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HomeMy WebLinkAboutContract 53495-A1 04/29/20 10:37 AM CSC No.53495-A1 FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 53495 A COMMUNITY FACILITIES AGREEMENT BETWEEN THE CITY OF FORT WORTH AND WARE VISTA SOUTHGATE#1,L.P. This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 53495 ("First Amendment")is made and entered into by and between the City of Fort Worth, a home-rule municipal corporation of the State of Texas ("City"), and Ware Vista Southgate #1,L.P., a Texas limited partnership ("Developer"). WHEREAS, the City and Developer entered into a Community Facilities Agreement for the construction of public infrastructure improvements for a project generally described as Southgate Water Line, City Secretary Contract Number 53495 ("CFA"); and WHEREAS, the CFA requires that retainage in the amount of ten percent be withheld from each payment application made by Developer's contractor; and WHEREAS, the City and Developer desire to amend the CFA to reduce the retainage to five percent; NOW THEREFORE, City and Developer, acting herein by and through their duly authorized representatives, enter into the following agreement, which amends the CFA: 1. Section F, subsection vii of the CFA is amended to be and read as follows: vii. To include the following payment terms in the contract for construction of the City Improvements, subject to the City's reasonable approval: The contractor for the City Improvements shall submit payment requests to Developer. The contractor shall withhold five percent (5%) retainage from each payment request. Developer shall verify that each payment is due and payable under the construction contract and shall forward each payment request for the City Improvements (each, a"City Payment Request")to the City, as follows: City of Fort Worth TPW Department, IPRC Division Attn: Khal Jaafari,Project Manager 200 Texas Street Fort Worth, Texas 76102 Email: Khal.Jaafari@fortworthtexas.gov The City shall pay the amount of each City Payment Request to Developer within 30 days after receiving the invoice. Upon receipt of payment from the City, Developer shall forward such payment to the contractor. Commencing with contractor's second City Payment Request submitted to Developer, the 0 City of Fort Worth,Texas OFFICIAL RECORD Amendment No. 1 to City Secretary Contract No. 53495 CITY SECRETARY Pagel of 3 FT. WORTH,TX P contractor shall provide to Developer an affidavit of payment and lien release for the previous City Payment Request. Developer shall provide such affidavit of payment and lien release to the City with the next City Payment Request. The City shall have no obligation to forward payment to Developer for the second City Payment Request or subsequent City Payment Requests until Developer provides the City with an affidavit of payment and lien release from the contractor verifying Developer's payment to contractor for the previous City Payment Request. Developer shall not submit City Payment Requests to the City more frequently than once per month. The Final City Payment Request shall include a request for payment of all retainage that was withheld from each City Payment Request. City shall not make the final payment for the City Improvements until all construction, including punch-list items, has been completed and accepted by the City. 2. a. All other provisions of the CFA, which are not expressly amended herein, shall remain in full force and effect. b. All terms in this First Amendment that are capitalized,but not defined, shall have the meanings ascribed to those terms in the CFA. [SIGNATURES ON FOLLOWING PAGE] City of Fort Worth,Texas Amendment No. 1 to City Secretary Contract No.53495 Page 2 of 3 IN TESTIMONY WHEREOF, the City and Developer have each executed this First Amendment by their duly authorized representatives to be effective on the date signed by the City's Assistant City Manager. CITY OF FORT WORTH DEVELO PER Ware Vista Southgate#1,L.P. By: VPC, GP, Inc. bay e5 its General Partner DanaBurghdoff( r29,20 Dana Burghdoff Colton Wright(Apr 28,i 020) Assistant City Manager Name: Colton Wright Title: Vice President Date: Apr 29, 2020 Date: Apr 28,2020 Recommended by: ATTEST: (Only if required by Developer) Evelyn Robe&(Apr 28,2020) Evelyn Roberts/Jennifer Ezemack Name: Project Assistant Development Services Department Approved as to Form &Legality: �v✓ Richard A.McCracken(Apr 29,2020) Contract Compliance Manager: Richard A. McCracken By signing, I acknowledge that I am the Sr. Assistant City Attorney person responsible for the monitoring and M&C No. N/A administration of this contract, including all Date: performance and reporting requirements. Form 1295: N LA _ 9. FORT ® ' Name: Janie Scarlett Morales ATTEST: Title: Development Manager Mary J. Kayser '' , City Secretary OFFICIAL RECORD k City of Fort Worth,Texas CITY SECRETARY Amendment No. 1 to City Secretary Contract No.53495 FT ®��� �� Page 3 of 3 r