af such repair and reconstruction, C:1Documents and Settingslthampsc.CFWlDesktop12003 SUBI,EASESITGAACC LEASE, AP ,�� ctc�� 2 � ��:U �.;,` �� ! ��. �`�;�?�.h�, ��, C. Nofwithsfanding the provisions of Subparagraphs A. and 6. of this Paragraph 7, if t�re Leased Premises or any other Portion af the Building is damaged by fire or other casualty resulting from the fault ar negligence of Tenant ar any of Tenant's agents, employees, contractors, licensees or invitees, the Rent hereunder shall not be diminished during the repair of such damage an� Tenant shall be liable to Landlord for the cost and expense of the repair and restoration of the �.�ased Premises or the Building caus�d thereby to the extent such cost and expense is not covered by insurance proceeds. C01911P�IANC� 'L�4lI7ki �AId4!'S AND USAG� 8. Tenant, at its own expense, will promptly comply with all federal, state, municipai and ather lawrs, ardinances, rules and regufations applieable to the Lease� Premises and the business conduc#ed therein �y Tenant. IND�i�ffYNITY 9. TENANT AGRE�S TO INDEMNIF'Y, DEF�ND AND SAV� HARML�SS LANDLORD AND 1TS EMPLOYEES (COLL�CTIV�LY "IND�MNITE�S") FROM AND AGAINST ANY AN� ALL LIABILITI�S, DAMAGES, CLAIMS, StJITS, COSTS {INCLUDING COIJRT COS7S, ATTORNEYS' FEES, ANQ COSTS O� IiVVE5TIGATION) OF ANY NATUR�, KIND OR D�SCRIPTION �F AiVY P�R50N OR �NTITY, �IRECTLY OR INDiRECTLY ARISWG OI�T OF, CAIJS�D BY; OR RESULTING FROM (IN WHOLE OR !N PART}: (i) THE U5E AND OCCUPATIOIV OF THE LEASED PREMISES, {ii) ANY ACT OR OCCURR�NCE ON THE L,�AS�D PREM15E5, OR ANY PART TH�R�OF, (iii) THIS LEASE OR THE PERFORMANCE BY TENANT OF ITS OBLIGATIONS H�R�UNDER OR (iv) ANY ACT OR OMlSSION ON TNE PART OF 7�NANT OR ANY INVITEE, L�C�NSEE, EMPLOYEE, DIREC70R, OF�ICER, SERVANT, CONTRACTOR, SI�BCONTRAC`�OR OR 7ENANT OF T�NANT OCCURRENG OfV, IN, OR ABOUT TH� LEAS�D PREMISES OF2 THE BUILQWG (TH� ABOVE HEREINAFTER COLLECTIVELY R�F�RR�D 70 AS "CLAIMS"), �XC�PT TO Tk�E EXTENT THAT SUCH C�.AIMS ARIS� �FiOM OR ARE ATTRlBUT�D TO THE CONCURRENT NEGLIGENCE, SOL� NEGLIG�NCE ANDIOR STRICT I,IABILITY OF ANY O� THE INDEMNITEES. lF ANY ACTION Oa I'ROCE�DiNG SHALi� BE BROUGHT SY OR AGAINST ANY IND�MNIT�� IN CONNECTION WITH AfVY SUCH LIABILITY OR CLAIMS, TEiVAN7, ON NOTICE FROM LANDLORD, SHALL DEFEND SUCH ACT�ON OR PROCE�DING, AT TENANT'S EXPEIVSE, BY OR THROUGH A`�70RlV�YS R�ASONABLY SATISFACTORY TO LANDLORD. TH� PR�VISIONS �F THIS PARAGRAPH SHALL APPLY TO AL� ACTIVITIES DF T�NANT WITH RESPECT TO THE LEAS�D PR�MISES OR BUILDING, WHETHER OCCURR{NG BEFORE OR A�iER TH� COMMENCEMENT DATE OF THE TERM AND BE�OaE OR AF'1'�R THE EXPIRA�iION OR TERMiNATiON OF TH15 LEABE. TENANT'S OBLIGATIO�IS UN�ER THIS PARAGRAPH SHALL NOT BE LIMITE❑ TD TH� L1M17S OR COVERAC� OF INSURANC� MAlN7AlNED OR REQUIRED TO B� MAINiAINED BY TENANT UNDER THIS LEASE. C:1Documents and 5ettingslthoinpse.CFWlDesktop12D03 SUBLEA5ESITCAACC LEASE, AP �'� � :,�.��t � �� 3 � ,��W�u i s�i �� 1iilAN�R OF E.IAL�I�.ITY WAIVER OF SU�ROGA710N Af��IYIONS ANf] �ExYu��s 90. NO INDEMNITEE SHALL BE LIABLE IN A�fY MANNER T� TENANT OR ANY OTH�R PARTY F�R ANY INJURY TO OR QEATW OF PERSONS OR F�R ANY LOSS �F OR �AMAGE TO PROP�RTY O� TENANT, ITS �MPLOY�ES, AG�N7S, CUSTOMERS, ENViY�ES, OR 70 07H�R5, R�GARDLESS OF WHETHER SUCW PROP�RTY iS �NTRLfST�D TO EMPLOY�ES OF THE BUILDING, �R SUCH LOSS OR DAMAG� 1S OCCASIONED BY CASUALTY, THEFT, OR ANY OTN�R CAIJS� OF WHAiSOEVER NATURE. EXCEPT TO THE �XTENT THAT SUCH I�JURY, LOSS OR DAMAGE IS CAUSED IN WHOLE OR IN RART BY THE NEGLlGEf�CE OF ANY INDEMNITEES, IN NO �VENT SHALL ANY IEV�EMNITEE BE LIABLE IN ANY MAlVNER TO TENANT OR A�VY OTHER PARTY AS TH� RESULT OF THE ACTS DR OMIS510NS OF TENANT, ITS AGENTS, EMPLOYEES, CONTRACTORS OR ANY OTH�R TENANT OF' TH� BUILDII�G. ALL PER50NAL PROPER7Y lJPON TH� LEASED PR�MISES SHALL B� A7 THE RISK OF �'ENANT ONLY ANq NO IND�MNITEES SHA��. BE LIABL� FDR ANY DAMAGE THERETO OR THEFT TW�R�OF, �XC�PT TO THE EKT�NT THAT SUCH DAMAGE OR THEFT lS CAUSED IN WW�LE OR [N PART BY TH� NEGLIG�NC� OF' ANY IND�MNITE�. 11. TO TME EXTENT TENANT CHOOSES TO INSURE THIS PROPERTY, TENANT SHA1�L R�QUIRE lTS INSURANCE CAI;RiER TO ENDORSE ALf. APPLICABLE POLICIES WAiVING Tk�E CARRIER'S RIGHT OF UND�R SIJSR�GATION �R ��'HERWISE IN FAVOR OF ANY INDEMNITEE AND PROVIDE A CERTIFICATE OF WSURANCE VERIFYING THIS WANER. 12. A. Tenant will ma�Ce no alteration, c�ange, improvemen�, repair, replacement or addition to the Leased Premises without the priar written co�nsent of Landlard. If Landiord grants such prior written canser�t, the work in such connection shall be at Tenant's expense but by workmen of Landlord ar workmen and contractors approved in advance in writing by Landlard ar�d in a mann�r and upon terms and conditions and at times satisfactary to and approved in advance in writing by Landlord. B. Tenant may remnve its trade fixtures, office supplies and movable office furniture and equipment not attached to the Building provided: (1} such removal is made prior to #he termination of the Term; (2} Tenani is not in defiau{t of any obligation or cove�ant under this Leas� at�the time of such removal; and {3) Tenant promptly repairs all damage caused by sueh removal. All other 'praper�y at fhe L�ased Premises and any alteration or addition to the Leased Premises (including wall-to-wall carpeting, paneling or other wall covering} and any other article attached or affixed to the f[oor, wall or ceiling of the Leased Premises (any of which as stated above sha11 require Landiord's prior written consent) shall become the property of Landlord and shall remain upon and be surrendered with the Leased Premises as part thsreof at the termination af this Lease, ienant hereby waiving all rights to any payment or comper�sation fherefor. lf, however, Landlord so requests in writing, Tenant will, prior ta termination of this Lease, remove any and all alterations, additions, fixtures, equipment and properry placed or installed by it or at its request in t�e Leased Fremises and will repair any damage caused by such removal. C:1Documents and Settingslthompsc.CFWIDesktop12003 SUBL�AS�SI'TCAACC LEASE, APRI�,, �;�qc; : � 4 i lr��t` •JSG��'lifril�if �� t��@�� ASSIG[�fVI�N7 AND SU��ETiIPI� C�RTE1fN COV�R�ANTS O� ��'AN� ACC�55 �Y LANDI�ORD 13. Nei#her Tenant nor Tenant's legal representatives or successors in interest by operakian af law ar otherwise shall assign this Lease or sublease the Leased Premises or any part thereaf or martgage, pledge, or hypoth�cate its leasehald interest or grant any concession or license within the Leased �remises and any attempt by Tenant ta do so shafl be an Event of Default {as hereinafter defined} hereunder and such attempted act shall be void and of no effeck. 14. A. The Tenant shall not exhibit, sell or offer for sale on the Leased Premises or in the Bujlding any article or thing (except those articles and things essentially connected with the stated use of th� �eased Premises by the Tenant) without the advance consent of Landkord. B. The Tenant shall not dispiay, inscribe, print, paint, maintain or affix on any place in or a�out the Buitding any sign, no�ice, legend, direction, figure or a�vertisement wikhout the prior written consent frorn Landlord. C, iVa additional locks or similar devices sha{l be attached to any door or window without Landlard's pr'tar written consent. iVo keys for any doar other t�an those provided by the Landlord shall b� made. If more #han two keys for one lock are desired, the Landlord will provide #he same upon payment by the �enant. All keys must be returned to the Landlord at ihe expiration or termination af this Lease. D. All persons entering or leaving the Building after hours on Monday through Friday, or at any time on 5a#urdays, Sundays or holidays, may be required ta do so under such regulations as the Landlord may impose. 7he Landlord may exclude or expel any peddler. E. T�e sidewalks, halls, passages, exits, entrances, elevators and stairways shall not be abstructed by the Tenant or us�d for any purpvse other than for ingress to or egress from its Leased Premises. F. Tenant shall not use, keep or �ermit to b� used or kept any foul ar naxious gas or substance in the Leased Premises, or permit or suffer the Leased Premises to. be accupied or used in a manner offensive or ob}�ctivnable to the l.andlord ar a#he�- occupants of the Building by reason of nois�, adors andlor vibrations, or intertere irt any way wi#h okher #enants or those ha�ing business there, nor shall any animals ar birds be brought in ar lcept in or abaut the l.eased Premises ar #he Buiiding. 15. Landlnrd, its agents and em�koyees shall have access to end the right to enter upon tF�e Leased Premises at any reasonable time to exam'ine the conditian thereof, to make any repairs or alterations required ta be made by Landlord hereunder, to show the Leased Premises ko prospective Purchasers, mor�gagees or tenants and for any other purpose deamed reasonable by �andlord. C:1Documents and Settingslthompsc.CFWIDesktop12403 SLIBLEAS�SITCAACC LEASE, APRl�,, �f�l��;�c�� il�`�'�� Q� s �. d � �� . �� , � D�FAU�� AN� RG�fi�DI�S 16. A. Each of the following ac#s or omissions of Tenant or occurrences shall constitute an "�vent of Defaralt:" (1j Failure or refusal by Tena�t to timely pay Renf or o#her pay�nents hereunder, (2) Failure to perform or observe any other covenant or candition of this Lease by Tenank to be performed or observed priar to the expiration of a periad of �en (1 �) days following written notice t� Tenant of such failure. (3) Abandanment or vacaking of the Leased Premises or any significant partion thereof for a period in excess af ninety {90) days. (4) The filing or execution or occurrence af: A petition in bankruptcy or o#her insolvency proceeding by or against Tenant; ar pefition or answer seeking relief under any provisjon of the 6ankruptcy Act; or an assignment fflr the benefit of creditars or compvsition; �r a petitian or other proceeding by or against the Tenank for the appointment of a#rustee, receiver or iiquidator of Tenant or any of Tenant's praperty; or a praceeding by any governrnental authority far t�e dissalution ar liquidation of Tenant. B, This Lease and the Term and eskate hereby granted and the dernise hereby made are subject to th� limitativn that if and whenever any Event of Default shall occur, Landford may, at its optian, in addition to al1 other rights and remedies given hereunder or by law or equity, dv any one or more of the following: (9 ) Terminate th9s Lease, in which evenk Tenant shall immediately surrender possession of t1�e Leased Premises to Landlord. (2} Ent�r upon and take possession of the Leased Premises and expel or remov� Tenant and any other occupant therefrom, with or without having terminated the Lease. (3) Alter loctcs and other security devices at the Leased PremEses. C. No such alteration of security d�vices and no removal or ather exercise nf dominion by Landlard over the properky of Tenant or athers at the Leased Premises shall be deemed unauthorized or constitute a conversion, Tenant hereby consenting, after any Event of Default, to the aforesaid exercise of dominior� over Tenant's property within the Building. All claims for damages by reason of such re-enfry andlor reposses�sion andlor alteratian of locks or other security devicss are hereby waived, as are alf claims for damages by reason of any distr�ss warrant, #orcible detainer proceedings, seques#ration proceedings or other legal process. Tenant agrees that any re-entry by Landlord may be pursuant to judgment obtained in forc�ble detainer proceedings or other legal proceedings or without the necessity for any legal proceedings, as Landlord may elect, and l.andiard shall not be [ieble in trespass or otherwise. D. In the eveni Landlord elects to termi�ate the Lease by reason of an Event of Defaulk, then, natwithstanding such termination, Tenant shall �e liable for and shall pay to Landlord at Fart Warth, Tarrant County, Texas, the sum of all Rent and other indebtedness accrued to the date of such termination. C:1Documants and Settingslthompsc.CFW1Deslctop12003 SUBLEASESITCAACC LEAS�, AP -,Zi�Q�'s,dpc „ G . ��. �'�?i�'��, �� E. In the event of any default by Landlord, Tenant's exclusive remedy shall be to terminate this Lease (ienant hereby waiving the benefit of any laws granting the right to terminake this Lease, to a lien upon the property of Landlord and/or upon Rent due Landlord), but prior to any such action 7enant will giwe Landlord written notice specitying such default with particularity and Landlord shall there�pon ha�e thir#y (3Q) days {plus suc� additional reasonable per�od as may be required in the exercise by Landlard of due diligence) in which to cure any such default. Unless and until Landlard fails to so cure any default after such na�ice, Tenant shall not have any remedy or cause of action by reason thereof. All obligations of Landlord hereunder will be construed as covenants, nat conditions, and all such o�ligations will be binding upon Landlord only during the period of its ownership of the Building and not thereafter. Landlord shal{ have no corparate liability for the performance of any obligations hereunder, recourse by ar�y party for defaul# against Landiord being limited to Landlord's intersst in the Building. The terrn "Landlord" shall mean only the awner of the Building at the date of commencement af the Term, and in the event af the transfer by such owner of its interest in the Building, such or�vner shall thereupon be reaeased and discharged from all covenants and obligatinns af the Landlord khereafter accruing, but suc� covenants and obligations shall �e binding during the Term upon each new owner for the duration of such owner's ownership. NONWAIVER 97. Neiti�er acceptance of Rent by Landlard nor failure by Landkord to complain any action, nanaction or default of Tenant shall canstitute a waiver of any of Landlord's rights f�ereunder. Waiver by Landlord af any right for any defauft of Tenant shalt nat constitute a wai�er of any right for either a subsequent default of the same abligafion or any other default. NOTICE 18. Any notice or request which may or shalf be given under khe terms of this Lease shall be in writing and shall be �ither d�livered by hand to the Building managemenf affice {for Landlord) or the Leased Premises (for Tenanf) or sent by United States Registered ar Certified Maik, postage prepaid, addressed ta the parties hereto at the r�sp�cki�e addresses set out opposike fheir names below. Such addresses may be changed frorn time to time by either party giving notice as provided above. Notice shall be deemed given when delivered (if delivered by hand) or when postmarked (if sent by mail). Tenant: Landlord: ��"il, �� ihe Citv of Fort Worth �� •.i' � At�n: � --- C:1Documents and Settingslthompsc.C�'W1Desktop12UO3 SUBLEASESITGAACC I.EASE, APRI�, ��p�; �� 7 � �.� � �� , c��{��, i�� - - -- � nnisc��- LAlV�0U5 INVA�I�ITY OF PARTICU�.AR PROVI510NS suesriYUYr� PR�IIiiISE$ 19. A. In all instances where Tenant is required hereunde� to pay ar�y s�m or do any act at a pariicular indicated time or within an indicated period, it is unders#ood that time is of the essence. B. Under no circumstances whatsoever shali Landlord ever be liable hereunder for consequential damages or s�ecial damages. C. All mor�etary obligations af Lartdlord and Tenanf (including, writhaut limitatior�, any monetary obiigation of Landlord or Tenant far damages for any breach of the respecti�e cavenants, duties or obligations of Landlord or Tenant hereunder) are payable exclusively in Fort Worth, Tarrant County, T�xas. D. In the ever�t of variation or discrepancy between eopies of this Lease, Landlard's original copy shall contro�. E. If, because of any act or omission of Tenant, its employees, agents, cantractors, or subcontractors, any mechanic's lien ar other lien, charge 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, T�nant shall, at its own cost and expense, cause the same to be discharged af recard wikhin thirky (30) days efter the filing thereaf, and Tenant s�all indemnify and sa�e harmless Landlord against and from all costs, liabilities, suits, p�nalties, claims and demands, including reasnnable attarneys' fees, resulting therefrom. 20. If any clause or pro�ision of fhis Lease is or becomes illegal, invafid ar unenforceable because of present o� future iaws or any rule or regulaiion of any governmental body or entity, effective during the Term, th� iniention of the parties hereto is ihat the remair�ing parts of this Lease shall nat be affected thereby unless such invalidity is, in the sole determination of the .Landlard, essential to the rights af both �arties, in which event Landlord has the right, but not the obligation, to termir�ate this Lease on written notice to Tenant. 21. Landlord shall have the right at any time during the Term, upon giving Tenant not less tha� sixty (60) days prior written notice, to provide and furnish Tenant with space elsewhere in the Building of approximately the same size as the Leased Premises ar�d remove and pface ienant in such space, with Landlard to pay all reasonable eosts and �xp�nses incurred as a resulk of such remaval of Tenant. Should Tenant refuse to permit Landlord ta move Tenant ta such new s�ace at fhe end of such s{xty (60) day period, Landlord shall have tfite right to cancel and terminate this �ease eff�cii�e ninery (90) days fram the date of original notification by Landlord. 1f Landlard moves Tenant to such new space, this Lease and each and all of its t�rms, covenants a�d conditions shall remain in full forc� and effect and be deemed applicable to suc� new space and such new space shall thereafter be d�emed to be the Leased Premises as though Landlord and Tenant �ad e�kered inta an express written amendment ta this Lease with respect thereto. C:1Dacuments and Settingsltl�ompsc.CFWIDesktop12003 SUBLEASESITCAACC LEASE, APRI ,�,f�uP� .t�� 8 � 4' . �! 5�! �AITiR� ACF21��14��NT AN� �INDfNC E�'��CT 22. T�is Lease, addenda or exhibits signed by the parties consti�ute the er�tire agreement between Landlord and Tenant. No prior written or prior or contemparaneous oral promises or represantations shall be binding. This Lease shall not be amended changed ar extended except by written instrument signed by both parkies hereto. Paragraph cap#ions are far convenience only and neither limit nor amplify the provisions of this Lease. The provisions of this Lease shall be binding upon and inure to khe be�efit of th� heirs, executors, administrators, successors and assigns of the parties, but khis provision shall in no way alter the restrictian herein in cannection with assignment and s�abletting by 7enant. C:1Docutnents and Settingsltltpmpsc.CFWlDesktop12QD3 SUBLEASESITCAACC LEAS�, APR ,��1��,�ipc 9 �l�'�� 'J��tir '��'�� ' �1Y � r,..: �, i ��. �:��, ��, @X�CUT�� in multiple counterparts, each of which shall have the force and effect of an original, . on this the day of .. 2003. LANDLORd CITY O� FORT WORTH BY: . � ; �;� i �--- TENANT' By: r ��N/� VK� !, I�ame: �v`� � I <.-Tv�1+�+Rt-�b Title: �� f�'�'�uP�f� ATY�'ED �Y . " � �r� g.�� ity Secretary , r � — �� %� % Contract Authorization Date: �% % /�� . � APPRO D AS FORM AND LEGALITY � Assistant ify Aktornay I - -� " C:IDocuments and Settingslthompsc.C�`WlDesktop12003 SUBLEASESITGAACC LEASE, APRI�,, �[jc�s,�r,� 10 I ' I � r' ` y c Ni � =�'��1GG�@�� _ EXHIBI7 "A'" Property Descriptian Lots 1, 2, 3 and 4, Black 108, Original Town of For� Worth, an Addition to the City af Worth, Tarrant County, Texas C:1Documents and �ettingslthoinpsc.CFWlDesktop12003 SUBLEASESITCAACC LEASE, APRIL, 2003.tEqc il �'ity of �ori T�orth, 7'eacas ��r ��t� ��r��;[ ��n�c�t�� DATE FtEFERENCE NUMBER L�G NAME PAGE 2/29100 **L�� 2737 02BAKER 1 af 2 SUBJECT AUTHORIZATI�N TO AMEND THE L.EASE BETWEEN THE CITY OF FQRT WORTH AND FORT WORTH BAKER BUILDING, L.P, FOR THE FORT WORTH INTERNATIONAL CENTER RECOMMENDATION: Et is recommended that the City Councii aut�orize the City Manager to execute a second ame�dment to the I�ase between �he City of For� Worth and Fort Worth Baker Buildi�►g, L.P., dated March 28, 9997 (M&C L-'[ 1942), leasing space in the Baker building for the Fort Wo�th international Center. The amer�dmen# r�news the keas� toT an additianal five years, commencing April.�, 2�40 at an ann�al rate of $140,335.a0 for three years and an ar�n�al rate of $161,92�.40 for the last twn years. I��Y�i�b�y[�7►� The Fort Warth [nternational Center occupies 9 0,79� s�uare feet of affiee space on th� ground floor a� the Baker Building, located ai 110 West 7th Street. � . A fi�e-year lease amendment has 6een negotiated a# the rate of $13.00 per s�uare faot for tf�e first three years and $15.Qa per square foo� for the last twa years. Of tf�e $14a,335A0 annual rate for the first� three years, co-IQcators at tf�e internat9onal Genter will contribute $26,93fiA�, and of the $�61,925.00 for tf�e last two years, co-locators wiil cantribute $3�,Q8�.00. The base reni will be subjec#� to annual adjustmenis for increas�s in aperating expenses of �the buiEding o�er and above those established during the 1999 base year, and Center tenants wiil pay proporiior�ate shares accordingly. :Working together with international cammunity gro�ps, th� City of Far� Worth created the Fart Worth International Center in 1997 to suppor# international acti�ities and provide services to Fort Worth citizens interested in international business, cultural � exchange, education and service activities. Comprised of ten different international arganizations, the Fort Worth International Center enhances the City's internatianal image, increases i�ternaiional relations and trade, and creates greater opportuniiies and jobs for the citizens of Fort Worth. The Center is a publiclpri�ate partnership �unded by ihe City of Fort Worth and the arganizations with offices in the Center. Since mid-1997, orga�izatians in the Internatio�al Center ha�e had a measurable economic impact of $13.i million; pro�ided 2,183 counseli�g sessions; and� hosied over 2,104 international visitors and 13,500 domestic visitors. Ca-lacators at t�te For� Worth fnternational Center: American-Thai Education Foundations and Yanok Co�l�g� Fort Worth H�spanfc Chamber of Commerce Fort WoEth Sister Ci#ies [nternationai City of Fort Worth Office of International Affairs ` City of Fort Worth Strategy 2000 Tarrant County Asian American Chamber of Commerce Tarrar�t County Coliege's International 5mali Business Development Center U.S. Department of Commerce Fort Worth Export Assistance Center U.S.�Argentir�a Chamb�r of Cammerce World Affairs Council of Greater Fart Worth �ity o��Fart Y�ortli, Texas ��a� �� .��i ��r►��n DA`C� F2EFERENCE NllMBER LOG IVAME PAGE 2129100 ��_� �'��' � 02BAKER I 2 of 2 SUB.�ECT AUTHOR�ZATION TO AMEND THE LEASE BETWEEN THE C�TY OF ��RT WORTH �"Nn FnRT WORTH BAKER BUI�.DING, L..P. FOR THE F4RT WORTH � lNTERNA'TIONAL CENTER F'ISCAL IN�'ORMATfONICERTIF[CATION: The Financ� Director certi�ies tE�at funds are a�ailable in the c�rrent �perating budget, as appropriated, of the General Fund. - iVlG:I Submiited for City Manager's Office by: Ramon Guajardo Originating Department Head: RiCarda Raherto Additional I�formatinn Co�tac#: FUND I ACCOUNT I C�NT'ER I AMOUN'T (to) :---� C1TY SECRETARY 6140 212-26bI � (from) GGQ1 537010 (1�28010 $70,167.50 APPROVED 2129100 ]acqueline Bender 212-2660