Loading...
HomeMy WebLinkAboutContract 29072 09-15-03 A10 : 09 IN CITY SECRETARY CONTRACT NO. FORT WORTH INTERNATIONAL CENTER OFFICE LEASE CONTRACT THIS LEASE CONTRACT ("Lease"), entered into by and between The City of Fort Worth ("Landlord"), a municipal corporation acting by and through its duly authorized assistant City Manger and Light Aviation (dba Adventure Powered Paraglider) ("Tenant"). The term "Landlord" shall include the agents, representatives, and employees of Lessor. The term "Tenant" shall include the agents, representatives and employees of Lessee. PREMISES 1. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord approximately 152 square feet designated as Suite "101" in the building known as the BAKER BUILDING ("Building") located at 110 West Seventh Street, Fort Worth, Texas. The area hereby leased in the Building is hereinafter called "Leased Premises" and is shown outlined and hatched on the floor plan drawing designated Exhibit"A" attached hereto and incorporated by reference. TERM 2. Subject to Tenant's specific option to terminate this lease as stated in Paragraph 16, the term of this Lease ("Term") shall be a period of two months, commencing September 1, 2003 and terminating October 31, 2003. MASTER LEASE FOR OFFICE SPACE 3. Tenant understands that Landlord is subleasing the Leased Premises to Tenant and that Landlord is leasing the Leased Premises from F. W. Baker Building, L. P. ("Baker") under a Master Lease ("Master Lease"). USE OF PREMISES 4. A. Lessee shall use the Leased Premises to engage in: (a) counseling in International Trade, "counseling" includes marketing, or locating outlets to sell foreign goods or services; or (b) developing international markets; or (c) developing relationships between Fort Worth and other international cities B. Failure to use the Leased Premises as stated above, as determined by the sole discretion of Landlord, shall result in termination of this Lease as provided in section 16. C. Lessee may not use the Leased Premises for any activity of a hazardous or high-risk nature that would endanger property or human safety. Lessee will take measures to guard against any condition at the Leased Premises of a hazardous or high-risk nature that would endanger property or human safety. C:\DOCUN E--1\thompsc.CFW\LOCALS-1\Temp\GENERAL SUB-LEASE 2003-at no c st.,dpo C,04C RENT 5. As base rental for the lease and use of the Leased Premises ("Base Rent"), Tenant will pay Landlord or Landlord's assigns, at 711 Houston Street, Fort Worth, Texas, without demand and without deduction, abatement or setoff(except as otherwise expressly provided for herein), the sum of —0-. If the Term does not commence on the first day of a calendar month, Tenant will pay in advance a pro rata part of such sum as Base Rent for such first partial month. Landlord is providing the Leased Premises to Tenant at no cost to Tenant because Landlord has determined that providing space at the Leased Premises for a short time to foreign companies that are seriously considering Fort Worth as a potential location for investment and expansion is a public purpose. REPAIR AND MAINTENANCE 6. Tenant shall keep the Leased Premises including all fixtures installed by Tenant in good and tenantable condition. In addition, Tenant shall pay the cost of repair and replacement due to damage or injury done to the Building (other than the Leased Premises) or any part thereof by Tenant or Tenant's agents, employees, contractors, licensees or invitees. Such amount shall be paid by Tenant to Landlord upon demand, plus interest thereon, as provided in this Lease, from demand until payment. Upon termination of this Lease, Tenant will surrender and deliver up the Leased Premises to Landlord in the same condition in which they existed at the commencement of the Lease, excepting only ordinary wear and tear and damage arising from any cause required hereunder to be repaired at Landlord's expense. FIRE OR OTHER CASUALTY 7. A. If at any time during the Term, the Leased Premises or any portion of the Building or Common Area (as hereinafter defined) shall be damaged or destroyed by fire or other casualty, Tenant understands that under the Master Lease, Baker has the election to terminate the Master Lease within 120 days from the occurrence of such casualty or to repair and reconstruct the Building to substantially the same condition in which they existed immediately prior to such damage or destruction, and that Baker is not required to repair or reconstruct any personal property, furniture, trade fixtures or office equipment which is located in the Leased Premises and removable by Tenant under the provisions of this Lease. If Baker terminates the Master Lease because of fire or other casualty, this Lease shall automatically terminate. B. In any of the aforesaid circumstances, Rent shall abate proportionally during the period and to the extent that the Leased Premises are unfit for use by Tenant in the ordinary conduct of its business. If Baker has elected to repair and restore the Leased Premises to the extent stated above, Lessee may terminate this lease or continue the Lease. In the event that this Lease is terminated as herein permitted, Landlord shall refund to Tenant any prepaid Rent (unaccrued as of the date of damage or destruction) provided Tenant is in compliance with this lease hereunder less any sum owing Landlord by Tenant. If Landlord has elected to repair and reconstruct the Leased Premises to the extent stated above, then the Term shall be extended by a period of time equal to the period of such repair and reconstruction. C:\.DOCUME--1\thompsc.CFW\LOCALS-1\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 2 C. Notwithstanding the provisions of Subparagraphs A. and B. of this Paragraph 7, if the Leased Premises or any other portion of the Building is damaged by fire or other casualty resulting from the fault or negligence of Tenant or any of Tenant's agents, employees, contractors, licensees or invitees, the Rent hereunder shall not be diminished during the repair of such damage and Tenant shall be liable to Landlord for the cost and expense of the repair and restoration of the Leased Premises or the Building caused thereby to the extent such cost and expense is not covered by insurance proceeds. COMPLIANCE WITH LAWS AND USAGE 8. Tenant, at its own expense, will promptly comply with all federal, state, municipal and other laws, ordinances, rules and regulations applicable to the Leased Premises and the business conducted therein by Tenant. INDEMNITY 9. TENANT AGREES TO INDEMNIFY, DEFEND AND SAVE HARMLESS LANDLORD AND ITS EMPLOYEES (COLLECTIVELY "INDEMNITEES") FROM AND AGAINST ANY AND ALL LIABILITIES, DAMAGES, CLAIMS, SUITS, COSTS (INCLUDING COURT COSTS, ATTORNEYS' FEES, AND COSTS OF INVESTIGATION) OF ANY NATURE, KIND OR DESCRIPTION OF ANY PERSON OR ENTITY, DIRECTLY OR INDIRECTLY ARISING OUT OF, CAUSED BY; OR RESULTING FROM (IN WHOLE OR IN PART): (i) THE USE AND OCCUPATION OF THE LEASED PREMISES, (ii) ANY ACT OR OCCURRENCE ON THE LEASED PREMISES, OR ANY PART THEREOF, (iii) THIS LEASE OR THE PERFORMANCE BY TENANT OF ITS OBLIGATIONS HEREUNDER OR (iv) ANY ACT OR OMISSION ON THE PART OF TENANT OR ANY INVITEE, LICENSEE, EMPLOYEE, DIRECTOR, OFFICER, SERVANT, CONTRACTOR, SUBCONTRACTOR OR TENANT OF TENANT OCCURRING ON, IN, OR ABOUT rHE LEASED PREMISES OR THE BUILDING (THE ABOVE HEREINAFTER COLLECTIVELY REFERRED TO AS "CLAIMS"), EXCEPT TO THE EXTENT THAT SUCH CLAIMS ARISE FROM OR ARE ATTRIBUTED TO THE CONCURRENT NEGLIGENCE, SOLE NEGLIGENCE AND/OR STRICT LIABILITY OF ANY OF THE INDEMNITEES. IF ANY ACTION OR PROCEEDING SHALL BE BROUGHT BY OR AGAINST ANY INDEMNITEE IN CONNECTION WITH ANY SUCH LIABILITY OR CLAIMS, TENANT, ON NOTICE FROM LANDLORD, SHALL DEFEND SUCH ACTION OR PROCEEDING, AT TENANT'S EXPENSE, BY OR THROUGH ATTORNEYS REASONABLY SATISFACTORY TO LANDLORD. THE PROVISIONS OF THIS PARAGRAPH SHALL APPLY TO ALL ACTIVITIES OF TENANT WITH RESPECT TO THE LEASED PREMISES OR BUILDING, WHETHER OCCURRING BEFORE OR AFTER THE COMMENCEMENT DATE OF THE TERM AND BEFORE OR AFTER THE EXPIRATION OR TERMINATION OF THIS LEASE. TENANT'S OBLIGATIONS UNDER THIS PARAGRAPH SHALL NOT BE LIMITED TO THE LIMITS OR COVERAGE OF INSURANCE MAINTAINED OR REQUIRED TO BE MAINTAINED BY TENANT UNDER THIS LEASE. C:\DOCUME-1\thompsc.CFW\LOCALS-1\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 3 WAIVER OF LIABILITY 10. NO INDEMNITEE SHALL BE LIABLE IN ANY MANNER TO TENANT OR ANY OTHER PARTY FOR ANY INJURY TO OR DEATH OF PERSONS OR FOR ANY LOSS OF OR DAMAGE TO PROPERTY OF TENANT, ITS EMPLOYEES, AGENTS, CUSTOMERS, INVITEES, OR TO OTHERS, REGARDLESS OF WHETHER SUCH PROPERTY IS ENTRUSTED TO EMPLOYEES OF THE BUILDING. OR SUCH LOSS OR DAMAGE IS OCCASIONED BY CASUALTY, THEFT, OR ANY OTHER CAUSE OF WHATSOEVER NATURE. EXCEPT TO THE EXTENT THAT SUCH INJURY, LOSS OR DAMAGE IS CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF ANY INDEMNITEES, IN NO EVENT SHALL ANY INDEMNITEE BE LIABLE IN ANY MANNER TO TENANT OR ANY OTHER PARTY AS THE RESULT OF THE ACTS OR OMISSIONS OF TENANT, ITS AGENTS, EMPLOYEES, CONTRACTORS OR ANY OTHER TENANT OF THE BUILDING. ALL PERSONAL PROPERTY UPON THE LEASED PREMISES SHALL BE AT THE RISK OF TENANT ONLY AND NO INDEMNITEES SHALL BE LIABLE FOR ANY DAMAGE THERETO OR THEFT THEREOF, EXCEPT TO THE EXTENT THAT SUCH DAMAGE OR THEFT IS CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF ANY INDEMNITEE. WAIVER OF SUBROGATION 11. TO THE EXTENT TENANT CHOOSES TO INSURE THIS PROPERTY, TENANT SHALL REQUIRE ITS INSURANCE CARRIER TO ENDORSE ALL APPLICABLE POLICIES WAIVING THE CARRIER'S RIGHT OF UNDER SUBROGATION OR OTHERWISE IN FAVOR OF ANY INDENINITEE AND PROVIDE A CERTIFICATE OF INSURANCE VERIFYING THIS WAIVER. ADDITIONS AND FIXTURES 12. A. Tenant will make no alteration, change, improvement, repair, replacement or addition to the Leased Premises without the prior written consent of Landlord. If Landlord grants such prior written consent, the work in such connection shall be at Tenant's expense but by workmen of Landlord or workmen and contractors approved in advance in writing by Landlord and in a manner and upon terms and conditions and at times satisfactory to and approved in advance in writing by Landlord. B. Tenant may remove its trade fixtures, office supplies and movable office furniture and equipment not attached to the Building provided: (1) such removal is made prior to the termination of the Term; (2) Tenant is not in default of any obligation or covenant under this Lease at the time of such removal; and (3) Tenant promptly repairs all damage caused by such removal. All other property at the Leased Premises and any alteration or addition to the Leased Premises (including wall-to-wall carpeting, paneling or other wall covering) and any other article attached or affixed to the floor, wall or ceiling of the Leased Premises (any of which as stated above shall require Landlord's prior written consent) shall become the property of Landlord and shall remain upon and be surrendered with the Leased Premises as part thereof at the termination of this Lease, Tenant hereby waiving all rights to any payment or compensation therefor. If, however, Landlord so requests in writing, Tenant will, prior to termination of this Lease, remove any and all alterations, additions, fixtures, equipment and property placed or installed by it or at its request in the Leased Premises and will repair any damage caused by such removal. C:\DOCUME—I\thompsc.CFW\LOCALS—I\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 4 ASSIGNMENT AND SUBLETTING 13. Neither Tenant nor Tenant's legal representatives or successors in interest by operation of law or otherwise shall assign this Lease or sublease the Leased Premises or any part thereof or mortgage, pledge, or hypothecate its leasehold interest or grant any concession or license within the Leased Premises and any attempt by Tenant to do so shall be an Event of Default (as hereinafter defined) hereunder and such attempted act shall be void and of no effect. CERTAIN COVENANTS OF TENANT 14. A. The Tenant shall not exhibit, sell or offer for sale on the Leased Premises or in the Building any article or thing (except those articles and things essentially connected with the stated use of the Leased Premises by the Tenant) without the advance consent of Landlord. B. The Tenant shall not display, inscribe, print, paint, maintain or affix on any place in or about the Building any sign, notice, legend, direction, figure or advertisement without the prior written consent from Landlord. C. No additional locks or similar devices shall be attached to any door or window without Landlord's prior written consent. No keys for any door other than those provided by the Landlord shall be made. If more than two keys for one lock are desired, the Landlord will provide the same upon payment by the Tenant. All keys must be returned to the Landlord at the expiration or termination of this Lease. D. All persons entering or leaving the Building after hours on Monday through Friday, or at any time on Saturdays, Sundays or holidays, may be required to do so under such regulations as the Landlord may impose. The Landlord may exclude or expel any peddler. E. The sidewalks, halls, passages, exits, entrances, elevators and stairways shall not be obstructed by the Tenant or used for any purpose other than for ingress to or egress from its Leased Premises. F. Tenant shall not use, keep or permit to be used or kept any foul or noxious gas or substance in the Leased Premises, or permit or suffer the Leased Premises to be occupied or used in a manner offensive or objectionable to the Landlord or other occupants of the Building by reason of noise, odors and/or vibrations, or interfere in any way with other tenants or those having business there, nor shall any animals or birds be brought in or kept in or about the Leased Premises or the Building. ACCESS BY LANDLORD 15. Landlord, its agents and employees shall have access to and the right to enter upon the Leased Premises at any reasonable time to examine the condition thereof, to make any repairs or alterations required to be made by Landlord hereunder, to show the Leased Premises to prospective purchasers, mortgagees or tenants and for any other purpose deemed reasonable by Landlord. C:\DOCUME-1\thompsc.CFW\LOCALS-1\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 5 DEFAULT AND REMEDIES 16. A. Each of the following acts or omissions of Tenant or occurrences shall constitute an "Event of Default:" (1) Failure or refusal by Tenant to timely pay Rent or other payments hereunder. (2) Failure to perform or observe any other covenant or condition of this Lease by Tenant to be performed or observed prior to the expiration of a period of ten (10) days following written notice to Tenant of such failure. (3) Abandonment or vacating of the Leased Premises or any significant portion thereof for a period in excess of ninety (90) days. (4) The filing or execution or occurrence of: A petition in bankruptcy or other insolvency proceeding by or against Tenant; or petition or answer seeking relief under any provision of the Bankruptcy Act; or an assignment for the benefit of creditors or composition; or a petition or other proceeding by or against the Tenant for the appointment of a trustee, receiver or liquidator of Tenant or any of Tenant's property; or a proceeding by any governmental authority for the dissolution or liquidation of Tenant. B. This Lease and the Term and estate hereby granted and the demise hereby made are subject to the limitation that if and whenever any Event of Default shall occur, Landlord may, at its option, in addition to all other rights and remedies given hereunder or by law or equity, do any one or more of the following: (1) Terminate this Lease, in which event Tenant shall immediately surrender possession of the Leased Premises to Landlord. (2) Enter upon and take possession of the Leased Premises and expel or remove Tenant and any other occupant therefrom, with or without having terminated the Lease. (3) Alter locks and other security devices at the Leased Premises. C. No such alteration of security devices and no removal or other exercise of dominion by Landlord over the property of Tenant or others at the Leased Premises shall be deemed unauthorized or constitute a conversion, Tenant hereby consenting, after any Event of Default, to the aforesaid exercise of dominion over Tenant's property within the Building. All claims for damages by reason of such re-entry and/or repossession and/or alteration of locks or other security devices are hereby waived, as are all claims for damages by reason of any distress warrant, forcible detainer proceedings, sequestration proceedings or other legal process. Tenant agrees that any re-entry by Landlord may be pursuant to judgment obtained in forcible detainer proceedings or other legal proceedings or without the necessity for any legal proceedings, as Landlord may elect, and Landlord shall not be liable in trespass or otherwise. D. In the event Landlord elects to terminate the Lease by reason of an Event of Default, then, notwithstanding such termination, Tenant shall be liable for and shall pay to Landlord at Fort Worth, Tarrant County, Texas, the sum of all Rent and other indebtedness accrued to the date of such termination. C:\DOCUME—I\thompsc.CFW\LOCALS—I\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 6 E. In the event of any default by Landlord, Tenant's exclusive remedy shall be to terminate this Lease (Tenant hereby waiving the benefit of any laws granting the right to terminate this Lease, to a lien upon the property of Landlord and/or upon Rent due Landlord), but prior to any such action Tenant will give Landlord written notice specifying such default with particularity and Landlord shall thereupon have thirty (30) days (plus such additional reasonable period as may be required in the exercise by Landlord of due diligence) in which to cure any such default. Unless and until Landlord fails to so cure any default after such notice, Tenant shall not have any remedy or cause of action by reason thereof. All obligations of Landlord hereunder will be construed as covenants, not conditions, and all such obligations will be binding upon Landlord only during the period of its ownership of the Building and not thereafter. Landlord shall have no corporate liability for the performance of any obligations hereunder, recourse by any party for default against Landlord being limited to Landlord's interest in the Building. The term "Landlord" shall mean only the owner of the Building at the date of commencement of the Term, and in the event of the transfer by such owner of its interest in the Building, such owner shall thereupon be released and discharged from all covenants and obligations of the Landlord thereafter accruing, but such covenants and obligations shall be binding during the Term upon each new owner for the duration of such owner's ownership. NONWAIVER 17. Neither acceptance of Rent by Landlord nor failure by Landlord to complain any action, nonaction or default of Tenant shall constitute a waiver of any of Landlord's rights hereunder. Waiver by Landlord of any right for any default of Tenant shall not constitute a waiver of any right for either a subsequent default of the same obligation or any other default. NOTICE 18. Any notice or request which may or shall be given under the terms of this Lease shall be in writing and shall be either delivered by hand to the Building management office (for Landlord) or the Leased Premises (for Tenant) or sent by United States Registered or Certified Mail, postage prepaid, addressed to the parties hereto at the respective addresses set out opposite their names below. Such addresses may be changed from time to time by either party giving notice as pr above. Notice shall be deemed given when delivered (if delivered by hand) or n p tmarked (if sent by mail). Ten Landlord: T�� of FortWorth, "ll f irk c�r�h -7woa Attn: C:\DOCUME-1\thompsc.CFW\LOCALS-1\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 7 MISCEL- LANEOUS 19. A. In all instances where Tenant is required hereunder to pay any sum or do any act at a particular indicated time or within an indicated period, it is understood that time is of the essence. B. Under no circumstances whatsoever shall Landlord ever be liable hereunder for consequential damages or special damages. C. All monetary obligations of Landlord and Tenant (including, without limitation, any monetary obligation of Landlord or Tenant for damages for any breach of the respective covenants, duties or obligations of Landlord or Tenant hereunder) are payable exclusively in Fort Worth, Tarrant County, Texas. D. In the event of variation or discrepancy between copies of this Lease, Landlord's original copy shall control. E. If, because of any act or omission of Tenant, its employees, agents, contractors, or subcontractors, any mechanic's lien or other lien, charge or order for the payment of money shall be filed against Landlord or against all or any portion of the Leased Premises or the Building, Tenant shall, at its own cost and expense, cause the same to be discharged of record within thirty (30) days after the filing thereof, and Tenant shall indemnify and save harmless Landlord against and from all costs, liabilities, suits, penalties, claims and demands, including reasonable attorneys' fees, resulting therefrom. INVALIDITY OF PARTICULAR PROVISIONS 20. If any clause or provision of this Lease is or becomes illegal, invalid or unenforceable because of present or future laws or any rule or regulation of any governmental body or entity, effective during the Term, the intention of the parties hereto is that the remaining parts of this Lease shall not be affected thereby unless such invalidity is, in the sole determination of the Landlord, essential to the rights of both parties, in which event Landlord has the right, but not the obligation, to terminate this Lease on written notice to Tenant. SUBSTITUTE PREMISES 21. Landlord shall have the right at any time during the Term, upon giving Tenant not less than sixty (60) days prior written notice, to provide and furnish Tenant with space elsewhere in the Building of approximately the same size as the Leased Premises and remove and place Tenant in such space, with Landlord to pay all reasonable costs and expenses incurred as a result of such removal of Tenant. Should Tenant refuse to permit Landlord to move Tenant to such new space at the end of such sixty (60) day period, Landlord shall have the right to cancel and terminate this Lease effective ninety (90) days from the date of original notification by Landlord. If Landlord moves Tenant to such new space, this Lease and each and all of its terms, covenants and conditions shall remain in full force and effect and be deemed applicable to such new space and such new space shall thereafter be deemed to be the Leased Premises as though Landlord and Tenant had entered into an express written amendment to this Lease with respect thereto. C:\DOCUME—I\thompsc.CFW\LOCALS—I\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 8 ENTIRE AGREEMENT AND BINDING EFFECT 22. This Lease, addenda or exhibits signed by the parties constitute the entire agreement between Landlord and Tenant. No prior written or prior or contemporaneous oral promises or representations shall be binding. This Lease shall not be amended changed or extended except by written instrument signed by both parties hereto. Paragraph captions are for convenience only and neither limit nor amplify the provisions of this Lease. The provisions of this Lease shall be binding upon and inure to the benefit of the heirs, executors, administrators, successors and assigns of the parties, but this provision shall in no way alter the restriction herein in connection with assignment and subletting by Tenant. C:\DOCUME-1\thompsc.CFW\LOCALS-1\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 9 EXECUTED in multiple cou terparts, each of which shall have the force and effect of an original, on this the ✓Sf day of 2003. LANDLORD TENANT CITY OF FORT WORTH By: l,b__1 (�ftA..",10( BY: 64t.�l U t Name: Title: ATT E D BY City Secretary Contract Authorization Date: a�-t [ 0 APP ED FORM AND LEGALITY ssista City Attorney s . W.R.191 TES, C:\DOCUME—I\thompsc.CFW\LOCALS—I\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 10 EXHIBIT "A" Property Description Lots 1, 2, 3 and 4, Block 108, Original Town of Fort Worth, an Addition to the City of Worth, Tarrant County, Texas C:\DOCUME—I\thompsc.CFW\LOCALS---I\Temp\GENERAL SUB-LEASE 2003-at no cost.doc 11 City of Fort Worth, Texas "avow and coun"R Communication DATE REFERENCE NUMBER LOG NAME PAGE 2/29/00 **L-12737 02BAKER 1 of 2 SUBJECT AUTHORIZATION TO AMEND THE LEASE BETWEEN THE CITY OF FORT WORTH AND FORT WORTH BAKER BUILDING, L.P. FOR THE FORT WORTH INTERNATIONAL CENTER RECOMMENDATION: It is recommended that the City Council authorize the City Manager to execute a second amendment to the lease between the City of Fort Worth and Fort Worth Baker Building, L.P., dated March 28, 1997 (M&C L-11942), leasing space in the Baker building for the Fort Worth International Center. The amendment renews the lease for an additional five years, commencing April 1, 2000 at an annual rate of $140,335.00 for three years and an annual rate of $161,925.00 for the last two years. DISCUSSION: The Fort Worth International Center occupies 10,795 square feet of office space on the ground floor of the Baker Building, located at 110 West 7th Street. A five-year lease amendment has been negotiated at the rate of $13.00 per square foot for the first three years and $15.00 per square foot for the last two years. Of the $140,335.00 annual rate for the first three years, co-locators at the International Center will contribute $26,936.00, and of the $161,925.00 for the last two years, co-locators will contribute $31,080.00. The base rent will be subject to annual adjustments for increases in operating expenses of the building over and above those established during the 1999 base year, and Center tenants will pay proportionate shares accordingly. Working together with international community groups, the City of Fort Worth created the Fort Worth International Center in 1997 to support international activities and provide services to Fort Worth citizens interested in international business, cultural exchange, education and service activities. Comprised of ten different international organizations, the Fort Worth International Center enhances the City's international image, increases international relations and trade, and creates greater opportunities and jobs for the citizens of Fort Worth. The Center is a public/private partnership funded by the City of Fort Worth and the organizations with offices in the Center. Since mid-1997, organizations in the International Center have had a measurable economic impact of $13.1 million; provided 2,183 counseling sessions; and hosted over 2,104 international visitors and 13,500 domestic visitors. Co-locators at the Fort Worth International Center: American-Thai Education Foundations and Yonck College Fort Worth Hispanic Chamber of Commerce Fort Worth Sister Cities International City of Fort Worth Office of International Affairs City of Fort Worth Strategy 2000 Tarrant County Asian American Chamber of Commerce Tarrant County College's International Small Business Development Center U.S. Department of Commerce Fort Worth Export Assistance Center U.S.-Argentina Chamber of Commerce iWorld Affairs Council of Greater Fort Worth City of Fort Worth, Texas "avow and Council Communication DATE REFERENCE NUMBERLOG NAME PAGE 2/29/00 **L-12737 02BAKER 2 of 2 SUBJECT AUTHORIZATION TO AMEND THE LEASE BETWEEN THE CITY OF FORT WORTH AND FORT WORTH BAKER BUILDING, L.P. FOR THE FORT WORTH INTERNATIONAL CENTER FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that funds are available in the current operating budget, as appropriated, of the General Fund. MG J Submitted for City Manager's FUND ACCOUNT CENTER I AMOUNT CITY SECRETARY Office by: (to) Ramon Guajardo 6140 &DMVFO Originating Department Head: CITY COUNCIL Ricardo Roberto 212-2661 (from) FEB 29 YPnA GG01 537010 0028010 $70,167.50 y Additional Information Contact: CUT 5@CXftr7 44 Jacqueline Bender 212-2660 Caf d yen woim,