HomeMy WebLinkAboutContract 45489 (2)CITY SECRETARY
ONTRACT
AUTHORITY
April 7, 2014
City of Fort Worth
Housing and Economic Development Department
Attn: Director
1000 Throckrnorton Street
Fort Worth, TX 76102
Re: Project Cost Funding Agreement by and between the Board of Directors of
Tax Increment Reinvestment Zone Number 9, City of Fort Worth, Texas
and Tarrant Regional Water District, a Water Control Improvement District
("Project Funding Agreement")
Gentlemen:
This letter is intended to confirm our respective agreements with respect to the advance
of funds described below.
At the request of the City of Fort Worth, Tarrant Regional Water District, through the
Trinity River Vision Authority, has agreed to advance the sum of $100,000 to Fort Worth &
Western Railroad in order to secure certain utility easements and relocations necessary for
construction of the Trinity River Vision Project, primarily in connection with the construction of
bridges necessary to the Project. As such, this advance is a "Project Cost" as defined in Section
1.10 of the Project Funding Agreement.
We respectfully request that you confirm that the payment of the sum of $100,000 to the
Fort Worth & Western Railroad for the purposes described above is agreed to be a "Capital
Advance" under the terms of the Project Funding Agreement.
Thank you for your attention to this matter.
Telephone: (817) 698-0700
307 West 7th Street, Suite 100
Fort Worth, Texas 76102
trinityrivervision. org
Fax: (817) 878-5782
RECEIVED APR -- 9 2014
City of Fort Worth
Housing and Economic Development Department
April 7, 2014
Page 2
AGREED:
CITY OF FORT WORTH, TEXAS:
By�fil9ZA~4 Cesse----•
Fernando Costa
Assistant City Manager
Date: 4/5/',4
Approved as to Form and Legality:
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Name: e � Vi'aJcName:.ef
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Title: Assistant City Attorney
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Telephone: (817) 698-0700
307 West 7th Street, Suite 100
Fort Worth, Texas 76102
trinityrivervision. org
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Fax: (817) 878-5782