HomeMy WebLinkAboutResolution - 2018-R0082 - N50SQ, LLC - 02/22/2018Resolution No. 2018-R0082
Item No. 6.12
February 22, 2018
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for
and on behalf of the City of Lubbock, an Amendment to that certain Lease Agreement dated March
23rd, 2017, by and between the City of Lubbock and N50SQ, LLC, and related documents. Said
Amendment is attached hereto and incorporated in this resolution as if fully set forth herein and
shall be included in the minutes of the City Council.
Passed by the City Council on February 22, 2018
ATTEST:
)�(-
Rebeka Garza, City Secret y
APPROVED AS TO CONTENT:
Bill Howert, Assistant Cit pager
APPROVED ASNO FORM:
DANIEL M. POPE, MAYOR
City Attorney
ccdocs/RES.Amendment to Lease N50SQ, LLC
01.30.2018
Resolution No. 2018-R0082
STATE OF TEXAS §
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF LUBBOCK §
AMENDMENT TO LEASE AGREEMENT
This Agreement is entered into by the CITY OF LUBBOCK (referred to herein
as "Lessor"), a Home Rule Municipality of Lubbock County, Texas, and N50SQ, LLC
(referred to herein as "Lessee").
WITNESSETH:
WHEREAS, Lessor and Lessee executed a Lease Agreement on the 23rd day of
March, 2017, in which Lessee was granted the privilege of leasing 47,950 sq. ft. of land
to build a hangar for their personal aircraft; and
WHEREAS, Lessee desires to lease additional land of 4,052.75 sq. feet for
customer parking,
NOW THEREFORE, Lessor and Lessee agree as follows:
I.
Article One, 1.01 Leased Premises, is amended by adding the following sentence:
"Land for customer parking — 4,052.75 square feet"
The additional leased land is described in Exhibit "A-1 ".
II.
Article Three, 3.01 Rentals, A. Ground Rental, is amended by adding:
"4. Land rental for customer parking for 4,052.75 sq. ft. at $.1799 per sq. ft. per
year is $729.09 annually; $60.76 monthly."
Executed this 22nd day of February , 2018.
CITY OF LUBBOCK NSOSQ, LLC
BY: BY: C�--
Daniel M. Pope, MAYOR
Title:
ATTEST:
0
Rebe CaGarza,-City Se e
APPROVED AS TO CONTENT:
-U
Bill H rton,
Assisffnt City Manager
Date: �A�
Page 2
rs'
25'
w
N
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Z
15'
LEGEND:
EXHIBIT "A-1"
A 1.1008-ACRE TRACT OF LAND IN
SECTION 28, BLOCK A, ABST. NO.685,
LUBBOCK-PRESTON SMITH INTERNATIONAL AIRPORT,
LUBBOCK COUNTY, TEXAS
Additional 25' west
of current boundary
EXISTING 47,740-SQUARE FOOT NORTHING: 7,299,699.30
LEASE EASTING: 954,855.62
�1
3 EXISTING LEASE BOUNDARY
_t__.__�._
w S.88'32 25'E 295.90'
❑
NOTE PROPOSED AND EXISTING
IMPROVEMENTS ARE SHOWN FOR REFERENCE
ONLY. THIS DOES NOT CONS7TTUTF A
TOPOGRAPHIC SURVEY OF THIS PROPERTY
I
a 47,950 SQUARE FEET
1.1008 ACRES
in
N. 88'30' 16 "W. 295.35'
OF
NORTHING: 7, 299, 544, 82
FASTING: 954,555.65
THE SOUIHW£ST CORNER OF SECTION 28
BEARS S.01'34 381Y. 51.08' AND
N.88'2522 W.. 1132,40' FROM THIS POINT
(PER CALLS IN PREVIOUS DESCRIPTIONS)
SCALE I' = 50'
Q = SET 1/2'IRON ROD WITH CAP PSC RPLS 6453'
X = SET WAG' NAIL WITH WASHER PSC RPLS 6453'
0 = FOUND 112'IRON ROD WITH CAP STEVENS RPLS 4339'
X = FOUND IMAG' NAIL
This document has been modified from its
original release. PSC is not liable for the
additional information shown on this survey.
The information shown on this document is
for discussion purposes only and its use for
discussion was granted by PSC.
O
2
U
0
01'48'47'
SURVEYORS REPORT
THIS SURVEY IS BASED ON THE TEXAS COORDINATE SYSTEM OF 1983
(NAD'83),
CONVERGENCE =-01'48'47' TO TRUE NORTH BEARINGS
COMBINED SCALE FACTOR = 0.999772388
DISTANCES REPORTED HEREON ARE AT SURFACE.
AREAS REPORTED HEREON ARE BASED ON CALCULATIONS MADE AT
SURFACE DISTANCES.
THIS SURVEY IS SUBJECT TO ANY FACTS WHICH MAY BE DISCLOSED BY
A FULL AND ACCURATE TITLE SEARCH. RECORD DOCUMENTS OTHER
THAN THOSE SHOWN MAY AFFECT THIS TRACT.
MONUMENTS INDICATED AS FOUND BY THIS SURVEY ARE NOT 'PHYSICAL
MONUMENTS OF RECORD DIGNITY' UNLESS SO NO7ED.
FOUND MONUMENTS ARE ACCEPTED BY THIS SURVEYOR AS
CONTROLLING EVIDENCE DUE TO SUBSTANTIAL AGREEMENT WITH RECORD
DOCUMENTS.
THIS PLAT IS INVALID UNLESS IT BEARS THE SURVEYOR'S ORIGINAL
SEAL AND SIGNATURE.
A METES AND BOUNDS DESCRIP77ON OF THIS TRACT IS INCLUDED ON
PAGE 1 OF THIS DOCUMENT.
PAGE 2 OF 2
PARKHILL SMITH & COOPER
TBPLS FIRM REGISTRATION NO.10194091
4222 85TH STREET
rim LUBBOCK, TX. 79423
806.473.2200
®2017. ALL RIGHTS RESERVED
CERTIFICATE OF INTERESTED PARTIES
FORM 1295
lofl
Complete Nos. 1- 4 and 6 if there are interested parties.
OFFICE USE ONLY
Complete Nos. 1, 2, 3, 5, and 6 if there are no interested parties.
CERTIFICATION OF FILING
Certificate Number:
1
Name of business entity filing form, and the city, state and country of the business entity's place
of business.
2018-309008
N50SQ, LLC
Lubbock, TX United States
Date Filed:
02/01/2018
2
Name of governmental entity or state agency that is a party to the contract for which the form is
being filed.
City of Lubbock Airport
Date Acknowledged:
3
Provide the identification number used by the governmental entity or state agency to track or identify the contract, and provide a
description of the services, goods, or other property to be provided under the contract.
13360
Ground Lease
4
Name of Interested Party
City, State, Country (place of business)
Nature of interest
(check applicable)
Controlling I
Intermediary
5
Check only if there is NO Interested Party.
X
6
UNSWORN DECLARATION
/�
My address is $G . J.�,�r ��� , ��QC�'� % u5A .
(street) (city) (state) (zip code) (country)
I declare under penalty ofperjury that the foregoing is true and correct.
Executed in j�t�OC County, State of rZKCL-% on the day of r am, 20-L.
(month) (year)
"-�gnaw4e of authoriz agent of contracting business entity
(Declarant)
Forms provided by Texas Ethics Commission www.ethics.state.tx.us Version V1.0.5523