HomeMy WebLinkAboutContract 35126-R1 CONTRACT N0.FORTWORTH
Ron Crabtree
Monroe Street Professional Building
2400 Ellis
Fort Worth, TX 76164
Re: First Renewal of Lease Agreement between the City of Fort Worth("Tenant") and
Monroe Street Professional Building ("Landlord") for 4,604 sf at 900 Monroe, Suite 404
("Leased Premises") (as previously amended, the"Lease") (City Secretary Contract No.
35126)
Dear Mr. Crabtree:
This letter is to confirm our agreement as to the first renewal term of the Lease.
The Lease term originally began on March 1, 2007 with a termination date of
February 28, 2012. The Lease contemplates two additional renewal terms, the first
beginning March 1, 2012 and terminating on February 28, 2017.
Tenant would like to exercise the first option to renew the lease, and Landlord
agrees to grant such extension. The Lease contemplates a rental rate during the first
renewal term of$16.00/sf. The parties agree to change this rate to $14.50/sf
This letter agreement is to document that the parties mutually agree to extend the
term of the lease until February 28, 2017, and that the rental rate during the first renewal
term will be$14.50/sf.
The signatures below indicate each party's concurrence with these terms. This
letter agreement has the same authority as an amendment to the Lease, and will be
recorded in the Office of the City Secretary of Fort Worth.
[SIGNATURES ON FOLLOWING PAGE]
0i FFICIAL RECORD'
CITY SECRETARY
FT. WORTH, rx
CITY OF FORT NORTH
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Fernando Costa,
Assistant City Manager
APPROVED AS TO FORM AND LEGALITY:
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Attested by
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L'6ann D. Guzman,
Nl ,ry J. er, $8Cr8tA><y Assistant City Attorney
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NO M&C,REQUIRED
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Ron Crabtree, President
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX.