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HomeMy WebLinkAboutContract 30934 CITY SECRETARY CONTRACT NO. CONSENT TO ASSIGNMENT OF CITY SECRETARY CONTRACT NO. 16363, AS PREVIOUSLY AMENDED AND ASSIGNED (FIXED BASE OPERATOR LEASE AGREEMENT) This CONSENT TO ASSIGNMENT OF CITY SECRETARY CONTRACT NO. 16363, AS PREVIOUSLY AMENDED AND ASSIGNED ("Consent") is made and entered into by and between the CITY OF FORT WORTH, TEXAS ("Lessor"), a home rule municipal corporation organized under the laws of the State of Texas, acting by and through Marc Ott, its duly authorized Assistant City Manager; MICHAEL L. RICHARDSON ("Assignor" or "Lessee"), an individual; and WTW PROPERTIES, INC. ("Assignee"), a Texas corporation. The following introductory provisions are true and correct and form the basis of this Consent: A. Lessor and RAS Investments, Inc., previously entered into City Secretary Contract ("CSC")No. 16363, a Fixed Based Operator Lease for the lease and use of real property knows as the Hangar 52-S Lease Site and any improvements and facilities thereon ("Leased Premises") at Fort Worth Meacham International Airport("Airport"). B. CSC No. 16363 was subsequently amended by CSC Nos. 16417, 19817 and 24157 to adjust the term and Premises leased (collectively, the "Lease"). The Lease is a public document on file in Lessor's City Secretary's Office. C. On or about August 19, 1998, in accordance with CSC No. 24158, RAS Investments, Inc. previously assigned all of its rights, title and interest in the Leased Premises to Lessee. D. Lessee now wishes to assign all of Lessee's right, title and interest in the Leased Premises to Assignee; Assignee wishes to accept such assignment; and Lessor is willing to consent to such assignment, all on the terms and.conditions set forth in this Consent. NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Lessor,Assignor and Assignee agree as follows: 1. Lessor hereby consents to an assignment by Assignor to Assignee of all rights, title and interest in the Leased Premises granted to Lessee by the Lease (the "Assignment"), effective as of the last date that Lessor, Assignor and Assignee have executed this Consent ("Effective u} reference for ari purpose§.—"Me Assignment"is attached hereto as Exhibit"A". 2. Lessor does not adopt, ratify or approve any of the particular provisions of the Assignment and does not grant any right, privilege or use to Assignee which is different from or Consent to Assignment of CSC No. 16363,as previously amended and assigned, by Michael L.Richardson to WTW Properties,Inc. Page 1 + is ii more extensive than any right, privilege or use granted to Lessee by the Lease. In the event of any conflict between the Lease and the Assignment, the Lease shall control. 3. Lessor hereby consents to the Assignment expressly upon (i) the condition that all liens on the Premises have been discharged and all outstanding City taxes on the Premises and/or any improvements, appurtenances or personal property thereon have been paid and (ii) the promise and covenant by Assignee, and Assignee hereby promises and covenants to Lessor, that as of the Effective Date, Assignee will faithfully perform, as an independent contractor, all duties and obligations of Lessee set forth in the Lease. 4. Assignor understands and agrees that Assignor and Assignee will be jointly and severally liable to Lessor for(i) any duty or obligation of Lessee that Lessee was required by the Lease to undertake or perform prior to the Effective Date and (ii) for any damages, including, but not limited to,property loss, property damage and/or personal injury off any kind, including death,to the extent caused by Assignor, its officers, agents, servants, employees or subcontractors. 5. All terms in this Consent that are capitalized but not defined shall have the meanings assigned to them in the Agreement. [SIGNATURE PAGES PAMEDIATELY FOLLOW] Consent to Assignment of CSC No. 16363,as previously amended and assigned, by Michael L.Richardson to W'I'W Properties,Inc. Page 2 CITY OF FORT WORTH: ATTEST: B By: 1 V Marc Marty Hendrix Assistant ity Manager City Secretary Date: APPROVED AS TO FORM AND LEGALITY: By: V 4t V�� Maleshia b. Farmer Assistant City Attorney M&C: C-20276 9/14/04 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 Marc Ott, 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. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 1 day 21 2004. �µY HETTIE LANE MY COMMISSION EXPIRES. ! 4 July 26,2007 No ary Public in and for the State of Texas Consent to Assignment of CSC No. 16363,as previously amended and assigned, by Michael L.Richardson to WTW Properties,Inc. Page 3 MICHAEL L. RICHARDSON: Michael L. Richardson Date: /0".7-o—dL 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 Michael L. Richardson, 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 Michael L. Richardson and that he executed the same as the act of Michael L. Richardson for the purposes and consideration therein expressed and in the capacity therein stated. G-LVEN UNDER MY HAND AND SEAL OF OFFICE this day 2004. JAMES F. MAY [�L * Notary Publlo Not blic inand the State o exas state of Texaa My comm. E!xplr®s 11-03-07 Consent to Assignment of CSC No. 16363,as previously amended and assigned, by Michael L.Richardson to WTW Properties,Inc. Page 4 ' Exhibit ' q -"ITY SECRETARY �ONTRACT NO. o � CONSENT TO ASSIGNMENT OF CITY SECRETARY CONTRACT NO. 16363, AS PREVIOUSLY AMENDED (FIXED BASE OPERATOR LEASE) This CONSENT TO ASSIGNMENT OF CITY SECRETARY CONTRACT NO. 16363,AS PREVIOUSLY AMENDED ("Consent"),is made and entered into by and between the CITY OF FORT WORTH (the "City"), a home rule municipal corporation situated in portions of Tarrant and Denton Counties, Texas acting by and through Ramon Guajardo, its duly authorized Assistant City Manager; RAS INVESTMENTS, INC., a Texas corporation ("Assignor" or "Lessee"), acting by and through Richard A. Siegel, its duly authorized President; and MICHAEL L. RICHARDSON("Assignee"), an individual. The following introductory provisions are true and correct and form the basis of this Consent. A. On or about April 25, 1988, the City and Assignor entered into City Secretary Contract ("CSC") No. 16363, a Fixed Base Operator Lease for the lease and use of the property known as the Hangar 52-S Lease Site and any improvements and facilities thereon("Premises") at Fort Worth Meacham. International Airport ("Airport"). CSC No. 16363 was subsequently amended by CSC Nos. 16417, 19817 and 24167 to adjust the term and the Premises leased to Assignor. CSC No. 16363, as amended by CSC Nos. 16417, 19817 and 2.415 are all public documents on file in the City's City Secretary's Office and shall hereafter collectively be referred to as the "Lease." . B. Assignor now wishes to assign all of Assignor's rights, title and interest in the Premises under the Lease to Assignee, and the City is willing to consent to such assignment, subject to the provisions and conditions of this Consent. NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged,the City,Assignor and Assignee agree as follows: 1. The City hereby consents to an assignment by Assignor to Assignee of all right, title and interest in the Premises granted to Assignor by the Lease (the "Assignment"). The Lease is incorporated by reference as part of this Consent for all purposes. The Assignment is attached hereto as Exhibit"A." 2. The City does not adopt, ratify or approve any of the particular provisions of the Assignment and does not grant any right, privilege or use to Assignee which is different a rngbt;"pr! -ge oirtuse granted-to Agsigfor Vy—fferease. Effective with the execution of this Consent,Assignor shall have no further right, interest or title to the Premises. Consent to Assignment of CSC No. 16363,as previously amended, to Michael L.Richardson 3. The City hereby consents to the Assignment expressly upon (i) the condition that all liens on the Premises have been discharged and all outstanding City taxes on the Premises and/or any improvements, appurtenances or personal property thereon have been paid and (ii) the promise and covenant by Assignee that Assignee will faithfully perform, as an independent contractor, all duties and obligations of Lessee set forth in the Agreement. Assignor understands and agrees that it will remain liable to the City for performance by Assignee of all duties and obligations of Lessee set forth in the Lease and this Consent. 4. All terms in this Consent that are capitalized but not defined shall have the meanings assigned to them in the Agreement. IN WITNESS WHEREOF,the parties hereto have executed this Consent in multiples this day of A Ver ' 1998. CITY OF FORT ORT ATTEST: /l/7 J ✓]V lY)iK.E Gra oME2 G oria Pearson Assistant City Manager City Secretary APPROVED AS TO FORM AND LEGALITY: Peter Vaky 67 Assistant City Attorney RAS STMENTS, INC. By: &, Richard A. §iegel President Consent to Assignment of CSC No. 16363,as previously amended, 1 to Michael L.Richardson L------------------- AUCHAEL L.RICHARDSON Consent to Assignment of CSC No. 16363,as previously amended, to Michael L.Richardson STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the under i e uthon , a Notary Public in and for the State of Texas, on this day'personally appeared ° , 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. GIVEN UNDER MY HAND AND SEAL OF OFFICE this I R day of 1998. �11�Y SHIRLEY MOUSER NOPublic S STATE OF TEXAS �'y No Public and for the State of Texas ° � t OF my con.W.08�11�2ooi STATE OF TEXAS § COUNTY OF_A&aL § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Richard A. Siegel 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 RAS Investments, Inc. and that he executed the same as the act of RAS Investments, Inc. for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 1998. P 4, [:A�tkydeo DREX BAKER NOTARY PUBLIC N c in and for the State of Texas yP STATE OF TEXAS COMM. EXP. 09/25/00 Consent to Assignment of CSC No. 16363, as previously amended, to Michael L.Richardson STATE OF TEXAS § COUNTY OF :�MAJ § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Michael L.Richardson,known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same as his act for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of��• 1998. _ rPY�P�e; DREX BAKER n. NOTARY PUBLIC o cin and for the State of Texas 3 STATE OF TEXAS COMM. EXP. 09/25/00 -71-7 .1 7,111 711-,� Consent to Assignment of CSC No. 16363,as previously amended, to Michael L.Richardson --- EXHIBIT "A" GF NO. 98903070 STNT DB Jh ASSIGNMENT OF LEASE AGREEMENT Names of Parties THIS AGREEMENT is made between RICHARD A. SIEGEL d/b/a RAS INVESTMENTS, INC. , called assignor in this Agreement, and MICHAEL L. RICHARDSON, called the Assignee In this Agreement. Recitals WHEREAS on April 25, 1988. the CITY OF FORT WORTH and RAS INVESTMENTS, INC. entered Into an Aircraft Hangar Facility Agreement ("Agreement") for the lease and use of Hangar Site 52-5 and certain other property and facilities ("Premises") located at Fort Worth Meacham International Airport C"Airport"), specifically identified in the Agreement. located on the property situated In Tarrant County, Texas, and described as follows, to—wit: All that certain lot. tract or parcel of land situated in Tarrant County. Texas, and being more particularly described on Exhibit "A" attached hereto and made a part hereof for all purposes pertinent . Said Agreement Is a public document on file In the City's City Secretary's Office and identified as City Secretary Contract No. 16363, and being more particularly described on EXhIbIt "B" attached hereto and by reference made a part hereof for all purposes pertinenti and, WHEREAS the Assignor now desires to assign said Lease to the Assignee, and the Assignee desires to accept the Assignments Assignment in consideration of the sum of TEN AND NO/900 DOLLARS CS10.00) , receipt of which Is acknowledged by this Agreement, and the Agreement of the Assignee set forth below, the Assignor assigns to the Assignee and the Assignee's heirs, executors, administrators. and assigns all right. title and Interest In And to the Premises. The CITY OF FORT WORTH C"Lessor") hereby consents to said Assignment, and. does not adopt, ratify or approve of any of the Particular provisions of the Assignment and does not grant any right, Privilege or use to Assignee that is different from or more extensive than any right. privilege or use granted to RAS INVESTMENTS, INC. by the Agreement . Assignee accepts the Assignment and. In addition, expressly assumes and agrees to perform and fulfill all the terms, covenants, conditions, and obligations required by the Assignor'under said Lease. Binding on Successors This Agreement shall be binding on and Inure to the benefit of the Parties to this Agreement. their heirs, executors, administrators, successors In Interest, and assigns. DATED this day of August, 1998. RICHARD A. SIEGEL d/b/a RAS INVESTMENTS. INC. . Assignor MICHAEL L. RICHARDSON, Assignee ASSIGNMENT OF LEASE AGREEMENT. Page 1 C:\STHB\903070.1 ACKNOWLEDGUENT STATE OF TEXAS COUNTY OF This Instrument was acknowledged before me on , 1998, by RICHARD A. SIEGEL. Notary Public, State of Texas ACKNOWLEDGMEWr STATE OF TEXAS COUNTY OF TARRANT This Instrument was acknowledged before me on 1998, by MICHAEL L. RICHARDSON. Notary Public, State of Texas PREPARED IN THE OFFICE OF: THE STEINBACH LAW FIRM 14643 Dallas Parkway, Suite 325 Dallas, Texas 75240 AFTER RECORDING RETURN TO: MICHAEL L. RICHARDSON 4051 Lincoln Fort Worth, Texas 76108 ASSIGNMENT OF LEASE AGREEMENT, Page 2 C:\STHB\903070.1 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/14/2004 DATE: Tuesday, September 14, 2004 LOG NAME: 55RICHARDSONWTW REFERENCE NO.: **C-20276 SUBJECT: Consent to Assignment of City Secretary Contract No. 16363, a Lease for Hangar 52S at Fort Worth Meacham International Airport, by Michael L. Richardson to WTW Properties, Inc. RECOMMENDATION: It is recommended that the City Council authorize the City Manager to execute a written consent to an assignment by Michael L. Richardson, of all leasehold interests in lease site 52S at Fort Worth Meacham International Airport, to WTW Properties, Inc. DISCUSSION: The City previously executed a lease agreement with RAS Investments, Inc. under City Secretary Contract (CSC) 16363, as amended, which was subsequently assigned to Mr. Michael L. Richardson under CSC No. 24158, with the consent of the City. Mr. Michael L. Richardson has entered into a purchase and sale agreement under which Mr. Michael L. Richardson has agreed to sell all of his rights, titles and interests in Airport lease site 52S, as provided by his lease, to WTW Properties, Inc. The proposed consent agreement with the City calls for WTW Properties, Inc. to assume all of Mr. Michael L. Richardson's duties and obligations under this lease. Mr. Michael L. Richardson's lease prohibits assignments to third parties without the City's written consent. Section 2-9 of the City Code requires advance City Council approval before the City Manager may accept or execute any legal instrument for the lease of City property for a period in excess of 30 days. Fort Worth Meacham International Airport is located in Council District No. 2 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 • Marc Ott (8476) Originating Department Head: Mike Feeley (5403) Additional Information Contact: Mike Feeley (5403) Logname: 55RICHARDSONWTW Paee 1 of l City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 5/1312008 DATE: Tuesday, May 13, 2008 LOG NAME: 55WTW 52S NEW REFERENCE NO.: **C-22805 SUBJECT: Authorize Termination of City Secretary Contract No. 16363, an Unimproved Ground Lease Agreement for Lease Site 52S with WTW Properties, Inc., at Fort Worth Meacham International Airport; and Authorize Execution of a New Unimproved Ground Lease Agreement, with Mandatory Improvements, with WTW Properties, Inc., for the Construction of a New 12,000 Square Foot Hangar on Lease Site 52S at Fort Worth Meacham International Airport RECOMMENDATION: It is recommended that the City Council authorize the City Manager to: 1. Terminate City Secretary Contract No. 16363, an Unimproved Ground Lease Agreement, with Mandatory Improvements, with WTW Properties, Inc., at Fort Worth Meacham International Airport; and 2. Authorize the execution of a new Unimproved Ground Lease Agreement, with Mandatory Improvements, with WTW Properties, Inc., for the construction of a new 12,000 square foot aircraft storage hangar on Lease Site 52S at Fort Worth Meacham International Airport. DISCUSSION: On April 5, 1988, the City Council approved M&C L-10892 authorizing the lease of 13,948 square feet of unimproved land, known as Hangar 52S at Fort Worth Meacham International Airport, to RAS Investments and subsequently executed a lease, on file as City Secretary Contract No. 16363. On September 14, 2004, City Council authorized the City Manager to execute a written consent to assignment to WTW Properties, Inc. (WTW Properties), assigning all rights, title, and interest in the leased premises known as 52S at Fort Worth Meacham International Airport. WTW Properties proposes to demolish and remove the hangar on lease site 52S and construct a new 12,000 square foot hangar on the same site. WTW Properties also proposes to amend the current square footage of the leased premises. The total square footage requested is 21,514 square feet at the rate of $0.22 per square foot annually. Revenue generated from this lease will be $394.42 per month, or $4,733.08 annually. This is in accordance with the Aviation Department's current Schedule of Rates and Charges. The exact square footage will be determined by a new ground survey. The ground lease will be for thirty years with two five-year options to renew. The initial term of the lease will commence upon the issuance of the certificate of occupancy. The lease rate shall be subject to increase on October 1st of any given year to reflect any upward changes in the Consumer Price Index (CPI). All terms and conditions of the lease agreement will be in accordance with City and Aviation Department policies. http://apps.cfwnet.org/council_packet/Reports/mc_print.asp 5/29/2008 Page 2 of 2 Fort Worth Meacham International Airport is located in COUNCIL DISTRICT 2. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that the Aviation Department will be responsible for the collection and deposit of funds due to the City under this Agreement. TO Fund/Account/Centers FROM Fund/Account/C enters PE40 491352 0551101 $4,733.08 Submitted for City Manager's Office by: Tom Higgins (6266) Originating Department Head: Kent Penney (5403) Additional Information Contact: Ryan Cox (5407) http://al)ps.cfwnet.or-/council_packet/Reports/mc_print.asp 5129/2008