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Home My WebLink About041119-R1 - General - Contract - Texas Capitalization Resource Group, Inc.CSC No. 41119-Rl FIRST RENEWAL FOR CITY SECRETARY CONTRACT NO. 41119 FORT WORTH MEACHAM INTERNATIONAL AIRPORT UNIMPROVED GROUND LEASE AGREEMENT LEASE SITE NO. 9 (HANGAR 8S) This FIRST RENEWAL TO CITY SECRETARY CONTRACT NO. 41119 ("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 TEXAS CAPITALIZATION RESOURCE GROUP, INC. ("Lessee"), a Texas Corporation, acting by and through ROBERT L. PATTON, JR. 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 November 17, 2010, Lessor and Don E. Hansen entered into City Secretary Contract ("CSC ") No. 41119, an Unimproved Ground Lease for the lease and use of real property known as Lease Site No. 9 (Hangar 8S) and any improvements and facilities thereon ("Leased Premises") at Fort Worth Meacham International Airport") hereinafter referred to as the Lease; WHEREAS, the Initial Term of the Lease expires on May 31, 2026, with two (2) options to renew for an additional five (5) years each; WHEREAS, On or about May 01, 2012, through Mayor and Council Communications (M&C) C-25586 City Council authorized a Consent to Assignment (CSC 41119-CAI) of the Lease to Lessee; and WHEREAS, the Lessor and Lessee wish to exercise the first renewal term provided under the Lease, commencing on June 1, 2026, and ending on May 31, 2031. 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 first permitted renewal term of five (5) years, commencing on June 1, 2026 and expiring on May 31, 2031. 2. In accordance with the established Schedule of Rates and Charges, this lease site of 39,959.30 square feet of Ground Space at the current lease rate of $0.49 per square foot will generate revenue of $19,580.06 per year or $1,631.67. OFFICIAL RECORD CITY SECRETARY Fort Worth Meacham International Airport Texas Capitalization Resource Group, Inc. FT. WORTH, TX Renewal Option No. 1 to CSC No. 41119 Pagel of 4 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] Fort Worth Meacham International Airport Texas Capitalization Resource Group, Inc. Renewal Option No. 1 to CSC No. 41119 Page 2 of 4 IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiples on this the 14th day of April , 2026. CITY OF FORT WORTH: ✓4, By: Valerie Washington (Apr 14, 2026 10:26:09 CDT) Valerie Washington Assistant City Manager Date: 04/14/2026 STATE OF TEXAS § COUNTY OF TARRANT § B:� Y Roger M. Venables Aviation Systems Director 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. April GIVEN UNDER MY HAND AND SEAL OF OFFICE this 14th .2026. 3Y ANGELA D.CHRISP r Notary Public • + STATE OF TEXAS 9 y Notary I.D. 134812443 �oF Comm. Exp. Mar. 18, 2028 APPROVED AS TO FORM AND LEGALITY: Candaloe Pagliara Candace Pagliara (Apr 14, 2026 10: .23 CDT) Y' Candace Pagliara Assistant City Attorney M&C: C-21287 Approval Date: 02.14.2006 Fort Worth Meacham International Airport Texas Capitalization Resource Group, Inc. Renewal Option No. 1 to CSC No. 41119 Page 3 of 4 day Notary Public in and for the State of Texas ATTEST: oeF° rem°a �e <o=a By: l424 Jannette S. Goodall, , City Secretary 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. Barbara Goodwin Real Property Manager LESSEE: ATTEST: TEXAS CAPITALIZA N RESOURCE GROUP, INC. By: By: Date: �J'/o L0 t' 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 Robert L. Patton, 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 TEXAS CAPITALIZATION RESOURCE GROUP, INC. and that s/he executed the same as the act of TEXAS CAPITALIZATION RESOURCE GROUP, INC. for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 1k.,P1 day r i l )2026. ANGELA D. CHRISP r$, SNotary Public, State of Texas �= Comm. Expires 03-18-2028 Notary 1D 134812443 Fort Worth Meacham International Airport Texas Capitalization Resource Group, Inc. Renewal Option No. 1 to CSC No. 41119 Page 4 of4 6 .A . &- P '0 ***-- p 1, 0 Notary Vublic in and for the State of exas FORT WORTH. City Secretary's Office Contract Routing & Transmittal Slip Contractor's Name: Texas Capitalization Resource Group, Inc Subject of the Agreement: First Renewal for CSC 41119 - Unimproved Ground Lease Agreement for Lease Site 9 (Hangar 8S) at Meacham Int'I Airport between the City of Fort Worth and Texas Capitalization Resource Group, Inc. M&C Approved by the Council? * Yes 8 No ❑ If so, the M&C must be attached to the contract. Is this an Amendment to an Existing contract? Yes ❑ No 8 If so, provide the original contract number and the amendment number. Is the Contract "Permanent"? *Yes ❑ No 8 If unsure, see back page for permanent contract listing. Is this entire contract Confidential? *Yes ❑ No 8 If only specific information is Confidential, please list what information is Confidential and the page it is located. Effective Date: June 1, 2026 If different from the approval date. Expiration Date: May 31, 2031 If applicable. Is a 1295 Form required? * Yes ❑ No 8 *If so, please ensure it is attached to the approving M&C or attached to the contract. Project Number: If applicable. *Did you include a Text field on the contract to add the City Secretary Contract (CSC) number? Yes 8 No ❑ Contracts need to be routed for CSO processing in the following order: 1. Katherine Cenicola (Approver) 2. Jannette S. Goodall (Signer) 3. Allison Tidwell (Form Filler) *Indicates the information is required and if the information is not provided, the contract will be returned to the department. 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