HomeMy WebLinkAboutContract 52907-A1 UTY SEC"RETAR"�9q
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NO. 52907,
A MANAGEMENT AND IMPROVEMENT SERVICES AGREEMENT
Fort Worth Public Improvement District No.20(East Lancaster)
This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 52907("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. 20, the same being City Secretary Contract
Number 52907("Agreement");
WHEREAS, Contractor identified the need to revise the budget to reallocate certain resources;
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replaced with, and superseded by, a new Exhibit A that is attached to this First Amendment, which is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 WjTNESS 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 tim*it ed rtaointy company
By: By: wal-l-V
Jay Chapa Katie Ward
Deputy City Manager President
li
First Amendment to CSC 529074 :,
ATTEST:
By.
Mary J. s �City Secretary
Secretary
APPROVED AS TO FORM AND LEGALITY:
By:
Tyer ach )C�e —a 6 /�� v.� �"
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.
T
Ad
I HinoJosa
Sr. Contract Compliance Specialist
M&Cs: 19-0103 (August 27,2019); 19-0213 (September 24,2019);20-0276(May 5, 2020)
Form 1295: 2019-538764 and 2019-524357
Foc,ITY
FICIAL RECORD SECRETARY
FT
VIC?Rl'FI�T
First Amendment to CSC 52907 'L o 4
Exhibit"A"
City of Fort Worth
Five Year Service Plan
Public Improvement District No.20-East Lancaster
MID YR ADJ
FY19/20 FY202i FY21/22 FY22/23 FY23/24
REVENUES
PID Assessments $245,727 $253,099 $260,692 $268,513 $276,568
Budget Revenues $245,727 $253,099 $260,892 $268,513 $276,568
Use of Fund Balance
Total Revenues $245,727 $253,099 $260,692 $268,513 $276,568
EXPENSES
Management Fee 15,800 16,590 17,420 18,290 19.205
City Administrative Fee 4,915 5,062 5,124 5,370 5.531
Security Patrols 176,617 200,000 210,000 220,500 231.525
Insurance 6,000 2,060 2,122 2,185 2,251
Community Marketing/Events 3,000 3,150 3,308 3.473 3,647
PID App Fee 5,000 - - - -
Audit/Annual Review - - - - -
Budget Expenses 211,332 226,862 237,974 249,818 262,159
Contnbution to Fund Balance 34,395 26,237 22,629 18,693 14,409
Total Expenses $245,727 $253,099 $260,603 $268,511 $276,568
First Amendment to CSC 52907 3 of 4
First Amendment to CSC 52907 4 of 4