HomeMy WebLinkAboutRES 08-307 RESOLUTION NO. 08-307
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
THAT the City Manager be and he is hereby authorized to execute Amendment No. 4 to
the 1992 Lease Agreement with the University of Texas Medical Branch at Galveston
(UTMB) to extend the lease for one (1) year beginning October 7, 2008, and expiring
October 6, 2009, and increasing the rental rate from $2,870 per month to $3,000. The
amendment is substantially in the form attached hereto as Exhibit "A" and made a part
hereof for all purposes.
PASSED by the City Council of the City of Beaumont this the 18th day November,
2008.
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Mayor Becky Ames -
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FOURTH AMENDMENT AND RENEWAL
OF SPACE LEASE AGREEMENT
This Fourth Amendment and Renewal of Space Lease Agreement("Amendment")is entered into
by and between the CITY OF BEAUMONT ("Lessor") and the BOARD OF REGENTS OF THE
UNIVERSITY OF TEXAS SYSTEM, for the use and benefit of The University of Texas Medical
Branch at Galveston("Lessee"),effective as of October 7,2008.
RECITALS
A. Lessor and Lessee entered into that Space Lease Agreement(the "Lease") dated as of October 7,
1992, wherein Lessor leased to Lessee and Lessee leased from Lessor approximately 8,200 net
usable square feet located at 950 Washington Boulevard in Beaumont, Texas, as more specifi-
cally described in the Lease.
B. Lessor and Lessee subsequently amended the original Lease by a First Amendment dated
September 24, 1997, which extended the term of the Lease to begin on October 7, 1997 and end
on October 6, 2002. Lessor and Lessee subsequently amended the original Lease by Second
Amendment dated March 6, 2002, which extended the term of the Lease to begin on October 7,
2002 and end on October 6, 2007. Lessor and Lessee subsequently amended the original Lease
by Third Amendment dated October 7, 2007, which extended the term of the Lease to begin on
October 7,2007 and end on October 6,2008.
C. Lessor and Lessee wish to amend this Lease to renew and extend the term of the Lease and wish
to enter into this Amendment to evidence the renewal of the term and increase the rent.
AGREEMENT
In consideration of the terms and conditions set forth herein,and for other good and valuable con-
sideration,the receipt and sufficiency of which are hereby acknowledged,Lessor and Lessee hereby agree
to amend the Lease as follows:
1. Renewal of Lease Term. The term of the Lease is extended for an additional period commenc-
ing October 7, 2008 and ending on October 6, 2009,unless sooner terminated as provided in the
Lease. Lessor and Lessee agree that execution of this Amendment by both parties is effective to
extend the term, and any other conditions for extension contained in the Lease are hereby waived
for the purposes of this renewal term.
2. Monthly Rental. Lessee will pay Lessor a rental of not more than THREE THOUSAND AND
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EXHIBIT `A'
Z
NO/DOLLARS($3,000.00),per month during the term commencing October 7,2008 and ending
October 6,2009.
3. Change in Location. If Lessor moves its health department offices from the leased premises
located at 950 Washington Boulevard in Beaumont,Texas,to another location,Lessee shall have
the option to terminate this Lease upon 30 days written notice or enter into a new lease agreement
with Lessor for space in the new location.
4. Defined Terms and Ratification. Except as amended or modified by this Amendment, the
Lease shall continue in full force and effect as therein provided and the Lease is hereby ratified in
all respects by Lessor and Lessee. Except as otherwise defined in this Amendment, each of the
terms used herein shall have the same meaning assigned to such terms in the Lease.
IN WITNESS WHEREOF, Lessor and Lessee have caused this Amendment to be ex-
ecuted by their authorized representatives, to be effective as of the year and date first above
written.
LESSOR: LESSEE:
The City of Beaumont,Texas Board of Regents of the University of Texas
System for the use and Benefit of The University
of Texas Medical Branch at Galveston
By: By:
Kyle Hayes Lawrence E.Revill
City Manager Vice President of Finance
Date: Date:
Content Reviewed
Approved:
By:
Gary D.V. Hankins,M.D.
Jenny Sealy Distinguished Professor
and Chair Obstetrics &Gynecology
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THE STATE OF TEXAS §
COUNTY OF GALVESTON §
This instrument was acknowledged and sworn to before me on the day of
2008,by Lawrence E.Revill,Vice President of Finance, for on behalf
of the Board of Regents of The University of Texas System.
Notary Public, State of Texas
Printed Name:
Commission Expires:
THE STATE OF TEXAS §
COUNTY OF GALVESTON §
This instrument was acknowledged and sworn to before me on the day of
,2008,by of the
City of Beaumont,Texas, for and on behalf of the City of Beaumont,Texas
Notary Public, State of Texas
Printed Name:
Commission Expires:
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