HomeMy WebLinkAboutContract 45176 ciTy MCRETARY �re.
CONTRACT
MANAGEMENTAND IMPROVEMENT SERVICES .AGREEMENT
Fort Worth Public Improvement District No. 11 Stock arils
This MANAGEMENT AND IMPROVEMENT SERVICES AGREEMENT
("Agreement") "is made and entered into by and between the CITY off" FORT WORTH (the
"City"), a home rule, municipal 1 eorporation organized under the laws of the State of Texas acting
by and through Fernando Costa, its duly authorized Assistant City manager, and
STOCKYARDS RESERVATION FOUNDATION OF FORT WORTH, INC.,, a Texas
nonprofit corporation "Contractor ) acting by and through Steve Murr n, ,Jr., its duly
authofzed President.
RECITALS
The following, statements are true and correct and constitute the basis upon which the
City and Contractor have entered into this Agreement:
WHEREAS, pursuant to Chapter 372 of the Texas Local Government Code on January
28, 2003, the City Council of the City of Fort Wow adopted Resolution No. 2925 creating Fort
Worth ruble Improvement District No. 11 (the "District"); and
WHEREAS, the City is authorized to utilize the District to undertake 'improvements
and/or services that confer special benefits on the part of the Cite within the District; and
WHEREAS, the City Council is authorized to lei and collect special assessments on
property in the District, biased n the special services conferred by the *improvements and/or
services,to pay the cost of such improvements and services; and,
WHEREAS, the City desi'Tes to ester a written. agreement with Contractor for
provision of certain improvements and services in the District, as, more specifically set :forth
this Agreement; and
WHEREAS, suer prove .ents and services constitute a supplement to standard City
services and an added increment of service to prov de other special benefits and services which
will enhance the vitality d quality of the District, and
WHEREAS, Contractor wishes to assist the City by providing, furnishing, or performing
such 'improvements and services,
NOW, THEREFOREi, for and in consideration of the mutual covenants, promises, and
agreements,contained herein,the City and Contractor do hereby covenant and agree as follows.-
Page I OiF'FICIAL RIECORD11
Management and Improvement Services,Agreement CITY SECRETARY
with Stockyards Preservation Foundation ation oaf Fort Worth,Inc. WORTH,TX
PID1 I1 (Stockyards
I V E D ON
j
� i
AG&EEM.. ENT
to ENGAGEMENT OF CONTRACTOR,
The City hereby engages the Contractor, and the Contractor hereby agrees to provide,
furnish, oversee or perform in accordance with this Agreement,the improvements and/or services
set forth In Section 2.
2. IMPROVENIEENTS AND SERVICES FOR THE DISTRICT.
2.1. Scope of Contractor's Duties,
Contractor shall provide or cause to be provided those improvements and services
(the "Improvements and Services") set forth 'in and subject to the Service Plan and
Budget for the District approved by the City Council for the fiscal year covered by this
Agreement (the, "Service Plan and Budget") (which is attached hereto as Exhibit"A"
and hereby made a part of this Agreement, for all purposes), as may subsequently be
amended, and the ordinance adopted by 'the City Council levying assessments on
properties in the District for such Improvements and Services (which ordinance is a
public document on file *in the City Secretary's Office and is hereby incorporated for all
purposes . Contractor shall comply with the following related duties and responsibilities.*
(a) Oversee the bidding and awarding of any third party contracts for the
above-referenced Improvements and Services in accordance with the
guidelines set forth in the Policy and Guidelines, for Public linprove men
t
Districts adopted by the City Council pursuant to Resolution No. 3711-02-
200�9 (the "PI D Policy"), a copy of which Contractor hereby certit ties it
has received and which i's, incorporated herein by reference for all
purposes;
(b) Monitor work performed by any subcontractors for any of the above-
referenced Improvements and Services, to ascertain that all such work is
performed completely, professionally, and with the appropriate level of
quality and to make whatever changes are necessary to achieve these
objectives',
(c) Obtain, maintam and pay for 'insurance, necessitated by the above-
referenced Improvements and Services, as may be directed or reviewed by
the City's Risk Manager,;
(d) In accordance with Section 372.013 of the Texas, Local Goveniment Code
and the PI D Policy, prepare a Service Plan and Budget for the first five (5)
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Management and improvement Services Agreement
w'I th Stock ards Preservation Foundation of Fort Worth,Inc.
y
PID 11, (Stockyards)
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years following the fiscal year covered by this Agreement, to be adopted
by the advisory body for the District or other entity designated by the City
and approved by the City Council,-,
(e) Maintain a full and accurate accounting of disbursements for
reimbursement from District revenues and all other financial reporting,
1,
requirements set forth in the PID Policy,
#1 *1
Comply With all duties and responsimil'ties set forth in Exhibit "B",
attached hereto and hereby made a part of this Agreement for all purposes.
A 0
2.2. Contract,or Compensation.,
As full compensation for the provision of all Improvements and Services during
the Term of this Agreement, the City shall pay Contractor the sum of$,13,494.010, which
amount is reflected in-the Service Plan and Budget as "Management Fee,"which amount
. '1 i
shall be paid in prorated nstallments in accordance with Section 6 hereof
2.31. Standard of Care* Nature of Relations'
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Contractor shall, commence, carry on, and provide the Improvements and Services
Is
with all practicable dispatch, in a sound, economical, and efficient manner, *in accordance
with this Agreement and its attachments and all applicable laws. Contractor shall ensure
I I
that any work on the Improvements and Services is properly coordinatect with related
work being performed by the City. Contractor represents that it has, or Will secure at its
own expense, all materials,, supplies, machinery, equipment, accesson"es, and services,
0'e"
necessary to provide the Improvements and Services. Unless otherwise specifically
p rovi ded herein, of the Improvements and Services, will be performed by the
Contractor or under the Contractor's supervision. All personnel engaged by the Contractor
shall be fully qualified to perform those Improvements,and Services delegated to, them.
14, secudly rersonnel.
In the event Contractor employs security personnel as a part of providing
Improvements and Services under the Agreement,, Contractor hereby assumes, sole
Nl*ty for any and all acts, or om ss*ons of security personnel "
responsi 1 1 1 in the performance
*2 *VIP
of their responsibilities tnimes hereunder. Security personnel shall 'Include, but not be limited to,
any employee, agent, representative, security officer,, or off-duty Fort Worth Police officer,
hired by the Contractor to provide Security Services, within the Distn"ct. "Security
Services" shall not include running radar on drivers,, writing parking citations,
investigating cnitnes, or other job functions normany performed by on-duty police
officers. Contractor shall bear sole responsibility, if any, for reporting its payment for
each see un'ty personnel 9 s, services,as taxable 'income to the Internal Revenue Service.
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Management and Improvement Services Agreement
with Stockyards Preservation Foundation of For Worth,Inc.
PI D I I (Stockyards)
...................
If Contractor employs off-duty Fort Worth police o�fficers to provide Security Services,
the parties understand, acknowledgel, and agree that, while performing Security Services,
for the Contractor under this Agreement, the off-duty officers are not considered
employees of the City of Fort Worth, except as provided herein. Contractor shall direct
residents to call 911 in the case of an, emergency. Off-duty Fort Worth police off est ffi
working for the Contractor shall not answer calls for police service Erorn Police
Department dispatchers except in the event of a life thretc m"ng emergency, in which case
the off-duty officer would then be considered "on-duty" and working as an employee of
the City of Fort Worth. If the off-duty officer becomes aware of a situation that warrants
immediate police action within the District,, he or she can take police action while also
advising on-duty officers of the situation. Responsibility for the incident will be
transferred to an on-duty officer as soon as one reaches the, scene.
3, CITY'S D,UTIES AND RESPONSIBILITIES.
The City shall provide the following services in connection with operation of the District
and the Contractor's performance wider is Agreement.-
(a) Levying and collecting assessments, and recording the same in a separate revenue
account,
(b) Making payments to Contractor from special assessment revenues and other
District revenues-,
(c) Maitaining the same level of services in the District as -that which the City
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provides in comparable,areas of the City-
(d) Maintaining complete and detailed records concerning any expenditure of'special
assessment revenues and other District revenues, which are made through City
departments, boards, or agencies,*
I
(e) Retaim"ng and expending, revenues from special assessments, penalties, 'interest,
and 'Investment income thereon solely W* the District,
(f) Prepan*ng an annual report of delinquent property assessments and liens thereon to
be assigned to the City's delinquent tax collection attorney;
(g) Making regular reports to Contractor concerning delinquent assessments and
making billings thereon as necessary-- and
I
(h) Producing an annual assessment roll of property owners and property wit in the
D i stn'ct.
Page,4
Management and Improvement Services Agreement
with Stockyards Preservation Foundation of Fort Worth,Inc.
PID 1.1 (Stockyards,)
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4* AMENDMENTS.
This Agreement may not be amended unless executed in writing by both parties.
5, TERM.
This Agreement shall commence October 1, 2013 (the "Effective Date") and, unless
terminated earlier in accordance with this Agreement, expire September 30, 2014 (the"Term").
6. RELEASE OlF FUNDS TO CONTRACTOR.
6.1. Procedure.
Pefiodically, but not more frequently, than once per month., Contractor shall
present to -the individual or *individuals designated by the City to oversee and admim'ster
the District (the "Administrator") a report of the Improvements and Services provided
by Contractor since (i) for the first report under this Agreement, the Effective Date and
(ii) for all subsequent reports, the date of the previous report. All such reports must
include documentation sufficient demonstrating, to the Administrator that any slums paild
or incurred by Contractor have been paid or are due. Provided that all such necessary
reports and supporting documentation have been provided to the Administrator,, the City
shall play the Contractor for all lawful expenses made or incurred by Contractor within
fifteen (15), business days of receipt of all such reports and supporting documentation.
Notwithstanding anything to the contrary herein, the City shall not he required to pay
Contractor any amount that exceeds the then-current balance of District revenues, or that
is not in accordance with the Service Plan,and Budget for the then-current fiscal year.
6.2. Work Reports,
Contractor shall also submit a periodic work report, no less than quarterly, to the
Administrator. This work report shall detail all of the Contractor's significant work
activities in the District. The format of the report shall be mutually, agreed upon by the
Contractor and the Administrator. Notwithstanding anything to the contrary herein,
payments to Contractor may be withheld 'if' any such report is not received. The
Admini'strator shall have the right to verify that the report is complete and accurate.
6.3. Insufficient District Funds.
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Management and Improvement Services Agreement
with Stockyards Preservation Foundation of Fort Worth,Inc.
PID I I (Stockyards)
The City shall have no financial obligation to the District other than levying and
collecting the assessments levied by the District,,, except as provided in Section 3(c) above, and,
pursuant to and 'in accordance with this Agreement, paying for Improvements and Services -that
Contractor performs in the District.
In, the event that District revenues are not available or are insufficient for the City
to make any payment to Contractor hereunder, the City will promptly notify Contractor.
At Contractor"s request, die City and -the Contractor shall meet and attempt to negotiate
an amendment to this Agreement so that the scope of Improvements and Services may be
reduced to correspond to the amount of District funds that are available or are anticipated
to become available. If such an amendment cannot be successfully negotiated, Contractor
shall have the right to pay the deficit car a non-reimbursable basis), 'in which case this
Agreement shall continue in effect. If such an amendment cannot be successfully
negotiated and Contractor doles, not elect to fund the deficit, 1
either party may terminate
this,Agreement upon thirty(3 0) days' advance written not-ice to the other party.
7, DISCRIMINATION PROHIBITED,
Contractor, M the execution, performance, or attempted performance of this Agreement,
will not discriminate against any person or persons because of sex, race, religion, color,, national
origin, sexual orientation or familial status, nor will the Contractor permit its office m, agents,,
employees or subcontractors to engage in such discrimination. This Agreement is made and
entered into with reference specifically to 'the ordinances codified at Chapter 17, Article III,
Division 3 (Employment Practices) of-the Code of the City of Fort Worth, and Contractor hereby
covenants and agrees, that Contractor, its officers.) agents,, employees and subcontractors, have
fully complied with all provisions of same and that no employee or applicant for employment has
been discri"M M* ated against under the terms of such ordinances by either Contractor, its officers,
agents, employees or subcontractors.
8, BUSINESS DIVERSITY ENTERPRISE ORDINANCE
In accordance with City of Fort Worth Ordinance No. 20020-12-2011, effective June 1,
2012, the City has established goals for the participation of MM* ofity Business Enterprises,
( d Small Bust*ness, Enterprises ("SBEs") in City contracts. Contractor shall comply,
and require that its subcontractors comply, with the terms of this ordinance and any amendments
thereto. Failure by the Contractor to comply, or to require its subcontractors to comply, wan
such ordinance shall constitute a breach of'this Agreement and be grounds for termm' atioln of this
Agreement by the City.
91 CONTRACTOR LIABILITY1.
Contractor hereby assumes full liability for any damages to any public or private groperty
due to the negligence of Contractor., its subcontractors, agents.,permitees, or assigns.
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Management and Improvement S ices Agreement
with Stockyards Preservation Foundation of Fort Worth,Inc.
PID II (Stockyards)
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12, INDEPENDENT CTOR,
It is expressly understood and agreed that Contractor shall perform all work and services
described herein as, an independent contractor and not as nicer, agent, se t or employee of
the City; that Contractor shall have exclusive control of the details of the services and work
performed hereunder, and all ersons performing the s e� and shall be solely responsible for the
negligent acts and negligent omissions of its officers, agents, employees, contractors and
subcontractors-, that to doctrine of respondent superior shall not ,apply as between City and
Con actor, its officers, agents, employees, contractors and subcontractors; and that nothing
herein shall be construed as creating a partnership or joint enterprise between City and
Contractor. No person performing any of the work and services described hereunder shall be
considered an officer, agent, servant or employee of the City.
13., INSURANCE.
Contractor shall not commence work Wider this Agreement until it has obta.ied
and received approval from the City of all insurance coverage required hereunder., Contractor
shall be responsible for delivering to the Administrator a certificate or certificates of'insurance
demonstrating that Contractor has obtained the coverage e re aired under this Agreement, t at all
insurance policies provided pursuant to this Agreement are endorsed to name the City as an
additional insured, and that, all such 'insurance policies cover -not only Contractor, but also
Contractors contractors, and subcontractors. The minimum insurance required, of Contractor is
as follows:
WORKER'S COMPENSATION INSURANCE-1 Contractor shall maintain throughout
the Term of this, Agreement statutory Worker's Compensation Insurance on all of its
employees to be engaged in undertaking y Improvements or Services hereunder. In
case any class of employees, engaged in hazardous orl under this Agreement is not
protected under the states Worker's Compensation statutes, Contractor shall provide
adequate employer's general liability insurancefor the protection of such employees not
so protected.
COMPREHENSIVE GENERAL LIABILITY INSURANCE: Contractor shall maintain
throughout the Term of this Agreement a.commercial general liability sur ce policy in
an amount of not less than 1,000,0 covering each.h occ urrence with an aggregate limit
of not less than $2,000,000.
AUTOMOBILE INSURANCE - BODILY INJURY AND PROPERTY DAMAGE:
Contractor shall maintain throughout th.e Term of this Agreement comprehensive
automobile liability coverage in an amount not less than $1,000,000 or each accident.
This policy shall cover any automobile used in the provision of Improvements, and
Services under this Agreement.
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Management and Improvement Services Agreement
with Stockyards Preservation Folundatioln of Fort Wor h,Inc,
PID I I (stockyards)
The insurance company with whom Contractor's insurance is written shall be represented
by an agent or agents having an office located within, the Dallas-Fort Worth metropolitan area.
Each such agent shall be duly qualified, upon, whom service of process may be had, and must
have authority and power to act on behalf of the insurance company to negotiate and settle with
the City, or any other claimant, any claims that the City, or any other: claimant, or any property
owner who has been damaged may have against the Contractor or insurance company. The name
of the agent or agents shall be set forth on all certificates of'insurance. All policies must provide,
that they may not be changed or canceled by the 'insurer in less than five (5) days, after the City
had received written notice of such change or cancellation. Such insurance arnounts may be
revised upward at City's request. 'and Contractor shall revise such,amounts within thirty (30:) days
after receipt of such request.
14. TAXES.
Contractor shall pay all federal, state and local taxes that may be chargeable on any
Improvements and Services provided hereunder or otherwise in relation to Contractor's duties
and obligations hereunder.
15. PERMITS,
Contractor shall and shall cause, any of its contractors and subcontractors, to obtain and
pay for any necessary permits and licenses, whether 'Issued by the state, county or City, before
proceeding with any work hereunder that requires any such permits.
16, CHARACTER OF WORK AND OPERATIONS,.
Contractor,and Contracto�r�'s,employees, contractors and subcontractors shall be competent,
and careful workmen skilled in their respective trades. Contractor shall not employ any person
who repeatedly engages in misconduct or is 'incompetent or negligent in the due and proper
performance of his duties or has been convicted of any crime of moral turpitude. "I'he City shall
retain the right to require the Contractor to remove any employee who is guilty of misconduct
toward the public or is in any way discourteous to the public. This work is being performed for
the public benefit and it is necessary that it be perfo rmed acceptable manner and at a
satisfactory rate of progress. Contractor shall at all times Maintain its equipment M' a clean,
serviceable condition. All equi*pment shall be properly licensed and 'Inspected and clearly
marked with the Contractor's name,and telephone number.
17, ASSIGNMENT AND SUBCONTRACTING.,
Contractor shall have the right to subcontract for the provision of any Improvements and
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Services authorized hereunder so long as, the subcontract is in writing. uontractor shall provide
Page 9
Management,and Improvement Services Agreement
wit Stock arils Preservation Foundation of Fort Worth,Inc.
I y
PID I I (Stockyards)
the Administrator with a final executed copy of each subcontract. The existence of a subcontract
shall not relieve Contractor of any responsibility or liability to the City under this Agreement.
Otherwise, Contractor may not assign, transfer or convey any of its duties and responsibilities
under this Agreement to another party without the advance written approval of the City and
execution by such party of a written agreement with the City ,under which such party agrees to be
bound by the duties and obligations of Contractor der this Agreement.
18o DEFAULT.
All terms, conditions and provisions of this Agreement shall be considered material, and
Contractor's failure to per any part of this Agreement shall constitute an event of default
hereunder. Should the Contractor fail to fully cure any default hereunder Within fourteen (14)
calendar days after receipt from the City of written notice of the default (or, provided that
Contractor has diligently commenced and continuously attempted cure Within such time,: such
additional time as may be reasonably necessary to fully cure the default), the City may, at its
option and in addition to any other remedies available to it under law or in equity, terminate this
Agreement by providing written notice to Contractor. Notwithstanding the foregoing, City may
terminate this Agreement, for any reason upon thirty (30) calendar days' prior written notice to
Contractor. In the event of any termination, any work in progress, will continue to completion
unless speciffi ix otherwise n the City's termination,notice. The City shall pay for any such work
in progress,that is completed by Contractor and accepted by the City.
19'., COOPERATION WITH CITY.
Contractor shalt, at such time and in such form as City may reqWre, furm*sh periodic
information concerning tne status of the project and such other statements, certificates, and
approvals relative to the project as may be requested by the City., Contractor shall meet with the
Adnlinistrator or other City officials as may be requested to discuss any aspect of this
Agreement.,
20, BOOKS AND CO S.....,& AUDITING RIGHTS.
I
Contractor shall mam* tai*n complete and accurate records with respect to all expenditures
and costs it for all Improvements and Services provided hereunder. All such records shall
be maintained on a generally accepted accounting basis and shall be clearly identified and readily
accessible to the City. Contractor shall provide representatives of City or its appointees free
access to such books and records,, at all proper times, in order that they may examine and audit
the same and make copies thereof Contractor shall ftirther allow the City and its representatives
to make 'inspections of all work data, documents, proceedings and activities related to this
Agreement. Such right of access and audit shall continue for a period of ffiree (3) years from the
date of final payment under this Agreement. The, City shall also have the right to conduct a
performance audit and evaluation, of Contractor at such times as the City deems, necessary.
Page 10
Management and Improvement Services Agreement
with Stockyards Preservation Foundation offort Worth,,Inc.
PID I I (Stockyards)
Contractor shall fully cooperate with any such performance audit. The City may employ
consultants at the City's expense to assist City M such performance audit. Contractor agrees to
give the City and its, consultants access to all. reports, data, schedules and other relevant
information which may be required to conduct such performance audit,
21. NOTICES,
Any notices, bills, invoices or reports required by this Agreement shall be conclusively
'11 .
determ*nea to have been delivered three (3) busies days after deposit "'in the United States mail,
in a sealed envelope with sufficient postage attached, to the addresses listed below or such other
addresses as may from time to time be provided to the other party.-
c i 41
ty, Contractor.
41
City of Fort Worth Stockyards Preservation Foundation of
Attn: PfD Administrator Fort Worth, Cinc.
Housing&Economic Dev. Dept. Attn: Steve Murrin, Jr., President
10010
"l roc Street 500 NE 23rd St.
Fort Worth, Texas 76102-6311 Fort Worth, TX 76164
22. COMPLIANCE WITH LAWS, ORDINANCES,,_RULES AND REGULATIONS,.
This, Agreement Will be subject to all applicable federal, state and local laws, ordinances,
rules and regulations, including, but not limited to, all provisions of the City's Charter and
ordinances,, as amended.
23, GOVERNMENTAL POWERS.
It is understood that by execution of this Agreement, the City does not waive or surrender
any of it governmen 0 tal powers orimmunities.
244, NO WAIVER,
The failure of either p�arty to insist upon the performance of any to or provision of this
Agreement or to exercise any right granted hereunder shall not constitute a waiver of that party's
nght to insist upon appropriate performance or to assert any such night on any future occas*
25, VENUE AND JURISDICTION,*
hge I i
Management and Improvement Services Agreemitut
with Stockyards Preservation Foundation of For Worth,Inc.
p1D I I(S.1tockya:rds)
the If any action, whether real or asserted, at law or in equity, arises on tne basis of any
provision of this Agreement, venue for such action shall lie in state courts located 'in Tarrant
County, Texas or the United States District Court for the Northern District of Texas—Fort Worth
Divisl'on. This Agreement shall be construed in accordance with the laws of the State of Texas.
26. NO,THIRD PARTY RIGHTS.
The provisions and conditions ofthis Agreement are solely for the benefit of the City and
Contractor and are not intended to create any rights, contractual or otherwise, to any other person
or entity.
27. INTERPRETATION.
In the event of any dispute over the meaning or appfication of any provision of this
I
Agreement, -this Agreement shall be interpreted fairly and reasonably, and neither more strong .,V
for or against any party, regardless of the actual drafter of this Agreement.
28, CAPTIONS,
Captions and headings used in this Agreement are for reference purposes only and shall,
not be deemed a part of this Agreement.
29. ENTIRETY OF AGREEMENTO
This Agreement, 'Including any exhibits attached hereto and any documents incorporated
herein by reference, contains the entire understanding, and agreement between the City and
Contractor as to the matters contaied herein. Any prior or contemporaneous oral or written
agreement is hereby declared null and void to the extent in conflict With any provision of this
Agreement.
30. COUNTERPARTS*
This Agreement may be executed in multiple, counterparts,, each of which shall be
considered an onigm* al, but all of which shall constitute one instrument.
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Management and improvement Services,Agreement
with Stockyards Preservation Foundation of Fort Worth,Inc.
PID I I(Stockyards)
EXECUTED as of the last date M* dicated below,-.
0
CITY OFFORT WORTH1,, STOCKYARDS PRESERVATION
FOUNDATION OF FORT WORTH, INC..
a Texas nonprofit corporation:
By: By:
Fernando Costa 94ve Murrm* , Jr�.
Assistant City Manager President
Date: I Date.
ATTEST* ATTEST.
a�
IX
By.
Mdry
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City Set,ary
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000,4)
000 1 4,
OrE A
APPROVED AS TO FORM AND L
�A
By.
Males ,a,B. Fanner
Senior Assistant City Attorney
M&C: BH-304 91-10-13
OFFICIAL RECO"',
ORD
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Y
C]
trS
Page 13 c,ITY SECRETARY
Management and improvement Services Agreement H 0 rX
on of Fo Wort
rt h,Inc. FT*WORTH,TX
with''lockyards Preservation Foundat*t
p'I,D 1,1 (Stockyards),
EXHIBITS
0
"A""—Service Plan and Budget for the District
"B"—Additional Services to be Provided by Contractor
Management and improwitient Services Agreement
with Stockyards Preservation Foundation of Fort wohh
PD I I Nmkyrds)
xb 1 1
City of Fort Worth
FIVE YEAR,SERVICE,PLAN
Publ*w Improvement Distrkt No.I I-Stockyards
FY13114 FYIC15 FY115MG FY1 611;7 FYI 71118
REVENUES
Assessment Revenues $ 67,471 S 67,471 $ 671471 $ 67,471 $ 67,47I
Phor Year Assessn*nts S 15,0100 S 15,0052 S 15,104 $ 15"156 j 15,20L
Total City Revenue $ 82,471 $ 82,523 $ 82,575 $ 82,627 82,679
Web Site.,Advertisng 7,200 $ 7,200 $ 7,200 S 7'2W $ 7,2W
HNNNS.K
Total Revenues $ 8%671 S 89J23 $ 89-ow
E SES
Marogenneft Fee to '13,494 $ 13,494 $ 13,494 5 13,494 $ 13,494
Insurwice �$1 42.55 $ 425 $ 425 S 425 $ 425
Trash Removal(a$other Maintenance) $ 10!,2010 $ 10,200 $ 10,200 S 10,200 $ 10,2010
Websifte&Other Markefing $ 38,500 S 38,500 $ 38,5W S 38,5010 S 38,500
Public Events $ 10,0001 S 10,0w $ 10,000 $ 10.000 $ 10,0001
City Administintion $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000
Budget EWnses $ 74,619 S 74,619 $ 71496191 S 74,619 $ 74,619
Estimated Operating Reswve $ '1!5,%2 1,5111104 $ 111L 156 $ 15,208 S 15,260
Total Expenses $89,671 S891723 $,89,9775 $89,827 $89t879
Management and Impvowment Services Agreement
m46,51DcVards Preservation Foundation of Fort Worth
V I t(Stockyards)
T",I
Vjxhibit"B"
Additional Services to be Provided by Contractor
(a) Contractor shall assign one of'its employees to manage the PID and, unless + the rwi"'se,
agreed, by the City in writing, Contractor:agrees that the management of the PM shall
be the sole activity for the assigned employee and such employee shall not manage
any other properties for Contractor;
(b) Participate in meetings of City of Fort Worth departments of Housing ana Economic
Development, Parks, Transportation and Public Works, Internal Audit, and Budget to
coordm* -ate PID activities;
(c) Participate in all meetings of the PID advisory body, or other entity selected by the
City for assistance "'in the preparation of the Service Plan and Budget for the District,
and update member of' any such entity as to authorized MD projects and other
pertinent matters. At the request of the Board president, arrange for guest presenters
to attend meetings;
(d) Establish means of communication for citizen 'Input to report problems and make
suggestions to the PID. Coordinate responses to citizen input with the PID advisory
body or other entity selected by the City;
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(e) Maintain a full and accurate accounting of disbursements for reimbursement from
i
PID revenues, providing the PID advisory body or other entity selected by the fit
with a monthly accounting statement,
(f) Mom*tor recurring expenses and perform comparative analysis to identify emerging
trends and real or potential problems. Notify the SID advisory body or other entity
selected by the City of trends,and unusual or excessive expenses,,*
(g) Maintain complete set of historical records of all PID activity to include PID charter,
-th other entities, grant applications,
minutes, of meetings, and agreements/contracts w i n an
etc. from the begm* niing of PID to present; and
(h) Work With all P,ID committees to coordinate and handle all details associated with
public events that are sponsored by PID.
carry on, and provide such 'Improvements and/or services with
The Contractor shall commence, rdance with this
4, in a sound economical, and efficient maiiner, in acco,
all practicable dispatch, *
contract and its attachments and all applicable laws.
and IMPTONCM"",Services Agreement
Foundation Of Fort Worth