HomeMy WebLinkAboutContract 52905-A1 CITY SECRETAR
CONTRACT No. Y5`o�q 05_A 1
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NO. 52905,
A MANAGEMENT AND IMPROVEMENT SERVICES AGREEMENT
Fort Worth Public Improvement District No. 7(Heritage)
This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 52905("First
Amendment")is made and entered into by and between the CITY OF FORT WORTH("City"),a home-
rule municipal corporation organized under the laws of the State of Texas, acting by and through its duly
authorized Assistant City Manager,and FIRSTSERVICE RESIDENTIAL TEXAS PID, LLC, a Texas
limited liability company("Contractor") acting by and through its duly authorized representative.
WHEREAS, the City and Contractor are parties to a Management and Improvement Services
Agreement for Fort Worth Public Improvement District No. 7, the same being City Secretary Contract
Number 52905 ("Agreement');
WHEREAS,Contractor identified the need to revise the budget,primarily as a result of the impact
of COVID-19;
WHEREAS, on May 5,2020,the City Council authorized a resolution approving a revised Fiscal
Year 2019-2020 budget and five-year service plan,taking into account the revised budget;
WHEREAS,the parties wish to amend the Agreement to incorporate the revised budget;and
NOW,THEREFORE,for and in consideration of the mutual covenants,promises,and agreements
contained herein,the City and Contractor do hereby covenant and agree to amend the Agreement as follows:
1. Exhibit A to the Agreement concerning the Budget and Service Plan for the District is
replaced with, and superseded by, a new Exhibit A that is attached to this First Amendment, which is
incorporated into the Agreement for all purposes.
2. All terms of this First Amendment that are capitalized but not defined have the meanings
assigned to them in the Agreement.
3. All terms and conditions of the Agreement that are not expressly amended pursuant to this
First Amendment will remain in full force and effect.
IN NYITNESS WHEREOF,the undersigned have caused this First Amendment to be executed on
day of` ,2020, in Fort Worth, Tarrant County, Texas.
CITY OF FORT WORTH: FIRSTSERVICE RESIDENTIAL
TEXAS PID, LLC
a Texas limited liability company
By: By: Otj_�Iala
Jay Chapa Katie Ward
Deputy City Manager President
i
OFFICOAL RECDk��..�d
CITY SECRETARY l
First Amendment to CSC 52905 f
FY 1�JIIORTH"m
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ATTEST: �!,
By:
ary a r a9 � ......... r.
City Secretary
APPROVED AS TO FORM AND LEGALITY:
By:
Senior Assistant City Attorney
Contract Compliant Manager:
By signing, I acknowledg that I am the person responsible for the monitoring and administration of this
contract,including ensuring all performance and reporting requirements.
r
— , AV'I I j
st Hinojosa
Sr. Contract Compliance pecialist
M&Cs: 19-0112(August 27,2019); 19-0213 (September 24,2019);20-0278 (May 5,2020)
Form 1295: 2019-538946 and 2019-520126
E011.1CIAL RE -0'Y SECRETARY
Wolf rH,T
First Amendment to CSC 52905 2 of 3 �
Exhibit"A"
City of Fort Worth
Five Year Service Plan
Public Improvement District No.7-Fort Worth
FYI9/20 FY20/21 FY21/22 FY22/23 FY23/24
REVENUES
PID Assessments $1,790,204 $1,929.633 $1.968,226 $2,007,590 $2,047,742
COFW Payment in lieu of Services 191,096 194,918 198,815 202,791 206,848
Budget Revenues $1,981,300 $2,124,551 $2,167,041 $2,210,381 $2,254,590
Use of Fund Balance $138,940 252,455 257,504 262,655 267,907
Total Revenues $2,120,240 $2,377,006 $2,424,545 $2,473,036 $2,522,497
EXPENSES
Management Fee 127,928 131,762 135,715 139,786 143,980
Utilities 230,500 237,415 244,537 251,874 259,430
Landscaping/Tree Maintenance 1,127,894 1,161,731 1,219,817 1,256,412 1,294,104
Common Area Maintenance 221,534 228,180 235,025 242,076 249,338
Holiday Lighting 31,500 32,445 33,418 34,421 35,454
Security Enhancements 78,750 81,113 83,546 86,052 88,634
Advertising 1,000 2,000 2,000 2,000 2,000
Public Events 35,000 86,700 88,434 90,203 92,007
Capitallmprmements 206,392 204,000 208,080 212,241 216,486
Insurance 13,938 14,217 14,501 14,791 15,087
Annual Renew 10,000 10,000 10,000 10,000 10,000
City Administrative Fee 35,804 42,491 43,341 44,208 45,092
Budget Expenses 2,120,240 2,232,054 2,318,414 2,384,064 2,451,612
Contribution to Fund Balance - - - - -
Total Expenses $2,120,240 $2,232,054 $2,318,414 $2,384,064 $2,451,612
First Amendment to CSC 52905 3 of 3