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HomeMy WebLinkAboutContract 27846 (2)LEASE AGREEIIZERTT ��-�y ��������� � � ��N7'�,qCi I�. sEe�o� i. PARTIES THTS LEASE is entered into by an.d between the City af Fort Worth, Texas, a hotne-rule municipal corpor�tion situated in Tarrant and Denton Counties, � Texas, hereinafter called "Lessaar," acting h�rein by and tbrough , its duly aut�orized Assistant City Manag�r, and �TEVEN B. �IlVIP�Ol� 8a BOBBY D. GARNER hereinafter re£erred ta as "L�ssee". SECTIOl�I' 2. LEASED PREIVIISES For a,nd in cons'ideration of the rental payments to he paid hereunder and the agreements of the parties e�pressed herein, Lessor does hereby lease, let and demise the property described as fallows: d50 HARMOAT ROAD more specifically d�scribed as: An S.0 acre tract of land situated in the E. Hapkins Survey, Abstract Na.646, Tarrant County, Texas, as recorded in Volume 8�?5/8732, Page 43012241of Deed Records of Tarrant County, Texas and the improvements located thereon, commonly known as 650 Harmon Road, Fori� Worth, Texas 7b177, and more specially described in Exhibit "A", attached hereto and incorporated herein. The prap�rty descxibed together with any and all structures, impro�ements, fns.tures and appurt�nances on, o�ver and under said praperty �ha11 be ref�rred ta herein as tlae "Leased Premises". �ECTI01� 3. LEASE TERIVI This lease sl�all be for a period of one (1) year commenci�g JULY 1, 2�02, az�� terminating on JUI�TE 30, 2�03, unless a prior termination is effected by either party hereto pursuant to the termination pra�ision:s expressed herein. T6is �ease may be renewed for a m�.ximum of two (2) successive pe:riods o�one (1) year each, provided that Lessee provides Lessor with written notice of its intent to renew on o:r befare thirty (30) days prior to the expiratian of the term of the lease or any successive renewa.l thereof. The sp�cifi�d wriiten notice shall be effective upon receip# by Lessor. The terms set forth herein �ha11 gavern and cantrol the relationship� of the parties h�reto during any renewal period, egcept the rental amaunt, whic� may be ad,jus#ed to fair market v�Iue. LESSOR�ESERVES THE RIGHT TU TERIVIINATE THE LEA�E AT THE END OF THE TER,IVI OR A1�Y SUCCESSIVE RE1�TE�AL THEREOF . REGARDLES� �F LESSEE'S IleT1'F�i�' TO R�llTEVV. .�. ._ SECTION 4. RE�ITAL PAYlVIE1�TS As consideration for this lease, Lessee agrees to pay Lessor manthly rental payments in ihe sum oi �1�TE THOUS�Tll TWU HUI'�DRED Dollars !$1.�OOAO said rent payabl� monthly and due in advance of the first day of each month. Paymen.ts must he received at the A�iation De artment, 4201 N. Main, Suite 20d, Fort Worth, Texas 761.�6 during � ���9�Ba[� �.. . � ��`� �[� ���G�� �j ° n,C����� �r�F, normal working hours by th� due date. Rent shall be considered past due if Lessor has noi received fu�l payment by the tenth (10�') day of eaeh month �nr which payment is due. Lessar will assess a late penalty charge af te:n per.cent (IO%j af the rental payments due per month in addition to the entire month's rent far each mvnth for which rent is past due. SECTIOl�T S. DEPOSIT (A)Lessee has depasited with Lessor, the s�xm of �600.00 receipt of vahich is acknowl�dged by Lessor, as security %r the fuil and faithful performanc� by Lessee af the terms, conditions, and covenants of this lease on Lessee's part to be performed and kept. This depasit does not consti�ute ad�ance payment of #he final rental pay�ent due under this lease, unless the express conditions specified in Subsection (I) are met. (B) Lessor agrees to hold such depas�ts for Lessee, and it fs undersiood that Lessor's c�aim to �ucb deposits shal[ be prior to any creditor of Lessee, excluding a trustee in bankruptcy. {C)Excluding the final rental payment to be made u�der this lease, if at any time during the �ease term, Lessee de�a�lts in the paymen.t o£ rent or any portion of ren� reserved in this lease, or of any other sums expressly canstituti�g rent, ather than advance rental payments, Lessor may apprapriate and apply any portian oith� security deposit as may be necessary #o the payment of the overdue rent or other sums expressly constit�,tting rent under this Iease. (D}If at any time during fhe lease term, Lessee should fail to repair any damage to the leased premises ik�at Lessee is requirec� to repair under the terms oi this leas� for a period greater than thirty (30) days after Lessor serves on Le�see written demand to make such repa.ir, then Lessor may apprapriate and apply any portion of the security deposit as may be reasonably necessary to make such repairs. (E) If o:� terminatxon of this tenancy for any �eason, Lessee does not leave the Ieased premises in a reasonably ciean condition and in good repaxr, excluding normal wear and tear, then Lessar may appropriate and apply any portion of �he security deposit as may be reasonably necess�ry ta put the premises in clean conditian and good repair. As used in this lease "normal wear and tear" means deterioration that resul�s from the intended use of dweIling, and does not includc deterioration thai results �£rom negligenee, carelessness, aceident, or abuse of the presnises by Lessee, by a member af Lessee's household, or by a request o�Lessee. (F) In the �vent actual cause e�.ists £ar retaining all or any portion of th� security deposit, Lessor shall return the balance of the security deposit, if any, toget�er with a written descriptivn and itemized list of all deductions. Such deductions shali be limited to damages a.�d charges far wliich Lessee is lega[Iy liable under this agreement or as a result of breaching this agreement. Lessor shall not be rec�uired ta fiirnish a description and itemiz�d list o£ deductions if there are any rentals due and unpaid at the tinc�e Lessee surrenders possession of ihe premises and there is no controversy over the amount of rentals due and unpazd. 2 (G)Within thirty {30) days afwhen Lessee surrenders the premises, any remaining portion of the securi�y, after any lawful deduct�ons as abo�e, shall be retumed to Lessee dir�cted to the addrass left by Lesses specifically far such purposes. HOWEVER, LESSE� SHALL NOT BE E1�dTITLED TO Alp]Y PORTiO1�T OF THIS SECUR�TY DEPOSIT AS A REFUI�TD U�TLESS LES�EE GIVE� LES�QR TH�RTY {30) DAYS �VRITTEl� NOTICE OF INTEE�TT TO SURRE�TDER THE PREIVII�ES. (H) Should Lessor tz'atxs£er Lessor's interest under tY:is l�ase in a�y manner, Lessor mus� do one of the £ollowing acts, either o� which will relieve Lessar of further liability with respect to such depo�its: (1} Transfer the portian of such deposit remaining after any lawful deduc#ions, as above, to the successor in interest, and thereafter notify Lessee by registered mail of the transfer and �he transferee's name and address. On receipt oFLessee of a state�nent signed by the successor in interest acknawledging receipt of and z`esponsibility for thc deposits, Lessor's sueeessor in interest shall have all of the obligations oiLessor with reapect to such deposits; or (2} Retum io Lessee the portion of such deposits rcmaining after any lawful deductions have been made. (I} If Lessee has provided notice af surrender af the Leased Premises in accordance wi�h . Subsection {G) herein, and Lessor, in its so�e discretian, determines that the leased premises are in sat�sfactory condition and have been maintained in goad repa�r, Le�see may elcct to have the baiance o� t�e security deposit applied ta Lessee's f�nal payment due under this lease agreement. � SECT`I�I� 6. PAYIVIEI�TT OF UTII�ITIES Lessee shall be responsible �ar the payment of all utilities. Lessee must pay promptly, as theq become due, alI chargEs for the furnishing o£ water, sewer, gas, electricity, garbage service, and ather pub�ic utilities to the leased premises dur�ng the term of this lea.se. SECT�Ol� 7. TAXES Lessee shall pay promptly all t�es, monthly charges, assessments and/or levies of a�y natuce or character whatso�ver which may be lawfully assessed, taxed, ��VL�fI OI Yriad� �gS1It5t the leaseho�d estate hereby creat�d andlor any impravements or persona.i property lacated on the Leased Premises. SECTI4N 8. RESIDEl�TI�iL The Leased Premises shall he used solely and exclusively for private residential. purposes for Lessee and their immediate family. Less�� further agrees that Lessee shall not conduct any commercial use at t�e Leased Premises without prior writt�n approval o£ Lessor aud anp unauthorized com�nercial use sha11 constitute a br�ac� of tk�is lease. SECTIOl�T 9. E�ICTIOIiT �llTD ABANDO�I�VIE�TT A. Lessor sha11 be entitled ta institute proceedi:ngs to evict Lessee from the premises, at any �ime �hat Lessee is in default under this lease or halds over af.ter the expira#ion of the l�ase term or any successive renewal terms, and Lessee hereby specifical�y waives any rights it may have to the following: 1. Notice by Lessor of terminafion a�the tenancy; 2. Any notice to vacate or quit the p�amises as specif'ied in the Texas Property Code, Section 24.005 (a); and 3. Any oth�r notices required by law. B. In the �vem the Lea�e is terininated for any :reasan ar Lessee abandons or is evicted from the premises, Lessor shall not be responsible for any real or personal property of Lessee remaining on the premises at the time of said evi�ction, ataandanment or termination, and said personal property shall be deemed abandoned by Less�e if ii remains an the premises at any time subsequent ta the termination of Lessee's lawiul passession af the premises. � SECTIOliT 10. COMPLI�CE WITH LAVi+S A1VD REGUL�TIOI�TS Lessee shall comply with all applicable Iaws, ordinances and regulatians prevailing in the jurisdiction in which the Leased Premises are located, including but not limited to federal, state, local laws and the City ordinances, ru1�;s, regulations and specifications. SECTIOliT 11. REPAIRS A. Lessee agrees that Lessee shall maintain the Leased Premises and keep same in good repair at Lessee's sole cast and expense. All maintenance, minor repairs �nd upkeep of the Leased Premises shall be in acco:rdance �vith al� applicable laws including City ardinances, rules, regulatians, and specifications. B. Lessor and L�ssee agree that Lessee will repair or remedy any of the follawin� conditians that accar durin� the lease term vr a renewal or egtension of the term provided the condition is not caused by the Lessar's negli�ence, such repairs and remedies to be m�de at the Lessee's expeuse; 1j dama�e fram wastewater sto�pa�es caused by foreign or improper ob�ects in lines tha� e�clusiveIy serve the Lessee's dwellin�; �) d�m�ge to doors, windows, or screens; a�d 3) dams�e from windows or doors leit open. This provision constitutes a waiver of #t�e Lessor's statutory duty to repair or remedy such conditions under Subchapter B, Chapfer 92 of the Te�as Prape�rt.y Code. This w�iver is made �owingly, vnlunt�ily, and for consideration, r�ceipt of which is acknowledged. This Provision does nat relieve the Lessor oi the statutory dut�r under Subchapter B, Ch�pter 92, of the Tegas Pro�erty Code to repair or remedy, at the Lessoar's expen�se, wastewater stappa�es ar backups caused by 0 deterioration, breakage, roots, �round condit�ons, fauity coasl.riuction, or malfunctionin� equipm,en� C_ Lessor hereby agarees to make any major repairs to the premises up to the amount af $1,500 per year upan written request af Lessee, hawever, if the cost �£the major repairs is more than. $1,500, Lessor wiil determine, at its soie discretion, whether to repair the prernises ar notiiy the Lessee that the lease will be terminated according to Seetion 1b. SECTION 12 HQLD4VER If the Lessee t�aldsov�:r after the lease or renewal periads expi�-e, a month-to-month tenancy shall 1�e created with all other terms in this agreement remainin� in effect, �cept that Lessor may gi�e Lessee 60 days notice to terminate. �ECTIOl�T �3. IlV.[PRD�EIi�IEI�IT� L�ssee shall nat construct any improvements ar structures on the premises without the prior written consen� of Lessor, and all im�ro�ements constructed on the premise� shall be con�tructed at Lessee'� sole ex}�ense. Lessee mus# maintain and protect all improvements, structures, fences or appurtenanceS existing on the Leased Pr�mises. Lessee covenants and agrees that Lessee shall not be entitled to any reimbursemcnt %r the cost or value of said improvements, structures, fences or appurtenances. In addition, on or before t�e termination date of this lease, Lessee shall be responsi�ale £or removing any real or persanal property owned or othet-wise belonging to L�ssee and not deemed to be the property of Lessor. The removal o£ all real and persanal praperty of Lessee shall be accompiished solely through Lessee's efforts a�d in remaving any Q� L�55��'S reai c�r gersanal prapertp fram the Leased Premises subsequent to the termination of this leas�. The Leased Premises shall be deerned to have be�n abandaned 6y Lessee if Lessee does not us� and occupy said pxemises in accordance with the purposes of this lease term or any successive renewal period. This lease shall be terminated upon th� abandonment of the Leased Premises �vithout notice to Lessee. �ECTIU�lT �.4. SMOKE DETECTOR ' A. Lessar must install at l��st ane smake detector in the Leased Prernises in �ccordance with Sections 92.255 and 92.257 oit�e Texas Property Code. B. LES�EE V�AIVE� THE RIGHTS Al�'D REIVIEDIES SET FORTH IN SECTTOI�T 9�.2�8 OF THE PROPERTY C4DE REGARDII�G LE�SUR'S STATUTORY DUTY TO Il�ISPECT A1�TD REPA�R THE �1VIOI�E DETECTOR Il�TSTALLED Il�T THE DWELLIllTG. C. Lessee agrees to inspect the smoke detector installed in the premises at the beginning afLessee's posses�ion and at regular intezvals o£three (3) months thereafier to deterrnine that i# is in goQd working order. Lessee must bear the cost o£repairing the smoke detectar. � SECTIOlii 1�. ASSIG��TT OR SUBLEA�ES Lessee shall not assign or sublet this lease without the prior written appra�al of Lessor, and any such unauthorized assignment or sublease shall constitute a breach of this lease. SECTIOI�T 16. TERMIItTATIO�T Lessor shall ha�a the right to terminate this Iease at any time for any reasan unrelated to Lessee's d�fault or breach o£ any of the terms expressed herein by giving Lessee thirty (30) days written notice prior to t�e intended termination date. Lessor fnay #errninate the lease immediately upon any default or breach af anp of the provisions �ereunder wi�hout any prior notice to Lessee. Said notices shall be deemed effective as af #he date they are mailed. If Lessee elects to terminate the lease because n� any alleged default or breach. by Lessor vr any lease provisions, Lessee shall be required to give Lessar immediate notice af said intention in writing s�ating speGifically the reasans there£ot' and allowing Lessar thirty (30) days after the date of Lessor's receipt of such notice to cure any or a11 default(s} or breach(es) specificd. in said notice. I£ the specified de£ault(s} or breach(es) o�L�ssor are cured within said thirty (30) day period, L�ssee shall be deemed to have waived said specified defa�lt(s) or breach(es}, and this lease shall continue to be effective unless terminated pursuant to same othe�r �rovisians spec�ed herein or by virtue of same subsequent uncured de£ault or breach of Lessor, in which case Lessor shall be entitled to any additional notice period required by the terms afthis lease. if t}�is lease is terminated under this Section, ar as a result o£ the expiration of �he lease term or any renevval period, neither party shall have any further obligation or liability to the 4ther under this 1�ase, except that Lesse� sha11 be liable for the breach of any term, cavenant or canditian contained in this lease occurring prior to t�e date of #he surrend�r of the premises by Lessee pursuant tQ the termination. Lessee shaIl b� bound by the terms, covenants and conditions expressed l�erein until Lessee surrenders the premises regardless of whether the date of �urrender coincides wi�h the date of termination of the lease. The waiver hy Lessar of any default ar breach of a term, cnvenant or candition of this �ease shall nat be deemed ta be a waiver o� any other breach af that term, covenant or conditian or of any other term, cov�nant or condition Qf this leas�, r�gardless of when thc breach occurred. Furth�r waiver by Lessor of any default or breach of a term, cov�nant or condition of tlus lease shall in no way impair the right af the Lessor io avail itself of any remedy for any subsequ�nt breach thereof. �ECTIOliT 1i. Il�TDENII�17FiCATZOhT LESSEE COVEI'1IAl�TS Al�TD AGR�E� TO REI.EA�E, IIYDT�l'IEY, HOLD HAR11!�LE�� AJ.lTI? DEFEI'�D LE�SOR, I.T'S OFF�GERS, AGENTS, �ERVAl�TTS AliTD E�PLOYEES, FROIVI AliTD AGAINST �TY A1�TD ALL CLAIl�IS OR SUiTS FOR PRQPERTY DAlVIAGE, PER�O�TAL IleTJURY, OR AliiY O'��R TYPE OF LOSS 4R ADVERSE CO.I�SEQUEPl'CE RELATED Il�T A1�TY W�iY TO THE E7�iISTEl�dCE OF TffiS LEASE OR T`HE IISE OR OCCUPAI�TCY QF THE LEASED PREli�T�E�, REGARDLES� 0 OF WHE I'HER TH� ACT OF OI�ISSI�N COI�IPLAII�TED �F RESULTS FROli'I THE ALLEGED 1�TEGL�GEI�TCE OR AliTY OTHER ACT OR Ol�[I��IO� OF LESSOR, LESSEE OR AI�Y 'rnuuy PARTY. SECT`ION �S. Il�SU1t�I�TCE Tt is hereY�y agreed that Lessee will provide L�ssor with a certi�cate of insurance doeumenting Liability insurance ai a minimum limit of $300,000 each occurrence as respects the property and premises addressed herein. The e#%ctive date of insurance coverage shall be commensurate with the term ofthe lease. Lessor sha11 he endorsed as an additianal insured i� the certificat�. The insurer of Lessee's liability imsurance shall be acceptable ta the Lessor inso£ar as the company's financial strength and solvency. The policy providing liabi3ity insurance shall be endorsed �o pro�ide Lessor with a minirnum thirty (30} day notice of cancellation, non-renewal or material change in coverage. Lessor's insurance requirements may be revised at Lessor's option, and Lessee sha11 respond accordingly within thirty (30) days o£ Lessee's receipt of a written notice of such requirement. Any failure on part o£ Lessor ta requ�st certification of insurance r�quired h�r�in shall not be construed as a wai�er o£ such requirement_ SECTIUliT �.9. 1�OTICES All notices required hereunder shall be sent to Lessor at the fo�lowing address certified mail, return receipt requested: Real Properf� Management City of Fort Worth 927 Tay�ar k'ort W�rth, Texas 76102 All notices of L�ssee shal! be sent to the following address c�rtified mail, return receipt requested: 650 Harmon Road Fort Worth, Te�as 7b177 Mailing of all notic�s pursuant to this Section shal� be deemed sufficient if mailed postage prepaid and addr�ss�d as specified above, unless either party has been notifi�d in writing of any change iz� the other party's address. All time periods relat�d to any notice requirements speeified in ihis lease shall cornrnence either on the date notice is mailed or on the date notice is received by the party to whom it is sent, depe�ding on the terms speeified in the Section requiring notice. 7 sEc�o� �a. E1vTII�E AGREE1bIE1�TT This lease shall canstitute the entire agreement of the parties of this lease and shall supersede any prior agreements of said parties, either oral or written, per�aining to the subjec# ma�ter specified her�in. SECTIOl� 21.. GOVERl�ING LAW AND VENUE This lease and the relations�ip created hereby shall be go�erned by the l�.ws o� the S�ate af T�;xas. Venue for any action braught to interpz`et or en£orce the terms nf this lease or for any l�reach o�this lease shall be in Tarrant Caunty, Texas. SECTI411T ��. 1�II�CELLANEOUS PRQVISIOI�TS A. This lease does not give Lessee any righi to use, mine, lease or atherwise derive any benefii from any ail, gas, coal, gra�el, minerals, trees or deposits of any type or nature, and title ta all of 5aid s�.bstances sl�all r.emain in Lessor. In addition, Lessee shall :aot have any righ� or claim to any damages or other monetary compensatian �ar or related ta any surface damage resulting from mining, drilling or other operations related to the remaval o£uti.lizatian af any such substanc�s. B. Lessee shall not commit nar allow �.ny waste to be committed on the Leased Premises, nor shall Lessee maintain, commit or permit the mxintenance or commissia� o� an� nuisance on t1�e Leased Premises nor use the Leased Pr�mises for any unlawful purpose. C. Lessee hereby represents that Lessee takes tk�e Leased Prernises_ in gaad canditian a�d the Leased Premises are suitable £or the purposes speaified herein. Lessee hereby waives the right to terminatc this lease ar sue for damages or pursue any other remedy against Lessor based on any patent or latent defects in, to or on the premises. D. With respect to conditions that maierially affect the physical health or safety of an ordinary tenant, Lessor must make a diligent effart to repair or remedy th� condition if Lessee spec�es the condition in a notice ta the Real Property M�nagement office, City af Fort Worth, 927 Taylor Street, Fort Warth, Texas 76102. Lessor is not required tv repair or rernedy such conditian if Lessee is delinquent in the payment af rent at the time of giving notice of the cvndition, other than normai wear a�nd tear, was caused d�ring ihe lease term by Lessee ar Lessee's family or g�est. D. Lessor reserve� the right to enter upon the Leased Premi�es at all reasonable tirnes £or t�c purpos� af insp�cting the premises or othenvise using the paremxses, pravided ihat any such entry does not conflict with L�ssee's rights hereunder. This lease shall be binding on the heirs, successors and lawful as�ignees or sublessees of Lessee and the �uccessors or Lessor. Any person or entity using or occupying tb.e Laased Prenr�ises witl�out a lawful ass�gnment or sublease shall be subject to all the 8 respansibilities and liab�lities of Lessee set forth hereunder and shall be subject to a11 the provisions regarding termination and eviction set forth herein. Any such person or entity shal� be deemed to be an agent ar representative of Lessee and shall be deemed to ha�+e noti.ce of t�e terms, covenants, and conditions of this lease. �ECTIOI�T 23. The term "Lessee" as used herein shajl also include th� agen�ts, representati�e, employees, invitees and licensees of Lessee. SYGNED this � ���day of i ATTEST: -n� C�- � � �S'�5�" �ity Secretary � , 200�. CITY F F4RT V�OR �r .� sistant Ci�Manager APPRO AS TO FQRIVI A1�1D LEGALITY: By Assi�ant C� tiorney �G -1.3�. 3 9 �`ont���ct At��.ho�ix��ic�� ���� 7� a �-D�. _. E .� essee: /�``^ 9 v , STE B. SIMPS�DN. D BOBBY D�. GARNER ! �����9�d ��C��a� � �I� ������� �" ��'r��l �k� a - • � � 1G��C�T��T� iG�l9 ,i111�JL�1 a� � ii.i� a6 � �� ; �.� 0 � a� � - - � - --�...._ ..' .� _.,� . � . � � �r A �� � ���T : o •� l f ..' --- _ o� ow �� ��_o _ol o�v�oo� i ' ` . 1 I� :� 0 1 � i 444.36� j � I� �a��mJ �� � m � _ - � _ -- +e. �e. �. .�es i�a �� � � -- �� �rv�� � L.��r 6.� oL �� � - - -�/—�, �J �, L L � �� �^_�_Y r�__�._ �i �'� r. w ry � 4�' � a r� �� � ' » M� Js� � ,�..� � � � .. ' � r . � `� ,� — . , s 77� �- 775' , __ ! � a . o Ac��s a � �� �. �, .,. _ .�/ /1 _ � �� I � � � - : �a �° � : ) � �-'�-� � o � � , - -- �-- - -- _. . �: , � . . ( - ' � 1 :�, _� � :� -� �_:�, .� _ _ � - - �, � _ � � � � �J � �4�0 H�itll+l�� RU'. �� - �"� l�-�� � =, _�,� _ J _,, J fi� Mei�Ef ii �Llf�ishl � •� . �� . � . . � r�—�� o o � r..o r� o o �� � � � � ...n d r� � � �: � � — ' s � `� �1� 1 � � �'' 6� ( -- � �'� � `. � � m.� � 3 ��.r,�r � - — � — �� � � � I ��a � _ � �m � �F o�_oo_oeao �=-a�.�e� — - � � s�.� ac � � �' �r�� � ��� � i � � 1O �� � �� � �sr �oo��oo �� . . � , ��. ' f.`�. � -- � �� � � � �����,� . . ; �'O�'1�;Y, 1�E�_ OF' WHO�� PROPE�i'�X �� ��. 0 ACR�S l_ 'a'O"�'�, AREA OF PAR'� TAIC]�Id � $. 0 ACR]�S € � � � � � � City of Fori T�ort�h, T'exas f��yor ��d C�unc�l �o��unica�t�or� �ATE FiEF�RENCE NUMBER LOG NAME PAGE ��2�a� *��A'f 3339 3a-650HARMON � of 1 SUBJEC7 AUTHORIZE A I.EASE AGREEMENT WITH STEVEN B. SIMP50N AND BOBBY D. GARNER FOR CITY-OWNED PROPERTY LOCATE� AT C50 HARMON RUAD (DQ� 0668) . RECOMMENDATION: It is recommended that the City Council: 1. A�thorize the City Manager to execu#e a iease agreement with Steven B. 5impson and Bobby D, Garner for City-owned property iacated at 65fl Harrrton Road far $1,2a0 per month; and 2. AUthorize this agreement to �egin JuEy 1, 2002, and expire June 3(}, 2043, w�th optior�s ta renew the leas� for two a�e-year periads, with . the provisian that the City may terminate this lease at the conclusion ofi eacn term. �15CUSSION: This property, which is located within the 65 LDN (Day-Night Sound Level), was purc�ased by the City to facilitafe noise mitigation at Alliance Airpart. The Engineering Department, Real Properky S�rv,ices ', Divisian, at ihe request of ti�e Aviation Depa�tment, marketed the property for lease. It is recommended that the praperty be leas�d to Steven B. Simpson and Bobby D. Garn�r for the period Juiy 1, 2002, to �iune 3Q, 2qQ3, with two one-year renewal options. The lease may be canceled by fhe City at the end of each term. ' The monihEy lease amount of $'1,2a0 was established based �tpon an ir�cfependent rental survey, exposure to the market, location, and conditinn of th� �xisting improv�ments. For the remainder of FY200�-20�2, revenue from this lease is expected #o be $3,600. Revenue during the full fiscal year will be $14,40a. The property is lacated in Tarrar�t County, Mapsco 7T. FISCA�. INFORMATIQNICERTiFICATlON: The �inance Ditector certifies t�at the Engineering Department, Real Praperty Services Divisian is responsible fior the collection of funds due to the Gity und�r this agreement. BG:k Submiitted #'or City Manager's Office hy: Bridgette Garrett/Acting Originating Department Flead: Douglas Rademaker Additlonal Infnrma#ion Contact: Lisa Pyles I FUND I ACCOUNT � CEiVT'ER � {to) � P�4a 24000a oa00000 fi140 I 6157 5403 (firom) I AMOUNT $3,sao.00 CI'1''Y S�CRETARY APPROVED p7/02/02 s � �i�� il c6��9 �.,.r� � �� � �.. ■ — � a. o ! f i1 �� � J ���y � . �. ' , a�.a�v � 1 �-s �.� o � � �/ � �� _� oo�__ __r� �__� � � � �, w� ! �� 444.36� j �� _ o �,y�, � � � , _ �� ��.. � � �. oe. �. ��es �; � ---- . �� _.,�� �_ � � :��o � t�ei ' ' �n 1 • No..a ea � � q , � n � a .sa yi �%g t � � %%J� � --- . 1 � 8 �. 0 ACRES a� � ;� '' � •`•� ' � �� I� ( ` � r .a 1 i � �� — � . -_ �� " .o� �� ���� 6�0 H�iR1VIOI�T RD. _ �. �rt 6� ���� �,� _ �� � �� � .� � _ _ .� � .� � � ��� �� ,�o=o���.a. �.� � �� a--� � e _.J � �� � � �1 �� � �.� � � ,�" � `.- --- �� � . �� � `/ r � � . /f _ '� `r...�J �n - � 1 M. f� �� o�� � � �� . `�� i��� : �°� � 1 .� . _� __� .��.�d��� � ��. - fl.� � ���_� � � � �, . o�� ��oo�� _ ,ao� � -- ---- A - .�� J � � � I � �. _ I� 1 1 ( I �;.�� (��'� �� � � �1 se .�ds.��� • �1�\ ��� L � . , tat� C.6�a C.a Snosv��r r� TOT,�x, �_ o� r�oL� pRopE��x .�= �'� s. a�c�s T�TAL � 1Q►REA OF PART TAI��i � 8. 0 A�RES ��1 3.