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HomeMy WebLinkAboutContract 30344 FIRST AMENDMENT TO LEASE AGREEMENT-, fVO. 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 W.E. Denton made and entered into a 50 year Lease Agreement ("Lease") on 19 February 19 82 for property described as Block 31, Lot 26, Lake Worth Lease Survey, a-ka 8252 Killdeer ; and Circle WHEREAS, the Lease has been assigned to June H. Denton ("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 Lot26&26A ,Block 31 Lake Worth Leases,, an addition to the City of* as shown on the plat recorded in Cabinet A , Slide 9268&9269P1at 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 effept. A -4—EXECUTED as of the day of , 200 . LESSOR CITY FORT WOR �� -ontract Authorization Mac A. Otj Assistat City Manager Date ATTEST: APP E ASFORM AND LEGALITY: 4&t � ity cretary Assis City Attorney i Amendment w/Assignment 1 LESSEE June H. Denton STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of 2004, by Marc A. Ott, Assistant City Manager for the City of Fort Worth, a mun' ipal corporation, on behalf of said corporation. HETT'IE LANE ` MY COMMISSION EXPIRES Notary Public, State of Texas or�d' July 26,2007 p�'y`YPGQ['f� BETH HUGHES STATE OF TEXAS § ; y MY COMMISSION EXPIRES § +reoF�+� April 5,2005 COUNTY OF TARRANT § This instrument was acknowledged before me this the 7` day of 2004, by June H. Denton Notary Public, St to of Texas STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of , 2004, by Notary Public, State of Texas Amendment with Transfer EXIMIT "A" PLAT OF REVISED LEASED LAND Lot 26&26A ,Block 31 , Lake Wn th I Pases an addition to the City of Fort Worth, Tarrant County,Texas as shown on plat filed at Cabinet A , Slide 9268&926PP1at Records,Tarrant County, Texas Attached Amendment with Transfer City of Fort Worth, Texas May-or and Council Communication COUNCIL ACTION: Approved on 12116/2003 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 take 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 or 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. he - plat. a FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that this action will have no'material effect on City funds. TO Fund/Accouht/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)