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HomeMy WebLinkAboutContract 34839 (2)�;i£�'1'' ��C��i��Y �ONTRACT N4. PROFESSIONAL SERVICES AGREEMENT This PROFESSIONAL SERVICE5 AGREEMENT ("Agreement") is made and entered into by and between the CITY OF FORT WORTH (the "City"), a home rule municipal corporation organized under the laws of the State of Texas, acting by and through Dale Fisseler, its duly authorized Assistant City Manager, and FORT WORTH PARTNERSHIP FOR COMMUNITY DEVELOPMENT ("Consultant"), a Texas corporation in good standing with the State of Texas, acting by and through John Avila, Jr., its duly authorized representative. 1. SCOPE OF SERVICES. l.l. Consultant's Services. Consultant hereby agrees to provide the City's Economic and Community Development Department ("ECD") and the Housing Department ("HD") with professional consulting services to assist certain Fort Worth community-based development organizations in providing comprehensive community economic development and diverse, focused activities that produce housing units and create and retain jobs, and completing other comprehensive projects that result in substantial, measurable improvements in the quality of life in low and moderate income neighborhoods of the City of Fort Worth , as more specifically set forth in E�ibit "A", attached hereto and hereby made a part of this Agreement for all purposes (collectively, the "Scope of Work"). The City and Consultant may change the Scope of Work by substituting an amended Exhibit "A", signed by both the City and Consultant, which shall then be attached to this Agreement and made a part of this Agreement for all purposes. 1.2. Citv's Duties. The City shall provide Consultant access on a reasonably timely basis to various City personnel for interviews, questions, consultation, document reviews and other forms of participation necessary to theScope of Work. The City shall also provide Consultant with reasonable facilities and equipment in order to allow Consultant to perform its duties and obligations under this Agreement when it is necessary for Consultant to be on-site. � ._f- � �, ;f � J�'., ): `; l�„� v J;;; G' � !';`I��,f ',�S.a. �� ���� ,;� p.la V� : L ..'S�i'1it,�1.,`��;jjt �6� ., ,. ,���p 5 ,,�. ' � I?I .� i i ',�!j; I, j' U l�.' � �. ..,:.-.�,.. � 1.3. Work Schedule. Within ninety (90) days following the Effective Date of this Agreement, as defined in Section 2, the City and Consultant shall complete a written work schedule applicable to the Scope of Work ("Work Schedule") for the Initial Contract Period. This Work Schedule shall establish timetables and milestones relating to and in accordance with each step or line item of work referenced in E�iibit "A" for the Initial Contract Period. Should the City and Consultant choose to renew the contract, the Consultant shall give to the City within thuty days (30) of the Renewal Date a revised work schedule related to the 12 month renewal period. 2. TERM. This Agreement shall commence as of the date of contract execution ("Effective Date") and shall continue in full force and effect for a term of twelve (12) months ("Initial Contract Period") thereafter unless terminated earlier in accordance with the provisions of this Agreement. Should the Consultant not complete the Scope of Work by the end of the Initial Contract Period, the City and Consultant can renew the contract by written consent of both parties up to two (2) additional twelve month terms, provided that the City has appropriated sufficient funds in its then-current fiscal year budget to pay Consultant. 3. COMPENSATION. Subject to the provisions of Section 4.2 of this Agreement, the City shall pay Consultant a sum not to exceed $250,000 ("Year 1 Funding Commitment") in twa installments, for services to be provided and expenses to be incurred in the carrying out and fulfillment of Consultant's duties and obligations under this Agreement for the Initial Contract Period. For the first installment, within fifteen (15) days following the Effective Date of the contract, the City agrees to pay the Consultant $75,000 for initial operating costs. For the second installment, within ninety (90) days following the Effective Date of this Agreement, as defined in Section 2, the Consultant shall submit to the City a request for payment that will include (i) the work schedule referred to in Section 1.3; (ii) a revised budget that shows how the Year 1 Funding commitment will be spent (Exhibit "B"), and (iii) evidence that sufficient financial controls and policies are in place to ensure adequate accountability and oversight on the expenditure of funds. The City shall provide the Consultant any objections on the submittal within ten (10) business days. Should the City have no objections, the City agrees to pay the balance of the Year 1 Funding Commitment no later than thirty (30) days after the request for FORT WORTH PARTNERSHIP FFOR COMM( JNITY DEVELOPMENT CITY OF FORT WORTH PROFESSIONAL SERVICES CON"IRACT DRAFT JUNE 1 O-2OOE PAGE 2 payment. Contractor will submit quarterly reports (Exhibit "C") for services and activities undertaken by Contractor in performance of this contract. Each report will be signed by a duly authorized agent or contractor and submitted by the 15t" day of the month following the quarter which is reported. The City and Consultant may renew the contract in accordance with Section 2, provided that the City and Consultant first agree on the amount of compensation to be paid to Consultant for services rendered during such renewal period and the City has appropriated sufficient funds in the then-current fiscal year for such services to be undertaken in the subsequent renewal period. 4. TERMINATION. 4.1. Written Notice. The City and Consultant may terminate this Agreement at any time and for any reason by providing the other party upon thirty (30) calendar days' advance written notice of termination. 4.2. Duties and Obli�ations of the Parties. In the event that this Agreement is terminated prior to its expiration, as provided in Section 2, the City shall pay Consultant for services actually rendered as of the effective date of termination and Consultant shall continue to provide the City with services requested by the City and in accordance with this Agreement up to the effective date of termination. Consultant shall not be obligated to return to the City any compensation or other sums previously paid to Consultant by the City pursuant to this Agreement, provided that Consultant timely performs all components of the Scope of Work for which such sums have been paid. 5. DISCLOSURE OF CONFLICTS AND CONFIDENTIAL INFORMATION. Consultant hereby warrants to the City that Consultant has made full disclosure in writing of any existing or potential conflicts of interest related to Consultant's services and proposed services with respect to the Scope of Work. In the event that any conflicts of interest arise after the Effective Date of this Agreement, Consultant hereby agrees immediately to make full disclosure to the City in writing. FORT WORTH PARTNERSHIP FFOR COMMi.JNIT'Y DEVELOPMENT CITY OF FORT WORTH PROFESSIONAL SERVICES CON"I'RACT DRAF"I' Jut� 10-2006 PAGE 3 The City acknowledges that Consultant may use products, materials or methodologies proprietary to Consultant. The City agrees that Consultant's provision of services under this Agreement shall not be grounds for the City to have or obtain any rights in such proprietary products, materials or methodologies unless the parties have executed a separate written agreement with respect thereto. Notwithstanding the foregoing, Consultant understands and agrees that the City is subject to various public information laws and regulations, including, but not limited to, the Texas Open Records Act. Consultant, for itself and its officers, agents and employees, further agrees that it shall treat all information provided to it by the City as confidential and shall not disclose any such information to any third party without the prior written approval of the City. 6. AUDITS. The Consultant will provide to the City an annual audit on the performance and financial management of this contract. Additionally, the City shall have, for three (3) years following the termination or expiration of this Agreement and upon reasonable advance notice, access to and the right to examine and audit any books, documents, papers, records or other data of Consultant that involve transactions relating to this Agreement. Accordingly, Consultant shall provide the City with access during normal working hours to all of Consultant's facilities and with appropriate workspace at Consultant's facilities necessary for the City to conduct examinations and audits in accordance with this Agreement. This Section 6 shall survive the termination or expiration of this Agreement 7. INSURANCE. During the term of this Agreement, Consultant shall �rocure and maintain at all times, in full force and effect, a policy or policies of insurance that provide the specific coverage set forth in this Section 7 as well as any and all other public risks related to Consultant's performance of its obligations under this Agreement. Consultant shall speciiically obtain the following types of insurance at the following limits: Commercial General Liability (CGL) $1,000,000 each occurrence $2,000,000 aggregate limit Coverage shall include but not be limited to the following: premises/operations, independent contractors, products/completed operations, personal injury, and contractual liability. Insurance shall be provided on an occurrence basis, and as . _a comprehensive as the current Insurance Services Office (ISO) policy. The City�o�' �2 � � � ' 1 �'�� �'� � �'� ,,^; ��i �; � f ��.... �.�v; FORT WORTH PARTNERSHIP FFOR COMMf TNIT'Y DEVELOPMENT CITY OF FORT PROFESSIONAL SERVICES CONTRACT DRAFT JiJNE IO-ZOO P �, '�•��,',�`'',��'���'r —�i�:l�'r; .S ,;1 TI �:: : �, c'!.`.l:i i1� l: u'.�: . � 4 ,,��. � It : �}, �,nII�ti S ,� ,.� lf :' o.;; i';}., U y ti� �� l�:a Fort Worth, its' Officers, Employees and Volunteers shall be named as an Additional Insured. Automobile Liability $1,000,000 each accident on a combined single limit basis A commercial business policy shall provide coverage on "Any Auto", defined as autos owned, hired and non-owned. Professional Liability $1,000,000 per occurrence or per claim $1,000,000 aggregate Priar to the Effective Date, Consultant shall provide the City with certificates of insurance that verify Consultant's compliance with the insurance requirements of this Agreement. The City's Risk Manager shall have the right to review and evaluate Consultant's insurance coverage and to make reasonable requests or revisions pertaining to the types and limits of that coverage. Consultant shall comply which such requests or revisions as a condition precedent to the effectiveness of this Agreement. 8. INDEPENDENT CONTRACTOR. It is expressly understood and agreed that Consultant shall operate as an independent contractor as to all rights and privileges granted herein, and not as an agent, representative or employee of the City. Subject to and in accordance with the conditions and provisions of this Agreement, Consultant shall have the exclusive right to control the details of its operations and activities and shall be solely responsible for the acts and omissions of its officers, agents, servants, employees, contractors and subcontractors. Consultant acknowledges that the doctrine of respondent supef•ior shall not apply as between the City, its officers, agents, servants and employees, and Consultant, its officers, agents, employees, contractors and subcontractors. Consultant further agrees that nothing herein shall be construed as the creation of a partnership or joint enterprise between the City and Consultant. 9. LIABILITY AND INDEMNIFICATION. CONSULTANT SHALL BE LIABLE AND RESPONSIBLE FOR ANY AND ALL CLAIMS, DEMANDS, LAWSUITS OR OTHER ACTIONS FOR DAMAGES OF ANY KIND, INCL UDING, B UT NOT LIMITED TO, PROPERTY LOSS, PROPERTY DAMAGE AND/OR PERSONAL INJURY, INCL UDING DEATH, TO ANY AND ALL PERSONS, OF ANY KIND OR FORT WORTH PARTNERSHTP FFOR COMMi JNI�I�Y DEVELOPMENT CITY OF FORT WORTH PROFESSIONAL SERVICES CONTRACT DRAFT JUNE 1 O-iOOE PAGE S CHARACTER, WHETHER REAL OR ASSERTED, TO THE EXTENT CAUSED BY THE NEGLIGENT ACT(S) OR OMISSION(S), MALFEASANCE OR INTENTIONAL MISCONDUCT OF CONSULTANT, ITS OFFICERS, AGENTS, SERVANTS OR EMPLOYEES. CONSULTANT COVENANTS A.ND AGREES TO, AND DOES HEREBY, INDEMNIFY, HOLD HARMLESSAND DEFEND THE CITY, ITS OFFICERS, AGENTS, SERVANTS AND EMPLOYEES, FROM AND AGAINST ANY AND ALL CLAIMS OR LAWSUITS FOR DAMAGES OF ANY KIND, INCL UDING, B UT NOT LIMITED TO, PROPERTY DAMAGE OR LOSS (INCLUDING ALLEGED DAMAGE OR LOSS TO CONSULTANT'S BUSINESS AND ANY RESULTING LOST PROFITS) AND/OR PERSONAL INJURY, INCL UDING DEATH, TO ANY AND ALL PERSONS, OF A.NY KIND OR CHARACTER, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, TO THE EXTENT CAUSED BY THE NEGLIGENT ACTS OR OMISSIONS OR MALFEASANCE OF CONSULTANT, ITS OFFICERS, AGENTS, SERVANTS OR EMPLOYEES. 10. ASSIGNMENT AND SUBCONTRACTING. To carry out the Scope of Work, Consultant may subcontract certain elements of the scope of work. The Consultant will provide the City in writing the name of agency, agency contact, address, and scope of work for any subcontractor who will provide services in carrying out this contract. Through execution of this contract, the subcontractor shall be bound by the duties and obligations of Consultant under this Agreement. Consultant shall not assign or subcontract any of its duties, obligations or rights under this Agreement other than the extent outlined in this Section without the prior written consent of the City. If the City grants such consent, the assignee or subcontractor shall execute a written agreement with the City under which the assignee or subcontractor agrees to be bound by the duties and obligations of Consultant under this Agreement. 11. COMPLIANCE WITH LAWS, ORDINANCES, RULES AND REGULATIONS. Consultant agrees to comply with all federal, state and local laws, ordinances, rules and regulations. If the City notifies Consultant of any violation of such laws, ordinances, rules or regulations, Consultant shall immediately desist from and correct the violation. FORT WORTH PARTNERSHIP FFOR COMMT INITY DEVELOPMENT' CITY OF FORT WORTH PROFESSIONAL SERVICES CONTRACT DIZAF�I� JUNE lO-2OOFi PAGE C) 12. NON-DISCRIMINATION COVENANT. Consultant, for itself, its personal representatives, assigns, subcontractors and successors in interest, as part of the consideration herein, agrees that in the performance of Consultant's duties and obligations hereunder, it shall not discriminate in the treatment or employment of any individual or group of individuals on the basis of race, color, national origin, religion, handicap, sex, sexual orientation or familial status. If any claim arises from an alleged violation of this non-discrimination covenant by Consultant, its personal representatives, assigns, subcontractors or successors in interest, Consultant agrees to assume such liability and to indemnify and defend the City and hold the City harmless from such claim. 13. LICENSES AND PERMITS. Consultant shall, at its sole expense, obtain and keep in effect all licenses and permits necessary for it to carry out its duties and obligations hereunder. 14. NOTICES. Notices required pursuant to the provisions of this Agreement shall be conclusively determined to have been delivered when (1) hand-delivered to the other party, its agents, employees, servants or representatives, (2) delivered by facsimile with electronic confirmation of the transmission, ar(3) received by the other party by United States Mail, registered, return receipt requested, addressed as follows: To THE CITY: City of Fort Worth ECD Department Christine Maguire, EDFP Community Development Manager 1000 Throckmorton Fort Worth, TX 76102-6311 Facsimile: (817) 392- 2431 To CONSULTANT: John Avila, Jr., President Fort Worth Partnership far Community Development C/O Thos. S. Byrne 2600 W 7th St Fort Worth, 76107 Facsimile: FORT WORTH PARTNERSHIP FFOR COMMi.1NITY DEVELOPMENT CTTY OF FORT WORTH PROFESSIONAL SERVICES CONTRACT DRAFT JiINE lO-ZOOE PAGE % 15. GOVERNMENTAL POWERS. It is understood and agreed that by execution of this Agreement, the City does not waive or surrender any of its governmental powers. 16. NO WAIVER. The failure of the City or Consultant to insist upon the performance of any term or provision of this Agreement or to exercise any right granted herein shall not constitute a waiver of the City's or Consultant's respective right to insist upon appropriate performance or to assert any such right on any future occasion. 17. VENUE , JURISDICTION AND EXPENSES. This Agreement shall be construed in accordance with the laws of the State of Texas. If any action, whether real or asserted, at law or in equity, is brought on the basis of this Agreement, venue for such action shall lie in state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas, Fort Worth Division. In any such action, the prevailing party shall be entitled to recover from the other party reasonable attorneys' fees incurred in the bringing or defending of the action. 18. SEVERABILITY. If any provision of this Agreement is held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired. 19. FORCE MAJEURE. The City and Consultant shall exercise their best efforts to meet their respective duties and obligations as set forth in this Agreement, but shall not be held liable for any delay or omission in performance due to force majeure or other causes beyond their reasonable control, including, but not limited to, compliance with any government law, ordinance or regulation, acts of God, acts of omission, fires, strikes, lockouts, national disasters, wars, riots, material or labor restrictions by any governmental authority, transportation problems and/or any other similar causes. FORT WORTH PARTNERSHTP FFOR COMMiINI"I'Y DEVELOPMENT CITY OF FORT WORTH PROFESSIONAL SERVICES CONTRACT DRAFT� JUNE 10-2006 PAGE c� 20. HEADINGS NOT CONTROLLING. Headings and titles used in this Agreement are for reference purposes only and shall not be deemed a part of this Agreement. 21. ENTIRETY OF AGREEMENT. This Agreement, including the schedule of e�ibits attached hereto and any documents incorporated herein by reference, contains the entire understanding and agreement between the City and Consultant, their assigns and successors in interest, as to the matters contained herein. Any prior or contemporaneous oral or written agreement is hereby declared null and void to the extent in conflict with any provision of this Agreement. This Agreement shall not be amended unless agreed to in writing by both parties and, if required, approved by the City's City Council. IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiples as of the later date below: CITY OF FORT WORTH: By: Dale Fisseler ' Assistant City Manager � � I Date: � G " � ATTEST: : FORT WORTH PARNTERSHIP FOR COMMUlvITY 1)F.VF,LOPMENT, Date: � � J B �_ City Secretary - C9���'�ct �utho:riz�.tio:�. _ _. : �-,-� -- �= -_ -- - --- _ . FORT WORTH PARTNERSHIP FFOR C`0 PROFESSIONAL SERVICES ON"I'RACT DEVELOPMEN"I' DItAF"I' Jut.� 10-2006 CITY OF FORT P c 2 !, � � �+ ^' j'('�' l: l '°�' � ��.� ���r�L, - :,�,,;:;�_, ,� °1 ,;j ``'''I`iJ';};i;`�'',';,I':;1,� � � �- � � ' �; - �,iJ �� �� 9'f L.,. �'.�; I,I Ir� i�.�'? s� APPROVED AS TO FORM AND LEGALITY: ���,� Peter Vaky, Assista ity Attorney M& c: c- 2 i��f � ii-�� -G 6 FORT WORTH PARTNERSIIIP FFOR COMMiJNI'I'Y DEVELOPM�N"i' CITY OF FORT WORTH Pxor�ssiorrai, SERvicEs Corrriza.cr DRAFT Jurr� 10-2006 PaGE 10 STATE OF TEXAS COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared John Avila, Jr., known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of Fort Worth Partnership for Community Development and that he executed the same, and had authorization to execute the same, as the act of Fort Worth Partnership for Community Development for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN LJNDER MY I�AND AND SEAL OF OFFICE this � day of � , 200� �>v' � KAROLENE PITTMAN /� �'' : ;: �.,.1# Notary Public '� +� STATE OF TEXAS ; ��- My Comm. Exp _t?ldt/2008 STATE OF TEXAS COUNTY OF TARRANT Not ry Public m an for the State of Texas BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Dale Fisseler, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of the City of Fort Worth and that he exeeuted the same as the act of the City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. � � GIV�N UNDER MY HAND AND SEAL OF OFFICE this �� day of ( , 200�. � _ _ �,�.�.:�-� . 2o��^YP�a��, MARIA S, SANCHEZ � � � � NOTARY PUBI�IC STA7E (�F TEXAS Not Public in and for the tate of Te �''lf oF t�+�y My Comm. Exp.12•1A•2009 FORT WORTH PARTNERSHIP FFOR COMMtJNI"I'Y DEVELOPMSNT CITY OF FORT WORTH PROFESSIONAL SERVICES CONTRACT DRAFT JUNE lO-2OOE PAGE 1 1 EXHIBIT "A": Scope of Work Initial Contract Period I. Deliver a sustained and comprehensive message to Fort Worth at large about the importance of community development. Progress toward achieving this important part of the Fort Worth Partnership for Community Development (FWPCD) mission will be measured in the following ways: A. Leverage the City's Year 1 Funding Commitment by raising $1 new dollar from private or other public sources for each dollar of Year 1 Fund'mg Commitment expended; B. Forge new collaborative efforts and strengthen existing partnerships; C. Obtain in-kind assistance and resources that directly translate to support for the Beneficiary organizations. II. Put in place a solid organizational framework for the FWPCD that ensures the agency's long-term ability to help build a city of healthy, thriving and diverse neighborhoods and to lessen the burdens of government of Fort Worth. Making strides towards this effort will be measured by accomplishing the following during the Initial Contract Period: A. Adoption by the Board administrative and financial procedures, policies and financial controls. The goal of the organization would be to achieve a"Good" rating utilizing the benchmarks and criteria established by Charity Navigator (www.chari navi at�or_or� ); B. Adoption by the Board governance policies and procedures: and, C. Establishment of criteria, procedures, performance measures for funds granted to Beneficiaries in an manner that helps build strong, accountable locally-led community development organizations. III. Support comprehensive community economic development and diverse, focused activities that produce housing units and create and retain jobs, and completing other comprehensive projects that result in substantial, measurable improvements in the quality of life in neighborhoods of Fort Worth. Addressing this fundamental portion of the FWPCD's mission will be measured by the following: A. Increase of 50% in number of housing units in the development process over pre-grantee status totals; B. Increase of 30% in number of commercial and/or mixed use square feet in the development process over pre-grantee status totals; C. 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Karen Meunier, Housing Department Project Manager, City of Fort Worth Authorized Agency Representative Status of Work Schedule biitial Contract Period Work Sc/red�ele TASK I: DELIVER A SUSTAINED AND COMPR�HENSIVE M�SSAGE TO FORT WORTH AT LARGE ABOUT THE IMPORTANCE OF COMM[JNITY DEVELOPMENT SubtaskA Leverage the City's Year 1 Funding Cornrnitrnent [Insert bullet list of activities done related to the subtask] Sz�btask B Fo�•ge rrex� collabo��ative effo�•ts [Insert bullet list of activities done related to the subtask] Subtask C Obtain in-kind �•esoa�rces [Insert bullet list of activities done related to the subtask] TASK II: PUT IN PLACE A SOLID ORGANIZATION FRADIEVVORK FOR THE FWPCD Subtask A Subtask B Szrbtask C % Complete 100% 100% Adrninisn�ative and frnatacial procedures [Insert bullet list of activities done related to the subtask] Gove�-nance p��ocedzn•es [Insert bullet list of activities done related to the subtask] Criteria, procedures, pe�fornzance measan•es for firf�ds granted to Benefrciaries [Insert bullet list of activities done related to the subtask] Eghibit C: Quarterly Report Template TASK III: COMMUNITY ECONOMIC DEVELOPMENT PROGRAMS AND S�RVICES TO THE BENEFICIARI�S THAT RESULT IN NEIGHBORHOOD $OUSING AND ECONOMIC DEVELOPMENT 10O% SubtasTcA Housing unit production [Insert bullet list of activilies done related to the subtask] Subtask B Neighborhood econonaic developme�rt activities [Insert bullet list of acdviUes done related to the subtask] Subtask C Beneficiary technical assistance [Insert bullet list of activities done related to the subtask] ADDITIONAL ACCOMPLISHMENTS �List additional Program inzpact accomplishmentst. For example, expanded pool of technical assistance providers J �`,'� �21,=: ; : - �' ,,� � ;: Ci'�'����,'i:'':_� �J:�'c���':l1•:= r% i'� i�i�'�I� �' :��,i I'. i;1, 'uj.���,j 11 II `:% � �� L� � ��, ��. � L�4 f' � 2n ;�''P�� C�\'i ,f:�l y�r,� �.�':I.�l �;�J`�_c uJ �''J �:� � - Page 1 of 2 City of Fort Worth, Texas Mayor and Council Communication — n��rs COUNCIL ACTION: Approved on 11/14/2006 - Ordinance No. 17287-11-2006 DATE: Tuesday, November 14, 2006 LOG NAME: 17FWPCDYR1 REFERENCE NO.: C-21848 SUBJECT: Authorize the Execution of a Professional Services Agreement with the Fort Worth Partnership for Community Development for Neighborhood Redevelopment Activities and Adopt Related Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Authorize the transfer of $250,000 from escrow funds to revenue in the General Fund; 2. Adopt the attached supplemental appropriation ordinance increasing the estimated receipts and appropriations by $250,000 in the General Fund from available funds; and 3. Authorize the execution of the attached Professional Services Agreement (Agreement) with the Fort Worth Partnership for Community Development for an initial term of one year and a maximum expenditure during that term not to exceed $250,000. DISCUSSION: On March 1, 2005 and again on April 4, 2006 the Housing Department and Economic and Community Development Department briefed the City Council Central City Revitalization and Economic Development (CCRED) Committee on the formation of the Fort Worth Partnership for Community Development (FWPCD). The FWPCD is a nonprofit funding collaborative of the City, private foundations and private corporations to support the work of nonprofit place-based neighborhood development corporations. On April 4, 2006, City Council endorsed moving forward with securing $250,000 toward the first year of funding of FWPCD and seeking funds to participate in the organization's second year of operations. As specified in the CCRED Committee briefings, the City's first year funding for the FWPCD would come from the proceeds of sale of City-owned property at 700 West Rosedale Street. On June 13, 2006, City Council approved M&C L-14203 which authorized the City to enter into a contract (City Secretary No. 33766) with Pennsylvania Avenue, L.P. to purchase the property at fair market value, which was established at $290,864. The City closed on the property on August 31, 2006. The proposed Agreement will compensate the FWPCD in leveraging private sector dollars to fund neighborhood housing and commercial development sponsored by nonprofit community development corporations (CDCs). An essential part of this activity is to strengthen the capacity of Fort Worth CDCs as well as those of the Partnership. Specific benchmarks are outlined in the scope of work attached to the Agreement. The FWPCD will report quarterly and at the end of the initial one year term on progress made in reaching these benchmarks. , , ,,-, . _ � - -1 --- i i� i i�nn� Page 2 of 2 FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of the General Fund. TO Fund/Account/Centers � GG01 444533 0134010 2) GG01 539180 0172000 FROM Fund/AccountlCenters $250,000.00 1) GG01 240193 0000000 $250,000.00 3) GG01 539180 0172000 $250,000.00 $250,000.00 Submitted for City Manager's Office b� Originating Department Head: Additional Information Contact: Dale Fisseler (6140) Tom Higgins (6192) Christine Maguire (8187) �;� f'� � �� -. .. .. ` ^ � H � t ^'�5:, •��: ��r� �� 1���L`�i!- ti ,J,�,,,.�.;7 ;�:�sr,f .,,� �:i�,�;��,�� �,;�,1 �:: 1 U � c;' �'�:: :�i L, ��d'1.. '�U� :. ` .