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HomeMy WebLinkAboutContract 29568 CITY SECRETARY , FIRST AMENDMENT TO LEASE AGREEMENT CONTRACT NO. 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 John W. Naylor Jr. made and entered into a 50 year Lease Agreement ("Lease") on 9 February 1982 for property described as B1 k 6, 1 nt 21, Lake Worth Tease Survey aka 8112 Wondvale ; and WHEREAS, the Lease has been assigned to Oliver Steele , ("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 21 , Block 6 8112 Wnnrtvale Road , as shown on the plat recorded in Cabinet A Slide 6141 , 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 ,j�� day of , 200 . LESSOR CITY OF FORT WOR Marc A. Ott, Assistant 6ity Man ger ATTES _ APP ROV AS ORM AND LEGALITY: City Secretary Assistant C iry Xt—torney Contract AVthorization r .• Amendmentw/Assignment I _ 1 {7 _, ? — JI'�: • 5' l Daze LESSEE Iver Steeled-4 STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me this the day of 20(p, by Marc A. Ott, Assistant City Manager for the City of Fort Worth, a municipal co oration, on behalf of said corporation. KP a ROSELLA BARNES * *} NOTARY PUBLIC State of Texas �G �.'. Comm, Exp.03-31-2005 Notary Public, State of Texas STATE OF TEXAS § § ��' g DIANA FEt�VIDEZ COUNTY OF TARRANT y ccrn n- e,s5te . Taxes § .�- hiy Gcr�.m.Expirt=s Jan.13,2044 This instrument was acknowle ge� e ore me this the 4"y of Pj,n bW , 2003, by -el 9a ex�� eea 1 otary Public, S to of Texas STATE OF TEXAS § COUNTY OF TAR-RANT § This instrument was acknowledged before me this the day of 2003, by Notary Public, State of Texas Amendment with Transfer EXHIBIT "A" PLAT OF REVISED LEASED LAND Lot 6 Block 21 8112 Wnndva 1 a Rnad : frfo the City of rth, Tarrant County,Texas as shown on plat filed at Cabinet A_ � , Slide at Records, Tarrant County,Texas Attached Amendment with Transfer �� ��� 0 "�t 1 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.: **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) Logname: 30LEGAL DESCRIP Page 1 of I