HomeMy WebLinkAboutContract 54552-A1 (2) 07/19/2021 CSC No.54552-A1
12:49 PM
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 54552
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND KFH-CRG(TEXAS) L.P.
This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER
54552 ("First Amendment") is made and entered into by and between the City of Fort Worth,
a home-rule municipal corporation of the State of Texas ("City"), and KFH-CRG (TEXAS)
L.P., a Texas limited partnership ("Developer").
WHEREAS, the City and Developer entered into a Community Facilities Agreement
for the construction of public infrastructure improvements for a project generally described as
Hemphill Multifamily, City Project Number 102088 ("CFA"); and
WHEREAS,the City's Near Southside Medical District Street Repair Program("Street
Repair Program") conflicts with a portion of the work to be performed pursuant to the CFA;
and
WHEREAS,to avoid the conflict between the CFA and the Street Repair Program,the
City desires to participate in the CFA in an amount not to exceed $43,221.00 to oversize the
Improvements to Broadway Avenue and Petersmith Street; and
WHEREAS, on June 22, 2021, through M&C 21-0440, the City Council approved the
funding for the City's participation in the CFA; and
WHEREAS, City and Developer desire to amend the CFA to reflect the City's
participation in the oversizing of the paving work; and
WHEREAS,the City and Developer desire to amended the CFA to extend the deadline
for construction of the Improvements to be completed;
NOW THEREFORE, City and Developer, acting herein by and through their duly
authorized representatives, enter into the following agreement, which amends City Secretary
Contract No. 54552:
1.
The CFA is amended to add the following recitals:
WHEREAS, the City Participation in the CFA shall be in an amount not to exceed
$43,221.00 to oversize the paving Improvements to Broadway Avenue and Petersmith Street;
and
WHEREAS,the City Participation includes reimbursement to Developer in an amount
not to exceed$43,221.00 for construction costs.
OFFICIAL RECORD
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 54552 CITY SECRETARY
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND KFH-CRG(TEXAS)L.P. FT. WORTH, TX
2.
Section P of the CFA is amended to be and read as follows:
P. COMPLETION OF CONSTRUCTION
i. Developer shall complete construction of the Improvements by September 14,
2022.
ii. Nothing contained herein is intended to limit the Developer's obligations under
the Policy, this Agreement, its financial guarantee, its agreement with its
contractor or other related agreements.
iii. The City may utilize the Developer's financial guarantee submitted for this
Agreement to cause the completion of the construction of the Improvements if
on September 14, 2022 the Improvements have not been constructed and
accepted by the City.
iv. The City may utilize the Developer's financial guarantee to cause the completion
of the construction of the Improvements or to cause the payment of costs for
construction of same before September 14, 2022 if the Developer breaches this
Agreement,becomes insolvent or fails to pay costs of construction.
3.
The CFA is amended to add Section S,which shall be and read as follows:
S. CITY PARTICIPATION. City will pay Developer construction costs in an amount
not to exceed$43,221.00 for paving Improvements on Broadway Avenue and Petersmith Street.
City shall reimburse Developer after all Improvements have been constructed and accepted by
the City (commonly referred to as the green sheet) and Developer delivers an invoice to the
City.
4.
The Cost Summary Sheet of the CFA is amended to be and read as follows:
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 54552 Page 2 of 8
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND KFH-CRG(TEXAS)L.P.
Items Developer's Cost City's Cost Total Cost
A. Water and Sewer Construction
1. Water Construction $ 31,785.00 $ $ 31,785.00
2.Sewer Construction $ 19,620.00 $ $ 19,620.00
Water and Sewer Construction Total $ 51,405.00 $ $ 51,405.00
B. TPW Construction
1.Street $ 106,102.00 $ 43,221.00 $ 149,323.00
2.Storm Drain $ 7,760.00 $ - $ 7,760.00
3.Street Lights Installed by Developer $ 101,540.60 $ $ 101,540.60
4. Signals $ - $ $ -
TPW Construction Cost Total $ 215,402.60 $ 43,221.00 $ 258,623.60
Total Construction Cost(excluding the fees): $ 266,807.60 $ 43,221.00 $ 310,028.60
Estimated Construction Fees:
C.Water/Sewer Inspection Fee(2%) $1,028.10 $1,028.10
D. Water/Sewer Material Testing Fee(2%) $1,028.10 $1,028.10
Sub Total for Water Construction Fees $2,056.20 $2,056.20
E.TPW Inspection Fee(4%) $4,554.48 $4,554.48
F.TPW Material Testing(2%) $2,277.24 $2,277.24
Sub-Total for TPW Constrcution Fees $10,893.34 $10,893.34
Total Estimated Construction Fees: $ 12,949.54 $ - $ 12,949.54
TOTAL PROJECT COST $ - $ -
Financiai Guarantee Options,choose one Amount (Mark one)
Bond = 100% $ 266,807.60 x
Completion Agreement= 100%/Holds Plat $ 266,807.60
Cash Escrow Water/Sanitary Sewer= 125% $ 64,256.25
Cash Escrow Paving/Storm Drain= 125% $ 269,253.25
Letter of Credit= 125% $ 333,509.50
5.
The Cost Estimates of the CFA are amended to be and read as set forth in Exhibit"A"
of this First Amendment.
6.
Exhibit B: Paving Improvements of the CFA is amended to be and read as set forth in
Exhibit"B" of this First Amendment.
7.
a. All other provisions of the CFA, which are not expressly amended herein, shall remain
in full force and effect.
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 54552 Page 3 of 8
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND KFH-CRG(TEXAS)L.P.
b. All terms in this First Amendment that are capitalized but not defined shall have the
meanings ascribed to those terms in the CFA.
[REMAINDER OF PAGE INTENTIONALLY BLANK]
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 54552 Page 4 of 8
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND KFH-CRG(TEXAS)L.P.
IN TESTIMONY WHEREOF, the City and Developer have executed this instrument by
their duly authorized representatives to be effective on the date signed by the City's Assistant City
Manager.
CITY OF FORT WORTH DEVELOPER
KFH-CRG(TEXAS)L.P.
By: CRG—Tilton,LLC,its general partner
Dana Burghdoff(Jul 15,zo 9:05 cDT) By: CRG Services Management,LLC,its
Dana Burghdoff _ Manager
Assistant City Manager &V6(
Date: J u l 15,2021
Name: Christopher P. Mckee
Title: Chief Development Officer
Recommended by: Date: J u l 14,2021
Evelyn roberts(Jul 14,202123:05 CDT)
Evelyn Roberts/Jennifer Ezernack Contract Compliance Manager:
Project Assistant By signing, I acknowledge that I am the
Development Services person responsible for the monitoring and
administration of this contract, including all
performance and reporting requirements.
Approved as to Form & Legality:
Tehhife� lrnaCK On behalf of
Jennifer Ezernack on behalf of(Jul 15,202107:08 CDT)
Janie Scarlett Morales
Richard A.McCracken(Jul 15,2021 10:18 CDT)
Richard A. McCracken Development Manager
Assistant City Attorney
M&C No.N/A
Form 1295: N/A
ATTEST: �F°0 00000 a�
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vo g=d
Ronald P.Gonzales( ul 16,202109:55 CDT) o °o
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Ronald P. Gonzales �4 °°o000000O°°°
Acting City Secretary aa�*XAsoap
OFFICIAL RECORD
CITY SECRETARY
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 54552
A COMMUNITY FACILITIES AGREEMENT BETWEEN FT. WORTH, TX
THE CITY OF FORT WORTH AND KFH-CRG(TEXAS)L.P.
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FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 54552 Page 6 of 8
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND KFH-CRG(TEXAS)L.P.
EXHIBIT B
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FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 54552 Page 7 of 8
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND KFH-CRG(TEXAS)L.P.
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FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 54552 Page 8 of 8
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND KFH-CRG(TEXAS)L.P.