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HomeMy WebLinkAboutIR 9926 INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 9926 To the Mayor and Members of the City Council August 23, 2016 r� Page 1 of 1 �i �i7 Y *a SUBJECT: AMENDMENT TO ENHANCED COMMUNITY FACILITIES rrn AGREEMENT WITH BELL HELICOPTER TEXTRON, INC., TO EXTEND THE COMPLETION DEADLINE FOR THE RECONSTRUCTION OF NORWOOD DRIVE On December 18, 2012, (M&C C-26027) City Council approved execution of an Enhanced Community Facilities Agreement (ECFA) with Bell Helicopter for reimbursement in an amount up to $1,770,000.00 of the actual expenditures for the Project, including any curb, gutter, valley gutter, and sidewalk. Funding for this reimbursement will be $1 ,000,000.00 from 2007 Critical Capital Program ECFA Funds and the amount of$770,000.00 from Transportation Impact Fees. On February 17, 2015 (M& C C-27187), the City Council amended M&C C-26027 to increase the scope and costs related to the Enhanced Community Facilities Agreement with Bell Helicopter for the reconstruction of Norwood Drive, and to extend the completion deadline for the project from September 30, 2015 to December 30, 2015 to account for additional improvements. Since that time, Bell's contractor, CD Builders, has encountered extensive delays, in part due to difficulties in the relocation of a utility pole by AT&T at SH10 and Norwood Drive. Due to these unanticipated delays, Staff recommends that the Agreement be amended to change the completion deadline from December 30, 2015 to December 30, 2016. Staff will place an M&C for City Council consideration on the August 30, 2016 agenda. If you have any questions concerning this information, please contact Robert Sturns, Economic Development Director at 817-212-2663 or robert.sturns@fortworthtexas.gov. David Cooke City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS