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HomeMy WebLinkAboutContract 52337-A4 Csco No.52337-A4 AMENDMENT NO.4 TO CITY SECRETARY CONTRACT NO.52337 WHEREAS, the City of Fort Worth ("City") and AIL Investment, L.P., a Texas limited partnership ("AIL"),Hillwood Alliance Residential, L.P., a Texas limited partnership("HAR"), and Hillwood Multifamily Land, LP, a Texas limited partnership("HML") (AIL, HAR and HML being collectively referred to herein as "Owner") made and entered into a Transportation Impact Fee Credit Agreement, City Secretary Contract No. 52337(the"Agreement"); and WHEREAS, Amendment No. 1 (City Secretary Contract No. 52337-A1) to reallocate certain credits was executed on October 14,2019; and WHEREAS, Amendment No. 2 (City Secretary Contract No. 52337-A2) to reallocate certain credits was executed on May 6, 2020; and WHEREAS, Amendment No. 3 (City Secretary Contract No. 52337-A3) to reallocate certain credits was executed on September 25, 2020; and WHEREAS, it has become necessary to execute this Amendment No. 4 to said Agreement to reallocate certain credits and replace Exhibit "F-3" with Exhibit "F-4" attached to this Amendment No. 4. NOW THEREFORE, City and Owner, acting herein by and through their duly authorized representatives, enter into the following agreement that amends the Agreement: 1. Exhibit "F-3"to the Agreement is hereby replaced with Exhibit"F-4" attached hereto and incorporated herein by this reference. 2. All other provisions of the Agreement which are not expressly amended herein shall remain in full force and effect. (Remainder of Page Intentionally Left Blank) OFFICIAL RECORD Transportation Impact Fee Credit Amendment 4 CITY SECRETARY Alliance Town Center North-CA-17-012 FT. WORTH, TX IN WITNESS WHEREOF, the undersigned parties have executed this Amendment to be effective as of the date subscribed by the City's designated Assistant City Manager. CITY OF FORT WORTH,TEXAS OWNER: a7ea &�ZLw AIL Investment, L.P., Dana Dana Bur�4,2021 3�28 CDT) a Texas limited partnership Dana Burghdoff By: AIL GP, LLC, Assistant City Manager Oct 4,2021 a Texas limited liability company, Date: its general partner Recommended By: � G By: —A— DJ Harrell 30,202114:29 CDT) T D.J.Harrell Executive Vice President Director,Development Services Ap rp �,v�d�as to Form and Legality: Hillwood Alliance Residential,L.P., pd4on�q� a Texas limited partnership DBlack(Oct 4,202110:49CDT) �AG°FORraa Douglas Black p�,6 o° °oO��d By: Hillwood Operating,L.P., Assistant City Attorney P'S g•+10 a Texas limited partnership, M&C: None required w o*�� its general partner O°°0Ay 0000000°O XY ATTEST: d���*xA,*.oaQ By: Hillwood Services GP, LLC, a Texas limited liability company, its general partner Ronald P. Gonzalez Acting City Secretary By: G Contract Compliance Manager: L. ussell m Executive Vice President By signing, I acknowledge that I am the person responsible for the monitoring and administration of this contract, including Hillwood Multifamily Land,LP, ensuring all performance and reporting a Texas limited partnership requirements. By: Hillwood Multifamily Land GP, LLC, LEONARD MANTEY(Sep 30,202113:51 CDT) a Texas limited liability company, Leonard Mantey its general partner Planning Manager- Strategic Operation Development Services Departments L. kusseli't0jahlin Executive Vice President OFFICIAL RECORD Transportation Impact Fee Credit Agreement-Amendment No.4 CITY SECRETARY Alliance Town Center North-CA-17-012 FT. WORTH, TX EXHIBIT "F-4" Allocation of Credits [see following page(s)] Transportation Impact Fee Credit Agreement-Amendment No.4 Page 3 of 4 Alliance Town Center North-CA-17-012 f TRACT IMPACT FEE .............. TRACT 1 E TRACT 1 C U� TRACT I ALLOCATION TRACT 1 D TRIANOGLE BLVD TRACT 1 A $0 TRACT 1 B $308,760 o TRACT 1C $76,336.63 oy PRESTIGE RD1 j ❑ 0 Q TRACT 1 D $280,000 0 3 != TRACT 1 B 'p o TRACT 1 E $0 LL Z TRACT 1 F $0 TRACT IA TRACT 2 $3,375,461.67 El TRACT 3 $0 o TRACT 4A $56,096.57 ` j�ILt�► TRACT 4B $51,973.78 a TRACT 2 TRACT 4C $0 TRACT 3 r01 0 4 0 TRACT 5 $0 0 _ 3 ATC �, Q TRACT 6 $0 -" -� TRA 1.CT 4A = ;' � R DR TRACT 5 TRACT 6A $50,000 TRACT 7 $0 TRACT 4B TRACT 8 $0 ], TRACT 4C TRACT 9A $0 HER TAGE TRACE PKWY -� TRACT 9B $0 TRACT 9C $513,888 TRACT 10 TRACT 6A $0 a o TRACT 6 .PRAIRIE TOTAL $4,712,516.65 Z VISVI�STA DR TRACT 7 ATc TRACT SUMMARY l7 GENERAL F� WORTH DR �i TRACT IA ± 100.369 AC u 11 � �;wR6i:or_ LJ D 4 ` TRACT 1 B ± 16.605 AC _> ce TRACT 1 C ± 1.495 AC b C� o �`�r� ' ° TRACT 1 D ±3.197 AC +� I TRACT 1 E ± 1.701 AC IJJ j� TRACT 1 F ± 1.759 AC o u TRACT 2 ±45.727 AC 0 L� r Z TRACT 3 ±8.940 AC a TRACT 4A ± 1.736 AC NORTH TARRANT PKWY TRACT 9A TRACT 96 TRACT 46 ±5.873 AC O d TRACT 4C ±3.810 AC TRACT 9C N MONTERRA TRACT 5 ± 19.835 AC TRACT 6 ±17.786 AC a1 a TRACT 10 TRACT IBA ± 1,930 AC TRACT 7 ± 13.518 AC LL p TRACT 8 ±42.063 AC w TRACT 9 ±24.926 AC a TRACT 10 ±9.899 AC 0 1,800. l i[ I I l'L\\'L)Ut_,1 P E LOTO N NORTH GRAPHIC SCALE EXHIBIT F — 4 ` I�hI , on, g 9600 Hillwood Parkway,6o1[e 300 9800 Hfilwaod Parkway Fort Worth,Texas 76177 Bolt.250 Phone 817-224-6000 Fort Worth,Texas 76171 DATE:9/01/2021 Fax 617-224-6076 PHONE!817-562-3350 z i; Transportation.Impact Fee Credit Amendment 4 Page 4 of 4 Alliance Town Center North-CA-17-012