HomeMy WebLinkAboutContract 32703-R1 CITY SECRETARY
CONTRACT
RENEWAL OF MANAGEMENT
AND LEASE AGREEMENT
WHEREAS City of Fort Worth ("Lessor") and the Fort Worth Community Arts Center
("Lessee") previously entered into that certain Management and Lease Agreement (the
"Agreement") (City Secretary No. 32703) as approved by M&C C-21072;
WHEREAS the initial term of the Agreement will terminate on October 31, 2010;
'WHEREAS Section 1.2 of the Agreement permits two successive renewal terms of five
years each; and
WHEREAS Lessor and Lessee wish to exercise the first five-year renewal option.
THEREFORE this Renewal of Management and Lease Agreement is made and entered
into between Lessor and Lessee for and in consideration of One Dollar ($1.00) and other
good and valuable consideration,receipt of which is hereby acknowledged.
1. Lessor and Lessee agree that effective November 1, 2010 the Lease shall be
extended for a term of five(5) years and shall expire on October 31, 2015.
2. All other terms and conditions of the Agreement remain unchanged and in full
force and effect.
EXECUTED this day of 010.
LESSOR: LESSEE:
CITY OF FORT WORTH FORT:W-Qj TH COMMUXITY ARTS CENTER
B Y � By:
T.M. Higgins, Asgs&t City Manager Name:
Title:
�4-po��tl,�t1
API'fZOVED A$T FORM AN
� °��
/ a °o° °° 0� NO 161-&Z
ry
Assistant City Attorney,, ti o `� � `Z
0 00 ICY
0000000 4y
ATTEST: he 45