HomeMy WebLinkAboutContract 48142-R2CSC No. 48142-R2
SECOND RENEWAL
FOR CITY SECRETARY CONTRACT NO. 48142
FORT WORTH MEACHAM INTERNATIONAL AIRPORT
HANGAR AND GROUND LEASE AGREEMENT
LEASE SITE 34S
This SECOND RENEWAL TO CITY SECRETARY CONTRACT NO. 48142
("RENEWAL") is made and entered into by and between the CITY OF FORT WORTH
("Lessor"), a home rule municipal corporation organized under the laws of the State of Texas and
300 SERIES AVIATION, LLC ("Lessee"), an Texas Limited Liability Company, acting by and
through PAUL NUS its duly authorized PRESIDENT, each individually referred to as a
"party" and collectively referred to as the "parties."
RECITALS
The following statements are true and correct and form the basis of this Agreement.
WHEREAS, On or about August 31, 2016, Lessor and Lessee entered into City Secretary
Contract ("CSC") No. 48142, a Hangar and Ground Lease for the lease and use of real property
known as Lease Site 34S, and any improvements and facilities thereon ("Leased Premises") at
Fort Worth Meacham International Airport ("Airport') hereinafter referred to as the Lease; and
WHEREAS, the Lease provides for a three (3) year initial term with options for up to
two, five-year renewal terms; and
WHEREAS, on September 1, 2019, the Lessee exercised the first renewal through CSC
No. 48142-R1, which is scheduled to expire on August 31, 2024; and
WHEREAS, the Lessor and Lessee wish to exercise the second and final renewal term
provided under the Lease, commencing on September 1, 2024 and ending on August 31, 2029.
NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of
which are hereby acknowledged, Lessor and Lessee hereby agree as follows:
1. The Lease is hereby renewed and extended for the second and final permitted renewal term
of five (5) years, commencing on September 1, 2024 and expiring on August 31, 2029.
2. In accordance with the established Schedule of Rates and Charges, this lease site of 7,999
square feet of Ground Space at the current Lease rate of $0.47 per square foot will generate revenue
of $3,759.53 per year or $313.29 monthly and 2,100 square feet of Hangar Space at the current
Fort Worth Meacham International Airport
300 Series Aviation, LLC
Renewal Option No. 2 to CSC No. 48142
Pagel of 4
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Lease fate of $2,609.80 per year or $217.48 per month.
3. All other terms and conditions of the Lease shall remain in full force and effect. The
statements set forth in the recitals above are true and correct and form the basis upon which Lessor
and Lessee have entered into this Agreement. The Lease is a public document on file in Lessor's
City Secretary's Office and is incorporated herein by reference for all purposes.
All other provisions and conditions of the Lease that are not expressly amended herein or
directly in conflict with the provisions and conditions of this Amendment shall remain in full
force and effect.
[Signature Pages Follow]
Port Worth Meacham International Airport
300 Series Aviation, LLC
Renewal Option No. 2 to CSC No. 48142
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiples
on this the day of , 2024.
CITY OF FORT WORTH:
✓a0.._W"art.
By Valerie Washington (Aug 7, 202409:41 CDT)
Valerie Washington
Assistant City Manager
Date: Aug 7, 2024
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on
this day personally appeared Valerie Washington, known to me to be the person whose name is
subscribed to the foregoing instrument, and acknowledged to me that the same was the act of the
City of Fort Worth and that he executed the same as the act of the City of Fort Worth for the
purposes and consideration therein expressed and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day
2024-
—. — AUg �, 2024
<Pa°P�a BROOKE BONNELL
=®� Notary Public
STATE OF TEXAS
9�oFP Notary I.D. 134009525
r
My Comm. Exp. Oct. 11, 2026
BrookeBonnell (Aug8, 2024 08:33 CDT)
Notary Public in and for the State of Texas
APPROVED AS TO FORM
AND LEGALITY:
.Ankta 7ila�ua.L
By:
Jeremy Anato-Mensah
Assistant City Attorney
M&C: C-27867
Approval Date: 8/16/2016
Fort Worth Meacham International Airport
300 Series Aviation, LLC
Renewal Option No. 2 to CSC No. 48142
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By.
Jannette S. Goodall
City Secretary
KC
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
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.
l32e62uLee�
Barbara Goodwin
Real Property Manager
LESSEE: ATTEST:
PAUL U
By v By:
7/0'Date:
STATE OF TEXAS
COUNTY OF TARRANT
BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on
this day personally appeared Paul Nus, known to me to be the person whose name is subscribed to
the foregoing instrument, and acknowledged to me that the same was the act of Paul Nus and that
s/he executed the same as the act of 300 Series Aviation, LLC for the purposes and consideration
therein expressed and in the capacity therein stated.
�G GIVEN DES MY HAND AND SEAL OF OFFICE this n�� �1ti day
-0 '` 1 )2024.
&� ANGELA D. CHRISP _ �►\D
:'N ipL''P
`'
Notary Public, State of Texea
' Notary ublic in and for the State f Texas
Comm. Expires 03.18-2028
Notary ID 134812443 `
Port Worth Meacham International Airport
300 Series Aviation, LLC
Renewal option No. 2 to CSC No. 48142
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