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Home My WebLink AboutContract 58376-A1Date Received: 4/21/2023 City Secretary Time Received: 2:54 p.m. Contract No.: 58376-A1 FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 58376 A COMMUNITY FACILITIES AGREEMENT AND COMPLETION AGREEMENT BETWEEN THE CITY OF FORT WORTH AND HT HWY 114 DEVELOPMENT, LP This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 58376 ("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 HT Hwy 114 Development, LP ("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 Tradition Central Phase 413, City Project Number 103865; 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 58376; and WHEREAS, Developer has not begun construction of the Improvements pursuant to the CFA; and WHEREAS, Developer desires to amend the CFA and the Completion Agreement to reflect that Developer has hired a new contractor to construct a portion of the Improvements; NOW THEREFORE, City and Developer, acting herein by and through their duly authorized representatives, enter into the following agreement, which amends City Secretary No. 58376: Section 36 of the CFA is amendment in its entirety to be and read as set forth in Exhibit A of this First Amendment 2. The Cost Estimates in the CFA for the water, sewer and storm drain Improvements for the CFA are amended in their entirety to be and read as set forth in Exhibit B of this First Amendment. 3. Section 2 of the Completion Agreement is amended in its entirety to be and read as follows: City of Fort Worth, Texas First Amendment to City Secretary Contract No. 58376 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX 2. The Completion Amount. The City and the Developer agree that the Hard Costs (as shown on Exhibit "B") required to complete the Community Facilities in the aggregate should not exceed the sum of Four Million Five Hundred Twenty -Seven Thousand Seven Hundred Twenty -Four Dollars and Forty -One Cents ($4,527,724.41) hereinafter called the "Completion Amount". Notwithstanding the foregoing, it is acknowledged that the actual costs of completion of the Community Facilities may vary as a result of change orders agreed to by the Parties, but such variances for the purposes of this Agreement shall not affect the Completion Amount as used herein. City hereby waives the requirement for developer to deposit a financial guarantee of 100% of the Hard Costs under the CFA Policy. a Exhibit B of the Completion Agreement is amended in its entirety to be and read as set forth in Attachment 1 of this First Amendment. 5. a. All other provisions of City Secretary Contract No. 58376 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. 58376. [SIGNATURES ON FOLLOWING PAGE] City of Fort Worth, Texas First Amendment to City Secretary Contract No. 58376 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 Dana Burghdoff ( r 21, 20 13:45 CDT) Dana Burghdoff Assistant City Manager Date: Apr 21, 2023 Recommended by: tic on Nq"�m Bichson Nguyen (A r 21, 023 10:31 CDT) Bichson Nguyen Contract Compliance Specialist Development Services Approved as to Form & Legality: Richard A. McCracken (Apr 21, 2023 13:09 CDT) Richard A. McCracken Sr. Assistant City Attorney M&C No. N/A Form 1295: N/A ATTEST: 1�� , -&-Z, �- Jannette S. Goodall City Secretary City of Fort Worth, Texas First Amendment to City Secretary Contract No. 58376 DEVELOPER HT HWY 114 DEVELOPMENT LP, a Texas limited partnership By: HT Hwy 114 Development LLC, a Delaware limited liability company, its general partner By: HT Hwy 114 LP, a Delaware limited Partnership, its sole member By: Hines Hwy 114 LLC, a Delaware limited liability company, its general partner By: Hines Hwy 114 Associates LP, a Texas limited partnership, its sole member By: Hines Investment Management Holdings Limited Partnership, a Texas limited partnership, its general partner By: �Pe6�tGl/. Gl/�Z Robert W. Witte (Apr 21, 2023 09:18 CDT) Robert W. Witte Senior Managing Director Date: Apr 21, 2023 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX CITY OF FORT WORTH: Contract Compliance Manager: By signing, I acknowledge that I am the person responsible for the monitoring and administration of this contract, including all performance and reporting requirements. Rebecca Diane Owen (Apr 21, 202312:02 CDT) Name: Rebecca Diane Owen Title: Development Manager City of Fort Worth, Texas First Amendment to City Secretary Contract No. 58376 EXHIBIT A 36. Cost Summary Sheet Project Name: Tradition Central Phase 413 CFA No.: CFA22-0111 City Project No.: 103865 IPRC No.: IPRC21-0179 Items Developer's Cost A. Water and Sewer Construction 1. Water Construction $ 824,564.16 2. Sewer Construction $ 818,370.40 Water and Sewer Construction Total $ 1,642,934.56 B. TPW Construction 1. Street $ 1,342,820.75 2. Storm Drain $ 1,367,852.10 3. Street Lights Installed by Developer $ 174,117.00 4. Signals $ - TPW Construction Cost Total $ 2,884,789.85 Total Construction Cost (excluding the fees): $ 4,527,724.41 Estimated Construction Fees: C. Construction Inspection Service Fee $47,000.00 D. Administrative Material Testing Service Fee $15,190.00 E. Water Testing Lab Fee $1,440.00 Total Estimated Construction Fees: $ 63,630.00 Choice Financial Guarantee Ontions. choose one Amount (Mark one) Bond = 100% $ 4,527,724.41 Completion Agreement = 100% / Holds Plat $ 4,527,724.41 X Cash Escrow Water/Sanitary Sewer= 125% $ 2,053,668.20 Cash Escrow Paving/Storm Drain = 125% $ 3,605,987.31 Letter of Credit = 125% $ 5,659,655.51 City of Fort Worth, Texas First Amendment to City Secretary Contract No. 58376 EXHIBIT B SECTIMMaO lk%x+opz Aouded Pmjecls - PROPOSAL PORM Trb]hiaai, Piifue J g,{ilr PwjettA10 M C k rT PMCU D tl} ProjCa1MMlnlormMion Mdder's Pmposnl c4sIs dlisl 5DCdriralion Uui l of Rid keir. `�P1Y0� SwimK0. hlcasure �ft!rililr unit3ri�c Bid Value 'Maier Far'lllim 1 0741 1.118 Prit##Urwt 02 41 $4 EA 4 Maw M. 2 35050109 Trrnc'r$.#rti 311as 10 LF am M10 -"Sam 3 3311Oi it r},a:l;le1WWailer Rltn wFReslrairt 3311 ti TOM 1.4 2,512-06 M197.10 4 3311A241 8" PVC Aver Pip 93 11 14, L1: 5.8119 S$kflo 5W7.015mC 5 331ijkm 8"PVCwalerPipe,C$Sf wffil 3311 10. LF 220 560LSO $17,710.3c $ 2311.0461 12"PVCWaLai-Poe 331112 LF W $110-1)0 $71,752. 7 9312.U441 Sid. Fre H nL Aaaemh wl B" Gate Valsre $ VaLwa D= 3312 40 EA S $6 Mc@ $70.5% S EQ.0117 GGrinect to ExIsilng W W.L. 9wh-ard 33 12 25 EA 1 31 29&00 31,290. 13 1913$2.2003 1 Ow.cslic WeberSenicea 331210 EA 152 31255�00 619070:.00 10 3312.3003 8"GatcValve$WIVE Box 3312W EA 201 $2470-00 S494i)r.CC 11 1391, . nns 12' Gabc Vahe 8 Veha Box 3312 W EA 21 $4 M-00 S9.02io-.-00 vowor suinotei Pan tarty Sewnf FncM-a 12 3301.000E 1'oet-G47V I ne ec'inn 93 D S 31 LF 5 M 5a70 322.15-r 60 _ 13 3301.0101 Vat:uum Test MrnhDiee 33 0' 30 EA F7 5192_ 56,1 M.W 14 _ 15 2M.0109 rlanch Satoty -- 3?0.5.01137r%rghk OW-SlaFa __- - Ti1.3101 SDR48 4`Sewa ay.Mcee 33 65 10 LF URN saw 83 532, BO s'1$060.00 33 D5 15 EA 14 $12D04 10 MY 50 EA M81 582- S240 &M.W 17 3331.4113 6'6OR-26 PVC Sauer Plp9 3311 10 33 M 17 3331 20 LF 5,529 SD1,70 $341,134.30 1E 3331.41115W PVC Sanitary SerwerF'pewrrC$SBamill 3311 10. 333112. n 31 20 LF 450 MGM $41.447.70 19 3339.000i Eppxy Manhole Llger 33 39 W VF 13 8531.C4 So AC0.04 20 3339.1r]01 4' Sid. Me. Wrihote 33 M A 93 99 20 EA 27 UA84M 5121,068.00 21 W59,1003 4' F_xira depth Menhok M lik sa 59 20 VP 1114 3172. S17,8Bd.00 22 9999.0001 6' E-a1 and P DD DO 00 EA F 8 1 $120,001 $304.00 samtary sew6m suave al srrnn nn4r Facimm I $81NM.401 26 313TD104 Medum Riprap, dry 31 sr W 9Y 14 bit2 S97Q00 a4 33M5.0109 Trench Sefety 330510 LF 923 to. 5&&4.90 2S 3905.0112 CorlcrAe Cnler 330517 EA $ $427. 53,B19.00 25 3341.0201 21" RCP, Cleae Irl 3341 10 LF 012 $74. 523,306.4a 27 3941.0206 24" RCP, Moog IN 3341 10 LF 528 997. 546,3U'S.90 28 3341.0206 27" RCP Cleae 111 3341 14 LF 341 S93. 53?9A7.90 29 3941.0302 V' RCP Cleae III 3441 10 LF 575 $10, $65203.00 30 3341.0339 N' RCP Clam 111 3349 10 LF 134 815R. $21971.00 31 3M-0442 42" RCP, Clew III 3541 10 LF 214 SM-90 846,418.90 32 3341.0400 41K' RCP Clef 4 M MM 10 LF 493 $272. $154 743.9D 32 3341.0502 54" RCP, Clam M 3441 10 LF 391 KL50.20513G.�20.20 34 3349 D"l 4' Skayk ,function 6ux 3349 11) EA A S5.5SUO 822220.00 55 3349 DIN S SIarnJurwlion Box M 4910 EA 2 S8.234.co 3184ee.04 M 33490102 4' Menhulo FkcLr 3349 10 EA 3 M50. 59-150.00 41 3349AI11 42"SET 1 Dipe 334040 EA i 85A61,A] 65-01.00 37 133495W 10 Curb Inlet W 48 20 EA 10 57.146M S71A80.00 38 33-0d.5gL`2 W Curb fillet 334920 EA 0 89,3M6.00 655,838.00 89 3349 5W3 20' Curb Illbt 9449 20 EA 2 $1' Au.a0 877.92d-00 40 OMOUG1 V Dmp Inlet OD000D EA 2 55W2.00 sisju4.00 41. 9989♦:002 9 x F R.C.R. OWS RI 0000 OU LF 725 Se82.00 5E1Q332.OD 42 9Si<r1}.COU3 r cnc•alB AFran 0000 OU SY 5 StU.00 S;rO.CO 5[Orin Drain 51-iGtmal Wateirraukite ry MweeMlLbnm Orkin Fe t ili kite Suh4441 City of Fort Worth, Texas First Amendment to City Secretary Contract No. 58376 L 51,Jks7,95a14� ,uiu,rlls,�s 94d 511rnmary WaterlSanlle ry SewarO torm Ordln Fad 11Live Sudlalal $3,010.786.66 TolAl ENd i U1U,7a6.Q6 "Porfarma-IcalPa and and 2 r# unwnerrre Banda" 647rG40,00 Grand TulalS U 6.06 This bidh sArriilud bylhe hAlykimd belva: Comperrlr. POI Conslraenan, Inc. slrkgl AoJlrv€€. r GS IM■rr4arlpk s1ro41 CITY, Mote. zpp Cork: McKmnkY. TX MITI Ph4nec g72-M2-2762 [9hernarrijr.er J. e6.1&D. WORK for FINAJ.ACCE"ANCE.Iihrn C3f7R L-Fs. —.d to—ba pr 1d.d J.the r.rr IC —limn.. City of Fort Worth, Texas First Amendment to City Secretary Contract No. 58376 .•rL£AS8WariB MQNOS ARE NOTA BID IVEM Poll A-- .- 5iynawce , T'I4�PIe+f 1 e V Gam I39 %orllrC r6y4 F" "MurON ATTACHMENT 1 EXHIBIT B APPROVED BUDGET Section I Water $824,564.16 Sewer 818,370.40 Sub -total $1,642,934.56 Section II Interior Streets $1,342,820.75 Storm Drains $1,367,852.10 Sub -total $2,710,672.85 Section III Street Lights $174,117.00 Sub -total $1741117.00 TOTAL $4,527,724.41 City of Fort Worth, Texas First Amendment to City Secretary Contract No. 58376