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HomeMy WebLinkAboutContract 45368-R2 CITY SECRETARY CONTRACT NO. ' ,cECtiWATE OF TEXAS § § Second Renewal of Interlocal Agreement JUN '206 § Court Order No. 117093, CSC #45368 ,ir WUNTY OF TARRANT § Project: South Main BACKGROUND 1. Tarrant County (''COUNTY'S and the City of Fort Worth C'CITY'� entered into an Interlocal Agreement approved by Tarrant County Commissioners Court Order No. 115278, for the cooperative funding of improvements to South Main Street ("Project') as described in the 2006 Tarrant County Bond Program. 2. The COUNTY and CITY subsequently renewed that Interlocal Agreement 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 Second Renewal. 3. All terms and conditions of the original Interlocal Agreement and subsequent amendments remain in effect except to the extent modified by this Second Renewal. APPROVED on this day the day of , 201V, by Tarrant County. Commissioners Court Order No. TARRANT COUNTY STATE OF TEXAS CITY County Judge B filch Whi+Nlc� Signature �. OFFICIAL RECORD Interlocal Agreement Transportation Bond 2006-2007 CITY SECREMPYj FT.WORTH,TX APP E AS TO FORM., APPROVED AS TO FORM AND CONTENT., Crimina istrict Attorney's Office* City Attorney *By law, the Criminal District Attorney's Office may only approve contracts for its 8 � clients. We reviewed this document as to form from our client's legal perspective. l y Other parties may not rely on this approval. Instead those parties should seek contractffy J. S r ivy8 �° review from independent counsel. CER TIFICA TION OF A VAILABLE FUNDS IN THE AMOUNT OF Certification of Funds Available as follows: Fiscal year ending September 30, 2013 $ Fiscal year ending September 30, 2014 $ Fiscal year ending September 30, 2015 $ Fiscal year ending September 30, 2016 $370,000 All future years funding is contingent on future debt issuance and renewal of this contract Fiscal year ending September 30, 2017 $370,000 --------------------------------- $740,000** � A O Auditor's Office **Project funded with Precinct 1 discretionary bond funds OFFICIAL RECORD ATTACHMENT A CITY SECRETARY FT.WORTH,TX Interlocal Agreement Transportation Bond 2006-2007 Pa_e 2 _ Project Information City: City of Fort Worth Project Name: South Main Street Reconstruction Proposed Project Schedule Start Date Duration(mo) End Date Design: - - - ROW Acquisition: - - - Utility Relocation: - - - Construction: Mar-2015 20 Dec-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: $ Constiuction: $740,000 County Funding Total: $740,000 Proposed County Payment by Calendar Quarter (SUBJECT TO CHANGE) 1 st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2010 $ $ $ 2011 $ $ $ $ 2012 $ $ $ $ 2013 $ $ $ $ 2014 $ $ $ $ 2015 $ $ $ $ 2016 $ $ $370,000 $370,000 2017 $ $ $ $ 2018 $ $ $ $ 2019 $ $ $ $ Interlocal Agreement Transportation Bond 2006-2007 Page 3