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HomeMy WebLinkAboutPR 21538: AUTHORIZING A LEASE AGREEMENT WITH AURORA CAPITAL HOLDINGS, LLC P.R. No. 21538 09/02/2020 gt/vrt Updated vrt RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE WITH AURORA CAPITAL HOLDINGS LLC, A DELAWARE LIMITED LIABILITY CORPORATION FOR THE PROPERTY LOCATED AT 449 AUSTIN AVENUE, PORT ARTHUR TEXAS FOR A PERIOD OF EIGHTEEN (18) MONTHS WHEREAS, pursuant to Ordinance No. 20-79, the City Council authorized the City Manager, or his designee, to sell the property located at 449 Austin Avenue to Aurora Capital Holdings LLC, a Delaware Limited Liability Corporation; and WHEREAS, pursuant to the Sales and Purchase Agreement, Seller and Purchaser agree to finalize a lease agreement (the "Lease") contemporaneous with the Sales and Purchase Agreement and other accompanying sales documents, which will allow the City of Port Arthur to continue the operations of its Health Department and designated parking area for a period of eighteen (18) months to facilitate the relocation of the City's Health Department to a new location; and WHEREAS, commencing on the effective date of the lease and continuing thereafter throughout the 18 (eighteen) month term, the City shall pay to the new property owner, Aurora, a monthly base rent of Twelve Thousand Dollars ($12,000.00); provided, however, so long as the City is not in default under this Lease, the Rent shall be abated for the stated Term of this Lease (not including any holdover period). NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That pursuant to Ordinance No. 20-79, the City Manager is authorized to execute a Special Warranty deed for the sale of the property at the time of closing and further authorizes the City Manager to enter into a Lease Agreement with Aurora Capital Holdings LLC for the property located at 449 Austin Avenue for a period of eighteen (18) months to facilitate the relocation of the City's Health Department to a new location in substantially the same form as attached hereto as Exhibits "A and B". Section 3. That a copy of the caption of this Resolution shall be spread upon the Minutes of the City Council. READ, ADOPTED, AND APPROVED, this day of , 2020 AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: , Councilmembers: , , NOES: . Thurman Bill Bartle, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: (keValecia R. Tizeno, Ili Attorney APPROVED FOR ADMINISTRATION: tettOr Ronald Burton, City ": ager EXHIBIT "A" NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER, OR YOUR DRIVER'S LICENSE NUMBER. SPECIAL WARRANTY DEED STATE OF TEXAS § COUNTY OF JEFFERSON § That CITY OF PORT ARTHUR,TEXAS("Grantor"),for and in consideration of the sum of Ten and No/100 Dollars ($10.00) cash and other good and valuable consideration paid by AURORA CAPITAL HOLDINGS LLC, a Delaware limited liability company with a mailing address of One Allen Center, 500 Dallas St.,Houston,TX 77002,Attn: Jay Hall("Grantee"),the receipt and sufficiency of which are hereby acknowledged and confessed, has GRANTED, BARGAINED, and CONVEYED and by these presents does GRANT, BARGAIN, and CONVEY unto Grantee the tracts of land situated in Jefferson County, Texas described on Exhibit"A"attached hereto(collectively,the"Land"),together with all improvements thereon and all rights and appurtenances appertaining thereto, including, but not limited to, any right,title and interest of Grantors in and to all subsurface water rights and rights of utility availability (including water, sanitary sewer and drainage)granted or to be granted by any utility, municipal utility district or any other governmental or quasi-governmental authority relating to the Land (herein collectively called the "Premises"). This Special Warranty Deed is executed by Grantor and accepted by Grantee subject to the validly existing and enforceable rights, interests and estates, if any do in fact exist, and only to the extent that the same do in fact exist, of third parties in connection with those items listed on Exhibit"B"attached hereto (herein collectively called the"Encumbrances"). This Special Warranty Deed is also subject to the following use restrictions(collectively,the"Use Restrictions"): None of the Land may be used: (i) for manufactured housing (as such term is defined in Sec. 58-31 of the City Code [herein defined]); (ii)as a recreational vehicle park(RV park)(as such term is defined in Sec. 58-121 of the City Code); (iii)as a game room (as such term is defined in Sec. 22-601 of the City Code) that is open to the public on a for-profit basis; (iv) for any sexually oriented business (as such term is defined in Sec. 22-321 of the City Code); or (v) as a multiple-family dwelling (within the context such term is used in Appendix A, Section 12 of the City Code). As used herein, the term "City Code" shall mean the Code of Ordinances, City of Port Arthur, Texas, as in effect as of January 8, 2019. The Use Restrictions are enforceable and terminable by Grantor. TO HAVE AND TO HOLD the Premises unto Grantee and its heirs, legal representatives, successors and assigns forever; and Grantor does hereby bind itself and its heirs, legal representatives, successors and assigns to WARRANT AND FOREVER DEFEND all and singular the Premises, subject to the Use Restrictions hereunder and subject to the validly existing and enforceable rights, if any,of third parties in connection with the Encumbrances, unto Grantee and its heirs, legal representatives, successors and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, by,through or under Grantor, but not otherwise. 5149857 2 EXECUTED as of , 20 . GRANTOR: CITY OF PORT ARTHUR,TEXAS By: Name: Title: ATTEST: City Secretary (SEAL) APPROVED AS TO FORM City Attorney STATE OF TEXAS § § COUNTY OF JEFFERSON § This instrument was acknowledged before me on this day of , 20 , by_ , of the CITY OF PORT ARTHUR,TEXAS. Notary Public, State of Texas -2- EXHIBIT "A" Land TRACT I—Health Department Building (449 Austin Avenue, Port Arthur, TX 77640): Lots 1 through 12, Block 132 of the City of Port Arthur, Jefferson County, Texas, as the same appears upon the map 7or plat thereof recorded in Volume 1, Page 50, Map Records of Jefferson County, Texas. TRACT II—Adjacent Parking Tracts: Tract 10-A and Tract 13-A of a replat of all of Lots 10-18, Block 109 of the City of Port Arthur, Jefferson County, Texas, as the same appears upon the map or plat thereof recorded in County Clerk's File No. 2019012118, Official Public Records of Jefferson County, Texas. EXHIBIT "B" Encumbrances [subject to revision based on title commitment] TEXAS �Q1:Health and Human Texas Health and Human Services Commission ` Services Cecile Erwin Young Executive Commissioner September 30, 2020 Mr. Ronald Burton City Manager City of Port Arthur 444 4th Street Port Arthur, TX 77640 RE: Proposed Sale of Health Department Building and adjoining lot, City of Port Arthur, TX Mr. Burton, This letter is to confirm Texas Health and Human Services Commission's (HHSC) receipt of the attached disposition letter from the Administration for Children and Families (ACF), dated September 22, 2020. Upon sale of the above referenced property, ACF has requested that the City of Port Arthur refund the federal portion, in the amount of $922,700, to HHSC. HHSC will then refund this amount to ACF. This federal portion is based on the appraised value of the property and not the sale price. Should the property sell for less than the appraised value, the amount of $922,700 must still be returned to HHSC to refund ACF. If you have any questions or concerns I can be reached by email at racheal,kane@hhsc.state.tx.us or by phone at (512) 565-5420. Thanks, ti Racheal Kane, Federal Funds Director Attachment cc: Floyd Batiste Shanna Burke P.O. Box 13247 • Austin,Texas 78711-3247 • 512-424-6500 • hhs.texas.gov Sincerely, owh www�..s.Me„s tw nur.wtcww.�.waa.wn...Mr. Diane S.Bragdon-S -..�..:,»u.�m,�,.->W:.�,,. �.+om.,nwru ORO Diane Bragdon Grants Management Officer Community Strengthening Grants Division Administration for Children and Families U.S. Department of Health and Human Services Office: 202-401-0933 Cell: 202-770-5152 Administration for Children and Families www.acf.hhs.gov EXHIBIT "B" LEASE AGREEMENT [Health Department Premises —449 Austin Avenue, Port Arthur, Texas 77640] This Lease Agreement ("Lease") is entered into effective as of , 20 (the "Effective Date"), by and between AURORA CAPITAL HOLDINGS, LLC, a Delaware limited liability company ("Landlord"), and CITY OF PORT ARTHUR, TEXAS ("Tenant"). RECITALS: A. On or about the Effective Date, Landlord acquired the Property (herein defined) from Tenant. B. On or about the Effective Date, Tenant acquired the Relocation Property (herein defined). Tenant intends to relocate from the Premises (herein defined) to the Relocation Property prior to the expiration of the term of this Lease. C. Landlord is willing to lease to Tenant, and Tenant is willing to lease from Landlord, the Premises, for the purposes set forth herein, all in accordance with the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the premises, the Recitals (which are incorporated herein by reference), the mutual benefits to be derived from this Lease and the representations, warranties, covenants and conditions herein contained, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: ARTICLE I DEFINITIONS 1.1 Definitions. Unless otherwise defined herein or unless the context otherwise requires, capitalized terms used in this Lease shall have the following meanings: "Building" means the building located on the Property. "Designated Parking Area" means the parking area located on the Property, as more particularly depicted on Exhibit B. "Encumbrances" means all mortgages, deeds of trust, liens, security interests, pledges, conditional sale contracts, claims, rights of first refusal, options, charges, liabilities, obligations, easements, rights-of-way, limitations, reservations, restrictions and other encumbrances of any kind. "Environmental Contamination" means the presence of one or more Hazardous Materials in or on the Property or otherwise in the ground, air, water or other parts of the environment that is not allowed by Environmental Laws or which is not in compliance with Environmental Laws or this Lease. 5076051.6 "Environmental Laws" means any statute, law, rule, regulation, ordinance, code, policy or rule of common law of any Governmental Entity now in effect and in each case as amended to date and any judicial or administrative interpretation thereof, including any judicial or administrative order, consent decree, or judgment, relating to the environment, human health or Hazardous Materials, including, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, 42 U.S.C. § 9601, et seq.; The Hazardous Materials Transportation Act, as amended, 49 U.S.C. § 1801, et seq.; the Resource Conservation and Recovery Act of 1976, as amended, 42 U.S.C. § 6901, et seq.; the Federal Water Pollution Control Act, as amended, 33 U.S.C. § 1201, et seq.; the Toxic Substances Control Act, 15 U.S.C. § 2601, et seq.; the Clean Air Act, 42 U.S.C. § 7401, et seq.; the Safe Drinking Water Act, 42 U.S.C. § 3808, et seq., the Federal Insecticide, Fungicide and Rodenticide Act, 7 U.S.C. § 136, et seq. and any other similar federal, state or local laws. "Environmental Liabilities" means any and all administrative, regulatory, or judicial actions, suits, allegations, demands, demand letters, claims, liens, notices of noncompliance or violation, investigations, liabilities, losses, costs (including remedial, investigative and/or monitoring costs), settlements, assessments, penalties, interest, legal, accounting and consultant fees and costs of court relating in any way to any Hazardous Materials or Environmental Laws incurred by or asserted against Landlord based on or caused by acts or omissions of Tenant or its agents, employees, directors, officers, shareholders, contractors, invitees, licensees, representatives, successors or assigns, including without limitation: (a) any and all claims by any Governmental Entity for enforcement, cleanup, removal, response, remedial, or other actions or damages pursuant to any applicable Environmental Laws, and (b) any and all claims, brought under common law or statute, by any party seeking damages, contribution, indemnification, cost recovery, compensation, or injunctive relief resulting from Hazardous Materials or arising from alleged injury or threat of injury to health, property, safety, or the environment. "Event of Default" shall have the meaning set forth in Section 9.1 of this Lease. "Governmental Entity" means any court or any federal, state, or local legislative body or governmental municipality, department, commission, board, bureau, agency or authority. "Hazardous Materials" means (a) any petroleum or petroleum products, radioactive materials, asbestos, urea formaldehyde foam insulation, transformers or other equipment that contains dielectric fluid containing levels of polychlorinated biphenyls (PCBs), and radon gas; (b) any chemicals, materials, or substances defined as or included in the definition of "hazardous substances," "hazardous wastes," "hazardous materials," "extremely hazardous wastes," "restricted hazardous wastes," "toxic substances," "toxic pollutants," "contaminants," or "pollutants," or words of similar import, under any applicable Environmental Laws; and (c) any other chemical, material or substance which is in any way regulated by any Governmental Entity. "Landlord Parties" means Landlord, its parents, affiliates and subsidiaries, together with their respective shareholders, members, partners, officers, directors, employees, agents and invitees. "Person" means an individual, partnership, joint venture, limited liability company, corporation, bank, trust, unincorporated organization or a Governmental Entity. "Premises" means the approximately 30,000 square feet of space within the Building, as more particularly depicted on Exhibit A. For avoidance of all doubt, the "Premises" expressly 2 5076051.6 exclude the area identified as "Former Bank Area" on Exhibit A and any other portions of the Property. "Property" means the real property commonly known as 449 Austin Avenue, Port Arthur, Texas 77640 and more particularly described as follows: Lots 1 through 12, in Block 132 of the CITY OF PORT ARTHUR, Jefferson County, Texas, as the same appears upon the map or plat thereof recorded in Volume 1, Page 50, Map Records of Jefferson County, Texas. "Relocation Property" means real property commonly known as 5860 9th Avenue, Port Arthur, Texas 77642 and more particularly described as an approximately 3.513 acre tract out of Lot 5, Block 9, Range "H" of Port Arthur Land Company Subdivision, a plat recorded in Volume 1, Page 22 of the Jefferson County Map Records. ARTICLE II PROPERTY 2.1 Lease. Landlord, in consideration of the rents, covenants, agreements, and conditions herein set forth which Tenant hereby agrees shall be paid, kept, and performed, does hereby lease unto Tenant, and Tenant does hereby rent and lease from Landlord, the Premises subject to all applicable legal requirements and to any Encumbrances now affecting the Property or hereafter placed upon the Property by Landlord. Notwithstanding the foregoing, Tenant shall have the non-exclusive right to use any elevators, shared hallways, exits and other similar areas reasonably identified by Landlord from time to time to be shared in common with other occupants of the Building, including, without limitation, such shared areas located within the Premises. ARTICLE III TERM 3.1 Term. Subject to and upon the terms and conditions set forth in this Lease, the term of this Lease (the "Term") shall commence on the Effective Date and shall expire on the . date (the "Termination Date") that is the earlier to occur of (i) eighteen (18) months after the Effective Date or (ii) the date that is thirty (30) days following the date on which the Relocation Property opens to the public for Tenant's use. By way of illustration, if the Effective Date was December 1, 2020 and the Relocation Property opened to the public for Tenant's use on October 26, 2021, then the Termination Date would be November 25, 2021. 3.2 Extension of Term Due to Disaster Declaration. Notwithstanding the provisions of Section 3.1 above, the Term shall be deemed automatically extended to the extent that a Disaster Declaration (herein defined) reasonably prevents Tenant from completing its renovations to the Relocation Property or from completing its move from the Premises to the Relocation Property. The extent to which the Term shall be deemed extended shall be reasonably determined by Landlord, taking into account (a) any period of time prior to or after the pendency of the Disaster Declaration that Tenant had to complete its renovations and move to the Relocation Property and (b) any work in connection with such renovations and move that could reasonably be achieved during the pendency of the Disaster Declaration. As used herein, "Disaster Declaration" means any stay-at-home order, shutdown or other closure of either the Premises or the Relocation Property mandated by the federal or state government or by the 3 5076051.6 Jefferson County Judge due to the issuance of a declaration of disaster (such as those relating to a hurricane or the COVID-19 pandemic). ARTICLE IV RENT 4.1 Rent. Commencing on the Effective Date and continuing thereafter throughout the Term, Tenant shall pay to Landlord monthly base rent of Twelve Thousand Dollars ($12,000.00) (the "Rent"), without offset, counterclaim or deduction; provided, however, so long as Tenant is not in default under this Lease, the Rent shall be abated for the stated Term of this Lease (not including any holdover period). The Rent (so long as it is not abated) shall be due and payable beginning on the Effective Date and continuing on the first day of each month during the Term. Tenant expressly acknowledges that the Rent amount set forth herein (prior to any abatements thereof) represents an amount equal to or less than the fair market rental value of the Premises based on an appraisal conducted by Tenant. 4.2 Holding Over. If Tenant does not surrender possession of the Premises at the end of the Term (as may be extended pursuant to Section 3.2 above), (i) Tenant shall be a tenant at sufferance, (ii) during such time of occupancy Tenant shall pay to Landlord the Rent, without abatement, offset, counterclaim or deduction, and (iii) for each month of such holdover, Tenant shall also pay to Landlord, as damages, an amount equal to one month's worth of previously abated Rent. Such amounts shall be payable without further notice from Landlord. By way of illustration, during each month of Tenant's holdover hereunder, Tenant shall pay to Landlord the sum of $24,000.00, representing the sum of the Rent ($12,000.00) plus one month's worth of previously abated Rent ($12,000.00). ARTICLE V ALTERATIONS AND ADDITIONS 5.1 Alterations and Additions. Tenant may not make any alterations in or additions to the Premises without Landlord's prior written consent, which consent may be withheld in Landlord's sole and absolute discretion. Any alterations or additions by Tenant shall be at Tenant's sole cost and expense. All alterations and additions to the Premises (other than Tenant's trade fixtures which are capable of being removed without damage to the Premises), shall become the property of Landlord at the end of the Term and shall be surrendered to Landlord upon termination of this Lease, whether by lapse of time or otherwise; provided, however, that Landlord shall have the right to require Tenant (a) to remove all alterations and additions to the Premises at the termination of this Lease and (b) to return the Premises to their condition as of the Effective Date, reasonable wear and tear excepted. 5.2 Condition of Premises; Compliance. Tenant accepts the Premises in their current condition, AS IS, WITH ALL FAULTS. Tenant expressly acknowledges that it was the owner of the Property (including the Building and the Premises) immediately prior to the Effective Date and is familiar with the condition of the Premises and the Building. Tenant shall be responsible for all cost and expense of any alterations, improvements and changes necessary to ensure the compliance of the Premises with the Americans with Disabilities Act, life safety provisions of any applicable building code(s) and any similar state or local laws. 4 5076051.6 ARTICLE VI COVENANTS 6.1 Use. Tenant may use the Premises for the purpose of operating the Health Department of the City of Port Arthur, Texas and no other purpose. Tenant shall at all times operate the Premises in compliance with all applicable legal requirements. 6.2 Parking. During the Term, Tenant's employees, agents, customers or invitees shall have the non-exclusive right to park their vehicles within the Designated Parking Area. If at any time there is insufficient parking available within the Designated Parking Area for Tenant's employees, agents, customers or invitees, all such persons must park in available parking areas located off of the Property. Without waiving any other rights or remedies under this Lease, at law or in equity, Landlord reserves the right to charge Tenant fees for any parking on the Property by Tenant's employees, agents, customers or invitees in such amounts as Landlord may reasonably determine from time to time. 6.3 Utilities. All utilities at the Premises shall be maintained in Tenant's name. Tenant shall pay directly to the relevant utility all charges for water, sewer, gas, electricity, light, heat, air conditioning, power, telephone and other communication services, and all other utilities and similar services rendered or supplied to the Premises, and all water rents, sewer service charges, or other similar charges levied or charged against, or in connection with, the Premises during the Term. Landlord will not be responsible for providing utility connections to the Premises. Notwithstanding the foregoing, to the extent that any utilities to the Property are not separately metered as to the Premises, Landlord reserves the right to equitably allocate to Tenant any charges for such utilities, which shall be promptly paid by Tenant to Landlord upon demand. 6.4 Insurance. (a) Tenant shall, at Tenant's sole cost and expense obtain and keep in force during the Term of this Lease a policy of Commercial General Liability Insurance, or equivalent, in an amount of not less than $2,000,000 per occurrence of bodily injury and property damage combined. This policy shall name Landlord as an additional insured and shall be primary over any insurance that may be carried by Landlord. (b) Tenant, at Tenant's sole cost and expense, shall obtain and keep in force during the Term of this Lease a full replacement cost policy or policies of fire and extended coverage insurance covering loss or damage to any tenant improvements or personal property of Tenant contained in the Premises or elsewhere on the Property. Tenant's insurance shall be primary over any insurance carried by Landlord and shall name Landlord as a loss payee. (c) Landlord, at Landlord's sole cost and expense, shall obtain and keep in force during the Term of this Lease a full replacement cost policy or policies of fire and extended coverage insurance covering loss or damage to the Building (except for any tenant improvements or personal property of Tenant contained in the Premises or elsewhere on the Property). Landlord shall have the option to self-insure as to any of its insurance obligations described in this Lease. 5 5076051.6 (d) Anything to the contrary in this Lease notwithstanding, none of the Landlord Parties shall be liable to Tenant or to any insurance company (by way of subrogation or otherwise) insuring Tenant for any loss or damage to any property, when such loss is caused by any of the perils that are or could be insured against under any insurance policy actually held by Tenant or that is required to be obtained by Tenant under this Lease, or losses under workers' compensation laws and benefits (including, without limitation, consequential damages, business interruption or loss of profits in connection therewith), even though such loss or damage might have been occasioned by the negligence of any Landlord Parties. If necessary, all such insurance policies required of Tenant under this Lease shall be endorsed to so provide. THIS PARAGRAPH IS INTENDED TO RELEASE LANDLORD FROM LIABILITY FOR ITS OWN NEGLIGENCE, TO THE EXTENT SUCH NEGLIGENCE IS COVERED BY INSURANCE. 6.5 Taxes. Landlord shall be responsible for paying all real property taxes on the Property. Tenant shall pay all taxes, if any, on its equipment, inventory and other personal property on the Property before the same become delinquent. 6.6 Repairs. (a) Landlord, at Landlord's sole cost and expense, shall make all necessary repairs to the roof, exterior walls, and foundation of the Building and those portions of the Building's plumbing, electrical and HVAC systems. (b) Tenant, at its sole cost and expense, shall make or cause to be made all repairs to the remainder of the Premises, including, but not limited to, windows, glass doors, interior walls, floors and floor coverings. Tenant shall further be responsible for all general maintenance of the interior of the Premises. (c) Landlord shall make or cause to be made, all repairs to the exterior and common areas relating to the Property, including, without limitation, repairs to common areas such as exterior walkways, parking areas, fences, lighting and other fixtures. Landlord shall further be responsible for all general maintenance of the exterior and common areas relating to the Property, including, without limitation, landscaping, landscape maintenance and snow removal (if applicable). (d) Notwithstanding the foregoing, with respect to any repairs made by Landlord under this Section, Tenant shall pay for (i) any and all repairs to those portions of the Building's plumbing, electrical and HVAC systems devoted exclusively to the Premises; (ii) the first $10,000.00 of any other Landlord repairs during the stated Term; and (iii) if Tenant holds over beyond the stated Term, any and all Landlord repairs occurring during such holdover. 6.7 Environmental Law Compliance and Indemnity. (a) Tenant shall not create, collect, store, treat, dispose of or cause to be released or otherwise discharged any Hazardous Materials on the Property except in such minute quantities as are found in everyday cleaning supplies in compliance with Environmental Laws and shall notify Landlord within twenty-four (24) hours after discovering or being informed of the presence of any Hazardous Materials on the Property either in violation of Environmental Laws or in greater than minute quantities. 6 - 5076051.6 (b) Except to the extent caused by Landlord, prior to vacating the Premises, Tenant shall clean up any Environmental Contamination occurring on the Premises during the Term and located on, under, or adjacent to the Premises, wherever located, in accordance with the requirements of all Environmental Laws and to Landlord's reasonable satisfaction; and the Premises shall remain in its cleaned-up condition through the time Tenant vacates the Premises. Should Tenant not fulfill its obligations under this Section 6.7, Tenant shall reimburse Landlord for all such clean-up costs. (c) Notwithstanding any other provision of this Lease, Tenant agrees to and does hereby release the Landlord Parties from and against any and all Environmental Liabilities (including strict liability), which may now or in the future (whether during or after the Term) be paid, incurred or suffered by or asserted against Tenant by any person or entity or Governmental Entity. (d) The covenants contained in this Section 6.7 shall survive the expiration or other termination of this Lease. 6.8 Security. Tenant shall (i) lock the doors to the Premises and take other reasonable steps to secure the Premises and the personal property of Tenant or its employees, agents, contractors, customers or invitees located at the Property, from unlawful intrusion, theft, fire and other hazards; (ii) keep and maintain in good working order all security and safety devices installed in the Premises by or for the benefit of Tenant (such as locks, smoke detectors and burglar alarms); and (iii) cooperate with Landlord on Building safety matters. Tenant acknowledges that any access control or safety measures employed by Landlord are for the protection of Landlord's own interests; that Landlord is not a guarantor of the security or safety of Tenant or its employees, agents, contractors, customers or invitees or their property; and that such security and safety matters are the responsibility of Tenant and the local law enforcement authorities. 6.9 Release. To the extent it may lawfully do so, Tenant hereby releases Landlord and Landlord's agents, directors, managers, officers, employees, invitees, and contractors, from all claims, demands, liabilities, losses, costs, damages, or expenses (including but not limited to attorneys' fees) resulting or arising from any and all injuries to, including death of, any person or damage to any property caused by any other accident or injury on or relating to the Premises, the Property and any sidewalk, street or other area adjacent thereto. ARTICLE VII CASUALTY; CONDEMNATION 7.1 Damage or Destruction. If the Building is damaged or destroyed, in whole or in part, by fire or other casualty at any time during the Term and if, after such damage or destruction, Tenant is not able to use the portion of the Premises not damaged or destroyed to substantially the same extent and for substantially the same purposes as Tenant used the Premises prior thereto, Tenant shall immediately notify Landlord and Landlord shall, within thirty (30) days thereafter, notify Tenant whether Landlord desires to terminate this Lease or to rebuild the Premises. If Landlord elects to rebuild the Premises and the time to complete such reconstruction is in excess of ninety (90) days, Tenant shall have the right to terminate this Lease by so notifying Landlord within thirty (30) days following receipt of such notice from Landlord. 7 5076051.6 7.2 Condemnation. If any improved portion of the Premises in excess of twenty-five percent (25%) of the original area thereof, or any other portion of the Property reasonably necessary for Tenant to conduct its business at the Premises, shall be taken as a result of the power of eminent domain, this Lease shall terminate at Tenant's election, made within thirty (30) days after taking (or at any time after Tenant's receipt of written notice of such taking) if the Premises are no longer suitable for Tenant's use. If this Lease is not so terminated, the Rent shall be equitably adjusted by Landlord to take into account such taking. Tenant hereby waives any and all right to any condemnation award given in connection with the Premises. ARTICLE VIII ASSIGNMENT AND SUBLETTING 8.1 Restrictions. Tenant may not assign this Lease or sublease the Premises without Landlord's prior written consent, which consent may be withheld in Landlord's sole and absolute discretion. Any assignment without consent shall be void and an Event of Default under this Lease. In no event shall Tenant be released from liability hereunder upon any assignment, and any assignee must assume in writing all obligations under this Lease. ARTICLE IX DEFAULT AND REMEDIES 9.1 Default by Tenant. Each of the following shall be deemed an "Event of Default" by Tenant hereunder and a material breach of this Lease: (a) Tenant shall fail to pay any installment of Rent or any other sums owed Landlord within ten (10) days after Tenant has been given a written notice specifying the same; (b) Tenant shall fail to materially keep, perform, or observe any of the covenants, agreements, terms, or provisions contained in this Lease that are to be kept or performed by Tenant other than with respect to payment of Rent, and Tenant shall fail to commence and take such steps as are necessary to remedy the same within thirty (30) days after Tenant has been given a written notice specifying the same, or having so commenced, shall thereafter fail to proceed diligently and with continuity to remedy the same; or (c) Tenant or any other party shall file a petition naming Tenant as debtor in any bankruptcy or other insolvency proceeding or shall file for the appointment of a liquidator or receiver for all or substantially all of Tenant's property or for Tenant's interest in this Lease or Tenant shall admit in writing its inability to meet its obligations as they become due or make an assignment for the benefit of its creditors. 9.2 Landlord's Remedies. (a) If an Event of Default occurs under this Lease, Landlord shall be entitled to any and all rights and remedies available to it, at law, in equity or under this Lease. (b) Following an Event of Default, Tenant shall be liable to Landlord for: (i) all legal fees of Landlord in enforcing its rights hereunder; (ii) all reasonable costs of reletting the Premises (including, without limitation, all repairs and necessary improvements); (iii) all costs of 8 5076051.6 removing and storing Tenant's property; (iv) all other amounts of any kind owed by Tenant under this Lease; and (v) interest at the rate of ten percent (10%) per annum on all amounts owed to Landlord computed from the date such amounts were due. (c) All agreements and provisions to be performed by Tenant under any of the terms of this Lease shall be at Tenant's sole cost and expense and without any abatement of rent. If Tenant shall fail to pay any sum of money, other than Rent, required to be paid by it hereunder or shall fail to cure any Event of Default, then Landlord may, but shall not be obligated to, and without waiving or releasing Tenant from any obligations, make any such payment or perform any such act on Tenant's part. All sums so paid by Landlord and all costs incurred by Landlord in taking such action shall be deemed additional Rent hereunder and shall be paid to Landlord on demand, and Landlord shall have (in addition to all other rights and remedies of Landlord) the same rights and remedies in the event of the non-payment thereof by Tenant as in the case of an Event of Default by Tenant in the payment of Rent. (d) Notwithstanding anything to the contrary contained in this Lease, Landlord shall have a duty to mitigate its damages to the extent reasonably practicable. 9.3 Default by Landlord; Tenant Remedies. It shall be deemed a default by Landlord hereunder and a material breach of this Lease if Landlord shall fail to materially keep, perform, or observe any of the covenants, agreements, terms, or provisions contained in this Lease that are to be kept or performed by Landlord, and Landlord shall fail to commence and take such steps as are reasonably necessary to remedy the same within thirty (30) days after Landlord shall have been given a written notice specifying the same, or having so commenced, shall thereafter fail to proceed diligently and with continuity to remedy the same. In the event of any default by Landlord under this Lease, Tenant shall have any and all rights and remedies available to it, at law, in equity or under this Lease. 9.4 Limitation of Liability. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS LEASE, IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER OR ANY OF THEIR RESPECTIVE AGENTS, REPRESENTATIVES, OR EMPLOYEES FOR ANY LOST REVENUE, LOST PROFITS, LOSS OF TECHNOLOGY, RIGHTS OR SERVICES, INCIDENTAL, PUNITIVE, INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES, LOSS OF DATA, OR INTERRUPTION OR LOSS OF USE OF SERVICE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER UNDER THEORY OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR OTHERWISE. ARTICLE X MISCELLANEOUS 10.1 Waivers and Amendments. Any waiver of any term or condition of this Lease, or any amendment or modification of this Lease, shall be effective only if set forth in a written document executed by a duly authorized officer of the party(ies) against which such waiver, amendment or modification is asserted. 10.2 Notices. Any notice provided or permitted to be given under this Lease must be in writing and shall be served (a) by depositing same in the United States mail, addressed to the party to be notified, postage prepaid and registered or certified with return receipt 9 5076051.6 requested; (b) by delivering the same in person to such party; (c) by any recognized expedited courier service (such as Federal Express) which requires the receiver of such notice to acknowledge receipt in writing; or (d) by email (provided that any notice of default hereunder must also be sent by another method of notice provided for in this Section). Notice shall be effective only upon receipt at the address of the addressee or refusal by the addressee to accept delivery thereof. For purposes of notice, the addresses of the parties shall be as follows: If to Landlord, to: Aurora Capital Holdings LLC 500 Dallas Street Houston, Texas 77002 Attention: Jay Hall Telephone: 713-427-3313 E-mail: jay.hall@motiva.com with a copy to: David J. Weiner Liskow& Lewis 1001 Fannin, Suite 1800 Houston, Texas 77002 Telephone: 713-651-2944 Email: dweiner@liskow.com If to Tenant, to: City of Port Arthur, Texas P.O. Box 1089 Port Arthur, Texas 77641 Attn: Ron Burton, City Manager Telephone: 409-983-8101 Email: ron.burton@portarthurtx.gov with a copy to: City of Port Arthur, Texas 444 4th Street Port Arthur, Texas 77640 Attn: Valecia Tizeno, City Attorney Telephone: 409-983-8129 Email: val.tizeno@portarthurtx.gov Either party may change its address(es) for the purpose of giving notice hereunder by giving the other party notice thereof in accordance with the provisions of this Section. 10.3 Entire Agreement. This Lease and the Exhibits hereto constitute the entire agreement between the parties pertaining to the subject matter hereof and supersede all other prior and contemporaneous agreements and understandings, both oral and written, of the parties in connection therewith. No covenant or condition not expressed in this Lease shall affect or be effective to interpret, change or restrict this Lease. 10.4 Severability. If any term, provision, covenant or condition of this Lease is held by any court of competent jurisdiction to be invalid, void or unenforceable in any respect, the remainder of such term, provision, covenant or condition in every other respect and the 10 5076051.6 remainder of the terms, provisions, covenants or conditions of this Lease shall continue in full force and effect and shall in no way be affected, impaired or invalidated. 10.5 Quiet Enjoyment. Landlord covenants that Tenant, on paying the Rent and performing and observing all of the covenants and agreements herein contained and provided to be performed by Tenant, shall and may peaceably and quietly have, hold, occupy, use, and enjoy the Premises during the Term, and may exercise all of its rights hereunder, subject only to the provisions of this Lease and all applicable legal requirements. 10.6 Governing Law. THIS AGREEMENT HAS BEEN EXECUTED IN THE STATE OF TEXAS AND SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF TEXAS. 10.7 Intentionally Omitted. 10.8 Signage. Tenant shall have the right to continue to display its existing signage on the Premises. Tenant shall not display any other signage visible from the exterior of the Premises without the prior written consent of Landlord, which consent shall be in Landlord's sole and absolute discretion. 10.9 Limitation of Landlord's Liability. Tenant specifically agrees to look solely to Landlord's interest in the Premises for the recovery of any judgment against Landlord, it being agreed that Landlord, its officers, directors and employees shall never be personally liable for any such judgment. 10.10 Waiver of Lien by Tenant. Tenant shall have no right, and Tenant hereby waives and relinquishes all rights which Tenant might otherwise have, to claim any nature of lien against the Building or to withhold, deduct from or offset against any Rent or other sums to be paid to Landlord by Tenant (including, without limitation, any and all rights under Texas Property Code section 91.004), and Tenant further acknowledges that it shall have no right or ability to grant any lien in connection with any work performed on the Premises. 10.11 Abandoned Property. Any personal property of Tenant left in the Premises subsequent to the Termination Date shall be deemed to have been abandoned by Tenant. Landlord shall give Tenant thirty (30) days notice to remove such abandoned property from the Premises. If Tenant fails to remove such property prior to the end of said thirty (30) day period, Landlord shall have the right to remove such property from the Premises and either store, sell or otherwise dispose of the same with no liability to Tenant. The terms of this Section shall survive the expiration or other termination of this Lease. [Signature Page Follows] 11 5076051.6 IN WITNESS WHEREOF, the parties hereto have duly executed this Lease effective as of the Effective Date. LANDLORD: AURORA CAPITAL HOLDINGS LLC, a Delaware limited liability company By: Name: Title: TENANT: CITY OF PORT ARTHUR, TEXAS By: Name: Title: ATTEST: City Secretary (SEAL) APPROVED AS TO FORM City Attorney [Signature Page to Lease Agreement] Exhibit A [Depiction of the Premises] , > cg . ....% cs. 0.5 A••-• (-D, , _ --1. , ar • ,7-11 1 1 1 t I 1 177 i 1 (xi ' ...." . , 1 , 711 i -ri 1 I L 1 , r, ji - cf) • , . i I17 . 1 1 (..1. , , 0 • _ • ti•••14 ..,/.,`; ,... I 1 V 1 ./).w ‘- ill"Ail ri-i I ; q 1 ii 1 r 4, g 1 WNW. I ,I . j . i i > i* 0 ,--. 1 1 141 ,4., ,..... ., ,,,... ,D 1.4,`• ell -1 ' lig 14 e'. ;tti t i 1 I I I I ; I HEALTH DEPARTMENT 134.141-01040 IREVIEW I 9 111 Al a ; . - 1 , , cart OF star Millitgl 1 U - ----- --------11 1 "CO.,fl.-,. 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