Loading...
HomeMy WebLinkAboutContract 55738-A1 Date Received: Sep 22, 2022 City Secretary Time Received: 11:07 am Contract No.: 55738-A1 FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 55738 A COMMUNITY FACILITIES AGREEMENT BETWEEN THE CITY OF FORT WORTH AND BLOOMFIELD HOMES, L.P. This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 55738 ("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 Bloomfield Homes, L.P. ("Developer"), a Texas limited partnership. WHEREAS, the City and Developer entered into a Community Facilities Agreement for the construction of public infrastructure improvements for a Project known as Hulen Trails Phase 2, City Project Number 103141("CFA"); and WHEREAS, City and Developer executed a Completion Agreement as the financial guarantee for the CFA ("Completion Agreement"); and WHEREAS, the CFA and the Completion Agreement are filed with the City Secretary as City Secretary Contract Number 55738; and WHEREAS, Developer desires to replace the Completion Agreement with a cash deposit as the financial guarantee for remaining Improvements to be constructed pursuant to the CFA; NOW THEREFORE, City and Developer, acting herein by and through their duly authorized representatives, enter into the following agreement, which amends City Secretary No. 55738: 1. Section 5 of the CFA is amended to add the following paragraph: Developer has delivered to the City a cash deposit in the amount of $69,415.85 for the water, sewer, paving, storm drain Improvements and a cash deposit in the amount of $45,931.70 for the street light Improvements guaranteeing Developer's obligation to complete construction of the remaining Improvements and pay all contractors and material suppliers. City and Developer agree that the Developer may replace the Completion Agreement with cash deposit as the financial guarantee for the remaining Improvements. OFFICIAL RECORD City of Fort Worth,Texas CITY SECRETARY First Amendment to City Secretary Contract No.55738 FT. WORTH, TX Page 1 of 3 2. The Completion Agreement is terminated. 3. a. All other provisions of City Secretary Contract No. 55738 which are not expressly amended herein, shall remain in full force and effect. b. All terms in this First Amendment that are capitalized, but not defined, shall have the meanings ascribed to those terms in City Secretary Contract No. 55738. [SIGNATURES ON FOLLOWING PAGE] City of Fort Worth,Texas First Amendment to City Secretary Contract No.55738 Page 2of3 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 Bloomfield Homes, LP Dahl LAUGId,O7a • A- n_ . Dana Burghdoff(5e 21,2u22(9:49 CDT) Donald J Dykstra(Sep 20,2022 17:38 PDT) Dana Burghdoff Donald J. Dykstra Assistant City Manager President Date: Sep 21,2022 Date: Sep 20, 2022 Recommended by: "—"..d Dwayne Hollars(Sep 21,2D2207:57 CDT) Dwayne Hollars Contract Compliance Specialist Development Services Approved as to Form &Legality: Richard A.McCracken(Sep 21,2022 09:33 CDT) Richard A. McCracken Sr. Assistant City Attorney 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 a FORT�,_a� administration of this contract, including all a �00000000 y ATTEST: V O00 00 00 ,, performance and reporting requirements. 0 o� d ~0 d 41 e� L o 0 fG]V1Y1D7 fPi S. GDOdG��� 000 0�� Matt Tilly on behalf of( 21,202208:46 CDT) Jannette S.Goodall(Sep 21,202216:12 CDT) Yjp Q��d °�o oo° d Name: Janie Scarlett Morales Jannette S.City Secretary oodall ����*jXprr,�� Title: Development Manager OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX City of Fort Worth,Texas First Amendment to City Secretary Contract No.55738 Page 3of3