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HomeMy WebLinkAboutContract 62597-A1City of Fort Worth, Texas First Amendment to City Secretary Contract No. 62597 Page 1 of 9 Date Received: _______________ City Secretary Time Received: ______________ Contract No.: ____________ FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 62597 A COMMUNITY FACILITIES AGREEMENT BETWEEN THE CITY OF FORT WORTH AND WEST WORTH OWNER LLC This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 62597 (“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 West Worth Owner LLC (“Developer”), a Texas 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 West Worth Commerce Center I, City Project Number 104063, City Secretary Contract Number 62597 (“CFA”); and WHEREAS, City and Developer have determined that the cost estimates and cost summary table in the CFA are incorrect; and WHEREAS, the City and Developer desire to amend the CFA to correct the cost estimates and cost summary table; 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 62597: 1. Section 36 of the CFA 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. 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 Number 62597 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 Number 62597. City of Fort Worth, Texas First Amendment to City Secretary Contract No. 62597 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 Jesica McEachern Assistant City Manager Date: Recommended by: Dwayne Hollars Contract Compliance Specialist Development Services Approved as to Form & Legality: Jackson Skinner Assistant City Attorney M&C No. N/A Form 1295: N/A Date: __________________________ DEVELOPER: West Worth Owner LLC James Curtis Hefner Authorized Signatory Date: 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. Name: Rebecca Owen Title: Development Manager ATTEST: ___________________________________ Jannette S. Goodall City Secretary City of Fort Worth, Texas First Amendment to City Secretary Contract No. 62597 Page 3 of 9 EXHIBIT A 36. Cost Summary Sheet Project Name: West Worth Commerce Center I CFA No.: 24-0182 City Project No.: 104063 IPRC No.: 22-0096 Items Developer's Cost A. Water and Sewer Construction 1. Water Construction 1,459,035.00$ 2. Sewer Construction 454,762.50$ Water and Sewer Construction Total 1,913,797.50$ B. TPW Construction 1. Street 1,527,561.00$ 2. Storm Drain 776,345.00$ 3. Street Lights Installed by Developer 372,892.50$ 4. Signals -$ TPW Construction Cost Total 2,676,798.50$ Total Construction Cost (excluding the fees): 4,590,596.00$ Estimated Construction Fees: C. Construction Inspection Service Fee $61,762.50 D. Administrative Material Testing Service Fee $13,504.40 E. Water Testing Lab Fee $2,295.00 Total Estimated Construction Fees: 77,561.90$ Financial Guarantee Options, choose one Amount Choice (Mark one) Bond = 100% 4,590,596.00$ X Completion Agreement = 100% / Holds Plat 4,590,596.00$ Cash Escrow Water/Sanitary Sewer= 125% 2,392,246.88$ Cash Escrow Paving/Storm Drain = 125% 3,345,998.13$ Letter of Credit = 125% 5,738,245.00$ City of Fort Worth, Texas First Amendment to City Secretary Contract No. 62597 Page 4 of 9 EXHIBIT B Cost Estimates City of Fort Worth, Texas First Amendment to City Secretary Contract No. 62597 Page 5 of 9 City of Fort Worth, Texas First Amendment to City Secretary Contract No. 62597 Page 6 of 9 City of Fort Worth, Texas First Amendment to City Secretary Contract No. 62597 Page 7 of 9 City of Fort Worth, Texas First Amendment to City Secretary Contract No. 62597 Page 8 of 9 City of Fort Worth, Texas First Amendment to City Secretary Contract No. 62597 Page 9 of 9