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HomeMy WebLinkAboutContract 50806 Received Date:6/4/2018 Received Time:1:39 p.m. Developer and Project Information Cover Sheet: Developer Company Name: Saginaw 106,Ltd, a Texas Limited Partnership,by Windfall Investments,Inc. , its General Partner Address, State,Zip Code: 3045 Lackland Rd. ,Fort Worth,TX,76116 Phone&Email: 817-502-2539,DAllen(dlacklandholdin sgs com Authorized Signatory,Title: Don E.Allen,Development Manager Project Name: Lasater Ranch Phase 3 Brief Description: Water, Sewer,Paving, Storm Drain, Street Lights Project Location: 7_ JW aler Servey,Abstract Number 1602,Tarrant County Texas Plat Case Number: FP-17-054 Plat Name: Lasater Ranch Phase 3 Mapsco: 34V Council District: [CD#] CFA Number: 2017-202 City Project Number: 101341 City of Fort Worth,Texas OFFICIAL RECORD e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date:02.20.2017 CIN SECRETARY Page 1 of 11 FT.WORTH,TX STANDARD COMMUNITY FACILITIES AGREEMENT THE STATE OF TEXAS § City Secretary COUNTY OF TARRANT § Contrast No. 50806 WHEREAS, Saginaw 106, Ltd, a Texas Limited Partnership , by Windfall Investments, Inc. , its General Partner , ("Developer"), desires to make certain specific improvements as described below and on the exhibits attached hereto ("Improvements") related to a project generally described as Lasater Ranch Phase 3 ("Project") within the City or the extraterritorial jurisdiction of Fort Worth, Texas ("City"); and WHEREAS, the City has no obligation to participate in the cost of the Improvements or Project; and WHEREAS,any future City participation in this CFA is subject to the availability of City funds and approval by the Fort Worth City Council and shall be memorialized as an amendment to this Agreement; and WHEREAS, the Developer and the City desire to enter into this Community Facilities Agreement ("CFA" or "Agreement") in connection with the collective Improvements for the Project. NOW,THEREFORE,for and in consideration of the covenants and conditions contained herein,the City and the Developer do hereby agree as follows: General Requirements A. The Policy for the Installation of Community Facilities ("Policy") dated March 2001, approved by the City Council of the City of Fort Worth, as amended, is hereby incorporated into this Agreement as if copied herein verbatim. Developer agrees to comply with all provisions of said Policy in the performance of its duties and obligations hereunder and to cause all contractors hired by Developer to comply with the Policy in connection with the work performed by said contractors. B. Developer shall provide financial security in conformance with paragraph 6, Section II, of the Policy and recognizes that there shall be no reduction in the collateral until the Project has been completed and the City has officially accepted the Improvements. Developer City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA official Release Date:02.20.2017 OFFICIAL.RECORD Page 2 of 11 CITY SECRETARY FT.WORTHo TX further acknowledges that said acceptance process requires the Developer's contractor(s) to submit a signed affidavit of bills paid and consent of Surety signed by its surety to ensure the contractor has paid any sub-contractor(s) and suppliers in full. Additionally, the contractor will provide in writing that the contractor has been paid in full by Developer for all the services provided under this contract. C. Developer agrees to cause the construction of the Improvements contemplated by this Agreement and that said construction shall be completed in a good and workmanlike manner and in accordance with all City standards and the City-approved construction plans, specifications and cost estimates provided for the Project and the exhibits attached hereto. D. The following checked exhibits describe the Improvements and are incorporated herein: Water(A) N. Sewer(A-1) El- Paving(B) M. Storm Drain(B-1) ED. Street Lights & Signs (C) - E. The Developer shall award all contracts for the construction of the Improvements in accordance with Section 11,paragraph 7 of the Policy and the contracts shall be administered in conformance with paragraph 8, Section II, of the Policy. Developer shall ensure its contractor(s)pays the then-current City-established wage rates. F. For all Improvements included in this Agreement for which the Developer awards construction contract(s), Developer agrees to the following: i. To employ a construction contractor who is approved by the director of the department having jurisdiction over the infrastructure to be constructed, said contractor to meet City's requirements for being prequalified, insured, licensed and bonded to do work in public ways and/or prequalified to perform water/wastewater construction as the case may be. ii. To require its contractor to furnish to the City a payment and performance bond in the names of the City and the Developer for one hundred percent (100%) of the contract price of the infrastructure, and a maintenance bond in the name of the City for one hundred percent (100%) of the contract price of the infrastructure for a period of two (2) years from the date of final acceptance insuring the maintenance and repair of the constructed infrastructure during the term of the maintenance City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date:02.20.2017 Page 3 of 11 bond. All bonds to be furnished before work is commenced and to meet the requirements of Chapter 2253, Texas Government Code. iii. To require the contractor(s) it hires to perform the construction work contemplated herein to provide insurance equal to or in excess of the amounts required by the City's standard specifications and contract documents for developer-awarded infrastructure construction contracts. The City shall be named as additional insured on all insurance required by said documents and same will be evidenced on the Certificate of Insurance (ACORD or other state-approved form) supplied by the contractor's insurance provider and bound in the construction contract book. iv. To require its contractor to give 48 hours advance notice of intent to commence construction to the City's Construction Services Division so that City inspection personnel will be available;to require the contractor to allow the construction to be subject to inspection at any and all times by City inspection forces,to not install or relocate any sanitary sewer, storm drain, or water pipe unless a responsible City inspector is present and gives his consent to proceed, and to make such laboratory tests of materials being used as may be required by the City. V. To require its contractor to have fully executed contract documents submitted to the City in order to schedule a Pre-Construction Meeting. The submittal should occur no less than 10 working days prior to the desired date of the meeting. No construction will commence without a City-issued Notice to Proceed to the Developer's contractor. vi. To delay connections of buildings to service lines of sewer and water mains constructed under this Agreement, if any, until said sewer and water mains and service lines have been completed to the satisfaction of the Water Department. G. Developer shall provide at its expense, unless otherwise agreed to by City, all engineering drawings and documents necessary to construct the improvements under this Agreement. H. Developer shall cause the installation or adjustment of the required utilities to serve the development or to construct the Improvements required herein. I. City shall not be responsible for payment of any costs that may be incurred by Developer in the relocation of any utilities that are or may be in conflict with any of the community facilities to be installed hereunder. City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date:02.20.2017 Page 4 of 11 J. Developer hereby releases and agrees to indemnify, defend and hold the City harmless for any inadequacies in the preliminary plans,specifications and cost estimates supplied by the Developer for this Agreement. K. Developer agrees to provide, at its expense, all necessary rights of way and easements across property owned by Developer and required for the construction of the current and future improvements provided for by this Agreement. L. The Developer further covenants and agrees to, and by these presents does hereby, fully indemnify, hold harmless and defend the City, its officers, agents and employees from all suits,actions or claims of any character,whether real or asserted,brought for or on account of any injuries or damages sustained by any persons (including death) or to any property, resulting from or in connection with the construction, design, performance or completion of any work to be performed by said Developer, its contractors, subcontractors, officers, agents or employees, or in consequence of any failure to properly safeguard the work, or on account of any act, intentional or otherwise, neglect or misconduct of said Developer, its contractors, sub-contractors, officers, agents or employees, whether or not such injuries, death or damages are caused, in whole or in part, by the alleged negligence of the City of Fort Worth, its officers, servants, or employees. M. Developer will further require its contractors to indemnify, defend and hold harmless the City, its officers, agents and employees from and against any and all claims, suits or causes of action of any nature whatsoever, whether real or asserted, brought for or on account of any injuries or damages to persons or property, including death, resulting from,or in any way connected with,the construction of the infrastructure contemplated herein, whether or not such injuries, death or damages are caused, in whole or in part, by the alleged negligence of the City of Fort Worth, its officers, servants, or employees. Further,Developer will require its contractors to indemnify, and hold harmless the City for any losses, damages, costs or expenses suffered by the City or caused as a result of said contractor's failure to complete the work and construct the improvements in a good and workmanlike manner, free from defects, in conformance with the Policy, and in accordance with all plans and specifications. City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date: 02.20.2017 Page 5 of 11 N. Upon completion of all work associated with the construction of the Improvements, Developer will assign to the City a non-exclusive right to enforce the contracts entered into by the Developer with its contractor along with an assignment of all warranties given by the contractor,whether express or implied. Further,Developer agrees that all contracts with any contractor shall include provisions granting to the City the right to enforce such contracts as an express intended third party beneficiary of such contracts. O. Inspection and material testing fees are required as follows: i. Developer shall pay in cash water and wastewater inspection fees and material testing fees equal to two percent (2%) for a total of 4% of the developer's share of the total construction cost as stated in the construction contract. ii. Developer shall pay in cash paving and storm drain inspection fees equal to four percent(4%) and material testing fees equal to two percent (2%) for a total of 6% of the developer's share of the total construction cost as stated in the construction contract. iii. Developer shall pay in cash the total cost of streetlights or if the city is not installing the streetlights, inspection fees equal to four percent(4%) of the developer's share of the streetlight construction cost as stated in the construction contract. iv. Developer shall pay in cash the total cost of street signs. P. COMPLETION WITHIN 2 YEARS i. Developer shall complete the Improvements within two (2) years, provided, however, if construction of the Improvements has started within the two year period,the developer may request that the CFA be extended for one additional year. ii. Nothing contained herein is intended to limit the Developer's obligations under the Policy, this Agreement, its financial guarantee, its agreement with its contractor or other related agreements. iii. The City may utilize the Developer's financial guarantee submitted for this Agreement to cause the completion of the construction of the Improvements if at the end of two(2)years from the date of this Agreement(and any extension period) the Improvements have not been completed and accepted. iv. The City may utilize the Developer's financial guarantee to cause the completion of the construction of the Improvements or to cause the payment of costs for City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date:02.20.2017 Page 6of11 construction of same before the expiration of two (2) years if the Developer breaches this Agreement, becomes insolvent or fails to pay costs of construction and the financial guarantee is not a Completion Agreement. If the financial guarantee is a Completion Agreement and the Developer's contractors and/or suppliers are not paid for the costs of supplies and/or construction, the contractors and/or suppliers may put a lien upon the property which is the subject of the Completion Agreement. Q. Developer acknowledges that in accordance with Chapter 2270 of the Texas Government Code,the City is prohibited from entering into a contract with a company for goods or services unless the contract contains a written verification from the company that it: (1) does not boycott Israel; and (2) will not boycott Israel during the term of the contract. The terms "boycott Israel" and "company" shall have the meanings ascribed to those terms in Section 808.001 of the Texas Government Code. By signing this contract, Developer certifies that Developer's signature provides written verification to the City that Developer: (1) does not boycott Israel; and(2)will not boycott Israel during the term of the contract. R. IMMIGRATION AND NATIONALITY ACT Developer shall verify the identity and employment eligibility of its employees who perform work under this Agreement, including completing the Employment Eligibility Verification Form (I-9). Upon request by City, Developer shall provide City with copies of all 1-9 forms and supporting eligibility documentation for each employee who performs work under this Agreement. Developer shall adhere to all Federal and State laws as well as establish appropriate procedures and controls so that no services will be performed by any Developer employee who is not legally eligible to perform such services. DEVELOPER SHALL INDEMNIFY CITY AND HOLD CITY HARMLESS FROM ANY PENALTIES, LIABILITIES, OR LOSSES DUE TO VIOLATIONS OF THIS PARAGRAPH BY DEVELOPER, DEVELOPER'S EMPLOYEES, SUBCONTRACTORS, AGENTS, OR LICENSEES. City, upon written notice to Developer, shall have the right to immediately terminate this Agreement for violations of this provision by Developer. City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date:02.20.2017 Page 7 of 11 Cost Summary Sheet Project Name: Lasater Ranch Phase 3 CFA No.: 2017-202 City Project No.: 101341 An Engineer's Estimate of Probable Cost is acceptable. However,the construction contract price will ultimately determine the amount of CFA fees and financial guarantee. The bid price and any additional CFA payments will be required prior to scheduling a pre-construction meeting. An itemized estimate corresponding to each project-specific exhibit is required to support the following information. Items Developer's Cost A. Water and Sewer Construction 1. Water Construction $ 224,660.25 2.Sewer Construction $ 194,737.00 Water and Sewer Construction Total $ 419,397.25 B. TPW Construction 1.Street $ 587,544.59 2.Storm Drain $ 507,550.00 3.Street Lights Installed by Developer $ 67,715.75 4. Signals $ - TPWConstructionCostTotal $ 1,162,810.34 Total Construction Cost(excluding the fees): $ 1,582,207.59 Construction Fees: C. Water/Sewer Inspection Fee(2%) $ 8,387.95 D. Water/Sewer Material Testing Fee(2%) $ 8,387.95 Sub-Total for Water Construction Fees $ 16,775.90 E. TPW Inspection Fee(4%) $ 43,803.78 F. TPW Material Testing(2%) $ 21,901.89 G. Street Light Inspsection Cost $ 2,708.63 H. Signals Inspection Cost $ - H. Street Signs Installation Cost $ - Sub-Total for TPW Construction Fees $ 68,414.30 Total Construction Fees: $ 85,190.20 Choice Financial Guarantee Options,choose one Amount 'iv'iark one Bond=100% $ 1,582,207.59 Completion Agreement=100%/Holds Plat $ 1,582,207.59 x Cash Escrow Water/Sanitary Sewer—125% $ 524,246.56 Cash Escrow Paving/Storm Drain=125% $ 1,453,512.93 Letter of Credit=125%w/2yr expiration period $ 1,977,759.49 City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date: 02.20.2017 Page 8 of 11 ACCORDINGLY,the City of Fort Worth and Developer have each caused this instrument to be executed in quadruplicate in each entity's respective name by its duly authorized signatories effective as of the date executed by the City's City Manager or his/her designee. CITY OF FORT WORTH DEVELOPER Saginaw 106,Ltd, a Texas Limited Partnership, by Windfall Investments,Inc. , its General Jesus J.Chapa(Jun 4,2b18) Partner Jesus J. Chapa Assistant City Manager Date: Jun 4,2018 Don Allen(May 25,2018) Recommended by: Name: Don E. Allen Title: Development Manager Evelyn Robes(Jun 1,2018) May 25 2018 Evelyn Roberts/Jennifer Ezemack Date: y ' Project Assistant Planning and Development Contract Compliance Manager: Approved as to Form &Legality: By signing, I acknowledge that I am the person responsible for the monitoring and &LIWd,4 A�Clwlol administration of this contract, including Richard A.McCracken(Jun 4,2018) ensuring all performance and reporting Richard A. McCracken requirements. Assistant City Attorney M&C No. N/A J e Scarlett Morales(Jun 1,2018) Date: Name: Janie Morales Form 1295: N/A Title: Development Manager ATTEST: Mary J.K r0 ,2018) Mary J. Kayser/Ronald Gonzales City Secretary/Assistant City Secretary City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date:02.20.2017 Page 9of11 Check items associated with the project being undertaken; checked items must be included as Attachments to this Agreement Included Attachment 0 Attachment 1 -Changes to Standard Community Facilities Agreement Location Map Exhibit A: Water Improvements Water Cost Estimate Exhibit A-1: Sewer Improvements k Sewer Cost Estimate Exhibit B: Paving Improvements Paving Cost Estimate Exhibit B-1: Storm Drain Improvements Storm Drain Cost Estimate Exhibit C: Street Lights and Signs Improvements Street Lights and Signs Cost Estimate (Remainder of Page Intentionally Left Blank) City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date:02.20.2017 Page 10 of 11 ATTACHMENT"I" Changes to Standard Agreement Community Facilities Agreement City Project No. 101341 None City of Fort Worth,Texas e-Standard Community Facilities Agreement-Lasater Ranch Phase 3 CFA Official Release Date:02.20.2017 Page 11 of 11 0 r w w x Z - Q �o 0 � P � rm QoXN ' dNFco 0 .- oN L9 Sr J O F— W (n z r _ �O Of m t Oa � LL t- J 0] � LL < O W co O J o 0 m �� J 'o,Q z \� W � Oxr r z F r r oz 0 U 0 m Z g W F- W a�$ / IN 0c) w I Z Q moa LL /�J w w 0 H JN qn lwn ull�laoM 1 fu • �llwn ulo aNnow le 3❑ J m U G 3n s vu N liwll ul0 MVNIOVS . z l W N ) GpE. \ W = ai Z r Q J w a U �o O z O z LL N Zw W. ¢ �O O w 'A O pN= � J oLL,�m L]J ; 3�ow Q in 0z_ 0° g Oa m LL 01 W y N (O U J o N m~a N O 2d Ng O in m 0 04 ORZW O N N N Ii o aj M o 04 U 7idO iY Lf) N N 6 N N N c+0i M �pY .41 M J7 N w L m a o� W M O r Q J ¢w M co CF)x W¢ (x0 Cl)0Cl)� a- M CN N N W N J WOO Lr) CL IVd VSO1NOW xFQ M w , OFA W ZWr iaw Cl) @r o a g ao O Y=om IL O co N M ('Q.z N � Ute.. 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F Cl)M N N N W N VSOlNOW W Qa IIVHl U Q g O Z OEEZ nQd a c'� W Z 30 J a w M F- a M a- a- m o�z z C� O O M N N N M V LO m r Ja Wa g u7 Q LL a o O U) N N O p t0 V O u7 U O f-O 0 V N N N N N N ry W 00 f� t0 K O) m m CON N lIVH1110AVN gJ V m N m Z OLU ° O Lil z p- V w(O SA N C] V y6NFN� w m O N wZ N f V p If7 O ( Q r dN607> N U LO V U W O O Q y O Cl) N O m N� i N r InM 5;N N N N N V' .- irn z'n v O M 04 3ARI0 30N3A OOVd CD OD LO "M3311NOS v _ Lf) co OD111O O O� m N z Ln M N m 0) v I m rn co rn N N M LO M h LL W o N N O M °D m 00 m MCN M N f� M ti CN V) o N ,A W = W CD O vI r co O m U) ~ 3NVI N u7 V V) °r N Z a O ONIOA03IMOH J N � L V J 'JNIlSIX3 g o m I`�Z° O �_ " d " N ¢rn CWC Z rN00 2 O N N ry w N G Z H1210N N �'M Q N� w m IIVHl �O �d w 0210S31 N M Z W W ��o i< r LN W i °¢ m Iroal08OS31 W oe Z W rU > u7 V M N �- cr+] CM) LO ~ r p p W Z W oY W fn Wo oM O Q Z a W m U a x W 0 1 U' SECTION 00 4100—PROPOSAL DEVELOPER AWARDED CONTRACTS This proposal must not be removed from this book of Contract Documents. TO: Saginaw 106,Ltd. PROPOSAL FOR: WATER, SANITARY SEWER,AND STORM DRAIN IMPROVEMENTS PROJECT NAME: LASATER RANCH PHASE 3 FILE NO.X-24953 &W-2542 CITY PROJECT NO. 101341 WATER PROJECT NO. 56008-0600430-101341-001580 SEWER PROJECT NO.56008-0700430-101341-001380 Includes the furnishing of all materials, equipment and labor for the installation of median openings,left turn lane,water& sanitary sewer improvements and all necessary appurtenances and incidental work to provide a complete and serviceable project designated as: WATER,SANITARY SEWER AND STORM DRAIN IMPROVEMENTS TO SERVE LASATER RANCH PHASE 3 Pursuant to the foregoing'Notice to Bidders', the undersigned Bidder, having thoroughly examined the Contract Documents, including plans, special contract documents,the Technical Specifications listed in this contract, the site of the project and understanding the amount of work to be done,and the prevailing conditions,hereby proposes to do all the work, furnish all labor, equipment and material except as specified to be furnished by the City,which is necessary to fully complete the work as provided in the Plans and Contract Documents and subject to the inspection and approval of the Director of the Department of Transportation&Public Works of the City of Fort Worth, Texas; and binds himself upon acceptance of this Proposal to execute a contract and furnish an approved Performance Bond,Payment Bond, Maintenance Bond, and such other bonds, if any, as may be required by the Contract Documents for the performing and completing of the said work. Contractor proposes to do the work within the time stated and for the following sums: Furnish and install, including all appurtenant work, complete in place, the following items: Page 1 of 3 00 42 43 DAP-BID PROPOSAL Page 1 of 2 SECTION 00 42 43 Developer Awarded Projects-PROPOSAL FORM UNIT PRICE BID Bidder's Application Project Item Information Bidders Proposal Bid Item Bidlist Item Specification I Unit of Bid No. No. Description Section No. I Measure Quantity Unit Price Bid Value UNIT I:WATER IMPROVEMENTS 1 3311.0261 8"PVC Water Pipe 3311 12 LF 3553 $24.00 $85,272.00 2 3312.3003 8"Gate Valve&Box 331220 EA 8 $1,100.00 $8,800.00 3 3312.0117 Conn.To Existing 4"-12"Water Main 33 12 25 EA 4 $2,200.00 $8,800.00 4 3312.0001 Fire Hydrant Assembly 331240 EA 4 $3,300.00 $13,200.00 5 3312.2003 1"Water Service-Residential N 33 12 10 EA 93 $900.00 $83,700.00 6 3312.2103 1.5"Water Service 33 12 10 EA 8 $1,500.00 $12,000.00 7 3305.0109 Trench Safety 33 05 10 LF 3553 $0.251 $888.25 8 3311.0001 1 Ductile Iron Fittings w/Restraints 3311 11 TON 3 $4,000.001 $12,000.00 TOTAL UNIT I:WATER IMPROVEMENTS $224,660.25 UNIT II:SANITARY SEWER IMPROVEMENTS 1 3331.4115 8"PVC Sewer 3331 20 LF 2863 $27.00 $77,301.00 2 9999.0001 8"Sewer w/CSS 00 00 00 LF 190 $65.00 $12,350.00 3 3331.3101 4"Sewer Service 3331 50 EA 79 $720.00 $56,880.00 4 3339.1001 4'Dia.Manhole 33 39 20 EA 9 $2,500.00 $22,500.00 5 3301.0101 Manhole Vacuum Testing 3301 30 EA 9 $300.00 $2,700.00 6 3339.0001 Epoxy Manhole Liner 33 39 30 EA 9 $400.00 $3,600.00 7 3305.0109 Trench Safety 330510 LF 3053 $1.00 $3,053.00 8 3301.0002 Post-CCN Inspection 33 01 31 LF 3053 $1.00 $3,053.00 9 3339.1003 4'Extra Depth Manhole 33 39 10,33 VF 30 $300.00 $9,000.00 10 9999.0002 Conn.To Existing 8"Sewer 00 00 00 EA 2 $1,300.00 $2,600.00 11 9999.0003 Conn.To Existing Manhole 00 00 00 1 EA 1 $1,700.00, $1,700.00 TOTAL UNIT II:SANITARY SEWER IMPROVEMENTS $194,737.00 CITY OF FORT WORTH STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS Form Version September I,2015 00 42 43_Bid Proposal_Ulilities.xlsx 00 42 43 DAP-BID PROPOSAL Page 2 of 2 SECTION 00 42 43 Developer Awarded Projects-PROPOSAL FORM UNIT PRICE BID Bidder's Application Project Item Information Bidder's Proposal Bid Item Bidlist Item Specification Unit of Bid No. No. Description Section No. Measure Quantity Unit Price Bid Value UNIT III: DRAINAGE IMPROVEMENTS 1 3341.0201 21"RCP,Class III 3341 10 LF 519 $48.00 $24,912.00 2 3341.0205 24"RCP,Class III 3341 10 LF 1127 $58.00 $65,366.00 3 3341.0302 30"RCP,Class III 3341 10 LF 115 $73.00 $8,395.00 4 3341.0305 33"RCP,Class III 3341 10 LF 500 $85.00 $42,500.00 5 3341.0309 36"RCP,Class III 3341 10 LF 329 $104.00 $34,216.00 6 3341.0402 42"RCP,Class III 3341 10 LF 494 $137.00 $67,678.00 7 9999.0004 6x4 Box Culvert 3341 10 LF 104 $335.00 $34,840.00 8 3349.5001 10'Curb Inlet 33 49 20 EA 9 $4,700.00 $42,300.00 9 9999.0005 10'Curb Inlet with 32"Lid Opening&Steps 00 00 00 EA 2 $6,200.00 $12,400.00 10 9999.0006 15'Curb Inlet with 32"Lid Opening&Steps 00 00 00 EA 1 $10,500.00 $10,500.00 11 9999.0007 3'x3'Drop Inlet 33 49 20 EA 1 $6,000.00 $6,000.00 12 3349.7001 4'Drop Inlet 33 49 20 EA 1 $7,500.00 $7,500.00 13 3349.0001 4'Storm Junction Box 33 49 10 EA 4 $4,800.00 $19,200.00 14 3137.0103 Large Stone Rip Rap,grouted 31 3700 SY 421 $55.00 $23,155.00 15 3349.1000 Multiple Box Culvert Headwall 33 49 40 EA 2 $22,000.00 $44,000.00 16 9999.0008 24"Sloped Headwall 33 49 40 EA 2 $4,500.00 $9,000.00 17 9999.0009 42"Sloped Headwall 33 49 40 EA 1 $7,900.00 $7,900.00 18 9999.0010 24"TxDOT STD Concrete Wingwalls 33 49 40 EA 1 $4,600.00 $4,600.00 19 3305.0109 Trench Safety 33 05 10 LF 3188 $1.00 $3,188.00 20 9999.0011 Connect to Existing 30"RCP 00 00 00 EA 1 $1,500.00 $1,500.00 21 9999.0012 Connect to Existing 18"RCP 00 00 00 EA 1 $1,400.00 $1,400.00 22 9999.0013 Salvage Rock Rip Rap 00 00 00 SY 68 $20.00 $1,360.00 23 9999.0014 Pedestrian Rail 00 00 00 LF 220 $162.00 $35,640.00 TOTAL UNIT III:DRAINAGE IMPROVEMENTS1 $507,550.00 Bid Summary UNIT 1:WATER IMPROVEMENTS $224,660.25 UNIT II:SANITARY SEWER IMPROVEMENTS $194,737.00 UNIT III:DRAINAGE IMPROVEMENTS $507,550.00 Total Construction Bid $926,947.25 Contractor agrees to complete WORK for FINAL ACCEPTANCE( )calendar days after the date when the CONTRACT commences to run as provided in the General Conditions. END OF SECTION CITY OF FORT WORTH STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS Forth Version September 1,2015 00 42 43-Bid Pmposal_Utilities.nlsx PART B -PROPOSAL (Cont.) After acceptance of this Proposal, the undersigned will execute the formal contract and will deliver an approved Surety Bond and such other bonds as required by the Contract Documents, for the faithful performance of the Contract. The attached bid security, if required, is to become the property of the Developer. The successful bidder shall be required to perform the work in accord with these contract documents and the technical specifications available in the City of Fort Worth's Buzzsaw site and incorporated herein and made a part hereof for all purposes. The undersigned assures that its employees and applicants for employment and those of any labor organization, subcontractors, or employment agency in either furnishing or referring employee applicants to the undersigned are not discriminated against as prohibited by the terms of City Ordinance No. 7278 as amended by City Ordinance No. 7400. Page 2 of 3 The Bidder agrees to begin construction within 'qj 0) calendar days after issue of the work order, and to complete the contract within calendar days after beginning construction as set forth in the written work order to be furnished by the Owner. I(we) acknowledge receipt of the following addenda to the plans and specifications, all of the provisions and requirements of which have been taken into consideration on preparation of the foregoing bid: Addendum No. 1 (Initials) Addendum No. 3 (Initials) Addendum No. 2 (Initials) Addendum No.4(Initials) Respectfully submitted, Moss Utilities,LLC Name of Contractor �j By: (Signature} Lc-'rokt I( S S (Printed Name) Title: PC'C6' - Company Name: Moss Utilities,LLC Address: 3300 Rock Island Road Irving,TX 75060 Email: garrettAmossutilities.com Telephone: 214-265-6569 Page 3 of3 SECTION 00 41 00—PROPOSAL DEVELOPER AWARDED CONTRACTS This proposal must not be removed from this book of Contract Documents. TO: Saginaw 106,Ltd. PROPOSAL FOR: PAVING IMPROVEMENTS PROJECT NAME: LASATER RANCH PHASE 3 FILE NO.X-24953 &W-2542 CITY PROJECT NO. 101341 WATER PROJECT NO. 56008-0600430-101341-001580 SEWER PROJECT NO.56008-0700430-101341-001380 Includes the furnishing of all materials, equipment and labor for the installation of median openings, left turn lane, water& sanitary sewer improvements and all necessary appurtenances and incidental work to provide a complete and serviceable project designated as: PAVING IMPROVEMENTS TO SERVE LASATER RANCH PHASE 3 Pursuant to the foregoing 'Notice to Bidders', the undersigned Bidder, having thoroughly examined the Contract Documents, including plans, special contract documents, the Technical Specifications listed in this contract, the site of the project and understanding the amount of work to be done, and the prevailing conditions,hereby proposes to do all the work, furnish all labor, equipment and material except as specified to be furnished by the City, which is necessary to fully complete the work as provided in the Plans and Contract Documents and subject to the inspection and approval of the Director of the Department of Transportation&Public Works of the City of Fort Worth, Texas; and binds himself upon acceptance of this Proposal to execute a contract and furnish an approved Performance Bond, Payment Bond, Maintenance Bond, and such other bonds, if any, as may be required by the Contract Documents for the performing and completing of the said work. Contractor proposes to do the work within the time stated and for the following sums: Furnish and install, including all appurtenant work, complete in place, the following items: Page 1 of 3 )AP-BID PROPOSAL. SECTION 00 42 43 Developer Awarded Projects-PROPOSAL FORM UNIT PRICE BID Bidder's Application Project Item Information Bidder's Proposal Bid Item Bidlist Item Specification Unit of Bid No. No. Description Section No. Measure Quantity Unit Price Bid Value UNIT IV:PAVING IMPROVEMENTS 1 3213.0101 6"Conc Pvmt 32 13 13 SY 12182 $37.80 $460,479.60 2 3213.0103 8"Conc Pvmt 32 13 13 SY 280 $45.74 $12,807.20 3 3211.0501 6"Lime Treatment 3211 29 SY 13247 $2.70 $35,766.90 4 3211.0400 Hydrated Lime 3211 29 TON 251 $148.62 $37,303.62 5 3213.0501 Barrier Free Ramp,Type R-1 32 13 20 EA 6 $1,497.99 $8,987.94 6 3213.0506 Barrier Free Ramp,Type P-1 32 13 20 EA 2 $1,390.17 $2,780.34 7 3213.504 Barrier Free Ramp,Type M-2 32 13 20 EA 2 $1,497.99 $2,995.98 8 3213.0301 4"Conc Sidewalk 32 13 20 SF 3583 $5.22 $18,703.26 9 9999.0015 Remove Street Barricade&Connect to Ex 00 00 00 EA 3 $326.45 $979.35 10 9999.0016 Furnish and Install Street Signs and Post 34 41 30 EA 12 $331.50 $3,978.00 11 9999.0017 Furnish and Install Street Name Blade 13441 30 EA 10 $26.24 $262.40 12 9999.0018 16'Wide Driveway with Gate 1000000 1 EA 2 $1,250.00 $2,500.00 TOTAL UNIT IV:PAVING IMPROVEMENTS1 $587,544.59 Bid Summary UNIT IV:PAVING IMPROVEMENTS $587,544.59 Total Construction Bid $587,544.59 Contractor agrees to complete WORK for FINAL( )calendar days after the date when the CONTRACT commences to run as provided in the General Conditions. END OF SECTION CITY OF FORT WORTH STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS Form Version September 1,2015 00 42 43—Bid Pmposal_Paving.xlsx PART B -PROPOSAL (Cont.) After acceptance of this Proposal, the undersigned will execute the formal contract and will deliver an approved Surety Bond and such other bonds as required by the Contract Documents, for the faithful performance of the Contract. The attached bid security, if required, is to become the property of the Developer. The successful bidder shall be required to perform the work in accord with these contract documents and the technical specifications available in the City of Fort Worth's Buzzsaw site and incorporated herein and made a part hereof for all purposes. The undersigned assures that its employees and applicants for employment and those of any labor organization, subcontractors, or employment agency in either furnishing or referring employee applicants to the undersigned are not discriminated against as prohibited by the terms of City Ordinance No. 7278 as amended by City Ordinance No. 7400. Page 2 of 3 The Bidder agrees to begin construction within 'Ln -,/�_calendar days after issue of the work order,and to complete the contract within Wta V ( '75 )calendar days after beginning construction as set forth in the written work brder to be furnished by the Owner. I (we)acknowledge receipt of the following addenda to the plans and specifications,all of the provisions and requirements of which have been taken into consideration on preparation of the foregoing bid: Addendum No. 1 (Initials) (t4JA Addendum No. 3 (Initials) Addendum No.2(Initials) Addendum No. 4(Initials) Respectfully submitted, L.H.Lacy Company.Ltd. Name of Contractor c 1 By: (, ignature n,� ro�Aub l./"`u RR(uSlc t (Printed Name) Title: 14S J P F- r Company Name: L.H.Lacy Comw.Ltd. Address: 1$$0 Crown Road Dallas,TX 75234/( ( Email: `5�,LIU.-e (hLi.C00% Telephone: 214-357-0146 Page 3 of 3 SECTION 00 4100—PROPOSAL DEVELOPER AWARDED CONTRACTS This proposal must not be removed from this book of Contract Documents. TO: Saginaw 106,Ltd. PROPOSAL FOR: LIGHTING IMPROVEMENTS PROJECT NAME: LASATER RANCH PHASE 3 FILE NO.X-24953&W-2542 CITY PROJECT NO. 101341 WATER PROJECT NO.56008-0600430-101341-001580 SEWER PROJECT NO. 56008-0700430-101341-001380 Includes the furnishing of all materials, equipment and labor for the installation of median openings, left turn lane,water& sanitary sewer improvements and all necessary appurtenances and incidental work to provide a complete and serviceable project designated as: LIGHTING IMPROVEMENTS TO SERVE LASATER RANCH PHASE 3 Pursuant to the foregoing'Notice to Bidders', the undersigned Bidder,having thoroughly examined the Contract Documents, including plans, special contract documents,the Technical Specifications listed in this contract, the site of the project and understanding the amount of work to be done, and the prevailing conditions,hereby proposes to do all the work, furnish all labor, equipment and material except as specified to be furnished by the City, which is necessary to fully complete the work as provided in the Plans and Contract Documents and subject to the inspection and approval of the Director of the Department of Transportation&Public Works of the City of Fort Worth, Texas; and binds himself upon acceptance of this Proposal to execute a contract and furnish an approved Performance Bond,Payment Bond, Maintenance Bond, and such other bonds, if any, as may be required by the Contract Documents for the performing and completing of the said work. Contractor proposes to do the work within the time stated and for the following sums: Furnish and install, including all appurtenant work, complete in place, the following items: Pagel of 3 00 42 43 DAP-BID PROPOSAL Page I of I SECTION 00 42 43 Developer Awarded Projects-PROPOSAL FORM UNIT PRICE BID Bidder's Application Project Item Infomlation Bidders Proposal Bid Item Bidlist Item Specification Unit of Bid Description Unit Price Bid Value No. No. Section No. Measure Quantity UNIT V:STREET LIGHTING IMPROVEMENTS 1 3441.3002 Rdwy Ilium Assembly TY 8,11,D-25,D-30 34 41 20 EA 17 $1,471.00 $25,007.00 2 3441.3301 Rdwy Ilium Foundation TY 1,2,and 4 344120 EA 17 $1,025.00 $17,425.00 3 3441.3305 Furnish/Install LED Lighting Fixture(70 watt 3441 20 EA 17 $286.00 $4,862.00 4 3441.1646 Furnish/Install Type 338 Arm 3441 20 EA 17 $198.00 $3,366.00 5 3441.1501 Ground Box Type B 34 41 10 EA 1 $571.00 $571.00 6 1 3441.1411 INO 12 Insulated Elec Condr 13441 10 LF 3495 $1.821 $6,360.90 7 1 2605.3011 2"CONDT PVC SCH 40(T) 13441 10 1 LF 11651 $8.691 $10,123.85 TOTAL UNIT V:STREET LIGHTING IMPROVEMENTS $67,715.75 Bid Summary UNIT V:STREET LIGHTING IMPROVEMENTS $67,715.75 Total Construction Bid $67,715.75 Contractor agrees to complete WORT{for FINAL( )calendar days after the date when the CONTRACT commences to run as provided in the General Conditions. END OF SECTION CITY OF FORT WORTH STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS Form Version September 1,2015 00 42 43 Bid Proposal_Lighting.xlsx PART B -PROPOSAL(Cont.) After acceptance of this Proposal,the undersigned will execute the formal contract and will deliver an approved Surety Bond and such other bonds as required by the Contract Documents, for the faithful performance of the Contract. The attached bid security, if required, is to become the property of the Developer. The successful bidder shall be required to perform the work in accord with these contract documents and the technical specifications available in the City of Fort Worth's Buzzsaw site and incorporated herein and made a part hereof for all purposes. The undersigned assures that its employees and applicants for employment and those of any labor organization, subcontractors, or employment agency in either furnishing or referring employee applicants to the undersigned are not discriminated against as prohibited by the terms of City Ordinance No. 7278 as amended by City Ordinance No. 7400. Page 2 of 3 i The Bidder agrees to begin construction within tkf l (-' calendar days after issue of the work order,and to complete the contract within l i ( )j calendar days after beginning construction as set forth in the written work ord r to be furnished by the Owner. I(we)acknowledge receipt of the following addenda to the plans and specifications, all of the provisions and requirements of which have been taken into consideration on preparation of the foregoing bid: Addendum No. 1 (Initials) Addendum No. 3 (Initials) Addendum No.2 (Initials) Addendum No.4(Initials) Respectfully submitted, Independent Utility Construction,Inc. Name of Contractor r By: -� (Signa re) (Printed Name) II Title: Company Name: Independent Utility Construction,Inc. Address: 5109 Sun Valley Drive Fort Worth,TX 76119 Email: estimating@,iuctx.com Telephone: 817-478-4444 Page 3 of 3 COMPLETION AGREEMENT—LENDER FUNDED This Completion Agreement("Agreement)is made and entered into by and among the City of Fort Worth ("City"), and , a Texas Limited Partnership {"Developer"), and Affiliated Bank FSB (`Lt.nder").effective as of the date subscribed by the City's City Manager or Assistant City Manager. The City,the Developer and the Lender are hereinafter collectively called the"Parties". WITNESSETH: WHEREAS, the Developer owns that certain tract of real property that contains approximately 34.152 acres that is located in the City, the legal description of which tract of real property is marked Exhibit "A"—Legal Description, attached hereto and incorporated herein for all purposes ("Property"); and WHEREAS, the Developer intends to develop the Property as an addition to the City through plat FP 017-054 or FS< Tt3tnber>; and WHEREAS, the Developer and the City have entered into a Community Facilities Agreement relating to the development of Lasater Ranch Phase 3 ("CFA"); and WHEREAS, the City has required certain assurances of the availability of funds to complete the water and sewer utilities, streets/paving, storm drain, street lights and street signs for the development of the Property("Improvements"),and WHEREAS, in order to provide such assurances as have been required by the City, the Lender has agreed to advance certain funds to the City for Hard Costs (which term is hereinafter defined)subject to,and in accordance with,the terms,provisions and conditions of this Agreement; and WHEREAS, the Developer has granted to the Lender as additional security for the Loan (which term is hereinafter defined) a security interest in all plans and specifications for the development of the Property (collectively,the "Plans"); and WHEREAS, the Parties desire to set forth the terms and conditions of such accommodations as are described above. NOW THEREFORE,for and in consideration of the benefits to be derived from the mutual observance by the Parties of the terms and conditions hereof, and for and in consideration of Ten City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 JLE CFA Official Release Date:07.01.2015 Page 1 of 17 Dollars ($10.00) and other good and valuable consideration,the receipt, adequacy and sufficiency of which are hereby acknowledged,the Parties agree as follows: 1. Recitals. The foregoing recitals are true, correct and complete and constitute the basis for this Agreement and they are incorporated into this Agreement for all purposes. 2. The Completion Amount. The City and the Developer agree that the Hard Costs required to complete the Improvements in the aggregate should not exceed the sum of One Million Five Hundred Uig,hty Two Thousand Two Hundred Seven Dollars and:Fifty.-din; Cents Dollars ($1.582,207.51)_ hereinafter called the "Completion Amount". Notwithstanding the foregoing, it is acknowledged that the actual costs of completion of the Improvements may vary as a result of change orders agreed to by the Parties,but such variances for the purposes of this Agreement shall not affect the Completion Amount as used herein. 3. Adjustments to the Completion Amount. The Lender may from time to time make advances to the Developer for the development of the Property under the development loan that has been made by the Lender to the Developer for the purpose of financing the costs of constructing the Improvements for the Property (the "Loan") subject to, and in accordance with, the terms, conditions and provisions of the Loan Documents (which term is hereinafter defined) evidencing and securing the Loan. Some of those advances shall be for Hard Costs as specified in the "Approved Budget" relating to the Loan, a copy of which Approved Budget is marked Exhibit "B", attached hereto and incorporated herein for all purposes, with the Hard Costs line items highlighted. The term"Hard Costs" shall mean the actual costs of construction and installation of the Improvements. To the extent that advances under the Loan are for the payment of Hard Costs, the Completion Amount shall be deemed reduced, dollar for dollar. The Lender may withhold statutory retainage from any advances under the Loan or pursuant to this Agreement. All such retainage withheld,to the extent it is attributable to Hard Costs, shall also reduce the Completion Amount dollar for dollar. All retainage withheld by the Lender for Hard Costs that are advanced to the City pursuant to this Agreement shall be released to the City as provided in the Texas Property Code upon expiration of the statutory retainage period. 4. Completion by the Developer. The Developer agrees to complete the Improvements on or before the date for completion that is established in the Loan Documents plus City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 ME CFA Official Release Date:07.01.2015 Page 2 of 17 thirty (30) days (the "Completion Date"), in accordance with the CFA, the Plans approved by the Lender and the City and all documents evidencing or securing the Loan (collectively, the "Loan Documents"). For the purposes of this Agreement, the development of the Property shall be deemed complete upon acceptance by the City of the Improvements. The City shall promptly notify the Lender and the Developer upon such acceptance. 5. Completion by the City. In the event that either: (A) the development of the Property is not completed by the Completion Date for any reason whatsoever,or(B)the Developer is in default under the Loan,then the Lender, at its sole option, may request the City to complete development.The City may, at its sole option and at the cost and expense of the Developer,within 10 days from receipt of Lender's request, notify Lender that it will undertake to complete the Improvements and the City shall then commence, pursue, and complete the Improvements in a reasonably timely, diligent and workmanlike manner in accordance with the Plans, subject to the terms of this Agreement. The Lender and the Developer agree that the City may use the Plans as necessary to complete the Improvements. If the City does not timely elect to complete the construction of the Improvements or if the Lender does not request the City to complete construction of the Improvements, then the Lender may at its election terminate this Agreement, or at its option, proceed to complete the Improvements, or foreclose on any of its collateral, or take any and all such action as may be provided under the Loan Documents. 6. Advance of Completion Costs to the City and Delivery of Hard Costs Collateral to the Ci In the event the Lender has requested the City and the City has elected to complete the Improvements,Lender shall transfer to the City all remaining undisbursed Hard Costs specified in the Approved Budget within 10 days of the date that the City elected to complete and provided Lender with written notice of such election. The Developer hereby authorizes and instructs the Lender to make the transfer of any remaining undisbursed Hard Costs specified in the Approved Budget to the City within 10 days of notification that the City elects to complete the Improvements. In the event the cost to complete the Improvements exceeds the moneys transferred to the City, City shall notify Lender and Developer in writing of the need of additional funds. The City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 ME CFA Official Release Date:07.01.2015 Page 3 of 17 additional funds required to complete the Improvements shall be delivered to the City within 10 business days following notification to Lender and Developer. Failure to deliver the additional funds shall relieve the City of the obligation to complete the Improvements, in which event City shall use the Hard Costs funds in its possession to pay the contractor(s)all funds due it/them. Any remaining undisbursed Hard Costs shall be returned to Lender within a reasonable time. 7. Completion by the Lender. The Lender may, at its discretion, but shall not be obligated to, undertake to complete the Improvements if there is any default under any Loan Documents in lieu of requesting the City to complete the Improvements. If the Lender elects to complete the Improvements, any Hard Costs it expends shall, dollar for dollar, reduce the Completion Amount. 8. Easements. In the event the City or the Lender undertakes the completion of the Improvements, the Developer (and to the extent necessary the Lender) grants to the City and the Lender open access to the Property and shall execute and deliver such temporary easements over and across the entirety of the Property for the purpose of access and use for the completion of the construction of the Improvements in accordance with this Agreement. To the extent requested by the City and the Lender, written temporary construction easements in form acceptable to the City and the Lender shall be executed by the Developer and filed of record. Nothing in this paragraph shall reduce any rights of the Lender or obligations of the Developer under the Loan Documents. 9. Lender's Rights. Nothing in this Agreement shall affect any portion of the Lender's collateral for the Loan or limit or impair the Lender's right to foreclose the same or deal with the collateral as it elects in accordance with the Loan Documents. 10. Satisfaction of the City Requirements. The City agrees that the assurances and covenants contained in this Agreement satisfy all requirements of the City with respect to Developer's performance bond or other financial security in connection with the development of the Property and the completion of the Improvements that are contained in the CFA or in any other agreement relating thereto, and the City hereby accepts the assurances and covenants contained herein in lieu thereof. To the extent the CFA irreconcilably conflicts with this Agreement, the provisions of this Agreement shall control. City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 JLE CFA Official Release Date:07.01.2015 Page 4 of 17 11. Termination. This Agreement shall terminate upon the earlier to occur of the following: (a) acceptance by the City of the Improvements; (b) mutual written agreement of all of the Parties; or (c)the reduction of the Completion Amount to zero. However, release of the plat shall be governed by paragraph 12 hereof and termination pursuant to (b) or (c) of this paragraph 11 shall not require the City to release the plat. 12. Final Plat. The Parties acknowledge and agree that the City shall hold the final plat of the Property until the Improvements are completed and accepted by the City and all Hard Costs contractors have been paid, less retainage. Upon acceptance by the City and receipt of evidence from the Developer showing that all Hard Costs contractors have been paid, including but not necessarily limited to lien waivers and bills paid affidavits,the City shall within a reasonable time file the final plat for the Property in the Plat Records of the county where the Property is located. The purpose of the City retaining the final plat of the Property as provided herein is to guarantee the Developer's obligations under the CFA are completed. 13. Construction Contracts. Developer agrees to include in each Construction contract that it enters into for the completion of the Improvements the following: a.A statement that the City is not holding any security to guarantee any payment for work performed on the Improvements; b. A statement that the Property is private property and that same may be subject to mechanic's and materialman's liens; c.A requirement that each contractor contracting with the Developer release the City from any claim that is related to the Property of the Improvements; and d. A requirement that each contractor contracting with the Developer include in each subcontract the statements contained in a., b., and c. above. 14. Miscellaneous. A. Non-Assignment of Agreement. This Agreement may not be assigned by any of the Parties without the prior written consent of all the other Parties. B. Notice. Any notice required or permitted to be delivered under this Agreement shall be deemed received on actual receipt by the appropriate party at the following addresses: (i) Notice to the City shall be addressed and delivered as follows: City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 JLE CFA Official Release Date:07.01.2015 Page 5 of 17 City of Fort Worth Planning and Development Department 200 Texas Street Fort Worth, Texas 76102 Attention: CFA Division Janie Morales,Development Manager Email: Janie.Morales@fortworthtexas.gov Confirmation Number: 817-392-7810 and/or Attention: CFA Division Email: cfa@fortworthtexas.gov Confirmation Number: 817-392-2025 With a copy thereof addressed and delivered as follows: Richard A. McCracken Office of the City Attorney City of Fort Worth 200 Texas Street Fort Worth,Texas 76102 Confirmation Number: 817-392-7611 (ii) Notice to the Developer shall be addressed and delivered as follows: Saginaw 106,Ltd 3045 Lackland Road Fort Worth,TX 76116 Email: dallei6@a*1400WAO�4� (iii) Notice to the Lender shall be addressed and delivered as follows: Affiliated Bank FSB 500 Harwood Road Bedford,TX 76021 Email: lherron@affxliatedb 'a A party may change its address for notice upon prior written notice to the other parties pursuant to the terms hereof. City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 ME CFA Official Release Date:07.01.2015 Page 6 of 17 C. Texas Law to Apply. This Agreement shall be construed under and in accordance with the laws of the State of Texas. D. Parties Bound. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective legal representatives, successors and assigns. E. Legal Construction. In case any one or more of the provisions contained in this Agreement shall for any reason is held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement, and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been contained in this Agreement. F. Prior Agreements Superseded. This Agreement constitutes the sole and only agreement of the Parties with respect to the subject matter hereof and supersedes any prior understandings or written or oral agreements among the Parties concerning the subject matter hereof, provided, however, that this Agreement shall not supersede, amend or modify any of the Loan Documents or any portion thereof. G. Amendment. This Agreement may only be amended by a written instrument executed by all of the Parties to his Agreement. H. Headings. The headings that are used in this Agreement are used for reference and convenience purposes only and do not constitute substantive matters to be considered in construing the terms and provisions of this Agreement. (REMAINDER OF PAGE INTENTIONALLY LEFT BLANK) City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 JLE CFA Official Release Date:07.01.2015 Page 7 of 17 ACCORDINGLY,the City of Fort Worth, Developer and Lender have each caused this instrument to be executed in quadruplicate in each entity's respective name by its duly authorized signatories effective as of the date executed by the City's City Manager or his/her designee.: CITY OF FORT WORTH: DEVELOPER: Saginaw 106, Ltd., a Texas Limited Partnership, by Windfall Investments, Inc., its General Partner Jesus J.Chap, Jesus J. Chapa Assistant City Manager ROL Don Allen(May 25,2., Name: MR AIlen Date: Jun 4,2018 Title: - o Ment Manager Approved as to Form and Legality: Date: May 25,2018 D'L�irar''v�ri iLENDER: Richard A.McCracken(Jun a,2018) Affiliated Bank FSB Richard A. McCracken Assistant City Attorney Lee f i9pron ATTEST: Lee Herron(Jun 1,2018) Name: Title: M&M n v �pRT �O Mary J.K r(Ju ,2018) O�:''• '•'�� :.� Contract Compliance Manger Mary J. Kayser ?` City Secretary U: By signing I acknowledge that I am the �. person responsible for the monitoring and M&C: administration of this contract, including Date: AXP ensuring all performance and reporting requirements. .�t Scarlett Morales(Jun 1,2018) Jt Janie S. Morales Development Manager City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded vised 09.07.2017 JLE CFA Official Release Date:07.01.2015 Page 8 of 17 OFFICIAL,RECORD CITY SECRETARY ''.UYORTH,TX MISAM the Guarantor of the Development Loan, is executing this Completion Agreement for the sole purpose of acknowledging that advances that are made by the Lender pursuant to this Completion Agreement shall be deemed to be advances that are made under the Loan that shall be subject to and covered by the Loan Documents and the Guaranty Agreement that was executed by Tirry H.I Ieet. GUARANTOR By: Tim H.Fleet(May 29,2018) Name: Title: OFFICIAL RECORD CITY SECRETARY FT. WORTH,TX City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 ME CFA Official Release Date:07.01.2015 Page 10 of 17 List of Exhibits to the Completion Agreement Attachment 1 —Changes to the Standard Completion Agreement Exhibit A-Legal Description Exhibit B - Approved Budget City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 ME CFA Official Release Date:07.01.2015 Page 11 of 17 ATTACHMENT"1" Changes to Standard Completion Agreement City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 ME CFA Official Release Date:07.01.2015 Page 12 of 17 EXHIBIT A PARCEL 1 BEING THOSE CERTAIN TRACTS OF LAND SITUATED IN THE J.WALKER SURVEY, ABSTRACT NUMBER 1602, CITY OF FORT WORTH, TARRANT COUNTY,TEXAS,A PORTION OF THAT TRACT(TRACT 1)AND ALL OF THAT TRACT(TRACT 2) OF LAND DESCRIBED BY DEED TO SAGINAW 106, LTD RECORDED IN INSTRUMENT NUMBER D214200786, COUNTY RECORDS,TARRANT COUNTY,TEXAS AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID TRACT 1, BEING IN THE SOUTH LINE OF THAT TRACT OF LAND DESCRIBED BY DEED TO TEXAS ELECTRIC SERVICE COMPANY RECORDED IN VOLUME 7306,PAGE 180 SAID COUNTY RECORDS AND BEING THE NORTHWEST CORNER OF THAT TRACT OF LAND DESCRIBED BY DEED TO RETASAL 1, L.P., RECORDED IN INSTRUMENT NUMBER D203160900 SAID COUNTY RECORDS; THENCE S 89059'48"E, 2568.31 FEET, WITH THE NORTH LINE OF TRACT 1 AND SAID SOUTH LINE TO THE NORTHEAST CORNER OF SAID TRACT 1,BEING IN THE WEST LINE OF THAT TRACT OF LAND DESCRIBED BY DEED TO PULTE HOMES OF TEXAS,L.P. RECORDED IN INSTRUMENT NUMBER D210282641, SAID COUNTY RECORDS; THENCE S 000 17'00"E, 251.73 FEET, WITH THE EAST LINE OF SAID TRACT 1 AND THE WEST LINE OF SAID PULTE HOMES OF TEXAS TRACT THE NORTHEAST CORNER OF LOT 17X, BLOCK 12, LASATER RANCH,AN ADDITION TO THE CITY OF FORT WORTH RECORDED IN INSTRUMENT NUMBER D216223436, SAID COUNTY RECORDS; City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 JLE CFA Official Release Date:07.01.2015 Page 13 of 17 THENCE WITH THE NORTH AND WEST LINES OF SAID LASATER RANCH THE FOLLOWING COURSES AND DISTANCES: S 89°43'00"W, 734.18 FEET; S 32°06'33"W, 76.50 FEET; S 32°07'00"W, 50.01 FEET; S 48°38'46"W, 66.43 FEET; S 48°38'50"W, 63.54 FEET; S 52°2659"W, 62.99 FEET, S 56°15'07"W, 63.54 FEET; S 63°0625"W, 91.92 FEET; S 00°01'39"W, 150.00 FEET; N 89°58'21"W, 115.00 FEET; S 00°01'39"W, 11.77 FEET TO THE BEGINNING OF A CURVE TO THE LEFT; WITH SAID CURVE TO THE LEFT,AN ARC DISTANCE OF 29.46 FEET,THROUGH A CENTRAL ANGLE OF 67°31'39", HAVING A RADIUS OF 25.00 FEET, THE LONG CHORD WHICH BEARS S 33044'10"E, 27.79 FEET; S 67°30'00"E, 110.07 FEET,TO THE NORTHEAST TERMINUS OF MONTOSA TRAIL(A VARIABLE WIDTH RIGHT-OF-WAY); S 22030'00"W, 50.00 FEET, WITH SAID TERMINUS,THE NORTHWEST TERMINUS OF SAID MONTOSA TRAIL; S 34018'45"W, 21.63 FEET, S 00001'39"W, 85.00 FEET, N 89°58'21"W, 60.86 FEET; S 89°01'20"W, 47.17 FEET; S 00°01'39"W, 25.00 FEET; City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 JLE CFA Official Release Date:07.01.2015 Page 14 of 17 THENCE N 89058'21"W, 149.99 FEET, DEPARTING THE WEST LINE OF SAID LASATER RANCH (D216223436); THENCE OVER AND ACROSS AFOREMENTIONED SAGINAW 106 TRACT 1 THE FOLLOWING BEARINGS AND DISTANCES: N 00°01'39"E, 591.11 FEET, N 89°56'33"W, 10.81 FEET; N 00°03'27"E, 115.00 FEET; N 89°56'33"W, 1075.86 FEET, S 00°51'24"E, 8.18 FEET; THENCE S 89°08'36"W, 115.03 FEET TO THE WEST LINE OF AFOREMENTIONED RETASALI TRACT; THENCE N 00-52'17"W,292.43 FEET,WITH SAID WEST LINE TO THE POINT OF BEGINNING AND CONTAINING 945,619 SQUARE FEET OR 21.708 ACRES OF LAND MORE OR LESS PARCEL 2 BEGINNING AT THE NORTHWEST CORNER OF AFOREMENTIONED TRACT 2,BEING THE NORTHEAST CORNER OF LOT 1, BLOCK A,ADVANTAGE SELF STORAGE ADDITION,AN ADDITION TO THE CITY OF FORT WORTH RECORDED IN INSTRUMENT NUMBER D208161678, SAID COUNTY RECORDS, BEING IN THE SOUTH LINE OF THE VILLAGES OF CHISHOLM RIDGE,AN ADDITION TO THE CITY OF FORT WORTH RECORDED IN CABINET A, SLIDE 10924, SAID COUNTY RECORDS; City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 JLE CFA Official Release Date:07.01.2015 Page 15 of 17 THENCE N 89059'59"E, WITH THE NORTH LINE OF SAID TRACT 2 AND THE SOUTH LINE OF SAID THE VILLAGES OF CHISHOLM RIDGE,AT 438.90 FEET THE SOUTHEAST CORNER OF SAID THE VILLAGES OF CHISHOLM RIDGE, BEING THE SOUTHWEST CORNER OF THAT TRACT OF LAND DESCRIBED BY DEED TO SANDEROS PROPERTIES, LP RECORDED IN INSTRUMENT NUMBER D215060244, SAID COUNTY RECORDS,AT 1652.37 FEET THE SOUTHEAST CORNER OF SAID SANDEROS PROPERTIES TRACT, BEING A WESTERLY CORNER OF THAT TRACT OF LAND DESCRIBED BY DEED TO PULTE HOMES OF TEXAS, L.P. RECORDED IN INSTRUMENT NUMBER D210282641, SAID COUNTY RECORDS, IN ALL 2133.07 FEET TO THE NORTHEAST CORNER OF SAID TRACT 2 AND BEING IN THE WEST LINE OF SAID PULTE HOMES OF TEXAS TRACT; THENCE S 000 17'00"E, 223.88 FEET, WITH THE EAST LINE OF SAID TRACT 2 AND THE WEST LINE OF SAID PULTE HOMES OF TEXAS TRACT TO THE SOUTHEAST CORNER OF SAID TRACT 2 AND BEING THE NORTHEAST CORNER OF THAT TRACT OF LAND DESCRIBED BY DEED TO TEXAS ELECTRIC SERVICE COMPANY, RECORDED IN VOLUME 7306, PAGE 80, SAID COUNTY RECORDS; THENCE S 88022'50"W, 2135.18 FEET, WITH THE SOUTH LINE OF SAID TRACT 2 AND THE NORTH LINE OF SAID TEXAS ELECTRIC TRACT TO THE SOUTHWEST CORNER OF SAID TRACT 2 AND BEING THE SOUTHEAST CORNER OF AFOREMENTIONED LOT 1, BLOCK A,ADVANTAGE SELF STORAGE ADDITION; THENCE N 00°01'50"E, 284.21 FEET, WITH THE WEST LINE OF SAID TRACT 2 AND THE EAST LINE OF SAID LOT 1, BLOCK A TO THE POINT OF BEGINNING AND CONTAINING 542,062 SQUARE FEET OR 12.444 ACRES OF LAND MORE OR LESS. City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 JLE CFA Official Release Date: 07.01.2015 Page 16 of 17 EXHIBIT B APPROVED BUDGET Section I Water $224 66f1:.5 Sewer $j_9*? 3z00 Subtotal $419,397.25 Section 11 Interior Streets $5$7,544.59 Storm Drains $ 45.000 Subtotal X1;095;094:59 Section III Street Lights $57,715.75 Sub-total $67,715.75 TOTAL $1,582,207.59 City of Fort Worth,Texas Standard Completion Agreement—Lender-Funded Revised 09.07.2017 JLE CFA Official Release Date:07.01.2015 Page 17 of 17