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Res 17-23 Ratification of Amendment No 1 to the Town Hall Lease Agreement TOWN OF WESTLAKE RESOLUTION NO. 17-23 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS RATIFYING THE TOWN MANAGER'S EXECUTION OF AMENDMENT # 1 TO THE TOWN HALL LEASE AGREEMENT WITH BRE SOLANA, LLP. WHEREAS, the lease agreement approved by Resolution 17-11 provides approximately 20,000 sf of lease space at 1500 Solana Boulevard, Building 7 for 130 months and, WHEREAS, the area leased will accommodate office space needed for the current and future growth of the Town of Westlake and, WHEREAS, the agreement would ensure staff has adequate space to provide a high level of service to our community and stakeholders, WHEREAS, the Town Council finds that Amendment #1 to the Town Hall Lease Agreement provides necessary improvements for the Town Hall reconstruction project; and WHEREAS,the Town Council finds that the funding for Amendment#1 to the Town Hall Lease Agreement is necessary and provides sound infrastructure planning consistent with goals and objectives within the adopted strategic plan; and WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the citizens of Westlake. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION l: That, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: That the Town of Westlake Town Council hereby Ratifies the Town Manager's execution of Amendment #1 to the Town Hall Lease Agreement, attached as Exhibit "A. SECTION 3: If any portion of this Resolution shall, for any reason, be declared invalid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. Resolution 17-23 Page 1 of 2 SECTION 4: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 19TH DAY OF JUNE 2017. ATTEST: 6111..lr , tr i Laura L. Wheat, Mayor KEdwac , Town Secretary Thomas E. Brym` , T wn Manager of WFs APPROVED AS TO FORM: m 1 . / L. St ton Lowry, fpwn Attorney Resolution 17-23 Page 2 of 2 ATTACHMENT " " fll Invoice AME ® E T 1 Invoice Number: 1301 Solana Boulevard SOL-2017117 Building 1, Suite 1400 Invoice Date: Westlake, TX 76262 May 12,2017 (817)430-0100 (817)430-8750 Fax Tenant ID: t0052656 To: Town of Westlake Property Code: 1004257a Attn:Troy Meyer 1301 Solana Boulevard, Building 4 Suite 4202 Westlake, Texas 76262 The Plaza, Building 4 TI Overage On Receipt On Receipt Tenant Improvement Allowance $ 1,137,456.60 $ (1,137,456.60) 20,580sf by$50.001sf and$0.271sf Management Fee $ 10,533.00 $ 10,533.00 Construction Costs $ 1,053,300.00 $ 1,053,300.00 Furniture $ 75,390.60 $ 75,390.60 AV Equipment $ 182,196.37 $ 182,196.37 Architectural Cost $ 74,950.00 $ 74,950.00 Asbestos $ 1,120.00 $ 1,120.00 Total Invoice Amount: $260,033.37 Check No: Payment Received: TOTAL DUE: $260,033.37 Please Remit Payment To: Billing Inquiries: BRE Solana, LLC Please contact Carly Davis c/o Cassidy Turley Commercial Real Estate Services, via phone at(817)430-0100 or d/b/a Cushman&Wakefield email carly.davis@cushwake.com P.O. Box 205461 Dallas,Texas 75320-5461 Resolution 17-23