HomeMy WebLinkAboutContract 23234 CITY SECRETARY 5�t'
ESCROW/PLEDGE AGIRLEMENT C(.)1`4TRAc.*,r NO
THIS ESCROW/PLEDGE AGREEMET1,4T (the "Agreement") entered into as of
1997, by and among I JM, PROPER IJES, L.L.C.
("Developer"), the City of Foil Worth, Texas, a municipal corporation of Tarrant County,
Texas ("Fort A artV) and TODD W. TEW, Attorney at Law (Escrow Agent) is to
witness the following:
'WHERFAS, Developer and Fort Worth have entered into a Conim unity Facilities
N4 JON 4133B, an
Agrra: --.-A for SUM ERFIELDS ADDITION, PHASE V1, SECT
'ION
o the City of Fort Worth, Tarrant County, Texas (the. "CFA"); and
WH`FREAS, ih,: CFA provides that the Developer shall submit to Fort Worth
performance and p-.yment bonds, cash deposits or other security acceptable io Fort Worth
(collectives the -Intonded Security") for the purpose of guaranteeing satisfactory
compliance Developer with all requirements, tenns, and conditions of the CFA
Aect;-;ely, ..ie"Secured Obligations"); and
WHEREAS Developer and Fort Worth desire and agree that Developer be
allo-,,,ed to escrow and pledge cash deposits to Fort Worth, to be held by TODD W.
TFW. Attorney aw avv, as Escrow Agent, in lieu of and in complete satisfacdon of the
obligation to submit the Intended Security to .secure the performance of the Secured
Obligations;
NOW TFIEREFORE, for and m consideration of the premises, ten dollars ($10.00)
and other good and valuable consideration, the receipt, sufficiency, and adequazy of which
are hereby acknowledged and confessed, the parties hereto hereby agree as.follows:
SECTION 1. DEFINED TERMS.
For the purposes of this Agreement, unless the context otherwise clearly requires,
the following terms shall have the following meanings'.
"Initial Sccuritv Funds" shall mean the cash deposit of$ 289.168-75 which sure
represents i25 percent of the estimated Developer's share of the cost of
constructing the improvements identified in the CFA. The Developer's share of
the total cost of such improvements shall hereinafter be called the "Estimated
Developer's Cost".
`-Lien" shall mean any lien, security interest, charge, tax lien. pledge or
encumbrance designed to secure tl9e repayment of indebtedness or the satisfaction
of any other obligation to a third party not a party to this Agreement.
"Payment and Performance Bond" shall mean a bond issued by a corporate surety
or insurance company acceptable to Fort Worth in an amount equal to cost of
improvenatnts not yet completed by Developer.
SECTION 2. PLEDGE.
As security for tiie full and punctual performance of the Secures Obligations,
Developer hereby pledges, assigns, a.id transfers to Fort Worth, and hereby grants to Fort
Worth a security interest in, the Initial Security Funda and all rights and privileges
pertaining thereto with the exception of the interest income to be derived therefrom, which
interest income shall remain the property of Developer and shall be distributed by
ESCROW AGENT in accordance with Develcper's periodic instructions. (The Initial
Security Funds and any substitution by Developer with a Paymv;tt and Performance Bond
as permitted hereunder, are coilectively referred to hereafter as the "Pledged Collateral");
TO HAVE AND TO HOLD the Pledged CAlateral, together with a" rights, titles,
interests, privileges, and prefer races appertaining to or incidental thereto unto Fort Worth
subject, however, to the terms, covenants, and conditions hereinafier set forth. The
security interest granted and the assignments made hereunder are made as security only
f
and shall not subject Fart Worth or ESCROW AGENT to, or transfer or in any way affect {
or modify, any obligation of Developer with respect to any of the Fledged Collateral or
any transaction involving or giving rise theretc.
SECTION 3. PHYSICAL, POSSESSION OF PLEIDGLD COLLATERAL.
Concurrently with the e%ecution of this Agreement, Developer shall have delivered
to and deposited with ESCROW AGENT the Initial Security Funds repre.-:rnting or }'
evidencing the Pledged Collateral. The parties acknowledge and agree that ESCROW E
AGENT shall be required to segregate Lhe Pledged Collateral from other funds held by t`
ESCROW AGENT for Developer in accordance with the normal practices of ESCROW
AGENT as an Escrow Agent. ESCROW AGENT shall return all funds on deposit }
representing or evidencing the Pledged Collateral remaining in its possession to Developer
(or take such other action as Developer may request or direct) immediately after receipt of
written notice from Fort Worth that the Secured Obligations have been fully performed.
Durint, such time as ESCROW AGENT has possession of the Pledged Collateral,
ESCROW AGENT shall furnish to Fort Worth (when requested by Fort Worth) written
acknowledgments signe-w ley an officer of ESCROW AGENT detailing the amount of the
Pledged Collateral.
SECTION 4. COTENANTS.
(a) Affirmative Covenants So long as any of the Secured Obligations remain
unp:n-formed.. Developer covenants and agrees that Developer will:
i
(1) from time to time execute and deliver to fort Worth all such
assignments, certificates, supplemental writings, and other items and do all
other acts or things as Fort Wonh may reasonably request in order to
evidence, and perfect the security interest of Fort Worth in the Pledged
Collateral:
(ii) furnish Fort Worth with information which Fort Worth may reasonably
request concerning the Pledged Collatera:, and
(iii) notify Fort Worth of any claim, -ction., or proceeding affecting title to
the Pledged Collateral or Fort Worth's security intere.a, therein.
(iv) adjust the Pledged Collateral to an amount equal to the actual contract
price, including revisions thereto.
(b) Negative Covenants. So long as any of the Secured Obligations remain
unperformed, Developer covenants anki agrees that Developer will not.
(I) assign <. ; transfer any rights of Developer in the PI--dged Collateral; or
(ii) create an Lien in the Pledged Collateral, or any part thereof, or permit
t.:e same to be or b- -ome subject to airy Lien except the security interest
herein created in favor of Fort Worth.
SECTION' S. EVENTS OF DEFAULT.
Developer shall be in default under this Agreemem only upon the happening of any
of the following events (a'-Default"):
(a) defaul+ in the timely payment or performance of the Secured Obligations after
written notice thereof has been given to Developer and ESCROW AGENT and
such default is not cured within seven(7) days after such notice; ,I
(b) any affirmative or negative covenant is breached by Developer.
r
f;
SECTION 6. RIGHTS AND ,REPiiEDIES OF H-RT WORTH UPON AND AFTER
DEFAULT.
--- ----- ---------
(a) Remedy. upon the occurrence of a Default. Fort Worth shall have the right to
direct ESCROW ACENT to transfer to Fort Worth all of the Pledged Collateral.
ESCROW AGENT is her.-by authorized to transfer the Pledged Collateral
in-omediately upon t'-e receipt of a written statement purporting to be executed by
an authorized representative of TFort Worth stating that:
i s R,VAi 1 1.1)G1: A,(IR_i 1 x,11:N` PAOF. 3
(1) a Default by Developer has occurred under the Summerfields Adc"tior,
P? ase Vl, Section 413313 Community Facilities Agreement executed in
connection with this Escrow/Pledge Agreement;
(ii) written notice of such Default has been given by Fort Worth to
Developer and ESCROW AGENT and such Default was not cured within.
seven (7) days after such notice; and
(iii) Fort Worth is entitled to have the Pledged Collateral transferred in
accordance with the Agreement.
(b` Notices. Any notice required or permuted to be given to any party hereto
shall be given in writing, shall be personally delivered of mailed by prepaid certified
or registered mail to such party at the address set forth below, and shall be
effective when actually received.
(developer)
FJM PFZOPERTiES, L.L.C.
1223 N. Rock Road #E-100
Wichita, Kansas 672)6
City cf Fort Worth
Ann. City Treasurer
1000 Throckmorton
Fort Worth, TX 76102
l
with a copy to:
;
City of::part Worth
Attn. Development Coordinator r
Department of Development `
1000 Throckmorton
Fort Worth, TX 76102
(Escrow Agent)
Todd W. Tew, Attorney at Law
3220 W. Southlake Blvd., Suite C
Southlake, Texas 70-092
IAX;J,A(JRI1-,till N1 PAGE 4
Any party may change its address for notice by giving all other parties hereto
notice of such change in the manner set forth in this Section no later than ten (10)
days before the of ective date of such new address.
SECTION 7. EXCLUSIVE RIGHTS AND REMEDIES.
If the Developer fails to perform its obligations under the CFA, For' Worth's sole
and exclusive remedy shall be to complete the obligations of Developer at Developer's
expense. In furtherance of such sole and exclusive remedy, Fort Worth is entitled to
exercise its rights as set forth in Section 6 hereof
SECTION 8. SUBSTITUTION OF COL`.,ATERAL.
Notwithstanding any ;ontrary provision in this Agreer:°tent, Developer shall have
the right(without the consent of Fort Worth), at any time and from time to time, to obtain
releases of all or any part of the Pledged Collateral (hereinafter called the "R°leased
Collateral")upor satisfaction of the following conditions:
(a.) Developer shall provide Fort Worth and ESCROW AGENT written: notice
(the "Substitution Notice") that Developer desires to obtain Released Collateral
(as specified and described in such notice) in exchange for a contemporaneous
substitution of a Payment and Performance Bond (as also specified and described
in the Substitution Notice); and
(b) Developer shall pledge to, or obtain for the benefit of, Fort Worth, and deliver
to Fort Worth a Payment and Performance Bond from a surety acceptable to Fort
Worth (the "Substituted Collateral") which Substituted Collateral shall in the
aggregate bd at least equal to the Estimated Developer's Cost; and
(c) Said Payment and Performance. Bonds shall be accompanied by a written
commitment from the surety that such Performance and Payment Bonds shall
cover all work which has occurred prior to the substitution of Collateral provided
for in this Section.
Upon satisfaction cf the above-specified conditions, ESCROW AGENT shall be
authoriz.d (without the consent of Fort Worth) to return to Developer the original
Intend. d Security Funds in ESCROW AGENT's possession that represent or evidence the
Released Collateral or take s,ich other action with respect to ',ne Released Collateral as
Developer may requester direct. Developer shall pay me expenses incurred by ESCROW
AGENT in connection with obtaining each Bach release and substitution.
io i'A T ;Yd AUK!! I ,`.1T T
SECTION 9. PERIODIC WITHDRANVAL OF COLLATERAL
Notwithstanding any contrary provision in this Agrecmct".. shall have
the right to perl,)d-'c -,,ithdrawals of the Pledged Collateral (hereinafter called "Withdrawn
Collateral"), upon satisfaction of the foll-wing conditions:
(a) Developer sE-JI nrov:de Fort Worth and ESCROW AGENT with written
notice (the "Withdrawal Notice") that DeiJloper desires to obtain the Withdrawn
Collateral-, and
(b) the balance of the Pledged Coilateral after withdrawal of the Withdrawn
Collateral is at least equal to the estanated value of the Secured Obligations then
rernai..ing to be performed (such remaining value is hereinafter called the
"Estimated Cost to Complete").
The Withdrawal Notice shall include a description of the Withdrawn Collateral and
Developer's calculation of the Estimated Cost to complete. Upon receipt of the
Withdraw.' Notice, Fort Yoiih shall have seven (7) calendar days to notify Developer CT
Fort Worth's objection to Developer's calculation of the Estimated Cost to Complete by
providing Developer with Fort Wor4l's calculation of t•e Estimated Cost to Complete.
The grounds for arty objection are limited solely to a good faith determination by Fort
Worth that the balance rte tlic Pledgeo Collateral is insufficient to cover the Estimated
Cost to Complete. If For I Worti, falis ;o ti,nely notify Developer and ESCROW tGENT
or'any objection, the Developer's cal,�Oation shall be de,smed t have been accepted and
approved L;y Fort Wo-la and ESCRGW AGENT is authorized to release the Withdrawn
Collateral requested by De-1--loper without delay. In the even* a written objection is timely
filed by Fort Worth and Fort Worth's calculation is within a range of five percent (5%) of
Developer's Estimated Cost to Co replete, then Developer sb,;tll be allowed to withdraw
the amount corresponding to Fort Worth's calculation of the Estimated Cost to Complete.
tF Fort Worth's calculation of the Estimated Cost to Complete is outside a range of five
percent �5%) of Developers' Estimated Cost to Complete, then Fort Worth and
Developer, throng a designated represen-cative, will reconcile the calculations and jointly
approve an EsILL'rnated Cost to Complete and advise ESCROW AGENT to disburse the
amount originally submitted by Developer, less any amounts necessary to ensure that the
balance of tt�-_ Pledged coilateral equals the Estimated Cost to Complete as jointly
determined by Fort Worth and Developer.
If after the expiration of two (2)years from the date of this Agreement either
(i) _none of thy Secured Obligations have been perfoi-riedl-
or
(h) tne term of the CFA has not been extended by Fort Forth,
then in either cvew, Fori Worth shall be entitled to receive the Pledged Collateral as
specified in Section b �,Aid construct the improvernents contemplated in the CFA.
-N Ir PA61:6
1',,Cko %e Y'd AGRYEMI
SFC`i'ION 10. NON-ASSIGNABILITY OF FORT WORTH'S RIGHTS.
Me rights, powers, and interest held by Fort Worth here-finder in and to the
Pledged Collateral may !..ot be ransferred or assign-ed by Fort Wort,- i-] w1holc Orin part.
Any attempted transfer or assignment shall b;w absc`. itely vo'd and shall entitle Developer
to a release of all Pi edged Coll,'°ral.
SECTION 11. NO WAIVER.
No waivcr by Fort Worth of any Default shall be deemed to be a waiver of any
other subsequent Defai It. No delay or omission by iron Worth in exercising any right of
power hereunder- slirll impair air such rights or power or be construed as a waive
thereof. nor shall any sir.,le or partial exercise of any such right or power preclude other
or further exercise thereof.
SECTION 12. BIN_UfNG EFFEC-.
This Agreement chal', be l-finding on the parties, their successors and assigns. No
provision of this Agreement may be amended, waived, or modified except pursuant to a
written instrument executed by Fort Worth, EFCn1OW AGENT and Developer.
SECTION 13. CHOICE OF LAW.
this agre •ment is to be construed and interpreted in accordan:e with the laws of
the State of Texas.
SECTION 14, COUNTERPARTS.
This Agreciac It may be executed in any number of multiple counterparts and by
difderent parties or, separate counterparts, all of which when taken together shall constitute
one and the same ag,eement.
SECTION 15. ES:7ROW AGENT INT7EMNITY.
17evelo!),-r l:,reby agrees to release, hold 'harmless, and indemnify ESCROW
ACrENT (and its die-c ors, ,officers, employees, agents and representatives) from and
,_.,'a�nst ail claims. Janlaces, expenses, costs, suits and other liability of any kind
wha`s,�ever that arise out of or are directly or indirectly related to the performance by
ESCROW A.TENT of its duties hereurder except for the gross negligence or willful
�s;1�i�4 i'LiJXrF �GRFI:WN I PAGJ- 7
9-22--1997 1 1 :e AM 1<rn'A 1._ANOC ON 1 Rr- 817 3. , 5067 t> 9
4.
nw.conduct of L-SCROW AGENT or its directors, ofcev, employes,, agents or
representative
F A PROPER L-L C.
E
It's to
kT
By:
t--- c �
3 kle: Ass3swvt City Mazager
.9 Date:
AGENT
Contract Au 1orizat:ion
Dates
Title:.Agorne 3t Law
Date: � `> �----
C "Y OF FORT WORTH BERVTY CI'T'Y'ATTORNEY
Date:
PAGES
Cif MMUNITY FACIA JjjE'S
,,, AGREEMEN'r
THE STATE OF TEXAS § Ciry Secretary
Contract No.
COUNTY OF TARRANT
WHEREAS, FJM, Inc., hereinafter called "Developer", desires to make certain
improvements to Surnmerfields Addition, Phase Vi, Section 4133A, an addition to the
City of Fort Worth, Texas; and
WHEREAS, the said Developer has requested t'he City of Fort Worth, a
rnui Ocipal corporation of Tarrant County, Texas, hereinafter called 'City", to do certain
work in connection with said improvements;
NOW, THEPEFORE, KNOW ALL MEN BY THESE PRESENTS:
7
That said Developer, acting herein by and through Wayne Lee, its duly authorized
Project M nager and the City, acting herein by and through Mike Groomer, its duFf
authorized Assistant City Manager, for and in consideration of the covenants and
agreements herein performed and to be performed, do hereby covenant and agree as
fc;llcws, to-wit:
...............
COMMUNITY FACILITIES AGREEMENT
to install
`,t ATER AND SEWER SERVICES
for
SUMMERF.ELDS ADDITION, PHASE VI, SEF `63A
A. The C'tX agrees to permit the Developer to !et a cc, in accordance
with its accepted practices, ordinances regulation;. she provisions of
the City Charter, and subject to the requirements of the City's .--:and
subject to the requirements of the City's Policies and Regulations for.
Installation of Community Facilities, all as current at the time of installation:
WATER FACILITIES serve the lots as shown on the attached Exhibit A ,
and SANITARY SEWER FACILITIES to serve the lots as shown on the
attached Exhibit A-1 all in accordance with'plans and`specif;atioft to.
be prepared by private engineers em' ployed, by the Developer and
approved by the Water Departrilent.
B. The City agrees.to allow the Developer to install, at his expense, at the
time all other water mains in this ,addition are installed, a service line for
each !ot as shown on the attached Exhibit A The estimated ,cost of
these service tines is $ 31,600.00. The City,agrees to record the location
of each said service line in respect to the corner of the lot served, and .to
retain said records in its possession.
C. The construction cost of the water facilities herein concerned, exclusive of
service lines and engineering is estimated to be SILTY-"MID THOUSAND
ONE HUNDRED AND TEN Dollars ($62,110.00) .
D. The City agrees to allow the Developer to install, at his expense, at the
time all c'her sanitary sewer mains in this addition are installed, a service
line for each lot as shown on the attached Exhibit A-1 The estimated
cost of these service lines is $ 23,700.00. The City agrees to record the
location of each said service line in respect to the corner of the lot served,
ar.i to retain sp;d records in its possession.
E. The construction cost of ine sanitary sewer facilities to be installed
,iereunuer, exclusive of service lines and engineering, is estimated to be
FORTY-SEVEN THOUSAND THREE HUNDRED AND FIFTY Dollars
($ 47,350.00).
PROJECT NAIVIY_.-`: SUMMERFIELDS ADDITION, PIIAS�LLVL SEC 'ION 4133oo'A
F. Prior to allowance of the construction contract by Dev.��Ioper, the Developer
agrees to provide acceptable financial g�uarantee to the city for 100 per-cent
of the construction of the construction costs along with payment of any
Ordinance costs and fees that are applicable. Prior to the award of the
construction contract by the City or the cc:,nmencing of any work by the
City or its contractors, the Developer agrees to pay to the City:
(1) (a) One rHundred percent (100%) of the Developer's cost of all water
and sanitary sewer facilitiel; within the development, exclusive of
engineering and service costs, sized to provide water and sanitary sewer
service within the development.
(b)One hundred percent (100%) of the Developer's cost of all
approach water and sanitary sewer facilities outside the limits of the
development sized to provide water and sanitary sewer service to the
development.
(c)One hundred percent (100%) of the Developer's cost of any
approach water main facility or water fa�;ility within the development that is
8-inches in size for non-industrial development and 12-inches in size for
industrial development.
(d)One hundred percent (10%) of the Developer's cost of any
approach sanitary sewer main facility or sanitary sewer facility within the
development that is 8-inches in size.
(2) An additional ten percent (10%) of the total of the Deveiopef-s cost
of the se watef and sanitary sewer facilities, exclusive of cost of service
:ines is required for design engineering
g if such engineering is performed
by the City at the Developer's request.
(3) One hundred percent (100%) of the Developer's cost of all service
lines, estimated under 1-13 and 1-D above, in accordance with the
pro-visions of the current Fort Worth City ;,cde.
t4) A construction in.srection Fee equal to two (2%) of the Developer's
actu,;-Ii cost share of the construction cost (including all services) of the
Water andior sanitary sevver facilities.
G. The distribution of estimated construction cost, between the City and the
Developer. as per paragraph 1-F above, for all water and sanitary sewer
facilities to be cc-nstru,,,ted hem j.nder is estin-Flited as follows-
PROJECT NAME- SUMMERFIELDS ADDITION, PHASE VI. SECTION 41133A
(1) WATER FACILITIES :
Estimated
Developer Estimated Total
Cost City Cost Cost
(a) Mains, Within
Development $ 62,110.00 $ 0.00 $ 62,110.00
Approach $ 0,00 $ 0.00 $ 0.00
(b) Easements* $ 0.00 $ 0.00 $ 0.00
(c) Services (79-1") $ 31,600.00 $ 0.00 $ 31,600.00
Sub-Totals, Water $ 93,710.00 $ 0,00 $ 93,710.00
(2) SANITARY SEWER FACILITIES:
(a) Mains, Within
Development $ 47,350.90 $ 0,00 $ 47,350.00
Approach $ 0.00 $ 0.00 $ 0.00
(b) Easements $ 0.00 $ 0,00 $ 0.00
(c) Services ( 79 -4") $ 23,700.00 $ 0.00 $ 23,700.00
Sub-Totals, Sewer $ 71,030.00 $ 0,00 $ 71,050.00
(3) TOTAL
CONSTRUCTION COST: $ 164,760.00 $ 0.00 $ 164,760.00
(4) CONSTRUCTION
INSPECTION FEE : $ 3,296-00 $ 0.00 $ 3,296,03
'to he dedicated by the developer
PROJECT NAME: SUIT MERFiELDS ADDITIQ14, L
�HASE VI, SECTION 4B3A
H. The above charges do not include any front foot charges for connection to
existing or proposed water and/or sanitary sewer mains constructed or to
be constructed under the provisions of the "APPROACH MAIN OPTION"
as described in Section III of the Policy for the "INSTALLATION OF
COMMUNITY FACILITIES" adopted in September, 1992. These
additional charges are as foi,ows,
1 Applicable to this Contract in the amount of N/A.
by Contract No. N/A dated N/A
Applicable CFA Name N/A
Date: N/A —Number N/A
1. When wafer facilities are instalied by contract, installation of water
services will be included as part of the contract. Installation of meter
boxes on those services may be dcne by the City, after completion of
construction of all relative curb and gutter work on the water-facilities
project site. at a cost �f$70/$135 per contract-installed charge to be due
and payable prior to issuance of a Work Order on the water facilities
installation contract. The above charges do not apply if the Developer
elects to include meter box installation as part of the contract. However,
meter boxes must conform City standards.
J. Within a reasonable time after completion of the above referenced
facilities to be constructed by contract awarded by the Developer,
provided all conditions for City participation have been met, the City
agrees to pay the Developer the Estimated City Cost" set out in 1-G
above', provt '-,d, however, that said payment shall be calculated using the
actual construction costs and actual service costs under the provisions of
-1
PROJECT NAME: SUIV1lMEiz,--IELD3 ADDITION, PHASE VI, SECTION 4133A
the current Fort W,Ath City Code, (said payment to be calculated as in 1-
G above), base-1 or,, actuai uivaritities as reflected in the final estimate paid
to the Contractor by the Dev- -c�r -end :-gin the actual records of cost kept
by the City as a part of its rustow-:1ri procedures. In the event the
difference in the deposit and she a(,'.,,al costs exceeds $25, Developer
agrees to pay to the City ,and ut�derpavrnent -which said adjustment mighi
indicate as being due, wrd the 01 ac4reet to pay to Developer any
overpayment.
K, Work hereunder shall be completed within li.vo (2) year.3 from date hereof,
and it is unders'looLl ",-",at al-T ob°,gatiori or the part of tho City to make any
refunds with respect to water arid/or sanitary sewer facilities shall cease
upon the expiraticr, of two (2) years., from date hereof, except for refunds
due from "front for charges" on water and sanitary sewer mains, which
refunds ro-ay continue to be made- for a pc,-iod of ten (10) years
commencing on the date that approach mains arcs accepted by the
Director. If less than 70% of the eligible coliection,:,, due to the developer
has been c0ected, the Developer may iequest in writing an extension of
up to an additional 10 ,ears for collection of front cnaiges. In the event
water and/or sinitary s,,--,wer facilities work ic not rompletad within the (2)
year period, City may, at its election, complete such wurk at Developer's
expense,
L. It is further agreed and understood that any additional payment required
of Developer is to cover only such additional work an0ior materials as
may be made necessary by conditions encountered during construction,
and shall not include any change in scope of the project.
RECOMMENDED:
I/ Lee C. Bradley, Jr.
Director
Water Department
Date
%7
STREET AND STORM DRAIN IMPROVPM>?A1TS
A. GENERAL PROVISIONS:
1. The Developer acknowledges that he has complied with Article 104.100
of Ordinance 7234 and hereby relieves the City of any responsibili-
ties for any inadequacies in preliminary plans and cost estimates
supplied for the purpose of this contract and further agrees that he
will comply with the Subdivision Ordinance, City Plan Commission.
Rules and Regulations, and Policy for installation of Community
Facilities and all applicable policies, rules, regulations and
ordinances of the City regarding development.
2. The Developer agrees to install or cause to have installed, the
street and storm drainage facilities improvements shown on the
attached Exhibits "B" and "8-1", respectively, in accordance with
plans and specifications prepared by the City or prepared by the
Developer's engineer and approved by the City Engineer.
3. The Developer agrees to install, adjust or cause to be installed or
adjusted, all of the required utilities to serve the development.
On Border Streets, the Developer will be responsible only for the
costs of relocating the utilities, with the City coordinating the
utility construction. Prior to construction, the Developer will
provide the City a list of all utilities that will require relocat-
ing, along with assurance that no conflicting street construction
will take place until the utility relocation has been completed.
The Developer further agrees that before commencing construction the
City will be provided Performance and Payment bonds equal to 100% of
the construction costs and a one year Maintenance Bond, for the
constructed streets. The Developer also agrees that no street
construction shall begin prior to the City Council's approval of
this Community Facilities Agreement, in accordance with Section
104.100 of City Ordinance No. 7234.
4. Except where specifically stated otherwise in this contract, the
Developer hereby agrees and binds itself to provide all necessary
right:-of-ways and/or easements required to construct the street
and/c: storm drainage .improvements including any drainage outfall,
in lengths, widths, and locations as approved by the City Engineer.
5. unless the City is to prepare plans and specifications for a
separate project of estimated value lass than $10,000 as requested
by the Developer, the Developer agrees to submit plans and specifi-
cations prepared by an approved Professional Engineer, registered in
the State of Texas, proficient in Civil Engineering, for the
improvements required under this agreement. Such plans shall be in
compliance with the policies, ordinances, and rules of the City of
CONTRACT FOR: SUMMERFIELDS ADDITION, PHASE VI, SECTION MA
U-11
Fort Worth, and are subject to approval by the City Engineer. After
said plans are approved as witnessed by the sionat•ires of the City
Engineer and of the Deputy Director of the Water Department, 'the
Engineer shall provide the City one (1) set of reproducible approved
plans, plotted x-sections, and specificationB; and nineteen (19)
copies of the plans and eight (8) sets of the specifications and
contract documents (four (4) unexecutea, 2 executed and 2 oonformed
sets). Additional sets of plans and/or specifications may be
required for other departments and/or agencies depending on the
project.
6. The Developer agrees to complete the improvements covered by this
agreement within 90 calendar days after having been instructed to do
so, in writing, by the Director of Transportation and Publi•- Works.
It is understood that the Developer will initiate the construction
of all improvements to conform with his own schedule, except for
tho3e improvements which the Transportation and Public Works
Director deems necessary for the proper and orderly development of
the area. In the event Developer fails to carry out any such
instructions within the 90-day period, th.-a Developer given the City
the right to award a contract for the improvements in question, and
agrees to pay to the City prior to the awa-d of the contract, tho
amount of the low bid.
7. The Developer agrees that all improvements to be constructed
hereunder will be subject to inspection and approval by the City
Engineer, and require any contractor who will be involved in any
earthwork within any future public right-of-way, to notify the
Department of Engineering, Construction Services Division, before
any work takes place and to require all earthwork to be done in
accordance with the Ci,;y of Fort Worth Standard Specifications to
the satisfar.-tion and approval of the City Engineer or his represen-
tative. The developer also agrees that no street or storm drain
construction shall begin prior to the City Council's approval of
this Community Facilities Agreement in accordance with Section
104.100 of City Ordinance No.7234.
8. The Developer agrees to furnish to the City simultaneous with
Developer's execution of this agreement, "performance and payment
bonds" or cash deposit in accordance with "General Requiremei:ts,"
Section V, Paragraph P (4) of this agreement. These bonds or depoait
will bE� conditioned upon the satisfactory compliance by the
Developer with all requirements concerning improvements as set forth
in this agreement, including, but not. limited to, making payments to
any persons, firm corporation or other entity with whom the
Developie- has a direct contractual relationship for the performance
of City work hereunder.
9. In the event the Developer awards his own contract and does not
desire City participation, the Developer shall pay the entire cost
of the street and/or storm drainage facilities. The condition set
CONTRAcT FOR: SUNTME'RFIELDS ADDITION, PHASE VI, SECTION 4113A
U-2
out in "General Requirements, " Section V, Paragraph F of this
agreement shall apply.
10. In the event the Developer desires City participation and follows
the procedure as set forth in Section IV and V of the policy FQr The
Installatiorg of Community Facilities, the City's participation in
the costs shall be as shown in Section II-B, (Street Improvements)
and Section II-C (Storm Drainage Improvements) of this agreement.
In no event shall the City be liable to the Developer for any
payments in excess of the City's estimated participation unless and
until there is separate and formal approval by the City Council to
pay such excess amount.
11. Upon completion of these facilities, it is agreed and understood
that the Developer's estimated participation in the costs as may be
indicated in this contract, shall be adjusted to equal the final
costs, except that the City shall not be obligated to make any
refunds until all facilities required under all sections of this
agreement have been completed to the satisfaction of the City. No
refund of less than $25.00 will be made. In the event the difference
in the deposit and actual cost exceeds $25.00, the Developer agrees
to pay to the City any underpayment and the City agrees to refund
any over payment to the Developer.
12. The City will provide construction engineering, except for the
setting of line and grade stakes for streets and storm drains (see
definition of Construction Engineering) , without charge on all
projects regardless of size. She setting of line and grade stakes
for streets and storm drains shall be the responsibility of the
developer except that the City reserves the right to pre-qualify
persons and/or firms that are hired to provide this surveying and to
check the accuracy of the surveying and the conformance of the
stakes to the approved plans.
Following the setting of line and grade by a private surveyor hired
by the developer, the contractor shall give 24-hour notice to the
Construction Engineer so that inspection personnel will be avail-
able. No work shall begin until the assigned inspector is present
and gives his consent to proceed.
13. Approval by the City Engineer shall not constitute or be deemed to
be a .release of the responsibility and liability of the Developer,
his engineer, e.nployees, and agents for the accuracy and competency
of their designs and specifications. Such approval shall not be
deemed to be an assumption of such responsibility and liability by
the City for any defect in the designs and specifications prepared
by the consulting engineer, his agents and employees, it being the
intent of the parties that approval by the City Engineer signifies
the City's approval on only the general design concept of the
improvements to be constructed. In this connection the Developer
shall for a period of five (5) years after the acceptance by the
CONTRACT FOR: -SLTN tiviE FIE'MS ADDITION, PHASE VI, SECTION 4Pi3A
II.3
City of the completed construction project indemi-ify and hold the
City and all of its officers, agenta, servants and employees
har--iless from any loss, damage, liability or expense, on account of
damage to property and injuries, including death, to all persons
which t.ay arise out of any defect, deficiency or negligence of the
engineer's designs and specifications incorporated into any
improvements constructed in accordance therewith, and the Developer
enall defend at his own expense any suits or other proceedings
brought against the City and its officers, agents, servants and
employees, or any of them on account thereof, to pay all expenses
and satisfy all judgments which may be incurred by or rendered
against them or any of them in connection therewith.
14. The developer agrees to construct street lights as specified in
Section III of the agreement at the same time as streets are being
constructed.
B. STREET IMPROVEMENTS VY DEVELOPER:
1. Developer hereby agrees and binds itself to:
a. Excavate all streets, including parkways, to line and grade
established in the approved plans. No fill shall be put in place
unless a City of Fort Worth inspector is present and approves
the installation.
b. Require any contractor who will be involved in any earthwork
within any future public right-of-way, to notify the Department
of Engineering, Construction Services Division, before any work
takes place and to require all earthwork to be done in accor-
dance with the City of Fort Worth Standard Specifications to the
satisfaction and approval of the City Engineer or hia represen-
tative.
C. Install all tceiessary storm drain-age facilities in accordance
with the Transportat.4on and Public Works Department's "Policy
For Storm Drainage Facilities".
d. Construct all utilities and services in the streets to at least
two feet back to the curb line prior to the construction of curb
and gutter and paving of the streets. All trenches shall be
backfilled in accordance with standard City specifications.
e. Construct concrete curb and gutter on both sides of the street,
unless this agreement specifies otherwise, including intersec-
tions. Construct concrete driveways to the back of the walk
line for each lot fronting on the street in accordance with
standard City specifications. Construct sidewalks if specified
in this agreement.
f. Construct pavement, including subdrains determined to be
required by the City Street Inspector during construction, on
all streets in accordance with the approved plans and/or
specifications.
9- improve border streets at the time of development unless
conditions preclude improvements at that time as determined by
CONTRACT FOR: SUNIMERFIELDS ADDUMN, PHASE V1, SEC710N MA
11-4
the Director of Transportation and Public Works.
h. Construct, at its own expense, curb returns at all street
intersections within or adjacent to the area covered by this
agreement.
i. Be responsible for grading the parkway between the curb lines
and the property lines to elevations required by the City
Engineer.
J Grade all 20, x 20' and 15' x 15, open space Easements down to
a height of not more than twenty-four (24) inches above the top
of curb.
k. construct, at is own expense, curb, gutter, and approved paving
as depicted on Exhibit "B":
2. Cost Distribution:
a. The City shall bear all of the excess cost of street improve-
ments for widths greater than:
Forty (40) feet adjacent to property zoned single
family and/or duplex residential.
Fifty-two (52) feet adjacent to property zoned other
than single family and/or duplex residantial.
b. If the developer constructs a wider street than requested by the
City, there shall be no City participation for the cost of the
extra width. However, in the event a street wider than forty
(40) feet adjacent to single family and duplex residential or
fifty-two (52) feet adjacent to zoning other than single family
or duplex residential is constructed at the city's request, the
City will make the following reimbursement to the developer upon
completion of the entire length of street included in this
Community Facilities Agreement.
(1) The reimbursement shall be for the cost of the road width in
excess of forty feet adjacent to residential (single family
or duplex) zoning and fifty-two feet adjacent to zoning
other than single family or duplexes.
(2) The reimbursement due to Itew, (1) above shall be based on
unit prices actually paid by the Developer and approved by
the Transportation and Public Works Director, except that
the reimbursement for earthwork shall be established
anniv,lly based on then current costs of doing this type of
work, as determined by the City.
C. on streets abutting City park property, the City will pay the
cost of one-half of the curb, gutter, paving (including any base
stabill.zation), and related earthwork adjacent to the park.
d. All Railroad Crossings shall be of type "rubber Railroad
Crossing" without exception. The City's participation in rail
road crossings shall be in accordance with this section.
CONTRACT FOR: SUMMERFIELDS ADDITION, PHASE VI, SECTION 4B3A
U_f
Furthermore, if it is necessary For the City to condemn Railroad
property, the r;e,;eloper shall reimburoa the City the entire ccet
of the condemnation process including attorney fees plus any
other coots associated with the right-of-way and or easainent
acquisition.
e. City shall pay engineering costs in the amount of t-.-,x percent
(6%) of the actual cost of the City's share of construction as
defined above upon completion and acceptance of the street
facilities. However for preparation of community Facilities
Agreements, the City shall use six percent (6%) of the estimated
cost of its share of construction as defined for designed above
engineering.
f. The Developer shall pay a construction inspection and materials
testing fee in the amount of two percent (2%) of the developer's
share of the street construction cost as defined above. The two
percent (2%) amount shall be included with the submittal by the
developer of the performance and payment bonds, or cash together
with the signed community facilities agreement to the Develop-
ment Coordinator. For the preparation of a community facilities
agreement, two percent (2%) of the estimated cost of the
Developer's share of the street construction as defined above
for the construction inspe,.tion and materials testing fee shall
be used. At the time when bide are submitted and prior to the
work order being issued, the Developer shall submit the amoiint
4-n cash representing two percent (2%) of the Developer's share
of the street construction cost. This amount may be adjusted by
the Developer or the City, upon written request, to conform to
the actual construction cost upon completion and acceptance of
the scree- facilities, provided the difference is greater than
twenty-five dollars ($25.00).
3. The following special cost distribution conditions shall be In lieu
ofr shall supersede and shall prevail over any of the standard cost
distribution provisions which may be in conflict herewith.
Uone.
CONTRACTa FOE: SUMMERFIEVDS ADDITION, PHASE VI, SECTION 4113A
11-6
4. Estimate of Construction Coat
Unit Developer City* Total
1tQM Quantity 2_ricr --Cost Cost Cost
28, Wide, Roadway 3,052 L.F. $60.00 $183,120 $_0_ $183,120
5" Reinforced Concrete
6" Lime Stab. Subgrade
Sub-Total $183,120 $183,120
108 Contingencies 18.312 -0- 18,312
Total $201,432 $-0- $201,432
*City's participation due to proposed park site is
CONTR,I.CT FOR: SUMMERFIELDS ADDITION, PHASE VI, SECTION 4113A
11-7
C. STORM DRAINAGE IMPROVEMENTS:
1. Based upon preliminary engineering design, the storm drainage
facilities listed below are required. It is understood that actual
sizes, quantities, and costs may vary after detailed engineering is
accomplished, and bids are taken.
peq.
qrjptLorLof Work to die Done:
The Developer agrees to install or have installed, the storm drain
system for this project as shown on Exhibit "B-1", attached heretc,
in compliance with all applicable City of Fort Worth Rules and
Regulations and Construction Standards. Furthermore, the Developer
also agree—
a. to construct all storm drainage facilities and ap?urtenances to
the line and grad.i established in the final plans.
b. to provide sufficient drainage easements for all storm drainage
facilities outside a public right-of-way. Drainage easements
shall ba provided along the entire length of the system to
include an outfall condition which is acceptable to the City
Engineer. A detention pond may be provided in lieu of an
adequate outfall with approval by the City Engineer. Drainage
easements along a required outfall channel or ditch shall be
provided until the flowline "day lights" on natural grade. The
minimum grade allowed on an outfall channel or ditch will he 0.2
foot per 100 feet. Drainage easements will generally extend at
least twenty-five (25) feet past an outiall headwall to provide
an area for maintenance operations.
C. to provide a drainage system which is fully functional and
readily maintainable.
d. to provide for storm flow resulting from a one hundred (100)
yea.:- frequency s.'-orm in accordance with City drainage design
criteria. Such flow once contained in a public drainage easement
and/or right-of-way shall continue to be retained with public
easements or rights-of-way, unless approved by the City Engineer
under a strictly controlled set of criteria. Over-flow swales
intended to con,.rey "public" storm flow shall be contained in a
drainage easement, included in the design plan, and constructed
in conjunction with the storm drainage improvements.
e. that the storm drain system will be designed to ultimate land
use. If stage construction 4-9 used, temporary offsite measures
--in be utilized as development proceeds but must be approved by
-he city Engineer. These temporary offsite meaBureF, must be
brought into conformance with ultimate design standards as
development proceeds.
CONTRAC T FOR- SUNIMERFIEIJ)S AMNTION, PHASE V1, SECTION MA
2. Cost Distribution.
a. The City shall, not pay any amount in the coot of storm drainage
facilities consisting of pipe 60-inches or less in diameter,
including the cost of any trench and/or channel excavation,
manholes, inlets, lead lines, headwalls and/or any other items
to complete the system.
b. Where pipe larger than 60 inches is used, the City shall pay
twenty-five percent (25%) of the difference in con6i:ruction cost
between a sixty inch pipe and any larger pipe size. There will
be no City participation in the cost of any trench and/or
channel excavation, manholes, inlets, lead lines, headwalls,
and/or any other items to complete the system.
C. Where a lined channel is constructed, the City's participation
shall be as follows:
(1) Twenty-five percent (25%) of the cost of concrete lining
in place provided the bottom of the channel is lined with
concrete or consists of natural solid rock.
(2) Twenty-five percent (25%) of the cost of gabion lining
provided that the channel bottom is lined either with
concrete or gabion; and/or the bottom of the channel
consists of natural solid rock.
(3) There shall be no city participation in the cost of any
trench excavation, right-of-way, inlets, manholes, guard
rail, rip-rap, seeding, sodding and/or any other appurte-
nances necessary to complete the drainage facilities.
d. Where a bridge or culvert is constructed, the City's part-ic,'-pa-
Lion shall be as follows:
(1) For systems smaller than or equal to a pipe size of sixty
(60) inches in diameter, area-wise, there shall be no City
participation.
(2) Where the system is larger than a pipe of sixty (6011)
inches in diameter or is of some other shape with a cross
sectional area of more than 19.6 square feet, the City
shall base its share of the cost on the water shed area to
be drained and will calculate its share according to the
table below for any bridge and/or culvert for a street
crogoing up to a roadway width of:
Forty (40) feet adjacent to single family or
duplex residential zoning and us'.
Fifty-'.,Nlo (52) feet adjacent to any other zoning
and/or use.
R
) !k
SU UsIERF'El AM UTCYN, PHASE VT. SECTION 4B3A
Watershed Area City_` Participation.
(Acres) of cost.)
up to - 1,000 25
1,001 - 1,500 30
1,501 - 2,000 35
2,001 - 2,500 40
2,501 - 3,000 45
3,001 - :1,600 50
3,601 - 4,2CO 55
4,201. - 4,E00 60
4,801 - 5,400 65
5,401 - 6,100 70
6,101 - 6,800 75
6,801 - 7,500 so
7,501 - 8,300 as
8,301 - 9,100 90
9,101 - 10,000 95
over 10,000 100
(3) Except as provided in Iten 7., Page 11-11, the City shall
also pay one hundred percent (100%) of the cost of con-
struc'ing the extra width of a bridge or culvert neces-
sary for roadways in excess of:
0 Forty (40) feet adjacent to single fanily and/or
duplex residenti.al zoning and use.
Fifty-two (52) feet adjacent to any other zoning
and use.
(4) There shall be no City participation in the cost of
parkway improvements, including pedestrian ways, guard-
rails, etc.
(5) Deveiopers shall submit cost estimates for both a bridge
and culvert and City cost participation shall be limited
t:te lo-,iest City cost estimate based on the atandard
cost distribution listed abo, -A.
TI-e City Council :aserves tae right to evaluate the
overall economic benefits to the City in all cases where
.LLP participation in a bridge or culvert exceeds forty
percent (40%) . The Director of Transportation and Public
Works shall submit an economic evaluation and recommenda-
tion to the Council in such cases.
(6) if the City requires a roadway width greater than those
described above, one hundred percent (1000 of the
additional cost of the drainage facility necessary for
that excess width wi.11 be paid by the City of Fort Worth.
CONTRACT FOR: Stj',N�liMERI,-IELDS ,ADDITIOT'*.', PHASE VI, SECTION MA
(7) If the developer desires a roadway wider than det:�irmined
necessary by the Director of Transportation and Public
Works, then there shall be City participation for the
additional cost of the drainage facility necessary for the
excess width.
(8) Bids and estimates for the construction of bridues and
culverts shall be prepared on a unit cost basis for the
length of the basic structure (width of the street) with
all appurtenances such as guard rail , wingwalls, etc. ,
being separate bid items, so that the cost distribution
due to oversize structures can be re4dily ateterwinad.
e. The City will consider the level of service being required and
City participation in extra cost of storm drainage facilities
where tha level of service is increased due to collector or
thoroughfare street requirements.
f. Storm flow shall not be diverted from its natural drainage
course to a border street unless approved by the City Engineer.
Where storm flow is diverted, in the opinion of City Engineer
there shall be no City participation for the additional cost of
constructing and/or oversizing any drainage facility or
appurtenance required to handle such diverted storm flow and the
City's participation shall stay the same as if the diversion did
not occur.
g. The City shall pay engineering costs in the amount of six
percent (6%) of the actua_j cost of the City's share of construc-
tion as defined above upon completion and acceptance of the
storm drain facilities. however, for preparation of Community
Facilities Agreements, the City shall use six percent (6%1j of
the estimated cost of its share of construction as defined above
for design engineering.
ia. The City shall assume its share of the cost of the storm drain
improvements and the engineering fee only if funds are available
for such participation. In the event that no funds are
available for City participation, the developer shall award the
contract and deposit with the City cash, or performance and
payment bonds for 100 percent of the estimated total construc-
tion cost of the improvements (plus ten percent (10%) for
engineering and miscellaneous costs if the City prepares the
plans) .
I. The Developer shall pay a construction inspection and materials
testing fee in the amount of two percent (2%) of the developer's
share of the storm drainage construction cost as defined above.
The two percent (2%) amount shall be included with the submittal
by the developer of the performance and payment bonds, or cash
together with the signed community facilities agreement to the
CONTRACT FOR: SUNMERFIELDS ADDITION, PHASE VI. SECTION 4113A
II-1 t
Development Coordinator. Far the preparation of a community
facilities agreement, two percent (2%) of the estimated cost of
the Developer's share of the storm drainage construction as
defined above for the construction inspection and materials
testing fee shall be used. At the time when bids are submitted
and prior to the work order being issued, the Developer shall
submit the amount in cash representing two percent (2%) of the
Developer's share of the storm drainage construction cost. This
amount may be adjusted by the Developer or the City, upon
written request, to conform to the actual construction cost upon
completion and acceptance of the storm drainage facilities,
provided the difference is greater than twenty-five dollars
($25.00) .
j. The following special cost distribution conditions shall be in
lieu of, shall supersede and shall prevail over any of the
standard cost distribution provisions which may be in conflict
herewith.
None.
CONTRACT FOR: SUMAIERFIEILDS ADDITION, PHASE VI, SECTION MA
11-12
4. Estimate of Construction Cost
Unit Developer City* Total
Item 4gantitty Price Cost Cost Cost
21" RCP 154 L.P. $35,00 $5,390 $-0- $5,390
27" RCP 370 L.F. 45.00 16,650 -0- 16,650
33" RCP 258 L.P. 70.00 18,060 -0- 18,060
101 Curb Inlet 4 Ea. 2,200.00 8,800 -0- 8,800
33" Conc. Headwall I Ea. 2,500.00 2,500 -0- 2,500
41 Sq. Manhole 2 Ea. 2,500.00 5,000 -0- 5,000
Sub-Total $56,400 $_0_ $56,400
10% contingencies 5,640 -0- 5,640
Total $62,040 $_0_ $62,040
City's participation due to proposed park site is
CONTRACT FOR: SWAMIERFIELDS ADDITION, PHASE VI, SECTION 4E3A
11-13
D- SjL�j ARY qF COST:
City
Street Improvements 201 43 2
Construction 201,432 `
...
Design ( 0 % of
Construction Cost)
construction Engineering and
Administration
(7.5% of Construction Cost) Q 2 9 11,07$
Storm Drain Improvements I &2.,O —
Construction 62,040,,
Design ( 0%, of
ConstructiOY4 Cost) 0
construction Engineering and
Administration
(10% of Construction Cost) 1 241 4,963_ 6,2S 4--
Street Light improvements
S 14,900
Construction 14,000
Design (10% of $ _IL40Q $ 1140-0
Construction Cost)
Street Name Sign improvements (IV) 32P -0- 32_O--
Construction
TOTALS (THIS PROJECT) 1_284,462 1 16,041
*The sum of $ to be deposited by the Developer prior to the execution of the contract.
ZgA.,_462
Does not include Developer's Design Engineering Cost on interior streets and storm drains.
City's participation due to facilities constructed adjacent to city Park is:
Streets
_, Storm Drains _-=.Ln-
a,b Represents two percent (2%) respectively Of the Developer's share of the estimated construction
I
costs for construction inspection and materials ;eating.
c,d Represents the City's share of the construction engineering and administration cost.
Reco�aended
q
Don cc sney, sistant irector
Tra portation and Publi Works
4A ,
Date
Based on Policy Revised
September, 1992
CFA code: 97008
CONTRACT FOR: SUMMERFIELDS ADDITION, PHASE VI, SECTION MA
11-14
I IT
STREET LIGHTS
The Developer agrees to provide for the installation of street
lights at the approximate locations shown in Exhibit "C"
within ninety calendar days of final. acceptance of the street
construction in accordance with engineering plans and
specifications to be approved by the Transportation and Public
Works Department.
When the C:Ity installs the lights, the Developer agrees to pay
the City the amount shown below prior to the City starting its
design efforts. When the City prepares the plans for the
Developer's contractor to install the lights, the Developer
agrees to pay the City 105 of the estimated constriction cost
before the City starts its design efforts.
3. The Developer has the option ':o install the lights on
residential and collector streets using overhead or underground
conductors, but the lights on arterial streets require
underground conductors. The City will install all the lights
that use overhead conductors. The City will normally install
all the lights that require underground conductors, but the
Developer agrees to employ a contractor to install the lights
when the City is unable to begin installing the lights within
ninety calendar days of final acceptance of the street
construction.
4 . The Developer agrees to pay the City 2% of the construction cost
for construction engineering and inspection of the street light
installation if a contractor installs the street lights.
5. The Developer agrees to dedicate all easements required for the
installatio-i and maintenance of the street lights and to provide
for the installation of any electrical transformers required for
the proper operation of the street lights.
6. The estimated cost of this street light installation is detailed
on page 111-2 and is summarized below. In the event the
Developer pays the City to do any of the work, it is agreed by
both parties that final payments will be adjusted such that the
Developer's payment is within $25. 00 of the actual cost (to
include overhead and fringe benefits) .
DEVELOPER I S COST
$15, 400.UO
SUMMERFIELDS ADDITION
PHASE VI, SECTION 4B3A
Fort Worth, Texas March 17, 1997
IiT--1
STREET LIGHf COST ESTIMATE
QUANTITY UNIT COST TOTAL COST
INTERSECTIONS 4 FA $ 2, 000 $ 8, 000
Broken Pine Trail & Broken Pine Trail
Broken Pine Trail & Waxwing Circle West
Waxwing Circle West & Periwinkle Drive
Periwinkle Drive & Crownwood Drive
MID-BLOCK RESIDENTIAL 3 EA $ 2, 000 6,000
1 each on Broken Pine Trail
1 each on Waxwing Circle West
I each on Periwinkle Drive
CHANGE OF DIRECTION RESIDENTIAL 0 EA $ 2, 000
MIr)-BLOCK COLLECTOR 0 EA $ 2, 000 $ __0__
MID-BLOCK ARTERIAL PARKWAY 0 EA $ 2, 000 $ __0__
MID-BLOCK ARTERIAL MEDIAN 0 EA $ 2, 200 $ __0__
RELOCATE EXISTING LIGHT 0 EA $ 400 $ __0__
Subtotal $14,000.00
City's Ccst $ ___0___
DevelozDer's Subtotal $14,000.00
101 for Engineering $ 1,400.00
Pro-4ect Total $15r400.00
Adjacen� De--lopt.-r's Cost $ ___0---
De.velo,per I s Cost $15,400.00
SUMMERFIELDS ADDITION
PHASE VI, SECTION 4B3A
Fort Worth, Texas 1-la-ch 17, 1997
IV
STREET ki:AI?E SIGNS
1. The Developer agrees to pay for the street name sign
installations required by this development to the extent of
$80.00 per intersection. This unit cost will be revised
annually by the Department of Transportation and Public Works
to reflect prevailing costs of materials and labor.
2 . This development creates t'ie following four (4) intersections at
a cost to the Developer of $320.00:
Broken Fine Trail & Broken Fine Trail
Broken Pine Trail & Waxwing Circle West
Waxwing Circle West & Periwinkle Drive
Periwinkle Drive & Crownwood Drive
3. The Developer may either deposit cash funds with the City equal
to the above amount at the time of Community Facilities
Agreement approval or wait until the street name signs are to be
installed. If the Developer elects to wait, the cost of street
name signs will be at the rate prevailing when the Developer
deposits funds with the City.
4 . The City wi-11 install the street name signs upon final approval
of the street construction. The street name signs will remain
the property of, and will be maintained by, the City.
SUbMRFIELDS ADDITION
PRASF. V-f, SECTION 4B3A
Fort Worth, 7'e:-xa's blanch 17, 1997
TAI--:1
V
GENERAL REQUIREMENTS
A. it is agreed and understood by the parties hereto that the developer shall
ernploy a civil engineer, licensed to practice in the State of Texas, for the
design and preparation of plans and specifications for the construction of all
facilities covered by this contract, subject to Paragraph B.
B. For any project estimated to -.ost less than $10,000 or for any project designed
to serve a single lot or tract, the developer may at his option request the City to
provide the design engineering, and if such request is granted, the developer
shall pay to the City an amount equal to 10 percent of the final construction
cost of such project for such engineering services.
C. In the event the developer employs his own engineer to prepare plans and
specifications for any or all facilities, the plans and specifications so prepared
shall be subject to approval by the department having jurisdiction. One (1)
reproducible set of pla-is with 15 prints and 35 specifications for each facility
shall be furnished the department having jurisdiction. It is agreed and
understood that in the event of any disagreement on the plans and
specifications, the decision of the Transportation/Public Works Department
Director, and/ol, Water Department Director will be final.
D. It is further agreed and understood by the parties hereto that upon acceptance
by the City, title to all facilities and improvements mentioned hereinabove shall
be vested at all time; in the City of Fort Worth, and developer hereby
relinquishes any right, title, or interest ir, and to said facilities or any part hereof,
E. Work hereunder shall be completed within two (2) years from date hereof, and
it is understood that any obligation on the part of the City to make any
obligation on the part of the City to make any refunds with respect to water
and/or sanitary sewer facilities shall cease upon the expiration of two (2) years
from date hereof, except for refunds due from "front foot charges" on water
znd sanitary sewer mains, which refunds may continue to be made for a period
of ten (10) years commencing on the date that approach mains are accepted by
V--1
the Director. If less than 70% of the eligible collections due to the developer
has been collected, the Developer may request in writing an extension of up to
an additional 10 years for collection of front charges. If the construction under
the Community Facilities Conti-act S11311 have started within the two-year period,
the life of the Community Facilities Contract shall be extended for an additional
one-year period. Community Facility Contracts not completed within the time
periods stated above will require renewal of the contract with all updated
agreements being in compliance with the policies in effect at the time of such
renewal. Developers must recognize that City funds may not be available to
pay all or a portion of the normal City share for renewal contracts. It must be
understood by all parties to the Community Facilities Contract that any of the
facilities or requirements included in the contract that we to be performed by
the developer, but not performed by the developer within the time periods
stated above, may be completed by the City at the developer's expense. The
City of Fort Worith shall not be obligated to make any refunds due to the
developer on any facilities constructed under this agreement until all provisions
of the agreement are fulfilled.
F. PERFORMANCE AND PAYMENT GUARANTErr
1. For Str�. Storm Dry. Str eet L[ghJ__?..j Street Name Sion Facilities gn a
n-As,lg pWgnL_Ba11A:
Performance and Payment bonds or cash deposits acceptable to the City
are required to be furnished by the developer for the installation of
streets, storm drains, street lights, and street name signs, on a non-
assussment basis, and must ba furnished to the City prior to execution of
this contract. The performance and payment bonds shall be in the
amount of one hundred percent (100%) of the developer's estimated
share of the cost of the streets, storm drains, street lights, and street
name signs. If the deposit is in the form of cash, the deposit shall be in
the amount of one hundred twenty five percent (125%) of the
developer's estimated cost of the streets, storm drains, street lights,
street nave signs, and change orders (during the course of the project).
V-2
2, For Pavina Assessment:
Performance and payment bonds or cash deposits, acceptable to the City
are required to be furnished by the developer for one hundred percent
(100%1 of the developer's estimated cost resulting from the paving,
drainage, lighting and name signage of border streets on an assessment
paving basis. (Reference Section VI, item 3, Development Orocedures
Manual.) Said performance and payment bonds or cash deposits must
be furnished to the City prior to execution of this contract.
3. Fqr Water and Sanitary Sgwer Fag ill o:
Performance and payment bonds, or cash deposits, acceptable 'to the
City are required to be furnished by the developer for the installation of
water and sanitary sewer facilities.
a. Whem the developer lets the construction contract for water and
sanitary sewer facilities, performance and payment bonds shall be
deposited, in the amount of one hundred percent (100%) of the
estimated cost of construction, cash deposited shall be in the
amount of one hundred twenty-five percent (125%), as stated in
the construction contract, is required to be furnished simultaneous
with execution of the construction contract.
b. Where the City lets the contract, performance and payment bonds
shall be deposited, in the amount of one hundred percent (100%)
of the estimated cost of construction, as stated in the construction
contract, is required prior to issuance of a work order by the City.
4. T ges of raugrantees:
a. Performance and Payrngnt Bonds: Are required for the
construction of streets, storm drains, .�treet lights, and street name
signs, the following terms and conditions shall apply:
V-3
(1) The bonds will be standard performance and payment bonds
provided by a licensed surety company on forms furni.;!hed
by that surety company_
(2) The bands will be subject to the review and approval by the
City Attorney.
(3) The performance bond shall be payable to the City and shall
guarantee performance of the street, storm drain, street
light, and street name sign construction contemplated under
this contract. F,!
9
7
(4) The Payment Bond shall guarantee payment for all labor,
materials and equipment furnished in connection with the
street, storm drain, street light, and street name sign
construction contemplated under this contract.
(5) In order for a surety company to be acceptable, the narne of
the surety shall be included on the current U.S. Treasury list
of acceptable sureties, and the amount of bond written by
any one acceptable company shall not exceed the amount
shown on the Treasury list for that company.
s.
b. C iW aeQ : A cash deposit shall be acceptable with
verification that an attempt to secure a bond has been denied,
such deposit shall be made in the Treasury of the City of Fort
.Vorth. The City of Fort Worth will not pay interest on any such
i
caG`; deposit.
G
i
{
(1) At such time that the contract is bid for projects other than
{
assessment projects, the cash deposit shall be adjusted to
d
one hundred twenty five percent (125°/x) of the actual bid
price. No contract shall be awarded and no work order shall
be issued until such adjustment is made.
V-4
(2) When a cash deposit is made, the additional twenty-five
percent (25%) beyond the one hundred percent (100'%)) of
the estimated developer's share represents additional funds
for change orders during the course of the project. This
twenty five percent (25%) shall be considered the
developer's change order fund.
(3) If the developer makes a cash deposit with the City, the
developer may make timely withdrawals from the cash funds
in order to pay the contractor and/or subcontractor based on
amount of construction work completed as approved and
verified by the City Engineer or authorized representative.
For projects whose actual total contract cost is $400,000 oi,
greater, such release of securit9.1 shall equal the percentage
of work completed for that period multiplied by ninety-five
percent (95%). This percentage shall be applied to the
actual current total contract cast to determine the amount
that may be reduced upon request of developer. For
projects whose actual total contract cost is less than
$400,000, such release of security shall equal the
percentage of work completed for that period multiplied by
ninety percent (90%). This percentage shall then be applied
to the actual current total contract cost to deteimine the
amount of security that may be reduced upon request of
developer. The remaining security, five percent (5%) for
projects of $400,000 or greater and ten percent (10%) for
projects less than $400,000 together with the remaining
funds from the Developer's Change Order Fund, if any, will
be released to the developer after the project has been
accepted by the City. Partial release of funds shall be limited
to once per month. There shall be no partial release of funds
for projects of less -than $25,000. Proof that the developer
has paid the contractor shall be required for partial releases.
V_ra
5. Purpoe. Term and R ne1�ral pf Guarantees:
a. Performance and payment bonds, and cash de .°-sits furnished
hereunder shall be for the purposes of guaranteeii,g satisfactory
compliance by the developer with all requirements, terms and
conditions of this agreement, including, but not limited to, the
satisfactory completion of the improvements prescribed herein, and
the making of payments to any person, firm, corporation or other
entity with whom the developer has a direct contractual
relationship for the performance of work hereunder.
b. Developer shall keep said performance and payment bonds, and/or
cash deposits in full force and effect until such time as developer
has fully complied with the terms and conditions of this
agreement, and failure to keep same in force and effect shall
constitute a default and breach of this agreement.
G. The City shall assume its share of the cost of the improvements covered by this
agreement along with the engineering fee only if funds are available for such
participation. In the event that no funds are available for City participation, the
developer shall award the contract and deposit with the City a performance and
payment bonds or cash for 100 percent of the estimated total construction cost
of the improvements [plus ten percent (10%) for engineering and miscellaneous
costs if the City prepares the plans].
H. On all facilities included in this agreement for which the developer awards its
own construction contract, the developer agrees to follow the following
procedures:
If the City participates ir; the cost of the facilities, the construction
contract must be ad\ertised, bid and awarded in accordance with State
statutes prescribing the requirements for the letting of contracts for the
construction of public work. 'This includes advertising in a local
newspaper at least twice ;n one or more newspapers of general
circulation in the county or counties in which the work is to be
performed. The second publication must be on or before the tenth
V-S
(1 0th) day before the first date bids may be .submitted. The bias must
be opened by an officer or employee of the City at or in an office of the
City,
2. To employ a construc*.ion contractor who is approved by the Director of
the Department having jurisdiction over the facility to be so constructed,
said contractor to meet City's requirements `ar being insured, licensed
and bonded to do work in public streets.
S. To require the contractor to furnish to the City payment, performance
and maintenance bonds in the names of the City and the developer for
one hundred percent (100%) of the contract price of the facility, said
bonds to be furnished before work is commence. Developer further shall
require the contractor to provide public liability insurance in the amounts
required by the City's specifications covering that particular work.
4. To give 48 hours notice to the department having jurisdiction of intent to
commence construction of the facility so that City inspection personnel
will be available; and to require the contractor to allow the construction
to be subject to inspection at any and all times by City inspection forces,
and not to install any sanitary sewer, storm drain, or water pipe unless a
H.
responsible City inspector is present and gives his consent to proceed,
and to make such laboratory tests of materials being used as may be
required by the City.
5. To secure approval by the Director of the Department having jurisdiction
of any and all partial and final payments to the contractor. Said approval
shall be subject to and ir, accordance with requirements of this
A
agreement, and is not to constitute approval of the quantities of which
payment is based.
6. To delay connections of buildings to service lines of sewer and water
mains constructed under this contract until said sewer and water mains
and service lines have been completed to the satisfaction of the Water
Department.
V-7
i
7. It is expressly_understood by and between the developer and the City of
Fort !!North, that in the event the developer elects to award ors single
construction contract for storm drainage and pavement, said contract
shall be separated in the bidding and City participation, if any, shall be
limited to the lowest possible combination of bids as if each of the above
were awarded as separate contracts.
I. Anything to the contrary herein notwithstanding, for and in consideration of the
promises and the covenants herein made by the City, the developer covenants
and agrees as follows:
1. The developer shall make separate elections with regard to water and/or
sanitary sewer facilities, storm drainage, street improvements and street
lights as to whether the work prescribed herein shall be performed by the
City, or by its contractor, or by the developer, through its contractor.
Each separate election shall be made in writing and delivered to City no
than six (f) months prior to the expiration of this agreement. In the
event any of such separate elections has not been made and delivered to
City by such date, it shall be conclusively presumed that the developer
has elected that such work be performed by the City in accordance with
all of the terms of this agreement, and in particular Paragraph V-F hereof.
2. Irrespective of any such election and whether the work is to be
performed by the City, or by its contractor or by the developer through
its contractor, the developer covenants and agrees to deliver to the City
a performance and payment guarantee in accordance with the provisions
of Paragraph V-F of this agreement.
3, In addition to the guarantee required in the preceding paragraph, in the
event developer elects that the work be performed by the City, or by the
City's contractor, or such election is presumed as provided above, the
developer covenants and agrees to pay to the City the developer's share
of the estimated construction costs. The amount of such estimated
payment shall be computed as set out in Sections 1, 11, IN, and IV hereof,
based upon the lowest responsive bid for such work, as determined by
City, or upon a cost estimated to be performed by City forces prepared
V-8
by the City, as appropriate, and shall be subject to adjustment to actual
costs upon final completion of the subject work. Such estimated
payment shall be made promptly upon demand by City, it being
understood that such payment will be made after the receipt of bids for
work, but in every case prior to the award of any construction contract,
unless ctherwise specifically set out herein.
4. Developer further covenants and agrees to, and by these presents does
hereby fully indemnify, hold harmless and defend the City, its officers,
agents and employees from and against any and all claims, suits or
causes of action of any nature whatsoever, whether real or asserted,
brought for or on account of any injuries or damages to persons or
property, including death, resulting from, or in any way connected with,
this agidement or the construction of the improvements or facilities
described herein, whether or not causes, on whole or in part, by the
negligence of officers, agents, employees, licensees, invitees,
contractors or subcontractors of the City; and in addition the developer
covenants to indemnify, hoid harmless and defend the City, its officers,
agents and employees from and against all claims, suits, or causes or
action or any nature whatsoever brought for, or on account of any
injuries or damages to persong-ti or property, including death, resulting
from any failure to properly safeguard the work or an account of any act,
intentional or otherwise, neglect or misconduct of the developer, its
contractors, subcontractors, agents or employees, whether or not
caused, on whole or in part, by the negligence of officers, agents,
employees, licensees, invitees, contractors or subcontractors of the City.
5. Developer covenants and agrees that it discriminates against no
individual involving employment as prohibited by the terms of Ordinance
No. 7278 (as amended by Ordinance No. 7400), an ordinance prohibiting
discrimination in employment practice because of race, creed, color,
religion, national origin (except for illegal aliens), sex or age, unless sex
or age is a bonafide occupational qualification, subcontractor or
employment agency, either furnishing or referring applicants to such
developer, nor any agent of developer is discriminating against any
V-9
individual involving employment as prohibited by the terms of such
Ordinance No. 7278 (as amended by Ordinance No. 7400).
J. The attached Exhibits Appendix "A", A, A-11, B, B-11, C and Location Map are
made a part hereof for all intents and purposes.
K. Venue of any action brought hereunder shall be in Fort Worm, Tarrant County,
Texas,
L. The City's Policy for the Installation of Community Facilities, as adopted by the
City Council on September 1992, is hereby incorporated herein by reference,
and Developer covenants and agrees to comply with said Policy as a condition
of this contract and as a condition to the platting of the subject property.
IN TESTIMONY WHEREOF, the City of Fort Worth has caused this instrument to be
executed in quadruplicate in its name and on its behalf by its City Manager, attested
by its City Secretary, with the corporate seal of the City affixed, and said Developer
has, 4?—Od ecuted this instrument in quadruplicate, at Fort Worth, Texas this the a,
-"x t v
of 19
ATTEST: CITY OF FORT WO 7 TEXAS
67 By://(
Alice Church lid,6 Groomer
City Secretary Assistant City Manager
APPROVED AS TO FORM AND DEVELOPER:
LEGALITY: FJM, l
Gary 37'steinberger yne Lee
Assistant City Attorney Project anager
Contract. Autho ization
V-10
I
APPENDIX"A"
COST ESTIMATE SUMMARY
PROJECT SUMME,RFIELDS ADDITION, PHASE: VI SECTION 4E3A
PERFORMANCE
CONTRACT SECTION DEVELOPER CITY TOTAL GUARANTY �{
r;
Section I
Water 93 710 $-0- 93 710 X3,710
a
Sewer 71.0500 21,Q50 71,050
Construction Insp. Fee 3,296 _0- 3.296 3,296
Section II
1. Interior Street
Construction 201,432 -0- 201,432 201,432 y
Design Eng. -0- -0- -0- -0-
Eng. &. Adinin 4,029 11,078 15,107 4,029*
2. Storm Drains
Construction 62,040 -0- 61040 62,040
Design Eng. T -0- -0- -0- -0-
Eng. & Admin 1,241 4,963 6,204 1,241
Section III
Street Lights 14,000 -0- 14,000 K000
Design 1, 00 _0- 1,400 1,400
Section 1Y
Street Name Sign 320 _0- 320 320
TOTAL 452 518 516,041 $468,559 $452,518
* 2% Construction inspection fee to be deposited in cash prior to issuance of work order.
COJI"YOVOOD'DRIVE
5a 4 1 a 147) pa.0�� Vt r: 1J
43 37 30
42 41 40 39 38 37 3el 35 34 33 31 147
44 L, IA±, 72 1
23-
20
45
48 t 2 3 4 S a 7 8 0 10 11 12 27
47
48
I
49 A
50
52
3r.
to
54 R 20 xa
21
55 34 33 32 31 30 29 28 23 25 24 23 22 22
26 21
2
58 41 tp
PERIWNKLE DRIVE PRM. P w )9
12
57 la
17 18 19 211 21 2 23 24 25 26 27 25 29
f 47 Jr
p p T,C.T-
Y4summse'-j90.PGS-57-
130.
A
WATER
SUMMERFIELDS
PHASE VI SECTION 4B3A
AUGUST 19"
ff �LLandCon Inc.
lopm Engineers•Surveyors•Planners
2-KM vipj,,�o Dr,We M,Fort WortN Tem^
ort
Box M2A7, ,I Wcfth TOXM 76%5--�, 4
,w)335-6065 FAX (81V)335-6A7
l P11A F S -
_—_-_..—I� S1141FF.P4.CLP5
\ 1
. ( C.11Nr.NW(K_f 11?14i
.o 11471 10 It fa--� 13 is 13 16 ( 1T 111 IP 20 11 22 I :3
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4b a7 43
42 at 40 39 38 37 36 35 :,4 33 32 3t 30 47
29
BnonN PINE 1RNL
48 r
` ✓ iv�
t 8 7 $ S 9 ` IJ it 12 27 S � ,A� off' ii
45 ri t 2 3 4 5 46 �
47
t
48
>,0
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V3
51 /
52 12 /
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�. 54 p 21 20
t 42 22
a� 55 34 33 32 31 30 29 29 27 28 23 29 23 22 21
t ri
,d PERIVANKLE DRIVE PROP. 8, SS 19 4'• II o ,.
is
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57 `
17 1s 19 20 21 2� 23 24 2B 28 27 28 29 1f fe
17
)], -
o RIVER BIRC14 ROAD PFIT` N.SECnos 481.
�a & -- SUNMERf1E1.05 S.57»58.P.R.f.C.t,
�
x
L
c
EXHIBIT A-1 ,
SANITARY SEWER
SUMMERFIELDS
PHAc'9 VI SECTION 4133A
AUWST19"� Incs
4 u ngirve-ers•surveyors•Planers
I z5o Parkwbw Ur,"s M,Fort Worth Texamm 70W-SWO
P.O.Box 1(30'[47,Fort Worth Tex*A 70SS-0247
r_._...r..hs (—,1 100-7 ? nnr,-On. Inr.
!d
�
|
!
!.
|
'
,
'
�
'
!
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|
>�
_
�
i47 43 34 33 32 30
44 42 41 40 38 31
45 2
27 q-
Is
54 20
m W 32 30 29 28 27 25 24 23 22 22
26 21
56 41
57 a
is 19 20 2t 23 24 25 26 27 28
PCs
VOL
EXHIBIT 0
CD
PAVING
SUMMERFIELMS
PHASE VI SECTION 4B3A m
5' CON' PVWT. AMST 1995
R)w'. LO LandCon Inc.
P a Box W247 Fort Wbr%Texas,7685-OW
m
4
G, T-- ±- 7
39 38 37 36 35 34 33 31 47
44 29
BROKEN PINE TRAIL 9T
45 28
0 1 2 3 4 5 7 a 10 N 12 27
47
III, MET
24 24' RCP
24• RCP
LEAD ONLY
33'RCP
27• RCP s 19
LEAD ONLY
6Z P
50
I C143)
51
24' RCP
52 27° LEAP ONLY 12
24" RCP
LEAD ONLY
53 18
54
20
21
55 9E U 33 32 31 30 29 26 27 42 25 24 23 22
26
10� NLET 21
2e RCP
56
27" RCP PERIVANKLE DRINE 41
19
57 6
—1 ,NLET
18
h 0: 2 RCP 22 L 26 27 28 29
17 ia 191 23 24 25 14
-7
At v0L
L<
U
EXHIBIT B-I
rn
STORM DRAIN
SUMMERFIELDS
PHASE VI SECTION 03A
AVWST ION
wLandCon Inc.
mmw Ergffxwe•Surveyors•Plamwe
2501 Pwtvww Dr,PA*e M,Fort worth,To"*73102-SOW
P.O.Box 100247,Fort Worth Texas, '6186-0247
Ul)
(Sf7)X35 5065 FAX (8M 335-WV I
' � CANN Otr'KIiOD ORfVf - _— V
—7-7
's q A I 21 r. i 23
4)
7 43 41 4() 39 3a 37 "6 35 34 33 32 31 30
47
1 4 2
29
45
BROKEN PINE rAJL 28
•6 1 2 3 9 10 2
47
48
Cf.
50
2
X
51
52 t2 i
-z
A is
19
54 20
tS 42 21
22
55 34 33 32 31 30 2fa 28 27 26 25 24 23 lk�
21
56 41
MVAWt E DRIVE 4t
57
17 13 t9 20 21 22 23 24 25 26 27 28 29 \14 13
sa
s L LI L
R1WR RP,,H Rz:�Al) 4W.
"T C T.
vim. S88-t9
rf
L<l
EXH1131T C
STREET LIGHTS/SIGNS ti
SUMMERFIELDS
PHASE VI SECTION 4B3A m
<
AXMST 1"6
STREET NAME $40N
C>
LandCon Inc.
STREET LIG"7.' Ergk)eers-Sw veyors PWTWB
2W r-w�cow Dr,SuRe M,Fort Worth,Texas,73102-WW
Pa Boy.=247,Fort Wort K—,exas,76%6-0247 U')
(8M 335-5M FAX (80 335-'5067
LOCATION MAP
SUBJECT I
PROPERTY
28
SUMMERFIELDS BLVD.
m
a
0
x
B SSW00D BLVD.
4�
Q�
J
Q�
�6
z
i
c
EXHIBIT r
c
LOCATION MAP
SUMMERFIELDS
PRASE VI SECTION 4B3A Q
AUGUST 19"
LandCon Inc.
�II.r Engineers•surveYOM•Planers
-,.rA€'aukracrw Dr,Fa-,M For!Wiorth.Texas,76182-6803
P.O.Box 10024/,F°cx4 WoM TeW 7605.0247
(8M 335.5 FAX (13M 335-5W
ji
City of Fort Worth, Texas
Mayor and Council Communication
DATE REF EREIJCE NUMBER LOG NAME
10/G2/97 **C-16342_ 20FJM 1 of 2
SUBJECT Cl OMMUNITY FACILITIES AGREEMENT WITH FJM, INC., FOR THE INSTALLATION
OF COMMUNITY FACILITIES - SUMMERFIELDS ADDITION, PHASE Vi, SECTION
4133A
RECOMMENDATION:
It is recommended that the City Council authorize the City Manager to execute a Community
Facilities Agreement with FJM, Inc., for the installation of community facilities for Summerfields
Addition, Phase VI, Section 4133A.
DISCUSSION:
FJM, Inc., the developer cf Summerfields Addition, Phase V1, Section 4133A has executed a
proposed contract for community facilities to serve a single-family residential (79 lots)
development located in northeast Fort Worth, south of Summerfields Boulevard, and east of
Beach Street. This development is located in COUNCIL DISTRICT 4.
This Community Facilities Agreement is in compliance with standard City policy, except that the
Developer is providing the City with an Escrow Pledge Agreement in lieu of a Developer's Bond
or a cash deposit. This project does not require the construction of sidewalks.
ESTIMA*rED COSTS
Project Cost Developer Cif Total
Water $93,710 -0- 93,710
Sewer 71 ,050 -0- 71,050
Construction Inspection Fee 3,296* -0- 3,296
Street Improvements
Constructir,n 201,432 -0- 201,432
Design Engineering _0_ -0- -0-
Engineering and Admin. 4,029* 11,078 15,107
Storm Drain Improvements
Construction 62,040 -0- 62,040
Design Engineering -0- -0- -0-
Engineering and Admin. 11 ,241 4,963 6,204
Street Lights 15,400 -0- 15,400
Street Narne Signs 320 -0- 320
_'o-al for this 1 project 5452,513 $16,041 $ 468,559
City of Fort on 2'elvas
Mayor and Council Communicatiou
DATE REFERENCE NUMBER LOG NA M2. PAGE
10/ **C-16342 20FJMINC -
of 2
SUBJZCT COMMUNITY FACILITIES AGREEMENT WITH FJM, INC., FOR THE INSTALLATION
OF COMMUNITY FACILITIES SUMMERFIELDS ADDITION, PHASE VI, SECTION
4B3A
PLAN COMMISSION APPROVAL:
On February 29, 1984, the Plan Commission approved application for preliminary plat (PP-84-4).
Final plat (FP-97006) has been submitted to City staff for review.
FISCAL i N!:0 RMATIO N/C ERTI FI CATION:
The Director of Fiscal Services certifies that funds are available in the current capital budget, as
appropriated, of the New Development Fund.
MG:m
Ii
FUND ACCOUN-11 CENTER
r?-)jg6t];4tjng Departmtnt Head: