Loading...
HomeMy WebLinkAboutContract 59690-R1CSC No. 59690-Rl FIRST RENEWAL TO PARKING GARAGE LICENSE AGREEMENT This PARKING GARAGE LICENSE AGREEMENT RENEWAL under City Secretary Contract No. 59690 ("Renewal") is made and entered into by and between the CITY OF FORT WORTH ("City"), a home rule municipal corporation under the State of Texas, acting by and through its duly authorized Assistant City Manager, and THE TEXAS A&M UNIVERSITY SYSTEM ("Tenant"). City and Tenant may be referred to herein as a "Party" or the "Parties." WHEREAS, The City and Tenant entered into a Parking Garage License Agreement ("Agreement") (City Secretary Contract No. 59690) effective as of August 1, 2023, with The Texas A&M University System ("Tenant"); WHEREAS City granted Tenant a non-exclusive use of 250 unassigned spaces in the Commerce Street Parking Garage and 150 unassigned spaces in the Houston Street Parking Garage for Tenant students, faculty and staff parking in accordance with the terms and conditions of the Agreement; WHEREAS, the initial term of the Agreement was for two years, commencing on August 1, 2023, and ending on August 31, 2025; and WHEREAS Tenant has requested, and the City agrees to renew the Agreement for an additional one-year term in accordance with the terms and conditions of the Agreement. NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, City and Tenant hereby agree as follows: 1.The Agreement is hereby renewed and extended for a renewal term of one ( 1) year, commencing on September 1, 2025 and expiring on August 31, 2026. 2.All other terms and conditions of the Agreement 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 City and Tenant have entered into this Agreement. The Agreement is a public document on file in City's City Secretary Office and is incorporated herein by reference for all purposes. (SIGNATURES APPEAR ON FOLLOWING PAGES) First Renewal to Parking Garage License Agreement -Texas A&M CSC No. ACCEPTED AND AGREED: City: Tenant: By: VaJerie Washington (Sep 26, 2025 11:36:44 CDT) By: Name: Valerie Washington Name: Susan Ballabina Title: Assistant City Manager Title: Executive Vice Chancellor Date: 09/26/2025 Date: 09/12/2025 CITY OF FORT WORTH INTERNAL ROUTING PROCESS: Approval Recommended: By: Name: Roger Venables Title: Aviation System Director Approved as to Form and Legality: 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: Peter Elliott Title: Administrative Services Mgr, City of Fort � Worth Transpo1tation and Public Works �·�t.?�--=::::>-City Secretary:By: Name: Thomas Royce Hansen Title: Assistant City Attorney Contract Authorization: M&C: 23-0563 By: �A� Name: Jannette S. Goodall Title: City Secretary City of Fort Worth, Mayor and Texas Council Communication DATE: 06/27/23 M&C FILE NUMBER: M&C 23-0563 LOG NAME: 21TEXAS A&M PARKING AGREEMENT SUBJECT (CD 9) Authorize the Negotiation and Execution of a Parking License Agreement for the Lease of Up to 400 Parking Spaces Located at 1200 Houston Street and 1301 Commerce Street with Texas A&M University System in Support of the Texas A&M Fort Worth Campus Project RECOMMENDATION: It is recommended that the City Council authorize the negotiation and execution of a parking license agreement for the lease of up to 400 parking spaces located at 1200 Houston Street and 1301 Commerce Street in support of the Texas A&M Fort Worth Campus project. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to seek authorization from the City Council to license up to 400 unassigned parking spaces (License) located at 1200 Houston Street (Houston Street Garage) and 1301 Commerce Street (Commerce Street Garage) to Texas A&M University System (A&M) in support of the Texas A&M Fort Worth Campus project (Project). The License will allow faculty, staff, and students of A&M to access to the Houston Street Garage and Commerce Street Garage and unassigned parking spaces during the construction of the new Law and Education building and the development of the remaining campus buildings. The general terms of the License are as follows: • Two (2) year initial term with (1) year renewals upon mutual agreement of the parties. • Rate structure of $60.00/per access card per month during the initial term of the Lease. • Access cards will be issued for up to 400 unassigned parking spaces, including up to 150 spaces in the Houston Street Garage and up to 250 spaces in the Commerce Street Garage, all available on a first-come first-serve basis from 6:�0 a.m. to 10:00 p.m. A Form 1295 is not required because: This contract will be with a governmental entiry, state agency or public institution of higher education: Texas A&M University System FISCAL INFORMATION I CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendation and execution of the lease agreement, funds will be deposited into the Muncipal Parking Fund. The Transportation and Public Works Department (and Financial Management Services) is responsible for the collection and deposit of funds due to the City. Submitted for City Manager's Office b� Dana Burghdoff 8018 Originating Business Unit Head: Steve Cooke 5134 Additional Information Contact: Roger Venables 6334 Ricky Salazar 8379 Expedited