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Home My WebLink AboutContract 48095-A1CSC No. 48095-A 1 FIRST AMENDMENT TO LEASE AGREEMENT FOR OFFICE SPACE BETWEEN THE CITY OF FORT WORTH AND ALLIANCE LENDING CORPORATION JA E. GUE'0 SCHOtU UILDIN( This First Amendment to the Lease Agreement for Office Space (City Secretary Contract No. 48095) ("First Amendment") is made and entered into by and between the City of Fort Worth, a homerule micipal co:p<>: tt ion of th,., \tte of Tc;;:: "Lesso/'\ <ting by F:d through it. duly authuri" d Assi<:LH:1 ityMa: Valeri:! a,.1:ington. \llianc, mling r:+.tion(" actin" and its duly uthorized :uc: utive D:rc:·rc:r, Jame•: :·,1okes Jr. WHEREAS on July 28, 2016 Fort Worth City Council approved, through Mayor & Coufr ommumc No. L ;, a cerb <ase Agr, iff:cnt for Space .. ease") Seer:.:!:,: ( ontracl 48095) 1 he Lessee· of on ately ,,quare f space second floor, designated as Suite No. 215 (the ·Leased Area·), in the bmldmg known as the "James Guinn School" located at 1150 South Freeway, Fort Worth, Tarrant County, Texas (the "Building"); and Secrc1 to th.:: and tc, othe: WHF contract \S the t,rn1 \8095-R the L.·a:, has beeJ1 1d 2026 WHEREAS Lessor and Lessee now wish to amend the Lease to relocate the Leased Area floor o: Building ::.vise th.· 10 refle, t th,. quare fo•;t.\he of the Leased Area. w the to certa1 space first fl:: the Bm for tem1<cn::; ·.· storagn herein. NOW THEREFORE, in consideration of the covenants and agreements set forth in the herein, and L. , agree to ·:td the L,,:,,,: ,1s follo,v, .. 1. PROPER''fY t.EASED. Paragraph 1 of the ease ''Pf'oper, v Leased • :s c.leletedentirety and revised to be and read as follows: Lesso I lease .,'ssee and ·:.·,ee hereh< k::1�es from .c.i:;,,r Suite 43, 144. open and st,r areas, unsisting :,pproximaL:l•, .063 sq:u:, ii.·et (the • d Area· depicted on Exhibit "A," attached hereto and hereby made a part of this Lease, on the first floor in the building known as the "James E. Guinn School" ("Building") located at 1150 South Freeway, Fort Worth, Tarrant Count, ~rcxas. reserve; right tP n:•1sign sp:ic; :Located Lc:,see in ,h:' Building. ,,ith reasor:J :-� ·,otice to c • 0 ce, if de,:n:,'d necessary .essor highest hcst use >uildim; 2.RENT. Paragraph 4 of the Lease "Rent" is deleted in its entirety and revised to be andread as follows: -:e shall Lessor, Buildinp •'ice, rent 109.06 month(:;; hted at $12.52 per square foot per year) without demand and without deduct10n, abatement, or setoff except as otherwise expressly provided for herein, and $34.06 per month for each phone line provided. All past install;;: of Ren1 bear at the high, st non-: : ;uus rate :,far::ieable b<.i L· sor to c•';ee from date due tl paid. First Amendment to the Lease Agreement for Office Space ::1nce Lewirn:,. (\lrporatim, : rc:s E. Guin;; \dwol 3. RENT ABATEMENT. As consideration for the Lessee's expenses related to the relocation of the Leased Area, the Lessee shall be provided rent abatement for seven (7) months, valued at $7,763.42, commencing on April 1, 2025. No rent will be due until November ], 2025. 4. STORAGE. In addition to the Leased Area, Lessor shall allow Lessee the exclusive use of the first floor Suite Nos. 106, 104, 105, lOSA, and lOSB, consisting of approximately 1,744 square ("Storage Area No. 1"), and Conference Room No. 135, consisting of approximately 313 squaxe feet ("Storage Area No. 1), (collectively, the "Storage Areas") totaling approximately 2,057 square feet, as further depicted in Exhibit "B," to be used for storage at no charge through September 30, 2025. If Lessee continues to use the Storage Areas after September 30, 2025, rent for the Storage Areas shall be $12.52 per square foot, totaling as follows: Storage Area No. 1: $1,819.57 per month Storage Area No. 2: $326.56 per month Lessee's use of the Storage Areas may at any tiine be terminated by Lessor, if deemed necessary by Lessor for the highest and best use of the Building. 5. CONFERENCE ROOMS. Lessor shall also allow Lessee the non-exclusive use of the second floor conference room, as depicted in Exhibit "C," to store Lessee's conference room table and chairs. Lessee's use of the second-floor conference room may at any time be terminated by Lessor, if deemed necessary by Lessor for the highest and best use of the Building. The first-floor conference rooms shall also be available for Lessee's non-exclusive use with the permission of Lessor. 6. EXPANSION OF LEASED AREA. In the event that the Lessee requires additional space, Lessee shall have the option to include conference room No. 135 on the �rst floor, as depicted in Exhibit "D," to the Leased Area at a base rental rate of $12.52 square feet totaling $326.56 per month. 7. All other terms and conditions of the Lease shall remain unchanged and in full force and effect. (SIGNATURES APPEAR ON THE FOLLOWING PAGE) First Amendment to the Lease Agreement for Office Space Alliance Lending Corporation James E. Guinn School In witness whereof, the parties hereto have caused this Lease to be executed effective April 1, 2025 ("Effective Date") LESSOR: CITY OF FORT WORTH, a Texas home-rule municipal corporation k'4'1e'!+::& By: ValJ!rie Washington (May 30, 2025 17:15 CDT) Valerie Washington Assistant City Manager Date: 05/30/2025 APPROVED BY: �if0� By: ___________ _Marilyn Marvin Director, Property Management Department Date: ____________ _ APPROVED AS TO FORM AND LEGALITY: Candace Paatiata B Candace Pagliara (May 30, 2'nfs 14:46 CDT) y: ------------M-attirew·*�·Murray Candace PagliaraAssistant City Attorney Date: 05/30/2025 ATTEST: �k � By: _u ____________ _ Jannette S. Goodall City Secretary Date: 06/02/2025 Form 1295: Contract Authorization: Not required M&C: Not required Date: First Amendment to the Lease Agreement for Office Space Alliance Lending Corporation James E. Guinn School LESSEE: CONTRACT COMPLIANCE MANAGER By signing, I acknowledge that I am the person responsible for the monitoring and administration of his contract, including ensuring all performance and reporting requirements Name: _"'�_?!!_o ,_1"_§�_,.,_,,,_14=�_c_,r1 ______ _ Lease Manager, Property Management Department Title: ____________ _ Date: 05/30/2025------------- Exhibit "A" Leased Area Leased Premises First Amendment to the Lease Agreement for Office Space Alliance Lending Corporation James E. Guinn School „o „ 43 OV['RAiI Fta�R PLAN +�n•- ra Exhibit "B" Storage Area #2 � 11*�'N I � �.�:.�Vj_� �4r � �. ...'l � ..o a ,.�. � �F � .1 �. �T,� (11 11V('Rktl_ F�rv7F aL:.V t't�- ��a 1{ �� ,,, � � �° I�u� � � � � �9`1 —L� � �1 r;;•.2 � AtR First Amendment to the Lease Agreement for Office Space Alliance Lending Corporation James E. Guinn School sw, .rr, � �� __� �-� �� i� �.� I_ � �� I s�� W } Storage Area #1 Exhibit "C" Seca�d Floor Conference Room . � � � ... .r• wr a�♦ � lr:� �� Y1J i9✓, bN r� � �} ., L � :'?`� f � II' ' 1 r '' ,\. : i /��rc_ �S� ` :�^t•�r:n � 1^ 'n--_:-Tr�s'�-��.�. / inci::rrnr�cnri:na,�_,.� "L' �.-� ,�. ,� � 1 {1J �(�' � ' 11 ' � '=��1=, I IA�I fY• rw I w• I uM � I �9• I �I�q � I IlOR7H 01 OVERALL FLOOR PIAN �'=+'d First Amendment to the Lease Agreement for Office Space Alliance Lending Corporation James E. Guinn School y� � • �.; - s=:�—t�--. ar � �ar 3 4 _ • .�r _ / U� , __ ! f-. ! s'� �.'�-� �— ,�� [R.� � `� I I Iw� 1�� 1�• Exhibit "D" Conference Room #135 First Amendment to the Lease Agreement for Office Space Alliance Lending Corporation James E. Guinn School ,,�Ai„ m nVERAtL F�O(?ft FLAN ua• - r�o