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Res 087-2003 8/5/2003RESOLUTION NO. I � RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE LEASE AGREEMENT WITH THE WICHITA FALLS ARTS COUNCIL FOR THE PROPERTY AT 1300 LAMAR STREET; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, on December 31, 1998, the City of Wichita Falls and the Arts Council, Wichita Falls Area, Inc., entered into a 50 -year lease agreement for the property formerly known as the Kemp Public Library located at 1300 Lamar Street; and, WHEREAS, it is the desire of both parties to amend the lease agreement to grant the City an annual option to terminate the lease upon sixty (60) days' written notice. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The City Manager is hereby authorized to execute the attached Lease Amendment No. 1 to the lease agreement between the City and the Arts Council, Wichita Falls Area, Inc. SECTION 2. It is officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 5`" day of August, 2003. MAYOR ATTEST: AMENDMENT TO LEASE THIS AMENDMENT NO. 1 TO LEASE AGREEMENT is made and entered by and between the City of Wichita Falls ( "Landlord ") and the Arts Council, Wichita Falls Area, Inc. ('Tenant') this day of 200 Landlord: City of Wichita Falls 13007 1h Street Wichita Falls, Texas 76301 Wichita County Tenant: Arts Council, Wichita Falls, Area, Inc. P. O. Box 1101 Wichita Falls, Texas 76307 Wichita County Premises: The building known as Kemp Public Library, located at 1300 Lamar Street Wichita Falls, Texas 76301 and legally described as: All of Block 215 in the Original Town of Wichita Falls, Wichita County, Texas Lease: dated December 31, 1998 The Lease is hereby amended so as to provide that Landlord is granted an annual option to terminate the term of the Lease upon written notice delivered to Tenant at least sixty (60) days prior to the then current year term of the Lease. Such termination may be made without cause and without penalty. In the absence of such notice, the lease term shall continue for the following year. The Effective Date of this Amendment to Lease is 200 Landlord: City of Wichita Falls 0 Tenant: Arts Council, Wichita Falls Area, Inc. 0 STATE OF TEXAS § COUNTY OF WICHITA § This instrument was executed and acknowledged before me on this day of , 2003, by Jim Berzina, City Manager for the City of Wichita Falls, on behalf of said city. Notary Public, State of Texas STATE OF TEXAS § COUNTY OF WICHITA § of This instrument was executed and acknowledged before me on this 2003, by _ of Arts Council, Wichita Falls Area, Inc. EM Notary Public, State of Texas