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HomeMy WebLinkAboutContract 43477 (2)COMMUNITY FACILITIES AGREEMENT, THE STATE OF TEXAS § COUNTY OF TARRANT § City Secretary Contract No. 1-4 WHEREAS, SLF IV / Legacy Capital, L.P., authorized to do business in Texas ("Developer") and the City of Fort Worth, a Texas municipal corporation ("City"), each desires to make certain improvements related to McPherson Boulevard in the City of Fort Worth, Tarrant County, Texas as further described by Exhibits A-C attached hereto ("Project") in accordance with this Agreement as presented by the Cost Summary Table and Exhibits hereto and authorized by City Council via M&C C-25658 on the 12th day of June, 2012; and WHEREAS, the City has requested the undersigned Developer to cause, and the Developer desires to cause, the design, permitting and construction of the Project for which the City will reimburse the Developer for the City's portion of the work as outlined under Paragraph V of the General Requirements, below; and WHEREAS, Developer is willing and able to advance the Project on an earlier schedule than it might otherwise have been implemented; and WHEREAS, Developer will provide for the design of the Project; and WHEREAS, Developer agrees to award and construct the Project, and seek reimbursement from the City for a portion of the construction cost and certain construction -related expenses based on a public bid process. Developer Information: Developer Company Name: SLF TV / Legacy Capital, L.P. Address, State, Zip Code: 5910 North Central Expressway, Suite 1250 Dallas, TX 75206 Phone, E-Mail: (214) 361-5000 / sds@legacycap.com Authorized Signatory/Title: Steven D. Saxon, President Project Name: McPherson West Extension Project Location: Old Granbury Rd. to Chisholm Trail Pkwy. • • 1 Plat Case No.: TBD Plat Name: TBD Mapsco: Council District: 6 City Project No: TBD CFA: 2012 045 DOE* TBD To be completed by staff Received by: fnAr� Date: NOW, THEREFORE, KNOW ALL BY THESE PRESENTS: For and in consideration of the covenants and conditions contained herein, the City and the Developer do hereby agree as follows: General Requirements A. 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 ( `CFA') as if copied herein verbatim. Developer agrees to comply with all provisions of said Policy in the perfoumance of its duties and obligations hereunder and to cause all contractors hired by Developer to comply with the Policy in connection with the work performed by said contractors, except as otherwise limited by or provided in this agreement. B. Developer shall provide financial security for Developer's share of the project in confoiinance with paragraph 6, Section II, of the Policy and recognizes that there shall be no reduction in said collateral until the Project has been completed and the City has officially accepted the infrastructure. Financial security based on estimates of probable cost are acceptable for execution of this agreement; however, Developer shall be required to submit additional financial security (if any) based on accepted bid prices prior to scheduling a Pre -Construction Meeting. Combined CFA final Sept 12, 2008 2 C. Developer shall provide financial security for professional services related to engineering design in conformance with paragraph 6, Section II of the Policy City agrees to release said financial security upon approval of the final plans. D. Developer will submit, upon completion of the Project, 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 a written affidavit, acknowledgement that the Contractor has been paid in full for all the services, labor and materials provided under this contract. E Developer agrees to cause the construction of the improvements contemplated by this Agreement and that said construction shall be completed in a good and workmanlike manner and in accordance with all City standards and the City -approved construction plans specifications and cost estimates provided for the Project and the exhibits attached hereto. F. The following checked exhibits are made a part hereof: Water (A) , Sewer (A-1) , Paving (B) X Storm Drain (B-1) X . Street Lights & Signs (C) X G Exhibits based on conceptual design are acceptable for execution of this agreement; however, Developer shall submit exhibits based on approved construction plans prior to scheduling a Pre -Construction Meeting. H. The Developer shall award all contracts for the construction of community facilities in accordance with Section II paragraph 7. B. 2. and related sections of the Policy and the contracts for the construction of the public infrastructure shall be administered in conformance with paragraph 8, Section II of the Policy. I. For all infrastructure included in this Agreement for which the Developer awards construction contract(s), Developer 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. ii. To utilize contracts for construction of the Project that incorporate and 3 comply with the City's standard specifications and contract documents for developer -awarded infrastructure construction contracts, with any modifications of such specifications and documents subject to the written approval of the City. iii. To require its contractor to furnish to the City a payment bond and a performance bond in the names of the City and the Developer 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. iv. 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 v. 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, stomur drain, or water pipe unless a responsible City inspector is present and gives his consent to proceed, and to make such laboratory tests of materials being used as may be required by the City. vi. 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 the Developer's contractor. vii. To delay connections of buildings to service lures of sewer and water Combined CFA final Sept 12, 2008 4 mains constructed under this Agreement until said sewer and water mains and service lines have been completed to the satisfaction of the Water Depat linent. J. Developer agrees to provide, at its expense, all professional services necessary to design and construct the improvements required by this Agreement, including engineering drawings, studies, contract specifications, estimates, and other documents, surveying, platting, and right-of-way support. K. Developer agrees to submit said construction plans and documents to the City for review on or before September 30, 2012. L If construction plans and documents are not submitted to the City for review on or before September 30, 2012, or if subsequent review comments are not timely addressed the City shall have the right, after giving Developer written notice and fifteen (15) days to cure, to utilize the Developer's financial guarantee submitted for this Agreement to complete the engineering design of the Project. In connection with the foregoing completion by the City, Developer will assign any professional services contracts to the City that the City has chosen to accept assignment of and/or terminate all remaining professional services contracts, as directed by the City. M. Developer shall cause the installation or adjustinent of the required utilities to serve this phase of the development or to construct the improvements required herein. N. City and Developer will share any costs that may be incurred by Developer for construction staking or for the relocation of any franchise utilities that are or may be in conflict with any of the community facilities to be installed hereunder. O. Developer 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 the Developer for this Agreement. P. Developer agrees to provide, at its expense, all necessary rights of way and easements across property owned by Developer or its affiliates as required for the construction of the current and future improvements provided for by this Agreement. Developer retains rights under Texas Local Gov't Code Sec. 395.023. Dedication of all necessary rights of way and easements shall be made by separate instrument and shall be executed and placed into escrow prior to execution of this Agreement. Upon completion of the Project, as determined by final acceptance of the improvements by the City, default or material breach of this Community Facilities Agreement by Developer, or earlier by mutual agreement, the City shall have the right to record the escrowed documents in the land records of Tarrant County, Texas. Q. The Developer 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 construction, design, performance or completion of any work to be performed by said Developer, his contractors, subcontractors, officers, agents or employees, or in consequence of any failure to properly safeguard the work, or on account of any act, intentional or otherwise, neglect or misconduct of said DEVELOPER, his contractors, sub -contractors, officers, agents or employees, whether or not such injuries, death or damages are caused, in whole or in part, by the alleged negligence of the City of Fort Worth, its officers, servants, or employees. R. Developer 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 construction of the infrastructure contemplated herein, whether or not such injuries, death or damages are caused, in whole or in part, by the alleged negligence of the City of Fort Worth, its officers, servants, or employees. Further, Developer will require its contractors to indemnify, and hold harmless the 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 Combined CFA final Sept 12, 2008 6 specifications and shall cause to be executed and delivered to the City an indemnity agreement from such contractors on a form to be promulgated by the City. S. Developer agrees that all contracts with any contractor shall include provisions granting to the City the right to enforce such contracts as an express intended third party beneficiary of such contracts. Further, upon completion of all work associated with the construction of the infrastructure and improvements, Developer, by this instrument automatically assigns to the City a non-exclusive right to enforce the contracts entered into by the Developer with its contractor along with an assignment of all warranties given by the contractor, whether express or implied. T. Inspection and material testing fees for improvements expressly contemplated by this agreement are waived; however, Developer shall be responsible for the cost of all additional and ancillary improvements, including, but not limited to driveways and median openings, including associated inspection and materials testing fees. U. COMPLETION i. If construction of the Project has not commenced within seven months from the execution of this Agreement, or if construction of the Project has not been substantially completed within one year from the commencement of construction, the City shall have the right, after giving Developer written notice and thirty (30) days to cure, to utilize the Developer's financial guarantee submitted for this Agreement to complete the construction of the Project. In connection with the foregoing, Developer hereby expressly acknowledges the City's Third - Party Beneficiary status with regard to contracts for design or construction, but will additionally assign any development or construction contracts to the City that the City has chosen to accept assignment of and/or terminate all remaining construction contracts, as directed by the City. ii. Nothing contained herein is intended to limit the Developer's obligations under the Policy, this Agreement, its financial guarantee, its agreement with its contractor or other related agreements. A. TPW Construction 1. Paving 2. Storm Dram 3. Landscaping 4. Street Lights TPW Construction Cost Sub -Total Franchise Utilities & Construction Staking TPW Construction Cost Total B. Construction Fees: Inspection Fee - Items 1-3 (4%) Material Testing Fee - Items 1-3 (2%) Street Light Inspection Fee (4%) TPW Construction Fees Total Total TPW Project Cost Cost Summary Developer's Cost City's Cost $ 861,637.50 $ 161,000.00 $ 11,500.00 $ 71,587.50 $ 1,105,725.00 $ 28,750.00 $ 1,134,475.00 RIP $ 1,134,475.00 Total Cost 861,637.50 $ 1,723,275.00 161,000.00 $ 322,000.00 11,500.00 $ 23,000.00 71,587.50 $ 143,175.00 1,105,725.00 $ 2,211,450.00 $ 28,750.00 $ 57,500.00 $ 1,134,475.00 $ 2,268,950.00 82,731.00 41,365.50 5,727.00 129,823.50 82,731.00 41,365.50 5,727.00 129,823.50 1,264,298.50 $ 2,398,773.50 Combined CFA final Sept 12, 2008 8 V. With respect to the City Funded Costs, on or before the fifth (5th) day of each calendar month during the term hereof, Developer shall submit to the City (i) an Application for Payment (herein so called) describing that portion of the City Funded Costs that have been completed through the last day of the previous month, and (ii) invoices relating to such work previously performed and/or materials installed that are the subject of the Application for Payment. No later than the tenth (10) day of the month (the "Review Period"), the City shall review and approve the Application for Payment, and the City shall pay the Developer the amount requested in the Application for Payment and approved by the City within twenty-five (25) days after the earlier of (1) the expiration of the Review Period or (2) approval or deemed approval of the Application for Payment. If any portion of the Application for Payment is disputed by the City, then the City shall deliver to the Developer a written objection notice during the Review Period setting forth such objections in reasonable detail. The undisputed portion of the Application for Payment shall be timely paid to the Developer as provided above. If the City timely and reasonably objects to the Application for Payment, Developer shall exercise good faith efforts to cure the objectionable items to the City's reasonable satisfaction, and the process set forth above shall be repeated until the Application for Payment is completely approved and fully paid After the City has paid the funds requested in an Application for Payment, the Developer will obtain a release and/or waives of liens, claims, security interests and encumbrances arising out of the work paid for by the City and provide copies thereof to the City with each following Application for Payment 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 affixed, and said Developer has executed this instrument in quadruplicate, at Fort Worth, Texas this CITY OF FORT WORTH: Fernando Costa Assistant City Manager day of Recommended by: Transpgrtation & Public Works Department Douglas Director ersig, P.E. Water Department tot. Wendy Chi-Babulal, EMBA, P.E. Water Development Engineering Manager Approved as to Form & Legality: Douglas W. Black Assistant City Attorney ATTEST: Mary,. ' ayse City Secretary i Authorization: M&C: 51 igy Date: 6rel.IZ Combined CFA final Sept 12, 2008 DEVELOPER: SLF IV / Legacy Capital, L.P. By: Legacy Capital Partners, Ltd., a Texas Limited Partnership its General Partner By: Legacy Capital Company, a Texas Corporation its General Partner By• Steven . Saxon, President Art f°}5? riP titib 04;$* oop ate co s -4 Viz° *it �3yQ0a�ooa0 4:11 10 Water Department N A S. Frank Crumb, P.E. Director Check items associated with the project being undertaken; checked items must be included as Attachments to this Agreement Included Attachment ►/ rs /s Location Map Exhibit A: Water Improvements Water Estimate Exhibit A-1: Sewer Improvements Sewer Estimate Exhibit B: Paving Improvements Paving Estimate Exhibit B-1: Storm Drain Improvements Storm Drain Estimate Exhibit C: Street Lights and Signs Improvements Street Lights and Signs Estimate (Remainder of Page Intentionally Left Blank) 11 M&C Review Page 1 of 2 \c" :11 Lk i_.\\\\\ -1 ic)A Official site of the City of Ford: Worth, Texas FORT Wo wi'i I . 1• `I COUNCIL ACTION: Approved on 6/12/2012 n Ordinance No. 20252'30602012 DATE: 6/12/2012 NO.: REFERENCE CODE: C TYPE: C-25658 NON - CONSENT LOG NAME: PUBLIC HEARING: 06MCPHERSON BOULEVARD TPW CFA NO SUBJI :CT: Authorize Execution of a Community Facilities Agreement with SLF IV/Legacy Capital, L P., in the Amount of $2,268,950.00 for Improvements to McPherson Boulevard from the Chisholm Trail Parkway to Old Granbury Road and Adopt Appropriation Ordinance (COUNCIL DISTRICT 6) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Transportation Impact Fund in the amount of $272,000.00 from available funds; and 2. Authorize the execution of a Community Facilities Agreement with SLF IV/Legacy Capital, L P., for paving and related improvements to the northern two lanes of McPherson Boulevard from the Chisholm Trail Parkway to Old Granbury Road in the amount of $2,268,950.00 of which the City participation is 50 percent or $1,134,475.00. DISCUSSION: The construction of the Chisholm Trail Parkway in southern Tarrant County includes the closure of two County roads, Stewart -Feltz and Old Granbury Road, as shown in the attached exhibit. Tarrant County has raised concerns with the North Texas Tollway Authority, the Texas Department of Transportation and the City over the impacts to mobility in the area due to these permanent closures. Staff from these agencies have been working closely over the last few months to mitigate the impacts of these two closures. Various solutions to the Old Granbury Road closure were considered, including the construction of a new bridge over the Parkway to allow Old Granbury Road to remain in service and the proposed extension of McPherson Boulevard from the Chisholm Trail Parkway interchange to Old Granbury Road. The most cost effective solution is the extension of McPherson Boulevard, a minor arterial on the City's Master Thoroughfare Plan. Staff approached the owner of the adjacent property, SLF IV/Legacy Capital, L P., and has reached an Agreement for the owner to cause construction of the needed improvements with reimbursement by the City for 50 percent of the construction cost. The owner is responsible for the remaining construction costs, engineering design and dedication of the needed right-of-way. This project is consistent with the City's expansion of the arterial network to support the Chisholm Trail Parkway. The total amount of City participation is $1,134,475.00 with $272,000 00 from available Impact Fee Funds and $862,475.00 in 2007 Critical Capital Program for arterial construction associated with the Chisholm Trail Parkway. The project will be publicly bid by the owner. This project is located in COUNCIL DISTRICT 6. _0 7• - lP {O r, : 43 IN http://apps.cfwnet.org/council packet/mc_review. asp?ID=16969&councildate=6/12/2012 07/10/2012 ivl&C Review Page 2 of 2 FISCAL INFORMATION/CERTIFICATION: The Financial Management Services Director certifies that upon adoption of the attached appropriation ordinance, funds will be available in the current capital budgets as appropriated, of the Transportation Impact Fund and 2007 Critical Capital Projects Fund. TO Fund/Account/Centers 1)0206 488139 061249992700 $272.000.00 1)C206 541200 061249992700 $272.000.00 FROM Fund/Account/Centers 2)C295 541600 303230000587 $862.475.00 2) C206 541200 063230000587 $272.000.00 Submitted for City Manaaer's Office by: Fernando Costa (6122) Oriainatina Department Head: Randle Harwood (6101) Additional Information Contact: Bryan Beck (7909) ATTACHMENTS 06MCPHERSON BOULEVARD TPW CFA AO12.doc McPherson Exhibit MC.Ddf http://apps.cfwnet.org/council_packet/mc_review.asp7ID=16969&councildate=6/12/2012 07/10/2012