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HomeMy WebLinkAboutContract 50269-A2 09/30/21 CSC No.50269-A2 1:23 pm SECOND AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 50269 A COMMUNITY FACILITIES AGREEMENT BETWEEN THE CITY OF FORT WORTH AND EME PANTHER ISLAND,LLC This SECOND AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 50269 ("Second 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 EME Panther Island,LLC, a Delaware limited liability company authorized to conduct business in the state of Texas ("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 Encore Panther Island, City Project Number 101343 ("CFA"); and WHEREAS, the City and Developer executed a first amendment to the CFA to extend the construction deadline to September 1, 2021, City Secretary Contract 50269-A1; and WHEREAS, due to unforeseen circumstances beyond Developer's control, Developer desires to extend the deadline to complete construction of the Improvements; and WHEREAS, City and Developer desire to amend the CFA to reflect the new deadline for Developer to compete construction of the Improvements; 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. 50269: 1. Section P of the CFA is amended in its entirety to read as follows: P. COMPLETION DEADLINE i. Developer shall complete construction of the Improvements and obtain the City's acceptance of the Improvements by November 15, 2021. 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 the Improvements have not been constructed by Developer and accepted by the City by November 15, 2021. 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 the construction of the Improvements before SECOND AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 50269 OFFICIAL RECORD A COMMUNITY FACILITIES AGREEMENT BETWEEN CITY SECRETARY THE CITY OF FORT WORTH AND EMF PANTHER ISLAND,LLC FT. WORTH, TX November 15, 2021 if Developer breaches this Agreement, becomes insolvent, or fails to pay the costs of construction. 2. a. All other provisions of the CFA, which are not expressly amended herein, shall remain in full force and effect. b. All terms in this Second Amendment that are capitalized but not defined shall have the meanings ascribed to those terms in the CFA. [REMAINDER OF PAGE INTENTIONALLY BLANK] SECOND AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 50269 Page 2 of 3 A COMMUNITY FACILITIES AGREEMENT BETWEEN THE CITY OF FORT WORTH AND EMF PANTHER ISLAND,LLC 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 EMF Panther Island, LLC DGlblGl �l �W A Delaware limited liability company Dana Burghdoff(Sep 27,20211 :56 CDT) Dana Burghdoff By: EMF Panther Island,LP Assistant City Manager Its sole member Date: Sep 27,2021 By: EMF Panther Island GP,LLC Its general partner Recommended by: By: Encore Multi-Family, LLC Its Manager Evelyn Rog s(Sep 23,2021 13:42 CDT) Evelyn Roberts/Jennifer Ezernack Char-li e Keels Project Assistant Charli e Keels(Sep 23,202110:57 CDT) Development Services Charlie Keels Authorized Signatory Approved as to Form & Legality: Date: Sep 23,2021 Contract Compliance Manager: Richard A.McCracken(Sep 24,2021 09:49 CDT) Richard A. McCracken By signing, I acknowledge that I am the Sr. Assistant City Attorney person responsible for the monitoring and administration of this contract, including all performance and reporting requirements. M&C No.N/A Form 1295: N/A Janie Scarlett Morales ATTEST: Development Manager Ronald P. Gonzales, Ast�fv SBGLefa� Ronald P.Gonzales,Acting City Secretary(Sep 29,202108:13 CDT) pq� FOR �aT o0000 ( Mary J. Kayser/Ronald Gonzales V O°o°° °°°°O�d City Secretary/Assistant City Secretary �� ..0 o 0vo g=d �° o°odd o �44 nEXAsoAp OFFICIAL RECORD SECOND AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 50269 CITY SECRETARY A COMMUNITY FACILITIES AGREEMENT BETWEEN FT. WORTH, TX THE CITY OF FORT WORTH AND EMF PANTHER ISLAND,LLC