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HomeMy WebLinkAboutContract 44513-R3 CITY SECRETA q CONTRACT NO. UUP I TAT TEXAS § § Third Renewal of Interlocal Agreement § Court Order No. 115277, CSC #44513 NTY OF TARRANT § Project: East Rosedale—TWU Campus BACKGROUND 1. Tarrant County ("COUNTY'S and the City of Fort Worth ("CITY') entered into an Interlocal Agreement approved by Tarrant County Commissioners Court Order No. 115277, for the cooperative funding of improvements to East Rosedale Street near the Texas Wesleyan University campus in Fort Worth ("Project's as described in the 2006 Tarrant County Bond Program. 2. The COUNTY and CITY subsequently renewed that Interlocal Agreement two times, the most recent renewal occurring on April 7, 2015, for fiscal year 2015 under Tarrant County Commissioners Court Order No. 119839. 3. The Project is incomplete and the parties desire to renew the Interlocal Agreement for the 2016 Fiscal Year. Therefore, the COUNTY and CITY agree to the following: 1. The COUNTY and the CITY renew the Interlocal Agreement for the COUNTY's 2016 Fiscal Year, with the Interlocal Agreement expiring September 30, 2016, or upon completion of the Project as determined by the COUNTY, whichever occurs sooner. 2. The COUNTY and CITY agree to the revised payment schedules attached to this Third Renewal. 3. All terms and conditions of the original Interlocal Agreement and subsequent amendments remain in effect except to the extent modified by this Third Renewal. APPROVED on this day the _10r day of� , 20 M, by Tarrant County. Commissioners Court Order No. 3745 TARRANT COUNTY STATE OF TEXAS CITY County Judge g.C11tY1 VAh► Signature Interlocal Agreement Transportation Bond 2006-2007 t)FFIC%gCOR® CITY SECRETARY FT. MOR THS T9 APPROVED A FORM; APPROVED AS TO FORM AND CONTENT-- Criminal Distri Att �Off City Attorney l ; *By law, the Criminal District Attorney's -V� 0� F Office may only approve contracts for its t9 t i' Ht4 c G- clients. We reviewed this document as to map °b AV form from our client's legal perspective. V_g $ Other parties may not rely on this �C approval. Instead those parties should A b lam , o°$ •� seek contract review from independent y ,' °°°n°00°°°°° , counsel. S M J. I� >I crotary CERTIFICA TIONOF A VAILABLE FUNDS IN THE AMOUNT OF $ 3zs 499&--d Certification of Funds Available as follows: Fiscal year ending September 30, 2012 $ Fiscal year ending September 30, 2013 $ Fiscal year ending September 30, 2014 $ Fiscal year ending September 30, 2015 $117,311 Fiscal year ending September 30, 2016 $325,689 --------------------------------- $443,000 Auditor's Office OFFICIAL RECORD CITY SECRETARY Interlocal Agreement Transportation Bond 2006-2007 P�g61M,RTHI TX ATTACHMENT A Project Information City: City of Fort Worth Project Name: Reconstruction of East Rosedale—TWU Campus Proposed Project Schedule Start Date Duration(mo) End Date Design: - - - ROW Acquisition: - - - Utility Relocation: - - - Construction: Mar-2014 25 Apr-2016 * COUNTY payments by completed phase are contingent upon the COUNTY'S reasonable determination that the work regarding the project phase for which payment is expected is successfully completed, as determined by the COUNTY. COUNTY plans to issue debt for all phases of this project, therefore payment remains contingent on debt issuance in accordance with applicable law. Once Construction commences, COUNTY payment shall be made by fiscal quarter prorated over the life of the construction but contingent upon reasonable progress in construction as may be determined by the COUNTY. Proposed County Payment by Phase Design: $ ROW Acquisition: $ Utility Relocation: $ Construction: $443,000 County Funding Total: $443,000** Proposed County Payment by Calendar Quarter(SUBJECT TO CHANGE) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2007 $ $ $ 2008 $ $ $ $ 2009 $ $ $ $ 2010 $ $ $ $ 2011 $ $ $ $ 2012 $ $ $ $ 2013 $ $ $ $ 2014 $ $ $ $ 2015 $ $117,311 $ $77,666.30 2016 $ $248,022.70 $ $ ** Includes$68,000 of additional discretionary funding Interlocal Agreement Transportation Bond 2006-2007 Page 3