HomeMy WebLinkAboutContract 53214-A1 City Secretary Contract No.: 53214-A1
AMENDMENT NO. 1
TO CITY SECRETARY CONTRACT NO.53214
WHEREAS, the City of Fort Worth ("City") and BTC III Carter Logistics Center LLC
("Owner") made and entered into a Transportation Impact Fee Credit Agreement, City Secretary
Contract No. 53214(the"Agreement"); and
WHEREAS,it has become necessary to execute this Amendment No. 1 to said Agreement to
replace Exhibit"D"attached to the Agreement with the Exhibit"D-1" attached to this Amendment;
and
WHEREAS, it has become necessary to update Exhibit"E" attached to the Agreement with
the Exhibit"E-I"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.
Exhibits"D"and"E"to the Agreement shall be replaced with the Exhibits"D-1"and"E-1
respectively, 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)
Transportation Impact Fee Credit Agreement Amendment 1 OFFICIAL RECORD
BTC III Carter Logistics Center-CA-19-016 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 OWNER
BTC III Carter Logistics Center LLC
a Delaware limited liability company
Dana Burghdoff(Jul 6,202 :05 CDT)
Dana Burghdoff By Build-To-Core Industrial Partnership III LLC
Assistant City Manager A Delaware limited liability company
Jul 6 2021 its sole member
Date: �
By: BCG BTC III Managing Member LLC
a Delaware limited liability company
Recommended By: its Investment Managing Member
DJ Harrell(Jun 28,202108:52 CDT)
D.J. Harrell Melissa Barrett
Director,Development Services Vice President—Asset Management
Approved as to Form and Legality:
Qfjzd� Contract Compliance Manager:
Mack(Jul 2,202111:14 CDT)
Douglas Black By signing, I acknowledge that I am the person
Assistant City Attorney responsible for the monitoring and administration of
M&C: None required this contract, including ensuring all performance and
�o44`r0R reporting requirements
b opo R)
ATTEST: p�►o°° °0Lod��
° °
C r � ° °
V o o=d LEONARD A MANTEY(Jun 25,202115:50 CDT)
o o*
Mary J.Kayser �� °°° °°°°°°° a Leonard Mantey
City Secretary ��nEXAs�pa Planning Manager, Development Services
OFFICIAL RECORD
Transportation Impact Fee Credit Agreement Amendment 1
BTC III Carter Logistics Center-CA-19-016 CITY SECRETARY
FT. WORTH, TX
EXHIBIT D-1
Transportation Improvements
BTC III Carter Logistic; Cel7Cel'
*il"e foT CmdR Agaimsi
r _ f �y! ..= Tmnspoilet»n Jm:pact fees
AAghi-of-Way Ded i:a Lim
&{+rnsVuci»n
irr min
ate.- _ -----
2.1
,,. .
E'g:We Nnp mvements U"ts
im .' .03kcnweRd ROW DE(5Mtj0fk[PS-19-03[
ili iyin Oak GGveRd ConsbWiariofwesterfi two Jarkw[CPH107,77
ka
�11114if r��'Y r
Transportation Impact Fee Credit Agreement Amendment 1 Page 3 of 7
BTC III Carter Logistics Center-CA-19-016
EXHIBIT E-1
Credits Against Transportation Impact Fees
BTC III Carter Logistics Center
Transportation Impact Fee Credit Overview
Value of ROW Dedication
Instrument# Plat Case# Eligible Arterial Value
D219252891 FS-19-063 Oak Grove Road $ 63,389.00
Value of Capacity Added
City Project# Plat Case# Eligible Arterial Value
102222 FS-19-063 Oak Grove Road $ 1,910,796.00
Transportation Impact Fee Credit $ 1,974,185.00
Value of Existing Demand Number of Permits Collection Rate
Building Permits 4 $ 255,049.78
Net Credit Available $ 1,719,135.22
Transportation Impact Fee Credit Agreement Amendment 1 Page 4 of 7
BTC III Carter Logistics Center-CA-19-016
Right-of-Way Valuation for Oak Grove Rd
2017 Transportation Improvements Elan Project X-18
Estimated Construction Costs from 2017 $7,361,000.00
Transportation Improvements Plan
Value of Total Project Right-of-Way (20% of 1,472,200.00
Construction Cost)
Total Project Length (LF) 6,600
Arterial Cross-Section Width (LF) 110
Additional ROW needed for Roundabout (SF) 0
Total Project Right-of-Way (SF) 726,000
Fight-of-Way Value Per Square Foot $2.03
TAD Value as of 09/10/19
TAD Account 00437158
Total Area (SF) 1,264,982
Appraised Value $2,904.00
Value per Square Font $0.01
Right-of-Way Dedication
Oak Grove Rd FS-19-063
Recording Instrument D219252891
Total area of ROW to he dedicated 32,226 sq ft
Value per . F $ .03
Total Credit Available 63,388.78
Transportation Impact Fee Credit Agreement Amendment 1 Page 5 of 7
BTC III Carter Logistics Center-CA-19-016
Capacity Provided by Oak Grove Roadlmprovemenis CPN 102226.
Paving
(tern Eligible completed
No Description unit quanti� Quantity Unit Price credit Available
1 4"CONC SIDEWALK CO#1' SF 28,870 28,1370 $ 4.05 76 423.5D
2 SO"CONC PVMT ICO PI SY 7,369 7 369 $ 65.24 $ 486 753.55
3 6"LIMETR EATMENT lco n) SY 7,945 7,645 $ 4.19 $ 32r792_113
A HYDRATED UM E(CO 91[ TN 160 160 $ 22095 $ 35r352_DO
36 RAPRIER FREE RAMPr TYPE P-1(OD#1) Eh 8 8 $ 1,672.25 $ 13r37&00
37 REMOVE ASPHALT PAVEM ENT JIDD#1 SY 6,741 6,742 $ 9.56 $ 5 443.95
39 3"ASPHALT PVMT TYPE C CC-1 SY 404 404 $ 21.50 $ 666.00
39 7"ASPHALT BASE TYPE B CD#1 SY 404 404 $ SU.95 $ 2 5&3.60
40 IMPORTED EM BEDMENTAMCKFI LL CRUSHED ROCK(COS) SY 70 7113 $ 47.78 $ 3,344.60
41 4"5LD PVMT MARKI NG HAS(W)(CO#1) LF 2,272 2,272 $ 2.39 $ 5,430.0s
42 4"SLD PVMT MARKI NG HAS(Y)[CD#1) LF 3,998 3,999 $ 2.39 $ 9,555.22
43 6"SLD PVMT MARKING HAS W CONY LF 243 243 $ 4.79 $ 1 i61.54
44 6"SLD PVMT MARKING HIS. Y CD#1 LF 927 927 $ 4.79 $ 3 953_D6
45 BLOCK SOD PLACEMENT(00 Ni) SY 3,217 3,217 $ 8.56 $ 27,537.52
46 SEEDING HYDROMULCH(CO N1) SY 41332 4,332 $ 1.79 $ 7,75A_23
47 UNCLASSIFIED EXCAVATION BY PLAN(CD#1[ Cy 749 749 $ 14.33 $ 20,733.17
48 EMBANKMENT BY PLAN CD#1j Cy 2,273 2,173 $ 9.56 $ 2 773.88
14 BORROW BY PLAN CO 4f1 CY 3,015 8,1115 $ 7.00 $ 5 112_DO
13 TRAFFIC CONTROL OD#1j Mo 6 6 $ 1391.i10 $ M6_DO
16 DETOUR ROUTE(Co#21 LS 1 1 $ 2,M.16 $ 2,966_16
?i 2"SURFACE MILLING[CC 01) SY 155 155 $ 15.00 $ 2,325.10
22 VARIABLE DEPTH T-1(00#1[ SY 155 155 $ 30.00 $ 4,650.00
23 2"T-0 SURFACE COURSE CD#i) SY 155 15.5 $ L5.00 $ 2 325.00
Paying Subtotal $ 899 DOA3
Storm Drain
Item Eligible completed
Description Unit Unit Price
No. quantity Quantity credit Available
1. CONCRETE RI PRAP[C0#1) SY 92 92 $125.42 $ 11,53&64
2 S'MAN HOLE(CC#1[ EA 2 2 $5,972.32 $ 11,944.54
3 6'MAN HOLE 00 41 EA 2 2 $8 361.M $ 1 722.50
4 6%4 BO%CULVERT CD#1 LF 635 635 $355.51 $ 225743L65
5 5%4 BO%CULVERT(OD#1 LF 329 329 $32336 $ 1 392.02
6 24"RCA CLASS III(CD 40 LF 45E 45E $94.39 $ 38,650.52
T 36"RCA CLASS III(CO qY) LF 397 397 $125.42 $ 49,791.74
& 42"RCA CLA65 III(CD#1) LF 200 200 $1551& $ 31,D56 DO
9 46"RCA CLASS III CD#i LF 149 249 $165.14 $ 27,503_y6
10 4 STORM 1 UNCTION BOX CO 91 EA 2 2 $5 375 09 $ 1 750.13
11 G'STORI I 1 UNCTION BOX[CO 01[ EA 1 1 $6,956A6 $ 8,958.1v
12 4'STACK ED MANHOLE(CID#1) EA 1 I $5,375.O9 $ 5,37539
13 VY CURB IN LET�CO Ni) EA 5 5 $3,561.00 $ 17,805.DO
14 CUSTOM JUNCTION BOX CO 41 LS 1 1 515 708.00 $ 15 70&OD
Storm Drd In Subtotal S 576,027.62
Street Light Im prime ments
Items El-0ibde completed
Description Unit Unit Price
No_ Quantiq Quantity Credit AYailaMe
1 2"CONDT PVC SCi 60(T)IGO.I) LF ==7E 2,=?,S L4.33 S 32r643.74
2 ORNAMENTAL ASSMBLY,51 MPLE(CO#1[ EA 16 10 $ 1,194.46 s 11,944_W
3 CONTACT ENCL05UP E�PAD MOUNT[CO#1) EA 1 1 $ 10,152.94 $ 10,15234
4 GROUND BOX TYPE B W/APRON CD 41 EA 1 1 $ 1,493.08 $ 1 493_D8
5 RDUWY ILLUM TY 18 POLE ICO pi EA 10 10 $ 3,344.50 $ 33 445_DO
6 RD71WY ILLUM FOUNDATION TY 3,5,6,AND&(CONY) EA 10 10 $ 1i433.36 $ 14,333.50
7 6-63TRIPLEX€ALUM ELEC CONDUCTOR[COA#1) LF 2279 2,278 $ 4.78 $ 1or68&84
5lreet lights 9ubtutal S 114,901.&0
Pa�i ng Subtotal $ 899r40oA3
Storm Drain Subtotal ; 578r027.52
Street Lights subtotal $ 11 9D1.8D
CONSTRUCTION SUBTOTAL $ 1--92,329.85
Other Eligible Items
Desuiption
Engineering,Surveying and Material Testing 20P1A of Paving&Storm Drain S 318r465.97
otal Value of Ca pacify Provided $ 4910r796.00
Transportation Impact Fee Credit Agreement Amendment 1 Page 6 of 7
BTC III Carter Logistics Center-CA-19-016
Existing Demand (Building Permits) CPN 102222
4 $1,480,988.00
Street No Street Permit No. Collection Rate
Credit Available
7100 Oak Grove Rd PB19-09700 $ 63,388.78 $1,417,599.22
7424 Oak Grove Rd PB19-0701 $ 46,003.29 $1,371,595.93
7300 Oak Grove Rd PB19-0702 $ 131,013.42 $1,240,582.51
7424 Oak Grove Rd P021-01206 $ 14,644.29 $1,225,938.22
Credit Remaining $1,225,938.22
Existing Demand $255,049.78
Transportation Impact Fee Credit Agreement Amendment 1 Page 7 of 7
BTC III Carter Logistics Center-CA-19-016