HomeMy WebLinkAboutContract 51627 Received Date: 12/10/2018
Received Time: 12:43 p.m.
Developer and Project Information Cover Sheet:
Developer Company Name: 800 McPherson Partners,LLC
Address, State,Zip Code: 600 Summit Ave,Fort Worth,TX,76102
Phone&Email: 817-377-2900,
Authorized Signatory, Title: Robert H. Barham ,President
Project Name: Brook Meadow
Brief Description: Water, Sewer,Paving, Storm Drain, Street Lights
Project Location: 800 McPherson Blvd.Fort Worth TX, 76140
Plat Case Number: None Plat Name: None
Mapsco: None Council District:
CFA Number: 2018-052 City Project Number: 101556
OFFICIAL RECORD
CITY SECRETARY
City of Fort Worth,Texas FT. WORTH,TX
Standard Community Facilities Agreement-Brook Meadow
C11A Official Release Date:02.20.2017
Pa e1of11
STANDARD COMMUNITY FACILITIES AGREEMENT
THE STATE OF TEXAS § City Secretary
COUNTY OF TARRANT § Contract No. 51627
WHEREAS, 800 McPherson Partners, 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 Brook Meadow ("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
WHEREAS,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 I1, 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
further acknowledges that said acceptance process requires the Developer's contractor(s)
City of Fort Worth,Texas ..
Standard Community Facilities Agreement-Brook Meadow �F��CRA�RECORD
CFA Official Release Date:02.20.2017
Page 2 of 11 CITY SECRETARY
FT,WORTH,TX
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) N, . Sewer(A-1)Q, Paving(B) 0, Storm Drain (13-1) 14- Street Lights & Signs
(C) .
E. The Developer shall award all contracts for the construction of the Improvements in
accordance with Section II,paragraph 7 of the Policy and the contracts shall be administered
in conformance with paragraph 8, Section II, 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 maintenance
bond. All bonds to be furnished before work is commenced and to meet the
requirements of Chapter 2253, Texas Government Code.
City of Fort Worth,Texas
Standard Community Facilities Agreement-Brook Meadow
CFA Official Release Date:02.20.2017
Page 3 of 11
iii. To require the contractor(s) it hires to perform the construction work contemplated
herein to provide insurance equal to or in excess of the amounts required by the
City's standard specifications and contract documents for developer-awarded
infrastructure construction contracts. The City shall be named as additional insured
on all insurance required by said documents and same will be evidenced on the
Certificate of Insurance (ACORD or other state-approved form) supplied by the
contractor's insurance provider and bound in the construction contract book.
iv. 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.
V. 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.
vi. 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.
City of Fort Worth,Texas
Standard Community Facilities Agreement-Brook Meadow
CFA Official Release Date:02.20.2017
Page 4 of 11
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.
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 alleged negligence 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 alleged negligence 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.
City of Fort Worth,Texas
Standard Community Facilities Agreement-Brook Meadow
CFA Official Release Date:02.20.2017
Page 5 of 11
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:
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
City of Fort Worth,Texas
Standard Community Facilities Agreement-Brook Meadow
CFA Official Release Date:02.20.2017
Page 6 of 11
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
and/or suppliers may put a lien upon the property which is the subject of the
Completion Agreement.
Q. Developer acknowledges that in accordance with Chapter 2270 of the Texas Government
Code,the City is prohibited from entering into a contract with a company for goods or services
unless the contract contains a written verification from the company that it: (1) does not
boycott Israel; and (2) will not boycott Israel during the term of the contract. The terms
"boycott Israel" and "company" shall have the meanings ascribed to those terms in Section
808.001 of the Texas Government Code. By signing this contract, Developer certifies that
Developer's signature provides written verification to the City that Developer: (1) does not
boycott Israel; and (2)will not boycott Israel during the term of the contract.
IMMIGRATION AND NATIONALITY ACT
R. Developer shall verify the identity and employment eligibility of its employees who perform
work under this Agreement, including completing the Employment Eligibility Verification
Form (I-9). Upon request by City, Developer shall provide City with copies of all I-9 forms
and supporting eligibility documentation for each employee who performs work under this
Agreement. Developer shall adhere to all Federal and State laws as well as establish
appropriate procedures and controls so that no services will be performed by any Developer
employee who is not legally eligible to perform such services. DEVELOPER SHALL
INDEMNIFY CITY AND HOLD CITY HARMLESS FROM ANY PENALTIES,
LIABILITIES, OR LOSSES DUE TO VIOLATIONS OF THIS PARAGRAPH BY
DEVELOPER, DEVELOPER'S EMPLOYEES, SUBCONTRACTORS, AGENTS, OR
LICENSEES. City, upon written notice to Developer, shall have the right to immediately
terminate this Agreement for violations of this provision by Developer.
Ci y of Fort Worth,Texas
Standard Community Facilities Agreement-Brook Meadow
A Official Release Date:02.20.2017
Page 7 of 11
Cost Summary Sheet
Project Name: Brook Meadow
CFA No.: 2018-052 City Project No.: 101556
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.
Items Developer's Cost
A. Water and Sewer Construction
1. Water Construction $ 173,394.25
2.Sewer Construction $ 163,478.50
Water and Sewer Construction Total $ 336,872.75
B. TPW Construction
1.Street $ 329,034.75
2.Storm Drain $ 105,716.05
3.Street Lights Installed by Developer $ 65,010.00
4. Signals $ -
TPW Construction Cost Total $ 499,760.80
Total Construction Cost(excluding the fees): $ 836,633.55
Construction Fees:
C. Water/Sewer Inspection Fee(2%) $ 6,737.46
D. Water/Sewer Material Testing Fee(2%) $ 6,737.46
Sub-Total for Water Construction Fees $ 13,474.92
E. TPW Inspection Fee(4%) $ 17,390.03
F. TPW Material Testing(2%) $ 8,695.02
G. Street Light Inspsection Cost $ 2,600.40
H. Signals Inspection Cost $ -
H. Street Signs Installation Cost $
Sub-Total for TPW Construction Fees $ 28,685.45
Total Construction Fees: $ 42,160.37
Choice
Financial Guarantee Options,choose one Amount Mark one
Bond=100% $ 836 633.55
Completion Agreement= 100%/Holds Plat $ 836 633.55 x
Cash Escrow Water/Sanitary Sewer-125% $ 421,090.94
Cash Escrow Paving/Storm Drain=125% $ 624,701.00
Letter of Credit=125%w/2yr expiration period $ 1,045,791.94
City of Fort Worth, Texas
Standard Community Facilities Agreement-Brook Meadow
CFA Official Release Date: 02.20.2017
Page 8of11
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 DEVELOPER
800 McPherson Partners,LLC
Jesus J.Chapa(Dec 7,2018)
Jesus J. Chapa
Assistant City Manager Robert H.Barham(Dec 6,2018)
Date: Dec 7,2018
Name: Robert H. Barham
Recommended by: Title: President
Y lux Date: Dec 6,2018
Evelyn Robe (Dec 7,2018)
Evelyn Roberts/Jennifer Ezernack
Project Assistant
Planning and Development Contract Compliance Manager:
By signing, I acknowledge that I am the
person responsible for the monitoring and
Approved as to Form &Legality: administration of this contract, including
ensuring all performance and reporting
&4apd,4 A(chal/ke& requirements.
Richard A.McCracken(Dec 7,2018)
Richard A. McCracken _ 3�--
Assistant City Attorney Jennifer Ezernack on behalfof(Dec 7,2018)
M&C No. N/A Name: Janie Morales
Date: Title: Development Manager
Form 1295: N/A
ATTEST:
Awry J.Kayser(Dec 30,2018)
Mary J. Kayser/Ronald Gonzales
City Secretary/Assistant City Secretary
City of Fort Worth,Texas
Standard Community Facilities Agreement-Brook Meadow
Cflk Official Release Date:02.20.2017
Pa e9of11
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
Location Map
Exhibit A: Water Improvements
Exhibit A-1: Sewer Improvements
® Water and Sewer Cost Estimates
Exhibit B: Paving Improvements
Paving Cost Estimate
f� Exhibit 13-1: Storm Drain Improvements
Storm Drain Cost Estimate
oExhibit 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-Brook Meadow
CFA Official Release Date:02.20.2017
Page 10 of 11
ATTACHMENT"1"
Changes to Standard Agreement
Community Facilities Agreement
City Project No. 101556
None.
Cit f ofFort Worth,Texas
Sta nidard Community Facilities Agreement-Brook Meadow
CF k Official Release Date:02.20.2017
pate 11 of 11
00 42 43
DAP-BID PROPOSAL
Peg.I of 3
SECTION 00 42 43
Developer Awarded Projects-PROPOSAL FORM
UNIT PRICE BID Bidder's Application
Project Item Information Bidders Proposal
Bidlist Item Unit of Bid
No Description Specification Section No. Measure Quantity Unit Price Bid Value
UNIT I:WATER IMPROVEMENTS
1 3305.0109 Trench Safety 33 05 10 LF 1997 $0.25 $499.25
2 3311.0001 Ductile Iron Water Fittings w/Restraint 3311 11 TN 0.8 $4,500.00 $3,600.00
3 3311.0261 8"PVC Water Pipe 33 11 10,33 11 12 LF 1997 $35.00 $69,895.00
4 3312.0001 Fire Hydrant 33 12 40 EA 5 $4,200.00 $21,000.00
5 3312.0106 Connection to Existing 16"Water Main 33 12 25 EA 2 $4,000.00 $8,000.00
6 3312.2003 1"Water Service 33 12 10 EA fi0 $950.00 $57,000.00
7 3312.3003 8"Gate Valve 33 12 20 EA 5 $1,250.00 $6,250.00
8 3312.4112 16"x8"Tapping Sleeve 8r Valve 33 12 25 EA 2 $2,500.00 $5,000.00
9 9999.1001 1"Irrigation Service 33 12 10 EA 1 $950.00 $950.00
10 9999.1003 4"Sch.80 Irrigaiton Sleeve 33 11 10,33 11 12 LF 60 $20.00 $1,200.00
TOTAL UNIT I:WATER IMPROVEMENTS $173,394.25
UNIT It:SANITARY SEWER IMPROVEMENTS
1 3301.0002 Post-CCN Inspection 3301 31 LF 1901 $2.00 $3,802.00
2 3301.0101 Manhole Vacuum Testing 3301 30 EA 9 $150.001 $1,350.00
3 3305.0109 Trench Safety 33 05 10 LF 1901 $1.001 $1,901.00
4 3305.0113 Trench Water Stops 33 05 15 EA 3 $250.00 $750.00
5 3305.1002 16"Casing By Open Cut 33 05 22 LF 30 $120.00 $3,600.00
6 3305.3002 8"Sewer Carrier Pipe 33 05 24 LF 30 $60.00 $1,800.00
7 3331.3101 4"Sewer Service 3331 50 EA 60 $650.00 $39,000.00
8 13331.4115 8"Sewer Pipe 33 11 10,33 31 12,33 31 20 LF 1802 $40.00 $72,080.00
9 3331.4116 8"Sewer Pipe,CSS Backfill 33 11 10,33 31 12,33 31 20 LF 69 $50.00 $3,450.00
10 3339.1001 4'Manhole 33 39 10,33 39 20 EA 9 $3,400.00 $30,600.00
11 3339.1003 4'Extra Depth Manhole 33 39 10,33 39 20 VF 14.3 $185.00 $2,645.50
12 9999.2001 Connect to Existing Manhole by Coring 33 39 10,33 39 20 EA 1 $2,500.00 $2,500.00
TOTAL UNIT It:SANITARY SEWER IMPROVEMENTS $163,478.50
-L-AX119kV,
Danny McFadden
CITY OF FORT WORTH Brook Mello'
STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS City Project No.101556
Form Verson February 16,2018 00 42 43 Bid Proposal DAP.xIs
00 42 43
DAP-BID PROPOSAL
Page 2 of 3
SECTION 00 42 43
Developer Awarded Projects-PROPOSAL FORM
UNIT PRICE BID Bidder's Application
Project Item Information Bidders Proposal
Bidlist Item Unit of Bid
No. Description Specification Section No. MeasureQuantityUnit Price Bid Value
UNIT III:DRAINAGE IMPROVEMENTS
1 3125.0101 SWPPP 2 1 Acres 31 2500 LS 1 $16,600.00 $16,600.00
2 3137.0104 Medium Stone Riprap,dry 31 3700 SY 59 $95.00 $5,605.00
3 3341.0205 24"RCP,Class III 3341 10 LF 58 $65.00 $3,770.00
4 3341.0302 30"RCP,Class 111 3341 10 LF 23 $75.00 $1,725.00
5 3341.0309 36"RCP,Class III 3341 10 LF 234.03 $95.00 $22,232.85
6 13341.0409 48"RCP,Class III 3341 10 LF 108.16 $145.00 $15,683.20
7 13349.0001 4'Storrs Junction Box 33 49 10 EA 2 $4,500.00 $9,000.00
8 13349.0002 5'Storm Junction Box 33 49 10 EA 1 $5,500.00 $5,500.00
9 3349.0003 6'Storm Junction Box 33 49 10 EA 1 $6,500.00 $6,500.00
10 3349.3011 48"Straight Headwall,1 pipe 33 49 40 EA 1 $5,500.00 $5,500.00
11 3349.5001 10'Curb Inlet 33 49 20 EA 4 $3,400.00 $13,600.00
TOTAL UNIT 111:DRAINAGE IMPROVEMENTS $105,716.05
UNIT IV:PAVING IMPROVEMENTS
1 3201.0122 5'Wide Asphalt Pvmt Repair,Arterial 3201 17 LF 48 $30.001 $1,440.00
2 3211.0212 6"Flexible Base,Type B,GR-2 3211 23 SY 633 $22.00 $13,926.00
3 3211,0400 Hydrated Lime 3211 29 TN 127 $185.00 $23,495.00
4 3211.0501 6"Lime Treatment _ 32 11 29 SY 7019 $3.25 $22,811.75
5 3212.0302 2"Asphalt Pvmt Type D 32 12 16 SY 605 $14.00 $8,470.00
6 3213.0101 6"Conc Pvmt 32 13 13 SY 6587 $38.00 $250,306.00
7 3213.0301 4"Conc Sidewalk 32 13 20 SF 1288 $3.25 $4,186.00
8 3213.0501 Barrier Free Ramp,Type R-1 32 13 20 EA 2 $1,200.00 $2,400.00
9 3213.0504 Barrier Free Ramp,Type M-2 32 13 20 EA 1 $1,300.00 $1,300.00
10 9999.4001 3/8"Steel Plate Flume Crossing SF 35 $20.00 $700.00
TOTAL UNIT IV:PAVING IMPROVEMENTS $329,034.75
UNIT V:STREET LIGHTING IMPROVEMENTS
1 2605.2101 Conduit Box 26 05 33 EA 9 $500.00 $4,500.00
2 2605.3015 2"CONDT PVC SCH 80(T) 26 05 33 LF 544 $12.00 $6,528.00
3 3441.1408 NO 6 Insulated Elec Condr 3441 10 LF 1632 $1.00 $1,632.00
4 3441.1638 Install Type 33 B Arm 34 41 20 EA 9 $400.00 $3,600.00
5 3441.3201 LED Lighting Fixture 344126-- EA 9 $600.00 $5,400.00
6 3441.3301 Rdwy Illum Foundation TY 1,2,and 4 3441 20 EA 9 $1,200.00 $10,800.00
7 3441.3341 Rdwy Illum TY 11 Pole _ 3441 20 EA 9 $2,400.00 $21,600.00
8 3441.4003 Furnish/Install Alum Sign Ground Mount City Std. 3441 30 EA 7 $750.00 $5,250.00
9 3441.4004 Fumish/Install Alum Sign Ex Pole Mount 3441 30 EA 2 $350.00 $700.00
10 3471.0001 Traffic Control 3471 13 MO 1 $2,500.00 $2,500.00
11 9999.5001 Street Name Sign Blades 3441 30 EA 10 $250.00 $2,500.00
TOTAL UNIT V:STREET LIGHTING IMPROVEMENTS $65,010.00
UNIT VI:TRAFFIC SIGNAL IMPROVEMENTS
TOTAL UNIT VI:TRAFFIC SIGNAL IMPROVEMENTS
I
i
Danny McFadden
CITY IDF FORT WORTHBrook Meadow
STAIDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS City
Project No.101556
Foram eteiaa Felxuoy 16,2018 0042 43 Bid Propoad_DAP.xIs
004341
DAP-DIDPROPOSAL
Pep 3 era
SECTION 00 42 43
DeveloW Awarded ProJecle-PROPOSAL FORM
UNIT PRICE BID Bidder's Application
Project Item Information Bidders Proposal
Bidlist Item Unit of Hid
Description Specification Section No. Measure Quantity Unit Price Hid Value
Did Summary
UNIT I:WATER IMPROVEMENTS 5173,394.26
UNIT It SANITARY SEWER IMPROVEMENTS $$163,478.60
UNIT III:DRAINAGE IMPROVEMENTS $106,716.05
UNIT IV:PAVING IMPROVEMENTS $329,034.75
UNIT V.STREET LIGHTING IMPROVEMENTS $86,010.00
UNIT VI:TRAFFIC SIGNAL IMPROVEMENTS
Total Contraction Did f836,633.551
This Bid is submitted by the entity named below:
BIDDER: BY:Brock H gins
CONATSER CONSTRUCTION TX,L.P.
5327 Wichita Street
Fort Worth,TX 761I9 TITLFA President
DATE-
Contractor agrees to complete(YORK for FINAL ACCEPTANCE j 120 ealendar days after the dale when the
CONTRACT commences to run as prodded in the General
END OF SECTION
i
Danny McFadden
CITY OF FORT WORTH D,-k Msedow
STANOARD CONSTRUC TION WE':
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INADVERTENTLY ALTERED. RELY ONLY ON FINAL HARDCOPY MATERIALS BEARING THE CONSULTANTS ORIGINAL SIGNATURE AND SEAL
No Comments MH 5/29/18
LANNIE V. KNIGHT LOT 1, BLOCK 1 MICHAEL ANTHONY PHILLIPS et ux
INSTRUMENT NUMBER SOUTH FORT WORTH INSTRUMENT NUMBER
VOLUME 10226, PAGE 996 BAP FEttO D200137866
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THIS DOCUMENT HAS BEEN PRODUCED FROM MATERIAL THAT WAS STORED AND/OR TRANSMITTED ELECTRONICALLY AND MAY HAVE BEEN
INADVERTENTLY ALTERED. RELY ONLY ON FINAL HARDCOPY MATERIALS BEARING THE CONSULTANT'S ORIGINAL SIGNATURE AND SEAL
NO COMMENTS MH 8/27/18
LANNIE V. KNIGHT LOT 1, BLOCK 1 MICHAEL ANTHONY PHILLIPS et ux
INSTRUMENT NUMBER SOUTH FORT WORTH INSTRUMENT NUMBER
VOLUME 10226, PAGE 996 BAT FEttO D200137866
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THIS DOCUMENT HAS BEEN PRODUCED FROM MATERIAL THAT WAS STORED AND/OR TRANSMITTED ELECTRONICALLY AND MAY HAVE BEEN
INADVERTENTLY ALTERED. RELY ONLY ON FINAL HARDCOPY MATERIALS BEARING THE CONSULTANTS ORIGINAL SIGNATURE AND SEAL
No Comments MH 5/29/18
LANNIE V. KNIGHT LOT 1, BLOCK 1 MICHAEL ANTHONY PHILLIPS at ux
INSTRUMENT NUMBER SOUTH FORT WORTH INSTRUMENT NUMBER
VOLUME 10226, PAGE 996 BATEST FSO D2DO137866
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INADVERTENTLY ALTERED. RELY ONLY ON FINAL HARDCOPY MATERIALS BEARING THE CONSULTANTS ORIGINAL SIGNATURE AND SEAL
LANNIE V. KNIGHT LOT 1, BLOCK 1 MICHAEL ANTHONY PHILLIPS at ux
INSTRUMENT NUMBER SOUTH FORT WORTH INSTRUMENT NUMBER
VOLUME 10226, PAGE 996 TISK FEt:O D200137866
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THIS DOCUMENT HAS BEEN PRODUCED FROM MATERIAL THAT WAS STORED AND/OR TRANSMITTED ELECTRONICALLY AND MAY HAVE BEEN
INADVERTENTLY ALTERED. RELY ONLY ON FINAL HARDCOPY MATERIALS BEARING THE CONSULTANT'S ORIGINAL SIGNATURE AND SEAL
LANNIE V. KNIGHT LOT 1, BLOCK 1 MICHAEL ANTHONY PHILLIPS et ux
INSTRUMENT NUMBER SOUTH FORT WORTH INSTRUMENT NUMBER
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THIS D#MENT HAS BEEN PRODUCED FROM MATERIAL THAT WAS STORED AND/OR TRANSMITTED ELECTRONICALLY AND MAY HAVE BEEN
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LANNIE V. KNIGHT LOT 1, BLOCK 1 MICHAEL ANTHONY PHILLIPS et ux
INSTRUMENT NUMBER SOUTH FORT WORTH INSTRUMENT NUMBER
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U 6500 WEST FWY,STE 700 1 FORT WORTH,TX 76116 1 817.870.3668
++ y SHEET 6 O F 7 FORT WORTH, TEXAS TE AS BOARD OF PROFESSIONAL ENGINEERS,FIRM REGISTRATION 4470
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THIS DOCUMENT HAS BEEN PRODUCED FROM MATERIAL THAT WAS STORED AND/OR TRANSMITTED ELECTRONICALLY AND MAY HAVE BEEN
INADVERTENTLY ALTERED. RELY ONLY ON FlNAL HARDCOPY MATERIALS BEARING THE CONSULTANT'S ORIGINAL SIGNATURE AND SEAL
LANNIE V. KNIGHT LOT 1, BLOCK 1 MICHAEL ANTHONY PHILLIPS at ux
INSTRUMENT NUMBER SOUTH FORT WORTH INSTRUMENT NUMBER
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THIS DOCUMENT HAS BEEN PRODUCED FROM MATERIAL THAT WAS STORED AND/OR TRANSMITTED ELECTRONICALLY AND MAY HAVE BEEN
cq DtiUTENTLr ALTERED. RELY ONLY ON FINAL HARDCOPY MATERIALS BEARING THE CONSULTANT`S ORIGINAL SIGNATURE AND SEAL
COMPLETION AGREEMENT—LENDER FUNDED
This Completion Agreement("Agreement)is made and entered into by and among the City
of Fort Worth ("City"), and 800 McPherson Partners, LLC, a Texas limited liability company
("Developer"), and Simmons Bank ("Lender"), effective as of the date subscribed by the City's
City Manager or Assistant City Manager. The City, the Developer and the Lender are hereinafter
collectively called the "Parties".
WITNESSETH:
WHEREAS, the Developer owns that certain tract of real property that contains
approximately 11.96 acres that is located in the City, the legal description of which tract of real
property is marked Exhibit "A" -Legal Description, attached hereto and incorporated herein for
all purposes ("Property"); and
WHEREAS, the Developer intends to develop the Property as an addition to the City
through plat FP-18-017; and
WHEREAS, the Developer and the City have entered into a Community Facilities
Agreement relating to the development of Brook Meadow("CFA"); and
WHEREAS, the City has required certain assurances of the availability of funds to
complete the water and sewer utilities,streets/paving,storm drain,street lights and street signs for
the development of the Property ("Improvements"), and
WHEREAS, in order to provide such assurances as have been required by the City, the
Lender has agreed to advance certain funds to the City for Hard Costs (which term is hereinafter
defined)subject to,and in accordance with,the terms,provisions and conditions of this Agreement;
and
WHEREAS, the Developer has granted to the Lender as additional security for the Loan
(which term is hereinafter defined) a security interest in all plans and specifications for the
development of the Property(collectively,the "Plans"); and
WHEREAS, the Parties desire to set forth the terms and conditions of such
accommodations as are described above.
NOW THEREFORE,for and in consideration of the benefits to be derived from the mutual
observance by the Parties of the terms and conditions hereof, and for and in consideration of Ten
City of Fort Worth,Texas
Standard Completion Agreement—Lender-Funded
CFA Official Release Date:07.01.2015
Page 1 of 14
Dollars($10.00) and other good and valuable consideration, the receipt, adequacy and sufficiency
of which are hereby acknowledged,the Parties agree as follows:
1. Recitals. The foregoing recitals are true, correct and complete and constitute the
basis for this Agreement and they are incorporated into this Agreement for all purposes.
2. The Completion Amount. The City and the Developer agree that the Hard Costs
required to complete the Improvements in the aggregate should not exceed the sum of eight
hundred thirty-six thousand six hundred thirty three dollars and fifty five cents ($836,633.55),
hereinafter called the "Completion Amount". Notwithstanding the foregoing, it is acknowledged
that the actual costs of completion of the Improvements may vary as a result of change orders
agreed to by the Parties, but such variances for the purposes of this Agreement shall not affect the
Completion Amount as used herein.
3. Adjustments to the Completion Amount. The Lender may from time to time make
advances to the Developer for the development of the Property under the development loan that
has been made by the Lender to the Developer for the purpose of financing the costs of constructing
the Improvements for the Property (the "Loan") subject to, and in accordance with, the terms,
conditions and provisions of the Loan Documents (which term is hereinafter defined) evidencing
and securing the Loan. Some of those advances shall be for Hard Costs as specified in the
"Approved Budget" relating to the Loan, a copy of which Approved Budget is marked Exhibit
"B", attached hereto and incorporated herein for all purposes, with the Hard Costs line items
highlighted. The term"Hard Costs" shall mean the actual costs of construction and installation of
the Improvements. To the extent that advances under the Loan are for the payment of Hard Costs,
the Completion Amount shall be deemed reduced, dollar for dollar. The Lender may withhold
statutory retainage from any advances under the Loan or pursuant to this Agreement. All such
retainage withheld, to the extent it is attributable to Hard Costs, shall also reduce the Completion
Amount dollar for dollar. All retainage withheld by the Lender for Hard Costs that are advanced
to the City pursuant to this Agreement shall be released to the City as provided in the Texas
Property Code upon expiration of the statutory retainage period.
4. Completion by the Developer. The Developer agrees to complete the
Improvements on or before the date for completion that is established in the Loan Documents plus
Ci of Fort Worth,Texas
S dard Completion Agreement—Lender-Funded
C Official Release Date:07.01.2015
Pale 2 of 14
thirty(30) days (the "Completion Date"), in accordance with the CFA, the Plans approved by the
Lender and the City and all documents evidencing or securing the Loan (collectively, the "Loan
Documents"). For the purposes of this Agreement, the development of the Property shall be
deemed complete upon acceptance by the City of the Improvements. The City shall promptly
notify the Lender and the Developer upon such acceptance.
5. Completion by the City. In the event that either: (A) the development of the
Property is not completed by the Completion Date for any reason whatsoever,or(B)the Developer
is in default under the Loan,then the Lender, at its sole option, may request the City to complete
development.The City may,at its sole option and at the cost and expense of the Developer,within
10 days from receipt of Lender's request, notify Lender that it will undertake to complete the
Improvements and the City shall then commence, pursue, and complete the Improvements in a
reasonably timely, diligent and workmanlike manner in accordance with the Plans, subject to the
terms of this Agreement. The Lender and the Developer agree that the City may use the Plans as
necessary to complete the Improvements.
If the City does not timely elect to complete the construction of the Improvements or if the
Lender does not request the City to complete construction of the Improvements, then the Lender
may at its election terminate this Agreement, or at its option, proceed to complete the
Improvements, or foreclose on any of its collateral, or take any and all such action as may be
provided under the Loan Documents.
6. Advance of Completion Costs to the City and Delivery of Hard Costs Collateral to
the Ci In the event the Lender has requested the City and the City has elected to complete the
Improvements,Lender shall transfer to the City all remaining undisbursed Hard Costs specified in
the Approved Budget within 10 days of the date that the City elected to complete and provided
Lender with written notice of such election.
The Developer hereby authorizes and instructs the Lender to make the transfer of any
remaining undisbursed Hard Costs specified in the Approved Budget to the City within 10 days of
notification that the City elects to complete the Improvements.
In the event the cost to complete the Improvements exceeds the moneys transferred to the
City, City shall notify Lender and Developer in writing of the need of additional funds. The
City of Fort Worth,Texas
Standard Completion Agreement—Lender-Funded
CFA Official Release Date:07.01.2015
Page 3 of 14
additional funds required to complete the Improvements shall be delivered to the City within 10
business days following notification to Lender and Developer. Failure to deliver the additional
funds shall relieve the City of the obligation to complete the Improvements, in which event City
shall use the Hard Costs funds in its possession to pay the contractor(s) all funds due it/them. Any
remaining undisbursed Hard Costs shall be returned to Lender within a reasonable time.
7. Completion by the Lender. The Lender may, at its discretion, but shall not be
obligated to, undertake to complete the Improvements if there is any default under any Loan
Documents in lieu of requesting the City to complete the Improvements. If the Lender elects to
complete the Improvements, any Hard Costs it expends shall, dollar for dollar, reduce the
Completion Amount.
8. Easements. In the event the City or the Lender undertakes the completion of the
Improvements, the Developer(and to the extent necessary the Lender) grants to the City and the
Lender open access to the Property and shall execute and deliver such temporary easements over
and across the entirety of the Property for the purpose of access and use for the completion of the
construction of the Improvements in accordance with this Agreement. To the extent requested by
the City and the Lender, written temporary construction easements in form acceptable to the City
and the Lender shall be executed by the Developer and filed of record. Nothing in this paragraph
shall reduce any rights of the Lender or obligations of the Developer under the Loan Documents.
9. Lender's Rights. Nothing in this Agreement shall affect any portion of the Lender's
collateral for the Loan or limit or impair the Lender's right to foreclose the same or deal with the
collateral as it elects in accordance with the Loan Documents.
10. Satisfaction of the City Requirements. The City agrees that the assurances and
covenants contained in this Agreement satisfy all requirements of the City with respect to
Developer's performance bond or other financial security in connection with the development of
the Property and the completion of the Improvements that are contained in the CFA or in any other
agreement relating thereto, and the City hereby accepts the assurances and covenants contained
herein in lieu thereof. To the extent the CFA irreconcilably conflicts with this Agreement, the
provisions of this Agreement shall control.
C' of Fort Worth,Texas
Standard Completion Agreement—Lender-Funded
CFA Official Release Date:07.01.2015
Page 4 of 14
11. Termination. This Agreement shall terminate upon the earlier to occur of the
following: (a) acceptance by the City of the Improvements; (b) mutual written agreement of
all of the Parties; or(c)the reduction of the Completion Amount to zero. However, release of the
plat shall be governed by paragraph 12 hereof and termination pursuant to (b) or (c) of this
paragraph 11 shall not require the City to release the plat.
12. Final Plat. The Parties acknowledge and agree that the City shall hold the final plat
of the Property until the Improvements are completed and accepted by the City and all Hard Costs
contractors have been paid, less retainage. Upon acceptance by the City and receipt of evidence
from the Developer showing that all Hard Costs contractors have been paid, including but not
necessarily limited to lien waivers and bills paid affidavits,the City shall within a reasonable time
file the final plat for the Property in the Plat Records of the county where the Property is located.
The purpose of the City retaining the final plat of the Property as provided herein is to guarantee
the Developer's obligations under the CFA are completed.
13. Construction Contracts. Developer agrees to include in each Construction contract
that it enters into for the completion of the Improvements the following:
a.A statement that the City is not holding any security to guarantee any payment for work
performed on the Improvements;
b. A statement that the Property is private property and that same may be subject to
mechanic's and materialman's liens;
c.A requirement that each contractor contracting with the Developer release the City from
any claim that is related to the Property of the Improvements; and
d. A requirement that each contractor contracting with the Developer include in each
subcontract the statements contained in a.,b.,and c. above.
14. Miscellaneous.
A. Non-Assignment of Agreement. This Agreement may not be assigned by any of the
Parties without the prior written consent of all the other Parties.
B. Notice. Any notice required or permitted to be delivered under this Agreement shall be
deemed received on actual receipt by the appropriate party at the following addresses:
(i) Notice to the City shall be addressed and delivered as follows:
City of Fort Worth,Texas
Standard Completion Agreement—Lender-Funded
CFA Official Release Date:07.01.2015
Page 5 of 14
City of Fort Worth
Planning and Development Department
1000 Throckmorton Street
Fort Worth,Texas 76102
Attention: CFA Division
Janie Morales, Development Manager
Email: Janie.Morales@fortworthtexas.gov
Confirmation Number: 817-392-7810
and/or
Attention: CFA Division
Email: cfa@fortworthtexas.gov
Confirmation Number: 817-392-2025
With a copy thereof addressed and delivered as follows:
Richard A. McCracken
Office of the City Attorney
City of Fort Worth
1000 Throckmorton Street
Fort Worth,Texas 76102
Confirmation Number: 817-392-7611
(ii) Notice to the Developer shall be addressed and delivered as follows:
800 McPherson Partners, LLC
Attn: Robert H. Barham
600 Summit Ave.
Fort Worth,Texas 76102
Email: rhb@barhaminterests.com
(iii) Notice to the Lender shall be addressed and delivered as follows:
Simmons Bank
Attn: Amanda Osburn
2200 W. 7h Street, Suite 112
Fort Worth,TX 76107
Email: Amanda.Osburn@simmonsbank.com
Cil of Fort Worth,Texas
Ste idard Completion Agreement—Lender-Funded
CF k Official Release Date:07.01.2015
P e6of14
A party may change its address for notice upon prior written notice to the other parties pursuant to
the terms hereof.
C. Texas Law to Apply. This Agreement shall be construed under and in accordance with the
laws of the State of Texas.
D. Parties Bound. This Agreement shall be binding upon and inure to the benefit of the Parties
and their respective legal representatives, successors and assigns.
E. Legal Construction. In case any one or more of the provisions contained in this Agreement
shall for any reason is held to be invalid, illegal, or unenforceable in any respect, such
invalidity, illegality, or unenforceability shall not affect any other provision of this
Agreement, and this Agreement shall be construed as if such invalid, illegal, or
unenforceable provision had never been contained in this Agreement.
F. Prior Agreements Superseded. This Agreement constitutes the sole and only agreement of
the Parties with respect to the subject matter hereof and supersedes any prior
understandings or written or oral agreements among the Parties concerning the subject
matter hereof; provided, however, that this Agreement shall not supersede, amend or
modify any of the Loan Documents or any portion thereof.
G. Amendment. This Agreement may only be amended by a written instrument executed by
all of the Parties to his Agreement.
H. Headings. The headings that are used in this Agreement are used for reference and
convenience purposes only and do not constitute substantive matters to be considered in
construing the terms and provisions of this Agreement.
(REMAINDER OF PAGE INTENTIONALLY LEFT BLANK)
City of Fort Worth,Texas
Standard Completion Agreement—Lender-Funded
CFA Official Release Date:07.01.2015
Page 7 of 14
ACCORDINGLY,the City of Fort Worth, Developer and Lender 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: DEVELOPER:
800 McPherson Partners, LLC
Jesus J.Chapa(Dec 7,2018) BY: Barham Interests,Inc.,Manager
Jesus J. Chapa
Assistant City Manager $
Robert H.Barham(Dec 6,2018)
Name: Robert H. Barham
Date:
Dec 7,2018 Title: President
Approved as to Form and Legality: Date: Dec 6,2018
Av%?hNNY,4 I GC-9,,A217
Richard A.McCracken(Dec 7,2018) LENDER:
Richard A. McCracken
Assistant City Attorney Simmons Bank
ATTEST: RT Amanda L.Osbum(Dec 7,2018)
O , Q Name: Amanda Osburn
OX Title: Senior Vice President
:
Ma;v T. Kayser } yy
Mary J.Kayser(Dec 10,2018) T
Mary J.Kayser �''.• Contract Compliance Manager
City Secretary .'GJ By signing I acknowledge that I am the
TP , person responsible for the monitoring and
M&C: administration of this contract, including
Date: ensuring all performance and reporting
requirements.
Jennifer Ezernack on behalf of(Dec 7,2018)
Janie S. Morales
Development Manager
^sv of Fort Worth,Texas
Standard Completion Agreement—Lender-Funded
CFA Official Release Date:07.01.2015
Page 8 of 14 OFFICIAL RECORD
CITY SECRETARY
FT.WORTH,TX
Robert H. Barham the Guarantor of the Development Loan, is executing this Completion
Agreement for the sole purpose of acknowledging that advances that are made by the Lender
pursuant to this Completion Agreement shall be deemed to be advances that are made under the
Loan that shall be subject to and covered by the Loan Documents and the Guaranty Agreement
that was executed by Robert H. Barham.
GUARANTOR
By: RobeIrt H.Barham(Dec 6,2018)
Name: Robert H. Barham
Brooks A. White the Guarantor of the Development Loan, is executing this Completion
Agreement for the sole purpose of acknowledging that advances that are made by the Lender
pursuant to this Completion Agreement shall be deemed to be advances that are made under the
Loan that shall be subject to and covered by the Loan Documents and the Guaranty Agreement
that was executed by Brooks A. White
GUARANTOR
8ralll&W
By: Brooks White(Dec 6,2018)
Name: Brooks A. White
James B. Haddock the Guarantor of the Development Loan, is executing this Completion
Agreement for the sole purpose of acknowledging that advances that are made by the Lender
pursuant to this Completion Agreement shall be deemed to be advances that are made under the
Loan that shall be subject to and covered by the Loan Documents and the Guaranty Agreement
that was executed by James B. Haddock.
GUARANTOR
Tymes BMaddooaddoo
By: James B Haddock(Dec 6,2018)
Name: James B. Haddock
City of Fort Worth,Texas
Standard Completion Agreement—Lender-Funded
CFA Official Release Date:07.01.2015
Page 9 of 14
i
Cit of Fort Worth,Texas
StEu Idard Completion Agreement—Lender-Funded
CFI L Official Release Date:07.01.2015
Pa#10 of 14
1
List of Exhibits to the Completion Agreement
Attachment 1 —Changes to the Standard Completion Agreement
Exhibit A- Legal Description
Exhibit B - Approved Budget
City of Fort Worth,Texas
Standard Completion Agreement—Lender-Funded
CFA Official Release Date:07.01.2015
Page 11 of 14
ATTACHMENT"1"
Changes to Standard Completion Agreement
Citj of Fort Worth,Texas
S dard Completion Agreement—Lender-Funded
CF Official Release Date:07.01.2015
Pag 12 of 14
EXHIBIT A
BEING A 11.96 acre tract of land situated in the Hiram Little Survey,Abstract Number 930,
being all of a tract of land described in the Warranty Deed with Vendor's Lien to Bonnie S.
Goree, recorded in Volume 6135, Page 993 of the Official Public Records of Tarrant County,
Texas (OPRTCT), said 11.96 acre tract being more particularly described as follows:
BEGINNING at a point for corner at the northwest corner of said Goree tract in County Road
1072 also known as McPherson Road (variable width right-of-way where road has been
dedicated), from which a found 1"pipe for reference bears South 00 degrees 48 minutes 02
seconds East, a distance of 25.00 feet;
THENCE North 89 degrees 34 minutes 59 seconds East,with the north line of said Goree tract, a
distance of 562.53 feet to point for corner at the northeast comer of said Goree tract;
THENCE South 00 degrees 47 minutes 24 seconds East,with the east line of said Goree tract,
passing at a distance of 25.00 feet a found 3/4" iron rod at the northwest corner of a called 3.0
acre tract of land described in the General Warranty Deed to Martin Mora et ux, recorded in
Instrument Number D208380100, OPRTCT, continuing with the east line of said Goree tract, a
total distance of 923.20 feet to a found 1/2" iron rod at the southeast corner of said Goree tract
and the northeast corner of a called 6.641 acre tract of land described as TRACT 2 in the
Warranty Deed with Vendor's Lien to Scott Grand Bloxom et ux, recorded in Instrument Number
D203203819, OPRTCT, from which a found 5/8" iron rod bears South 88 degrees 57 minutes 26
seconds West, a distance of 0.90 feet and from which a found 1/2" iron rod at the southwest
corner of said Mora tract bears North 00 degrees 47 minutes 24 seconds West, a distance of
146.92 feet;
THENCE South 88 degrees 57 minutes 26 seconds West,with the south line of said Goree tract
and the north line of said TRACT 2, a distance of 562.36 feet to a 6"metal post at the southwest
corner of said Goree tract and the northwest corner of said TRACT 2;
THENCE North 00 degrees 48 minutes 02 seconds West, with the west line of said Goree tract, a
distance of 929.35 feet to the POINT OF BEGINNING and containing 11.96 acres of land, or
529,073 square feet of land, more or less.
City of Fort Worth,Texas
Standard Completion Agreement—Lender-Funded
CFA Official Release Date:07.01.2015
Page 13 of 14
EXHIBIT B
APPROVED BUDGET
Section I
Water $173,394.25
Sewer $163,478.50
Subtotal $336,872.75
Section II
Interior Streets $329,034.75
Storm Drains $105,716.05
Subtotal $434,750.80
Section III
Street Lights $65,010.00
Sub-total $65,010.00
TOTAL $836,633.55
Ci of Fort Worth,Texas
Stat dard Completion Agreement—Lender-Funded
CF Official Release Date:07.01.2015
P 14 of 14