HomeMy WebLinkAboutContract 52944-A1 06/02/20 CSC No.52944-A1
12:58 PM
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 52944
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND PATE RANCH SINGLE FAMILY LP
This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER
52944 ("First Amendment") is made and entered into by and between the City of Fort Worth,
("City"), a home-rule municipal corporation of the state of Texas, and Pate Ranch Single
Family LP ("Developer").
WHEREAS, the City and Developer entered into a Community Facilities Agreement
for the construction of public infrastructure improvements for a Project known as Tavolo Park
Phase III-A("CFA"); and
WHEREAS, Developer provided a Completion Agreement as the financial guarantee
for the Project("Completion Agreement"); and
WHEREAS,the CFA and the Completion Agreement are filed with the City Secretary
as City Secretary Contract Number 52944; and
WHEREAS, Developer desires to replace the Completion Agreement with a
development bond as the financial guarantee for remaining Improvements to be constructed
pursuant to the CFA;
NOW THEREFORE, City and Developer, acting herein by and through their duly
authorized representatives, enter into the following agreement, which amends City Secretary
Contract No. 52944
1.
The CFA is amended to add Section S. to be and read as follows:
S. Developer has delivered to the City a Development Bond in the amount of
$382,540.34, guaranteeing Developer's obligation to complete construction of the
remaining Improvements and pay all contractors and material suppliers. City and
Developer agree that the Developer may replace the Completion Agreement with
the Development Bond as the financial guarantee for the remaining Improvements.
2.
The Completion Agreement is terminated and the City will release the hold on the final
plat related to the construction of the Community Facilities.
3.
a. All other provisions of City Secretary Contract Number 52944 which are not expressly
amended herein, shall remain in full force and effect.
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 52944 L_ ,P4ge.l of 3
A COMMUNITY FACILITIES AGREEMENT BETWEEN ��. � �R ETA ,�
THE CITY OF FORT WORTH AND PATE RANCH SINGLE FAMILY LP
F7 ,
b. All terms in this First Amendment that are capitalized, but not defined, shall have the
meanings ascribed to those terms in City Secretary Contract Number 52944.
[SIGNATURES ON FOLLOWING PAGE]
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 52944 Page 2 of 3
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND PATE RANCH SINGLE FAMILY LP
IN TESTIMONY WHEREOF, the City and Developer have executed this First
Amendment to be effective on the date signed by the City's Assistant City Manager.
CITY OF FORT WORTH DEVELOPER
Pate Ranch Single Family LP
,JUL 1'1fN ll` h'Zi
Dana Burghdaff(Jun 1,202 1:37 CDT),W JULIAN HAWES(Jun 1,202013:41 CDT)
Dana Burghdoff Julian Hawes, Jr.
Assistant City Manager Authorized Signatory
Date: Jun 1, 2020 Date: Jun 1,2020
Recommended by:
9esuu.►t ezes-raac,E
Jennifer Elernack(Jun 1,202014:09 CDT)
Evelyn Roberts/Jennifer Ezernack
Project Assistant
Planning and Development
Approved as to Form &Legality
Richard A McCracken(Jun 1,20201556 CDT)
Richard A. McCracken
Sr.Assistant City Attorney Contract Compliance Manager:
M&C No. N/A By signing, I acknowledge that I am the
Date: person responsible for the monitoring and
Form 1295: N/A administration of this contract, including all
,,. performance and reporting requirements.
ATTEST: tt i
�:•�•••.. .....• � '��. Laurie Lewis
Laurie Lewis(Jun 1,202014:15 CDT)
Name: Laurie Lewis
Ma J. Kayser Title: Interim Development Manager
rY y �'r
City Secretary
®EFOCUAL RECURS
CITE'SECRETA.
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 52944 FT 'F 1,-X 4
A COMMUNITY FACILITIES AGREEMENT BETWEEN _
THE CITY OF FORT WORTH AND PATE RANCH SINGLE FAMILY LP ��,