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HomeMy WebLinkAboutContract 45795 (2)CITY SECRETARY CONTRACT No.. y57 � r SHORT FORM COMMUNITY FACILITIES AGREEMENT Legal Description or Address 3474 Lovell Avenue, Fort Worth 76107 Project Name Park Hill Medical Office Building WHEREAS, this Agreement is by and between the City of Fort Worth, a Texas municipal corporation ("City"), Park Hill Landplan, LP.., authorized to do business in Texas ("Developer"), and Reliable Paving, Inc., authorized to do business in Texas, ("Contractor"). The parties named herein may collectively be referred to as a "Party" or the "Parties"; and WHEREAS, the Developer is the owner and/or developer of that certain property located within the City of Fort Worth's city limits at 3474 Lovell Ave., Fort Worth TX 76107(provide general description, street address, legal description) as shown on Attachment "A" incorporated herein; and WHEREAS, Developer desires to make improvements to the property consisting generally of Paving and Street Lights (general description) as shown on Attachment "B" ("Site Plan"), incorporated herein; and WHEREAS, pursuant to City of Fort Worth planning policies, Developer is to install certain community facilities consisting of Paving and Street Lights (general description) and valued at no more than $200,000.00 (including construction costs) ("Improvements"), as shown on Attachment "C" ("Engineers Estimate of Costs"), incorporated herein; and WHEREAS, Developer has engaged Contractor under a private contract ("Developer Contract") to perform the work described herein and as depicted on the attachments hereto; and WHEREAS, Developer is not seeking City's financial participation, nor is City requesting Developer to oversize the Improvements and City is not providing any funding toward the Improvements. NOW, THEREFORE, City, Developer and Contractor hereby agree as follows: AGREEMENT I. Contractor hereby agrees to furnish all labor, materials, tools and the necessary equipment for the construction and installation of the Improvements as indicated in Attachment C. II. The construction and installation of the Improvements shall be performed according to the City's current Standard Specifications for Public Improvements including the Standard City Conditions of the Construction Contract._ f_oxiaevgloper Awarded Projects, as each may be FIRMA: RECOR ITT Y( S NYOWEI-19 'TN Short Form CFA (Issued 2.07.2013 RECEIVED JUL 2 8 2014 amended from time to time, and any applicable Special Provisions as may be required for the Project. Where any discrepancies occur between the Special Provisions and the Standard Specifications, the Special Provisions shall govern. Such construction and installation and the location thereof shall be approved by the City's Director of the Transportation and Public Works Department, or his or her designee, prior to beginning work. A. It is agreed by and between the parties that the City has an interest in the proper performance of the installation of the Improvements. Developer and Contractor hereby grant to the City a non-exclusive right to enforce the Developer Contract for the installation of the Improvements along with an assignment of all warranties given by Contractor, whether express or implied. Further, 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. B. The Policy for the Installation of Community Facilities dated March 2001, approved by the City Council of the City of Fort Worth and as subsequently amended (the "Policy"), is hereby incorporated by reference as part of this Agreement for all purposes. Unless otherwise specifically stated herein, Developer agrees to comply with all provisions of the Policy applicable to a "Developer in the performance of its duties and obligations hereunder and Contractor agrees to comply with all provisions of the Policy applicable to a Developer's contractor as described by the Policy. C. Developer shall not be required to provide a developer's financial security. D. Contractor agrees to cause the construction of the Improvements 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 Improvements and the exhibits attached hereto. E. Developer shall pay to the City, in cash, fees for the construction inspection (4%) and material testing (2%) based on the construction cost of the Improvements. F. Prior to acceptance of the Improvements by the City, Developer and Contractor must provide in writing a statement that Contractor has been paid in full by Developer for all services related to the Improvements. Additionally, Contractor will submit an Affidavit of Bills Paid and Consent of Surety signed by the general contractor's surety (if any) to ensure that all subcontractors and suppliers for the Improvements have been paid in full. G. Developer shall award and oversee all contracts for the construction of the Improvements. H. Except as otherwise stated in this Agreement, Section II, Paragraph 8, Administration of the Construction Contract, Subsections B., C. 1, C. 3, C. 4, C. 6, F. and G. of the Policy do not apply. I. Contractor must be prequalified to perform work by the director of the department having jurisdiction over the infrastructure to be constructed, said contractor to also meet City's requirements for being insured, licensed and bonded to do work in public streets. J. Contractor shall give 48 hours' notice to the City's Construction Services Division of intent to commence construction so that City inspection personnel will be available; Contractor shall allow the construction to be subject to inspection at any and all times by City inspection forces and shall not install or relocate any sanitary sewer, storm drain, or water pipe unless a responsible City inspector is present and gives his consent to proceed, and Contractor shall make such laboratory tests of materials being used as may be required by the City. K. Developer and Contractor shall have fully executed contract documents submitted to the City prior to scheduling 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 Contractor. L Developer agrees to provide, at its expense, all engineering drawings and documents necessary to construct the improvements required by this Agreement. M. The City shall not be responsible for any costs for the relocation of any utilities that are or may be in conflict with any of the community facilities to be installed hereunder. The following checked items are associated with the project being undertaken; checked items must be included as Attachments to this Agreement Included Attachment X Location Map Exhibit A: Water Improvements Water Estimate Exhibit A-1: Sewer Improvements Sewer Estimate X Exhibit B: Paving Improvements X Paving Estimate Exhibit B-1: Storm Drain Improvements Storm Drain Estimate X Exhibit C• Street Lights and Signs Improvements X Street Lights and Signs Estimate IV. A. It is agreed by and between the parties that a Maintenance Bond, in the form as provided by City in the amount of One Hundred Percent (100%) of the Improvements shall be furnished by Contractor in favor of City for a period of two (2) years from the date of acceptance of the Improvements Short Form CFA (Issued 2 07 2013) Page 3 of 9 B In the event the amount of this contract is in excess of the sum of Twenty -Five Thousand Dollars ($25,000.00), a Performance Bond, in the form as provided by City, in the amount of One Hundred Percent (100%) of the Improvements shall be furnished by Contractor in favor of Developer and City. C. In the event the amount of this contract is in excess of the sum of Twenty -Five Thousand Dollars ($25,000.00), a Payment Bond, in the form as provided by City, in the amount of One Hundred Percent (100%) of the work shall be furnished by Contractor in favor of City and Developer and is intended for the benefit of all persons, firms and corporations who may furnish materials for or perform labor under this Agreement and the Developer Contract. V. Developer hereby agrees to pay Contractor for the work performed hereunder pursuant to the Developer Contract. VI. A copy of the Standard Specifications for Public Works Construction can be obtained by the Contractor the City of Fort Worth's Buzzsaw site at httn://bit.ly/XWgOvi VII. This contract shall bind the parties, their heirs, successors, assigns and representatives for the full and faithful performance of the terms hereof, jointly and severally. VIII. It is understood and agreed that all installations of Improvements made under the terms of this Agreement shall, upon acceptance of same by the City, immediately become the property of the City, as provided for by separate instrument, or this Agreement. IX. A. The Developer 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 B. Contractor covenants and agrees to, and by these presents does hereby, fully 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, Contractor indemnifies, and holds 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 specifications. X. Contractor shall, at its own expense, purchase, maintain and keep in force during the term of this Agreement such insurance as set forth below. Contractor shall not commence work under this contract until it has obtained all the insurance required under the Agreement and such insurance has been reviewed by the City; nor shall the Contractor allow any subcontractor to commence work on his subcontract until all similar insurance of the subcontractor has been obtained. All insurance policies provided under this contract shall be written on an 'occurrence" basis. WORKERS' COMPENSATION INSURANCE Workers' Compensation Employers Liability LIABILITY INSURANCE Statutory Limit $100,000 Each Accident. $500,000 Disease Policy Limit Commercial General Liability $1,000,000 Per Occurrence $2,000,000 Aggregate (No standard coverages are to be excluded by endorsement) AUTOMOBILE LIABILITY INSURANCE Short Form CFA (Issued 2.07.2013) Page 5 of 9 Commercial Auto Liability Policy $500,000 Combined Single Limit (Including coverage for owned, hired, and non -owned autos) UMBRELLA LIABILITY $1,000,000 Each Occurrence (Following Form and Drop Down provisions included) It is agreed by all parties to this contract that the insurance required under this contract shall: (A) Be written with the CITY OF FORT WORTH as an additional insured on General, Automobile and Umbrella Liabihty Insurance policies. (B) Provide for thirty (30) days written notice to the CITY OF FORT WORTH, before any insurance is cancelled, non -renewed or material changed, or any other cause. (C) Be written through companies duly authorized to transact that class of insurance in the State of Texas. Companies shall have a minimum A.M. Best rating of A VII. (D) Waive subrogation rights for loss of damage so that insurers have no right of recovery or subrogation against the CITY OF FORT WORTH, it being the intention that all required insurance policies shall protect all parties to the contract and be primary coverage for all losses covered by the policies. (E) Provide Certificates of Insurance evidencing the required coverage Each original copy of the Agreement shall have a copy of the valid certificate of insurance attached. XI. If any of the terms, sections, subsections, sentences, clauses phrases, provisions, covenants, or conditions of this contract are held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms, sections subsections, sentences, clauses, phrases, provisions, covenants, or conditions of this contract shall remain in full force and effect and shall in no way be affected, impaired, or invalidated. XII. This Agreement is performable in the State of Texas and shall be governed by Texas Law. Venue shall be in the county in which the work under this Agreement is performed. XIII. This Agreement may be executed in multiple counterparts which, when taken together, shall be a part of one document. EXECUTED by the parties in multiples, effective as of the later date subscribed by a Party hereto, as set forth below: CITY OF FORT WORTH se4tent*-41 Fernando Costa, Assistant City Manager Date: 1/24/14 Recommended By: ( /C2 C.,) Douglas VGA )Wiersig Director, �PW Department Approved As To Form And Legality: Douglas W. Black Assistant City Attorney ATT ary J. Kay(s City Secret Short Form CFA (Issued 2.07.2013) Page 7 of 9 DEVELOPER: Park Hill Landplan, LP.. By: � NAME: TITLE: i Date: 7/gAY CONTRACTOR: Reliable Paving, Inc. a‘, By: NAME: C rrwusig ri . 4o•.rz. TITLE: Mt" 64"" Date: 7/ / /V M&C: Date: oF11 nr9lla RECORD 1 @AY SECRETARY ' 1 W0RTh9 `ir X STATE OF TEXAS COUNTY OF TARRANT BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Fernando Costa, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of City of Fort Worth, and that he executed the same as the act of City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN CINDER MY HAND AND SEAL OF OFFICE this (72 9 day of � , 2014 _L MUALvt Notary Public in and for the State of Texas •v v E 1 a •''��"p'Y LINDA M. �IIRLIN � •:� ;'(' ..• MY COMMISSION EXPIRES ��#0%1.p i� ��• February 2, 2018 STATE OF TEXAS CoW40 COUNTY OF ct(ANT BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared; p, \,,j: s_c 4 ghl 6 , known to me to be the person whose name is subscribed to the f regoing instrument, and acknowledged to me that the same was the act of Developer ?Mkt lCua. lawn ns) I it , and that he executed the same as the act of DEVELOPER'S LEGAL NAME for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE thisja6 day of , 2014 otary Public in and for the State of Texas JERRI LYNN PICKETT g*/motVati Notary Public, State of Texas ): 4,1 My Commission Expires October 06, 2015 los oo Of • Short Form CFA (Issued 2.07.2013) Page 9 of 9 1 UNIT PRICE BID Bidlist Item No. 3212.0301 3213.0401 3213.0506 3216.0102 3213.0101 3212.0501 3212.0302 3211.0501 3211.0401 3441.4006 3441.4007 3123.0101 3217.0009 2605.3011 2605.3012 3441.1403 3441.1408 3441.3002 3441.3101 3441.3321 3441.3301 SECTION 00 42 43 PROPOSAL FORM Project Item Infonnation Description UNIT 1 - PAVING IMPROVEMENTS 4" Conc Sidewalk 6" Concrete Driveway Barrier Free Ramp, Type P-1 7" Conc Curb and Gutter 6" Conc Pvmt 4" Asphalt Base Type B 2" Asphalt Pvmt Type D 6" Lime Treatment Commercial Lime Slurry Install Alum Sign Ground Mount Install Alum Sign Ex Pole Mount Unclassified Excavation by Plan 4" SLD Pvmt Marking Paint (W) Sub -Total Unit 1 UNIT 2 - STREET LIGHTING 2" CONDT PVC SCH 40 (T) 2" CONDT PVC SCH 40 (B) N O 6 Triplex OH insulated Elec Condr N O 6 Insulated Elec Condr Rdwy ilium Assmbly TY 8 11,D-25, and D-30 100W HPS PC Lighting Fixture Furnish/Install 40' Wood Light Pole Rdwy Ilium Foundation TY 1,2 and 4 S ub -Total Unit 2 Total Specification Unit of Section No. Measure 00 42 43 BID PROPOSAL Page I of l Bidder's Application Bidder's Proposal Bid Quantity Unit Price 32 13 20 SF 4800 32 13 20 SF 1645 32 13 20 EA 6 32 16 13 LF 1640 32 13 13 SY 1922 32 12 16 SY 546 32 12 16 SY 546 32 11 29 SY 2468 32 11 29 TN 35 34 41 30 EA 1 34 41 30 EA 2 31 23 16 CY 2785 32 17 23 LF 1100 26 05 33 26 05 33 34 41 10 34 41 10 34 41 20 34 41 20 34 41 20 34 41 20 LF LF LF LF EA EA EA EA $3.70 $3.85 $750.00 $2.00 $36.00 $29.30 $14.70 $3.05 $177.00 $350.00 $250.00 $18.00 $1.00 75 $9.00 65 $16.00 130 $2.00 420 $1.50 2 $1,500.00 2 $250.00 1 $1,500.00 2 $750.00 Bid Value $17,760.00 $6,333.25 $4,500.00 $3,280.00 $69,192.00 $15,997.80 $8,026.20 $7,527.40 $6,195.00 $350.00 $500.00 $50,130.00 $1,100.00 $190,891.65 $675.00 $1,040.00 $260.00 $630.00 $3,000.00 $500.00 $1,500.00 $1,500.00 $9,105.00 $199,996.65 CITY OF FORT WORTH STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS Form Revised 20120120 00 41 00_00 43 13_00 42 43_00 43 37_Bid Proposal Workbook.xls PARK HILL MOB/ASC AZLE CD EAGLE MOUNTAIN LAKE ', LAKESIDE LAKE WORTH !\ g Il \SAGINAW LAKE WORTH CARSWELL AIR FORCE BASE PROJECT ut LOCATION e<6 BLUE MOUND a /CHI' RWY. �\GNt ® I VI MEACHAM AIRFIE -4---I o SANSOM \ • ` — RK \ \ \ II I ALTA VISTA AIRPORT 1 HALL OM 01TY rlo; ' sr GooDE / RPORT KELLER WATAUGA • OP 8 NOIr'TH F;I@HLAIs D HILLS • ha IVER OAKS y\, ORTH BENBROOK BENBROOK RESERVOIR r \RQ COLLE 0 HURST LLE BED ORD , ® v Loop Bzo /ED'GECLIFI' VILLAGE -r HILL ryo _ ro k'I — o ' HEAST LOOP tORST qy/�\EdERM�N m CROWLEY ) r� ll BURLES o me5 Baird, Hampton & Brown, Inc. 0 Engineering & Surveying 6300 Ridglea Place, Suite 700 Ft. Worth, TX 76116 Tel:(817)338-1277 Fax:(817)338-9245 E—Mail:mail@bhbinc.com Certificate of Authorization # F-000044 FFORT WOAIRTHRPORT SPINKS W.r RT H LAKE ARLINGTON LL IKEI*1IDALE \\ ARLINGTON /PA /DALWOHIGARDENS�� G \\ MANSFI LD BHB PROJECT NO. LOCATION MAP DATE 2012.123.000 03-25-2014 J TBM b1 Box Cut C CONCRETE PAVING ASPHALT PAVING PARK HILL MOB/ASC Interstate Highway 30 ,,, .. ,, „ ,,,,, „ ,, ' ' Locke Avenue x �;� (BO' Mght—ot—Way ..::cmvn».__...N, ��.. ,i:;.: :%,!w.sr;' .�.TYi'`a, r,s ��.,,.,tr.�.....,"�c,tc'+y ;�i�r.`�: d •``Vc �.�,, c�v.,.•r� n , , ,, „,. ''' • n::".. n a� oo Tv�o o/>oc<KY/ v lu4v v2c\4.s6o Vma/Z,orz waovx CONCRETE PAVING CONCRETE CURB CONCRETE SIDEWALK ! .ivw^/ \//exx`lix %> X5c) XXx >JCWJC-\x//./././ wf//r/mc., ...!... d • 1 r. Lovell Avenue (60' Right—of—W(1y) \ /O AIM p: 3'< TBM %2 ' Baird, Hampton & Brown, Inc. 0 Engineering 8c Surveying 6300 Ridglea Place Suite 700 Ft. Worth, TX 76116 Tel:(817)338-1277 Fax:(817)338-9245 E—Mail:mail®bhbinc.com Certificate of Authorization # F-000044 .55 4 sed PUBLIC SIDEWALK PUBLIC CONCRETE PAVEMENT PUBLIC ASPHALT PAVEMENT 7" CURB bt 60' 30' 0 ' 60' 120' GRAPHIC SCALE IN FEET EXHIBIT B - PAVING BHB PROJECT NO. DATE 2012.123.000 03-25-2014 T T OE ® SSMH SDM PP I _.O PARK HILL MOB/ASC \\\\\\\x\\\\\E\\N\\\\\\\__ J E Locke Avenue (60' egM—a—Wor) -\\\\\\\\\\\\\\\\\\\\\ NEW STREET LIGHT NEW STREET LIGHT 60' 3' 0 60' 120' ammer GRAPHIC SCALE IN FEET (Bo'- Lovell Avea-War)nue o Baird, Hampton (Sc Brown, Inc. a 0 D Engineering 8c Surveying 6300 Ridglea Place, Suite 700 Ft. Worth, TX 76116 TeI:(817)338-1277 Fax:(817)338-9245 E-Mail:mail®bhbinc.com Certificate of Authorization # F-000044 0 0 OE iE mcns TESI STA. SDMH ... �d CS iJ �PFH EXHIBIT C - STREET LIGHTING BHB PROJECT NO. DATE 2012.123.000 03-25-2014 1 SECTION 00 62 13 2 PERFORMANCE BOND 3 4 THE STATE OF TEXAS 5 6 COUNTY OF TARRANT 006213-1 PERFORMANCE BOND Page 1 of 2 KNOW ALL BY THESE PRESENTS: 7 That we, Reliable Commercial Construction, Inc., known as "Principal" herein and 8 L i Ec. fit D R fWti (osisit9y a corporate surety(sureties, if more than one) duly 9 authorized to do business in the State of Texas, known as "Surety" herein (whether one or more), 10 are held and firmly bound unto the Developer, Park Hill Landolan, LP., authorized to do 11 business in Texas ("Developer") and the City of Fort Worth, a Texas municipal corporation 12 ("City"), in the penal sum of, One Hundred Ninety -Nine Thousand Nine Hundred Ninety -Six 13 Dollars and Fifty Cents ($199,996.50), lawful money of the United States, to be paid in Fort 14 Worth, Tarrant County, Texas for the payment of which sum well and truly to be made jointly 15 unto the Developer and the City as dual obligees, we bind ourselves, our heirs, executors, 16 administrators, successors and assigns, jointly and severally, firmly by these presents. 17 WHEREAS, Developer and City have entered into an Agreement for the construction of 18 community facilities in the City of Fort Worth by and through a Community Facilities 19 Agreement, CFA Number 2013-086 :and 20 WHEREAS, the Prin ipal has entered into a certain written contract with the Developer awarded 21 the rrday of la /L,i , 20/ , which Contract is hereby referred to and made a 22 part hereof for all purpos s as if fully set forth herein, to furnish all materials, equipment labor 23 and other accessories defined by law, in the prosecution of the Work, including any Change 24 Orders, as provided for in said Contract designated as Paving and Street Lighting to Serve Park 25 Hill MOB/ASC. 26 NOW, THEREFORE, the condition of this obligation is such that if the said Principal 27 shall faithfully perform it obligations under the Contract and shall in all respects duly and 28 faithfully perform the Work, including Change Orders, under the Contract, according to the plans, 29 specifications, and contract documents therein referred to, and as well during any period of 30 extension of the Contract that may be granted on the part of the Developer and/or City, then this 31 obligation shall be and become null and void, otherwise to remain in full force and effect. CITY OF FORT WORTH STANDARD CITY CONDITIONS — DEVELOPER AWARDED PROJECTS Revised January 31, 2012 Park Hill MOB/ASC City Project Number - 02127 006213-2 PERFORMANCE BOND Page 2 of 2 1 PROVIDED FURTHER, that if any legal action be filed on this Bond, venue shall lie in 2 Tarrant County, Texas or the United States District Court for the Northern District of Texas, Fort 3 Worth Division. 4 This bond is made and executed in compliance with the provisions of Chapter 2253 of the 5 Texas Government Code, as amended, and all liabilities on this bond shall be determined in 6 accordance with the provisions of said statue. 7 IN WITNESS WHEREOF, the Principal and the Surety have SIGNED and SEAL D 8 this instrument by duly authorized agents and officers on this the day of tav 9 , 2014 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 ATTEST: (Principal) Secretary Witness as to Principal Witness as to Surety *Note: • • PRINCIPAL: Reliable Commercial Construction. Inc. BY: CA"vciai Signature n ,l • LC) An: - Ai A r- Name and Title Address: 1903 North Pevco Arlington, TX 76001 SURETY: SURETEC INSURANCE COMPANY Signature V. DeLene Marshall, Attornev-In-Fact Name and Title Address: 9737 Great Hills Trail, Suite 320 Austin, TX 78759 Telephone Number: 1-866-732-0099 If signed by an officer of the Surety Company, there must be on file a certified extract from the by-laws showing that this person has authority to sign such obligation. If Surety's physical address is different from its mailing address, both must be provided. The date of the bond shall not be prior to the date the Contract is awarded. CITY OF FORT WORTH STANDARD CITY CONDITIONS - DEVELOPER AWARDED PROJECTS Revised January 31, 2012 Park Hill MOB/ASC City Project Number - 02127 006214-1 PAYMENT FONT) ISSUED IN EIGHT (8) COUNTERPARTS 1 SECTION 00 62 14 2 PAYMENT BOND 3 4 THE STATE OF TEXAS 5 6 COUNTY OF TARRANT Page 1 of 2 Bond Number: 4396558 KNOW ALL BY THESE PRESENTS: 7 That we, Reliable Commercial Construction, Inc., known as "Principal" herein, and 8 SURETEC INSURANCE COMPANY , a corporate surety ( or 9 sureties if more than one), duly authorized to do business in the State of Texas, known as 10 "Surety" herein (whether one or more), are held and firmly bound unto the Developer, Landplan 11 Development Corp., authorized to do business in Texas "(Developer"), and the City of Fort 12 Worth, a Texas municipal corporation ("City"), in the penal sum of One Hundred Ninety -Nine 13 Thousand Nine Hundred Ninety -Six Dollars and Fifty Cents ($199,996.50), lawful money of the 14 United States, to be paid in Fort Worth, Tarrant County, Texas, for the payment of which sum 15 well and truly be made jointly unto the Developer and the City as dual obligees, we bind 16 ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, 17 firmly by these presents: 18 WHEREAS, Developer and City have entered into an Agreement for the construction of 19 community facilities in the City of Fort Worth, by and through a Community Facilities 20 Agreement, CFA Number 2013-086: and 21 WHEREAS, Principal has ntered into a certain written Contract with Developer, 44. 22 awarded the dayof G� 2014 which Contract is hereby , 23 referred to and made a part hereof fo all purposes as if fully set forth herein, to furnish all 24 materials, equipment, labor and other accessories as defined by law, in the prosecution of the 25 Work as provided for in said Contract and designated as Paving and Street Lighting 26 Improvements to Serve Park Hill MOB/ASC. 27 NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION is such that if 28 Principal shall pay all monies owing to any (and all) payment bond beneficiary (as defined in 29 Chapter 2253 of the Texas Government Code, as amended) in the prosecution of the Work under 30 the Contract, then this obligation shall be and become null and void; otherwise to remain in full 31 force and effect. CITY OF FORT WORTH STANDARD CITY CONDITIONS — DEVELOPER AWARDED PROJECTS Revised January 31, 2012 Park Hill MOB/ASC City Project Number - 02127