HomeMy WebLinkAboutResolution Fort Worth Housing Finance Corporation (FWHFC) FWHFC-2016-35RESOLUTION NO. FWHFC-2016-35
FORT WORTH HOUSING FINANCE CORPORATION
A RESOLUTION APPROVING A CONTRACT WITH SD CONSTRUCTION,
INC. FOR THE CONSTRUCTION OF SINGLE FAMILY HOUSES IN THE
HISTORIC SORTHSIDE NEIGHBORHOOD AND NORTHSIDE
NEIGHBORHOOD
WHEREAS, the City Council of the City of Fort Worth (the "City") established
the Fort Worth Housing Finance Corporation (the "Corporation") in 1979 pursuant to
Chapter 394, Texas Local Government Code, to facilitate housing initiatives in the City,
including but not limited to issuing tax exempt bonds, developing, rehabilitating and
promoting housing, and assisting low to moderate income City citizens in acquiring
quality, accessible, affordable housing through lending and construction activities;
WHEREAS, the Corporation is acting as a developer for the construction of
single family houses in the Historic Southside neighborhood and the Northside
neighborhood;
WHEREAS, on August 5, 2014, the Board adopted a resolution to contract with
IntegrityTexas Construction, Ltd. for the construction of single family infill housing in
the Evans and Rosedale, Northside, and Diamond Hill -Jarvis neighborhoods;
WHEREAS, at this time, four of the houses in the Historic Southside
neighborhood and the Northside neighborhood have yet to be constructed;
WHEREAS, due to significant delays and construction deficiencies by
IntegrityTexas Construction, Ltd., the Board has determined that it is necessary to hire a
new general contractor to construct the remaining four houses;
WHEREAS, the Corporation advertised a Request for Qualifications for a
general contractor (the "RFQ"), and SD Construction, Inc. submitted the only responsive
proposal;
WHEREAS, the houses will be sold by the Corporation to eligible homebuyers
based on the type of financing used for the construction of the houses; and
WHEREAS, the Board desires to enter into a contract with SD Construction, Inc.
to provide single family construction services to the Corporation for the development of
the remaining single family houses in the Historic Southside neighborhood and the
Northside neighborhood, approve all other contracts necessary for housing development,
approve the sale of the houses at negotiated prices to eligible homebuyers, and approve
all other actions necessary for single family housing development by the Corporation.
RESOLUTION NO. FWBFC-2016-35
PAGE
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE FORT WORTH HOUSING FINANCE CORPORATION:
1. THAT the Board approves the execution and delivery of a contract by and
between the Corporation and SD Construction, Inc. (the "Contract") to provide
construction and general contractor services for the Corporation's single family
housing development projects in the Historic Southside neighborhood and the
Northside neighborhood.
2. THAT the Board approves all related actions necessary for the construction of
single family houses for the Corporation's single family housing development
projects in the Historic Southside neighborhood and the Northside neighborhood.
3. THAT Fernando Costa, General Manager of the Corporation, or Aubrey Thagard,
Assistant General Manager of the Corporation, are each authorized to execute and
deliver the Contract for and on behalf of the Corporation along with any related
documents necessary to implement them, and each may extend, modify and
amend the Contract, provided any such extensions, modifications and
amendments are within the scope of the Corporation's single family housing
development projects in the Historic Southside neighborhood and the Northside
neighborhood, in compliance with City Ordinances, and the goals and purposes of
the Corporation as may be amended from time to time.
4. THAT to the extent any of the actions to develop single family houses in the
Historic Southside neighborhood and the Northside neighborhood as authorized
by these resolutions have already been taken by the Corporation, Fernando Costa
as General Manager, Aubrey Thagard as Assistant General Manager, .or any other
agent of the Corporation, the Board hereby ratifies and confirms such actions as
the valid actions of the Corporation effective as of the date such action was taken.
5. THAT this resolution takes effect on the date of its adoption.
AND IT IS SO RESOLVED.
Adopted December 6, 2016.
FORT W TH HOUSING FINANCE CORPORATION
By:
Ronald P. Gonzales, A si tant Secretary