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HomeMy WebLinkAboutContract 49927-R2 CSC No. 49927-R2 SECOND RENEWAL OF FORT WORTH CITY SECRETARY CONTRACT NO. 49927 —PROFESSIONAL SERVICES AGREEMENT This Second Renewal of Fort Worth City Secretary Contract No. 49927 ("Renewal") is made and entered into by and between the City of Fort Worth, a home rule municipal corporation of the State of Texas (the "City"), and MuniCap, Inc., a Maryland Corporation ("Consultant"). City and Consultant may each be individually referred to as a "party" and collectively referred to as "parties." WHEREAS, the parties previously entered into an agreement for Public Improvement District (PID) consulting and administration services, the same being Fort Worth City Secretary Contract No. 49927 ("Agreement''); and WHEREAS,the Agreement provided for an initial term of four years with renewals at the City's sole option; and WHEREAS, in connection with the first renewal, the parties amended the Agreement to add language required under state law, that renewal and amendment being Fort Worth City Secretary Contract No. 49928-R1A1; and WHEREAS, the current renewal period ends November 30, 2021; and WHEREAS, the parties wish to extend for an additional one-year renewal period. NOW, THEREFORE, City and Consultant, acting herein by and through their duly authorized representatives, agree as follows: I. That Fort Worth City Secretary Contract No. 49927, as amended by Fort Worth City Secretary Contract No. 49927-RIA1, is hereby renewed and extended for a one-year period to be effective beginning December 1, 2021, and to expire on November 30, 2022, unless terminated earlier in accordance with the provisions of the Agreement. OFFICIAL RECORD Renewal No.2—PID Consulting Services Agreement CITY SECRETARY FT. WORTH, TX 2. That all other provisions of Fort Worth City Secretary Contract No. 49927, as amended by Fort Worth City Secretary Contract No. 49927-R1A1, that are not expressly amended herein shall remain in full force and effect throughout the renewal period. 3. That this Renewal may be executed in several counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. A signature received via facsimile or electronically via email shall be as legally binding for all purposes as an original signature. IN WITNESS WHEREOF,the parties have executed this Renewal to be effective December 1,2021. CITY OF FORT WORTH: MUNICAP,INC.: By: By: K Name: Jesus "Jay" Chapa Name: Keenan Rice Deputy City Manager Title: President Date: Dec 14,2021 Date: Nov 23,2021 ,d4vn�n� ATTEST: oar FORT�aa OF°°°°°°° By: Ifto °�d° Name: Ron Gonzales,City Secretary ° ° tag °=d ��N o CONTRACT COMPLIANCE MANAGER: ��4° > r 000005 aQ� Z�nEXA�o. 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. By: �,- Name: Alex Laufer,Debt Manager APPROVED AS TO FORM AND LEGALITY: By: 0-'Ak Denis C.McElroy,Assistant City Attorney Contract Authorization: G-18969 OFFICIAL RECORD CITY SECRETARY Renewal No.2—PID Consulting Services Agreement FT. WORTH, TX