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1998-112AN 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 ~ That the Mayor as hereby authorized to execute on behalf of the C~ty 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 d~esel plant located on H~cko~ Street at ~ts ~ntersectlon w~th Bell Avenue, a copy of such amendment is attached hereto and ~ncorporated by reference hereto ~ That th~s ordinance shall become effective ~mmedmtely upon ItS passage and approval PASSED A_ND APPROVED th,s the X/~day of ~/~/l ,1998 ATTEST JENNIFER WALTERS, CITY SECRETARY HERBERT L PROUTY, CITY ATTORNEY LEASE AMENDEMENT NO ONE THE STATE OF TEXAS COUNTY OF DENTON WHEREAS, the Cay of Denton ("Lessor") and the Greater Denton Arts Council, Ine ("Lessee") have entered into a long term lease arrangement dated September l, 1981 (the "Lease"), and WHEREAS, Lessor and Lessee desire to amend and modify the Levae as hereinafter provided NOW, THEREFORE, in consideration of the mutual exchange of promises and covenants contained hereto, the pames agree as follows 1 The provlsmns under the Lease, where~n the leased premises as defined and described are hereby amended to delete all references to "the elecmc d~esel plant property located on Hmkory Street at its ~ntersect~on w~th Bell Avenue" (the "power plant") 2 All other references to the property or premxses being leased that are contmned ~n the Lease shall hereafter be defined and hm~ted to the property described in Seetxon I of the Lease as "the warehouse and machine shop property located on Hickory Street at its intersection w~th Bell Avenue" Prows~ons of the Lease wbaeh deal exclusively w~th the power plant property shall be considered null and void All other provisions of the Lease whmh are not in conflmt w~th th~s Amendment shall remmn in full force and effect EXECUTEDth~s e~/~b/~ dayof /~.,[0/~/ / ,1998 ATTEST / LESSOR, CITY OF DENTON ///enn;fe~t~/alter~, ~2,ty Secretar~ ~ Jactl(~J/M,11er, Mayor '~Clty of I)enton, Texas Cfl~ of Denton, Texas ~ty Attorney, City of Denton, Texas ATTEST LESSEE, GREATER DENTON ARTS COUNCIL, INC J~tary By ~(~~ Barbara Phthps, Presiden