HomeMy WebLinkAboutContract 37117CITY SECRETARY "
CONTRACT NO.
AMENDMENT NO. 1
REAL ESTATE APPRAISAL REVIEW CONTRACT
WHEREAS, Cornerstone Appraisal Company ("Contractor") and the City of Fort
Worth ("City") entered into a contract ("Contract") for review appraisal assignments in
connection with the Runway Extension Program (City Secretary Contract No. 32300) for the
purpose of completing written review appraisal reports on properties connected to the Runway
Extension Program at Fort Worth Alliance Airport (DOE# 4867).
WHEREAS, due to (1) ongoing changes in right -of --way needs associated with the
Runway Extension Program, additional appraisals have been required and (2) delays in closing
due to negotiation and title issues, several appraisals have required updating;
WHEREAS, the cost of these appraisal needs exceed the compensation in the Contract
and the parties wish to increase the amount of the compensation to reflect the increased costs;
NOW THEREFORE, City and Contractor agree as follows:
1. Section 2a of the Contract entitling COMPENSATION TO THE CONTRACTOR
is hereby amended as follows:
a. The total contract amount of $7,800.00 approved previously will be increased by a
total of $17,200.00, for a final contract amount of $255000. Therefore, Exhibit "A" of
the Agreement shall be replaced in its entirety with the Exhibit "A" attached hereto.
b. Unless specifically revised herein, all the other terms of the Agreement shall
remain unchanged and continue in full force and effect.
Executed on this d�day of , 2008 in Fort Worth, Tarrant County, Texas.
CITY OF FORT WORTH:
By:�jT.M. Higgi
Assistant City Manager
Approved as to form and legality:
" Assistant City
CONTRACTOR:
Attest:
Marty Hendrix,
secretary
,g-oO�4.4is6%�- CAD.
Contract Authorization y(,� �Vi. �-ti(�(_.��CG�
Date
REVISED EXHIBIT A
ALLIANCE/156 RIGHT OF WAY
REVIEW APPRAISER LIST
PARCEL No. Owner Project ACRES COST
6 AIL INVESTMENTS RUNWAY 3.371 $ 600.00
15 JAMES JUDGE 156 0.696 $ 600.00
16 C. PETERSON 156 0.721 $ 600.00
17 C. PETERSON 156 8.113 $ 600.00
18 B. DUNCAN 156 4.501 $ 600.00
19 L. WEIL 156 4.548 $ 600.00
20 J. SHELTON 156 4.367 $ 600.00
21 COLE 156 35.668 $ 600.00
22 AIL INVESTMENTS 156 24.919 $ 600.00
23 AIL INVESTMENTS 156 8.282 $ 600.00
24 C. PETERSON EAGLE TBD $ 600.00
25 AIL INVESTMENTS EAGLE TBD $ 600.00
26 BNSF 156 16.323 $ 600.00
1 AT&SF RR Co. 156 13.846 $ 600.00
2 AIL INVESTMENTS 156 1.090 $ 600.00
3 AIL INVESTMENTS 156 1.116 $ 600.00
4 AIL INVESTMENTS 156 0.989 $ 600.00
5 AIL INVESTMENTS 156 8.282 $ 600.00
6 AIL INVESTMENTS 156 24.853 $ 600.00
TOTAL COST
$11,400.00