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HomeMy WebLinkAboutContract 28581/ CIY Y ���R�i�aR�P ���f ��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. C:1Documenis and Settingslthompsc.GFWIDesktap12003 SUBLEASESITCC ISBDC LEASE, AI�R��(l�„�n� ,��� ' j ��� � _,..�vo���° � � ������, ���, 1 �:. 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, C:1Dacuments and Sertingslthompsc.CFWlDesktop120D3 SLJBLEASESITCC iSBDC LEASE, �i�,Is,� �;pQ����lq� , n� 1 2 `l)��i �9d'� �'���d��G�� 1 �g, s������, g��, 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. C:1Documents and 5ettingslthoinpsc.CFWIDeslctop12003 SUBLEASESITCC jSBDC LEASE, AI���.�Q:Q:"�:�ir�c ,�� 3 � � ���� �}��V�L���� �! �� `���� 1� � ��6�. � �.-�--� 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. C;IDocuments and Settingsltl�ompsc.CFWlDesktop12003 SUBLEA�ESITCC ISBDC L�ASE, A �,cl.i��,doc 4 � , �Y�� `.�9 � �' `�������� ' ���� �':�1���� Y��. 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. C:1Documents and Settingsltl�ompsc.CFWlDesktop12003 SLIBLEASESITCC ISBDC LEASE, A�R,�,y;j'��n�ays ;��� S � '����` �������� , 1��, ������, ���, 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. C:1Documents and 5ettingslthom�sc.CFWlDeslctopl2a03 SUBLEASESITCC ISBDC LEASE, AP�.,;�,Tjt} ;:p�c " 6 � ' r:U , �I�� ��� °���'�11' ��. °������, ���� 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). C:1Documents and 5ett�ugslthampsc.CFWlDesktop12��3 SUBLEASE5ITCC iSBDC LEASE, A�l��,,���0'�,�p�: 7 + � �. *� 'i �6 ,�N��.��� ��!!Yi � 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. C:1Documents and Seitingslthompsc.CFWl�esktop12003 SUBLEASESITCC ISBDG LEASE, A�R1�,�,��U�;e�%Oc� '. � 8 vJV�f ��lJv���r„�;.� . I; ��, ������, ���. 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� ���� 9 L���� �������� ��. ������ ���. �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 _ � , I ' , - �� � /.�la � _ . " �tC�y 5�ecretary � -� d� ��3 7 Contract Autharization Q�te: ��� � /� d . � APPROVE TO FOR AND LEGALITY � ...___ Assi tant City torney C:1Documents and 5ettingslthompse.CFVV1Desktop12003 SUBL�ASESITCC IS$DC LEASE, A�f�'L, LQV,S,�lO4 �0 i � �XMBfi "A" 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 I 1 �' �SU � ��e�� �������� , ��a :�'�����, Y��. �'ity of �o�t Worth, T'exas �ry�� ��� ��c����� ��rt���r����t��rt 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