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HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2021-12RESOLUTION NO. FWHFC-2021-12 FORT WORTH HOUSING FINANCE CORPORATION RESOLUTION AUTHORIZING EXECUTION OF A CONTRACT WITH INTERFACE STUDIO, LLC TO PREPARE THE LAS VEGAS TRAIL NEIGHBORHOOD TRANSFORMATION PLAN WHEREAS, Section 394.032 of the Local Government Code provides that a housing finance corporation may make contracts and other instruments necessary to exercise its powers and that a housing finance corporation may plan, research, study, develop and promote the establishment of residential development; and WHEREAS, The Fort Worth Housing Finance Corporation (FWHFC), City of Fort Worth (CFW), and LVT Rise, Inc. (LVTR) (collectively the "parties") identified a need to address the state of housing, high levels of crime, and economic distress within the Las Vegas Trail Neighborhood; and WHEREAS, the predominant land use in the Las Vegas Trail Neighborhood is dense, multi -family housing with minimal amount of commercial development, jobs, or community services; and WHEREAS, the parties jointly issued a Request for Qualifications on August 18, 2021, for the development of a Neighborhood Transformation Plan for the Las Vegas Trail Neighborhood; and WHEREAS, the Request for Qualifications was for a multi -disciplinary team with expertise in the areas of neighborhood/community economic development, housing development, architecture, landscape architecture, urban design, streetscape design and implementation, and transportation design; and WHEREAS, the Request for Qualifications garnered seven proposals from consulting teams from across the United States that were reviewed by panel of CFW, FWHFC, and LVTR staff who recommended interviewing four finalist; WHEREAS, interviews were held on September 30, 2021, by a panel consisting of Fernando Costa, FWHFC General Manager; Victor Turner, FWHFC Assistant General Manager; Robert Alldredge, Assistant Police Chief; Willie Rankin of LVT Rise, Inc., and Mary -Margaret Lemons of Fort Worth Housing Solutions; and WHEREAS, the interview panelists determined that Interface Studio, LLC was the most qualified respondent due to their experience in neighborhood planning, ability to deeply engage with residents, and their skill in producing plans that have been successfully implemented. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE FORT WORTH HOUSING FINANCE CORPORATION: 1. THAT the Board authorizes the execution and delivery of a vendor services contract (the "contract") by and between the Corporation and Interface Studio, LLC in the amount of $198,460.00, subject to availability of funds, for the development of the Las Vegas Trail Neighborhood Transformation Plan on common and customary terms for the contracted services agreed to by the parties; 2. THAT Fernando Costa, General Manager of the Corporation, or Victor Turner, Assistant General Manager of the Corporation, or their duly appointed successors, are each authorized to execute and deliver the contract for and on behalf of the Corporation along with any related documents or agreements necessary to implement the contract, and each is authorized to extend, modify and amend the contract, the terms of the contract or the terms of any related documents or agreements, provided any such extensions, modifications and amendments are within the scope of the project, and in conformance with the goals and purposes of the Corporation, as may be amended from time to time. 3. THAT this resolution takes effect from the date of its adoption. AND IT IS SO RESOLVED. Adopted October 19, 2021 FORT WORTH HOUSING FINANCE CORPORATION Carlos E. Flores By• ib I Ibi , 11 Carlos Flores, President