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HomeMy WebLinkAboutContract 39174 COMMUNITY FACILITIES AGREEMENT THE STATE OF TEXAS § City Secretary COUNTY OF TARRANT § Contract No. 39 L4 WHEREAS,Union Pacific Railroad Co. ("UP") desires to make certain improvements to infrastructure in and around property within the City of Fort Worth,Texas related to UP's obligations under a Formal Agreement executed on or before January 8,2009 among UP, the City of Fort Worth,Texas Department of Transportation and the North Texas Tollway Authority (hereinafter,the"Formal Agreement"),City Secretary Contract No. 38136(the"Project"); and WHEREAS,UP has requested the City of Fort Worth,a home-rule municipal corporation situated in Tarrant,Denton,Parker, and Wise Counties,Texas,hereinafter called "City",permission to do certain work in connection with said Formal Agreement. NOW,THEREFORE,KNOW ALL BY THESE PRESENTS: For and in consideration of the covenants and conditions contained herein, the City and UP do hereby agree as follows: General Requirements A. The aforesaid Recitals are hereby incorporated into this Agreement by this reference. The Policy for the Installation of Community Facilities ("Policy") dated March 2001, approved by the City Council of the City of Fort Worth and subsequently amended from time to time via a Mayor and Council Communication adopted by the City Council of the City of Fort Worth, is hereby incorporated into this Community Facilities Agreement ("CIA") as if copied herein verbatim. UP agrees to comply with all provisions of said Policy in the performance of its duties and obligations hereunder and to cause all contractors hired by UP to comply with the Policy in connection with the work performed by said contractors. B. UP shall provide financial security in conformance with paragraph 6, Section II, of the Policy as required by §212.073, Texas Local Government Code and Chapter 2253, Texas Government Code. Acceptable forms of guarantee for this CIA, include but are not limited to, a letter of credit in an amount equal to 125% of the estimated cost of constructing the improvements contemplated herein of one year's duration issued by a financial institution located in either the states of Texas or Nebraska, cash in an amount equal to 125% of the estimated cost of constructing the UPRR SWP FORMAL AGREEMENT RELATED 1 improvements contemplated herein, or a Developer Bond in an amount equal to 100 percent of the estimated costs of constructing the improvements contemplated herein. The City agrees that the estimated cost of construction is $258,803.30. C. UP recognizes that there shall be no reduction in the guarantee until the improvements have been completed and the City has officially inspected and approved the work in question, with said review and approval not to be unreasonably withheld or unduly delayed and accepted the infrastructure in question. UP further acknowledges that said process requires it to submit an Affidavit of Bills Paid signed by its contractor and Consent of Surety signed by its surety to ensure the contractor has paid the sub-contractor and suppliers in full. Additionally, the contractor will provide in writing that the contractor has been paid in full for all the services provided under this CFA. D. UP agrees to cause the construction of the improvements contemplated by this CFA and that said construction shall be completed in a good and workmanlike manner and in material accordance with all City standards and the City-approved construction plans, specifications and cost estimates provided for the Project and the exhibits attached hereto. E. The following checked exhibits are made a part hereof. Water (Ah, Sewer (A-1) _; Paving (B) X Storm Drain (B-1) ; Street Lights & Signs (C) : and ( ). F. UP shall award all contracts for the construction of community facilities in accordance with Section II, paragraph 7 of the Policy and the contracts for the construction of the public infrastructure shall be administered in conformance with paragraph 8, Section 1I, of the Policy. G. For all infrastructure included in this Agreement for which UP awards construction contract(s), UP agrees to the following: i. To employ a construction contractor who is approved by the director of the department having jurisdiction over the infrastructure to be constructed, said contractor to meet City's requirements for being insured, licensed and bonded to do work in public streets and/or prequalified to perform water/waste water construction as the case may be. The City hereby acknowledges and agrees that the following UPRR SWP FORMAL AGREEMENT RELATED 2 contractors are hereby pre-approved: Polivka International Company, Inc. ii. To require its contractor to furnish to the City a payment and performance bond in the names of the City and UP for one hundred percent (100%) of the contract price of the infrastructure, and a maintenance bond in the name of the City for one hundred percent (100%) of the contract price of the infrastructure for a period of two (2) years insuring the maintenance and repair of the constructed infrastructure during the term of the maintenance bond. All bonds to be furnished before work is commenced and to meet the requirements of Chapter 2253, Texas Government Code. iii. To require the contractor(s) it hires to perform the construction work contemplated herein to provide insurance equal to or in excess of the amounts required by the City's standard specifications and contract documents for developer-awarded infrastructure construction contracts. The City shall be named as additional insured on all insurance required by said documents and same will be evidenced on the ACORD Certificate of Insurance supplied by the contractor's insurance provider and bound in the construction contract book. iv. To require its contractor to give 48 hours notice to the City's Construction Services Division of intent to commence construction so that City inspection personnel will be available; and to require the contractor to allow the construction to be subject to inspection at any and all times by City inspection forces, and not to install or relocate any sanitary sewer, storm drain, or water pipe unless a responsible City inspector is present and gives his consent to proceed, which consent shall not be unreasonably withheld or unduly delayed and to make such laboratory tests of materials being used as may be required by the City. v. To require its contractor to have fully executed contract documents submitted to the City to schedule a Pre-Construction Meeting. The submittal should occur no less than 10 working days prior to the desired date of the meeting. No construction will commence without a City- issued Notice to Proceed to UP's contractor. vi. To delay connections of buildings to service lines of sewer and water UPRR SWP FORMAL AGREEMENT RELATED 3 mains constructed under this Agreement until said sewer and water mains and service lines have been completed to the satisfaction of the Water Department. H. UP agrees to provide, at its expense, all engineering drawings and documents necessary to construct the improvements required by this Agreement. I. City shall not be responsible for any costs that may be incurred by UP in the relocation of any utilities that are or may be in conflict with any of the community facilities to be installed hereunder. J. UP hereby releases and agrees to indemnify, defend and hold the City harmless for any inadequacies in the preliminary plans, specifications and cost estimates supplied by UP for this Agreement. K. UP further covenants and agrees to, and by these presents does hereby, fully indemnify, hold harmless and defend the City, its officers, agents and employees from all suits, actions or claims of any character, whether real or asserted, brought for or on account of any injuries or damages sustained by any persons (including death) or to any property, resulting from or in connection with the negligent act or omission, recklessness, or willful misconduct of UP, its contractors, subcontractors, officers, agents or employees in the construction, design, performance or completion of any work to be performed by UP, its contractors, subcontractors, officers, agents or employees, or in consequence of any failure to properly safeguard the work. L. UP will further require its contractors to indemnify, defend and hold harmless the City, its officers, agents and employees from and against any and all claims, suits or causes of action of any nature whatsoever, whether real or asserted, brought for or on account of any injuries or damages to persons or property, including death, resulting from, or in any way connected with, the negligent act or omission, recklessness, or willful misconduct of UP, its contractors, subcontractors, officers, agents or employees in the construction, design, performance or completion of any work to be performed by UP, its contractors, subcontractors, officers, agents or employees of the construction of the infrastructure contemplated herein. Further, UP will require its contractors to indemnify, and hold harmless the UPRR SWP FORMAL AGREEMENT RELATED 4 City for any losses, damages, costs or expenses suffered by the City or caused as a result of said contractor's failure to complete the work and construct the improvements in a good and workmanlike manner, free from defects, in conformance with the Policy, and in accordance with all plans and specifications. M. Upon completion of all work associated with the construction of City-owned public infrastructure, UP will assign to the City a non-exclusive right to enforce the contracts entered into by UP with its contractor with respect to improvements consisting of such City-owned public infrastructure along with an assignment of all warranties given by the contractor with respect to improvements consisting of such City-owned public infrastructure, whether express or implied. Further, UP agrees that all contracts with any contractor with respect to improvements consisting of such City-owned public infrastructure shall include provisions granting to the City the right to enforce such contracts as an express intended third party beneficiary of such contracts. N. Inspection and material testing fees are required as follows: i. For Water and Wastewater improvements to be constructed under this CFA, if any, UP shall pay in cash an amount equal to four percent(4%) of the total construction costs of the water and wastewater improvements, as stated in the construction contract, for inspection and materials testing(2% for inspection and 2% for materials testing). ii. For Paving and Storm Drain improvements to be constructed under this CFA, if any, UP shall pay in cash paving and storm drain inspection fees equal to four percent (4%) and material testing fees equal to two percent (2%) for a total of 6% of the total Paving and Storm Drain construction cost as stated in the construction contract. iii. UP shall pay in cash the total cost of streetlights to be constructed herein or if the city is not installing the streetlights, inspection fees equal to four percent(4%) of the UP's share of the streetlight construction cost as stated in the construction contract. iv. UP shall pay in cash the total cost of street signs to be installed herein. O. COMPLETION WITHIN 2 YEARS i. Nothing contained herein is intended to limit UP's obligations under UPRR SWP FORMAL AGREEMENT RELATED 5 the Policy, this CFA, its financial guarantee, its agreement with its contractor or other related agreements. ii. The City may utilize UP's financial guarantee submitted for this CFA to cause the completion of the construction of the community facilities to be constructed pursuant to this Agreement if at the end the UPRR Construction Period set forth in the Formal Agreement, the community facilities to be constructed pursuant to this Agreement have not been completed and accepted. iv. The City may utilize the UP's financial guarantee to cause the completion of the construction of the community facilities to be constructed pursuant to this Agreement or to cause the payment of costs for construction of same before the expiration of the UPRR Construction Period set forth in the Formal Agreement if the UP breaches this CFA and fails to cure such breach within thirty (30) days after receipt of written notice of breach issued to UP by the City, or within such additional period of time as may be reasonably necessary provided UP diligently commences and pursues such cure, becomes insolvent or fails to pay costs of construction and the financial guarantee within thirty(30) days written notice of breach issued to UP by the City. P. All notices to be provided under this Agreement shall be delivered personally or sent by a recognized overnight air courier services, addressed to such party at the following addresses: Grantee: Union Pacific Railroad Company Attn: AVP Engineering—Design and Construction 1400 Douglas Street—STOP 0910 Omaha,NE 68179-0910 With a copy to: Union Pacific Railroad Company Attn: Real Estate Attorney 1400 Douglas Street—STOP 1580 Omaha,NE 68179-1580 City: Dale A. Fisseler, P.E. City Manager City of Fort Worth 1000 Throckmorton Street Fort Worth, TX 76102 UPRR SWP FORMAL AGREEMENT RELATED 6 With a copy to: Amy J. Ramsey Assistant City Attorney City of Fort Worth 1000 Throckmorton Street Fort Worth,TX 76102 A notice shall be deemed received by a party upon its personal delivery to that party, one business day after its deposit with a recognized overnight air courier service properly addressed to that party, or upon that party's actual receipt. Any party may change its notice address by notifying the other parry at its then-current notice addresses. R. If any term, condition or provision of this Agreement or the application thereof shall, to any extent, be invalid or unenforceable, the remainder of this Agreement (or the application of such term, provision or condition to persons or circumstances other than in respect of which it is invalid or unenforceable) shall not be affected thereby, and each term, provision and condition of this Agreement shall be valid and enforceable to the fullest extent permitted by law. (Remainder of page intentionally left blank Cost Summary Sheet to follow) UPRR SWP FORMAL AGREEMENT RELATED 7 Cost Summary Sheet Project Name: UPRR-Davidson Yard Improvements(Paving Improvements Associated With The Overhead Railroad Crossings at Rogers Road,University Drive,Old University and Forest Park Blvd. CFA No.: DOE No.: 6211 UPRR Davidson Yard Fort Worth, TX Contractor Cost Estimate(Polivka International Company, Inc.) Overhead Street Crossings -Pavement, Sidewalk and Curb&Gutter Replacement Rogers Road, University Drive, Old University Drive& Forest Park 7/23/2009 ITEM Quantity Unit Unit Price Total ROGERS ROAD 1 Traffic Control Plan Implementation 1 LS $ 83,961.50 $ 83,961.50 Subtotal $ 83,961.50 UNIVERSITY DRIVE 2 Traffic Control Plan Implementation 1 LS $ 49,435.00 $ 49,435.00 3 Remove 4" Median Pavement 390 SF $ 0.50 $ 195.00 4 Replace 4"Median Pavement 210 SF $ 4.00 $ 840.00 5 Remove Curb&Gutter 110 LF $ 1.00 $ 110.00 6 Replace Curb&Gutter 110 LF $ 18.00 $ 1,980.00 7 Remove Pavement(assume 8"concrete) 480 SF $ 0.50 $ 240.00 8 Replace Pavement(assume 8"concrete) 480 SF $ 9.00 $ 4,320.00 9 Remove 4"Concrete Sidewalk 355 SF $ 0.50 $ 177.50 10 Replace 4"Concrete Sidewalk 355 SF $ 5.00 $ 1,775.00 11 Relocate Street Light on wooded pole 2 EA $ 675.65 $ 1,351.30 Install 5-Bay Barrier System Attenuating Crash 12 Cushion TAU-11(N)-05 1 EA $ 3,000.00 $ 3,000.00 13 Remove Metal Beam Guard Fence 90 LF $ 2.00 $ 180.00 14 Install Metal Beam Guard Fence 69 LF $ 20.00 $ 1,380.00 Subtotal $ 64,983.80 OLD UNIVERSITY DRIVE 15 Traffic Control Plan Implementation 1 LS $ 5,682.50 $ 5,682.50 16 Remove Pavement(assume 8"concrete) 2,157 SF $ 0.50 $ 1,078.50 17 Replace Pavement(assume 8"concrete) 445 SF $ 9.00 $ 4,005.00 18 Remove Curb&Gutter 120 LF $ 1.00 $ 120.00 19 Replace Curb&Gutter 262 LF $ 18.00 $ 4,716.00 20 Install 4" Median Pavement 227 SF $ 4.00 $ 908.00 21 Remove Bike Trail Pavement 780 SF $ 0.50 $ 390.00 22 Replace Bike Trail Pavement(6"concrete) 780 SF $ 7.00 $ 5,460.00 23 Install 'Road Narrows"Sign 1 EA $ 250.00 $ 250.00 24 Install "Divided Median"Sign 1 EA $ 250.00 $ 250.00 25 Place 6"Topsoil&Seed/Hydromulch 1,400 SF $ 0.50 $ 700.00 UPRR SWP FORMAL AGREEMENT RELATED 8 26 Install 2-Bay QuadGuard System 1 EA $ 611.50 $ 611.50 27 Install Metal Beam Guard Fence 25 LF $ 20.00 $ 500.00 Subtotal $ 24,671.50 FOREST PARK 28 Traffic Control Plan Implementation 1 LS $ 73,090.00 $ 73,090.00 29 Remove 4"Median Pavement 375 SF $ 0.50 $ 187.50 30 Replace 4"Median Pavement 180 SF $ 4.00 $ 720.00 31 Remove Curb &Gutter 120 LF $ 0.75 $ 90.00 32 Replace Curb&Gutter 120 LF $ 18.00 $ 2,160.00 33 Remove Pavement assume 8"concrete 700 SF $ 0.50 $ 350.00 34 Replace Pavement(assume 8"concrete) 700 SF $ 9.00 $ 6,300.00 35 Remove 4"Concrete Sidewalk 305 SF $ 0.50 $ 152.50 36 Replace 4"Concrete Sidewalk 305 SF $ 5.00 $ 1,525.00 37 Install 2-Bay QuadGuard System 1 EA $ 611.50 $ 611.50 Subtotal $ 85,186.50 Grand Total $ 258,803.30 UPRR SWP FORMAL AGREEMENT RELATED 9 IN TESTIMONY WHEREOF,the City of Fort Worth has caused this instrument to be executed in quadruplicate in its name and on its behalf by its Assistant City Manager,attested by its City Secretary,with the corporate seal of the City of l d,and said UP has executed this instrument in quadruplicate,at Fort Worth,Texas this day of , 200 . CITY OF FORT WORTH UNION PACIFIC RAILROAD CO. Fernando Costa Na e. Lawrence zore Assistant City Manager Title: Assistant Vice President-Law Recommended: 7 B Beck,P.E. Program Manager and/or Water Department Wendy Chi-Babulal,EMBA,P.E. Development Engineering Manager Approved as to Form&Legali C-a.3� g i Contract authorizatiox 1 a�f 0 Assista City Attorney Date ATTEST: OFFiC1AL RECORD C17Y SECRETARY Marty Hendrix FT WORTH, TX City Secretary UPRR SWP FORMAL AGREEMENT RELATED 10 Check items associated with the project being undertaken; checked items must be included as Attachments to this Agreement Included Attachment ® Location Map ❑ Exhibit A: Water Improvements ❑ Water Estimate ❑ Exhibit A-1: Sewer Improvements ❑ Sewer Estimate ® Exhibit B: Paving Improvements ® Paving Estimate ❑ Exhibit 13-1: Storm Drain Improvements ❑ Storm Drain Estimate ❑ Exhibit C: Street Lights and Signs Improvements ❑ Street Lights and Signs Estimate UPRR SWP FORMAL AGREEMENT RELATED 11 ).Oar ��,ti9 Trinity Park ., L�'paygenAve P-tnrl,ey Ave T(niit y.•' o �' w t3rcx+atway st { 2 Wenneca Ave tO W Paterennim Sl ve Q f(I �aY-138 COrOen Rh L - C tits Rd 4 c0q FORE13T PARK BLVD. `y ' Font Worth BoL-anin Gatrdere� � m_ -71 _12t3- W Rosedale St _ w Ros eaalo st s j { ®� UNIVEF8ITY Irwin st ROGERIS RD. tatlatiae s>4a --0tovelI Ave Rosed ' Wale S ®RIVER811Y W t1lagnallaAve I m sc .Q W`VrCkeryr BIVd rn 'gc It st HnrrW)o Ave?',�, I� 5 CS `r 0 � � EdNUi S1 ac x Calllnsuvarlh 5k m t;ri{,;nielFyk�vr Park Placc :+�d• riron t s,�clia" Wve r; r 21 ("„remit Park x VICINITY MAP UPRR OVERHEAD STREET CROSSINGS, ROGERS ROAD, UNIVERSITY DRIVE, OLD UNIVERSITY DRIVE AND FOREST PARK BLVD. 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V, 3 a •da ,uiSd3AINn o� mo _ maw s 30 9m a W a I \ I ! s F- W LU a > U 3 - o � i ifi r� m� o� �z I r3 � o novm �N •� 1 + Noiwo poly ` aao Official site of the City of Fort Worth,Texas WO R CITY COUNCIL AGENDA FORT ri> COUNCIL ACTION: Approved on 9/22/2009 DATE: 9/22/2009 REFERENCE **C-23781 LOG NAME: 02SWP AMEND5 UPRR NO.: FORMAL AGREEMENT CODE: C TYPE: CONSENT PUBLIC NO HEARING: SUBJECT: Authorize Amendment No. 5 to City Secretary Contract No. 38136, a Formal Agreement Associated with the Southwest Parkway Project, Between the North Texas Tollway Authority, the Texas Department of Transportation and the Union Pacific Railroad Company; Authorize Related Easements, Encroachment, Reimbursement, Community Facility, Construction Coordination, Access and Maintenance, Temporary Permit, Highway Overpass Easement and Right of Entry Agreements; Authorize Amendment No. 1 to a Drainage and Waterway Agreement and Authorize Deeds RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to execute the following documents associated with the Southwest Parkway project: a. Encroachment Agreement with Union Pacific Railroad Company and waive administrative fees related thereto; b. Community Facilities Agreement with Union Pacific Railroad Company and waive administrative (not materials testing or inspection) fees related thereto; c. Easements from the Union Pacific Railroad Company to the City of Fort Worth for water and sewer pipelines at no cost with the Union Pacific Railroad Company responsible for cost of future relocations it requests, if any; d. Reimbursement Agreement with Union Pacific Railroad Company in an amount up to $100,000.00 for the design and construction costs related to the Trinity River East Bank Maintenance Road; e. Construction Coordination Agreement setting forth Union Pacific Railroad Company, the North Texas Tollway Authority and City of Fort Worth construction coordination procedures; f. Temporary Permit Agreements for construction activities of Union Pacific Railroad Company, the City of Fort Worth and the North Texas Tollway Authority on property not owned by the constructing party; g. Right-of-Entry Agreements for construction activities by Union Pacific Railroad Company on property the City of Fort Worth has the right to possess but has not yet obtained fee ownership; h. Highway Overpass Easement Agreement for the new Hulen Street Bridge to be constructed on and over Union Pacific Railroad Company property; i. Access and Maintenance Agreement for access and maintenance for the Hulen Street Bridge and water and sewer utilities constructed by the City of Fort Worth on Union Pacific Railroad Company property; J. Amendment No. 1 to a Drainage and Waterway Agreement with Union Pacific Railroad Company to provide that Union Pacific Railroad Company will make necessary modifications to City drainage facilities at the Union Pacific Railroad Company's sole cost and expense and that City of Fort Worth will maintain said facilities at City's sole cost and expense; k. Amendment No. 5 to City Secretary Contract No. 38136, a Formal Agreement with the North Texas Tollway Authority, Union Pacific Railroad Company and the Texas Department of Transportation to, among other things, establish funding sources, remove the parties' termination rights and authorize mutually agreeable property right conveyances; 2. Authorize conveyance in accordance with Amendment No. 5, of: a. Portions of parcels 51, 61 and 65 shown as 09-10 PT6 and PT8 (shown on the attached) to the Texas Department of Transportation, provided that the City of Fort Worth obtains fee ownership of the parcels; b. Parcels 51, Save and Except 09-10 PT6, provided the City obtains fee ownership of parcel 51, 53- PT1, 53-PT2, 55, 56-PT1, 56-PT2, 59, 60, 61, 62-PT1, 62-PT2, 65, Save and Except 09-10 PT8, provided the City obtains fee ownership of parcel 65 and 66 - 89, shown on the attached, to the North Texas Tollway Authority; and 3. Direct staff to reserve $500,000.00 from Bond Funds Transfer SWP00015 for environmental remediation on City-owned property that will be encumbered in a future council action. DISCUSSION: The 2004 Capital Improvement Program included funds for the Southwest Parkway 121T project. Subsequent funding was included in the 2007 Critical Capital Program. On January 6, 2009, (M&C C-23268) City Council approved a Formal Agreement with the North Texas Tollway Authority (NTTA), the Texas Department of Transportation (TxDOT) and Union Pacific Railroad Company (UPRR) to facilitate construction and operation of the Southwest Parkway across the Davidson Rail Yard (City Secretary Contract No. 38136) (City, NTTA and TxDOT are sometimes referred to as the "Project Partners"). Subsequently, the Formal Agreement was amended four times to extend certain termination dates associated with conditions precedent. During that time, staff has been working to satisfy all conditions and negotiate all related agreements, encroachments, easements, permits and property interests necessary for the execution of the final agreement between the Project Partners and UPRR. Encroachment Agreement Under the Formal Agreement, UPRR is required to obtain necessary easements or encroachments onto and over City-owned property for construction, operation and maintenance of the related UPRR rail improvements. Staff has reviewed and approved the construction plans submitted by UPRR for the crossing of four City streets (Rogers Road, University Drive, Old University Drive and Forest Park Boulevard) and the proposed encroachments have been reviewed and approved by the committee. City Council approval is required to grant encroachments into City owned right-of-way and waiver of the related $600.00 administrative fee. Community Facilities Agreement The Community Facilities Agreement (CFA) covers infrastructure work in City right-of-way that UPRR is required to perform in connection with its above described construction activities. There is no City participation in the CFA, but Council authorization is requested for the waiver of administrative fees associated with the CFA. The waiver does not include the materials testing and inspection fees, only the $500.00 staff administration fee. Water and Sanitary Sewer Easements Construction of the project requires the Water Department's relocation, at City cost and expense, of large water and sanitary sewer lines. Typically, UPRR only grants licenses for utility lines and those licenses require relocation at City expense. However, in this case permanent easements have been negotiated for lines being relocated. The easements will be provided at no cost to the City and any future relocation requested by UPRR will be at UPRR's sole cost and expense. Trinity River East Bank Maintenance Road The City Council appointed a 15 member Citizen's Advisory Group to develop a Corridor Master Plan for the Southwest Parkway. In developing the Corridor Master Plan, the Citizens Advisory Group identified the need to access the east bank of the Trinity River for maintenance and recreation. Staff has negotiated for the UPRR to cause the design and construction of a 10 foot wide maintenance road across the entire UPRR rail corridor as part of UPRR's project design and construction agreements. Under the proposed Reimbursement Agreement, the City will reimburse UPRR those design and construction costs in an amount up to $100,000.00. Amendment No. 5 Due to the complex nature of the Formal Agreement, the May 19, 2009, deadline was extended four times by Amendment Nos. 1 through 4 to September 23, 2009. The Formal Agreement contains termination provisions to be satisfied by a date certain. The termination events and current status are listed below: 1. The Hump Lead is not successfully tested: Current Status: The Hump Lead has been successfully tested and accepted by UPRR. 2. The plans and coexistences are not approved: Current Status: The parties are satisfied that the coexistence issues have been resolved. 3. Sufficient funds have not been officially appropriated and budgeted or are otherwise unavailable through other legal and dependable means to satisfy a project partner's obligations: Current Status: NTTA is accepting the approximated $95 million obligation associated with the Formal Agreement. TxDOT and NTTA will execute the necessary funding agreements including a $49,870,000 toll equity grant which will defray roughly half of NTTA's financial commitment. The City will have no funding obligations under this item. 4. The necessary property rights or licenses have not been delivered: Current Status: The necessary property rights and/or licenses have been identified to the satisfaction of the parties. The actual conveyances will be completed at a future date. 5. UPRR determines it will not obtain the required Permits as defined by the Formal Agreement under reasonably acceptable terms and conditions proximately related to the work in question prior to January 1, 2010: Current Status: The Permits as defined by the Formal Agreement and Attachment 10 thereto will be revised in Amendment No. 5 to remove Fort Worth and Western Railroad's crossing approval. With that deletion, UPRR is satisfied it will obtain the Permits prior to January 1, 2010. 6. The Project Partners reasonably determine UPRR is unlikely to obtain its required permits prior to January 1, 2010: Current Status: The Project Partners are satisfied that UPRR will obtain the Permits as revised by Amendment No. 5 prior to January 1, 2010. 7. A party reasonably determines on the basis of the environmental due diligence investigation conducted pursuant to the Formal Agreement that the results of said investigations are unsatisfactory with respect to property that party is to receive or convey: Current Status: All Parties are satisfied as to their respective obligations in regards to environmental due diligence. The City will be required to remediate a portion of Parcel 51 (Howell Instruments) at its sole cost pursuant to Amendment No. 5. This portion of property will be conveyed to TxDOT and a then there will be a separate conveyance from TxDOT to the UPRR to allow for rail use. Remediation costs are estimated to not exceed $500,000.00. Environmental Management is presently advertising invitations to bid for'perforrnance of the work needed for this effort. City Council approval of the above recommendations will ensure the Project Partners rights to complete construction of the Southwest Parkway and the new Hulen Street Bridge over the Davidson Yard. The project is located in COUNCIL DISTRICTS 3, 6 and 9. FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that funds are available in the current capital budget, as appropriated, of the 2007 Critical Capital Projects Fund. TO Fund/Account/Centers FROM Fund/Account/Centers C295 539120 303210000570 $500,000.00 C295 539120 303210000580 $100,000.00 Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Randle Harwood (6101) Additional Information Contact: Bryan Beck (7909) ATTACHMENTS PROPERTY MAPS.pdf