HomeMy WebLinkAboutContract 46319-A4csco Na. 46319-A4
AMENDMENT NO. #4
TO CITY SECRETARY CONTRACT NO. CSCO# 46319
WHEREAS, the City of Fort Worth ("City") and SLF IV — Chisholm Trail, L.P. ("Owner")
made and entered into a Transportation Impact Fee Credit Agreement, City Secretary Contract
No. 46319 (the "Agreement"); and
WHEREAS, Amendment 1(City Secretary Number 46319-A1) to reallocate certain credits
was executed on March 12, 2019; and
WHEREAS, Amendment 2(City Secretary Number 46319-A2) to reallocate certain credits
was executed on November 5, 2019; and
WHEREAS, Amendment 3(City Secretary Number 46319-A3) to reallocate certain credits
was executed on September 25, 2020; and
WHEREAS, it has become necessary to execute this Amendment No. 4 to said Agreement to
reallocate certain credits and replace Exhibit "F-3" with Exhibit "F-4" attached to this Amendment.
NOW THEREFORE, City and Owner, acting herein by and through their duly authorized
representatives, enter into the following agreement that amends the Agreement:
1.
$120,000.00 of credits have been allocated to Tract 8B (approximately 8.165 acres), being a
reallocation of credits from Tract 6A (approximately 17.4 acres), with Tract 6A's allocation of credits
now being $219,190.54, as shown in Exhibit "F-4" attached hereto, leaving an unallocated balance of
$0.00, subject to reallocation by Owner in accordance with the Agreement.
2.
Exhibit "F-3" to the Agreement shall be replaced with the Exhibit "F-4" attached hereto and
incorporated herein by this reference.
3.
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)
Transportation Impact Fee Credit Agreement Amendment 4
Chisholm Trail Ranch - CA-15-001
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
IN WITNESS WHEREOF, the undersigned parties have executed this Agreement to be
effective as of the date subscribed by the City's designated Assistant City Manager.
CITY OF FORT WORTH, TEXAS
�G�ZC'� � ,�,1
Dana Burghdoff (Mar 17, 20 ll:48 CDT
Dana Burghdoff
Assistant City Manager
Date:
M a r 17, 2021
Recommended By:
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DJ Ha�r 16, 2021 15:16 CDT)
DJ Harrell
Director, Development Services Department
By: Stratford Land Fund IV, L.P.
a Delaware limited partnership,
its co-managing Member
By: SLF IV 2020 GP, LLC
a Texas limited liability company,
its General Partner
Approved as to Form and Legality:
��1
DBlack (Mar 17, 202108:25 CDT)
Douglas Black
Assistant City Attorney
M&C: None required
ATTEST:
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Mary J. Kayser
City Secretary
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OWNER
SLV IV — Chisholm Trail, L.P.
a Texas Limited Partnership
By: SLF IV Property GP, LLC
a Texas Limited liability company,
its General Partner
Robe�t E G1nell
Robert E Unell (Mar 14, 202111:13 EDT)
Robert E. Unell
Manager
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
Leonard Mantey (Mar 13, 20211724 CST)
Leonard Mantey
Planning Manager, Strategic Operations
Development Services Department
Transportation Impact Fee Credit Agreement Amendment 4
Chisholm Trail Ranch - CA-15-001
�FFICIAL RECORD
CITY SECRETARY
FT. WORTH, T?C
EXHIBIT F-4
Allocation of Credits
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Transportation Impact Fee Credit Agreement Amendment 4 Page 3 of 4
Chisholm Trail Ranch - CA-15-001
ALLOC.ATION �FCREDITS
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Page 2 of 2
ChisholmTrail Ra�rch Approx, Area
Tract N��, {Acr�s} Cr�dits Allacated
Lot No. Block No.
3 5.C36 $ -
4 4.1� $ -
5 2 1 10.391 � 203,280.L'D
6A 17,�0 $ 219,190.54
6B 1 q 18.445 $ 278,055.D�
7 23,�� � 7.�O,O�D.CO
8A 1- 14 3 �4.996 $ 1,071,61�,37
8B '15 3 S,loS $ 120���CO,CO
8� 16 3 2.1 D� � -
9 105.9D $ -
'l�� 59,0�� $ -
11 17,17 $ -
18 6,631 $ -
Total Cre•�its All•�cated; $ 2,642,13.�,91
I�itial Credits p�r Agr�eme�rt; $ 2,642,13.�,91
RemainingCreditsto be allocated withi�rth� property; $0,00
Transportation Impact Fee Credit Agreement Amendment 4 Page 4 of 4
Chisholm Trail Ranch - CA-15-001