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HomeMy WebLinkAboutContract 52337-A3 52337-A3 City Secretary Contract No.: AMENDMENT NO.3 TO CITY SECRETARY CONTRACT NO.52337 WHEREAS, the City of Fort Worth ("City") and AIL Investment, L.P., a Texas limited partnership ("AIL"),Hillwood Alliance Residential,L.P., a Texas limited partnership ("HAR"), and Hillwood Multifamily Land, LP, a Texas limited partnership ("HML") (AIL, HAR and HML being collectively referred to herein as "Owner") made and entered into a Transportation Impact Fee Credit Agreement,City Secretary Contract No. 52337 (the"Agreement"); and WHEREAS, Amendment No. 1 (City Secretary Contract No. 52337-A1) to reallocate certain credits was executed on October 14, 2019; and WHEREAS, Amendment No. 2 (City Secretary Contract No. 52337-A2) to reallocate certain credits was executed on May 6, 2020; and WHEREAS, it has become necessary to execute this Amendment No. 3 to said Agreement to reallocate certain credits and replace Exhibit "F-2" with Exhibit "F-3" attached to this Amendment No. 3, NOW THEREFORE, City and Owner, acting herein by and through their duly authorized representatives,enter into the following agreement that amends the Agreement: 1. Exhibit"F-2" to the Agreement is hereby replaced with Exhibit"F-3" attached hereto and incorporated herein by this reference. 2. All other provisions of the Agreement which are not expressly amended herein shall remain in full force and effect. (Remainder of Page Intentionally Left Blank) OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX IN WITNESS WHEREOF, the undersigned parties have executed this Amendment to be effective as of the date subscribed by the City's designated Assistant City Manager. CITY OF FORT WORTH,TEXAS OWNER: AIL Investment,L.P., a Texas limited partnership Dana Burghdoff(Sep 25,20 10:56 CDT By: AIL GP, LLC, Dana Burghdoff a Texas limited liability company, Assistant City Manager its general partner Sep 25,2020 -2 Date: By: cox L. Aussell u� 1 Recommended By: CSS Exe utive Vice resident Date: -3uxne ��, c7 0 `LO DT barrel/ Hillwood Alliance Residential, L.P., DJ Harrell(Sep 25,2020 09:32 CDT) a Texas limited partnership D.J. Harrell By: Hillwood Operating, L.P., Director, Development Services a Texas limited partnership, its general partner Approved as to Form and Legality: By: Hillwood Services GP,LLC, a Texas limited liability company, its general partner Mack(Sep 18,202014:52 CDT) Douglas Black By: Assistant City Attorney GqX L. usse au n required t,S S Executive Vice resident M&C: None re 9 Date: �un� a3. ao av ATTEST: bbbbo�nn�� Hillwood Multifamily Land,LP, p10 FORr�o9�d a Texas limited partnership coo °ad ,�00 0*=d By: Hillwood Multifamily Land GP, LLC, RU Cr7 P. �atvz a4 a o o for Ronald P.Gonzales(Sep 5,202011:05 CDT) 4 nEXASoOb a Texas limited liability company, its general partner Mary J. Kayser City Secretary By: Iuy L. R 1 Lau in leiS Executive Vice President Date: t a�+ Z0Z0 Transportation Impact Fee Credit Agreement-Amendment No. 3 Page 2 of 5 Alliance Town Center North-CA-17-012 OFFICIAL RECORD CITY SECRETARY FT.WORTH, TX Contract Compliance Manager: By signing, I acknowledge that I am the person responsible for the monitoring and administration of this contract,including ensuring all performance and reporting requirements. Jul, Vesterman(Sep 15,2020 20:40 CDT) Julie Westerman Graduate Engineer OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Transportation Impact Fee Credit Agreement-Amendment No. 3 Page 3 of 5 Alliance Town Center North-CA-17-012 EXHIBIT"F-3" Allocation of Credits [see following page(s)] Transportation Impact Fee Credit Agreement-Amendment No. 3 Page 4 of 5 Alliance Town Center North-CA-17-012 .................................................................. --------------- ------------------—............ --------------------------------------........... TRACT I C TRACTI E TRACT IMPACT FEE ALLOCATION L� TRACT 1F TRACT 1 A $0 TRACT 1 D TRACT 1 B $308,760 GOLDEN TRACT I C $76,336.63 =7 TRIANGLE BLVD TRACT I D $280,000 L-4 IC TRACT 1 E $0 TRACT 1F $0 TRACT $3,427,435.45 PRESTIGE RD!' TRACT $0 z TRACT4A $56,096.67 0 TRACT4B $0 Uj TRACT $0 E TRAC 1A rzotQNNI TRACT6 $0 TRACT6A $50,000 TRACT $0 L TRACT $0 TRACT9A $0 TRACT9B $0 TRACT 2 TRACT9C $513,888 TRACTIO $0 TRACT ":O ff I TOTAL $4,712,516.65 0 ATC TRACT 4A in%j R n TRACT 5 O TRACT 413 ;E TRACE t f TRACT L TRACT 6 PwuWE �VISTA DR ATC r—j GENERAL — �, Ll rWORTH DR— �D lj!mjl :11= 11 rill C3 T 8 DI 2P TRACT SUMMARY Ice 0 TRACT 1 A 100.369 AC LIKE J,I 75M z TRACT I B ;t 16.605 AC c f TRACT I C t 1.495 AC Q TRACT I D t 3.197 AC NORTH TARRANT PKWY ITRACT 9A TRACT I E t 1.701 AC TRACT 9B FL TRACT IF t 1.759 AC TRACT ±45.727 AC TRACT 9C TRACT ±8.940 AC MONTERRA TRACT4A t1.736 AC TRACT4B ±5.873 AC TRACT ±19.835 AC TRACT 10 TRACT ±17.786 AC TRACT6A t 1.930 AC .f D TRACT t 15,304 AC TRACT ±42.063 AC TRACT ± nQ 246 AC rn TRACTIO ±9.8M99 AC I---------- ........................... ...................... A 0 1,800- H I LWOOD PELOTON NORTH IIIII LAN. —ILLTI.— GFWHIC SCALE EXHIBIT F - 3 9800 Hillwood Parkway,Suite 300 1 9800 Hillwood Parkway Fort Worth,Texas 76177 1,9250 Phone 817-224-6000 Fart Worth,Texan 76177 T ILFax 817-22"076 —L PHONE:1117-162-110