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HomeMy WebLinkAboutContract 60061City Secretary Contract Number 60061 DEVELOPER FUNDING AGREEMENT FOR MIAMI THREAD FACILITY WATER LINE REPLACMENT This DEVELOPER FUNDING AGREEMENT ("Agreement") is by and between Elena Chavon Corp., d/b/a Miami Thread, hereinafter referred to as "Developer", Top Cat LLC, hereinafter referred to as "Owner," and the City of Fort Worth, Texas hereinafter referred to as "City". WHEREAS, Owner, is the owner of land west of IH 35, and north of Tucker Street, in Fort Worth, Tarrant County Texas, more fully depicted on Exhibit A which is attached hereto and incorporated herein by reference (the "Property"); and WHEREAS, Developer is developing the Property and is required to construct public infrastructure improvements to support the development, including replacing an existing 6-inch cast iron water line with an 8-inch water line along the frontage of the Property along the South Freeway Southbound Service Road, and associated pavement replacement (the "Work"); and WHEREAS, the City will be constructing a capital project for the replacement of 6-inch cast iron water line with an 8-inch water line, which scope includes the frontage of the Property along the South Freeway Southbound Service Road (the "Pipeline Project"); and WHEREAS, in lieu of Developer performing the Work, the City intends to perform the work as part of the City's Pipeline Project, with the Developer paying its portion of the cost of the Work to the City; and WHEREAS, Developer will make a contribution to the City in the amount of $16,380.00 (the "Contribution"), and the City will include the Work in the scope of the Pipeline Project; and WHEREAS, Developer will construct additional public infrastructure improvements, including, but not limited to, replacing an existing 4-inch water main within Tucker Street along the southern frontage of the Property with an 8-inch water main pursuant to and as further defined in a separate community facilities agreement for Miami Thread Facility (IPRC23-0030), City Project Number 104784; NOW THEREFORE, in consideration of the above recitals and the promises and covenants contained herein, City and Developer do hereby agree as follows: 1. Concurrent with Developer's execution of this Agreement, Developer has paid to City the Contribution amount of $16,380.00 for City to construct the Work as part of the City's Pipeline Project, as described above. Developer's Contribution amount for the Pipeline Project will not exceed the $16,380.00, regardless of any changes to or increase in the cost of the Pipeline Project. The Contribution amount was determined as follows: Developer Funding Agreement for Miami Thread Facility Water Line Replacement Elena Chavon Corp. OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Miami Thread Facility IPRC23-0030 Water Improvements Unit of Measure Q 0. CFW Alternate Bid Developer Cost (Delta) Del- Water Cost 6" PVC Water Linz LF , , $105.00 S15.00 $6-330-O0 8" PVC Water Line $120.00 6" Gate Valve EA 4 $2,000-00 $600.00 $2.400.00 8" Gate Valve $2,600.00 58,730.00 Paving Improvnaents Unit of Measure Qty CFW Total Del Paving Total Assumed 6'wide conc panel (Devrcity- Frontage) SY 68 $225.00 $15.300.00 $7.650.00 Developer Contribution S16,380.00 2. City will appropriate the Developer Contribution into the project fund for the Pipeline Project in order to compensate the City's contractor for the Work. 3. Developer's Contribution to the City is an actual cost of Developer's obligation for its costs related to the Work described herein. 4. City will use its best reasonable efforts to complete the Work without undue delay. 5. Any changes to the scope or timing of the Pipeline Project or other changes to infrastructure shall not impact Owner's or Developer's rights to operate and use, any and all existing infrastructure, in addition to any upgrades completed through the separate community facilities agreement for Miami Thread Facility (IPRC23-0030), City Project Number 104784 at the flows indicated in the following water demand calculation for the Project: Summary of Water Demand Cafcufation - Proposed Use Sub- Basin ID Use Units Unit Type Density (people/ connection} Capita Population (C) Average Daily Demand (gpcd) Max Daily Flow (gpm) Max Day + Fire Flow (8Pm) Max Hour Flow (gpm) 1 Office Refer to POTW application far related values. 1.76 — 3.69 2 Medium Industrial *FIXED N/A N/A N/A N/A 300.0 — 300.0 Total 301.76 1,801,76 303.69 Any increase in water demand or expansion of operations beyond the water demand calculation for the project will require additional study and approval by the City and may require additional public infrastructure construction by Owner or Developer. 6. This Agreement shall be binding upon and inure to the benefit of the City and Developer and their respective successors and assigns. This Agreement, together with any exhibits attached hereto, constitutes the entire agreement between the parties hereto, and may not be amended except by a writing signed by all parties and dated subsequent to the date hereof. 7. If Developer or any subsequent owner transfers the Property or any portion thereof prior to the performance of all obligations of the Developer or City hereunder, Developer or such transferring owner shall obtain an agreement from the transferee assuming the obligations of the transferring owner under this Agreement performable from and after the date of transfer. From and after the date of such transfer, the transferee shall be solely obligated under this Agreement, and the transferring owner shall have no further obligations under this Agreement, with respect to the Property or portion thereof transferred. Developer Funding Agreement for Miami Thread Facility Water Line Replacement Elena Chavon Corp. Page 2 of 6 8. Notices required pursuant to the provisions of this Agreement shall be conclusively determined to have been delivered when (1) hand -delivered to the other Party, its agents, employees, servants or representatives, (2) delivered by electronic means with confirmation of the transmission, or (3) received by the other Party by United States Mail, registered, return, receipt requested, addressed as follows: City: City of Fort Worth Attn: Dana Burghdoff, Assistant City Manager 200 Texas Street Fort Worth, TX 76102-6311 Email: dana.burghdoff@fortworthtexas.gov Facsimile: (817) 392-8654 With Copy to the City Attorney. Developer: Elena Chavon Corp. Attn: Amy Daugherty 4621 S Cooper St, #131-344 Arlington, Texas 76017 Email: ElenaChavon@yahoo.com Owner: Top Cat, LLC Attn: Ron Daugherty 1221 Vintage P1 Nashville, Tennessee 37215 Email: RTDaugherty77@yahoo.com 9. This Agreement shall be construed under and in accordance with Texas law. Venue shall be in the state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas, Fort Worth Division. 10. In the event that any clause or provision of this Agreement shall be held to be invalid by any court of competent jurisdiction, the invalidity of such clause or provision shall not affect any of the remaining provisions hereof. 11. City and Developer, and if they so choose, their attorneys, have had the opportunity to review and comment on this Agreement; therefore any rule of contract construction or interpretation that would normally call for the document to be interpreted as against the drafting party shall not apply in interpretation of this Agreement, and each section, portion, and provision of this Agreement shall be construed solely on the basis of the language contained therein, regardless of who authored such language. 12. Developer agrees that, until the expiration of three (3) years after execution of this Agreement that the City shall have access to and the right to examine any directly pertinent books, documents, papers and records of the Developer involving transactions relating to this Agreement. Developer agrees that the City shall have access during normal working hours to all necessary Developer facilities and shall be provided adequate and appropriate workspace in order to conduct audits in compliance with the provisions of this section. The City shall give Developer reasonable advance notice of intended audits. 13. It is understood that by execution of this Agreement, the City does not waive or surrender any of its governmental powers or immunities. 14. This Agreement may be executed in multiple counterparts, each of which will be deemed an original, but which together will constitute one instrument. Developer Funding Agreement for Miami Thread Facility Water Line Replacement Elena Chavon Corp. Page 3 of 6 15. This written instrument (together with any attachments, exhibits, and appendices) constitutes the entire understanding between the City and Developer, and any prior or contemporaneous, oral or written agreement that purports to vary from the terms hereof shall be void. IN WITNESS WHEREOF, the City and Developer have each executed this Agreement by their duly authorized representatives to be effective on the date signed by the City's Assistant City Manager. City of Fort Worth, Texas: Developer: Elena Chavon Corp. 4321 S Cooper St, #131-344 Arlington, Texas 76107 T7c�za-3li . 14.�auuL. ba f�r By:Dana Burghdoff (Sep , 20231 CDT) By: Amy L. Daugherty (Aug 23, 02311:3 EDT) Dana Burghdoff Amy Daugherty Assistant City Manager President/CEO Date: Sep 6, 2023 APPROVAL RECOMMENDED: Chris Harder Chris Harder (Aug 31, 2023 07:01 CDT) By: Chris Harder, P.E. Director Water Department APPROVED AS TO FORM AND LEGALITY: DBlack (Sep 5, 202316:34 CDT) By: Douglas W. Black Senior Assistant City Attorney CONTRACT AUTHORIZATION M&c: NA Date: -- vnnn AlpOR '%O6 00 pis �AIv 00, 8=o OW ,i ATTEST: o*��� *pd A l&$o.. Q as°anb xas4a By: Jannette Goodall City Secretary Developer Funding Agreement for Miami Thread Facility Water Line Replacement Elena Chavon Corp. Date: Aug 23, 2023 Owner: Top Cat, LLC 1221 Vintage P1 Nashville, Tennessee 37215 Ron Dau (Aug 22, 202318:18 EDT) By: Ron Daughtery Owner OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX CONTRACT COMPLIANCE MANAGER: By signing, I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. To7. .51.,e642. By: Tony Sholola, P.E. Assistant Director, Water Department Developer Funding Agreement for Miami Thread Facility Water Line Replacement Elena Chavon Corp. Page 5 of 6 EXHIBIT A Developer Funding Agreement for Miami Thread Facility Water Line Replacement Elena Chavon Corp. Page 6 of 6