HomeMy WebLinkAboutContract 60627-A1Date Received: 11 /26/2024
Time Received: 7 : 56 a.m.
City Secretary
Contract No.: 60627-A1
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 60627
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND
QTS INVESTMENT PROPERTIES FORT WORTH, LLC
This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 60627
("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 QTS Investment Properties Fort
Worth, 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 QTS Data Center,
City Project Number 104062 ("CFA"); and
WHEREAS, City and Developer executed the CFA based upon an engineer's estimate of
probable costs; and
WHEREAS, Developer provided the City with a development bond as the financial
guarantee for the CFA in the amount of $717,810.00, which amount equals one hundred fifty
percent of the engineer's estimate of probable costs for the Improvements in the CFA; and
WHEREAS, Developer has acquired a contractor to construct the Improvements pursuant
to the CFA, and the actual construction costs are less than the engineer's estimate of probable
costs; and
WHEREAS, the City has increased the fee it charges for construction inspection service
fees; and
WHEREAS, the City and Developer desire to amend the CFA to reflect the revised Cost
Estimates and Cost Summary Table, including the increased construction inspection service fees;
NOW THEREFORE, City and Developer, acting herein by and through their duly
authorized representatives, enter into the following agreement, which amends City Secretary
Contract Number 60627:
1.
The Cost Summary Sheet of the CFA, which is the second section numbered Section 36,
is amended to be Section 37, and is amended in its entirety to be and read as set forth in Exhibit A
of this First Amendment, which is attached hereto and incorporated herein by reference.
City of Fort Worth, Texas
First Amendment to City Secretary Contract No. 60627
Page 1 of 9
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
2.
The Cost Estimates in the CFA are amended in their entirety to be and read as set forth in
Exhibit B of this First Amendment, which is attached hereto and incorporated herein by reference.
3
a. All other provisions of City Secretary Contract No. 60627 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 City Secretary Contract No. 60627.
[SIGNATURES ON FOLLOWING PAGE]
City of Fort Worth, Texas
First Amendment to City Secretary Contract No. 60627
Page 2 of 9
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
f/
Dana Burghdoff (No , 20242�3 3 CST)
Dana Burghdoff
Assistant City Manager
Date: 11 /25/2024
Recommended by:
Bichson Nguyen Contract
Compliance Specialist
Development Services
Approved as to Form & Legality:
Richard McCracken (Nov 25, 2024 14:42 CST)
Richard A. McCracken
M&C No.: N/A
Form 1295: N/A
bg44U�n�n
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ATTEST: o0o o o=;
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� QIl rEXA5o90
C�naa000
Jannette S. Goodall
City Secretary
City of Fort Worth, Texas
First Amendment to City Secretary Contract No. 60627
Page 3 of 9
DEVELOPER
QTS Investment Properties Fort Worth, LLC
Lahey Narihicl7
Laney Marinich (Nov 25, 2024 12:25 EST)
Laney Marinich
Executive Vice President, Development
Contract Compliance Manager:
By signing, I acknowledge that I am the
person responsible for the monitoring and
administration of this contract, including all
performance and reporting requirements.
Rebecca Owen (Nov 25, 202411:28 CST)
Name: Rebecca Owen
Title: Development Manager
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
EXHIBIT A
37.
Cost Summary Sheet
Project Name: QTS Data Center
CFA No.: CFA22-0051
Items
A. Water and Sewer Construction
1. Water Construction
2. Sewer Construction
Water and Sewer Construction Total
B. TPW Construction
1. Street
2. Storm Drain
3. Street Lights Installed by Developer
4. Signals
TPW Construction Cost Total
Total Construction Cost (excluding the fees):
Estimated Construction Fees:
C. Construction Inspection Service Fee
D. Administrative Material Testing Service Fee
E. Water Testing Lab Fee
Total Estimated Construction Fees:
Financial Guarantee Options, choose one
Bond = 100%
(Completion Agreement = 100% / Holds Plat
(Cash Escrow Water/Sanitary Sewer= 125%
(Cash Escrow Paving/Storm Drain = 125%
Letter of Credit = 125%
City of Fort Worth, Texas
First Amendment to City Secretary Contract No. 60627
Page 4 of 9
City Project No.: 104062
Developer's Cost
$ 21,350.00
$ 226,308.50
$ 247,658.50
$ 225,258.00
$ 225,258.00
$ 472,916.50
$41,175.00
$2,204.80
$168.75
$ 43,548.55
Choice
Amount
(Mark one
$ 472,916.50
x
$ 472,916.50
$ 309,573.13
$ 281,572.50
$ 591,145.63
EXHIBIT B
Cost Estimates
City of Fort Worth, Texas
First Amendment to City Secretary Contract No. 60627
Page 5 of 9
UNIT PRICE BID
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City of Fort Worth, Texas
First Amendment to City Secretary Contract No. 60627
Page 6 of 9
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City of Fort Worth, Texas
First Amendment to City Secretary Contract No. 60627
Page 7 of 9
UNIT PRICE BID
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City of Fort Worth, Texas
First Amendment to City Secretary Contract No. 60627
Page 8 of 9
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City of Fort Worth, Texas
First Amendment to City Secretary Contract No. 60627
Page 9 of 9
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