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HomeMy WebLinkAbout2007-045SAOur Documents\Ordinances\07\Schmitz.doc ORDINANCE NO. ZOD'I O`f AN ORDINANCE OF THE CITY OF DENTON, TEXAS APPROVING THE TERMINATION AND RELEASE OF THAT CERTAIN LEASE AGREEMENT DATED NOVEMBER 15, 2005 RELATED TO THE USE OF STREET RIGHT-OF-WAY, BY AND BETWEEN THE CITY OF DENTON, TEXAS AND JOHN ERIC SCHMITZ; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Denton, Texas (the "Lessor") and John Eric Schmitz ("Lessee") entered into that certain Lease Agreement ("Lease") dated November 15, 2005 (the "Lease Agreement') whereby the Lessor leased to Lessee approximately 1,234 square feet of land, being a portion of street right-of-way generally located at the corner of Cedar Street and Walnut Street in the City of Denton, Denton County, Texas; and WHEREAS, the Lessor and Lessee desire to terminate the Lease and release and discharge each other from any further obligations, rights and duties under the Lease; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The findings and recitations contained in the preamble of this Ordinance are incorporated herein by reference. SECTION 2. The City Council hereby approves the Termination and Release of Lease Agreement, a copy of which is attached hereto and made a part hereof, and authorizes the City Manager or his designee to sign said document on behalf of the City. SECTION 3. This Ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the 4agday of 7 Gr CLI'l/ 2007. ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: � /l f C�.�% �� t�fi�mell APPROVED AS TO LEGAL FORM: EDWIN M. SNY ITY ATTORNEY BY: S10ur Documents\Contracts\07\Termination of Schmitz Lease.doc TERMINATION AND RELEASE OF LEASE AGREEMENT WHEREAS, on November 15, 2005 the City of Denton, Texas as Lessor and John Eric Schmitz as Lessee, entered into a certain lease agreement regarding the lease of city property containing approximately 1,234 square feet of land generally located at the comer of Cedar Street and Walnut Street in the City of Denton, Denton County, Texas as more particularly described in said lease agreement (the "Lease"); and WHEREAS, the Lessor and Lessee desire to terminate the Lease and release and discharge each other from any further obligations, rights and duties under the Lease; and NOW, THEREFORE, for and in consideration of the mutual covenants and promises contained herein, the parties agree as follows: 1. The Lease is hereby terminated effective immediately. All rents and monies previously paid to Lessor shall remain with Lessor and Lessee waives any right to a refund of such monies. 2. Lessor and Lessee hereby release and discharge each other from any obligations, rights and duties under the Lease. Signed effective thejO-day of , 2007. 61 THE CITY OF DENTON, TEXAS George .Campbell, City Manager ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: APPROVED AS TO EDWIN M. SNYDR C• T( TT T TT T! nl — —