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HomeMy WebLinkAboutContract 35306-R2 :,ITY SECRETAW ' CONTRACT NO. 15 SEp 28 p FORTWORTH faGV 'Z September 24, 2015 Theron Bryant, Principal The Atrium Remains the Same, LLC c/o Coldwell Banker Commercial Alliance 255 N. Center Street, Suite 200 Arlington, Texas 76011 Re: Second Renewal to Lease Agreement between the City of Fort Worth ("Lessee") and The Atrium Remains the Same, LLC ("Lessor"), current owner for space at 8851 Camp Bowie West (City Secretary Contract No. 35306, 35306-111) Dear Mr. Bryant: This letter shall serve as notice that the City of Fort Worth would like to exercise the second option to renew the lease at 8851 Camp Bowie West with The Atrium Remains the Same, LLC, the entity which acquired the property from Hwy 80 Capital, L.P. on June 10, 2013, D213148433, for the second five-year term effective December 1, 2015 and expiring on November 30, 2020, per the terms outlined in the Agreement. The lease rate effective on December 1, 2015 will be 514.56 per square foot for the second five- year term of the lease. On May 28, 2015, the City of Fort Worth gave notice of its intent to renew the lease for this property. Our understanding is that The Atrium Remains the Same, LLC is in agreement with the proposed renewal. Please have the two enclosed original documents signed by the appropriate party and return them to Jean Petr, City of Fort Worth, Property Management, 900 Monroe, Fort Worth, Texas, 76102, for execution and the assignment of a contract number in the Office of the City Secretary of Fort Worth. A fully executed copy will be returned to you for your files. The signatures below indicate each party's concurrence with these terms. OFFICIAL RECORD RECE1VEd [SIGNATURES ON FOLLOWING PAGE] CITY SECRETARY Fort Worth p�T -92015 FT. WORTH, TX b3ftd Mk4owncriG11`(OFFORTW�RZH PROPERTY MANAGEMENT DEPARTMENT 11ir1 'T?C ?'-_{ARY REAL PROPERTS'DIVISION THE CITY OF FORT WORTH*OFFICIAL:1000 THROCKMORTON,MAILING:900 MONROE STREET,SMITE 404*FOiZTWoRIn. 1%4.1"3•2MI TEXAS 76102 (817)392-8367 LESSEE: CITY OF FORT WORTH sus J. Chapa, Assistant City Manager APPROVED AS TO FORM AND LEGALITY: L' am D. Guzman, Assistant City Attorney City Secretary No. 35306, 35306-R1 q��4�n�nn M&C L-14314 ow 00000000- 000 o�j���i TESTED. O o 0 a*°o° 00 ,ay J. er;ity cretary 00000000 ,cj 4 b`y LESSOR: THE ATRIUM REMAINS THE SAME, LLC By: cq)� Gary 1 Walker, Manager OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX Fort Worth blad PROPERTY MANAGEMENT DEPARTMENT 1 I I I I REAL PROPERTY DIVISION THE CTTY OF FORT WORTH*OFFICIAL:1000 THROCKMORTON;MAILING:900 MONROE STREET,SUITE 404*FORT WORTH, 1%4•19"•2011 'rE.rAs 76102 (817)392-8367