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HomeMy WebLinkAboutContract 52665-A2DocuSign Envelope ID: 4B485239-676E-40A9-HEED-EE191DC9A075 CSC No. 52665-A2 SECOND AMENDMENT TO CITY SECRETARY CONTRACT NO. 52665, MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF FORT WORTH AND UNIVERSITY OF NORTH TEXAS HEALTH SCIENCE CENTER AT FORT WORTH THIS SECOND AMENDMENT TO CITY SECRETARY CONTRACT NO. 52665 ("Second Amendment") is by and between the City of Fort Worth ("City"), a home -rule municipal corporation organized under the laws of the State of Texas, and the University of North Texas Health Science Center at Fort Worth ("UNTHSC"), a Texas institution of higher education. WHEREAS, the City, UNTHSC, and Texas Christian University ("TCU") entered into a Memorandum of Understanding to promote and facilitate entrepreneurship in Fort Worth and Tarrant County through the services of SourceLink, the same being recorded as City Secretary Contract ("CSC") No. 52665; WHEREAS, the City, UNTHSC, and TCU amended CSC No. 52665 to revise the City's payment amount, the same being CSC No. 52665-Al (CSC Nos. 52665 and 52665-Al are collectively referred to herein as the "MOU"); WHEREAS, per Section 9 of the MOU, TCU provided the City and UNTHSC with written notice of its intent to terminate the MOU as to TCU's participation only; therefore, TCU is no longer a parry to the MOU; WHEREAS, the term of the MOU is for five years, beginning on August 7, 2019 and expiring on August 6, 2024; WHEREAS, the City and UNTHSC desire to amend the MOU to reflect the costs associated with each parry's responsibilities under the MOU though the term of the MOU. NOW THEREFORE, in consideration of the mutual promises set forth herein, the City and UNTHSC agree as follows: 1. The Recitals set forth above, which are hereby incorporated into this Second Amendment for all purposes, are true and correct and form the basis upon which the City and UNTHSC are entering into this Second Amendment. 2. The City and UNTHSC acknowledge that TCU will have no further obligations under the Agreement. of the Term. Exhibit C, Table C-1, is revised to reflect the City's and UNTHSC's costs through the end OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Second Amendment to CSC 52665 Memorandum of Understanding City of Fort Worth & UNTHSC Page 1 of 3 DocuSign Envelope ID: 4B485239-676E-40A9-HEED-EE191DC9A075 "TABLE C-1: In summary, the costs for the Term of this MOU are outlined below:* UNTHSC TCU City of Fort Total Worth 2019 - 2020 Cost: $15,000 $15,000 $25,000 $55,000 2020 - 2021 Cost: $0 $0 $14,000 $14,000 2021 - 2022 Cost: $0 $0 $17,500 $17,500 2022 — 2023 Cost: $0 $0 $15,000 $15,000 2023 — 2024 Cost: $0 $0 $15,000 $15,000 TOTAL: $15,000 $15,000 $86,500 $116,500 *Costs represent the funding for licensing costs of the Sourcelink software and the implementation of the Resource Navigator. Does not represent costs of hiring the Network Builder by UNTHSC or the prior investment of $40,000 to launch the Navigator by TCU." 4. The City acknowledges that by September 1, 2023, UNTHSC intends to transfer operation of the Sourcelink platform to a third parry that is mutally agreeable to the City and UNTHSC. The third party will operate the Sourcelink platform under the guidance of UNTHSC until the end of the term of this MOU. UNTHSC will bear operational expenses until August 31, 2023, after which such operational expenses will be borne by the third party. IN WITNESS WHEREOF, the City and UNTHSC have executed this Second Amendment as evidenced by the signatures below: The University of North Texas Health Science Center at Fort Worth DocuSigned by: By: J�ncun lZadu� 6/23/2023 Brian Gladue, PhD Executive Vice -President for Research Date: City of Fort ' Worth WilliW Johnson 30,2 _ By: CDT) William Johnson Assistant City Manager Date: J u n 30, 2023 HSC Contract #2023-1137 Second Amendment to CSC 52665 Memorandum of Understanding City of Fort Worth & UNTHSC Page 2 of 3 DocuSign Envelope ID: 4B485239-676E-40A9-HEED-EE191DC9A075 FOR CITY OF FORT WORTH INTERNAL PROCESSES: Approved as to Form and Legality: By: Name: Tyler F. Wallach Title: Assistant City Attorney Contract Authorization: M&C: NA Form 1295s: NA 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 reporting requirements. By: Name: Robert Sturns Title: Director, Economic Development A" '12a o� F�Rr�ao City Secretary: p >o °p�oo �o d° �J � as°n��z4oo 5a4p By. _ Name: Jannette Goodall Title: City Secretary OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Second Amendment to CSC 52665 Memorandum of Understanding City of Fort Worth & UNTHSC Page 3 of 3