HomeMy WebLinkAboutContract 29833 CITY SECRETARY rv)a�6
:CONTRACT NO.
FIRST AMENDMENT TO LEASE AGREEMENT
THE STATE OF TEXAS §
COUNTY OF TARRANT §
WHEREAS, the City of Fort Worth ("Lessor"), acting by and through its duly authorized
Assistant City Manager and Alonzo H. Maxedon made and entered
into a 50 year Lease Agreement ("Lease") on February 1 ,1982 for property
described as Block 25, Lot 1, Lake Worth LeaseSurvey, aka 9840 Goodnight ; and
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WHEREAS, Lessor has platted or replatted the Leased Land since 1990 to correctly
identify and describe the Leased Land; and
WHEREAS, it is necessary to amend the Lease to correctly identify the Leased Land and
include the legal description as shown on the plat or replat recorded by Lessor since 1990.
NOW THEREFORE, Lessor and Lessee, acting herein by and through their duly
authorized representatives, for and in consideration of the rent paid, the covenants and
agreements to be performed, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, enter into the following agreement, which
amends Section I the Lease as follows:
Section I of the Lease is amended to provide that the Leased Land is comprised of
Lot 1 , Block 25 Lake Worth Lease Blocks* , as shown
on the plat recorded in Cabinet A , Slide 7417 , Plat Records, Tarrant
County, Texas and as shown on the plat or replat attached to this First Amendment to
Lease as Exhibit"A".
* within the City Limits of the City of Fort Worth, Tarrant County, Texas
Except as amended by this First Amendment, all of the terms and conditions of the Lease are
ratified and remain in full force and effect.
EXECUTED as of theq 0t hn+h day of April ,200A-.
LESSOR
CITY O WORT
Contract Authorizationn
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Marc A. Ott, Assistant'c*M nage Date
,VYTES r: APPRO O FO LEGALITY:
City cretary " As istant Ofty Attorney
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Amendment w/Original Lessee
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LESSEE
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STATE OF TEXAS §
COUNTY OF TARRANT §
This instrument was acknowledged before me this the a0d, day of
` 2004, by Marc A. Ott, Assistant City Manager for the City of Fort Worth,
a unicipal corporation, on behalf of said corporation.
HETTIE LANE _
My COMMISSION EXPIRES '
+?atd' July 26,2007 Notary Public, State of Texas
STATE OF TEXAS §
COUNTY OF TARRANT §
This instrument was acknowledged before me this the day of
2004, by Alonzo [4- Maxedon
TERESA SWINDLE
kU
NOTARY PUBLIC �Q
STATE OF TEXAS
My Comm.Exp 04-27-2006 t Notary Public, State of Texas
STATE OF TEXAS §
COUNTY OF TARRANT §
This instrument was acknowledged before me this the day of
2004, by
Notary Public, State of TQxas
EXHIBIT"A"
Amendment with Transfer
PLAT OF REVISED LEASED LAND
Lot 1 ,Block 25 , Lake Worth Lease Blocks* to the City of Fort Worth,
Tarrant County,Texas as shown on plat filed at Cabinet A , Slide 7417 ,Plat Records,
Tarrant County,Texas
Attached
* within the City Limits of the City of Fort Worth, Tarrant County, Texas
Amendment with Transfer
City of Fort Worth, Texas
Mayor and Council Communication.
COUNCIL ACTION: Approved on 12/16/2003
DATE: Tuesday, December 16, 2003
LOG NAME: 30LEGAL DESCRIP REFERENCE NO.: ''*L-13727
SUBJECT:
Authorization of the Amendment of the Legal Descriptions of the Lease Lots for the Lake Worth
Lease Survey Properties to Reflect the Legal Description of the Current Plats Filed by the City of
Fort Worth
RECOMMENDATION:
It is recommended that the City Council authorize the amendment pf the legal descriptions of the lease lots
for the Lake Worth lease survey properties in Blocks 1-32 to reflect the legal descriptions of the current
plats filed by the City of Fort Worth.
DISCUSSION:
The original Lake Worth lease survey was completed in 1956. Although the Lake Worth lease lots were
surveyed at that time, no plats were .recorded. The City is making available for sale currently leased
residential lots that are or will be served by municipal water or sewer service. On February 19, 2002, (M&C
L-13249), the City approved the Option to Purchase and Purchase Agreement, which.will transfer eligible
property to private ownership.
In order to sell the property under the Option to Purchase and Purchase Agreement, the City must plat the
residential properties. Platting the leased lots has resulted in changing some of the legal descriptions and
the boundary lines. The leases must be amended to reflect the new legal descriptions as designated on the
plat.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that this action will have no material effect on City funds.
TO Fund/Account/Centers FROM Fund/Account/Centers
Submitted for City Manager's Office by Marc Ott (8476)
Originating Department Head: A. Douglas Rademaker (6157)
Additional Information Contact: A. Douglas Rademaker (6157)
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