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HomeMy WebLinkAboutContract 52906-A1 CITY SECRETARY r ONI T RACT NO. a�U`A[ G����o 0 FIRST AMENDMENT TO CITY SECRETARY CONTRACT NO. 52906, A MANAGEMENT AND IMPROVEMENT SERVICES AGREEMENT Fort Worth Public Improvement District No. 6(Park Glen) This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 52906("First Amendment") 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 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. 6, the same being City Secretary Contract Number 52906("Agreement"); WHEREAS,Contractor identified a need to reallocate certain funds between budgeted line items; 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 budgetary adjustments; 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 Exhibit A to the Agreement concerning the Budget and Service Plan for the District is replaced with, and superseded by, a new Exhibit A that is attached to this First Amendment, which is incorporated into the Agreement for all purposes. 2.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 WATNESS WHEREOF,the undersigned have caused this First Amendment to be executed on ,7 ay of ,2020, in Fort Worth,Tarrant County,Texas. CITY OF FORT WORTH: FIRSTSERVICE RESIDENTIAL TEXAS PID,LLC a Texas limited liability company By: `�--�� By: Jay Chapa Katie Ward Deputy City Manager President i ` 1 First Amendment to CSC 52906 1 of 3 Vo '1.rxT�. ATTEST: By. ary J. r i City Secreta 7rr:;; +j APPROVED AS TO FORM AND LEGALITY: By: t1o, Senior Assistant City-Attorney Contract Compliant Manager: By signing, I acknowledg that I am the person responsible for the monitoring and administration of this -one—' including ensuring all performance and reporting requirements. Cry 1 HinoJosa Sr. Contract Compliance pecialist M&Cs: 19-0099(August 27,2019); 19-0213 (September 24,2019);20-0277(May 5,2020) Form 1295: 2019-538768 and 2019-521509 LFT. WORITH, EcUR ITY SECRETARY TFirst Amendment to CSC 52906 Exhibit"A" City of Fort Worth Five Year Service Plan Public Improvement District No.6-Fort Worth Mid-Year Revision FYI9120 FY20121 FY21122 FY22123 FY23/24 REVENUES PID Assessments $1,606,226 $1,606,226 $1,606,226 $1,606,226 $1,606,226 COFW Payment in lieu of SeNces 199,556 199,556 199,556 199,556 199,556 Budget Revenues $1,805,782 $1,805,782 $1,805,782 $1,805,782 $1,805,782 Use of Fund Balance 419,000 Total Revenues $2,224,782 $1,805,782 $1,805,782 $1,805,782 $1,805,782 EXPENSES Management Fee 127,924 127,924 127,924 127,924 127,924 Utilities 193,000 193,000 193,000 193,000 193,000 Landscaping 784,500 722,987 722,987 722,987 722,987 Common Area Maintenance 512,023 200,000 200,000 200,000 200,000 Holiday Decoration 22,832 22,832 22,832 22,832 22,832 Security Enhancements 183,985 183,985 183,985 183,985 183,985 Communications 22,500 6,909 6,909 6,909 6,909 Public Events 32,300 32,300 32,300 32,300 32,300 Capitallmprowments 261,000 240,447 240,447 240,447 240,447 Insurance 36,502 34,182 34,182 34,182 34,182 Annual ReHew 12,100 5,100 5,100 5,100 5,100 City Administrative Fee 36,116 36,116 36,116 36,116 36,116 Budget Expenses 2,224,782 1,805,782 1,805,782 1,805,782 1,805,782 Contribution to Fund Balance - - - - - Total Expenses $2,224,782 $1,805,782 $1,805,782 $1,905,782 $1,805,782 First Amendment to CSC 52906 3 of 3