HomeMy WebLinkAboutContract 28581/
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��N��A�T �IC� .
FORI WOR [ H 1Ni�RNA�lO�'A� CEF�T`ER
OF�IC�
��l�S€ CON�RAC�
THIS LEASE CONTRACT {"Lease"), ente�-ed into by and between The City af For� Worth
("Landlord"), a rriunicipal corporation acting by and through its duiy aut�orized assistant City Manger and
Tarrant County Collsg� District Internakional Small Business Qevelopment Center ("Tenant"). The term
"Landlord" shall inclu�� the agents, representatives, and employees of Lessor. Th� term "Tenant" sha1�
include the agents, repres�niakives and employees of Lsssee.
PR�14R[S�S 1. Landlord hereby leases to Tenant and T�nant hereby leases from Landlord
approximately 258 square feet designated as 5uite "K" and "L" in t�re building known
as the BAKER �UI��IN� ("Building"} located at 110 West Seventh Street, Fort
Worth, Texas. The area here�y I�ased in the Buifding is hereinafter called "Leased
Premises" and is shown outlir�ed and hatched on the floor plan drawing designated
�xhibit "A" aktached hereto and incorporated by reference.
���:7i�il
MAST�CR L��S�
�OR OF�ICE
SPAC�
US� OF
PREMISCS
2. Subject to Tenant's specific option to terminate this lease as stated in Paragraph
16, fhe ie�m of this Lease ("Term"} shall be a period af twelve (12) rnonths,
commencing April �, 2003 and terminating March 31, 2004.
3. Tenant understands that Landlord is subleasing the Leased Premises to Tenant
an� that Landlord is leasing the Leased Premises from F. W. Baker Building, L. P.
("Baker"} under a Master Lease ("Master Lease").
4. A. Lessee shall use the Leased Premises ta engage in:
(a) co�nseling in International Trade, "counseling" includes marketing, or
locating outlets ta sell foreign goods or services; or
(b) develaping internatianal markets; ar
(c) international trade training for new or emerging facal corrtpanies.
B. Failure to us� the Leased Premises as stated abo�e, as determined by ihe sole
discretion of Landlord, shall result in terminafion of this Lease as prfl�ided in section
96.
C. Lessee may nok use the Leased Premises for any activity of a hazardous or
high-risk nature that would endanger property or human safety. Lessee wiil take
m�asures to guard against any condition at the Leased Premises of a hazardous or
high-risk nature tha# would endanger properiy or human sa#ety.
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RI�NT 5, As base rental for the lease and use of fhe Leased Premises {"Base Rent"),
Tenant will pay Landlord or Landlord's assigns, at 7'� 1 Ho�ston Street, Fort Worth,
Texas, without demand and without deduction, abatement or setoff (except as
otherwise expressly provided fflr herein), the,sum af Sixteen Dallars f$16.00) per
squara foot per year paya�le month{y af $344.00 an the first day of each calendar
manth, for each ar�d every month in the 7erm. If the Term does not commence o�
the first day of a caiendar month, 7enant will pay in advance a pro raka part of s�ch
sum as 8ase F2ent for such first partial month.
R�PAIR
AND
IViAINT�fVANC�
FIRE UR
OTHER
CASUALTY
fi. Tenant shall keep the l.eased Premises including all fixtures ins#afled by 1"enank in
good and tenantabfe condition. In addition, Tenant shall pay the cast of repair and
replacement dus to damage or injury done to the Building (other than the L.eased
Premises) or any part thereof by Tenant or Tenan#'s agents, empioyees, cantrac#ors,
licensees or invitees. Such amount shall be paid by Tenant to l.andlard upon
demand, plus in#eresf thereoh, as provided in this L.ease, f�om demand untik payment.
lJpon termination of this Lease, Tenant wiil surrender and deliver up the L.eased
Prem�ses ta Landlord in the same condition in , which fhey existed at the
cammencement of the Lease, excepting only ordinary wear and tear and damage
arising from any cause required hereunder to be repaired at Landlard's expense.
7. A. If at any kime during the Term, the Leased Premises or any port�ion of the
Bu�lding ar Comman Area (as hereinafter defined) shall be damaged or destroyed by
fire ar ather casuafty, Tenant understands that under the Masker l.ease, Baker has
the electinn ta terminate the Master Lease wikhin 12� days from the occurrence of
such casualty ar to repair and reconstruct the Building fo subsfantially the same
condition in which they existed imrr�ediately prior to such damage ar destruction, and
that Baker is not required to repair or reeonstruct any personal praperty, furniture,
trade fixtures or office equipment which is located in the Leased Premises and
rerno�able by Tenant under the pro�isions vf this Lease. �f Bakar terminates ihe
Master Lease because of fire or oiher casualty, this Lease shall autamatical�y
terminate.
B. In any of khe aforesaid circumstances, Rent shall abate proportionally
during khe period and to ti�e �xtent that the Leased Premises are unf�t for use �y
7enant in th� ordinary conduct of its business. If Baker has elected to repair and
restore the Leased Premises ko the extent stated abov�, Lessee may terminate this
lease or continue the i.�ase. In the event that this Lease is terminated as herein
permitted, Landlord shall refund to Tenant any prepaid Ftent {unacerued as af the
dake of damage or destruction) provided Tenant is in compliance with this lease
hereunder less any sum owing Land[ord by Tenant. (f Landlard has elected to repair
and reconstruct th� L�ased Premises to the extent stated above, then the T�rrr7 shall
be extended by a period of time equal to the period of such repair and reconstruction,
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G. NotwEthstanding the provisions of Subparagra�hs A. and B. of this Paragraph
7, If the Leased Premises or any a�her portion af �he Building is damaged by fire or
other casualty resulting from the fault or negligence of Tenant or any of Tenant's
agents, employees, cantractors, licensees or invitees, khe Rent hereunder shall nat
be diminished during khe repair of such damage and Tenant shall be liable to
Landlard for the cost and expense af the repair and restoration of the Leased
Premises or the Building caused thereby to the extent such cost and expense is not
cover�d by insurance proceeds.
COII�P�IANC�
lii�lTH �.AWS
ANA U5AGE 8. Tenant, at its awn expe�se, wil� pramptly comply with a[i federal, state,
municipal and vther laws, ardinances, rules and r�gulations applicable to the Leased
Premises and the busirtess conducted therein by Tenant.
IND�MNITY 9. T�NAEV7 AGR�ES 70 INDEMNIFY, b�FElVD AND 5AV� HARMLESS
LANDLORD Af�D ITS EMPLOYEES {COLLECTIVELY "INDEMNITEES") FROM
AND AGAINS7 ANY AND ALL tIABILITIES, DAMAGES, CLAlMS, SUITS, C05TS
(INC�U�]NG COUR7 COSTS, A7TORN�YS' F��5, AND COSTS OF
IN1/�STIGATION) �F ANY NATUR�, KINQ OR D�SCRIPTION 4F ANY PERSOiU
OR ENTITY, DIRECTLY OR I�1�IRECTLY ARISING OUT OF, CAUS�D BY; OR
RESUL�ING FROM (IN WMOLE OR I�V PART): (i) TH� U5E ANp OCCUPATIOI�
OF 7FfE LEAS�D PREM�SES, (ii) ANY ACT OR OCCURRENCE ON THE LEASED
PREMI5ES, OR ANY PART THEREOF, (iii) 7H15 LEASE OR THE PERFORMANCE
BY TENANT OF IT5 OBLIGATIONS HEREUNDER DR (iv) ANY ACT OR
OMISSION ON THE PART OF TENANT OR ANY [NVITEE, LICENSEE,
EMPLOYEE, DIRECTOR, OFFIC�R, SERVANT, CO�ITRACTOR,
S[JBCONTRACTOR OR TENANT O� TENA�IT OCCURRING ON, IIV, OR ABOIlT
THE LEASED PR�MISES OR 7H� BUILDING (TH� ABOVE H�R�INA�T�R
COLL�CTIVELY REFERRED 70 AS "CLAIMS"), EXCEPT TO 7HE �XTENT THAT
5UCH CLAIMS ARISE FRO�,�I OR AR� ATTRIBUTED TO THE CONCURR�NT
N�GLIG�NC�, SOLE �I�GLIGENC� ANDIOR STRICT LfABILITY OF ANY OF THE
WDEMNITEES. IF ANY ACTION �R PROC��DING SHALL B� BROUGHT BY OR
AGAINST ANY IND�MNIT�� 1N CONNECTI�N WITH ANY SIJCH LIABELITY OR
CLAIMS, TENANT, ON NOTICE FRQM LANDLORD, SHALL DEFEND SUCH
ACTIQN OR PROC�EDIIVG, AT T�NANT'S EXP�NSE, BY OR THR�i1GH
ATTORN�YS R�AS�NABLY SATISFACTORY TO LANDLORD. TH�
PROVISIOiVS OF THIS PARAGRAPH SHAL.L APPLY T� ALL ACTIVITIES OF
TENANT WITH RESPECT TO TW� LEAS�D PREMfSES DR Bl]ILDING,
WHETWER OCCIJRRING SEFORE OR AF1'ER TH� COMM�NCEMENT DATE OF
THE TERM AND BEFORE OR AFTER TH� �XPIRATEO�f OR T�RMINATION �F
7H1S LEAS�. TENANT'S OBLIGA710NS UNpER THIS PARAGRAPH SHALL NOT
QE L1M17�D TO TH� LIMI1'S OR COVERAG� OF INSiJRANCE MA{NTAINED OR
RE.QUIREp TO B� MAiNTAIN�D BY TENANT UN�ER TMIS LEASE.
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WAl11�R OF
l.IABILITY
WAIVER OF
SU�ROGATION
AC�DI�'IONS
AND
�IX7URES
10. IVO INDEMNITEE SHALL BE LIABL� iN ANY MANN�R TO TENANT OR
ANY OTHER PARTY F�R ANY INJl1RY TO OR D�ATH O� P�RSONS OR FOR
ANY LOSS O� OR DAMAGE TO PROPERTY OF TENANT, ITS EMPLOYEES,
AGENTS, CIJSTOMERS, INVITEES, OR TO OTHERS, REGARDLESS OF
WH�7H�R SUCH PROPERTY IS ENTRUSTED TO EMPLOY�ES OF 7HE
BUILDING. OR SUCH LOSS OR DAMAGE fS OCCASIDNED BY CASUA�TY,
TH�FT, OR ANY OTHER CAUS� OF WHATSOEVER NATL3RE. EXCEPT 70 7H�
EXTENT THAT SUCH IN.iURY, LOSS OR DAMAG� IS CAUSED IN WHOLE OR [N
�ART BY THE N�GLIGENC� OF ANY INDEMNI7EES, IN NO EVENT SHALL ANY
1NDEMNITE� BE LIABL� IN ANY MAN�J�R 70 TENANT OR ANY OTHER PARTY
AS TH� RESULT OF TH� AC7S OR OMIS510NS O� TENANT, ITS AGENTS,
EMPLOYEES, CONTRACTORS OR AI�Y OTH�R TENANT OF THE BUILDlNG.
ALL PERSONAL PROPERTY UPQN TH� I��AS�D PR�MISES SHALL BE AT THE
R15K OF TENANT ONLY A�1D NO INDEMNITE�S SHAI.I. B� L1ABL� FOR ANY
DAMAGE THERETO OR THEFT THEREOF, EXCEPT TO THE EXT�I�T 7'HAT
SUCH DAMAGE OR THEF� IS CAUSED IN WNOI,E OR IN PART BY THE
N�GLIG�NC� OF ANY INDEMNITEE. .
11, TO TH� �XT�NT TEI�ANT CHOOSES TO INSURE THIS PROPERTY,
TENANT SHALL REQUIRE ITS [NSURANCE CARRI�R TO �NpORSE ALL
APPLICABLE POLICIES WAIVING THE CARRIER'S RIGHT OF UND�R
SUBROGATION OR OTHERWISE IN FAVOR QF ANY INDE,MNITE� AND
PROVID� A C�RTIFICATE OF INSURANCE VERIFYWG THIS WAIVER.
92. A. Tenant will make no alteration, change, improvernent, repair, replace�-nent
or addition to the Leased Premises without the prior writt�n consent of Landlord. If
Landlord grants such priar written consent, the work in such connection shall be at
Tenant's expense but by workmen of Landiord or workmen and contractors ap�roved
in advance in writing by Landlord and in a manner and upon terms and conditions
and ak times satisfactory to and appror�e� {n advance in writing by Landlard.
B. Tenant may remove its trade fixtures, office supplies and movable office
furniture and equipmenf not attached to the Building provided: (1) such removal is
made prior to the termination of the Term; (2) Tenant is not in default of any
obligation or cavenant under this Lease at the time of such removal; and (3) Tenant
promptly repairs all damage caused by such removal. All other properiy at fhe
Leased Premises and any alteration or addition to the Leased Premises (including
wall-to-wall carpeting, paneling or ot�er wall cnvering} and any other article attached
or affixed to the floor, wall or ceiling of the Leased Premises {any of wf�ich as stated
above shall require Landlard's prior written consent) shall became the property af
Landlord and shall remain t�pon and be surrendered with the Leased ��emises as
part thereof at the termination of this Lease, Tenant hereby waiving afl rights to any
paymen# or comper�sation therefor. If, however, Landlord so requests in writing,
Tenant will, priar to termination af this Lease, remave any and al[ alterations,
additions, fixtures, equipment and property placed or installed by it or at its request in
the Leased Premises an� will repair any damage ca�ased by such removal.
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AS5IGNIVi�N7
ANA
5UBL�TTWG
C�RTAIN
COV�NAN�'S
�F 7�NAN�'
ACC�SS �Y
LANA�ORD
'E3. Neither 1"enant nor Tenant's legal representatives or successars in interest
by operation of law or otherwise shall assign this Lease or sublease the Leased
Premises or any part thereof or mortgage, pl�dge, or hypathecate its leasehflld
interest or grant any concession or license within the Leased Premises an� any
attempt by Te�ant to do so shaii be an Event af Default (as hereinafter defined}
hereunder and such attempted act shall be void and of no effect.
14. A. The Tenant shafl not exE�ibik, sell ar ofFer far sale on the Leased Pr�mises
or in the Building any artic{e or thing (except thase articies and things essentially
eonnected with the stated use of the Leased Premises by the Tenant) withaut #he
advance consent of Landlord.
B. 7hE Tenant s�all not displsy, inscribe, print, peint, maintain or affix on ar�y place
in or about the Buiiding any sign, noiice, legend, direction, figure or advertisement
without the prior wri�ten consent from Land�ord.
C. No additional locks or similar devices shall �e aitached #o any daor or window
wit�out Landlord's prior written consent. No keys for any door other than those
prnvided by the Landlord shall be made. If mare than two keys for one lock are
desired, the Landlord will provide the same upon payment by the 7enant. All keys
must be returned #o t�e Landlord at the expiration or terrriination of this Lease.
D. Afi persons entEring or [eaving the Buiiding affer hours on Monday tf�rough Friday,
or at any time on Saturdays, Sundays or holidays, may be required to do so under
such regulations as #he Landlord may impose. The Landlord may excEude or expel
any peddler.
�. The sidewalks, halls, passages, exits, entranees, eleva#ors and sfairways shall
nat be obstructed by ti�e 7enant or used for any purpose other than far ingress ta or
egress from its Leased Premises.
F. Tenant shali not use, keep or permit to be used ar kept any foul or noxious gas or
substance in tE�e Leased Premises, or perrnit or suffer the L�ased Premises to be
occupied or Used in a manner offensive or objectionable to the Landlord or other
occupants of the Building by reason of noise, adors andlor vi�rations, or int�rfere in
any way with other tenants or those �aving business there, nar shall any animals ar
birds be brought in or kept i� or about the Leased Premises or the Building.
15. Landlord, its agents and employees shall have access to and the right to
enier upon the L�ased Premises at any reasanable time to examine tf�e conditlon
thereof, to make any repairs or alterations required to be made by Landlord
h.ereunder, to si�ow the Leased Premises to prospective purchasers, mortgagees or
tenants and for any other pur�ose deemed reasonable by Landlord.
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D�FAUL� AND
R�MkDl�S 16. A. �ach flf the following acts or omissio�s of 7enant or occurrences shall
c�nstitute an "�venk of Default:"
(4) Failure ar refusal by ienant to timely pay Rent o�' ofher �ayments
hereunde�.
(2) Failure to perform or observe any oiher covenant ar conditio� af khis
Lease by Tenant ta be pe�formed or observed prior to the expiration of a
period of ten (��) days fotkowing written notice to Tenant of such failure.
(3) Abandnnment or vacating of khe Leased Prernises or any significant
portion th�reof far a period in excess of ninety (90) days.
(4) The filing or execukion or occurr�nce of: A petikion in bankruptcy or other
insolvency proceeding by or against Tenant; or petition or answer seeking
relief under any provision of the Bankruptcy Act; or an assignment for the
benefi� of creditars or composition; or a petition or other proceeding by or
against the Tenant for the ap�ointrner�t of a trust��, receiver or liquidator of
Tenant or any of Tenant's property; or a proceeding by any gnvernmental
authori#y for the dissolution or liquidation of Tenant.
B. This Lease and the 7erm and estate hereby granted and the demise hereby
made are subject ta the limitation that if and whenever any Ev�nt af Default shall
occur, Landlord may, at its optian, in addikian to all other rights and rem�dies given
hereun�er or by law or equiky, do any one or more of the following:
{1) Terminate this L.ease, in which event Tenant shall immediately surrender
possessian af the L.eased Fremises to Land[ord.
(2) Enter upon and take possession of the Leased Premises and expel or
remove Tenank and any ather occupant therefrom, with or without having
terminated the l.ease.
(3) Alter locks and other security devic�s at the Leased Premises.
C. No such alteratiQn af s�curiky devices and no removal ar other exercise of
daminion by Landlord over khe property of Tenant or others at the Leased Premises
shall be deemed unauthorized ar constitute a conversion, Tenant hereby consenting,
after any Event of Default, to the aforesa�d exercise of dQminian over Tenant's
property within the Building. All claims for damages by reaso� of such re-en#ry
andlor repossession andlar alteration of locks ar other security de�ices are hereby
waived, as are all claims for damages by reason of any distress warrant, forcible
detainer proceedings, sequestration proceedings or other legal process. Tenar�t
agrees that any re-entry by Lar�dlord may be �ursuant to judgment obtained in
forcible de�ainer proceedings or other legal proceedings or without the necessity for
any legal proceedings, as Landlord may elect, and Lar�dlord shall not be liable in
trespass or otherwise.
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D. In the event Landlord elects ta terminate the Lease by r�asQn of an Event af
Default, then, notwithstanding such termination, Tenant shall be liable for and shall
pay to L.andlard ak Fart Worth, Tarrant Cvunty, Texas, the sum of all Rent and other
indebtedness accrued to the date of such termination.
E. In the event of any default by Landlord, Tenan�'s exclusive remedy shall be to
#erminate tfi�is Lease (7enant hereby waiving the benefit of any laws granting the right
to terminate this Lease, to a lien upon the properfy of Landlard andlor upon Rent due
Landlard), but prior to any such action `�enant will give Landlord written �otic�
specifying suc� default witf� particularity and Landlard shall thereupan have thirty (30)
days (plus such addikianal reasonable period as may be required in the exercise by
Landlord nf due diligence) in which to cure any such default. Unless and ur�til
Landlord fa�ls to so cure any default after such notice, Tenant shall not have any
femedy or cause of action by reasan thereof. All obligatians of �andlard hereunder
wip be canstrued as covenants, not canditions, and all such obligations will be
binding upon Landlord only during the period of ifs awnership of th� Buildi�g and not
thereafter. �andlard shall have np cor�arate liabifity for the performance of any
ob[igations hereunder, recourse by any party for default against Landlord being
limiteef to Landlord's interest in the Buiiding.
This lease will automaticaqy terminate thirty (30) days after tenant receives written
notice fram iis funding agencylagencies that it will nat recei�e grant funding for its
operatians in fhe feased premises. Tenant shap give the ]andlord capies of such
written natice.
The term "Landlord" shall mean only tf�e awner of the Building at the date of
comm�nc�ment of the Term, and in the event of khe transfer by such owner flf its
interest in the Building, such owner shall thereupon be released and discharged from
all cavenants and o�[igations of #he Landlord thereafter accruing, but such covenants
and obligations shall be binding during the Term upon each new own�r for the
duration of such owner's ownership.
NOfVWAIVER 17. �either acceptance of Rent by Landlord nor failure b�r Landlord to complain
any action, nonaction or default of Tenant shall constitute a waiver af any of
Landford's rights hereunder. Waiver by Landlord af any right fflr any default of
Tenant shall not constitute a waiver of any right for either a subsequenf default of the
same obligation or any other default.
NOiIC� 18. Any notice flr request which may or shall be given under the terms of this
�ease shall be in writing and shall be either deliv�red by hand to the Building
management affice (for Landlard} or #he Leased Premises (for Tenant} or sent �y
United 5tates Registered or Certified Mail, postage prepaid, addressed to the parties
hereto ai the respective addresses set out opposite t�eir names below. Such
addresses may be changed from time to time by either party giving notice as
pravided above. Notice shall be deemed given when deli�ered (if deliv�red by hand)
or when postmarked (if sent by mail).
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Tenant:
Landlord:
Tarrant County Callege District The Citv of �artWorth
Attn:
IU�1SC��-
�AN�OUS
INVALIDITY
OF
PARiICU�AR
PROVISIONS
19. A. In afl instances where Tenant is required hereunder to pay any sum ar da
any act ak a particular indicated time or wifhin an indicated period, it is undersiavd
that time is of fhe essence.
B. Under no circumstances whatsoever shall Landlord ever be liable here�nder
for consequential damages or special damages.
C, All monetary obligatians of �andlord and T�nant (including, without limitaiion,
any monetary obligation of L.andlord or Tenant for damag�s for any breach of the
respective covenan�s, duties or obligations af Landlord or Tenant hereunder) are
payabte exclusively in Fort Worth, Tarrant County, Texas.
D. In the event of variation or discrepancy between copies of t�is Lease,
Landlord's original copy sha11 control.
E. If, because of any act or omissior� of Tenant, its employees, agents,
contractors, or subcnntractors, any mechanic's fien or other lEen, charge ar order for
the payment of money shall be filed againsk Landlord ar against a!I or any portion of
the Leased Premises or the Building, Tenant shall, at its own cost and �xpense,
caus� the same to be discharged �f recard wikhin thirty (30} days after the filing
thereof, and Tenant shall indemnify and save harmless Landlord against and from all
costs, liabilifies, suits, penalties, claims and demands, including reasonable
attorneys' fees, resulting therefram.
20, If any cEause ar provision of this Lease is or becomes illegal, invalid or
unenforceable because of present or fukure laws ar any rule or regulakion of any
gavernmental �ody or entity, effe�tive during the Term, the intention of the parties
hereko is that t�e remaining parts of this Lease si�all not be affected thereby unless
such invalidity is, in the sole det�rmination of the Landlord, essential to the rights of
both parties, in which �vent �.andlord has the right, but not the obligatian, to terminate
this Lease on written notice to T�nant.
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SU�STIiU�E
F'R�MIS�S
ENTIRE
AGR�EM�NT
ARlC� �31NDIPIG
�I��ECY
21. Landlord shall have the right at any time during the Term, upan giving
Tenant not less than sixty (60) days prior written notice, to provide and furnish Tenant
wifh space elsewhere in the Building of approximat�ly the same size as the Leased
Premises and remove and place Tenank in such space, with Landlard to �ay alf
reasonabl� costs and expenses incurred as a result of such remo�al of Tenant.
ShouEd Tenan# refuse to permit Landlord #o r�ove Tenant to such new space at the
end of such sixty (60) day period, Landlord shall have the right tQ cancef an�
terminate this Lease effective ninety {90) days from the date af original natifiication by
Landlord. If Landlord moves Tenanf to such new s�ace, this Lease and each and all
of its terms, covenants and conditions shall remain in �ull force and effec# and be
deemed applicable to such new space and such new space shall thereafter be
deemed to be the Leased Premises as thougY� Landlord and Tenant had entered into
an express written amendment to this Lease with respect thereta.
22. This Lease, addenda or exhibifs signed by the parties canstitute the entire
agreement between Landlord and Tenant. No prior written or prior or
confemporaneous aral promises ar representatians shall be binding. This Lease
shall not be amended changed or extended except by written instrument signed by
both parties hereto. Paragraph captions are for can�enience only and neither limit
nor amplify the �ravisions af this Lease. The provisiflns of this Lease shall be binding
upon and inure to the benefit of the h�irs, executors, adrninistratars, successors and
assigns of the parties, but this provision shall in no way alter the restriction herein in
canneckian with assignment and subletting by T�nant.
C:IDocuments and Sattingslthompsc.CFWIDeslctop12�03 SUBLEASESITCC I�BDC LEASE, A�����c�o� ����
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�X G�D in muftipi�`�Cpunterpa� , each of200i�h shall have the force and effect vf an origina{,
on this the � day of ��[� ,
LAN�LORD
CITY OF FORT W�RTH
BY: _ � �� ; _ .;.....-
TG�NAN� - �
_ _ _ -- i �_ _��
Name: David A. Wells, PhD
Title: Provost '
AiT��YED BY _
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�tC�y 5�ecretary
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Contract Autharization
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APPROVE TO FOR AND LEGALITY
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Assi tant City torney
C:1Documents and 5ettingslthompse.CFVV1Desktop12003 SUBL�ASESITCC IS$DC LEASE, A�f�'L, LQV,S,�lO4
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Property Description
Lots 1, 2, 3 and 4, Block �08, Original Town of Fort Worth, an Addition to the City of Worth, Tarrant
County, Texas
C:IDocuments and Settingslthompsc.CFWlDesktop12003 SUBLEA5E51TCC ISBDC LEASE, A�R�1 . z(�tJ"� r?ap
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�'ity of �o�t Worth, T'exas
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DATE i�EFERENCE NUMBER LOG NAME PAGE
2l29/00 **�,-� ��3� I 02BAKER � , 1 of 2
s�B.��cr AUTHORIZATION TO AMEND THE LEASE BETWEEN THE CITY OF FORT WORTH
i A!�D FORT WORTH BAKER BUILDING, L.P. FOR THE FORT WORTH
CNTERNATEONAL CENTER
REC�MMENDATION:
i It is recommer�ded that t�e City Counci! authorize the City Iti/lanager to execut� a second amendment to
' the lease betwe�n the City of Fort Worth and Fart Worth Baker Buifding, L.P., dated March 28, �997
�(M&C L-11942}, leasing space in the Baker building for. the Fort Worth [nternational Center. The
amendrr�ent ren�ws ihe lease for an additional f�ve years, commencing April 1, 2Q00 ai an annua! rate
of $140,335.00 forthree years and an annua[ rate of $161,925.00 for �he last twa years.
DISCUSSfON:
The Fart Worth International Center accupies 10,795 square feet af offce space on th� ground floor of
the Baker Building, located at 11Q Wes# 7th Stre�t. �
A five-year lease amendment �as been nego#iated at the rate of $13.00 per square faot for the first
th�ee years and $15.OQ pe� square foat for the fast �two years. Of the $�40,335.OD annual rate for the
first three years, co-locators at t}�e �Intematiana! Cenier wil[ contribute $26,936.00, and af �he
$161,925.Q0 for the last two years, co-locators will confribute $31,pS0.Q0. The base rent will be s�bject
to annual adjustments far increases in aperating expenses of �the building aver and above #hose
established d�ring the � 999 base year, and Center tenants u�iil pay �roportionate shares accordingly.
Working together wiih international cammuniiy groups, the City af Fort Worth created the Fort Wort�
�nternatior�al Cen#er in 1997 to support international activiiies and provide services to Fort Warth
citizens interested in intern�tianal busi�ess, cul#ural exchange, education and service ac#i�ities.
Comprised of ien� difFerent internationa[ organizations, the Fort Werth Iniernationai Center enhances the
City's int�mational image, increases international relations and trade, an� creates greater opportuniti�s
and jobs far the citizens o� For� Worih. The Center is a publiclprivate partnership funded by the City of
�ort Warth and the organizations with offices in the Center. 5i�ce mid-9 997, organizations in the
Interr�ational Center have had a measurable economic impact of $13.9 million; �ro�ided 2,183
counseling sessions; and hasted over 2,1Q4 internationaj visitors and 13,5�� �omestic visitors.
Ca-locafors at the Fart Warth International Center:
American-Thai Education Foundations and Yonok Cal�ege
Fart Worth Hispanic Chamber�of Commerce -
Fort Wor�h 5ister Cities fnternationaf
City of Fori Worth Office o� International Affairs
City of Fort Worth Strategy 2000
Tarrant County Asiar� American Ghamber of Comm�rce
Tarrant Counljr Gallege's Internatiana! Small Business Develapment Cente�
U.S. Department af Commerce Fort Worth Expart Assistance Center
U.S.-Argent�na Chamber of Commerce
World Affairs Council of Greater Fort Worth
�'ity of Fo�t i�orth, T''exas
���� �r�d ��t����l ������r���ty��
DATE RE�ERENCE NIJMBER LOG NAME PAGE I
2129/00 **L�� 2731 i 02BAKER � 2 of 2
SUBJECT AUTHORiZATION TO AMEND THE LEASE BETWEEN THE CITY OF �'ORT WORTH
�ND FORT WORTH BAKER BUILDING, L.P. FDR THE FORT WORTH
i��lTE1�NAYIONA� CENTER
F'lSCAL 1NF�RMATIONICERTIFICATION:
"f h� Fi�ance L7irector certifies t�at funds are availabie in the �urrent aperaiing buoiget, as appropriaied,
of the General Fund. •
MG:j
Submitted for.City Manager's
Office by:'
T2amon Guajardo
Origina#ing Department Head:
Ricardo Roberto
Additional InformAtion Contact:
Jacqueline Bender
6�ao
212-2bG1
212-26b0
FUND I ACCOUI�T I CENi�R I AMOUNT , CTTY $ECRPTA.RY
(tQ)
I
�
(�a�) � APPROVED �/Z9/0U
GGQ1 537010 0028010 $7Q,167.50