HomeMy WebLinkAboutContract 60330-A1First Amendment to CSC 60330 1 of 3
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NO. 60330,
A MANAGEMENT AND IMPROVEMENT SERVICES AGREEMENT
Fort Worth Public Improvement District No. 14 (Trinity Bluff)
This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 60330 (
) is made and entered into by and between the CITY OF FORT WORTH (the ), a
home-rule municipal corporation organized under the laws of the State of Texas, acting by and through its
duly authorized Assistant City Manager, and DOWNTOWN FORT WORTH, INC., a nonprofit
corporation () acting behalf and through Andy Taft, its duly authorized President.
WHEREAS, the City and Contractor are parties to a Management and Improvement Services
Agreement for Fort Worth Public Improvement District No. 14, the same being City Secretary Contract
Number 60330
WHEREAS, Contractor identified a need to reallocate certain funds between budgeted line items;
WHEREAS, on April 23, 2024, the City Council adopted an ordinance approving a revised Fiscal
Year 2023-2024 budget and five-year service plan, taking into account the budgetary adjustments;
WHEREAS, the parties wish to amend the Agreement to incorporate the revised budget and five-
year service plan; and
NOW, THEREFORE, for and in consideration of the mutual covenants, promises, and agreements
contained herein, the City and Contractor do hereby covenant and agree to amend the Agreement as follows:
1.Exhibit A to the Agreement concerning the Budget and Service Plan for the District is
replaced with, and superseded by, a new Exhibit A that is attached to this First Amendment, which is
incorporated into the Agreement for all purposes.
2.All terms of this First Amendment that are capitalized but not defined have the meanings
assigned to them in the Agreement.
3.All terms and conditions of the Agreement that are not expressly amended pursuant to this
First Amendment will remain in full force and effect.
IN WITNESS WHEREOF, the undersigned have caused this First Amendment to be executed in
Fort Worth, Tarrant County, Texas.
EXECUTED in Fort Worth, Tarrant County, Texas as of the last date indicated below:
CITY OF FORT WORTH:
By:___________________________
Name: William M. Johnson
Title: Assistant City Manager
Date:__________________________
DOWNTOWN FORT WORTH, INC.,
a Texas nonprofit corporation:
By:___________________________
Name: Andy Taft
Title: President
Date:_________________________
First Amendment to CSC 60330 2 of 3
CITY OF FORT WORTH INTERNAL ROUTING PROCESS:
APPROVAL RECOMMENDED:
By:___________________________
Name: Robert Sturns
Title: Economic Development Director
APPROVED AS TO FORM AND LEGALITY:
By:___________________________
Name: Nico Arias
Title: Assistant City Attorney
Contract Authorization:
M&C: 23-0719 (September 12, 2023); 24-0328 (April
23, 2024)
Form 1295: 2023-1039270
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.
By: ___________________________
Name: Lacey M. Ruiz
Title: Senior Contract Compliance Specialist
City Secretary:
By:___________________________
Name: Jannette S. Goodall
Title: City Secretary
Exhibit
M&C Review
CITY COUNCIL AGENDA
Create New From This M&C
Page 1 of 2
Official site of the Ciry of Fort Worth, Texas
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DATE: 4/23/2024 REFERENCE NO.: **M&C 24-0328 LOG NAME:
CODE: G TYPE: CONSENT PUBLIC
HEARING:
17PID14 MIDYEAR
FY24
NO
SUBJECT: (CD 9) Adopt Ordinance Amending the Fiscal Year 2023-2024 Adopted Budget and Five-
Year Service Plan for Fort Worth Public Improvement District 14 - Trinity Bluff and Adopt
Appropriation Ordinance
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached ordinance amending the Fiscal Year 2023-2024 Budget and Five-Year
Service Plan for Public Improvement District 14 - Trinity Bluff to reflect amendments
associated with a mid-year review; and
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations
in the Fort Worth Public Improvement District 14 - Trinity Bluff Fund in the amount of
$10,000.00, from available, unreserved fund balance, for the purpose of funding mid-year
budget adjustments.
DISCUSSION:
The City of Fort Worth's Department of Economic Development administers the City's Public
Improvement Districts (PIDs). The City's PID Policy outlines the need to proactively work with the
City's PID management companies to oversee the services being provided within each of the PIDs.
PID 14 — Trinity Bluff (Trinity Bluff PID) is managed by Downtown Fort Worth Inc., (DFWI).
On September 12, 2023, City Council adopted Ordinance No. 26433-09-2023, approving the Fiscal
Year (FY) 2023-2024 Budget, Five-Year Service Plan, Assessment Plan, and Tax Year 2023
Assessment Roll for the Downtown PID. After conducting a mid-year review of the Trinity Bluff's
budget, City staff and DFWI have identified the need to increase the Trinity Bluff PID Budget by
$10,000.00 to align expenses with actual activities that are attributable primarily to increases in
beautification including cultural enhancements.
Revenue adjustments:
Line Items Previously Recommended Amended
to be Approved FY24 Mid-Year FY24 Budget
Adjusted Budget Item Adjustment Item
Use of Fund $0.00 $10,000.00 $10,000.00
Balance
Totals $0.00 $10,000.00 $10,000.00
Expenditure adjustments:
Line Items to Previously Recommended Amended
be Adjusted Approved FY24 Mid-Year FY24 Budget
Budget Item Adjustment Item
Beautification $17,800.00 $10,000.00 $27,800.00
Totals $17,800.00 $10,000.00 $27,800.00
http://apps.cfwnet.org/council�acket/mc review.asp?ID=32035&councildate=4/23/2024 5/21/2024
M&C Review
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All other previously approved line items not mentioned above remain the same. Upon approval of the
above recommendations, the total budgeted expenses for FY 2023-2024 will be $112,806.00. This
mid-year budget adjustment will decrease the unaudited, unassigned fund balance by a total of
$10,000.00. The revised Budget and Five-Year Service Plan will take effect upon approval by City
Council. The City and DFWI will amend the existing management contract to reflect the mid-year
adjustment (City Secretary Contract No. 60330).
Funding is available for appropriation in the fund balance of the FWPID #14 - Trinity Bluff Fund. The
beginning balance is $82,556.80, after this M&C, available balance will be $72,556.80.
The Trinity Bluff PID is located in COUNCIL DISTRICT 9.
FISCAL INFORMATION/CERTIFICATION:
The Director of Finance certifies that upon approval of the recommendations and adoption of the
attached appropriation ordinance, funds will be available in the current operating budget, as
appropriated, in the FWPID #14 - Trinity Bluff Fund. Prior to any expenditure being incurred,
the Economic Development Department has the responsibility to validate the availability of funds.
TO
�Fund Department Account I Project Program Activity Budget Reference # Amoun�
ID ID Year (Chartfield 2)
FROM
Fund Department Account Project Program Activity Budget Reference # Amount
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Submitted for Citv Manaqer's Office bv:
Oriqinatinq Department Head:
Additional Information Contact:
William Johnson (5806)
Robert Sturns (2663)
Lacey Ruiz (2608)
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17PID14 MIDYEAR FY24.docx (CFW Internal)
17PID14 MIDYEARFY24.XLSX (CFW Internal)
ORD. PID14 FY24 FIVE YEAR SERVICEPLAN MIDYEAR AMEND.docx (Public)
ORD.APP 17PID14 MIDYEAR FY24 AO(r2).docx (Public)
PID 14 MID YR FY 2024 Budqet CFW vFINAL.pdf (Public)
PID 14_P5 YTD analysis Feb (midyearPFB)vDraft.xlsx (CFW Internal)
http://apps.cfwnet.org/council�acket/mc review.asp?ID=32035&councildate=4/23/2024 5/21/2024