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HomeMy WebLinkAboutContract 36877-A1 CITY SECRETARY CONTRACT NO.3G 1 -A� AMENDMENT TO CITY SECRETARY CONTRACT NO. 36877 WHEREAS, on April 14, 2008, the City of Fort Worth (the "City") and DAVID NEWTON (the "Artist"), residing at 4764 Memphis Street, Dallas, Texas 75207, made and entered into City Secretary Contract No. 36877 (the "Agreement") and the City designated the Arts Council of Fort Worth and Tarrant County, Inc., as its Contract Manager; WHEREAS, under the Agreement, the Artist shall design, fabricate, deliver, and consult on the installation of a bronze equestrian sculpture to commemorate the historic Mexican Vaquero and two bronze plaques with educational text and donor recognition (the "Work") for placement at a traffic triangle at the northwest intersection of North Main Street and Central Avenue (the "Site"); WHEREAS, the fabrication of the bronze equestrian sculpture is scheduled to be completed in February of 2011; WHEREAS, due to the unanticipated current economic conditions, the Artist has experienced unforeseen financial hardships that will negatively impact the timely completion of the bronze equestrian sculpture and the project as a whole; and WHEREAS, in order to complete the fabrication of the bronze equestrian sculpture on schedule and prevent delays to the timely completion of the project, the Artist and the City wish to amend the Fee payment schedule and to include direct payments to the fabricator, Bryant Fine Arts Foundry (the "Fabricator"), on behalf of the Artist, from the Fee. NOW, THEREFORE, City, whose address is 1000 Throckmorton Street, Fort Worth, Texas 76102, acting by and through Fernando Costa, its duly authorized Assistant City Manager, and David Newton, whose address is 4764 Memphis Street, Dallas, Texas 75207, do hereby agree as follows: OFFICIAL RECORD CONTRACT AMENDMENT CSC NO. 36877 CITY SECRETARY David Newton FT. WORTH TX Page 1 01 4 Article 2 Compensation and Payment Schedule This section is amended to read as follows: "2.1. Fee. The City shall pay the Artist a fee, a portion of which shall be paid directly to the Fabricator on behalf of the Artist as set forth below, not to exceed TWO HUNDRED SIX THOUSAND DOLLARS AND NO CENTS ($206,000) (collectively, the "Fee"), which shall constitute full compensation for all services to be performed and materials to be furnished by the Artist under this Agreement, inclusive of fabrication, transportation, installation, Artist's fees, insurance, incidental costs, and all travel expenses. The Fee shall be paid as follows: a) EIGHTY-FOUR THOUSAND DOLLARS AND NO CENTS ($84,000.00) payable to the Artist upon full execution of this Agreement. b) SEVENTY-THREE THOUSAND DOLLARS AND NO CENTS ($73,000.00) payable to the Artist upon the Contract Manager's verification that the modeling of the sculpture is 100% complete and ready for casting. c) EIGHTEEN THOUSAND FOUR HUNDRED SIXTY-SIX DOLLARS AND NO CENTS ($18,466.00) payable to the Fabricator upon the Contract Manager's verification that casting of the sculpture is 75% complete. d) EIGHTEEN THOUSAND FOUR HUNDRED SIXTY-EIGHT DOLLARS AND NO CENTS ($18,468.00) payable to the Fabricator upon the Contract Manager's verification that casting of the sculpture is 100% complete and ready for delivery and installation. e) TWO THOUSAND DOLLARS AND NO CENTS ($2,000.00) payable to the Artist upon the Contract Manager's receipt of sufficient documentation that the two bronze plaques with educational text and donor recognition have been ordered. CONTRACT AMENDMENT CSC NO.36877 David Newton OFFICIAL RECORD CITY SECRETARY Page 2 of 4 FT.WORTH, TX f) TEN THOUSAND SIXTY-SIX DOLLARS AND NO CENTS ($10,066.00) payable to the Artist within thirty-five (35) days after Final Acceptance and receipt by City of such documentation it may require concerning payment of supplies and services rendered to the Artist [see Section 1.6 (a)]." All other terms and conditions of City Secretary Contract No. 36877 not amended herein remain unaffected and in full force and effect, are binding upon the parties, and are hereby ratified by the parties. (REMAINDER OF PAGE INTENTIONALLY LEFT BLANK) N L RECORDCRETARYRTH, TX CONTRACT AMENDMENT CSC NO.36877 David Newton Page 3 of 4 IN WITNESS WHEREOF, the parties hereto have executed four copies of this contract amendment in Fort Worth, Texas, this 1 {' day of��s� CLi , 2011. ATTEST: �oouu��A CITY OF FORT WORTH ate`- �nJvr as ??AyO`Go o0 000o4 �V� City Secretary a pFernando Costa o °y.1r� Z0 Assistant City Manager 0 00 00o T APPROVED AS TO FORM A $��WIo �11Zioo. NO M&C REQUIRED Assis ity Attorney ARTIST Da id Newton /V OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX CONTRACT AMENDMENT CSC NO.36877 David Newton Page 4 of 4