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HomeMy WebLinkAboutContract 60393-A2CSC No. 60393-A2 SECOND AMENDMENT TO PRE-DEVELOPMENT AGREEMENT This Second Amendment to the Pre-Development Agreement ("Second Amendment") is hereby made and entered into this __ day of May, 2024 ("Second Amendment Effective Date''}, by and between AFWP, LLC ("Developer") and the Research and Innovation Local Government Corporation ("RILGC''). Collectively, Developer and RILGC hereinatler may be referred to as "Paities." Reference is made to that ce1tain Pre-Development Agre,ement by and between the Parties, dated November 1, 2023 as amended (the "Agreement"). All capitalized tenns used but not defined herein, shall have the meanings ascribed to them in the Agreement. RECITALS: WHEREAS, on or about November l, 2023, the RILGC and Developer entered into City Secretary Contract No. 60393, for the develop a concept plan for the Research Development facilities associated with the Texas A&M Fort Worth Campus (''Project"); WHEREAS, on or about February 27, 2024, the RlLG� and Developer entered into the First Amendment to the Agreement. for the further refinement of a concept plan, including an updated program of requirements for the academically occupied spaces, for the Research Development facilities associated with the Project; and WHEREAS, the RILGC and Developer now desire to (i) fmther extend the term of the Agreement, (ii) add development services and land use approvals, as described below, (iii) increase the total compensation in the Agreement, (iv) revise the scope of services to provide further updating of Texas A&M's program of requirements and a new Concept Design Package, and (v) otherwise modify the Agreement, all as more paiticularly set forth in this Second Amendment. • NOW, THEREFORE, in consideration of the mutual promises contained herein and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the Paities hereby agree as follows: 1.The third paragraph on the first page of the Agreement is hereby amended by adding the following: 5.Attachment "D" -Texas A&M Fo1t Wo1th Pre-Development Agreement Schedule of Fees. 2.The fourth paragraph on the first page of the Agreement is hereby replaced in its entirety with the following: Attachments "A" through "D,'' which are attached hereto and incorporated herein, are made a pa1t of this Agreement for all purposes. In the event of any conflict between the terms and conditions of Attachments "A" through "D" and the terms and conditions set forth in the body of this Agreement, the terms and conditions of this Agreement shall control. 3.The Agreement is hereby amended by adding Exhibit "A" -attached to this Second Second Amendment to Prc-Dcye.Jopmcnt Agreement OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Amendment as Attachment "D" — Te�:as A&M Fort Wortl� Pre-Development A�reement Schedtile of Fees. 4. tbllowin;: 5, followin�: Para�raph �.a. of the A�reenlent is hereby replaced in its entirety with the RILGC shall �ay Developer tor the services rendered pursuant to this A�reement an amount of One Million, Six Hundred Sixty-Five Tl�ousand Seven Hundred and 00/100 Dollars ($1,6G5,700.00), IIIC�llC�lll� a portion of Developer's direct costs in the amount of Six Hundred Sixty Thousand and 00/100 Dollars ($660,000.00), in accordance with the provisions of tl�is A�reen�ent and Attacl�ment "D," Payment Schedule, t�hicl� is attached l�ereto and incorporated herein for all purposes. Developer shall not perfoi7n any additional services for the RILGC not specified by tl�is A�reement unless tl�e RILGC rec�uests and ap��roves in writing the additional costs for such seivices. RILGC shall not be liable tor any additional expenses of Developer not specitied by tl�is A�reement unless RILGC tirst approves such expenses in ��ritin�. R1LGC a�rees all invoices of Developer are due and payable ���ithin thirty (�0) days of receipt. Tl�e RILGC will endeavor to pay all invoices to Developer within tifteen ( I 5) days of receipt. Should a portion of an invoice Ue contested by RILGC, payment of such contested �ll1011lli, upon resolution, will be made within thirty (�0) days after RILGC's receipt of the revised invoice. Amounts not contested shall be paid witl�in thirty (�0) days after RILGC"s receipt of'tl�e revised invoice. Para`raph 3.d. of tl�e A�reement is l�ereby replaced in its entirety with tl�e Term. Unless ternlinated pursuant to the tenns herein, this A�reement shall end Septe�nUer �0, 2024. � 6. Attacl�nlent "A" of tl�e A,reement is I�ereUy amended by addin� the followin� additional services bet��re the section entitled "Concept Desi�n Work Product Utilization": Proarm» of Reqirirei�rents V(lIlll[/11011 aird Corrcept Desig�r Refinenie�rt (120-210 da�u) Continrri»g Progrmn of'Reqtrireit�ei�ts tmtl Coneept Desigii Refineiuent (Mci>> 30, 20Z4 — Septenrher 12, 2024) 1. Updcrte the project Dei�elc���uient Bz�cl;E�t, sT�pported b�• �rtcn�ket rc�.secn�ch cnrrl Pre-Constrtrction seri�ices crnd report to the RILGC uppro�n�i�rtc� recon�antendutions to u�/jtist the��rojcet,��cn•un�ietE�t.s, if�nee�lecl, to crrh•unce the ne.�:t stcrges of the icorb:. 2. Updute the project Developn�e�tt Schedzile, i�tcc�r��orcrtin�; ull thc� Icei' eo�rlponents of the �rarlc, identifi•in� c•rrtiecrl puths enn/ n�ilestones, Sccond Amcndmcnt to Prc-Dc� clopmcnt A<�rccmcnt Pa<,*c 2 of 6 ur�cl intc�,;ruting RILGC und De��eloper Teuui ��espc�lzsrbi/itic�s crr�d upprot�uls !/]lU /�IP 17119E'�II1P. 3. Sz�pporl 1-�'�' Street und, if necc�sscrr�' 17r�' Street, Ri�ht-of= YVcn' uncl c�use�rtent uhu�tdonnaents thrnztgll tl�e Ci��� of Fort I�Vort1� :ti PUSPT)lE'/1/ L'UCCIIIOTl �)I'O�1'U/19, (!S 1'Pl,llll'C'C%. . . =�. Dc���c�lop irr co�tsztltuti�»7 li�itl7 11�e RILGC crr�cl TA]I�IUS, cn� entitlement und pern�ittit�� strute;�' .for the Keseurc•lt und /nnot�ution Bz�ilclitt; ("RLB ") sitc cand Pe�forn�uiace. Visttialr=crtio�a uncl F�ine A�7s Builclin� ("PVF.9 ") Luncust�r At•emie ("PVFA Lcmecrster..) .site to usszu•e tin�eh' proczu�E�n�ent of� nc�cesscn.�� permits crncl lrc•enses to constr•z�ct cnrcl op�rute the Project. 5. Dere/op, i�� c•onsziltution �cith tl�e R[LGC und TAILIUS, u iitilit�' ur�d puhlic• serl�ices �n�ocz�ren�i�nt strute���.for the RIB site urul PVFA Lcrncu.ster site t�� crssz��•e tin�elt' ucyz�rsitinn of � necesscn �' z�tilit�� clesi;», eyl�ipmer�t proc.�z�ren��ent �nrcl co�trteetion 1�0 .sT�ch iitilities. <. O�t�oin� engu�ement �cith the Autlaorities Hcn�irrg J�r1•isdictiv�t (AHJ) o��er ull or «��ol•tiort of't1ae��roject to i�tfi�rni perniitti�l� [1191% ('17r11%C'117C'lli COSl PS11117CItPS (l77C% C'.\�)E'CfU110115. Desig�r Mtrirageir�e�rt (Mrq� 30, 2024 — Septemher 12, 1014) 1. Utili_e th���cn•ticrllt' �leveloped Concept Desi� 1 Pcrckuge und Pro�rum nf'Reyuiren�ei�ts clevelopecl in the First Arr�enrlment to the Pre- Dei�elopntent A�;reenlent to provlde on,;orn� �lesion refirrenie�tt sc�ri•ic•es, fnr tl�e P��oject. 771C�21C%117�: u. Concept Desia�t refine�rre�rt of� tlie RIB �i�it1� ussociuted ��cn•kin�; un�l tl�e PVFA Luncuster site ii•ith crssociutecl pcn�lcing buse�I on spuc� reclz�ction reyzt�sts «n�� costfee�lbucb:. b. All plu7nrii7� cn7c1 desi�rr to con���l�• i�•ith TAlI�IUS Fcrcilit�' Desi��t Gziicleli�res «rrd De��eloper Pr�oj�ct Gzr.icleli�res, Cit�� of Fort YVorth plcrrnii�r� uncl =onir�;, if «p��liccrl�le. the FAA, cmd codes «mi stctncicrrds of desi�r� e.stublished I»� the AHJ. c. Updcrted uncl refinecl Conce��t Desi�n deliveruble.s . fnr� tlae RIB und PVFA Lcntccrster Cnre «�ld SI�el1 urrd tlae i�rterior. fit- out of't1leAcndelnic Spuce thut inc•lude l%7E'.fOIIOIt'T77�: : i�__.�......�-------....r _-�.•�._.__..r_•._ . i> > !. V�IUC!!eU CU/!CE'�I/IlC(l (l/'C/71/eC/Il/'Ul S'(/� U/7U lLU9USCL(�)� JJ%[llJ; ii. U��dc�tecl co�iceptz-�crl cn•c.�la�tectlarul floor plu�as; iri. Upclute�/ conc�eptzcul e.rterror urchitectru�ul elei�utinns crncl hzeilclln� cross sectrons; i��. An 1�pdutecl icritten « nc! gruphic con��eptz�cr/ hz�ilcJin� pra�; rcnr� : r. Other illustrutii�e �r�uteriuls—r�ircic�rings, or �Ircn�•in;s—neecled to cr�leyt�uteh� prc�s�irt t11e concept. Scrond Amcndmcnt to Prc-Dc��clo�nncnt A��rccmcnt Pagc 3 of6 2. Fucilitutc� s1crl,:�holder rc�i�re�rs, conrment collectinn, con�tnierit recorrciliutior� urld RILGC (urrd T.Al1�1US) crpprovuls «t uppro�n•iute stu�es of cicsign prn;ress. 3. Re��ie�i�, i��spec� uncl con�tn�rent o�i ctll ��Ia�.sicul, st�7�ct1n•ul, seisn�ie, c�n�•Ironrnentul. topo;ruphiccrl, s«bsu�fuce conclitior�s, �eolo�icul uncl cni�' e_�:isting condition stzulies. �. On hehctlf of T,AA4US cmcl pT��strcrnt to thc� rec/ttirc�n�ents of TAMUS, ohtcain sitc� si�ri�e��, soils, cmd �;c�ot�chnicrrl testing, eni�ironnrc�ntcrl ur�d I�istoricul sru�i�c�is, crnd otl�ei� cllee clili�enee necc�ssu�.�' to clet�elop o» tl�e projc c1 site(s) i�lclzu�ir�g the, fodloici�ag: u. Er�guge Terrucon to pe�fnrn�� nei�• g�otechnicul iit��c�stigcrtioits at tl�e PVF.9 Lc�»c•uster pcn'cels cntd its crssocicrtec! pcu-Icing. b. En�cr�e Terrucr»r if needed, bused o» the Phcrse I eni�ironnrerttul site ussessn���nt, to prepure scope crncl cost pro��osul for the perforniurrce of'u Phuse !1 em•ir�mmentcrl site ussessnrent carrc! seelc RIGLC upproi�ul to pei forn7 siieh ussessnrent crs « n crc/ditionul se�•��ice. c. .9ssist the Cit�� of Fort 1�Vorth irr the pre��cn�crtio�l of u titl� inti�esti�utiorr cnrcl ec�rresporlrlrn� ALTA sirri�e�' plut of�tlae PVFA Lcnrccrster• perrcels. Pre-Co�rstr•uction Actirities Dcn•i�Tg Co�rrept Design Refrnenieirt (Mn�� 30, 2014 — SeJ�te�nber 12, 2024) 1. Revie�r cmcl r•econ�n�end fucilitt' desi�n, s�;iten�s, cm�l n�utericrl choices in sz�p��ort nf the desi�;�r teun�. Z. Updute the project ronst�•z�ction hzid�et �cith cost estin�cttes hcrsed oir the.finul �r���roi�ecl Pro�rumt of Reyuiren�ients urid the irpcluted c•onc•e��t desig» percl�uge. 3. Prc���ide nun�l,:et reseurch cmd cost uncth:sis to �117(IP �)1'OJPC'l ��ulz�e decisic»rs. �. U��dute the cot�strzectior� ur�d derc�lopn�erlt schech�le I�crsed o�t thE� zipcicrterJ Concept Desi�;n. 7. The A�ree�llent, as amended, and this Second Amend�nent shall Ue read to�etl�er and shall have the same effect as if the provisions of the A�reement and this Second Amendment were contained in one a�reement. Each and all other provisions of tl�e A,reement nat an7ended by this Second Amendment sl�all remain unchanged and shall continue in full force and ettect as provided in the A�reement immediately prior to the Second Amendment Effective Date. In the event of any inconsistency bet��een the terms of this Second Aniendment and the terms of the A,reement, the terms of this Second Amendment shall control. 8. This Second A�nendment may be executed in one or more counterparts and delivered by facsimile or otl�er sinlilar electronic means. Any sin�le counterpart or a set ot' counterparts executed, in eitlier case, by all the Parties shall constitute a tull, ori�inal, and Uindin� Second Amendment tor all purposes. Sccond Amcndmcnt to Prc-Dc� clopmcnt Agrccmcnt Pa�*c 4 of 6 9.The Parties hereby signify their agreement to the foregoing terms by executing this Second Amendment where indicated below. IN WITNESS WHEREOF, the Pa1ties hereto have caused this Second Amendment to be executed by their duly authorized representatives on the day and Second Amendment Effective Date above written. RILGC: ?freA By: Elizabeth Beck (Jun 26, 202412:45 CDT) Name: Elizabeth Beck Title: Assistant City Manager Date: Jun 26, 2024 2024 Approved as to Forin and Legality: By: Name: John B. Strong Title: Assistant City Attorney Approval Recommended: By: Name: Roger Venables Title: Aviation S stem Director Second Amendment to Pre-Development Agreement AFWP,LLC By: Edgemoor Infrastructure & Real Estate LLC J3y: Name: R.MartinTitle: Man ing Director I Chief Development Date: AND 0.T�e� l J , 2024 By: KDC Development LLC By:� Name: M, 5 CQ rr o1'f/f'l '1 Titl e: V: t.,c!.._ P� � ,-1,r,.,. -f: Date: .. [VJL ,c. J-, , 2024 ATTEST: � 1 � By:_U ________ _ Name: Jannette Goodall Title: City Secretary Page 5 of6 Exhibit "A" Attachment "D" Texas A&M Fort Worth Pre-Development Agreement Schedule of Fees Uses of Funds Architecture & Engineering (Design +Consultants) Contractor Pre Construction $705,000 Services $150,000 Site Investigation Consultants $100 700 , Development Services Fee @$60K per month (11 months Nov. 2023 - Sept. 2024) $660,000 Miscellaneous and Contingency $50,000 Total Uses of Funds from Pre-Development Agreement & Amendments $1,665,700 Sccond Amcndmcnt to Prc-Dc� clo��mcnt A<rrccmcnt Pa�ac 6 of 6 12ESOLUTION NO. FWRILGC-2024=�2 R�S�ARCH AND INNOVATION LOCAL GOV�RNM�NT CORPORATION It�SOLUTION OF TH� BOARD OF DIR�CTORS WHERrAS, the Research and Innovation Local Government Corporation ("RILGC") and City of Fort Worth selected Aggieland Fort Worth Partners, LLC ("Developer") to develop the parcels on the TAMUS downtown Fort Worth campus that do not include the Law and Education Building ("Research Development"); WHEREAS, the RILGC and Developer entered into a Predevelopment Agreement ("Agreement") for the Research Development; and WHEREAS, the RILGC and Developer now desire to add to the scope of services to the Agreement and increase the total compensation to Developer. NOW THER�FORE, BE IT RESOLVED BY TH� BOARD OF DIRECTORS OF THE RESEARCH AND INNOVATION LOCAL GOVERNMENT CORPORATION: 1. The RILGC is hereby authorized to enter into an amendment to the Agreement to add certain work to the scope of services and increase the total compensation amount to One Million, Six Hundred Sixty-Five Thousand Seven Hundred and 00/100 Dollars ($1,665,700.00). 2. This Resolution talces effect fi•om the date of its adoption. Adopted this May 21, 2024. � By: Elizabeth Beck President Attest: Jannette S. Goodall Corporate Secretaiy