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HomeMy WebLinkAboutContract 28531THE STATE OF TEXAS C�UNTY OF TARRAN�T COMMUNITY FAC7LITIES AGREEMENYI' 0 � City �ecretary Contract No. ' � WHEREA�, Hi.storic Landmark, I�c. hereina�ter called "Developer", desires to make ce�ain improvem�nfis to tl�.e V�cto�ry Arts Center, located a� 3300 Hemphill Street, an �.c3ditian ta iYie Czty of �art'V�orkh, Texas; and V�THEREAS, the said DeveXoper has requested the City of Fort �orth, a municipal corpa�atioa� of Tarran�t and Denton Counties, Texas, hercinafter ca.11ed 44City", to do certai.n work in conneciion with said improvezne�ts. , 1`�OW, T'�LEREFORE, �NOW ALi, B� THESE PRESENTS: That said Developex, ac�ing hereixz by and through Ray Baoihe, zts dnly authorized Fresident, and the City, acting herein. by and through Marc Ott, �ts duly authorizeci As�istant City Manager, for and in cansideration of the covenaxzts and co�.ditions contai�n�d herein, do hereby agree as follows: - I. Gemeral Requirements A. The Policy for f�he Ixistallation of Camumunity Faciliiies ("Polic�') dated I: C I� E. March 2001, approved by tiie Ci�y Councxl of the Ci.ty o#' Fort Wox-�h, is hereby iz�corporated into this Coxxunux�ty Faczlities Cantrac� as if copy herein verb�atim. Deve�oper agxees io eoxn�aly with aI1 provisions o� sai,d Palicy is� the pezforma�zce of its duties and obligatinns hereunder. The req�irements of the Policy sha11 govern this Cominuni.ty Facilities Agreement, pro�ded, however, ihat any conflict betweer� �h� texYns of this CQmznunity Faezlities Agxeement and ihe Policy sha.11 be resaJ�ved in favax af thi.s Agreemez�t. Developer shall provide financiai security in confoz�.ance with paragraph 6, Section a, of �he Policy. The Develaper sha11 a�vard all contracis far the eo�struction of community facilit�es in accordance w-ith Section II, paragraph 7 of the Policy. The conirac�s for the constz-uction a�' the public infrast�uctur� shall be admia�zs�ered in Ganform.ance with paragraph 8, Sectian TT, nf t,�P p�1� � �,� ����r,�' �. � CFA VTCTORY ART� 1 "°'��� • �' 0 F. The Develaper fiarth�r cove�ants axid agrees to, and by these presents daes her�hy, £t�]ly indemniFy, k�old harmless and de£eaxd th� Czty, it� officexs, agents and emgloyees fram all suits, ac�ions or claims of any cha�ract�r, whet�er real or asserted, brought for or on account of any injuries or ' damages sustained b� any perso�.s (including death) ar to any praperty, resulting from or in cannaci�on wzth the cansi�-uction, desi�, per�'ormance � or com�letit�n of any work to be per£oz�rza.ed by said De�veloper, his contxactors, subcanira.ctors, afficers, age�fis ar employees, or ir� consequenc� o�any fai�u.re to propexly safeguard the vcraxk, or on account of any act, intentional or otherwi�se, negf�ct or miscanduct o� said DEVELOPER, his CO71��.C�DTS, sub-contractors, o�tcers, agents or employees, whether a� r�at such iniuries, death o� dama,�es are caused, in whole or i� �art, bv t�ie alle�ed ne,�Ii�erxce of the Citv o�Fort �Worth, i�s officers, servants. o� e.mDloVses G. Developez shall install ar adjust a�l o£ the r�quixed utilihea to sezve the developmeni or ia construcfi the improvements required hexein. H. Tn the e�eni that City partica.pation exceads $25,400, Developer agxees that no street consin�ction ar storm drainage will begin p�'iox to City Councii approval of �as Community Facilities Agreement. (Article 1,04.Z00, Ordzna�ce 7234). . - I. Deve�oper agrees that zao lot shall be occupied under a cexti.ficate of occupax�cy uniil the impxovament� required�herein have bean canstzucied {A.rticle 1Q4.1Q0, Ordinance 7234). J. Developer here�y releases and agxees to indemni�y and �old fih.e City harmless �or �a.y inadequacies in the prelimix�axy plans, specificatians and � co�t estimates supplied by the De�veloper for thi5 contract. K_ ' Develaper agrees to �xovi.de, ai its expense, all nec�ssaary rights of way and easemerzts across properiy owned hy Dav�lopex rec�uired to construct ' cuxrent and fittur�; impravements provided. for in ihis agreeme�at. L. Developer agrees io const-ruct p�raposed izxzprovements as shown on �he e�hibits attached he�eto. The following exhibits aze made a part h��eo�: ____ i �� , CFA VIC�'ORY ARTS 2 � �`'�� �' '.����� ���, ���r����, ���, � 0 Water (A) Non�; �ewer (A-1) None; Paving (B} atxached; Storm Dxain . {B-1} none, Sfreet Lxghts and�Sign.s (C) attached. - - II. Street an.d Storm Dzain Facilihies � . A. � The Develaper(s) agiree to install or to cause to have installed, the street, storm draanage, s�reet Iigh�.zig, streat name sagn and other communiiy facili�ies izx�provements shown as "culrent improvements" on the afitached Exhibzt B. B. As shawxz below zn the "Suaz�.mary o� Cosi fo� S�reet and ,�tonn Drain Facilities", the Develaper sha1l fund its share of "cuxrent irnprovements" and �hall pay to the City for its'share af fhe cost of street, s�orm dra:�nage, streei lighting, �treet naane szgns as shovsrn on the atfached Exhibzt B. The esiimated total cost of currEnt i�aprovernents and r�lated suppart sexvices specified i�z� ihis agxeement, i�.cluding des�g,�, construction and inspection is �estimate�. to $52,Oa0.00. Remo�e and Replace 541 Iinear feet o�cuxb and gutter ' Remove anc� r�place�concrete driveways �s Consintct 6-foot sidewalk along West Shaw Street IConstn�.ct 10-foot sidewalk to right-o� way Total G�ty Participa�ion '�- $16,OOO.QO $ 8,004.00 $16,400.00 $12,�00.00 $52,OOO.QO CFA VICTORY ARTS 3 � ° ���r�C��D �v-^�U u ��� ' � ; . � �� IN TESTTMONY W�IEREOF, the City of Fort Worth has caused t�is i�strtiment io �e �- � executed in quadn�.plicate in its narne and on its behalf by iis Assistant� City Manager, attested by its City Secretary, wiih the co�poraie seal �f �he City affixed, an� said Developex - has �ec�ted tl�is instrument in triplicate, a� Fori WorEh, Texas ilus �he � � day of �.- , 2003. Approval Recommended; ,{ - � . �, � . ` , `, __ ���i�:���� ���k�ori ���i�z� �... It /"� � � '1 , ' A s�i��-' � - .,._ �.. ���� .� _ -- ATTEST: � � t�,,�-_�:� loria Pe,aars�z� City �ecretary Traa�sportatron and Public Works Department . ! � '.. ,� � �� -� � Robert Goode, P. E. Director . City Of Fort Worth �: Manager Appzaved as to Form: , Assistant City Attorney ATTE�T: Carporate Secretary DEVELOPER Historic �.�dmark, Tx�cf ,�� - __� r _ ./ By� - — -- = '— - �r�— --� � , -, - Ray �aotl�e, President CFA VTCTORY ARTS � `� 41CLIL� U ��V .—• '' � ° �;� �� — I — — — — — — — —' — — — � __ � - _ I _ - - - _ _ _ _ � I � I �I i �I �I � l I vI � I � I I � I �I �I � I �I I �I o'� �a , f I f I l/ I �� I 1 � I 9 I � ,_ � � X � i " � l I� U �' z � � � ��� i- � 1= i� �� x,,1 _ 41 v�'- 3300 �3LOCK - H�MPHILL STfi���T REPLACE 51iaEtUALK. CIJRB � GUTTER AhlD !'ROVi�E TF#REE NEUI DREVE APPlZOACH�S TO CitY OF PORT ILORTH 5TAN�ARDS - iN !'UP�LIC RIGHt-OF-�IAY � � � � �.��������������� � PARKI�IG l'�'�`' •. `�k.� .6� ,b. Fe. /. �.b. �/ h. i6. ��� ``�! � O O O� yALOK T O LI�LDINGC' `\ O �/ O� 1/ O O O �� E O '�Lll,llllllflllllllllilllEllllllllllll I�Illlllllflf II�I1�J1�1� �. _____ __�� . : ° PARKING �� � _ _._ . ._.... ....�.._.._ ._ __ . ._ o i-� ��, 0 oa o � ;�=r--,-��� � �������� ����_._---� PARKII�G �����/�. ����������/ � /// � 53TE PLAN �i �� � . i'- : 5.p � �V a . � � �'u�GG� ti �_ 'm.__'_ I .,..,.� q"v�� . zJ � �- ? ' ��,^� � ,�y ' :v . fi � _ I iN �L1�3 iY . . . " o � I_' � J4' L�eTM1: _ _�:f f! Y � 4,� ���rx I s c� . raF y, �` _ n 7 L''-�'. $' I� f` �:-_ �,- � � } � _;�.. �'.v�xa� o ��v�-zk=_� D v�or.-0.o,,.a i IPn 3� a r� � E'_�Jr a'� d f� 3 " I � � 3 � Ilqz '�y a �7 2 � �a:K. �; : .. 9 �, Cr����� � � - ��,� � .✓ /� % % ��I� �' /J � VICTORY A�TS YEH,T�� �__ � _ �� I :„ ' 0 O IIII�IIIIIII � 0 n _ � '__ C`j ❑ +� U I \ IL I „ \% �% ��C���� � "►�'' u � g � W � ����� � ,�n� 1.4 ^.�' -:u iuj�ircl ..,..E, 8!!1 � � sE �� � g ia, m � �; � ' -' � � �� .� � . I � L m..�,�:.°'e; � L L X U � � ~ �� 2 F `� � c QC Q � O � $ w � � 1 L � LL � � T a 3 o � `� v � �� r �y = � a� m a ��� I A1. �m C`ity of Fort Wo�th, T'r.�as ��a� �r�n� ���n�al ���r�����a���� DAl"� R�FER�NCE NUMBER LOG f�[AM� PAG� �114103 ���g�Zs 20VICTORY � of 2 sus.��cT GOMMUNITY FACILITlES AGREEMENT WITH HISTORIC �.ANDMARK, INC. DIBIA ARTSPACE TEXAS, 1NC. �OR THE INSTALL.ATION OF PARKWAY IMPROVEMENTS TO BENEFIT THE VICTORYARTS CENTER LOCATED AT. 330� HEMPHfLL STREET RECOMMENDATION: It is recommended that fihe City� Council authorize the City Manager to execute a Community Fac9liti�s Agre�ment with Historic Landmark, Inc. dlbfa Ar�Spac� Texas, fnc. �or the installa#ion of parkway improvements along West Shaw Street fram Hemphill Street to Lipscomb 5treet that are raquir�d �o meef curr�nt City standards, far a fotal Ci�y participation cost of $52,000: � Remove and replace 54� lin�ar feet of curb and gutter $16,000 • Remove and replace 2 concrete driWeways ', : �f� � CQnstruct 6-foot sidewalk along W�st 5haw Street $'16,000 o Construcf � O�foot sid�walk to right--af-way ��2.aao Yotal City Participation $52,000 DISCUSSION: On May 'f4, 1996 (M&C C-�54�9}, the Gity Council approved a loan in the amount of $287,40a with His#oric Landmark, lnc. dlbla ArtSpace Texas, Inc. to assist in fhe develapment ofi a mixed-use project in the Victory Arfs Cenfier (formerly Our Lady of Victory Con�ent) lacated at 3300 Hempi�ill St�eet. Funding for th� loan came �rom tF�� City's federal Hame lnvestment Partnerships (HOME) program fo be paid in five years. The s�ace is being marketed as an artist community, but not exclusi��ly_ Rents are anticipafied to range fram $530 to $1,800 a month. As a condition for C�fiy fundir�g, eight of the apartments will be set aside for law to moderate-income residents, and will r�nt for about 55 cents a square foot. �n February 15, 200a (M&C C-1786a), the Ci�y Counci[ approved an amendm�nf of th� contract to e�end the foan ierm from 5 years to 15 years. � On December 19, 2pD0, t�e Cify Council adopfed a reso{utior� authoriz9ng the issuance af $45 million in Gertifiicates of Qbligation fo address critical projects which inc[udec[ $2,5 million in de�elopmen# funds to supplement t�e 1998 Capifa� Improvement Program new de�elopment funds. T�is project will include reconstruction of curb and gufter and sidewalks to City standard�. It will impro�e pedestrian and vehicular safety. This development is located. in COUNCIL DISTRICT 9.