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HomeMy WebLinkAboutContract 30247 FIRST AMENDMENT TO LEASE AGREEMENT THE STATE OF TEXAS § CITY SECRETARY COUNTY OF TARRANT § CONTRACT NO. WHEREAS, the City of Fort Worth ("Lessor"), acting by and through its duly authorized Assistant City Manager and Robert Joe Hill made and entered into a 50 year Lease Agreement ("Lease") on 11 November 19 85 for property described as Block 7, Lot 23R, Lake Worth Lease Survey, aka 7700 Malaga Or ; and WHEREAS, the Lease has been assigned to games M_ Kennedy ("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 23R1 ,Block 7 ' Lake Worth Lease in the--City of Fort Rorth,* as shown on the plat recorded in Cabinet A Slide 9239 , Plat Records, Tarrant County, Texas and as shown on the plat or replat attached to this First Amendment to Lease as Exhibit"A". * 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 ( ' �r' CITY OF FORT WO H Contract Authorizatiox ' ME-MARY Marc A. Ott, ssistant ity Manager ate ATTEST: AP PRO AST ORM AND LEGALITY: 4J A I ' ) C Ci Secretary As ' tant 5k Attorney Amendment w/Assignment LESSEE ames M. Kennedy STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of J (,� L, , 2004, by Marc A. Ott, Assistant City Manager for the City of Fort Worth, a munici 1 corporation, on behalf of said corporation. s�y►u F NEITIE LANE My COMMISSION EXPIRES Notary Public, State of Texas July 26,2007 STATE OF TEXAS § COUNTY OF TARRANT § T s instrument was acknowledged before me this the day of 2004, by James M. Kennedy LISA A. SCOTFORD Notary Pub SCOT] F(SI STATE OF TEXAS Not Public, Sate of Texy Comm.Exp. 10/O612007 STATE OF TEXAS § § COUNTY OF TAR-RANT § This instrument was acknowledged before me this the day of 2004, by Notary Public, State of Tex -s 1�?Lj Amendment with Transfer �7J VJ,iO EXHIBIT"A" PLAT OF REVISED LEASED LAND Lot 23R1 ,Block 7 , Lake Worth Lease in X0 the City of Fort Worth,Tarrant County,Texas as shown on plat filed at Cabinet A , Slide 9239 ,Plat Records,Tarrant County,Texas Attached Amendment with Transferi- City of Fort Worth, Texas Mayor 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 hake 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 descdpgons 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/AccouritiCenters FROM Fund/AccountlCenters Submitted for City Manager's Office by: Marc Ott (8476) •.Originating Department Head: A. Douglas Rademaker(6157) .Additional Information Contact: A. Douglas Rademaker(6157)