Loading...
HomeMy WebLinkAboutContract 53950-A1 Date Received: Jul 5, 2022 City Secretary City Project Number: 102507 Contract No.: 53950-Al FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 53950 A COMMUNITY FACILITIES AGREEMENT BETWEEN THE CITY OF FORT WORTH AND COOK CHILDREN'S MEDICAL CENTER This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 53950 ("First Amendment") is made and entered into by and between the City of Fort Worth ("City"), a home-rule municipal corporation of the state of Texas, and Cook Children's Medical Center ("Developer"), a Texas nonprofit corporation. WHEREAS, the City and Developer entered into a Community Facilities Agreement for the construction of public infrastructure improvements for a Project known as Cook Children's Medical Center, City Secretary Contract No. 53950 ("CFA"); and WHEREAS, the Developer desires a one year extension of the deadline to complete construction of the Improvements as authorized by the CFA Ordinance; and WHEREAS, Developer desires to reduce the amount of the Letter of Credit provided as the financial guarantee for the CFA as authorized by the CFA Ordinance; and NOW THEREFORE, City and Developer, acting herein by and through their duly authorized representatives, enter into the following agreement,which amends the CFA: 1. Section 5 of the CFA is amended to add the following to the end of the first paragraph: City and Developer agree that Developer may reduce the amount of the letter of credit to $862,684.42. 2. Section 6 of the CFA is amended to add the following paragraph after the first paragraph: Developer and City agree to an Extension Period of one (1) year. Developer shall complete construction of the Improvements and obtain the City's acceptance of the Improvements by February 27, 2023. 3. a. All other provisions of the CFA which are not expressly amended herein, shall remain in full force and effect. OFFICIAL RECORD City of Fort Worth,Texas CITY SECRETARY Amendment No. 1 to City Secretary Contract No. 53950 FT. WORTH, TX Page 1 of 3 b. All terms in this First Amendment that are capitalized, but not defined, shall have the meanings ascribed to those terms in in the CFA. [REMAINDER OF THIS PAGE TO REMAIN BLANK] City of Fort Worth,Texas Amendment No. 1 to City Secretary Contract No. 53950 Page 2 of 3 IN TESTIMONY WHEREOF, the City and Developer have executed this First Amendment to be effective on the date signed by the City's Assistant City Manager. CITY OF FORT WORTH DEVELOPER Cook Children's Medical Center oGzrw 3911-aGl410749" s ymlk Dana Burg hdoff(Aft,202216: 3 CDT) S encerSeaIs(Jun 27,202210:23 CDT) Dana Burghdoff Spencer Seals Assistant City Manager Vice President, Construction& Real Estate Date: . u l 1, 2022 Date: 'Jun 27, 2022 Recommended by: Tonnifor Ezornack Jennifer Ezernack(Jun 27,202210:48 CDT) Jennifer Ezernack Contract Compliance Specialist Development Services Approved as to Form & Legality: - � T. Royce Hansen Assistant City Attorney II Contract Compliance Manager: M&C No. N/A By signing, I acknowledge that I am the Form 1295: N/A person responsible for the monitoring and administration of this contract, including all ATTEST: performance and reporting requirements. Tgnnotto S. Goo�gll �� Le f' l U116 r3� on behalf WendyBe lee(Jun 27,2022 11:11 Jannette S.Goodall(Jul 1,2022 17:11 CDT) ) da��n Name: Janie Scarlett Morales Jannette S. Goodall City Secretary F aq� OR Title: Development Manager p�Fo 0000T0 p�0 0 0 � 00 0� 0 0 o� 0 0 a 0 00 000 a � nEapS��p OFFICIAL RECORD CITY SECRETARY City of Fort Worth,Texas FT. WORTH, TX Amendment No. 1 to City Secretary Contract No. 53950 Page 3 of 3