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HomeMy WebLinkAboutContract 60290-A1CSC No. 60290-Al FIRST AMENDMENT TO THE LEASE AGREEMENT This FIRST AMENDMENT ("AMENDMENT") OF FORT WORTH CITY SECRETARY CONTRACT (CSC) NO. 60290 is made and entered into by and between the City of Fort Worth, a home -rule municipal corporation of the State of Texas ("City"), acting herein by and through Dana Burghdoff, its duly authorized Assistant City Manager, and Gridiron Air, LLC, acting by and through its duly authorized President and CEO, Paul Kirby ("Tenant"). City and Tenant are individually referred to as a "party" and collectively referred to as the "parties". WHEREAS, the City entered into a Facility Lease Agreement (City Secretary Contract No. 60290) ("Lease") with Tenant on October 16, 2023 to lease approximately 35,150 square feet of space in the Parts Building #11 located at 2008 Eagle Parkway, Fort Worth, Texas 76177 at the Alliance Fort Worth Maintenance Facility ("Premises"); and WHEREAS, the parties agree that Tenant will increase the occupied space to 42,139 square feet of the Premises, as described in Exhibit "A" in this Amendment, and WHEREAS, the parties agree that the Leased Fee will increase to $24,000.00 per month to use the Premises during the term; and WHEREAS, the Lease renewals are due to expire January 13, 2023 and the parties agree to add two (2) additional, automatic and successive thirty (30) day renewals to expire March 13, 2024. These renewals and the terms herein are intended to provide the parties with adequate time to conclude negotiations for an extended long-term lease of the Premises; and NOW THEREFORE, in consideration of the terms set forth in the Lease, the parties agree to amend the Lease Agreement as of the executed date of this Amendment as follows: 1. Paragraph 1 (Premises) is hereby amended by deleting "35,150 square feet of space" and inserting "42,139 square feet of space." 2. Paragraph 3 (Lease Term) is deleted in its entirety and replaced with the following: The term of this Lease shall commence on the date of its execution ("Effective Date"), as shown on page 7 in this Agreement and expire thirty (30) days from the Effective Date. The term shall be automatically extended for four (4) additional, successive thirty (30) day periods. This Lease may be terminated by either party, for any reason, by providing the other party with no less than thirty (30) days written notice prior to the effective date of such termination. 3. Paragraph 4 (Lease Fee; Time of essence) is amended by deleting "$20,000.00 per month" and inserting "$24,000 per month." OFFICIAL RECORD First Amendment to City Secretary Contract No. 60290 CITY SECRETARY FT. WORTH, TX 4. The Existing Exhibit "A" in the Lease is replaced with Exhibit "A" in this Amendment. All other terms and conditions of the Lease remain unchanged and in full force and effect. EXECUTED this / 9 day of �1���1��0�, 2023. LESSOR: LESSEE: CITY OF FORT WORTH ""'a 8rcy�Gcr7� Dana Burghdoff (Dec Q 2023 � :32 CST) Dana Burghdoff Assistant City Manager GRIDIRON AIR, LLC A DELAWARE LIMITED LIABI ITY C ANY By: TitIe:�P� �i�lrvii_�/ ��?Ple- Date: CONTRACT COMPLIANCE MANAGER By signing, I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. Name: Mark Brown (Dec 18, 2023 14:34 CST) Title: Lease Manager, Property Management Department APPROVED AS TO FORM AND LEGALITY: By: Jeremy Anato-Mensah Assistant City Attorney ATTEST: x of FORT�ad O9 o V ~� Ovo 0=4 By: d d Jannette S. Goodall City Secretary b nEXA?a Form 1295: NA M&C: NA z3 First Amendment to City Secretary Contract No. 60290 OFFICIAL RECORD CITY SECRETARY 2 FT. WORTH, TX Exhibit "A" Premises highlighted in yellow E f 1: �i Leased Premise 42,139 soft --- ------------ LEVEL 5 FLAN First Amendment to City Secretary Contract No. 60290 3