The URL can be used to link to this page

Home My WebLink AboutContract 61209-A1csco No. 61209-A1 TRANSPORTATION IMPACT FEE CREDIT AGREEMENT AMENDMENT AMENDMENT NO. 1 TO CITY SECRETARY CONTRACT NO. 61209 WHEREAS, the City of Fort Worth ("City"), a Texas home rule municipal corporation, and GBTM Sendera LLC, a Limited Liability company autharized to do business in Texas ("Owner"), made and entered into a Transportation Impact Fee Credit Agreement, City Secretary Contract No. 61209 (the "Agreement") on 3/29/2024; and WHEREAS, the Owner received approval for construction plans (IPRC22-0093) on 11/11/2022, executed a Community Facilities Agreement (CFA22-0182, CSCO 59115) on 03/27/2023, and obtained final acceptance by the City for Sendera Ranch Boulevard and Rancho Canyon, City Project 103700, on 09/30/2024; and WHEREAS, the Owner has dedicated 537,705 square feet of additional right-of-way for Sendera Ranch Boulevard north of Rancho Canyon with FP-23-049, recorded as Instrument 202405170000656, on 5/17/2024; and WHEREAS, it has become necessary to execute this Amendment No. 1 to said Agreement to incorporate additional credits created by the dedication of Sendera Ranch Blvd. right-of-way north from Rancho Canyon Way by replacing Exhibit "D" with the Exhibit "D-1" and supplementing Exhibit "E" with the EXhibit "E-1"; NOW, THEREFORE, for and in consideration of the mutual agreements, covenants, and conditions contained herein, and other good and valuable consideration, the City and the Owner hereby covenant and agree as follows: 1. Recitals. The recitals contained in this Agreement are true and correct as of the Effective Date and form the basis upon which the Parties negotiated and entered into this Agreement. 2. Exhibit "D" to the Agreement shall be replaced with Exhibit "D-1"attached hereto and incorporated herein by this reference. 3. Exhibit "E" to the Agreement shall be amended by adding Exhibit `B-1", attached hereto and incorporated herein by this reference. All other provisions of Agreement which are not expressly modified herein shall remain in full force and effect. (Remainder of Page Intentionally Left Blank) Transportation Impact Fee Credit Agreement- CA-23-009 A1 Madero A1 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Page 1 of 8 1/27/2025 IN WITNESS WHEREOF, the undersigned parties have executed this Agreement to be effective as of the date subscribed by the City's Assistant City Manager. CITY OF FORT WORTH, TEXAS T�c� Su�.�ir�elL Dana Burghdoff (Feb , 2025 CST) Dana Burghdoff Assistant City Manager Date: F2b 1� 2025 Recommended By: �� Dalton Harrell �lan 31, 2025 09:47 CST) DJ Harrell Director, Development Services Approved as to Form and Legality: �� Douglas Black (Jan 31, 2025 P:30 CST) Douglas Black Assistant City Attorney M&C: None required Form 1295: None required ATTEST: C�LQ�M1�.G#A /J .l�-c¢-�t J Jannette Goodall City Secretary oF FO/�RT�°a a�, � /\ �,FdO oi�ao�J .�o PQ e o!/ Vao � ° QPab nEXP5.o4 OWNER GBTM Sendera, LLC A Delaware Limited Liability Company Bobby Samuel Authorized Signer City 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. ,�1D nifer Ro erts (Jan 30, 2025 09:53 CST) Jennifer H. Roberts Assistant Director, Development Services Department OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Transportation Impact Fee Credit Agreement- CA-23-009 A1 Page 2 of 8 Madero A1 1/27/2025 EXHIBIT LIST "D-1" Eligible Transportation Improvements "E-1" Additional Credits Against Transportation Impact Fees Transportation Impact Fee Credit Agreement- CA-23-009 A1 Page 3 of 8 Madero A1 1/27/2025 EXHIBIT D-1 �� Eligible Transportation Improvements Fox,�_� Madero Al Eligible Transportation Improvements for Credit against Transportation Impact Fees . ::� � .,.,! f'. �,� . , � • - , • Development Plan Area ' Right-of-Way Dedication / Roadway , �; � �� ' Construction ` - Right-of-Way Dedication/Roadway Construction/ Original agreement x U $ Q a Q � w 4 � w � C�U�ISLI�NC��k2 GOFiTiJO � � �a � � � � � c� � w C] [Y O � � � 4t p w � ~ � � � � �' � � w '� � ;_ .. _,...___�.'.. �� Q� ¢� �. � �r�r�sa � � ti wwc� � � � � � z a � t� Eli lg�ble Improvements Sendera Ranch Rancho Canyon z �arvcrro ea�ro� � � � srr��ro�a n� o � L� a,an�ra,a � � � To�c� �o w �� ''�°��,�� w � � � p . �� A,y,Nq �,�qC�- c'ry , .p - , " '� r... 1{df`F,fiNa��a��..., ;. . Reference # Limits FP-23-049 Right-of-way dedication CPN 103700 Construction of Sendera Ranch CFA22-0182 CSCO 59115 Transportation Impact Fee Credit Agreement- CA-23-009 A1 Page 4 of 8 Madero A1 1/27/2025 EXHIBIT E-1 Additional Credits Against Transportation Impact Fees Trans ortation Im act Fee Credit Overview Value of ROW Dedication Instrument # Final Plat # Eligible Arterial Value 202405170000656 FP-23-049 Sendera Ranch Blvd $1,892,720.33 ROW Trans ortation Im act Fee Credit $1,892,720.33 TrIF Eligible Community Facilities Agreement Construction - 100% Eligible City Secretary # CFA # Eligible Arterial Value CFA22-0182 59115 CPN 103700 Sendera Ranch Blvd $2,238,735.50 IPRC22-0093 Total Transportation Impact Fee Eligible $2,238,735.50 Communit Facilities A reement Value Engineering, Surveying, and Material Testing = 20% of total �447,747.10 eli ible construction costs Trans ortation Im act Fee Credit $4,579,202.93 Transportation Impact Fee Credit Agreement- CA-23-009 A1 Page 5 of 8 Madero A1 1/27/2025 Right-of-Way Valuation for Madero Valuation Method 1- Percenta e of TIP Pro'ect Cost Eligible Arterial Sendera Ranch Blvd 2022 Transportation Improvements Plan Project Number B-10 Estimated Construction Costs from 2022 Transportation $9,344,000 Improvements Plan Value of Total Project Right-of-Way (20% of Construction $1,868,800 Cost Total Project Length (LF) 4840 Arterial Cross-Secrion Width LF 110 Additional ROW needed for Roundabout SF $� Total Pro'ect Ri ht-of-Wa SF 532400 Ri ht-of-Wa Value Per S uare Foot $3.52 Valuation Method 2- Percentage of Construction Project Cost Eligible Arterial Sendera Ranch Blvd City Project Number 103700 Final Construction Costs from Norice of Completion (Green Sheet) $2,238,735.50 Value of Total Project Right-of-Way (20% of Construction $447,747 Cost Total Project Length (LF) 4655 Arterial Cross-Section Width LF 110 Additional ROW needed for Roundabout SF � Total Pro'ect Ri ht-of-Wa SF 537,705 Ri ht-of-Wa Value Per S uare Foot $0.84 Valuation Method 3- TAD a raised value Sendera Ranch Blvd DCAD Value as of 08/9/2023 $2,803,230 DCAD Account 56751 Total Area SF 4,105,530 A raised Value $2,803,230.00 Value er S uare Foot $0.69 Ri ht-of-Wa Dedication Sendera Ranch Blvd Recordin Instrument Number 202405170000656 Final Plat Number FP-23-049 Recardin Date 5/16/2024 Total area of ROW dedicated SF 537,705 Value er SF $3.52 ROW Credit Available $1,892,720.33 Transportation Impact Fee Credit Agreement- CA-23-009 A1 Page 6 of 8 Madero A1 1/27/2025 Bidlist Item Description Unit Completed Eligible Unit Credit Available No. Quantity Quantity Price UNIT IIL• DRAINAGE IMPROVEMENTS 1 Trench Safery LF 4,358 4,358 $1.00 $4,358.00 2 � Concrete Collar � EA � 6 � 6 � $750.00 � $4,500.00 3 21" RCP, Class III LF 968 968 $65.00 $62,920.00 4 � 24" RCP, Class III � LF � 1,590 � 1,590 � $75.00 � $119,250.00 5 � 27" RCP, Class III � LF � 245 � 245 � $80.00 � $19,600.00 ( � 30" RCP, Class III � LF � 61 � 61 � $85.00 � $5,185.00 '7 � 33" RCP, Class III � LF � 298 � 298 � $105.00 � $31,290.00 g � 36" RCP, Class III � LF � 189 � 189 � $120.00 � $22,680.00 9 � 42" RCP, Class III � LF � 1,007 � 1,007 � $150.00 � $151,050.00 11 10' Recessed inlet EA 12 12 $4,600.00 $55,200.00 12 � 4' Drop Inlet � EA � 1� 1�$5,800.00 � $5,800.00 13 4' Storm Junction Box EA 7 7$4,800.00 $33,600.00 �4 � 5' Storm Junction Box � EA � 2 � 2 � $6,200.00 � $12,400.00 22 InletProtection EA 13 13 $150.00 $1,950.00 TOTAL UNIT IIL• DRAINAGE IMPROVEMENTS $529,783.00 UNIT IV: PAVING IMPROVEMENTS 1 Hydrated Lime (36 lbs/sy) TN 267 267 $195.00 $52,104.00 2 � 8" Lime Treatment � SY � 14,843 � 14,843 � $4.00 � $59,372.00 3 � 10" Conc Pvmt � SY � 13,792 � 13,792 � $72.00 � $993,024.00 4 � 4" Conc Sidewalk � SF � 44,523 � 44,523 � $3.50 � $155,830.50 5 I Barrier Free Ramp, Type R-1 I EA I 8 I 8 I$1,800.00 I $14,400.00 ( � Barrier Free Ramp, Type P-1 � EA � 2� 2�$1,500.00 � $3,000.00 � � Topsoil � CY � 1,025 � 1,025 � $24.00 � $24,600.00 g � B1ockSodPlacement � SY � 6,147 � 6,147 � $8.00 � $49,176.00 9 Construct Std. Pvmt. Header LF 179 179 $20.00 $3,580.00 10 � Construct Barricade � EA � 6 � 6 � $600.00 � $3,600.00 ll Stop Signs (R1-1) EA 1 1 $750.00 $750.00 i2 � Street Name Blade Pair (D3-1) � EA � l� 1� $200.00 � $200.00 13 No Outlet Sign (W14-2) EA 1 1 $500.00 $500.00 14 � Street Sign Pole � EA � 2� 2� $250.00 � $500.00 15 Remove Barricade & Connect to Existing EA 1 1 $500.00 $500.00 Pavement 16 TYPEII-A-A 4" RPM EA 119 119 $5.00 $595.00 � � � REFL PAV MRK TY I(Y)(6")(DBL)(SLD) � LF � 4,728 � 4,728 � $6.00 � $28,368.00 Ig REFL PAV MRK TY I(W)(6")(SNG)(SLD) LF 1,450 1,450 $4.00 $5,800.00 � 9 REFL PAV MRK TY I(W)(8")(SNG)(SLD) LF 1,429 1,429 $6.00 $8,574.00 TOTAL UNIT IV: PAVING IMPROVEMENTS $1,404,473.50 Transportation Impact Fee Credit Agreement- CA-23-009 A1 Page 7 of 8 Madero A1 1/27/2025 UNIT V: STREET LIGHTING IMPROVEMENTS 1 2" CONDT PVC SCH 80 (T) LF 4,699 4,699 $15.00 $70,485.00 2 LED Lighting Fixture (138W) EA 50 50 $800.00 $40,000.00 3 � Install Type 33A Arm � EA � 50 � 50 �$600.00 � $30,000.00 4 R�dwy Illum Assembly TY 18,18A,19, and D- EA 25 25 $3,400.00 $85,000.00 5 Rdwy Illum Foundation TY 3,5,6, and 8 EA 25 25 $1,500.00 $37,500.00 ( I Ground Box I EA I l4 I 14 I$950.00 I $13,300.00 � 3-#2 Copper Wire LF 4,699 4,699 $6.00 $28,194.00 TOTAL UNIT V: STREET LIGHTING IMPROVEMENTS $304,479.00 Bid Summary UNIT III: DRAINAGE IMPROVEMENTS UNIT IV: PAVING IMPROVEMENTS UNIT V: STREET LIGHTING IMPROVEMENTS UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS $529,783.00 $1,404,473.50 $304,479.00 $0.00 VALUE OF CFA22-0182, CPN 103700 ELIGIBLE CONSTRUCTION SUBTOTAL $2,238,735.50 Transportation Impact Fee Credit Agreement- CA-23-009 A1 Page 8 of 8 Madero A1 1/27/2025