HomeMy WebLinkAboutContract 27846 (2)LEASE AGREEIIZERTT ��-�y ��������� � �
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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
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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�
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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
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