Loading...
HomeMy WebLinkAbout1998-112, 64FIM®W® LWwD"."C.0&' ORDINANCE NO / e ! Ilk AN ORDINANCE AUTHORIZING LEASE AMENDMENT NO 1 TO THE LEASE BETWEEN THE CITY OF DENTON AND GREATER DENTON ARTS COUNCIL, INC DATED SEPTEMBER 1, 1981 RELATING TO THE WAREHOUSE AND MACHINE SHOP AND ELECTRIC DIESEL PLANT LOCATED ON HICKORY STREET AT ITS INTERSECTION WITH BELL AVENUE, AND PROVIDING AN EFFECTIVE DATE THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That the Mayor is hereby authorized to execute on behalf of the City of Denton a Lease Amendment No 1 to the lease between the Greater Denton Arts Council, Inc, dated September 1, 1981 relating to the warehouse and machine shop and electric diesel plant located on Hickory Street at its intersection with Bell Avenue, a copy of such amendment is attached hereto and incorporated by reference herein SECTION II That this ordinance shall become effective immediately upon its passage and approval qq / PASSED AND APPROVED this the OA / 5 day of iidleiG 1998 JA L�MAYOR ATTEST JENNIFER WALTERS, CITY SECRETARY ?PRO D AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY LEASE AMENDEMENT NO ONE THE STATE OF TEXAS COUNTY OF DENTON WHEREAS, the City of Denton ("Lessor") and the Greater Denton Arts Council, Inc ("Lessee") have entered into a long term lease arrangement dated September 1, 1981 (the "Lease"), and WHEREAS, Lessor and Lessee desire to amend and modify the Lease as hereinafter provided NOW, THEREFORE, in consideration of the mutual exchange of promises and covenants contained herein, the parties agree as follows 1 The provisions under the Lease, wherein the leased premises is defined and described are hereby amended to delete all references to "the electric diesel plant property located on Hickory Street at its intersection with Bell Avenue" (the "power plant") 2 All other references to the property or premises being leased that are contained in the Lease shall hereafter be defined and limited to the property described in Section I of the Lease as "the warehouse and machine shop property located on Hickory Street at its intersection with Bell Avenue " Provisions of the Lease which deal exclusively with the power plant property shall be considered null and void All other provisions of the Lease which are not in conflict with this Amendment shall remain in full force and effect EXECUTED this a� 7� day of Y/ l _, 1998 ATTEST ennife alters, City Secretary City of enton, Texas �e , City Attorney, City of Denton, Texas ATTEST :f8 LESSOR, CITY OF DENTON BY JaMiller, Mayor Ci y of Denton, Texas LESSEE, GREATER DENTON ARTS COUNCIL, INC � �• .��1�J /W� �� L ul � ♦� 1