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CITY SECRETARV
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Developer and Project Information Cover Sheet:
.Dcyet6per Company Name: Walton Development&Management TX LLC
Address, State,Zip Code: 5420 LBJ Freeway, Suite 790,Dallas,TX 75230
Phone&Email: 214-838-2105; ecollins @walton.com
Authorized Signatory,Title: John Vick,President,Walton Development&Management TX,LLC on
behalf of WM SUB CTR,LP
Project Name and Brief Chisholm Trail Ranch-Section 1,Phase 1
Description:
Project Location: Southeast corner of McPherson Boulevard and Summer Creek Drive
Plat Case Number: FP-15-034 Plat Name: Chisholm Trail Ranch-Section 1,Phase 1
Mapsco: 103-W Council District: 6 City Project Number: 02625
CFA Number: 2015-089 DOE Number: 7488
To be completed by staff.•
Received by: Date:
OFFICIAL REC()RD
City of Fort Worth,Texas
Standard Community acilities Agreement
i
m ty
CFA Official Release Date: 07.30.2015
Page 1 of 12
STANDARD COMMUNITY FACILITIES AGREEMENT
THE STATE OF TEXAS § City Secretary
COUNTY OF TARRANT § Contract No.
WHEREAS, Walton Development & Management TX LLC, ("Developer"), desires to
make certain specific improvements as described below and on the exhibits attached hereto
("Improvements") related to a project generally described as Chisholm Trail Ranch Section 1,
Phase 1 ("Project") within the City or the extraterritorial jurisdiction of Fort Worth, Texas
("City"); and
WHEREAS, the City has no obligation to participate in the cost of the Improvements or
Project; and
HEREAS, any future City participation in this CFA is subject to the availability of
City funds and approval by the Fort Worth City Council and shall be memorialized as an
amendment to this Agreement; and
WHEREAS, the Developer and the City desire to enter into this Community Facilities
Agreement ("CFA" or "Agreement") in connection with the collective Improvements for the
Project.
NOW, THEREFORE, for and in consideration of the covenants and conditions
contained herein, the City and the Developer do hereby agree as follows:
General Requirements
A. The Policy for the Installation of Community Facilities ("Policy") dated March 2001,
approved by the City Council of the City of Fort Worth, as amended, is hereby
incorporated into this Agreement as if copied herein verbatim. Developer agrees to comply
with all provisions of said Policy in the performance of its duties and obligations hereunder
and to cause all contractors hired by Developer to comply with the Policy in connection
with the work performed by said contractors.
B. Developer shall provide financial security in conformance with paragraph 6, Section II, of
the Policy and recognizes that there shall be no reduction in the collateral until the Project
has been completed and the City has officially accepted the Improvements. Developer
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 2 of 12
further acknowledges that said acceptance process requires the Developer's contractor(s)
to submit a signed affidavit of bills paid and consent of Surety signed by its surety to
ensure the contractor has paid any sub-contractor(s) and suppliers in full. Additionally,
the contractor will provide in writing that the contractor has been paid in full by
Developer for all the services provided under this contract.
C. Developer agrees to cause the construction of the Improvements contemplated by this
Agreement and that said construction shall be completed in a good and workmanlike
manner and in accordance with all City standards and the City-approved construction
plans, specifications and cost estimates provided for the Project and the exhibits attached
hereto.
D. The following checked exhibits describe the Improvements and are incorporated herein:
Water (A) M, Sewer (A-1) ®, Paving (B) ®, Storm Drain (B-1) ®, Street Lights &
Signs (C) 0.
E. The Developer shall award all contracts for the construction of the Improvements in
accordance with Section 11, paragraph 7 of the Policy and the contracts shall be
administered in conformance with paragraph 8, Section 1I, of the Policy. Developer shall
ensure its contractor(s)pays the then-current City-established wage rates.
F. For all Improvements included in this Agreement for which the Developer awards
construction contract(s), Developer agrees to the following:
i. To employ a construction contractor who is approved by the director of the
department having jurisdiction over the infrastructure to be constructed, said
contractor to meet City's requirements for being prequalified, insured, licensed
and bonded to do work in public ways and/or prequalified to perform
water/wastewater construction as the case may be.
ii. To require its contractor to furnish to the City a payment and performance bond in
the names of the City and the Developer for one hundred percent (100%) of the
contract price of the infrastructure, and a maintenance bond in the name of the
City for one hundred percent (100%) of the contract price of the infrastructure for
a period of two (2) years from the date of final acceptance insuring the
maintenance and repair of the constructed infrastructure during the term of the
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 3 of 12
maintenance bond. All bonds to be furnished before work is commenced and to
meet the requirements of Chapter 2253, Texas Government Code.
iii. To require its contractor to give 48 hours advance notice of intent to commence
construction to the City's Construction Services Division so that City inspection
personnel will be available; to require the contractor to allow the construction to
be subject to inspection at any and all times by City inspection forces, to not
install or relocate any sanitary sewer, storm drain, or water pipe unless a
responsible City inspector is present and gives his consent to proceed, and to
make such laboratory tests of materials being used as may be required by the City.
iv. To require its contractor to have fully executed contract documents submitted to
the City in order to schedule a Pre-Construction Meeting. The submittal should
occur no less than 10 working days prior to the desired date of the meeting. No
construction will commence without a City-issued Notice to Proceed to the
Developer's contractor.
V. To delay connections of buildings to service lines of sewer and water mains
constructed under this Agreement, if any, until said sewer and water mains and
service lines have been completed to the satisfaction of the Water Department.
G. Developer shall provide at its expense, unless otherwise agreed to by City, all engineering
drawings and documents necessary to construct the improvements under this Agreement.
H. Developer shall cause the installation or adjustment of the required utilities to serve the
development or to construct the Improvements required herein.
I. City shall not be responsible for payment of any costs that may be incurred by Developer in
the relocation of any utilities that are or may be in conflict with any of the community
facilities to be installed hereunder.
J. Developer hereby releases and agrees to indemnify, defend and hold the City harmless
for any inadequacies in the preliminary plans, specifications and cost estimates
supplied by the Developer for this Agreement.
K. Developer agrees to provide, at its expense, all necessary rights of way and easements
across property owned by Developer and required for the construction of the current and
future improvements provided for by this Agreement.
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 4 of 12
L. The Developer further covenants and agrees to, and by these presents does hereby,
fully indemnify, hold harmless and defend the City, its officers, agents and employees
from all suits, actions or claims of any character, whether real or asserted, brought
for or on account of any injuries or damages sustained by any persons (including
death) or to any property, resulting from or in connection with the construction,
design, performance or completion of any work to be performed by said Developer,
its contractors, subcontractors, officers, agents or employees, or in consequence of
any failure to properly safeguard the work, or on account of any act, intentional or
otherwise, neglect or misconduct of said Developer, its contractors, sub-contractors,
officers, agents or employees, whether or not such injuries, death or damages are
caused, in whole or in part, by the allezed nejelimence of the City of Fort Worth, its
officers, servants, or employees.
M. Developer will further require its contractors to indemnify, defend and hold harmless
the City, its officers, agents and employees from and against any and all claims, suits or
causes of action of any nature whatsoever, whether real or asserted, brought for or on
account of any injuries or damages to persons or property, including death, resulting
from, or in any way connected with, the construction of the infrastructure
contemplated herein, whether or not such injuries, death or damages are caused, in
whole or in part, by the alle,-ed ne,-likence of the City of Fort Worth, its officers,
servants, or employees Further, Developer will require its contractors to indemnify,
and hold harmless the City for any losses, damages, costs or expenses suffered by the
City or caused as a result of said contractor's failure to complete the work and
construct the improvements in a good and workmanlike manner, free from defects, in
conformance with the Policy, and in accordance with all plans and specifications.
N. Upon completion of all work associated with the construction of the Improvements,
Developer will assign to the City a non-exclusive right to enforce the contracts entered into
by the Developer with its contractor along with an assignment of all warranties given by the
contractor, whether express or implied. Further, Developer agrees that all contracts with
any contractor shall include provisions granting to the City the right to enforce such
contracts as an express intended third party beneficiary of such contracts.
O. Inspection and material testing fees are required as follows:
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 5 of 12
i. Developer shall pay in cash water and wastewater inspection fees and material
testing fees equal to two percent (2%) for a total of 4% of the developer's share of
the total construction cost as stated in the construction contract.
ii. Developer shall pay in cash paving and storm drain inspection fees equal to four
percent (4%) and material testing fees equal to two percent (2%) for a total of 6%
of the developer's share of the total construction cost as stated in the construction
contract.
iii. Developer shall pay in cash the total cost of streetlights or if the city is not
installing the streetlights, inspection fees equal to four percent (4%) of the
developer's share of the streetlight construction cost as stated in the construction
contract.
iv. Developer shall pay in cash the total cost of street signs.
P. COMPLETION WITHIN 2 YEARS
i. Developer shall complete the Improvements within two (2) years, provided,
however, if construction of the Improvements has started within the two year
period, the developer may request that the CFA be extended for one additional
year.
ii. Nothing contained herein is intended to limit the Developer's obligations
under the Policy, this Agreement, its financial guarantee, its agreement with
its contractor or other related agreements.
iii. The City may utilize the Developer's financial guarantee submitted for this
Agreement to cause the completion of the construction of the Improvements if at
the end of two (2) years from the date of this Agreement (and any extension
period) the Improvements have not been completed and accepted.
iv. The City may utilize the Developer's financial guarantee to cause the completion
of the construction of the Improvements or to cause the payment of costs for
construction of same before the expiration of two (2) years if the Developer
breaches this Agreement, becomes insolvent or fails to pay costs of construction
and the financial guarantee is not a Completion Agreement. If the financial
guarantee is a Completion Agreement and the Developer's contractors and/or
suppliers are not paid for the costs of supplies and/or construction, the contractors
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 6 of 12
and/or suppliers may put a lien upon the property which is the subject of the
Completion Agreement.
(REMAINDER OF PAGE INTENTIONALLY LEFT BLANK)
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 7 of 12
Cost Summary Sheet
Project Name: Chisholm Trail Ranch Section 1,Phase i
CFA No.: 2015-089 DOE No.: 7488
An Engineer's Estimate of Probable Cost is acceptable. However, the construction contract price
will ultimately determine the amount of CFA fees and financial guarantee. The bid price and
any additional CFA payments will be required prior to scheduling a pre-construction meeting.
An itemized estimate corresponding to each project-specific exhibit is required to support the
following information.
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 8 of 12
Items Developer's Cost
A. Water and Sewer Construction
1. Water Construction $ 240,696.98
2.Sewer Construction $ 164,926.00
Water and Sewer Construction Total $ 405,622.98
B. TPW Construction
1.Street $ 409,840.00
2.Storm Drain $ 144,526.00
3.Street Lights Installed by Developer $ 74,211.00
4. Signals $ -
TPW Construction Cost Total $ 628,577.00
Total Construction Cost(excluding the fees): $ 1,034,199.98
Construction Fees:
C. Water/Sewer Inspection Fee(2%) $ 8,112.46
D. Water/Sewer Material Testing Fee(2%) $ 8,112.46
Sub-Total for Water Construction Fees $ 16,224.92
E. TPW Inspection Fee(4%) $ 22,174.64
F. TPW Material Testing(2%) $ 11,087.32
G. Street Light Inspsection Cost $ 2,968.44
H. Signals Inspection Cost $ -
H. Street Signs Installation Cost $ 1,980.00
Sub-Total for TPW Construction Fees $ 38,210.40
Total Construction Fees: $ 54,435.32
Choice
Financial Guarantee Options,choose one Amount Mark one
Bond=100% $ 1,034,199.98
Completion Agreement=100%/Holds Plat $ 1,034,199.98
Cash Escrow Water/Sanita Sewer=125% $ 507,028.73
Cash Escrow Paving/Storm Drain=125% $ 785,721.25
Letter of Credit=125%w/2 r expiration period $ 1,292,749.98
ACCORDINGLY, the City of Fort Worth and Developer have each caused this instrument to be
executed in quadruplicate in each entity's respective name by its duly authorized signatories effective as
of the date executed by the City's City Manager or his/her designee.
CITY OF FORT WORTH Date: /)- . / " /T
Recommended by:
Jesus J. Cha a
Assistant City Manager
Wendy Chi-B bulal, EMBA, P.E.
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 9 of 12
Development Engineering Manager DEVELOPER
Water Department WALTON DEVELOPMENT &
MANAGEMENT TX, LLC,
a Delaware limited liability company, in its
capacity
as Developer on behalf of WM CTR Sub,
Douglas
)Wiersig, P.E. 0 LP, the Owner
Director of the Project, pursuant to that certain Lot
Transportation &Public Works Department Development
Agreement dated September 8, 2014
Approved as to Form. &Legality: By:
John Vick, President
Douglas W. Black
Assistant City Attorney ATTEST: (Only if required by Developer)
M&C No.
Date:
Signature
Name:
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ATTEST:
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Mary J. Kayser
City Secretary
(WF"11 COAL RECORD
City of Fort Worth,Texas S E C R E"IrA,RY
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015 IffiGHFUH, TX
Page 10 of 12
Check items associated with the project being undertaken; checked items must be
included as Attachments to this Agreement
Included Attachment
Attachment 1 - Changes to Standard Community Facilities Agreement
f� Location Map
Exhibit A: Water Improvments
Water Cost Estimate
Exhibit A-1: Sewer Improvements
Sewer Cost Estimate
Exhibit B: Paving Improvements
I� Paving Cost Estimate
Exhibit B-1: Storm Drain Improvements
{� Storm Drain Cost Estimate
Exhibit C: Street Lights and Signs Improvements
Street Lights and Signs Cost Estimate
(Remainder of Page Intentionally Left Blank)
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 11 of 12
ATTACHMENT"1"
Changes to Standard Agreement
Community Facilities Agreement
City Project No. 02625
None
City of Fort Worth,Texas
Standard Community Facilities Agreement
CFA Official Release Date: 07.30.2015
Page 12 of 12
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