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HomeMy WebLinkAboutContract 42763-CA1 CITY SECRETAMI CONTRACT NO, ASSIGNMENT AND CONSENT OF ENCROACHMENT AGREEMENT City Secretary Contract No. 42763 THIS ASSIGNMENT OF ENCROACHMENT AGREEMENT("Assignment") is made and entered into as of this 16th day of July, 2018, by and between the CITY OF FORT WORTH, a Texas home-rule municipal corporation ("C ')and M&I Ventures, LLC,a Texas Limited Liability Company ("Assignee'). (Sometimes City, Assignor and Assignee are referred to individually as a"Party" and collectively as the"Parties"). WITNESSETH: WHEREAS, the City entered into an Encroachment Agreement, City Secretary Contract No. 42763 (the"Encroachment Agreement")with , NTP Point, LLC, ("Assignor"), the owner of certain real property more particularly described in the attached Legal Description (the "Prope ") located adjacent to or near the City's right-of-way on which the encroachments are located. The encroachments are more particularly described in the Encroachment Agreement and are sometimes called therein and herein the"Improvements"; WHEREAS, the Encroachment Agreement, filed on January 20, 2012 and recorded as Instrument No. D212014807 in the Real Property Records of Tarrant County, Texas, is attached hereto as Exhibit"A" and incorporated herein by reference as if set forth in full; WHEREAS, the description of the Improvements in the body of the Encroachment Agreement inadvertently did not include certain of the encroachments as shown on the survey plat of the Property; WHEREAS, the Encroachment Agreement remains in effect; WHEREAS, Assignee wishes to assume the obligations of the Encroachment Agreement and the City agrees to the assignment; NOW, THEREFORE, the City and Assignee agree as follows: AGREEMENT: NOW, THEREFORE, for and in consideration of the above and foregoing premises and the mutual covenants, terms and conditions herein contained, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows: 1. All rights, interests, duties and obligations under the Encroachment Agreement are hereby assigned and conveyed to Assignee. OFFICIAL R IiCURD CITY a1IGMAIY CSC No.42763 Assignment Imo,WOITIJI TX Page 1 of 5 2. Assignee hereby accepts the Assignment granted herein, and assumes all of Assignor's original rights, duties and obligations arising under the Encroachment Agreement. 3. Assignee has the full right, power and authority to enter into this Assignment, to make the representations set forth herein, and to carry out Assignee's obligations hereunder. 4. The effective date of this Assignment shall be the date of its execution by the City (the "Effective Date"). All rights, duties and obligations arising, accruing or relating to the period thereafter shall be allocated to Assignee. 5. Except as otherwise expressly set forth in this Assignment, Assignor will be discharged from any and all further obligations under the Encroachment Agreement as of the Effective Date. 6. City hereby consents to this Assignment upon the terms and conditions set forth herein. Unless and until City has executed this Assignment, it is of no effect. The consent granted herein should not be construed as consent to any further assignment. The failure or delay of City in seeking to enforce any provision of the Encroachment Agreement or this Assignment shall not be deemed a waiver of rights or remedies that City may have or a waiver of any subsequent breach of the terms and provisions therein or herein contained. 7. Any notice given by any Party to another Party must be in writing and shall be effective upon receipt when (i)sent by U.S. mail with property postage,certified mail return receipt requested or by a nationally recognized overnight delivery service, and (ii)addressed to the other Party at the address set out below or at such other address as the receiving Party designates by proper notice to the sending Parry. GIN Planning and Development Department 200 Texas Street—CFA Office Fort Worth TX 76102 Attention: Director Assignee M&I Ventures,LLC 2013 Magic Mantle Dr Lewisville,TX 75056 Attention:Irfan Dossani&Mohammed Valiani irfdossani(@hotmail.com; mohammedvaliani(a)-aol.com 8. Except as herein otherwise provided, this Assignment will be binding upon and inure to the benefit of the Parties and their respective successors and assigns. 9. Assignee shall cause this Assignment to be filed of record at Assignee's expense in the Real Property Records for Tarrant County, Texas. CSC No.42763 Assignment Page 2 of 5 10. All terms and conditions of the Encroachment Agreement not amended herein remain unaffected and in full force and effect, are binding on the Parties and are hereby ratified by the Parties. Capitalized terms not defined herein shall have meanings assigned to them in the Encroachment Agreement. 11. This Assignment may be executed in multiple counterparts, each of which shall be deemed an original, and all of which, when taken together, shall constitute one and the same document which may be evidenced by one counterpart. [SIGNATURES APPEAR ON FOLLOWING PAGES] ASSIGNEE: M&I VENTURES, LLC r By:_ ��y -- - Narne: Ma Titley. ✓l /�I t'�`��iy STATE OF TEXAS § COUNTY OF DA LcAS § 1'YlGtv�a9 any This instrument was acknowledged before me by 1 am as the rne, e(of M&I Ventures, LLC a , on behalf of said corporation. Notary Public, State of Texas =NA My Notary ID#7394334 ' IAEX@ nary 14,2021 CSC No.42763 Assignment Page 3 of 5 APPROVED AS TO FORM AND CITY OF FORT WORTH LEGALITY: Assistant City Attorney Randle Harwood, Director Planning and Development Department ATTEST: F® Date: U (0 70 y (-04 Secreta [No M&C Required] STATE OF TEXAS § COUNTY OF TARRANT § This instrument was acknowledged before me on Q_, 20]3� by Randle Harwood, as the Director of the Planning and Developme t Department of the City of Fort Worth, a Texas municipal corporation on be o he City of Fort Wo rt2 L� I�La� Nota Public, to of Texas [NOTARIAL SEAL] ...... � JENNIFER LOUISE EZERNAC OFFICIAL RECORD sNotary Public, State 0 Texas Comm. Expires 03.01-2020 CITY>r1111CRETARY q4� P Notary ID 130561630 WOR",TX CSC No.42763 Assignment Page 4 of 5 Contract Compliance Manager By signing I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and report requirements. rn Janie Scarlett Morales Development Manager LEGAL DESCRIPTION OF THE PROPERTY Lot 2, Block 1, of NTP Point Addition, an Addition to the City of Fort Worth, Tarrant County, Texas, according to the plat thereof recorded Cabinet A, Slide 12699, Plat Records of Tarrant County,Texas. CSC No.42763 Assignment Page 5 of 5 .•` Page 1 of 11 '"` CONSECRETARY CONTRA NO. EASEMENT ENCROACHMENT LICENSE AGREEMENT THIS AGREEMENT is made and entered into by and between THE CITY OF FORT WORTH, a home rule municipal corporation of Tarrant County, Texas ("City"), acting by and through its duty authorized City Manager or duly designated Assistant City Manager, and (NTP Point, LLC), hereinafter referred to as "Licensee", owner of the property located at (street address 3409 North Tarrant Parkway, Fort Worth, TX 76244) ("Property"). RECITALS i WHEREAS, Licensee is the owner of certain real property described as( LOT 2, Block A, NTP Point Addition), an addition to the City of Fort Worth, Tarrant County, Texas as recorded in Cabinet A, Slide 12699-12700, of the Deed records of Tarrant County("Property"); and WHEREAS, the City has a(5' Wide) (Utility Easement) (the"Easement") in the property as shown on the map attached to this Agreement as Exhibit "A" and incorporated herein; and i WHEREAS, Licensee desires to construct/place a Monument Sign ( the "Encroachment") which will encroach onto the City's Easement as shown on the attached survey and only to the extent shown thereon; and WHEREAS,to accommodate the needs of the Licensee,the City will approve allowing the Encroachment under the terms and conditions as set forth in this Agreement. NOW,THEREFORE, the City and Licensee agree as follows: AGREEMENT 1. The City, in consideration of the payment by the Licensee of the fee set out below and covenants and agreements hereinafter contained, to be kept and performed by the Licensee, hereby grants permission to the Licensee to encroach upon and occupy a portion of the City's Easement as described in and at the location shown Exhibit A. Licensee shall not expand or otherwise cause the Encroachment to further infringe in or on the City's Easement beyond what is specifically described in the exhibit(s) attached hereto. -ACS/TRC• TARRANT Doc: 000014807 Date: 01/20/2012 Vol: 0000000 Page: 00000 Page: 1 Of 11 Page 2 of 11 I 2. All construction, maintenance and operation in connection with such Encroachment, use and occupancy shall comply and be performed in strict compliance with the Charter, Ordinance and Codes of the City and in accordance with the directions of the Director of the Water Department of City, or his duly authorized representative. Prior to the construction of the Encroachment, Licensee shall submit all plans and specifications to the Director or his duly authorized representative. Licensee shall not commence construction of the Encroachment until such approval shall be indicated in writing by the Director. However, such approval shall not relieve Licensee of responsibility and liability for concept, design and computation in the preparation of such plans and specifications. I 3. Licensee agrees that City may enter and utilize the referenced areas at any time for the purpose of installing, repairing, replacing or maintaining improvements to its public facilities or utilities necessary for the health, safety and welfare of the public for any other public purpose. City shall bear no responsibility or liability for any damage or disruption or other adverse consequences resulting from of Encroachment installed by Licensee, but City will make reasonable efforts to minimize such damage. Should it become necessary to remove the Encroachment to install, repair, replace or maintain improvements to City public facilities or utilities in the Easement, the Licensee shall remove the Encroachment at the Licensee's expense. The City shall furnish the Licensee with notice if removal of the Encroachment is deemed necessary by the Water Department. Licensee agrees that upon request of City, and within 30 days from the date of such request, to relocate the Encroachment away from the Easement and to restore the Easement to its original condition all at the sole cost and expense of Licensee. 2 •ACS/TRC+ TARRANT Doc: 000014807 Date: 01/20/2012 Vol: 0000000 Page: 00000 Page: 2 Of 11 'uwk Page 3 of 11 '"'` 4. The Licensee further agrees that City shall have the absolute right at its discretion to terminate this license or refuse to allow the Licensee to continue to have the Encroachment over, under or across the Easement if the City determines that the Easement is being substantially damaged by the Encroachment, or that the Encroachment otherwise places an undue burden on the operation of the municipal utility(les) system or in the event the Licensee fails to comply with the provisions of this Agreement. City shall furnish Licensee with notice requiring the removal in a time period as is reasonable under the circumstances. After receipt of such notice, the Licensee shall thereafter immediately remove the Encroachment and restore the Easement to the same condition as existed prior to the installation of the Encroachment. In the event the Licensee fails to promptly remove the Encroachment and restore the Easement within the time required by the notice, the City may remove the Encroachment and restore the Easement and assess a lien on the Property for the costs expended by the City to remove the Encroachment. 5. Licensee agrees to pay to City at the time this Agreement is executed a fee in the sum of Two Hundred Seventy Five Dollars ($275.00) to pay necessary fees to record this Agreement in its entirety in the deed records of Tarrant County. 6. LICENSEE COVENANTS AND AGREES TO INDEMNIFY, AND DOES HEREBY INDEMNIFY, HOLD HARMLESS AND DEFEND CITY, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES AND ELECTED OFFICIALS FROM AND AGAINST ANY AND ALL CLAIMS OR SUITS FOR PROPERTY DAMAGE OR LOSS AND/OR PERSONAL INJURY, INCLUDING DEATH, TO ANY AND ALL PERSONS, OF WHATSOEVER KIND OR CHARACTER, ARISING OUT OF OR IN CONNECTION WITH, THE CONSTRUCTION, MAINTENANCE, OCCUPANCY, USE, EXISTENCE OR LOCATION OF SAID ENCROACHMENTS AND USES GRANTED HEREUNDER, WHETHER OR NOT CAUSED, IN WHOLE OR IN PART, BY THE NEGLIGENCE OF OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, LICENSEES, ELECTED OFFICIALS OR INVITEES OF THE CITY; AND LICENSEE HEREBY ASSUMES ALL LIABILITY AND RESPONSIBILITY FOR SUCH CLAIMS OR SUITS. LICENSEE SHALL 3 *ACS/TRC* TARRANT Doc: 000014807 Date: 01/20/2012 Vol: 0000000 Page: 00000 Page: 3 of 11 Auk Page 4 of 11 '"` LIKEWISE ASSUME ALL LIABILITY AND RESPONSIBILITY AND SHALL INDEMNIFY CITY FOR ANY AND ALL INJURY OR DAMAGE TO CITY PROPERTY ARISING OUT OF OR IN CONNECTION WITH THE ENCROACHMENTS AND ANY AND ALL ACTS OR OMISSIONS OF LICENSEE, ITS OFFICERS, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS,SUBCONTRACTORS,LICENSEES,OR INVITEES. 7. Licensee covenants and agrees that it shall operate hereunder as an independent contractor as to all rights and privileges granted hereunder and not as an officer, agent, servant or employee of City, and Licensee shall have exclusive control of and the exclusive right to control the details of its operations, and all persons performing same, and shall be solely responsible for the acts and omissions of its officers,agents, servants, employees,contractors, subcontractors,licensees and invitees. The doctrine of respondent superior shall not apply as between City and Licensee,its officers, agents, servants, employees,contractors and subcontractors,and nothing herein shall be construed as creating a partnership or joint enterprise between City and Licensee. 8. Licensee agrees and acknowledges that this Agreement is solely for the purpose of permitting Licensee to construct, maintain and locate the Encroachment over or within the described Easement and in not a conveyance of any right, title or interest in or to the Easement. 9. In any action brought by the City for the enforcement of the obligations of the Licensee, City shall be entitled to recover interest and reasonable attorney's fees. 10. The parties agree that the duties and obligation contained paragraphs 3 and 4 shall survive the termination of this Agreement. 4 *ACS/TRC* TARRANT Doc: 000014807 Date: 01/20/2012 Vol: 0000000 Page: 00000 Page: 4 Of 11 —�` Page 5 of 11 .W 11. Licensee covenants and agrees that it will not assign all or any of its rights, privileges or duties under this contract without the written approval of City, and any attempted assignment without such written approval should be void. 12. Any cause of action for breach of this Agreement shall be brought in Tarrant County, Texas. This Agreement shall be governed by the laws of the State of Texas. 13. This agreement shall be binding upon the parties hereto,their successors and assigns. EXECUTED this 10 day of 61X11,1 Gly{ ,20 l2. City Licensee City of Fort Worth NTP Point LLC By: Bonafide, Inc., a Texas Corporation, Its general partner By: Fernando Costa, Name: Mostafa Setayesh Asst. City Manager po4ou� Title: President A00'00000,3 0,4y��' Ov�� d~O O d '•QYI d r ATTEST: A 00c oa°*jkpproved As To Form and Legality Y� 00p000000 b i' 19 a - I b s�—City Secretary Assistant City Attorney 0 -25342 Contract Authorization g Date -ACS/TRC- TARRANT Doc: 000014807 Date: 01/20/2012 Vol: 0000000 Page: 00000 Page: 5 Of 11 .+� Page 6 of 11 Oabk STATE OF TEXAS COUNTY OF TARRANT BEFORE ME,the undersigned authority, a Notary Public in and for the State of Texas,on this day personally appeared Fernando Costa known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed,as the act and deed of the City of Fort Worth, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of 9"� 20_L�L_. otary Public in and for the State of Texas o"R";k.. EVONIA DANELS MY COMMIS6IG+ YPIRcS r�� ; July 10,20"a i 6 `ACS/TRC+ TARRANT Doc: 000014807 Date: 01/20/2012 Val; 0000000 Page: 00000 Page: 6 Of 11 f..auk Page 7of11 ^ STATE OF TEXAS COUNTY OF TARRANT BEFORE ME, the undersigned authority,a Notary Public in and for the State of Texas, on this day personally appeared rn known to me to be the person whose name is subscribed to the foregoin instrument,and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed, as the act and deed of the Grantee, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this �1 day of ,20 _, EJB KATW BM � WIms or 2%2ot5 Notary Public and for the State of Texas *ACS/TRC' TARRANT Doc: 000014807 Date: 01/20/2012 Vol: 0000000 Page: 00000 Page: 7 Of 11 b ' n H b a H � ® I NC PiW.�5 N'iL V:_,•�RINEtiiSH!P • _ v0...•.PG I-e I E , o , - -- � l6f L BL(ncl, nT, d o Jo � 00 — �S ,.�.W�..�.. .� �.�+." .. ,atm..-•.>�:.b - � 3✓ 1� n� MONUMENT SIGN ELEVATION 0 _ a m m � i a SRE PLAN N.TARRANT PARKWAY NPT POINT 21ADDITION, I 4+++rc.am rano-rrl ..- __... W THE WpLAM MCCOWAN SUQVFv £ ARSTRAC T.N0.999 -•- --- --_�___� IN rNE CITY OF FORT WORTH, .� TARRANT CCAJNTY.TF%A9 Y,iT 9PJM_1C�51A's+vM DaTVw.CCYA Pt,ON � rm:snueJ wnwu:w�� J e,ruNe - —_ ✓ �� - n PRUDENT DEVErOVAENi MONUMENT SIGN .�! —— F� Nwc NorrN rAr9Rxvr ENCROACHMENT .I m — PKWY 8 OLD OENTON ROAD -- C I FORT wcuiN,rExns EXHIBfT Y H P4-:T T .... DL VAµDPMEHi � TENANT PANEL y c L16 o b � 0 c _ _ All ILLUMINATED YDIWYCNT sIGM-aTY.t n -AIUYWUY<gNSTRUCTNW -STEEL ANGLE FRAME E ALUMINUM H-MAP MATERIAL µ FLAT WHITE PLASTIC FACES Page 10 of 11 .0. • l'� LADE CERTIFICATE OF LIABILITY INSURANCE Dia311M 2201 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER.THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder In an ADDITIONAL INSURED,the pollcy(les)must be endorsed. It SUBROGATION IS WAIVED,subject to the terms and conditions of the policy,certain policies may require an endorsemenL A statanwnt on this certificate does not confer rights to the certHlcats holder in lieu of such endomement(s). RACER (972)385-3726 M • Demetrice Ward HHC-Dallas Branch Offlce E .972-354-2923_ m,):972-3854245 SOOEast Royal Lane Suite 260 AOOREss,domebice.ward@hibbshalimark.com Suits Irving,TX 75039 TURNCON-03 -- _ INSIME AFFORDING COVERAGE �-NAIL• _ INsuREO NTP Point LLC W3URERA:Em loysrs Mut Cas Co 10733 Sandhill INSURER s: Dallas,TX 73238 INSURERc: INSURER D: INSURER E INSURER F: COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED, NOTWTHSTANDING ANY REQUIREMENT.TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES,LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. _ TR TYPE OF INSURANCE -7 POLICY NUMBER F LIMITS GENERALUASKY EACH OCCURRENCE S 1,000,000 A XCOMMERCIAL GENERAL LIABILITY 2D3737611 MAUE TO RENTED $ 100,112 .MISES IEaQMIwCmsi CLAIM S4AAOE U OCCUR MED EXP(Any ons person) 3_ 5,0 PERSONAL L ADV INJURY 3 1,000, G�ENERALAG43REGATE S_..._._._ 2,00_0,0 GEN!AOGRl�LIMIT APPLIE3 PCR` �ODUCT%•COMPAOP AGG S 2,000, X POLICY M - ,LOC r .. AVTOMD"A UAahftY COIARINFn FI Nf;LF LIMIT 3 1,000,0 A X ANY AUTO I E3737611 11111/2010 1111/2011 (Ea acceNjent) 00 ALL OWNED AUTOS I BODILY INJURY(Per penin) 3 BODILY SCHEDULED AUTOS INJURY(Per acodsm) S PROPERTY DAMAGE H IREDAUTOS (Per a0OOen1) NOMOWNED AUIOS $ — ,S TXR—EfENTICN RELLA L X OCCUR I I EACH OCCURRENCF $ 5,000,00 ESS LAB CLAIMS•MADE, AGGREGATE S 5,00000 A2N3737611 11111!2010 1111/2011 UCTIBLE 3 S 10.000 3 WORKERS COMPENSATION X INC 5T MIT 1OTH- AND EMPLOYERS LIABILITY IN A ANYPROPR MIETORNARTSeR UN�UTNE Ya N/A 2113737611 1111!2010 111112011 E.L.EACH ACCIDENT s 1,000,00 (Mrldelory In NN) E L dSEASE•EA EMPLOYE S 11000,00 M SCRI�OH OFVOPERATIONG bales. E L.DISEASE-POLICY LIMIT S 1,000,00 A Iniand Marine 203737611 11/i12010 t1li/2011 Hina Equipment $150. DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES(Aaaoh ACORD 101,AdMeosal RwnMls acneaft a mon space In ra Wnd) CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL eE DELIVERED IN City of Fort Worth ACCORDANCE WITH THE POLICY PROVISIONS. Attandw:Cassandra Foreman Planning&Development Dept. 1000 Throckmorton Street AUTHORIZED REPRESENTATIVE Fort Worth,TX 79102- ®1988-2009 ACORD CORPORATION. All rights reserved ACORD 25(2009109) The ACORD name and logo are registered marks of ACORD 'ACS/TRC- TARRANT DOC: 000014807 Date: 01/20/2012 Vol: 0000000 Page: 00000 Page: 10 Of 11 Page 11 of 11 MARY LOUISE GARCIA •, ;tw•. COUNTY CLERK 'r all 100 West Weatherford Fort Worth,TX 76196-0401 ••" ••• PHONE(817)884-1195 CITY OF FORT WORTH 1000 THROCKMORTON ST FT WORTH, TX 76102 Submitter: CITY OF FORT WORTH/DEVELOPMENT& PLANNING DO NOT DESTROY WARNING - THIS IS PART OF THE OFFICIAL RECORD, Filed For Registration: 1/20!2012 12:21 PM Instrument#: D212014807 o E 11 PGS $52.00 t P By: u e 0212014807 ANY PROVISION WHICH RESTRICTS THE SALE,RENTAL OR USE OF THE DESCRIBED REAL PROPERTY BECAUSE OF COLOR OR RACE IS INVALID AND UNENFORCEABLE UNDER FEDERAL LAW. Prepared by: SLDAVES 'ACS/TRC- TARRANT Doc: 000014807 Date: 01/20/2012 Vol: 0000000 Page: 00000 Page: 11 Of 11