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HomeMy WebLinkAboutContract 55815-A1Date Received: Mar 17, 2023 Time Received: 11:33 a.m. City Secretary Contract No.: 55815-A1 FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 55815 A COMMUNITY FACILITIES AGREEMENT BETWEEN THE CITY OF FORT WORTH AND 9TH AND COMMERCE FORT WORTH, LLC This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 55815 ("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 9TH AND COMMERCE FORT WORTH, LLC ("Developer"), a Delaware limited liability company. WHEREAS, the City and Developer entered into a Community Facilities Agreement for the construction of public infrastructure improvements for a Project known as 901 Commerce, City Project Number 101499, City Secretary Contract No. 55815 ("CFA"); and WHEREAS, the Developer desires a one-year extension of the deadline to complete construction of the Improvements as authorized by the CFA Ordinance; NOW THEREFORE, City and Developer, acting herein by and through their duly authorized representatives, enter into the following agreement, which amends the CFA: 1. Section 6 of the CFA is amended to add the following paragraph after the first paragraph: Developer and City agree to an Extension Period of one (1) year. Developer shall complete construction of the Improvements and obtain the City's acceptance of the Improvements by June 1, 2024. 2. a. All other provisions of the CFA which are not expressly amended herein, shall remain in full force and effect. b. All terms in this First Amendment that are capitalized, but not defined, shall have the meanings ascribed to those terms in in the CFA. [SIGNATURES ON FOLLOWING PAGE] City of Fort Worth, Texas First Amendment to City Secretary Contract No. 55815 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX 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 -4- Dana Burghdoff Assistant City Manager Date: Mar 17, 2023 Recommended by: Dwayne Hollars (Mar 15, 2023 11:55 CDT) Dwayne Hollars Contract Compliance Specialist Development Services Approved as to Form & Legality: Richard A. McCracken (Mar 15, 2023 17:26 CDT) Richard A. McCracken Sr. Assistant City Attorney M&C No. N/A Form 1295: N/A ATTEST: Jannette S. Goodall City Secretary City of Fort Worth, Texas First Amendment to City Secretary Contract No. 55815 DEVELOPER 9th and Commerce Fort Worth, LLC By: Southern Land Company, LLC its manager L�� Brian Sewell (Mar 15, 2023 11:26 CDT) Brian Sewell President Date: Mar 15, 2023 Contract Compliance Manager: By signing, I acknowledge that I am the person responsible for the monitoring and administration of this contract, including all performance and reporting requirements. Rebecca Diane Owen (Mar 15, 202312:13 CDT) Name: Rebecca Diane Owen Title: Development Manager OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX