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HomeMy WebLinkAboutResolution - 2019-R0090 - Amendment 3 To Office Lease - Housing Authority - 03/26/2019 Resolution No. 2019-R0090 Item No. 7.9 March 26, 2019 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, Amendment No.3 to the Office Lease for additional square footage for City of Lubbock Public Health Department Services, by and between the City of Lubbock and Housing Authority of the City of Lubbock, Texas, and related documents. Said Amendment to the Office Lease 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 March 26, 2019 DANIEL M. POPE, MAYOR ATTEST: Rebe ca Garza, City S cret ry APPROVED AS TO CONTENT: Bill How on, eputy Cit Manager APPROVED AS TO FORM: Ryan P6oo Assistant City Attorney RL'S.Lease Amendment No.3-LHA 3,4.19.doc Resolution No. 2019-R0090 AMENDMENT NO.3 TO OFFICE LEASE WHEREAS, on June 21, 2012, 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 5800 square feet in the Lubbock Housing Authority Administrative Building located at 1708 Crickets in Lubbock, Texas 7 940 1; WHEREAS, the Office Lease set forth the Base Rent (monthly) as $3,383.34 based on 5800 square feet at$7.00 per square foot; WHEREAS, the Office Lease provided that the lease may be amended only by an instrument in writing signed by Landlord and Tenant; WHEREAS, the Tenant and Landlord previously amend the Office Lease to include an additional 528 square feet for three (3) additional offices next door to the office space occupied by the Health Department at an additional monthly rent of$352 calculated at $7.00 per square foot plus $1.00 per square foot for utilities, making the total monthly rent $3,735.34,- WHEREAS, 3,735.34;WHEREAS, the Tenant and Landlord amended the Office Lease a second time to include an additional 162 square feet of space occupied by the Health Department at an additional monthly rent of$108 calculated at $7.00 per square foot plus `61.00 per square foot for utilities, making the total monthly rent $3,843.34; and WHEREAS, the Tenant and Landlord wish to amend the Office Lease to include an additional 522 square feet of space occupied by the Health Department at an additional monthly rent of $348 calculated at $7.00 per square foot plus $1.00 per square foot for utilities, making the total monthly rent$4,175.34, 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: 7012 square feet Name of building: Lubbock Housing Authority Administrative Building Street address/suite: 1708 Crickets City, state, zip: Lubbock, Texas 79401 Base Rent (monthly): $4,175.34 (based on the original 5800 square feet at $7.00 per square foot and $7.00 per square foot plus $1.00 per I square foot for the utilities for the additional 528, 162 and 522 square feet.) There shall be no additional Security Deposit and no additional charge for utilities. The additional rent shall be due beginning in the first month for which the Tenant takes possession of the additional space. 2) That Section E. 20. of the Office Lease is hereby substituted and replaced by the following language: 20. Tenant's Option to Reneiv, Termination. a. Tenant is granted and will, if not then in default under this lease, have an option to renew this lease for two additional five year terms from the lease expiration date and the first renewal expiration date, but the rent will be at such monthly rental as may be negotiated between Landlord and Tenant prior to that time. This option may be exercised only by Tenant delivering to Landlord, in person or by mail ninety (90) days before the lease or first renewal term expires, written notice of the election to renew this lease as provided. b. Landlord or Tenant may, at its election, terminate this lease by giving the other party thirty (30) days written notice that lease is terininated. Such written notice must state the reason for cancellation LANDLORD: HOUSING AUTHORITY OF THE CITY OF LUBBOCK By: ��Z.'— - IKE CHAPMA , Executive Director TENANT: CITY OF LUBBOCK, TEXAS By: DANIEL M. POPE, Mayor ATTEST: By: Qjj�u'lz R BECCA GARZA, I Secretary 2 APPROVED AS TO CONTENT: By: _ F, BILL I WERTON, De y City Manager APPROVED AS TO FORM: By: -x,,X,�fc A BRO K , Assistant City rney Health Dept\Amendment 3 to 011-ice Lease 3.15.19.doc