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HomeMy WebLinkAboutContract 31141 CITY SECRETARY' 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 0-M. Phipps and Frankie Phipps made and entered into a 50 year Lease Agreement ("Lease") on 17 February 19 82 for property described as Block 21 , Lot 17, Lake Worth Lease Survey, aka 9724 Watercress; and WHEREAS, the Lease has been assigned to Lavonne White, Cheri Wal ker & Judy .iartt ("Lessee"), the current Lessee of the Leased Land; and 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 17 , Block 21 Lake Worth Leases , an addition to the,City of* as shown on the plat recorded in Cabinet A Slide 9273-9277 Plat Records, Tarrant County, Texas and as shown on the plat or replat attached to this First Amendment to Lease as Exhibit"A". 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 the day of , 200 . LESSOR � I �� CITY OF FORT WORTH cr._, qct_ P+u'.taOl"].Zatio.-1 Marc A. Ott, As Stant Ci Manager ATTEST: APPROVE)AS TO FORM AND LEGALITY: City Secretary Ass taut Ci Att 2t 'G Amendment w/Assignment �� " LESSEE Lavonne White N� Cheri E. Walker JuIL. Hart, STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of 204' by Marc A. Ott, Assistant City Manager for the City of Fort Worth, mumcipdf corporation, on behalf of said corporation. HETTIE LANE otary Public, State of Texas My COMMISSION EXPIRES. JULY 26,2007 STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of , 2004, by Lavonne White w, LISA A. SCOTFORD Notary Public Notary Public, State o Texas STATE OF TEXAS "UIDMn y Cww .Up. 10/06/2007 Amendment with Transfer Ff. W.I.-DOTH, TEL STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of 2004, by Cheri E. Walkpr �v LISA A. SCOTFORD * Notary Public Notary Public, State of Texas STATE OF TEXAS ey4 � y My Con.Exp. 10/06/2007 STATE OF TEXAS § COUNTY OF TARRANT § his instrument was acknowledged before me this the day of , 2004, by Ludy I , Ha rtt .p�µY LISA A. SCOTFORD Notary public Notary Public, State o Texas * * STATE OF TEXAS �4Caf' � y Csxrrr►.Exp,1010612007 Amendment with Transfer EXHIBIT"A" PLAT OF REVISED LEASED LAND Lot 17 ,BlockerLake Worth Leases , an addition to the City of Fort Worth,Tarrant County,Texas as shown on plat filed at Cabinet A ,Slide9273-9277 ,Plat Records,Tarrant County,Texas Attached 4v Li Amendment with Transfer City of Fort Worth, Tex,as 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 of 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/C enters FROM FundiAccount/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) Loename: 30LF,CTAT, T)F.gC'RTP