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HomeMy WebLinkAboutContract 58155-A1Date Received: J u 115, 2024 Time Received: 8:03 a.m. City Secretary Contract No.: 58155-A1 FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 58155 A COMMUNITY FACILITIES AGREEMENT BETWEEN THE CITY OF FORT WORTH AND FORT WORTH HERITAGE DEVELOPMENT, LLC This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 58155 ("First Amendment") is made and entered into by and between the City of Fort Worth ("City"), a home -rule municipal corporation of the state of Texas, and FORT WORTH HERITAGE DEVELOPMENT, LLC ("Developer"), a Delaware limited liability company. WHEREAS, the City and Developer entered into a Community Facilities Agreement for the construction of public infrastructure improvements for a Project known as Swift Lofts (Majestic Stockyards Multi -Family), City Project Number 103821, City Secretary Contract No. 58155 ("CFA"); and WHEREAS, the Developer desires a one-year extension of the deadline to complete construction of the Improvements as authorized by the CFA Ordinance; and NOW THEREFORE, City and Developer, acting herein by and through their duly authorized representatives, enter into the following agreement, which amends the CFA: 1. Section 6 of the CFA is amended to add the following paragraph after the first paragraph: Developer and City agree to an Extension Period of one (1) year. Developer shall complete construction of the Improvements and obtain the City's acceptance of the Improvements by September 28, 2025. ►:>A a. All other provisions of the CFA which are not expressly amended herein, shall remain in full force and effect. b. All terms in this First Amendment that are capitalized, but not defined, shall have the meanings ascribed to those terms in in the CFA. [SIGNATURES ON FOLLOWING PAGE] OFFICIAL RECORD City of Fort Worth, Texas CITY SECRETARY Amendment to City Secretary Contract No. 58155 FT. WORTH, TX IN TESTIMONY WHEREOF, the City and Developer have executed this First Amendment to be effective on the date signed by the City's Assistant City Manager. CITY OF FORT WORTH t)AH'aR gcsyaooff Dana Burghdoff (Jul Tf, 2024 i 27 CDT) Dana Burghdoff Assistant City Manager Date: J u 111, 2024 Recommended by: a" Dwayne Hollars (Jul 9, 202412:39 CDT) Dwayne Hollars Contract Compliance Specialist Development Services Approved as to Form & Legality: Richard McCracken (Jul 10, 202415:56 CDT) Richard A. McCracken Sr. Assistant City Attorney DEVELOPER FORT WORTH HERITAGE DEVELOPMENT, LLC, a Texas limited liability company By: Majestic -Stockyards Investor, LLC, a Delaware limited liability company By: Majestic Realty Co., a California corporation, as duly authorized agent for the Manager of Majestic -Stockyards Investor, LLC agent BRAND HUNT (Jul 202410:07 PDT) Edward P. Roski Jr. President and Chairman of the Board Date: Jul 9, 2024 M&C No. N/A Form 1295: N/A Contract Compliance Manager: ATTEST: aonnn a�>F..... `��°ao B signing,I acknowledge that I am the y g '-�°, person responsible for the monitoring and o ogvd administration of this contract, including all nnnoa performance and reporting requirements. Jannette S. Goodall City Secretary Rebecca Owen (Jul 9, 202412:52 CDT) Name: Rebecca Diane Owen Title: Development Manager OFFICIAL RECORD City of Fort Worth, Texas CITY SECRETARY Amendment to City Secretary Contract No. 58155 FT. WORTH, TX