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HomeMy WebLinkAboutContract 29756 CITY SECRETARY CONTRACT NO. FIRST AMENDMENT TO LEASE AGREEMENT THE STATE OF TEXAS § 0 COUNTY OF TARRANT § 4-12-Q4P01 :50 RCVD WHEREAS, the City of Fort Worth ("Lessor"), acting by and through its duly authorized Assistant City Manager and Elmer S. Wade and Betty J. Wade made and entered into a 50 year Lease Agreement ("Lease") on April 7, 1982 for property described as Block 7 Lot 15, Lake Worth Lease Survey, aka 7828 (aka 7832) Vinca Circle; 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 15, Block 7, Lake Worth Lease Blocks, in the City of Fort Worth, Tarrant County, Texas, and as shown on the plat recorded in Cabinet A, Slide 6448, Plat Records, Tarrant County, Texas and as shown on the plat or replat attached to this First Amendment to Lease as Exhibit"A". 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 8th day of April , 200 4 . LESSOR _� J --1 CITY FORT WORTH - Contract Authorizatio, rjj-�,4-1 4 I ) . / L . 1") "�� j Date Marc A. Ott, A istant City anager ATTEST: APPROVED AS TO FORM AND LEG TY: I)Uaq,-� .,, 7c r-�2.��1, C%cGz C. ecretary sista it A` "' r; Amendment with Original Lessee I LESSEE Elmer S. Wade ZE�� k-; (t Betty J. Waife THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, on this day personally appeared Marc A. Ott, known to me to be the person and officer whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same as the act and deed of the City of Fort Worth, a municipal corporation of Tarrant County,Texas, for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of , 2004 r ` HETTIE LANE MY COMMISSION EXPIRES Notary Public ` July 26.2007 THE STATE OF TEXAS § COUNTY OF TARRANT § Before me, the undersigned authority, personally appeared Elmer S. Wade, known to me to be the person whose name is subscribed to the foregoing instrument and who acknowledged to me that the document was read in its entirety and understood and was executed for the purposes and consideration expressed therein. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of 12004 �tMY LISA A. SCOTFORD Notary Public d * * STATE OF TEXAS Notary Public b OF My Comm.Exp. W06%?( '' e Amendment with Original Lessee 2 THE STATE OF TEXAS § COUNTY OF TARRANT § Before me, the undersigned authority, personally appeared Betty J. Wade, known to me to be the person whose name is subscribed to the foregoing instrument and who acknowledged to me that the document was read in its entirety and understood and was executed for the purposes and consideration expressed therein. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this _c day of 2004 Notary Public STAWOFSAS +SOF ' 1Air comm. Amendment with Original Lessee 3 EXHIBIT "A" PLAT OF REVISED LEASED LAND Lot 15, Block 7 Lake Worth Lease Blocks, in the City of Fort Worth, Tarrant County, Texas and as shown on plat filed at Cabinet A, Slide 6448, Plat Records, Tarrant County, Texas. Attached .. a-.. Amendment with Original Lessee 4 ` ' 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.: i''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/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)