HomeMy WebLinkAboutResolution - 2024-R0098 - Amendment, Commercial Lease, March 23, 2017, BR Griffin Oil & Gas, LTD - 02/27/2024Resolution No. 2024-R0098
Item No. 7.21
February 27, 2024
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 Commercial Lease
dated March 23, 2017 for the use of property and structures, by and between the City of
Lubbock and BR Griffin Oil & Gas, TLD, 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
ATTEST:
Cou ney Paz, City Secretary �
Al'PROVED AS TO CONTENT:
TRAY PAYNE AYOR y
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Greg Rushin, C ief ' Police
APPROVED AS TO FORM:
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Ha sell, Assistant City Attorney
February 27, 2024
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January 23, 2024
Resolution No. 2024-R0098
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LEASE EXTENSION
This Amendment to Commercial Lease ("Amendment") 13350 is dated effective February 27 , 2024,
by and between BR GRIFFIN OIL & GAS, TLD ("Landlord") and CITY OF LUBBOCK ("TenanY'). The
parties agree as follows:
RECITALS
WHEREAS, Landlord and Tenant entered into that certain Commercial Lease dated March 23, 2017 for
the lease of the property described as LOT 3, RIl' ADDTTION, City of Lubbock, Lubbock, County, Texas
for a primary term of two (2) years ternunating on February 28, 2019 with an option to automatically renew
for a total of five (5) additional one (1) year terms (hereinafter referred to as "Lease").
WHEREAS, the Lease is set to expire on March 18, 2024.
WHEREAS, Landlord and Tenant now desire to amend the Lease by renewing and extending the term of
the Lease, as further detailed below.
NOW TI-IEREFORE, the Landlord and Tenant agree to amend the Lease as follows:
AGREEMENT
1. The terms and conditions of the Lease are hereby amended by amending the following provisions:
The primary term of the lease shall be twenty-four (24) months commencing on March 17, 2024,
and ending at 11:59 p.m. on the 16`h day of March 2026, upon the following terms, conditions, and
covenants:
3. RENEWALS. This lease shall be automatically renewable at the end of the primary term for
five (5) consecutive one-year terms upon the same conditions and covenants contained herein
unless either party shall give written notice of a desire to terminate the lease at least thirty (30) days
prior to the expiration of the primary term or any subsequent renewal period.
2. Except as expressly amended hereby, the Lease remains unchanged and in full force effect.
3. In the event of a conflict between the terms of the Lease and this Amendment, the provisions of
the Lease shall control.
4. This Amendment may be executed and delivered in any number of counterparts, each of which so
executed and delivered will be deemed an original and all which shall constitute one and the same
instrument. Either party may deliver its signature to the other via facsimile or electronic transmission
(such as in the form of a PDF), and any signature so delivered shall be binding on the delivering party.
IN WITNESS WHEREOF, Landlord and Tenant, intending to be legally bound, have executed this
Amendment on the date first written above, for the purpose of documenting the amendment to the
Lease.
{Remainder of page left blank intentionally; Signature page to follow}
LESSEE:
CITY OF LUBBOCK
Tray Payne, ayo
ATT ST:
Cou ney Paz, City S reta
APPROVED AS TO CONTENT:
Chief of Polic
APPROVED AS TO FORM
Jef arts 1, Deputy City Attorney
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