HomeMy WebLinkAbout020778 ORD - 09/19/1989207-
& ICROEIiMED
THIRD AMENDMENT OF BARGE RESTAURANT AGREEMENT
BETWEEN CITY OF CORPUS CHRISTI
AND PLEASURE PIER ASSOCIATES, INC.
THE STATE OF TEXAS
KNOW ALL MEN BY THESE PRESENTS
COUNTY OF NUECES
WHEREAS, on March 25, 1979, the City of Corpus Christi did enter into an
Agreement to Contract, T -Head Site, and pursuant thereto did execute on
October 23, 1980, a Lease for T -Head Site dated October 11, 1980 between the
City of Corpus Christi and Pleasure Pier Associates, Inc., for the operation
of Captain Boomers Restaurant at the premises described therein, said Lease
being authorized by City of Corpus Christi Ordinances 15793 and 14810; and
WHEREAS, on February 24, 1982, that Lease was amended and rewritten
pursuant to authority of Ordinance 16905, which agreement of February 24,
1982, is hereinafter referred to as "the Lease"; and
WHEREAS, on March 4, 1986, the Lease was amended pursuant to authority of
Ordinance 19217, which agreement of March 4, 1986, is hereinafter referred to
as "the Amendment";
WHEREAS, on October 27, 1987, the Lease was amended pursuant to authority
of Ordinance 20034, which agreement of October 27, 1987, is hereinafter
referred to as "Second Amendment";
NOW, THEREFORE, premises considered, for and in consideration of the
continued performance of the Lease and in consideration of changed economic
conditions previously unforeseen by the parties and other consideration
reflected herein, the City of Corpus Christi, a Texas municipal corporation
and home rule city (hereinafter the "City") and Pleasure Pier Associates,
Inc., a 'Texas corporation doing business in Corpus Christi, Nueces County,
Texas (hereinafter "Second Party") agree as follows:
I.
Paragraph B of Article IV of the Lease is hereby amended to read as
follows:
"B. PAYMENT OF ARREARS: In addition to said rentals, Second Party shall
pay to City the following amount for arrears incurred prior to September 1,
1987. The Schedule for said payments is as follows:
(1)
A payment of $7,000 must be made by December 29, 1990.
(2) A final payment of $14,000 must be made by December 31, 1991.
"Provided, however, that if within 90 days of completion of the City Seawall
and T -Head Improvements at the restaurant site the boardwalk described in Part
3 is fully completed, credit shall be given for such improvements in the full
amount of said arrears".
II.
The first sentence of Article 1-A of the Lease is hereby amended to read
as follows:
"City additionally leases to Second Party the additional space designated
"boardwalk" adjacent to the barge restaurant as depicted and incorporated
herein in attached Exhibit "A" for a term of five years commencing with the
completion of said "boardwalk" construction.
EXECUTED in duplicate originals effective upon execution by all the duly
authorized representatives of the Parties, or as otherwise provided herein.
ATTEST: CITY OF CORPUS CHRISTI, TEXAS
City Secretary
Date:
APPROVED:
}Ial George, City Attorney
Assistant City Attorney J
By:
Juan Garza, City Manager
PLEASURE PIER ASSOCIATES, INC.
By:
Title:
That the foregoing ordinance was read for the first time and passed to its
second reading on this the day of , 19 ,) / , by the
following vote:
Betty N. Turner
David Berlanga, Sr.
Leo Guerrero
Tom Hunt
Edward A. Martin
Joe McComb
Clif Moss
Mary Rhodes
Frank Schwing, Jr.
I((2'.
That the foregoing ordinance was read for the second time and passed to its
third reading on this the day of , 19.` , by the
following vote:
Betty N. Turner
David Berlanga, Sr.
Leo Guerrero
Tom Hunt
Edward A. Martin
Joe McComb
Clif Moss
Mary Rhodes
Frank Schwing, Jr.
That the foregoing ordin'nce yids read for th�,(third time and passed finally on
this the / 1 day of : ,..J((,)1 COT& , 19 ( , by the following vote:
Betty N. Turner
David Berlanga, Sr.
Leo Guerrero
Tom Hunt
pCt`
(1
f( A
PASSED AND APPROVED, this the
ATTEST:
/'!
Edward A. Martin zip.
Joe McComb (((
Clif Moss (((
Mary Rhodes ((( )r
Frank Schwing, Jr. !cf'
day of _^-1/t,((/)(14T/L. , 19 , 1
Secretary MAYOR
APPROVED: -T
L/, DAY OF
City Attorney
99.046.01
, 198 :
THE CITY OF CORPUS CHRISTI, TEXAS
20778
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NOTICE OF PASSAGE
OF ORDINANCE ON
/-IRST READING
AUTHORIZING THE E.ECU-
TION OF AN AMENDMENT
TO THE LEASE AGREEMENT
WITH PLEASURE PIER ASSO-
CIATES INC AUTHORIZING
THE DELAY OF CONSTRUC
TION OF SPECIFIED
IMPROVEMENTS IN LIEU OF
PAYMENT OF ARREARUN-
TIL NINETY DA VS ASFTER
COMPLETION BY THE CITY
OF CONSTRUCTION OF MA_
RINFl REPAIRS AT THE
RESTAURANT LOCATION,
OR, IN THE ALTERNA-, IVE,
PAYMENT OF THE ARREARS
IN THE AMOUNTS OF
$7.000 BY DECEMBER 29,
1990. and $14000 BY
DECEMBER 31. 1991
Was passed and approved
an first ead,ng by the City
Council of the City of Corpus
Chriso Texas on the 15th day
of August 1989 and the full
text of said ordinance is avail-
able to the public in the Ofilce
of the City Secretary.
s% Arrnando Chapa
Gty Secretary
Cornus' Chnslr TelaS'
NOTICE OF PASSAGE
OF ORDINANCE ON
SECOND READING
AiTHORIZING THE EXECIJ-
00N OF AN /AMENDMENT
0
THE LEASE AGREEMENT
VITH PLEASURE PIER ASSO-
7ATES, INC., AUTHORIZING
HE DELAY OF CONSTRUC-
JON OF SPECIFIED
VIPROVEMENTS IN LIEU OF
'AYMENT OF ARREARS UN -
11, NINETY DAYS AFTER
:OMPLETION BY THE CITY
JF CONSTRUCTION OF MA-
iINA REPAIRS AT THE
tESTAURANT LOCATION,
DR IN THE ALTERNATIVE,
'AY/VENT OF THE ARREARS
N THE AMOUNTS OF
37,000 BY DECEMBER 29,
1990, AND $14,000 BY
DECEMBER 31. 1991
Was passed and approved
on second reading by the Cit
Council of the City of Cy
orpus
Christi, Texas on the 29th day
of August, 1989 and the full
text of said ordinance is avail-
able to the public in the Office
of the City Secretary.
/s/ Armando Chapa
City
Christi,=
NOTICE OF PUBLIC
HEARINGS TO CONSIDER
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