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HomeMy WebLinkAboutO-2007-2970 lease agreement/Economic Alliance tenant at 908 W Main ORDINANCE NO. 2007-~~10 AN ORDINANCE APPROVING A LEASE AGREEMENT BETWEEN THE CITY OF LA PORTE, AS LANDLORD, AND ECONOMIC ALLIANCE HOUSTON PORT REGION, AS TENANT, ON THE PREMISES KNOWN AS 908 WEST MAIN STREET, IN THE CITY OF LA PORTE, HARRIS COUNTY, TEXAS, MAKING VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT, FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW, AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. The City council hereby approves and authorizes the contract, agreement, or other undertaking described in the title of this ordinance, a copy of which is on file in the office of the City Secretary. The City Manager is hereby authorized to execute such document and all related documents on behalf of the ci ty of La Porte. The city Secretary is hereby authorized to attest to all such signatures and to affix the seal of the City to all such documents. Section 2. The City Council officially finds, determines, recites, and declares that a sufficient written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the City for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this ordinance and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. Section 3. This Ordinance shall be effective from and after its passage and approval, and it is so ordered. PASSED AND APPROVED, this ;-2../1- day of fel1f Ii a rV , 2007. By: cp:f . OF LA PO~ ~~~~ Alton E. Porter, Mayor ATTEST: '--1t1~ o. ~~ Martha A. Gillett City Secretary APPROVED: ttf./ r /U,~ Clar . Askins city Attorney 2 Lease Agreement This Lease Agreement ("Lease") is made and effective April 1 ,2007, by and between the City of La Porte, Texas (herein known as "Landlord") and Economic Alliance Houston Port Region (Tenant"). Landlord is the owner of land and improvements situated thereon commonly known and numbered as 908 West Main Street, La Porte, Texas 77571 and legally described as follows: Block 52, Lots 20 and 21, town of La Porte. Landlord desires to lease the Leased Premises to Tenant, and Tenant desires to lease the Leased Premises from Landlord for the term, at the rental and upon the covenants, conditions and provisions herein set forth. THEREFORE, in consideration of the mutual promises herein, contained and other good and valuable consideration, it is agreed: 1. Term. A. Landlord hereby leases the Leased Premises to Tenant, and Tenant hereby leases the same from Landlord, for an "Initial Term" beginning April 1, 2007 and ending March 31, 2017. Landlord shall use its best efforts to give Tenant possession as nearly as possible at the beginning of the Lease term. If Landlord is unable to timely provide the Leased Premises, rent shall abate for the period of delay, provided that Landlord shall not be liable or responsible for any claims, damages, or liabilities in connection therewith or by reason thereof. B. After review by the Landlord, the Tenant shall have the option to renew the Lease Agreement for and additional ten (10) year term, upon the expiration of the Initial Term, provided that Tenant provides Landlord with ninety (90) days prior written notice thereof. The failure to furnish said ninety (90) days written notice shall cause this Lease Agreement to automatically expire at the end of the Initial Term. C. Tenant shall have the right to terminate and exit the Lease Agreement after the first three (3) years of the Initial Term, by providing ninety (90) days prior written notice to Landlord. Tenant's right to terminate the Lease Agreement after the first three years of the Initial Terms is subject to Landlord's ability to relet the Leased Premises with a replacement tenant, agreeable to both Landlord and Tenant. 2. Rental. A. Tenant shall pay without demand to Landlord during the Initial Term rental of $20,000 per year, prorated at $1,667.00 per month provided however, that Landlord shall not collect monthly rental as provided herein, but will provide the Leased Premises in consideration of, and in lieu of the $20,000.00 annual fee, for membership in the Economic Alliance Houston Port region. Membership privileges shall continue on a reoccurring annual basis, coterminous with the lease term established in this section, so long as the Lease Agreement is in effect. However, in the event that the Economic Alliance Houston Port Region should adjust its yearly city membership fee, the yearly rental established herein shall be adjusted accordingly, to equal the amount of the revised membership fee. This Agreement terminates and supersedes all prior understandings or agreements or contracts on the membership subject matter hereof. B. The rental for any renewal lease term, if created as permitted under this Lease, shall be in the amounts established by the Parties, pursuant to Section 2 A of this Agreement. C:\Documents and Settings\FeazelleD\Local Settings\Temporary Internet Files\OLK6A\Lease Agreement v6.doc Page 1 of 6 3. Use. Not withstanding the foregoing, Tenant shall not use the leased Premises for the purposes of storing, manufacturing or selling any explosives, flammables or other inherently dangerous substance, chemical, thing or device. 4. Sublease and Assi~nment Tenant shall have the right, without landlord's consent, to assign this lease to a corporation with which Tenant may merge or consolidate, to any subsidiary of Tenant, or to a purchaser of substantially all of Tenant's assets. Except as set forth above, Tenant shall not sublease all or any part of the leased Premises, or assign this lease in whole or in part without landlord's consent, such consent not to be unreasonably withheld or delayed. 5. Repairs. During the lease term, landlord shall make, at landlord's expense, all necessary repairs to the leased Premises, including premises damaged or worn through normal property occupancy. Tenant shall notify landlord of needed repairs in a timely manner and consent shall be obtained from the Tenant prior to the repair to better ensure minimal work disruption. Repairs shall include such items as routine repairs of plumbing, concrete, landscaping, lighting, HVAC, and other parts of the leased Premises damaged or worn through normal property occupancy subject to the obligations of the parties otherwise set forth in this lease. Tenant is responsible for routine maintenance; i.e. light bulbs, minor paint, etc. landlord must consent to repairs over $100.00 prior to work being done. 6. Alterations and Improvements. Tenant, at Tenant's expense, shall have the right following landlord's consent to remodel, redecorate, and make additions, improvements and replacements of and to all or any part of the leased Premises from time to time as Tenant may deem desirable, provided the same are made in a workmanlike manner and utilizing good quality materials. Tenant shall have the right to remove the same at any time during the term of this lease provided that all damage to the leased Premises caused by such removal shall be repaired by Tenant at Tenant's expense and agreed by both parties. Subject to the aforementioned requirements in this section, rental fees shall remain as outlined in Section 2 above, if any Alteration and/or Improvement of any part thereof or any appurtenance of the leased Premises results in providing more occupancy space for the Tenant. Monetary credits for leasehold improvements will be provided to the Tenant by landlord in an amount equal to the cost of improvements. Any enhancements to bring the property in compliance with state or federal regulations such as the American Disabilities Act shall be made at the expense of the landlord, with notification to the Tenant. 7. Utilities and Amenities. The lease Premises are provided to Tenant with provisions for electricity, water, sewage, computer/internet access, and telecommunications, including hook-up fees. However, Tenant shall be responsible for costs and fees associated with monthly usage. 8. Taxes. Tenant is exempt from any and all taxes. Landlord shall be responsible for any taxes on its leasehold estate. 9. Insurance. A. As owner of the property, the Landlord shall be responsible for costs to repair the Leased Premises if damaged by fire or other casualty, excluding if the damage results from an act or C:\Documents and Settings\FeazelleD\local Settings\Temporary Internet Files\OLK6A\Lease Agreement v6.doc Page 2 of 6 negligence of Tenant or any of Tenant's agents, employees or invitees. The Landlord shall carry insurance for damage by tenant or any of Tenant's agents, employees or invitees. The Tenant shall be responsible for any costs of repairs not covered by insurance if the act resulting in damage is demonstrated to be caused by the Tenant. B. Landlord shall maintain fire and extended coverage insurance on the Leased Premises in such amounts as Landlord shall deem appropriate. Tenant shall be responsible, at its expense, for fire and extended coverage insurance on all of its personal property, including removable trade fixtures, located on or within the Leased Premises. The Landlord shall be responsible for flood insurance for the building. C. Tenant and Landlord shall, each at its own expense, maintain a policy or policies of comprehensive general liability insurance with respect to the respective activities of each party on the Leased Premises with the premiums thereon fully paid on or before due date, issued by and binding upon some insurance company approved by Landlord, such insurance to afford minimum protection of not less than $1,000,000 combined single limit coverage of bodily injury, property damage or combination thereof. Landlord shall be listed as an additional insured on Tenant's policy or policies of comprehensive general liability insurance, and Tenant shall provide Landlord with current Certificates of Insurance evidencing Tenant's compliance with this Paragraph. Tenant shall obtain the agreement of Tenant's insurers to notify Landlord that a policy is due to expires at least (30) days prior to such expiration. Landlord shall not be required to maintain insurance against thefts within the Leased Premises. 10. Sians. Following Landlord's consent, Tenant shall have the right to place on the Leased Premises, at locations selected by Tenant, any signs which are permitted by applicable zoning ordinances and private restrictions. Landlord may refuse consent to any proposed signage that is in Landlord's opinion too large, deceptive, unattractive or otherwise inconsistent with or inappropriate to the Leased Premises or use of any other tenant. Landlord shall assist and cooperate with Tenant in obtaining any necessary permission from governmental authorities or adjoining owners and occupants for Tenant to place or construct the foregoing signs. Tenant shall repair all damage to the Leased Premises resulting from the removal of signs installed by Tenant. Landlord will remove and pay for all signs from previous tenant if previous tenant fails to remove. 11. Entry. Landlord shall have the right to enter upon the Leased Premises at reasonable hours (Monday through Friday 8:00 a.m. to 5:00 p.m.) to inspect the same, provided Landlord shall not thereby unreasonably interfere with Tenant's business on the Leased Premises. 12. Parkina. During the term of this Lease, Tenant shall have the exclusive use in common with Landlord, their guests and invitees, of the non-reserved common automobile parking areas, driveways, and footways on the Leased Premises, subject to rules and regulations for the use thereof as prescribed from time to time by Landlord. Landlord reserves the right to designate parking areas within the Leased Premises, for Tenant and Tenant's agents and employees. For such purpose Tenant shall provide Landlord with a list of all license numbers for the cars owned by Tenant, its agents and employees. Separated structured parking located about the Leased Premises is reserved for Tenant. 13. Restrooms. During the term of the Lease Landlord agrees to make available adequate restroom facilities in the common areas of the Lease Premises and to provide weekly janitorial services to attend to said restroom facilities, at Landlord's expense. C:\Documents and Settings\FeazelleD\Local Settings\Temporary Internet Files\OLK6A\Lease Agreement v6.doc Page 3 of 6 14. DamaQe and Destruction. Subject to Section 9A. above, if the Leased Premises or any part thereof or any appurtenance thereto is so damaged so that the resulting defects cannot be used for Tenant's purposes, the Tenant shall have the right within ninety (90) days following damage to elect by notice to Landlord to terminate this Lease as of the date of such damage. In the event of minor damage to any part of the Leased Premises, and if such damage does not render the Leased Premises unusable for Tenant's Purposes, Landlord shall promptly repair such damage at the cost of the Landlord. In making the repairs called for in this paragraph, Landlord shall not be liable for any delays resulting from strikes, governmental restrictions, inability to obtain necessary materials or labor or other matters which are beyond the reasonable control of Landlord. Tenant shall be relieved from paying rent and other charges during any portion of the Lease term that the Leased Premises are inoperable or unfit for occupancy, or use, in whole or in part, for Tenant's purposes. Rentals and other charges paid in advance for any such periods shall be credited on the next ensuing payments, if any, but if no further payments are to be made, any such advance payments shall be refunded to Tenant. The provisions of this paragraph extend not only to the matters aforesaid, but also to any occurrence which is beyond Tenant's reasonable control and which renders the Leased Premises, or any appurtenance thereto, inoperable or unfit for occupancy or use, in whole or in part, for Tenant's Purposes. 15. Default. If default shall at any time be made by Tenant in the payment of rent when due to Landlord as herein provided, and if said default shall continue for fifteen (15) days, or if default shall be made in any of the other covenants or conditions to be kept, observed and performed by Tenant, and such default shall continue for thirty (30) days without correction thereof then having been commenced and thereafter diligently prosecuted, Landlord may declare the term of the Lese ended and terminated by giving Tenant written notice of such intention and if possession of the Leased Premises is not surrendered, Landlord may reenter said premises. Landlord shall have, in addition to the remedy above provided, any other right or remedy available to Landlord on account of any Tenant default, either in law or equity. Landlord shall use reasonable efforts to mitigate its damages. 16. Quiet Possession. Landlord covenants and warrants that upon performance by Tenant of its obligations hereunder, Landlord will keep and maintain Tenant in exclusive, quiet, peaceable and undisturbed and uninterrupted possession of the Leased Premises during the term of this Lease. 17. Condemnation. If any legally, constituted authority condemns the premises or such part thereof which shall make the Leased Premises unsuitable for leasing, this Lease shall cease when the public authority takes possession, and Landlord and Tenant shall account for rental as of that date. Such termination shall be without prejudice to the rights of either party to recover compensation from the condemning authority for any loss or damage caused by the condemnation. Neither party shall have any rights in or to any award made to the other by the condemning authority. 18. Subordination. C:\Documents and Settings\FeazelleD\Local Settings\Temporary Internet Files\OLK6A\Lease Agreement v6.doc Page 4 of 6 Tenant accepts this Lease subject and subordinate to any mortgage, deed of trust or other lien or hereafter arising upon the Leased Premises, or upon the premises and to any renewals, refinancing and extensions thereof, but Tenant agrees that any such mortgagee shall have the right at any time to subordinate such mortgage, deed of trust or other lien to this Lease on such terms and subject to such conditions as such mortgagee may deem appropriate in its discretion. Landlord is hereby irrevocably vested with full power and authority to subordinate this Lease to any mortgage, deed of trust or other lien now exiting or hereafter placed upon the Leased Premises of the Building, and Tenant agrees upon demand to execute such further instruments subordinating this Lease or atoning to the holder of any such liens as Landlord may request. In the event that Tenant should fail to execute any instrument of subordination herein required to be executed by Tenant promptly as requested. Tenant hereby irrevocably constitutes Landlord as its attorney-in-fact to execute such instrument in Tenant's name, place and stead, it being agreed that such power is one coupled with an interest. Tenant agrees that it will from time to time upon request by Landlord execute and deliver to such persons as Landlord shall request a statement in recordable form certifying that this Lease is unmodified and in full force and effect (or if there have been modifications, that the same is in full force and effect as so modified), stating the dates to which rent and other charges payable under this Lease have been paid, stating that Landlord is not in default hereunder (or if Tenant alleges a default stating the nature of such alleged default) and further stating such other matters as Landlord shall reasonably require. 19. Notice. Any notice required or permitted under this Lease shall be deemed sufficiently given or served if sent by United States mail addressed as follows: If to Landlord to: City of La Porte, Texas Attention: City Manager 804 West Fairmont Parkway, La Porte, Texas 77571 If to Tenant: Economic Alliance Houston Port Region Attention: President/CEO Landlord and Tenant shall each have the right from time to time to change the place notice is to be given under this paragraph by written notice thereof to the other party. 20. Brokers. Tenant represents that Tenant was not shown the Premises by any real estate broker or agent and that Tenant has not otherwise engaged in any activity which could form the basis for a claim for real estate commission, brokerage fee, finder's fee or other similar charge, in connection with this Lease. 21. Waiver. No waiver of any default of Landlord or Tenant hereunder shall be implied from any omission to take any action on account of such default if such default persists or is repeated, and no express waiver shall affect any default other than the default specified in the express waiver and that only for the time and to the extent therein stated. One or more waivers by Landlord or Tenant shall not be construed as a waiver of a subsequent breach of the same covenant, term or condition. 22. Memorandum of Lease. C:\Documents and Settings\FeazelleD\Local Settings\Temporary Internet Files\OLK6A\Lease Agreement v6.doc Page 5 of 6 The parties hereto contemplate that this Lease shall not be filed for record, but in lieu thereof, at the request of either party, Landlord and Tenant shall execute a Memorandum of Lease to be recorded for the purpose of giving record notice of the appropriate provisions of this Lease. 23. HeadinQs. The headings used in this Lease are for convenience of the parties only and shall not be considered in interpreting the meaning of any provision of this Lease. 24. Successors. The provisions of this Lease shall extend to and be binding upon Landlord and Tenant and their respective legal representatives, and assigns. 25. Consent. Landlord shall not unreasonably withhold or delay its consent with respect to any matter for which Landlord's consent is required or desirable under this Lease. 26. Performance. If there is a default with respect to any of Landlord's covenants, warranties or representations under this Lease, and if the default continues more than fifteen (15) days after notice in writing from Tenant to Landlord specifying the default, Tenant may, at his option and without affecting any other remedy hereunder, cure such default and deduct the cost thereof from the next accruing installment or installments of rent payable hereunder until Tenant shall have been fully reimbursed for such expenditures at a rate equal to twelve percent (12%) per annum. If this Lease terminate prior to Tenant's receiving full reimbursement, Landlord shall pay the unreimbursed balance plus accrued interest to tenant on demand. 27. Final AQreement. This Agreement terminates and supersedes all prior understandings or agreements on the subject matter hereof. This Agreement may be modified only by a further writing that is duly executed by both parties. 28. GoverninQ Law. This Agreement shall be governed, construed and interpreted by, through and under the Laws of the State of Texas. IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first above written Jan Lawler President/CEO, Economic Alliance Houston Port Region C:\Documents and Settings\FeazelleD\Local Settings\Temporary Internet Files\OLK6A\Lease Agreement v6.doc Page 6 of 6 Economic Alliance Houston Port Region 3101 Nasa Parkway, Suite C Seabrook, Texas 77536 February 15,2007 To the Mayor and City Council Members City of La Porte, Texas Re: Office Lease Transaction at 908 West Main - La Porte, Texas Dear La Porte Leaders: First, on behalf of the Board of Directors of the Economic Alliance, allow me to thank you for the time spent and collaborative spirit demonstrated in culminating the move of our organization's office to your Main Street. We are pleased to be part ofthe momentum of economic development in your city. This letter is also to confirm that we understand that the transaction is dependent upon final closing of the property agreement between the City of La Porte and the current property owner. We look forward to your communication regarding this process. a er P . ent/CEO Economic Alliance I 9'-7~' !- "~ 7'-5~' I- 16' ~- 10' = o I..Jk"l: . T CORPORATE OFFICES 20'-0[1;' 23'-la' OFFICE 23'-4a' 6'-2~'1 tf37. OFFICE ? "1 ,') "./ :J,,:' ";' r- 20'-0' OFFICE :o'Sf CONFERENCE RM ~ - "---.. - ~ ~ 16' I -1\18' /<.- I'::'Bt 908 WEST MAIN "-11!' 20'-0&- t I 5'-7~' ~ I,;" ,\' \"\..... '\ " GARAGE :J- " 7?q ~).~ .; I I ").37"-;) 6' OFFICE t' ~K !7'-O- <'-~ OFFICE" . '.._t. OFFICE ~__. '. - - -~1 .~?t.. sr 16' ! I ---..!FRONT EN1RANCE AREA I I I L <~ )1;<<' 5 I~ 1 ":IT 1} tt &- 'J, '72.. -: .1 j~_h::"t i.J . ,:),':'; :~~',' ..\~/ SO' I 10' L I C/II/tj!1 f~ I -------r '. ~\. r-t\ ~( "" J .1 5,500 TOTAL SQUARE FEET ,", I~ I -1!~ "".i'i CZ.?}.lj...tOJ:;; l \ -I "'Lr .;;/ J I , ..., ~) . .JL7(';\'::_.., I) l.g \.0 :;, (-.J 5~ 100' r . --'\.,) -, \ c::=:} , 2ND FLOOR LOFT / STORAGE ?i-JD ~5 ~ 50' I' ~I 7 ;L. Sj- ,"} ,.., I /:2.-6 '-l ST , MEETING HANDOUTS ... B2/12/2BB7 15:45 . . . ~ .-: . 28147138B7 ROELOFS PAGE B1 '4 3(Cf &st 99& W8&1 Main Street La Ports, Texas n571 (~) ~471-3807 (~ in loud" udtIt the ~utch)) FAX to (281) 470-5009 ATTN: Sharon Harris DATE: February 12, 2007 TO LAPORTE CITY COUNCIL FROM: ROELOF AND JUDY NIEUWENHUIS 319 E. MAIN STREET LAPORTE, TEXAS 77571 Roelof and I regret that we are unable to attend tonight's meeting and address council members in person, concerning the purchase of the office and retail buildings, located at 908 and 912 West Main Street. Roelof and I have been involved in the revitalization, preserva- tion and economic development of Main Street for almost thirty years. We still own and operate Roelof's Antiques and Restoration, where we live above our business in what used to be the Sharp's Grain and Feed Store built in 1929, where we continue to preserve its history. In our opinion, the purchase of the buildings at the entrance of West Main, for the purpose of leasing it to the Economic Alliance Houston Port Region, is a unique and creative idea, that would serve Main Street well. The entrance to Main Street is extremely important and the work the Economic Alliance does can only benefit the economic development of, not only Main Street, but the City of LaPorte. In addition, a visitors center, tied in with Precinct 2 Commis- sioner Sylvia Garcia's Stars Program, is an excellent goal. Therefore, we encourage City Council to go forward with this purchase and lease agreement, and applaud your willingness to expand your involvement on Main Street for the purpose of economic develop- men t . o~~ < ~Of an~ Judy Nieuwenhuis