HomeMy WebLinkAboutContract 27184CIiY ���R�TA�tY - - ,
�ON�'�ACi N� . __ �1 _ � �
STATE QF TEXAS §
COUNTY OF TARR.ANT §
THIS contract is made and entered into by and between the City of Fort Worth, acting by and
througk Joe Paniagua, its duly authorized Assistant City Manager, and Green Bridge Development
Corporation {"Contracto:r"), a Texas nonprofit corporation, acti�ttg by and through Ginger Brown
McGuire, its duly authorized President. Contractor's business address is 63Q1 Gasto� Ave. #620,
Dallas, Texas 75214.
WHEREAS, the City of Fort Worth has funding available through the Rental Rehabilitation Program
(RRP}, and
Wf�REAS, the primary purpose of tlus Program is to beneiit low and mnderate inco�e citizens of
Fart Worth;
WHEREAS, Green Bridge Development Corporation is an eligible �ousing developrnent entity
which has among i�s purposes the provision o�affordable housin� to assist persons of low and modera#e
income; and,
WHEREAS, the citiz�ns of Fort Worth, the Cammunity Development Council, Safety and
Community Develapment Committee and the City Counci� af Fort Worth have determined that
development of student housing an land owned tay Texas Wesleyan Univ�rsity is needed to revitalize th�
Wesleyan/Polytechnic Heights neighborhood in Fort Worth;
NOW, THEREFORE, THIS AGREEMENT FURTHER WITNES�ETH:
THAT, the parties covenant and agree as fallows:
�. Duration /Scope of Services
a. Cantractor will use R�ntal Rehaili#ation Program Income (RRPi} �unds to undertake the
following pre-development activities in support af the construction of student housing on University-
own.ed land. Th� contract begins on the date of execution and fermiu�ates twelve {12} manths after
execution af the cantrac#. The contract may be extended for an additional {12} months. Contractor
shall r�que�t the extensian in writing and submit the request to the City sixty (60) days priar to the
end of the contract. The City may then approve the extension of the contract for the additional
twelve {].2} month period. Tt is specifically understood #hat it is the City's sale discretion whether to
approve or deny t�e rec�uest.
b. Program is intended to provide £und�ng for the fo�owing housing development activities:
o Create an overall project sch�dule
• Create interest among possible builders and lenders/investars
� Visit sifes af other utaiversities
o Report on alternative deal str�ctures
� Se�ect preferred structure � ----� "`— - � . �
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� Prepare market study
• Prepare a preliminary Site Plan
� Prepare a RFQ for develapment Tea�n
� Select development Team
• Structure nonproiit far Wesleya�
b. Contractor will pravide the services and acti�ities delineated in Exhibit A-Program Summary and
in accordance with Exhibit B-Program Schedule as it pertains to the Student Housing Development
for Te�as Wesleyan Univers�ty.
c. Contractor agrees to meet the abjective of activities benefiting low and moderate incame
individuals; and to maintain full documentation �upporting fixlfillment ofthis objective in its files.
d. City will monitor the perFormance of the Contract�r against the goals and performa.nce standaxds
of this Agreement. if actian to correct any substandard performance is not taken by Contractor
within a reasanable period of time after being notifi�d in writing by City, con�ract suspensian or
termination pracedures will be initiated.
�. Compensation and Method o_f'Paymerit
a. The funding for Chis Contract will be tha Rental Rehabilitation Program Income (RRPI), wilich
may be used by the City for any housing-related e�igible activity. Ci�y will disburse t�e RRPz £unds in
an amount not to exceed Fifty T�ousand and No/100 Dollars ($SO,OD0.00} direc�ly to Contractor
upan receipt of invoices or other appropriate documentation oi expenses re�ating to the pre-
development casts delineated in Exhibit A.
b. Contrac�or will �submit monthly financial documents: Aitachment I-Detail Statement of Casts,
and Atiachment II-Expenditures Warksh��t Report for payment o� eligible expenses made against
the line item bu.dget sp�cified in E�ibit C-Program Operating Budget and in accordance with
performance specified in Exhibit B�Pro�ram Schedule.
c. Contractor agrees to utilize all disbursed funds for t.�e benefit of the Program, Contractor agrees
that funds will be expended in accordance with the Pragram Operating Budget. Contractor may not
increase or decrease line-item amounts in the approved Program Operating Budget without prior
written approval by the City.
d. Cantractor will not commingle RRPI monies with any other funds in any man�ner wlnich would
prevent City fram readily identifying program expenditures fox operation of the Program.
3. Uniforrn Administrative Requirements r�nd Progrccm Management Stand�rrfs �
a. Financial Managemen�
i. Accounting Standards
The Contractor agrees to cflmply with 24 CFR Part 84 and agrees io adhere to the accounting
principles anci procedures required therein, utilize adequate internal controls, and maintain
necessary source docum�;ntation £ar all costs inc�rred,
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ii. Cost Principles
Cantractor shall administer the Prflgram in conf�rmance with OMB Circular A 122, "Cast
Principles far Non-Profit Organizations'° and attacl�ments and r��isions thereto, regarding
principles for determining costs far the Program.
b. Documentation and Recard K�eping
i. Requirement
Contractor shall maintain all records pertinent to the activities to be funded under ttus Agreement
required by H[JD regulations specified in 24 CFR Subpart 570.SD6, 2� CFR 92 Subpart K and
24 CFR 511 Subpart H. In addition, Contractor agrees ta keep records to fvlly document all
expenditures charged to RRPI. The dacumentation m�st s�apport th� amounts charged to
Pragram and demonstrate that the expenditures w�rs apprapriate to the stated goals o� the
Program and allav►�able under applicable fed�ral, state and Cxty guideli�nes. Such records shail
inc�ude but not be limited to:
� Records providing a full description of each activity;
� Records d�monstrating tha� each activity under�ak�n meets one of the follawi�.g abjectives
1) benefit low/moderate incom� persons, 2) aid in the preventian of slums or blight, 3}
meet community de�elopment needs having a particular urgency-as d�fined in 24 CFR Part
570.208.
� Records required to document the acguisition, improvement, use or dispositian of reai
property acquired or improved with RRP� assistance. Contractor shall maintain real
property in�entory records which cleari�+ identify properties purchased, improved or sold.
Properties retained shall continue to meei eligibility criteria and shall conform with the
"changes in use" restrictions specified in 24 CFR Part 570.503 ( b}( S};
ii. Ret�ntion
(1) AII Tec�z'ds per�aining to Program shall be retain�d for five {5) years following the date of
terminatian of this contract. Contractor may destroy Program recorrds at the end of this five (5)
yeax period if no outstanding audif finding e�sts.
iii. Close Outs
The Contractor's abligation to City shall not end until all close-out requirements are completed.
Acti�ities daring this close-out period shaU. include, but are nat limited to; making fsnal payments,
disposing of prngram asseis (including the return of all unused materials, equipment, unspent
cash advauces; pragram incame balances, and accounts receivable ta City), and determining the
custodianship ot'r�cords.
i�. Audits and Inspections
(1) City shall have access ta a�y books, documents, records and papers relating to the
operations of Contractar under this Agreement for the purpose of audit, examination, �xception
and transcription at all reasonable hours at all offices of Contractor.
(2} City reserves the right ta perform an audit of Contractor's program operations and finances
at any tisne during the term af ttus contract, if City determines that such aud�t is necessary for
City's compliance with OMB Circular A 128. Contractor agrees to allow access to all gertinent
materials. If such audit r�vaals a questioned practice or expenditure, such questions must be
a
resolv�d within fifteen (15) days after natice to Contractor. If questions are not resolved within
tlus period, City reserves the right to withho�d �further funding under this and/or future
contract(s).
{3) If as a result of any audit it is determined that Contractor laas misused, misappiied or
misappr�priated all ar any part of the gran� funds deseribed herein, Contraciar agrees to
reimburse the Gity the amount of such manies so misused, misappiied or misappropriated, plus
the amount of any sanction, penalty or other charge levied against City because of such misuse,
misapplication or misappropriation.
4. Reporting Procedure�
a. Progress Reports
i. Contractar will submit monthly Attachmenis III and IV- Monthly Narra�ive Reports ta City
%r services and activities undertaken by �ontractor in performance of this contraci. The report
wi�l be signed by a duly authorized agent of Cantractar and submitted by the 15�'` of the month
follovving �the month which is reported.
b. Pracurement
i. �tandards
The Contractor shall procure all materials, praperty, or services in accordance with the
requirements of 24 CFR 5ubpart 84, cavering �tilization and disposal of property,
ii, Relocatian, Acquisition and Displacement
The Contractor shall compiy with the standards enunciated in RRP 24 CFR 511.14 relating #o the
acquisition and dispasi�ion of all real property, and ta the displacement of persons, businesses,
nonprofst orgatuzations and farms accurring as a direct result af any acquisitian of real praperty.
The Contractor shall comply with applzcable Cit� Ordiiaaances, Resolutions, and Policies
concerning displacement of individuafs from their residences.
S. Reversian af Assets
All properry purchased with funds under this contract will be used solely far operation af the
Program. Title to such praperty wil� be vested with the Contractor, and, at the termination of th�
Program for which funds have been receiv�d, Contractar will d�liv�r aIl such property to City far
disposition at City'S sole discretian.
6. Applicr�ble Laws
a. Federal
Contracior agrees to comply with the following laws and the regulations issued �hereundar as they
are currently written or are hereafter amended during performance nfthis contract:
• Title VI afthe �ivil Rights Act af 1964 (42 USC 2000d et seq}
� Title VIII of the Civil Rights Act of 1968 (42 U5C 3601 et seq)
� Ex�cutive Orders 11063, 11246, as amended by 11375 and as supplemented by
Depar�ment afLabor ragulations {41 CFR , Part b0}
� The Age Discrimi.nation in Employment Act of 1973 {29 USC 794)
• Section 504 of the Rehabilitation Act of 1973 (29 LISC 794)
� The Immigration Re£arm and Control Act of 1986 (Pub. L. 99-603, 10Q Stat. 3359 , as
amended), specifically including the provisions requiring employer v�rification of the legal
status of its employees
• Th.e Americans with Disabilities Act of 1990 (42 USC 12101 et. seq.)
� Clean Air Act, {42 USC 1857 et seq.)
� Federal Water Pollution Control Act, as amended 33 U.S.C. 1251, et. sey., as amended 1318
relating to inspection, monitoring, entry, reports, and information, as well as other
requiraments spec�fied in said Sectian 114 and Sectian 308, and alI regulations and g�idelines
issued thereunder
� Environm�ntal Protection Agency (EPA) regulations pursuant to 40 CFR, Part S0, as
am�nded
� National Environmental Policy Act of 1969.
h. Contractor, in the operation of its Program, will comply wi�h aL� a�plicable laws and regulations
concerning lead-based paint, iricludir►g but noi limited to 24 CFR 3 S and wilI require any
subcontractors likewise to comply.
c. Contractor covenants ta abide by the following;
(i} That, to the greatest extent feasible, appartunities for training and employment be given to
lavver income residents af th� project ar�a, and
(ii) That, to the grea�test e�ent %asible, contracts for work in connection with the praject be
awardEd io business concerns which are located in or owned ;�t� subs�antial part by persons
residing in the area ofthe praject.
d. Other Laws
Contractor covenants and agrees that its officers, mernbers, agents, . emp�oyees, program
participants and subcontractors shall abide by and comply with alI other laws, federal, state and loca�,
relevant to �he per%rmance af this eontract, including all ordinances, rules and regulations of �he
City of �'ort Worth. It is agreed and understc�od that, if City ca11s the attentian of Contractor to any
such violation on the part af Contractor or any of its officers, members, agents, employees, program
participants or subcon�ractors, then Contractor shall immed�ately d�sist from and correct such
vio3ation.
7 Nondiscrimination
a. Contractor, ir� the execution, performanc� or attempted performance of this contract and
agreement, will not unlawFully discriminate against any person or persons because o£ sex, race,
religion, age, disabili�y, color or national or'sgin, nor will Contractor permit its officers, members,
agents, employees, subcontractors or program participants to engage in such discrimination.
b. Iri accardance with the policy of the Executive Branch af the fed�ral governmeni, Contractor
covenants that naither it nor an.y oF its offcers, members, agents, employees, program participants or
s
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subcontractors, while engaged in pe�rforming this contract, sha13, in connection with the employmen�,
aci�ancement or discttarg� of emplayees or in connection with the terms, conditions or privileges af
their emplayment, discriminate aga.inst persons because o� their age except on the basis of bona, fide
occupational qualiftcation, retirement pla.n or statutory requirement,
c. Contractor further coven.ants that neither it nor its afficers, mesnbers, agents, emploqees,
subcontractors, program participants, or persons acting on their behalf, �ha11 specify, in solicitations
or adve:�isements for employees to work on this cantract, a maximum age limit for such employmeni
unless the specifed maximum age limit is based upon a bona fid� occupatianal qualification,
retirement p�an or statutory requUemeni.
c�. In accordance with fhe provisions of the Americans With Disabilities Act of 1990 ("ADA"),
Contractor warrants that it and any and all of its suhcantractors will not utZlawfully ciiscriminate on
the basis of disability in the provision of services to the general pub�i�, nar in the availability, terms
andlor conditions of employment #'or applicants fflr emplayment with Contractor, ar employees of
Contractor ar any of its subcontractars. Contractor wanants it will fully comply with .E�DA's
provisions and any other applicable federal, state and locaj laws concerning disability and will defend,
indemnify and hoid City harmless against any claims or allegations asserted by tturd parties or
subeontractors against City a:rising out of Contractor's and/or its subcontractors' alleged failure to
compiy with the abave-referenced laws concerning disabi�ity discrimination in the perFarmance of
this agreement.
e. This agreement is made and entered into with reference specifically to the ardinances codified at
Chapter I7, Article III, Division 3("Discrimination in Employment Practices'"), of the City Code of
the City o£ Fart Worth, and Contractor hereby co�enants and agrees that Cantractor, its of�cers,
members, agents, employees and subcontractors, have fully complied wi�h all provisians of same and
that na employee, employee-applicant or program participant has been discriminated against by the
terms of such ordinances by either the Contractor or its offcers, members, agents, employees ar
subcontrac�ors.
8. Prohibition Agai�st Interest
�. No member, officer or employee of City or i�s designees or agents; no member of the governing
body of the locaiity in whsch the Prograrri is situated; and no other public o�ciai of s�ach lacality or
localities, who exercises any functians or responsibilities with respect to the Program funded
hereunder during his or her tenure or for one year thereafter, sha,ll have any in#erest, dir�ct or
indirect, in any cantract or subcontract, or the proeeeds thereof, %r wark to be petformed
hereunder. Contractor shall incorporate, or cause to be incorporated, lik� language prohibiting �uch
int�rest in all contracts and subcontracts hereund�r.
b. No member, officer, emplayee, or program paxticipan� of Contractor ar its subcontractors shall
have a f�nancial interest, direct or indirect, in this contract or tiae manies transferred hereunder or be
financially interes#ed, directly or indirectly, in the sale to Contractor of any land, materials, supplies
or services purchased with an� fiunds transferred hereunder, except on bel�alf of Contractor, as an
offcer, ernployee, member or program participant, Any willful violation of this paragraph with the
knowledge, expressed or implied, of Contractor or its subcontractors sY�all render ��s con#ract
:�
voidable by the City of Fort Worth.
9. Manority a�d Wornen Business Enterprise ComPnitrnent
Cantractor agrees to abide by the City of Fort Worth's policy to in�oive minority and v�romen
business enterprises (MVVBEs) in all phases its pracurement practices and to provide them an equa!
apportunity to compete for contracts for construction, provision of pro£essional services, purchase of
equipment and supplies and pravision of other services requir�d by City. Therefore, Cantractor
agrees to incarparate City Qrdinance No. 11923, and all amendments or successor policies thereto,
into all contracts and will furkher rec�uire all persons or entities with whom it contracts to comply
with said Policy.
10. Non�Assignment
Contracior will not assign any or all of iis �ights or responsibiliti�s under t�is contract without the
prior written approval af City. .Any purported assignment without �uch approval will be a br�ach of
this con#ract and void in all respects.
T 1. Inde�endent Contractor
a. Coniractor shall operate hereunder as an independent contractar and not as an officer, agent,
servant ar employee of City. Contractor shall have exclusive control of, and the exclusive right to
contrd, the details of the work and services petfarmed h.ereunder, and all persons perForming same,
�.nd shall be solely responsible £or the �.cts and omissions of its officers, members, agents, servants,
employees, subcontractars, program participants, license�s ar invitee. The doctrine o� respondeat
superior shall not apply as between City and Contractor, its Qfficers, members, agents, aervants,
emplayees, subcontractors, program participants, licensees or invitee, and nothing herein shall be
construed as creating a partnership or joint enterprise between City and Contractar. It is expressly
understood and agreed �hat no afficer, member, agent, employee, subcontractor, licensee or invitee
of the Contractor, nor any prvgram participant hereunder, is in the paid service af City and f�at City
does not ha�� the legal righf to cantrol the details of the tasks performed hereunder by Contractoz',
its afficers, memhers, agents, employees, subcontractors, program par#ieipants, licensees or in�it�es.
b. City sha11 in na way nor under any circumstances be responsible for any property belonging to
Contractor, its officers, members, agents, employees, subcontractors, program participants, licensees
or inviteea, which may be lost, stalen, destrayed or in any way damaged; and Contractor hereby
ind�mnif�es and holds harmless City and its officers, agents, and cmployees fram and against any and
all c�aims or suits,
1 Z. Intlemnification, Hold �armless and D�.fense Agreement
a. Contractar cavenants and agrees to indemnify, hold harmless and defend, at its own expense, City
and its officers, agents, servants �nd employees from and against any and all claims or suits for
property loss or damage and/or personal injury, including death, to any an� all persons, of
whatsoever kind or character, whefher real or asserted, arising out of or in connection with. the
execution, performanc�, attempted petfomtance or nonperFormance flf this contract and agreement
�
andlor the operations, activities and s�rvices of the Program described herein, wl�ether ar not caused,
in whole or in part, by alleged negligence of officers, agents, servants, employees, contractors ar
subcontractors of City; and Contractor hereby assumes all liability and respansibility of City and its
office�-s, agents, servants, and employees for any and all claims or suits for property lass or damage
andlor personal injury, including death, to any and all persons, o� whatsoever kinds or character,
wk�ether real ar asse�ted, arising out of or in cannectinn with the exeeution, performance, attempted
performance or non-per£ormance of this contract and agreement and/or the operations, acti�ities and
services of the programs described herein, whether or not caused in vcrhQle or in part, by alleged
negligence of officers, agents, servants, employees, contractors or subcontractors oi City.
Contractor likewise covenants and agrees to and does hereby indemnify and ho3d harmless City from
a.nd against any and all injury, damage or destructiar� of property of City, arising out or in connec�ion
with all acts or omissions of Confractor, its officers, members, agents, employees, subcontractors,
invitees, licensees, or program participants, or caused, in whol� or in part, by aileged negligence of
oi�icers, agents, sarvants, emgloyees, contractors or subcontractors o�City.
14. Insura�ace r�nrl Bandir�g
Contrac�or sha11 furnish a eerti�icate of insurance as proo£ that it has secured and paid for
po�icies of public Iiability and automabile liability it�surance covering all risks incident io or in
cannection with the e�ecution, �erFarmance, atternpted performance or non�et`formance of tl�us contract
a�d agreement.
The amaunts of such insurance shall not be less than the maximum liability which can be
imposed on City under the laws ofthe State of Texas. At present, such amounts sha11 be as follows:
a. Commercial G�eneral Liability Insurance Policy
$50Q,000 each occurrence
$1,000,000 aggregate limit
b. Autamobile Liability Insurance Policy
$1,Oa0,000 each accident on a combined single limit basis, or
$250,OD0 Property Damage
$500,000 Bodily Injury per person per occurrence
$2,000,000 A,ggregate
c. Warkers' Compensation Insurance Policy
Statu�ory Limits
Employer's �iability
$100,000 each accident/accunence
$100,000 disease - p�r employee
$5fl0,D40 disease - policy limit
d. Additional Insurance Requirements:
• Contractor shall furnish to City a certificate or certifcates o£ insurance dacumenting all
insurance coverages rec�uired herein within thirty (30) days of execution of this contract and
prior to payment of any monies hereunder. Tnsurance documentation shall at all times in the
�
caurse of this agreement reflect current insura.nce coverages. At�y failure on part of City to
request such documentation shall not be consirued as a�aiver of any insurance
r�equirements specified herein.
• Contractor und�rstands and agrees that its limit of legal liab�lity may nflt necessarily be
limited to the lim�ts and lines of insurance coverag�s specified by City and required herein.
� Contractor understands and agrees that insurance coverages spec�ed �erein may be re�ised
at the City's option and in the event such are revised upward, Contractflr shall revise its
insurance and provide City documentation thereof within thirty (30} days following �.otice to
Contractor af such requirements.
• City shall be endorsed as additianal insured on Cantractor's insurance policies.
� Cantractar's insurance policies shall each be endorsed with a waiver of subrogation in favor
of the City.
� Insurers a£ Contractar's policies mus� be acceptable to the City in terms of financial streng�h
and solvency. They shall be licensed or atherwise autharized to do business in t�e �tate of
Tex�s, as deemed by the Texas Depa.rtment o�Insurance.
1 �'. Wuiver vf Immunify
If Cotrtractor, as a charitable ar nonprofit arganization, has or claims an immunity or exemption
{statutory or othervaise) from and against liability for damages or injury, including death, to persons
or property; Contractor hereby expressly waives its rights to plead d�fenSively such irrununity or
exemption as against City. This section shall nat be construed to affect a governmental entity's
immunities under constitutional, statutory or cammon law.
1 b. Termination
a. City may terminate this contract whenever such termi�ation is determined to b� in the best int�rest
of City, in event of Cantractor's default, inability or failure to per£orm or to camply with any a� the
texms herein, or for other good cause.
b. The parties acknowledge that iunds paid hereunder are iut�tended to provide only partial funding
for Contractor's pragram operatians, If ather funds included in the Op�rating Budget are not
forthcoming to C�ntractar during fhe cantract term, City may terminate this cantract.
c. T�rmination wilZ be effected by written notice to Contractor, specifying the portions of t1�e
contract affected and �he effective date of termination. Upon Contractar's receipt of such
ternunation notice, Contractor will:
��top wark under the contract an the date arid to the extent specified by City;
• Cease expenditures of Federal monies, except as necessary £'or completion o£ the portions a£ t'�e
contract not terminated; and
� Terminate aIl orders and contracts to the extent t�at �hey relate to terntinated portions of the
contract.
e. Contractar will return to City any unused monies previous�y advanced by City under tlus cantract
within thirty (30) days oitha effective date of contract termination. Cify will have no respansibility
or liability for Contractc�r's expenditures or aciions occurring after the effective date of contract
termination.
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18. Miscellaneous Pr°ovisians
a. All term� of this caz�tcact shall apply to any and a�� sut�cantractors of Contractor who ara �in any
way paid with Federal funds or who perform any work in connection with Contractar's �rogram.
b. The provisions of this agreement are severable, and, if for any reason a clause, sent�nce,
paragraph or other part of this agreement sha�l b� deternvned to be invalid by a court or federal or
st�te agency, board or commission having jurisdiction over the subject matter thereo% such invalidity
shall not affect other provisions which can be given effecfi without the invalid pravision.
c. The failure of the C�ty to insist upan the perFarmance af any #erm or provision of this agreement
or to ex�rcise any right herein c�riferred shall nat be construed as a waiver or relinquishment ta any
e�tent of City's right ta assert or rely upon any suc� term or right on any future occasion.
d. Should any ac#ion, whether real or asserted, at law or i�n equity, arise aut o£ the execufion,
performance, attempted perFormance ar nonper%rmance of this contract and agreement, venue for
said action shall lie in Tarrant Caunty, Texas.
e, Tkus written iristrument and the exhibits attached hereto, which are incorporated by reference and
made a part of this contract for all purpases, constitute the entire agreement between the parties
hereto concerning the work and service� to be performed hereunder, and any prior or
contemporaneous, oral or writien agreement which purports ta vary from the terms hereof shail be
void. Any amendments to the terms of this cantracfi must be in writing and must be approved by
each pariy to this contract.
IN WITNESS W��REOF, the parties �ereta have executed four copies of this contract in Fart
Worth, Tarrant County, Texas, this ��- day o£ _ � � - _ �,i _ ' , 2001.
CITY OF FORT
:
Joe
APPXtOVED AS TO F�7RM AND LEGALITY:
1 •_
_' � l J . �' �' � .
Asst. �f.y Attorney �
'�ES'T: `�
� ' r ,,
� �_..d�C..�lh�.fi. � _- � .�{
Ci�y Secretary '
GREEI� SRIDGE DEVELOPIVIENT CORPORAI'�O.li�
�
By: � �J�7� , �[-�.
(iinger own McGuire
President
.� ; � ,
.? . -',..�
Contxact Ru�horiza�ion
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STATE OF TEXAS
COUNTY OF TARRAN T
0
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BEFORE ME, the undersigned authority, a Notary pub�ic in and for the State o� Texas, on this day
personally appeared Jo� Paniagua, known to me to be the person whose name is subscribed to the
faregoing instrument, and acicnowledged to me that the same was the aat of Fort Worth Housing
Finance Corporation and that he executed the same as the act o£ said Fort Worth Housing Finance
Corparation £or the purpases an� consideration therein e�pressed and in the capacity therein stated.
GNEN UNDER MY HAND AND SEAL, OF OFFICE this ��� day of �it-%i�. ,2001.
�
o��Y A� R45�LLA BARNES
�r'' �� NorsRY pustic
� st�tB oi r�Xa�
���",����"'�� Comm, Exp. 03-31-2�05
��°�.� - - � .- ,� . .
� 11 I �I �� � i i, 11 �i ��, i� � .,
STATE OF TEXAS
c�. 1a.5
COUNTY O
���.. .��'�.�-
Nofary Public in and £or
the State of Texas
BEFORE ME, the u�dersigned authority, a Notary Public in and for tt�e State of Texas, on this day
personally appeared Giriger Brawn McGuire, known to me to be t�e person whose name is subscribed
to the foregoing instrument, and acknowledg�d to me that s4�e execut�d th� same for the purposes and
consideration: therein expressed, as the act and deed for Green Bridge Development Corporatian and in
the capacity therein stated a5 its duly authar�zed offscer or representative.
GNEN UNDER MY HAND AND SEAL OF OFk'ICE tkus
p�p�Y P(/B ....� LlSR O' �B I��
z �' NOl'ARY PUBLIC
'� � � $TATEOFTEXAS
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�''�a�K�'r iNy Comm. �x�. 10-15-03
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��i`�1 ,2001.
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Notary�. Publie in and for
#he State of Texas
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EXHIBIT A
PROGRAI� �UlVI1V�ARY
0
�Ro��,n� �'i���
C�t��N ��I�C� ��V�L,O�ii��IV'i CO�tPORRiI�N
Personal Ser�ices (5uppo�t Funds}
Supplies
Contractual 5er�ices (Closing Cost / Downpayment Assistance Funds)
Capital Outlay
TOiAL
��SCRI��ION:
2D41 HOME-CWDO
$50,000.00
$Q.QO
$fl.00
�a.00
$50, OOQ.00
Green Bridge de�elopment Corporation will provide prede�elopment activities in support of the
construction of student housing on land owned by Texas Wesleyan Universi#y.
�ROG�Al1A Q�J�C�IV�S:
�repare a prede�elopment plan for the construction of 20D or more student housing units an campus
PROGRAM IIAf�ASUf�1�S;
At the end of the pragram, Green Bridge Deveopment Corporakion will previde to the City the fallowing:
An overall �roject schedule for the construckion af stude�t housing
Create interest amount possible builders and lenders/inrrestors
Visit sites of other univiersities
Report on alternative deal structures
Select a preferr�d structure
Assess financial feasibifity
Perform a market study
Prepare a preliminary site plan
RFQ for development team
Select a de�elopment team
Structure nonprofit for TWU
Exhibit B
Oct.�Nov.
�erall
project
schedulc
Visit sites
Hire
l�arket
Study
I Contractor
PROGR.e�1�Y SCHEDULE
Dec.�Jan. Februa�y PViarch Ap�
Plannin� Design � Creatc Site
Student interest Control
Housing amang and Site
Pro3ect builde�s and PIan
lenders
Begin to
identify
nonprofit
activities
far
Wesleyau
Pro,�ect
Feasibility
Project
�inancial
str�cture
Ar�hftectural
Draw7ings
Structure
Ii�onpro�it
for IR�
IR
aQplicaiian
Product Schedu�e
�.
2.
3.
4.
�.
t.
.1
1V�ar�et
Study
completed
Niarl�et �tudy
Pro,�ect Feasibility Assessment
Finaacial Structure
RFQ far Deveiopment Team
Development Team Selection
1�Tanpro�it applic�tion to IRS
��, i��an ua��4�. �j��va�►.cn.5
RFQ €or
Development
Te�m
February ��, �04�
1lRarch 30, �00�
1VYarch 30, �Q02
11'iarch �0, �0��
�r�y 30, Zao2
l�iay 1�, 200�
1��r i L 30, �o o�-.
1VIay
Selcet
Development
Tcam
l�onprofit
application
to IRS
Exhibit C
BUDGE'i' FO�t WESLEY�f �TUDE�TT' HOUSII�G
1Vlarl�et St�dy
Site Control
Feasibility ass�ssmen#s
�O1(c)(3) issues
Travel
Financial Analysis
A�°chitectural Desi�n
Estimat�d Distribution
�14,000
$2,4D0
$�S,OQO
$1�,OQ0
��,oao
$�,oao
,S10,OOa
566,40Q
Green Bridge Development Corporation 514,000
E � G Group ��3,Op0
(Edmondson and Cur.r�n)
A�rchi#ec# �1Q,000
Legal fees �10,Q00
l�atch Time T'I�VU ($�,404)
Travei $3,000
�6G,�U0
$�O,Q04 Grant
Contractar (E �a G Group op ather�)
Cantractar (E & G Group)
Architect
�reen Bridge
Legal fees
Travel
s�,aoa
$1$,000
$7,500
��,aoo
�1Q,OQ0
:61.�OQ
�SQ,000
1Vlarket Stndy
FeasibiGty &z Structure
Drawin�s �c Site Plan
Feasibility �Ra Plannin�
501�c}(3) issu�es
Travel and e�pense
�'it�y af �orr� Y�ori�, Te��xs
� +t�� �11i� �i`I�'1�'I` ��i1r1M11�111�A�1�1�
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DA7E REF'ERENC� NUMB�R i.OG NAME PAGE
1012101 �-� 8��� � - 05GREEN � 2 af 2
� sus��cT ADOPTION OF APPROPRIATION ORDINANCE AND EXEGUTION UF A CONTRACT
WITH GREEN BRIDGE DEVEL�PMENT CORPORATION ��R THE PRE-
DEVELOPME�J7 OF A NEW� TEXAS 1NESLEYAN UNIVERSfTY STUDEI�T H�USlNG
� FACILI'1"1( - - - -- - - - -
The PHEC residents formed the EI Paly Neighborhood Association. The Poly Partners, Polycechnic
�mpor+verment Association, Neighborhood Housing 5ervices and other organizations have sponsored
several e�ents. These in�lude housing fairs, health fairs, and etnnic cel�brations.
Tf�e addition of new s#udent hvusing will airectly contribute to the revitalization of the area econamically i
and aes#he�ically.
IOn September 11, 2�OD1, #he above pro�osa] was endorsed by the Safety and Community Development �
I, Committee fo� City Council approval.
I
T�is project is located in COUNC�L �lSTRICT 8.
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FiSCA�. IN�ORMATfQN7CERTIFICATI4N,: �
The Finance Direcfor certifies that upon approval of tYte abave recommendatians and adoption of the
attached appropriatian ordinance, funds will t�� available in the current operating budget, as �
appropriated, of the Rentai RehabiHtation Program Fund.
JP:k
Su6mitted [or City Manager's
Oftice by:
Joe Paniagua
priginating DeparEment H�ad:
derQme �Walker
FUND
J (to}
9 j GR92
6140 2) GR92
2) GF292
7537 �(fram)
3} GR92
Additioba] Information Cont�ct:
Jerome Walkcr 7537 � .
i ACCOTJf+tT ' CENTER � AMUUNT � CITY SECRETARY
441112 OQ52Q6078Q�U $50,dQQ.OQ �������� •
44'I'112 005206D78�00 $50,000.00 � � s, <�,r�9 ����
639920 OD524607802D $50,�OOAO � �r�� � �� ti�i
- - - , � ���� �
539920 0�520B078Q20 $50,000.00 4 V `
— �''r��, �7�"ee,�..�1
Clty 5�a�etary aq tlt�
,,.;i9y of �att V'7orEh, Z'Q�
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DATE R�F'�R�NCE Nl]MB�R f�OG NAME PAGE
1D1210� ����7fig I 05GREEN 1 af 2
SUBJECT qpOPTION OF APPROPRIATION ORDINANCE AND EX CUTi4N OF A CONTRACT
WITH GREEN BRIDGE DEVELOPMENT CORPORATION FOR THE PRE-
DEVELOPMENT OF A NEW TEXAS WESLEYAN UNIVERSITY STUDENT HOIJSING
FACILITY __ __ __
RECOMMENDATION:
li is recommended that the City Council:
1. Approve the attached appropriation ordinance increasing estimated rece�pts and appropr�ations by
$50,000 in the Renta! Rehabilitation Program Fund; and �
2. Authorize tF�e City Manager to exec�ate a eontract with Gre�n Bridge Development Corporation for
pre-�development costs for new Texas Wesleyan Ur�iversity Student Housing, not to exceed a total
of $54,000 from ti�� Rental Rehab Program Income Fund; ar�d
3. Authorize the contract pertormance per�od on the contract to begin on the da#e of execution and
�xpire twelve months ihereafter; and
�. Au#horize the �xtension or renewal of the con#ract for up to one year, if Green Bridge Development
Corporatian requests an �xtension; anc�
5. Authorize the City Manager to amend the contract, if necessary, to achie�e prajec� goals pro�ided
that fhe ame�dment is within the scope of the project and in compliance with applicable laws and
regulatians.
DISCUSSfON:
A proposal was received firom Green Bridge Developmen� Corporation {Green Bridge), working wiih
Texas Wesleyan lJni�ersity (Wesleyan}, for fundir�g in the amount of $50,000 for pre-deve�opment costs
relating ta construct9on of new student �ousing. The proposed studen� hausing is part of the
implementation of Wesleyan's Master Plan, which involves pt�ysical and curricular improvements.
Wesleyan and Green Bridge are among the City's �art�ers in de�etoping and impEementing the
redevelopment plans of bath the Poiytechnic HeightslWesleyan corridor on Rosedale Street (one of the
fve priority areas currently being studied fior deWelopment as urban villages} and the Polytechnic
Hejghts Educational Corridor (PH�C).
The City has recently completed street and sidewal� recor�struc#ion, water and sewer replacements,
and installation o� traffic con#rol and s#reet lights on two streets in the PHEC neighborhood. The rest of
th� area will be completed next year.
Other activities in tfi�e PHEC include campus de�elopmenfi by Wesleya�, ex�ansion of the athletic fields, .
other physical impro�ements in Poiytechnic High Schooi and William James Middle 5chool by fihe Fort
Worth Independent School District, new i�fill homes by Calonial 5avings, and homebuyer
assistancelhom� imp�ov�eme�t by the Housing Dep�rtment. .
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