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HomeMy WebLinkAboutResolution - 2021-R0101 - Amendment No. 1 to Office Lease with LHA 3.23.2021Resolution No. 2021-RO101 Item No. 6.18 March 23, 2021 RESOLUTION IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: [AT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and behalf of the City of Lubbock, Amendment No. 1 to the Office Lease for additional square stage for City of Lubbock Community Development Department, by and between the City Lubbock and Housing Authority of the City of Lubbock, Texas, and related documents. .d Amendments are attached hereto and incorporated in this resolution as if fully set forth •ein and shall be included in the minutes of the City Council. by the City Council on March 23, 2021 DANIEL, M. POPE, MAYOR TTEST: Garza, City AS TO CONTENT: City AS TO FORM: R n B ooke, Assistant City Attorney RES.Amendment No. I. LI IA Office Lcase-CD 3.3.21 Resolution No. 2021-RO 101 Community Development: AMENDMENT NO.1 TO OFFICE LEASE WHEREAS, on November 19, 2019, the City of Lubbock (as Tenant) entered into an Office Lease with the Housing Authority of the City of Lubbock (as Landlord); WHEREAS, the Office Lease set forth the Premises to be leased to the Tenant as Approximately 2500 square feet in the Lubbock Housing Authority Administrative Building located at 1708 Crickets in Lubbock, Texas 79401; WHEREAS, the Office Lease set forth the Base Rent (monthly) as $2,083.33 based on 2500 square feet at $9.00 per square foot plus $1.00 per square foot for the utilities; WHEREAS, the Office Lease provided that the lease may be amended only by an instrument in writing signed by Landlord and Tenant; and WHEREAS, the Tenant and Landlord desire to amend the Office Lease to include an additional 997 square feet for additional offices and storage adjacent to the office space occupied by the Community Development at an additional monthly rent of $830.84 calculated at $9.00 per square foot plus $1.00 per square foot for utilities, leaving all other terms of the Office Lease as they are; NOW THEREFORE, the following terms of the above -described Office Lease are hereby amended as follows: 1) Premises Approximate square feet: Name of building: Street address/suite: 3,497 square feet Lubbock Housing Authority 1708 Crickets Avenue City, state, zip: Lubbock, Texas 79401 Base Rent (monthly): 3497 square feet Lubbock Housing Authority Administrative Building 1708 Crickets Lubbock, Texas 79401 $2,914.17 (based on new total of 3497 square feet at $9.00 per square foot plus $1.00 per square foot for the utilities.) There shall be no additional Security Deposit and no additional charges for utilities. The additional rent shall be due beginning in the first month for which the Tenant takes possession of the additional space. Term (months): Twelve (12) months, subject to provisions of section E. 21 of this agreement. Tenant and Landlord retain the right, at its election, to terminate this lease by giving the other Party thirty (30) days written notice that lease is terminated. Commencement Date: April 1, 2020 Termination Date: March 31, 2022 TENANT: CITY OF LUBBOCK, TEXAS I0 DANIEL M. POPE, Mayor Date: March 23, 2021 ATTEST: By: QA"" ) R ECCA GARZA, Ci cretary LANDLORD: HOUSING AUTHORITY OF THE CITY OF LUBBOCK BY:Ct� &�cs.�. MIKE CHAPMAN, Executive Director Date: 3' go' % APPROVED AS TO CONTENT: By: _ BILL WERTON, De ity Manager APPROVED AS TO FORM: By: ZLZ6—f—� AA B KE, Assistant City Attorney 7B Lease.Amendment 1 to Office Lease -CD 3.3.21.doc