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HomeMy WebLinkAboutContract 37325-A1 CITY SECRETARY CONTRACT N0. 7 AMENDMENT TO LEASE AGREEMENT This Amendment to Lease Agreement ("Amendment") is entered into as of May 31, 2012, by and between Texas Christian University ("Lessor"), and the City of Fort Worth, a municipal corporation, acting by and through its duly authorized representative ("Lessee"). RECITALS A. Lessor and Lessee entered into a certain Lease Agreement dated June 1, 2008 (as renewed, City Secretary Contract Nos. 37325 and 39812) (collectively, the "Lease"), involving premises more particularly described therein. B. Lessor and Lessee now desire to amend the Lease as described below. AGREEMENT NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Lessor and Lessee agree as follows: 1. Extension of Lease Term. The first sentence of Section 3 of the Lease is hereby deleted and the following substuted therefore: "This Lease shall be for a period of six years, commencing on June 1, 2008 and terminating on May 31, 2014, unless a prior termination is effected by either Lessor or Lessee under the termination provisions of this Lease." 2. Renewal Options. The Second paragraph of Section 3 of the Lease is hereby deleted and the following substituted therefor: "This Lease may be renewed for a successive term of twelve (12) months for up to a maximum of five (5) successive terms, provided that Lessee notifies Lessor in writing of its intent to extend on or before thirty(30) days prior to the expiration of the Lease or any extension thereof. Upon delivery of such notice, the Lease shall be deemed automatically extended on the same terms and conditions as provided in the Lease. The terms of this Lease shall continue to govern and control the relationship of the parties during any extensions." 3. Lessee Acknowledgement. Lessee acknowledges and agrees that (a) Lessor has performed all of its obligations under the Lease, and (b) there are no offsets, claims or defenses to the payment of rent and the performance of the other obligations of Lessee under the Lease. 4. Miscellaneous. The Lease, as amended hereby, remains in full force and effect. Capitalized terms not defined herein have the meanings assigned in the Lease. This Amendment may be signed in separate counterparts. OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX IN WITNESS WHEREOF, this Amendment has been duly executed in multiple counterparts by the parties hereto as of the date and year first written above. LESSOR: Texas Christian U ive sity By: � Name: is Title: J)i rc1�'o� •�('�rrM.irr .mot i^. LESSEE: City of Fort W h By: harles Daniels, Assistant City Manager App,oved as to form and legality: ICY oFOgra�� ssistant City Attome VL �: p°°° �� ° ko 0 0 O�d . o • a� % 00 y �00000000 T �a�n -nSMary J. er Ity secretary OFFICIAL RECORD CITY SECRETARY FT,WORTH,TX Contract huthorizatiOX l���p City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 6/5/2012 DATE: Tuesday, June 05, 2012 REFERENCE NO.: **L-15370 LOG NAME: 17290OWBERRY SUBJECT: Authorize Execution of a Lease Renewal with Texas Christian University for Office Space of Approximately 902 Square Feet Located at 2900 West Berry Street for the Police Department (COUNCIL DISTRICT 9) RECOMMENDATION: It is recommended that the City Council authorize the execution of a lease renewal with Texas Christian University for office space of approximately 902 square feet located at 2900 West Berry Street for the Police Department. DISCUSSION: The Housing and Economic Development Department, Real Property Services Division, at the request of the Police Department, has negotiated the lease of space to be utilized as a police storefront. The lease term will be for two years, beginning on June 1, 2012, and terminate on May 31, 2014, with five one year options to renew. The rent is$1.00 per year. Under the terms of the lease, the City of Fort Worth is responsible for telephone and utility payments, with the exception of water. The Police Department has occupied this space since June, 1997. RENEWAL OPTIONS -This Agreement may be renewed for up to five successive one year terms at the City's option. This action does not require specific City Council approval provided that the City Council has appropriated sufficient funds to satisfy the City's obligation during the renewal term. This property is located in COUNCIL DISTRICT 9. FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that funds are available in the current operating budget, as appropriated, in the Crime Control and Prevention District Fund. FUND CENTERS: TO Fund/AccounVCenters FROM Fund/Account/Centers GR79 539120 0359501 1.00 CERTIFICATIONS: Submitted for City Manager's Office by: Charles Daniels (6199) Originating Department Head: Jesus Chapa (5804) Robin Bentley (7315) Additional Information Contact: Cynthia Garcia (8187) ATTACHMENTS 1 GR79-539120-0359501 doc (CFW Internal) Logname: 17290OWBERRY Page 1 of 1