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HomeMy WebLinkAboutContract 62917City Secretary Cnntract No SUPPORT AGREEMENT BETWEEN THE CITY OF FORT WORTH AND YMCA OF METROPOLITAN FORT WORTH This SUPPORT AGREEMENT ("Agreement") is made and entered into by and between the CITY OF FORT WORTH, a Texas home rule municipal corporation, acting by and through its duly authorized Assistant City Manager ("City"), and the Young Men's Christian Associallon of Metropolitan Fort Worth, a Texas non-profit corporation, acting by and through its duly authorized representative ("YMCA"). City and YMCA are herein refei7-ed to individually as a "Party" and collectively as the "Parties". WHER�AS, on January 15, 2008, the City Council adopted a City-Wide Aquatics Master Plan (M&C G-16003), the full implementation cost of which totaled about $66.3 million dollars; WHEREAS, on March 20, 2012, the City Council evaluated and adopted measures to malce the Aquatics Master Plan more feasible for aquatics to be reintroduced to the City (M&C G- 17554); WHEREAS, such measures included the fund'uig and development of aquatics facilities in each sector of Fort Worth; cooperation with other entities, such as non-profit agencies; and sustainability of aquatics facilities through proper resource allocation, including subsidies, to aid in the effective operation and maintenance of such facilities and programs; WHEREAS, YMCA is a non-profit organization that strengthens the community by working side-by-side with its neighbors to ensure that everyone regardless of age, income, or background, has the opportunity to learn, grow, and thr-ive; WHEREAS, YMCA is in the process of renovating the Eastside YMCA outdoor pool located at 1500 Sandy Lane, Fort Worth, Texas 76112 (the "Aquatics Facility"), allowing for a cooperative opportunity for the City to invest in an existing aquatic facility in the eastside of Fort Worth (City Project No. "CPN" 105287); WHEREAS, YMCA has approached City for the use of Two Hundred and Fifty Thousand Dollars and 00/100 ($250,000.00) of City capital Partnership Funds, as a forgivable loan, to complete the final match of funding for the renovation; WHEREAS, this cooperative opportunity enables the leveraging of private and pttblic funds for YMCA to operate the Aquatics Facility forthe general public and to charge fees identical to or less than those for the City of Fort Worth pools, without requiring City residents to have a YMCA membership to access the Aquatics Facility; WHEREAS, YMCA anticipates reopening the Aquatics Facility in September of 2024 and completing it October 23 of 2024 with a grand opening scheduled for November 5, 2024; WHEREAS, on January 23, 2024, the City Council approved Mayor & Council Communication No. 24-0078, authorizuig a forgivable loan to the YMCA in the amount of $250,000.00 for the renovation of the Aquatics Facility; and WHEREAS, the forgivable loan and this Agreement will achieve the public purpose of providing quality, accessible, and cost-effective aquatics opportunities to the residents of Fort YMCA of Metropolitan Fort Worth � Support Agreement ' ���' � �; ' � ��'��� � ,, , �� Page 1 of 12 ii �:�:IiY �����i� 'j - @? �:`_u ���_'_'�� FT. WORiH,'� 6�A� 7'2a �r�4:24 Worth and this Agreement will provide the necessary controls to ensure that the public purpose is accomplished. NOW, THEREFORE, for and in consideration of the covenants and agreements contained herein the Parties hereby agree as follows: S�CTION 1 AQUATICS FACILITY 1.1 For the Term specified in Section 2 below, and any extensions thereof, the City and YMCA hereby agree to the appropriation of City of Fort Worth capital Partnership Funds in the amount of TwoHundred and Fifty Thousand Dollars and 00/100 ($250,000.00), as a forgivable loan, for the renovation of the Eastside YMCA outdoor pool located at 1500 Sandy Lane, Fort Worth, Texas 76112, as set forth in Exhibit "A," attached hereto and incorporated herein by reference. SECTION 2 TERM 2.1 Unless terminated earlier pursuant to the terms herein, this Agreement shall be effective on the date that the Agreement is executed by the City's Assistant City Manager ("Effective Date") and continue for the useful life of the Aquatics Facility. SECTION 3 CONSIDERATION 3.1 It is understood between the Parties that the forgivable loan of Two Hundred and Fifty Thousand Dollars and 00/100 ($250,000.00) ("Partnership Funds") from the City to YMCA for the renovation of the Aquatics Facility shall only be used for the capital project. Tl�e forgivable loan of Partnership Funds will be evidenced by a Promissory Note and Deed of Trust of even date herewith. Partnership Funds must be matched on a 1:1 ratio and must be the last dollars to complete the Aquatics Facility. Upon renovation of the Aquatics Facility, any remaining balance of unspent funds will be refunded to City. The Parties further agree that ongoing operations and maintenance of the Aquatics Facility must be funded by YMCA at no cost to the City. 3.2 The Aquatics Facility must be available to the general public at a fee identical to or less than the City of Fort Worth pools for the useful life of the Aquatic Facility, or unless otherwise authorized in writing by the City Manager or designee, and the Aquatics Facility must be available to the public without requiring a YMCA membership, 3.3 Upon execution of this Agreement, the YMCA must submit a five-year pro forma to the City. SECTION 4 TERMINATION YMCA of Metropolitan Fort Worth Support Ag•eement Page 2 of 12 4.1 Upon an event of default that YMCA fails to cure, this Agreement may be terminated by the City unmediately upon written notice to YMCA. Further, this Agreement may be terminated by the City immediately upon written notice to YMCA, provided that the forgivable loan, and the remaining portion of the unforgiven Partnership Funds, shall be fully forgiven. 4.2 Gratuities. The City may terminate this Agreement if it is found that gratuities in the form of entertainment, gifts, or otherwise ("Gratuities") were offered or given by YMCA or any agent or representative to any City official or employee with a view toward securing favorable treatment with respect to the awarding, amending, or malcing of any determinations with respect to the perfoimance of this Agreement. In the event this Agreement is canceled by the City puisuant to this section, the City shall be entitled, in addition to any other rights and remedies, to recover from YMCA a sum equal to the Gratuities. 4.3 Fiscal Funding Out. Notwithstanding anything to the conh•ary, if, for any reason, at any time during the term of the Agreement, the Fort Worth City Council fails to appropriate funds sufficient for the City to fulfill its obligations under this Agreement, the City may terminate the portion of the Agreement regarding such obligations to be effective on the last of (i) ninety (90) calendar days following deliveiy by the City to YMCA of written notice of the City's intention to teiminate; or (ii) the last date for which funding has been appropriated by the Fort Worth City Council for the puiposes set forth in this Agreement. 4.4 Default. YMCA will be in default of this Agreement if YMCA fails to observe or perform any covenant or agreement made by YMCA hereunder or under any other agreement between YMCA and City related to the Aquatics Facility. If an event of default occurs under this Agreement, prior to exercising any remedies, City shall give YMCA writtennotice of such default. YMCA shall have a pei7od of thirty (30) days after such notice is given within which to cure the default prior to exercise of remedies by the City under this Agreement. 4.5 Remedies. If an event of default occurs, City may, at its option: (i) suspend any obligation to pay any City capital partnership funds to YMCA; or (ii) terminate this Agreement and cumulatively pursue any and all remedies available to it in law or in equity. SECTION 5 FORCE MAJEURE 5.1 If either Party is unable, either in whole or part, to fitlfill its obligations linder this Agreement due to acts of God; strikes, lockouts, or other industrial disturbances; acts of public enemies; wars; blocicades; insunections; riots; pandemics and epidemics; public health crises; earthqualces; fu•es; floods; restraints or prohibitions by any court, board, department, commission, or agency of the United States or of any state; declaration of a state of disaster or emergency by the federal, state, county, or City government in accordance with applicable law; issuance of an Imminent Threat Alert or Elevated Threat Aleit by the United States Department of Homeland Security or any equivalent alert system that may be instituted by any agency of the United States; any arrests and restraints; civil disturbances; or explosions; or some other reason beyond the Party's reasonable control (collectively, "Force Majeure Event"), the obligations so affected by such Force Majeure Event will be suspended only during the continuance of such Force Majeure Event. The YMCA hereby waives any claims it may have against the City for damages resulting from any such Force Majeure Event. YMCA of Metropolitan Fort Worth Support Agreement Page 3 of 12 SECTION 6 AUDIT 6.1 YMCA agrees that City will, until the expiration of three (3) yeais after the expiration or tertnination of this Agreement, or the final conclusion of any audit commenced during the said three years, have access to and the right to examine at reasonable times any directly pertinent boolcs, documents, papers and records, including, but not limited to, all electronic records, of YMCA invoiving transactions relating to this Agreement at no additional cost to City. YMCA agrees that City will have reasonable access during noimal working hours to all necessaiy YMCA facilities and will be provided adequate and appropriate work space in order to conduct audits in compliance with the provisions of this section. City will give YMCA reasonable advance notice of intended audits. � SECTION 7 INDEPENDENT CONTRACTOR 7.1 It is expressly understood and agreed that YMCA will operate as an independent contractor as to all rights and privileges and work performed under this Agreement, and not as agent, representative or employee of City. Subject to and in accordance with the conditions and provisions of this Agreement, YMCA will have the exclusive right to control the details of its operations and activities and be solely responsible for the acts and omissions of its officers, agents, servants, employees, contractors, and subcontractors. YMCA acknowledges that the doctrine of respof�deat superiof� will not apply as between City, its officers, agents, servants and employees, and YMCA, its officers, agents, employees, seivants, contractors, and subcontractors. YMCA further agrees that nothing herein will be constiued as the creation of a partnership or joint enterprise between City and YMCA. It is further understood that City will in no way be considered a Co-employer or a Joint employer of YMCA or any officers, agents, servants, employees, contractors, or subcontractors. Neither YMCA, nor any officers, agents, servants, employees, contractors, or subcontractors of YMCA will be entitled to any employment benefits from City. YMCA will be responsible and liable for any and all payment and reporting of taxes on behalf of itself, and any of its officers, agents, servants, employees, or contractors. SECTION 8 INDEMINICATION 8.1 The Parties acknowledge that this Agreement is strictly intended to help fund the renovation of the Aquatics Facility and that nothing herein shall be construed as creating a partnership, agency relationship, or joint venture between the City and YMCA. YMCA shall be liable and responsible for any and all property loss, property damage, and personal injury related to the Aquatics Facility and this Agreement. In no event shall the City be liable in any manner to YMCA or any other Party as a result of the acts or omissions of YMCA, its agents, employees, representatives, d'u•ectors, contractors, invitees, or licensees. 8.2 YMCA COVENANTS AND AGREES TO AND DOES HEREBY INDEMNIFY, HOLD HARMLESS, AND DEFEND, AT ITS OWN EXPENSE, CITY, ITS OFFICERS, REPRESENTATIVES, SERVANTS, AGENTS, AND EMPLOYEES FROM YMCA of Metropolitan Fort Worth Support Agreement Page 4 of 12 AND AGAINST ANY AND ALL CLAIMS, LAWSUITS, ACTIONS, COSTS, AND EXPENSES OF ANY KIND OR CHARACTER, INCLUDING, BUT NOT LIMITED TO, THOSE FOR PROPERTY LOSS OR DAMAGE AND PERSONAL INJURY, INCLUDING, BUT NOT LIMITED TO, DEATH, ("CLAIMS") THAT MAY RELATE TO, ARISE OUT OF, OR BE OCCASIONED BY ANY ACTS OR OMISSIONS OF YMCA, OR ITS OFFICERS, REPRESENTATIVES, AGENTS, EMPLOYEES, CONTRACTORS, INVITEES, VOLUNT�ERS, OR LICENSEES RELATED TO THIS AGREEMENT AND THE AQUATICS FACILITY, EXCLUDING ANY ALLEGED GROSS NEGLIGENCE OF OFFICERS, AGENTS, SERVANTS, EMPLOYEES, REPRESENTATIVES, CONTRACTORS OR SUBCONTRACTORS OT CITY. 8.3 YMCA HER�BY ASSUMES ALL LIABILITY AND RESPONSIBILITY OF CITY AND ITS OFFICERS, REPRESENTATTVES, AGENTS, SERVANTS, AND EMPLOYEES FOR ANY AND ALL CLAIMS OF WHATSOEVER KIND OR CHARACTER, WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION WITH THE EXECUTION, PERFORMANCE, ATTEMPTED PERFORMANCE OR NONPERFORMANCE OF THIS AGREEMENT AND THE OPERATIONS, ACTIVITIES AND SERVICES DESCRIBED HEREIN AT THE AQUATICS FACILITY, EXCLUDING ANY ALLEGED GROSS NEGLIGENCE OF OFFICERS, AGENTS, SERVANTS, EMPLOYEES, REPRESENTATIVES, CONTRACTORS OR SUBCONTRACTORS OF CITY. 8.4 YMCA AGREES TO AND SHALL RELEASE CITY, ITS AGENTS, EMPLOYEES, OFFICERS, REPRESENTATIVES, AND LEGAL REPRESENTATiVES FROM ALL LIABILITY FOR INJURY, DEATH, DAMAGE OR LOSS TO PERSONS OR PROPERTY SUSTAINED IN CONNECTION WITH OR INCIDENTAL TO PERFORMANCE UNDER THIS AGREEMENT AND THE AQUATICS FACILITY. 8.5 This section shall survive the expiration or termination of this Agreement. SECTION 9 CHARITABLE IMMUNITY 9.1 If YMCA, as a charitable or non-profit organization, has or claims an immunity or exemption (statutoiy or otherwise) fi•om and against liability for damages or injury, including bLrt not limited to, death, to persons or propei�ty, YMCA hereby expressly waives its right to plead defensively such immunity or exemption against City related to the Aquatics Facility. This waiver is (i) only as to claims by the City and will not apply to claims by third parties against the YMCA; and (ii) does not apply to immunity from liability for volunteers granted under Section 84.004 of the Texas Civil Practices and Remedies Code. SECTION 10 NOTICES 10.1 Notices requu•ed pursuant to the provisions of this Agreement will be conclusively determined to have been delivered when (1) hand-delivered to the other Party, its agents, employees, servants or representatives, (2) delivered by facsimile with electronic confumation of YMCA of Metropolitan Fort Worth Support Agreement Page 5 of 12 the transmission, or (3) received by the other Party by United States Mail, registered, return receipt requested, addressed as follows: CITY: YMCA: City of Fort Worth YMCA of Metropolitan Fort Worth Parlc & Recreation Department Milce E. Brown Jr., 4200 South Freeway, Suite 2200 President & CEO Fort Worth, TX 76115 512 Lamar St., Suite 400 Fort Worth, TX 76102 and City of Fort Worth Attn: Assistant City Manager 100 Fort Worth Trail Fort Worth, TX 76102-6314 Facsimile: (817) 392-8654 With copy to Fort Worth City Attorney's Office at same address. SECTION 11 GOVERNMENTAL POWERS 11.1 It is understood and agreed that by execution of this Agreement, City does not waive or surrender any of its governmental powers or immunities. SECTION 12 NO WAIVER 12.1 The faihire of City or YMCA to insist upon the performance of any term or provision of this Agreement or to exercise any right granted herein does not constitute a waiver of City's or YMCA's respective right to insist upon appropriate performance or to assert any such right on any future occasion. SECTION 13 GOVERNING LAW / VENUE 13.1 This Agreement will be constiued in accordance with the laws of the State of Texas. If any action, whetherreal or asserted, at law or in equity, is brought pursuant to this Agreement, venue for such action will lie in state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas, Foi�t Worth Division. YMCA of Metropolitan Fort Worth Support Agreement Page 6 of 12 SECTION 14 SEVERABILITY 14.1 If any provision of this Agreement is held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired. SECTION 15 HEADINGS NOT CONTROLLING 15.1 Headings and titles used in this Agreement are for reference purposes only, will not be deemed a part of this Agreement, and are not intended to define or limit the scope of any provision of this Agreement. SECTION 16 REVIEW OF COUNSEL 16.1 The Parties acicnowledge that each Party and its counsel have reviewed and revised this Agreement and that the normal rules of constniction to the effect that any ambiguities are to be resolved against the drafting Party will not be employed in the interpretation of this Agreement or Exhibits contained herein. SECTION 17 AMENDMENTS / MODIFICATIONS / EXTENSIONS 17,1 No amendment, modification, or extension of this Agreement will be binding upon a Party hereto unless set forth in a written instrument, which is executed by an authorized representative of each Party. SECTION 18 COUNTERPARTS 18.1 This Agreement may be executed in one or more counterparts and each counterpart will, for all purposes, be deemed an original, but all such counterparts will together constitute one and the same instiument. SECTION 19 IMMIGRATION NATIONALITY ACT 19.1 YMCA must verify the identity and employment eligibility of its employees who perform worlc under this Agreement, including completing the Employment Eligibility Verification Form (I-9). Upon request by City, YMCA will provide City with copies of all I-9 foi�rns and supporting eligibility documentation for each employee who performs worlc under this Agreement and the Aquatics Facility. YMCA must adhere to all Federal and State laws as well as establish appropriate procedures and controls so that no services will be performed by any YMCA YMCA of Metropolitan Fort Worth Support Agreement Page 7 of 12 employee who is not legally eligible to perform such services. YMCA WILL INDEMNIFY CITY AND HOLD CITY HARMLESS FROM ANY PENALTIES, LIABILITIES, OR LOSSES DUE TO VIOLATIONS OF THIS PARAGRAPH BY YMCA, YMCA'S EMPLOYEES, CONTRACTORS, SUBCONTRACTORS, OR AGENTS. City, upon written notice to YMCA, will have the right to immediately terminate this Agreement for violations of this provision by YMCA, subject to YMCA's opportunity to cure. SECTION 20 SIGNATURE AUTHORITY 20.1 The person signing this Agreement hereby warrants that they have the legal authority to execute this Agreement on behalf of the respective Party, and that such binding authority has been granted by proper order, resolution, ordinance or other authorization of the entity. This Agreement and any amendment hereto, may be executed by any authorized representative of YMCA. Each Party is fiilly entitled to rely on these wai7•anties and representations in entering into this Agreement or any amendment hereto. SECTION 21 CHANGE IN COMPANY NAME OR OWNERSHIP 21.1 YMCA must notify City's Purchasing Manager, in writing, of a company name, ownership, or address change for the purpose of maintaining updated City records. The president of YMCA or authorized official must sign the letter. A letter indicating changes in a company name or ownership must be accompanied with supportuig legal documentation such as an updated W-9, documents filed with the state indicating such change, copy of the board of director's resolution approving the action, or an executed merger or acquisition agreement. Failure toprovide the specified documentation so may adversely impact future invoice payments. SECTION 22 NO BOYCOTT OF ISRAEL 22.1 If YMCA has fewer than 10 employees or this Agreement is for less than $100,000, this section does not apply. YMCA acicnowledges that in accordance with Chapter 2271 of the Texas Goveinment Code, the City is prohibited from entering into a contract with a company for goods or seivices unless the contract contains a written verification from the company that it: (1) does not boycott Israel; and (2) will not boycott Israel during the tei�rn of the contract. The terms "boycott Israel" and "company" has the meanings ascribed to those terms in Section 2271 of the Texas Government Code. By signing this Agreement, YMCA certifies that YMCA's signature provides written verification to the City that YMCA: (1) does not boycott Israel; and (2) will not boycott Israel during the term of the Agreement. SECTION 23 PROHIBITION ON BOYCOTTING ENERGY COMPANIES. 23.1 YMCA acicnowledges that in accordance with Chapter 2276 of the Texas Government Code, the City is prohibited from entering into a contract for goods or services that has a value of $100,000 or more that is to be paid wholly or partly from public funds of the City with a company with 10 or more full-time employees unless the contract contains a written YMCA of Metropolitan Fort Worth Suppoit Agreement Page 8 of 12 verification from the YMCA that it: (1) does not boycott energy companies; and (2) will not boycott energy companies during the term of this Agreement. To the extent that Chapter 22'76 of the Goveinment Code is applicable to this Agreement, by signing this Agreement, YMCA certifies that YMCA's signature provides written verification to the City that YMCA: (1) does not boycott energy companies; and (2) will not boycott energy companies during the term of this Agreement. SECTION 24 PROHIBITION ON DISCRIMINATION AGAINST FIREARM AND AMMUNITION INDUSTRIES. 24.1 YMCA acicnowledges that except as othervvise provided by Chapter 2274 of the Texas Government Code, the City is prohibited from entering into a contract for goods or services that has a vahie of $100,000 or more that is to be paid wholly or partly from public fiinds of the City with a company with 10 or more fu11-time employees unless the contract contains a written verification from the YMCAthat it: (1) doesnot have apractice, policy, guidance, or• directive that discriminates against a firearm entity or firearm trade association; and (2) will not discriminate during the term of the contract against a fu�earm entity or firearm trade association. To the extent that Chapter 2274 of the Govenzment Code is applicable to this Agreement, by si�ning this Agreement, YMCA certifies that YMCA's signature provides written verification to the City that YMCA: (1) does not have a practice, policy, guidance, or duective that discriminates against a fireaim entity or firea�7n trade association; and (2) will not discriminate against a fuea�m entity or firearm trade association during the term of this Agreement. SECTION 25 ELECTRONIC SIGNATURES 25.1 This Agreement may be executed by electronic signature, which will be considered as an original signature for all purposes and have the same force and effect as an original signature. For these purposes, "electronic signature" means electronically scanned and transmitted versions (e.g. via pdf file or facsimile transmission) of an original signature, or signatures electronically inserted via software such as Adobe Sign. SECTION 26 ENTIRETY OF AGREEMENT 26.1 This Agreement contains the entire understanding and agreement between City and YMCA, their assigns and successors in interest, as to the matters contained herein. Any prior or contemporaneous oral or written agreement is hereby declared null and void to the extent in conflict with any provision of this Agreement. (Signatures orr following page) YMCA of Metropolitan Fort Worth Support Agreement Page 9 of 12 IN WITNESS WHEREOF, the Parties hereto have executed this Agreement in multiples. City: By: Name:.3� QVt0. jjur9 Title: Assistant City Manager Date: ��jl� � FOR CITY OF FORT WORTH INTERNAL PROCESSES: YMCA of Metropolitan Fort Worth '�i Support Agreement � .,�,.;; ,;�;'��4�. i�EC������ i c�,�i� SE��ETAR�" �� ��'� V!lORY�l� Y� YMCA: By: " �� �.��l�it- • � � �1.�2.� Name: Kristen J. Lee Title: Chief Finance & Administration Officer Date: C) l ( 'L�- 'l-��? '� Page 10 of 12 Approval Recommended: Dave Lewis Deputy Director Park & Recreation Department _ By: Name: Title: Contract Compliance Manager: By signing I acicnowledge that I am the person responsible for the monitoring and administration of this contract, inchtding ensuring all performance and reporting requirements. %1 ��X�, `l�� . / , BY� -�-- �i - ------�-==---- Name: Monique i� Title: Assistant Director Park & Recreation Department BY' — -- v---� / C/ Name: oel cKnight Title: Assistant D'u�ector Park & Recreation Department Approved as to Form and Legality By; --.,�''�- /l.2-��"�------ -------- Name: Matthew A. M rrafi y Title: Assistant City Attorney City Secretary: By: Nam : Jannette S. Goodall Title: City Secretary ,o.�0'�4��n�t .h,q'�OR'�h � Contract Authorization: M&C: M&C 24-0078 / January 23, 2024 Form 1295: 2023-1101886 YMCA of Metropolitan Fort Worth `' ''iUF����L �E�o��� Support Agreement ', ;{,�� �jj���E'��}�1�f i.��� HH �l� tl SbD �/n1 Pagellofl2 EXHIBIT A AQUATICS FACILITY YMCA of Metropolitan Fort Worth Support Agreement Page 12 of 12 Lot l, Block 1, Hilltop Acres Addition and 0.129 acre out of William S. Sublett Survey, A-1443, City of Fort Worth, Tai�rant County, Texas PROMISSORY NOTE Effective Date: December 23, 2024 Borrower: Young Men's Christian Association of Metropolitan Fort Worth, a Texas non-profit corporation Borrower's Mailing Address: Young Men's Christian Association of Metropolitan Fort Worth Attn: Mike E. Brown Ji•., President & CEO 512 Lamar Street, Suite 400 Fort Worth, Texas 76102 Lender: City of Fort Worth, Texas, a Texas municipal corporation Place for Payment: City of Fort Worth Park & Recreation Department 4200 South Freeway, Suite 2200 Fort Worth, Texas 76115 or at any other place that Lender may designate in writing Principal Amount: $250,000.00 Loan Authority: The loan evidenced by this Note (the "Loan") is being made pursuant to the Support Agreement entered into on even date between Lender and Borrower (City Secretary Contract Number )(the "Contract"), as approved by the Fort Worth City Council on Jamiary 23, 2024 through Mayor and Council Communication 24-0078. Annual Interest Rate: 0% Maturity Date: December 22, 2029. Annual Interest Rate on Matured, Unpaid Amounts: 0% Terms of Payment (principal and interest): Capitalized terms not defined herein shall have meanings assigned to them in the Contract. The Pi�incipai Amount is a forgivable deferred payment amortized loan, automatically forgivable, without any further action by Borrower or Lender, annually in accordance with the debt forgiveness schedule attached hereto as Exhibit "A." Payment of the unforgiven PROMISSORY NOTE . Page 1 YNICA of Metropolitan Fort Worth Southeast Aquatics Center portion of the Principal Amount will only be required if Borrower does not comply with the terms of the Contract, or the terms of this Note and any instniment evidencing or securing the Loan (collectively, the "Loan Documents"), subject to any applicable cure period set forth in the foregoing documents. This Note is the Note required in the Contract and has been executed and delivered in accordance with its terms. The Contract requires that Bonower to fulfill certain requuements as more particularly defined in the Contract ("City Requirements"), including but not limited to: 1. Construction of the Improvements, as defined in the Contract, must be complete and the Improvements opened for use by December 31, 2024; and 2. Measurables must be met to ensure the public purpose is fulfilled, including: a. The Improvements must be available to the general public at a fee identical to or less than those charged for the City of Fort Worth pools. The Loan evidenced by this Note and the obligations described in the Contract pertaining to the City Requirements will be in default and the that unforgiven portion of the Principal Amount, and any other sums due hereunder may be declared immediately payable if the City Requirements are not met and remedied, all as more particularly defined in the Contract. In the event of such default, Lender may invoke any remedies provided in the Contract or the Deed of Trust for default, On performance of the obligations described in the Contract and the terms and conditions of the Loan Documents, the Loan will be fully forgiven on the date that is the fifth anniversary of the Effective Date of this Note. Security for Payment: This Note is secured by a Deed of Trust of even date from Borrower to Matthew A. Murray or Leslie L. Hunt, Tiustee, which covers the real property as more particularly described by metes and bounds on Exhibit "B", attached hereto for all purposes (the "Property"). Other Security for Payment: None If the any of the Principal Amount is not forgiven, Bar-rower promises to pay to the order of Lender that certain unforgiven portion of the Principal Amount. In that event, this Note is payable at the Place for Payment and according to the Terms of Payment. All unpaid amounts are due by the Maturity Date. After maturity, Boi7•ower promises to pay any unpaid principal balance plus interest at the Annual Interest Rate on Matured, Unpaid Amounts. If Bon•ower defaults in the payment of this Note or in the performance of its obligations under the Contract or any other obligation in any instniment securing or collateral to this Note, PROMISSORY NOTE . Page 2 YMCA of Metropolitan Fort Worth Southeast Aquatics Center Lender may declare the unforgiven unpaid pruicipal balance, earned interest, and any other amounts owed on the Note immediately due and payable. Borrower and each surety, endorser, and guarantor waive all demand for payment, presentation for payment, notice of intention to accelerate matltrity, notice of acceleration of matm•ity, protest, and notice of protest, to the extent permitted by law. Notwithstanding anything to the contrary, if an event of default occurs under the terms of any of the Loan Documents, prior to exercising any remedies, Lender shall give Bonower written notice of such default. Borrower shall have a period of thirty (30) days after such notice is given within which to cure the default pi�ior to exercise of remedies by Lender under the Loan Documents, provided, however, that (i) if Borrower reasonably cannot perform or comply with any such obligation within such thirty (30) day period and if, in Lender's reasonable judgment, Lender's security will not be impaired, then Borrower may have such additional time to rectify such failure as Boi7•ower reasonably may requu-e, provided and for so long as Borrower proceeds with due diligence, and (ii) if, in Lender's reasonable judgment, Lender's security will be impaired if Borrower does not perform or comply with any such obligation in a period of less than thirty (30) days, Borrower will have only such period (if any) following demand in which to rectify such faihire as Lender may reasonably specify. Borrower also promises to pay reasonable attorney's fees and court and other costs if this Note is placed in the hands of an attorney to collect or enforce the Note. These expenses will bear interest from the date of advance at the Annual Interest Rate on Matured, Unpaid Amounts. Borrower will pay Lender these expenses and interest on demand at the Place for Payment. These expenses and interest will become part of the debt evidenced by the Note and will be secured by any security for payment. Interest on the debt evidenced by this Note will not exceed the maximum rate or amount of non-usurious interest that may be contracted for, talcen, reserved, charged, or received under law. Any interest in excess of that maximum amount will be credited on the Principal Amount ar, if the Principal Amount has been paid, refunded. On any acceleration or requu•ed or permitted prepayment, any excess interest will be canceled automatically as of the acceleration or prepayment or, if the excess interest has already been paid, credited on the Principal Amount or, if the Principal Amount has been paid, refunded. This provision overrides any conflicting provisions in this Note and all other ulstruments concernuig the debt. Each Borrower is responsible for all obligations represented by this Note. When the context requires, singular nouns and pronouns include the plural. The execution and delivery of this Note are required under the Contract. I f any provision of this Note conflicts with any provision of the Contract, the Deed of Tiust, or any other document evidencing the same transaction between Lender and Boi7•ower, the provisions of the Contract will govern to the extent of the conflict. Capitalized terms not defined herein shall have meanings assigned to them in the Contract. PROMISSORY NOTE . Page 3 YMCA of Metropolitan Fort Worth Southeast Aquatics Center This Note will be constnied under tlie laws of the state of Texas without regard to choice-of-law iules of any jurisdiction. This Note is a nonrecourse obligation of Boi7•ower. Neither Borrower nor any other party shall have any personal liability for repayment of the Loan described in the Contract. The sole recourse of Lender under the Loan Documents for repayment of the Loan shall be the exercise of its rights against the Security for Payment. THE CONTRACT, THE NOTE AND THE DEED OF TRUST CONSTITUTE TI� I�'INAL AGREEMENT OF THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. YOUNG MEN'S CHRISTIAN ASSOCIATION OF METROPOLITAN FORT WORTH, a Texas Non-Profit Corporation By: 1 _ 0 �-�..m--- Name: �''1`5 �it , a {.c . Title: ' e �` 't�t.��Wt, (it (�F`�`� � � � PROMISSORY NOTE . Page 4 YMCA of Metropolitan Fort Worth Southeast Aquatics Center EXHIBIT "A" Debt Forgiveness Schedule FORGIVENESS SCHEDULE For�iven Year 1 $50,000 forgiven on December 22, 2025 Yeai• 2 $50,000 forgiven on December 22, 2026 Year 3 $50,000 forgiven on December 22, 2027 Year 4 $50,000 forgiven on December 22, 2028 Year 5 $50,000 forgiven on December 22, 2029 B alance $200,000.00 $150,000.00 $100,000.00 $50,000.00 $0.00 PROMISSORY NOTE . Page 5 YMCA of Meh•opolitan Fort Worth Southeast Aquatics Center EXHIBIT "B" Legal Description Lot 1, Blocic 1, Hilltop Acres Addition and 0.129 acre out of William S. Sublett Survey, A-1443, City of Fort Worth, Tarrant County, Texas PROMISSORY NOTE . Page 6 YMCA of Metropolitan Fort Worth Southeast Aquatics Center NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. Deed of Trust to Secure Payment and Performance Security Agreement - Financing Statement City Funds Terms Date: December 23, 2024 Grantor: Young Men's Christian Association of Metropolitan Fort Worth, a Texas non-profit corporation Grantor's Mailing Address: Young Men's Christian Association of Metropolitan Fort Worth Attn: Milce E. Brown Jr., President & CEO 512 Lamar Street, Suite 400 Fort Worth, Tarrant County, Texas 76102 Trustee: Matthew A. Mui�ay or Leslie L. Hunt Trustee's Mailing Address: City Attorney's Ofiice City of Fort Worth 100 Fort Worth Trail Fort Worth, Tarrant County, Texas 76102 Tan•ant County Lender: City of Fort Worth, a Texas municipal corporation Lender's Mailing Address: City of Fort Worth Park & Recreation Department 4200 South Freeway, Suite 2200 Fort Worth, Tarrant County, Texas 76115 DEED OF TRUST — CITY FIJNDS Page 1 YMCA of Metropolitan Fort Worth Southeast Aquatics Center Loan Authority: The loan evidenced by the Note (the "Loan") and secured by this Deed of Tnxst Security Agreement — Financing Statemeut ("Deed of Trust") is being made pursuant to the Support Agreement entered into on even date between Lender and Grantor (City Secretary Contract Number )(the "Contract"), as approved by the Fort Worth City Council on Januaiy 23, 2024 through Mayor and Council Communication 24-0078, and the Promissory Note of even date herewith. The Loan, Deed of Tnist, and Conh•act are refei7ed to herein collectively as the "Loan Documents". Obligations: Note Date: December 23, 2024 Original Principal Amount; Borrower: Lender: Terms of Payment: Maturity Date: $250,000.00 YMCA of Metropolitan Fort Worth City of Fort Worth As provided in the Note As provided in the Note Property (including any improvements): As more particularly described in the attached Exhibit "A," incorporated herein for all purposes. Together with the following personal property: All iixtures, supplies, building materials, and other goods of every nature now or hereafter located, used, or intended to be located or used on the Property; All plans and specifications for development of or constniction of improvements on the Property; All contracts and subcontracts relating to the construction of improvements on the Propei�ty; All pei�rnits, licenses, franchises, certificates, and other rights and privileges obtained in connection with the Property; and All products and proceeds of the foregoing. DEED OF TRUST — CITY FUNDS Page 2 YMCA of Metropolitan Fort Worth Southeast Aquatics Center Notwithstanding any other provision in this Deed of Trust, the term "Property" does not include personal effects used primarily for personal, family, or household purposes. Prior Liens: None Other Exceptions to Conveyance and Warranty: Easements, licenses, rights-of-way, and prescriptive rights, whether of record or not; all presently recorded and validly existing recorded instiuments other than conveyances of the surface fee estate that affect the Property; liens described in this Deed of Til.tst; and, taxes for the current year. For value received and to secure performance of the Obligations, Grantor conveys the Property to Trustee in trust. Grantor warrants and agrees to defend the title to the Property, subject to the Other Exceptions to Conveyance and Wananty. On performance of the Obligations including payment, or full forgiveness, of the Loan, if required by the Note and Contract and all other amounts secured by this Deed of Trust, this Deed of Trust will have no further effect, and Lender will release it at Grantor's expense. Clauses and Covenants A. Grantor's Obligations Grantor agrees to- lceep the Property in good condition and repair; 2. pay all taxes and assessments on the Property before delinquency, and not authorize a taxing entity to transfer its tax lien on the Property to anyone other than Lender; 3. defend title to the Property subject to the Other Exceptions to Conveyance and Warranty and preserve the lien's priority as it is established in this Deed of Trust; 4. obey all laws, ordinances, and restrictive covenants applicable to the Property; 5, maintain all insurance coverages with respect to the Property, revenues generated by the Property, and operations on the Property that Lender reasonably requires ("Required Insurance Coverages"), issued by insurers and written on policy forms acceptable to Lender, and deliver evidence of the Required Insurance Coverages in a form acceptable to Lender at least ten (10) days before the expiration of the Required Insurance Coverages. DEED OF TRUST — CITY FUNDS Page 3 YMCA of Metropolitan Fort Worth Southeast Aquatics Center 6. lceep any buildings occupied as required by the Required Insurance Coverages; 7. obey all laws, ordinances, and restrictive covenants applicable to the Property; 8. if the lien of this Deed of Trust is not a first lien, pay or cause to be paid all prior lien notes put�suant to their respective terms and abide by or cal�se to be abided by all prior lien instruments; 9. notify Lender in writing of any change of address; and 10. perform and fulfill certain requirements as more particularly defined in the Contract, including but not limited to: 1. Construction of the Improvements, as deiined in the Contract, must be complete and the Improvements opened for use by December 31, 2024; and 2. Measurables must be met to ensure the public purpose is fulfilled, including: a, The Improvements must be available to the general public at a fee identical to or less than those charged for the City of Fort Worth pools. Grantor agrees not to do or permit anything to be done that will impair the security of this Deed of Trust. B. Lender's Rights 1. Lender or Lender's mortgage seivicer may appoint in writing a substitute trustee, succeeding to all rights and responsibilities of Trustee. 2. If the proceeds of the Loan are used to pay any debt secured by prior liens, Lender is subrogated to all the rights and liens of the holders of any debt so paid. 3. Notwithstanding the terms of the Note to the contrary, and unless applicable law prohibits, all payments received by Lender from Grantor with respect to the Obligations or this Deed of Trust may, at Lender's discretion, be applied first to amounts payable under this Deed of Trust and then to amounts due and payable to Lender with respect to the Obligations, to be applied to late charges, principal, or interest in the order Lender in its discretion determines. DEED OF TRUST — CITY FiJNDS Page 4 YMCA of Metropolitan Fort Worth Southeast Aquatics Center 4. If Grantor fails to perform any of Grantor's Obligations under this Deed of Tiust, subject to prior written notice and cure period, Lendei• may perform those obligations and be reimbursed by Grantor on demand for any amounts so paid, including reasonable attorney's fees, phis interest on those amounts fi�om the dates of payment at the rate stated in the Note for matured, unpaid amounts. The amount to be reimbursed will be secured by this Deed of Tilist. 5. If there is a default on the Obligations oi- if Grantor fails to perform any of Grantor's Obligations under this Deed of Trust and the default continues after any required notice of the default and the time allowed to cure, Lender may: a. declare any unfoi•given principal balance and earned interest on the Obligations immediately due; b. direct Trustee to foreclose this lien, in which case Lender or Lender's agent will cause notice of the foreclosure sale to be given as provided by the Texas Property Code as then in effect; and c. purchase the Property at any foreclosure sale by offering the highest bid and then have the bid credited on the Obligations. Notwithstanding anything to the contrary, if an event of default occurs under the terms of any of the Loan Documents, prior to exercising any remedies Lender shall give Grantor written notice of such default. Grantor shall have a period of thirty (30) days after such notice is given within which to cure the default prior to exercise of remedies by Lender under the Loan Documents, provided, however, that (i) if Grantor reasonably cannot perform or comply with any such obligation within such thirty (30) day period and if, in Lender's reasonable judgment, Lender's security will not be impaired, then Grantor may have such additional time to rectify such failure as Grantor reasonably may require, provided and for so long as Grantor proceeds with due diligence, and (ii) if, in Lender's reasonable judgment, Lender's security will be impaired if Grantor does not perform or comply with any such obligation in a period of less than thirty (30) days, Grantor will have only such period (if any) following demand in which to rectify such failure as Lender may reasonably specify Notices given to Grantor shall be in writing and delivered to the address listed above, or to such other address as Grantor designates by written notice to Lender. Each such notice or other communication shail be effective on the date of receipt when sent by U. S. Mail, postage prepaid, by certiiied mail, retui7i receipt requested ar by a nationally recognized overnight delivery seivice. 6. Lender may remedy any default without waiving it and may waive any default without waiving any prior or subsequent default. C. Trustee's Rights and Duties DEED OF TRUST — CITY FUNDS Page 5 YMCA of Metropolitan Fort Worth Southeast Aquatics Center If directed by Lender to foreclose this lien, Tiustee will: 1. either personally or by agent give notice of the foreclosure sale as required by the Texas Property Code as then in effect; 2, sell and convey all or part of the Property "AS IS" to the highest bidder for cash with a general warranty binding Grantor, subject to the Other Exceptions to Conveyance and Wairanty and without representation or wai7anty, express or implied, by Trustee; 3. from the proceeds of the sale, pay, in this order: a. expenses of foreclosure, including a reasonable commission to Trustee; b. to Lender, the full amount of principal, interest, reasonable attorney's fees, and other charges due and unpaid; any amounts required by law to be paid before payment to Grantor; d. to Grantor, any balance; and 4. be released by Lender against all costs, expenses, and liabilities incurred by Tiustee for acting in the execution or enforcement of the trust created by this Deed of Tiust, which includes all court and other costs, including reasonable attorney's fees, incurred by Trustee in defense of any action or proceeding talcen against Trustee in that capacity. D. General Provisions 1. If any of the Property is sold under this Deed of Trust, Grantor must immediately surrender possession to the purchaser. If Grantor fails to do so, Grantor will become a tenant at sufferance of the purchaser, subject to an action far forcible detainer. Further, in the event of foreclosure by Lender in accordance with its rights in the Loan Documents, the parties acknowledge that the change in ownership of the Property may t�igger a platting requirement for the Property, and, in such event, Grantor shall, at its sole cost and expense, pay for or reimburse the Lender for all expenses and costs related to the platting of the property, and shall cooperate with the Lender to obtain an approved final plat, whether before the transfer of ownership to Lender or, as necessary, after the transfer. 2. Recitals in any trustee's deed conveying the Property will be presumed to be true, absent evidence to the contrary. 3. Proceeding under this Deed of Tilist, filing suit for fot•eclosure, or ptusuing any other remedy will not constitute an election of remedies. DEED OF TRUST — CITY FUNDS Page 6 YMCA of Metropolitan Fort Woi�th Southeast Aquatics Center 4. This lien will remain superior to liens later created even if the time of payment of all or part of the Obligations is extended or part of the Property is released, unless a subordination agreement is executed by the Lender. 5. If any portion of the Obligations cannot be lawfully secured by this Deed of Tilist, payrrients will be applied first to discharge that portion. 6. Grantor assigns to Lender all amounts payable to or received by Grantor from condemnation of all or part of the Property, from private sale in lieu of condemnation, and fi•om damages caused by public worlcs or constluction on or near the Property. After deducting any expenses incurred, including reasonable attorney's fees and court and other costs, Lender will either release any remaining amounts to Grantor or apply such amounts to reduce the Obligations and any excess proceeds shall be paid to Grantor. Lender will not be liable for failure to collect or to exercise diligence in collecting any such amounts. Grantor will immediately give Lender notice of any actual or lmown threatened proceedings for condemnation of all or part of the Property. Notwithstanding the above, in the event of any fire or other casualty to the Property or eminent domain proceedings resulting in condemnation of the Property or any part thereof, Grantor shall have the right to rebuild the Property, and to use all available insurance or condemnation proceeds therefore, provided that (a) such proceeds are sufficient to keep the Obligations in balance and rebuild the Property in a manner that provides adequate security to Lender for repayment or performance of the Obligations or if such proceeds are insufficient then Grantor shall have funded any deiiciency, (b) subject to the rights of senior lien holders, Lender shall have the right to approve plans and specifications for any major rebuilding and the right to approve disbursements of insurance or condemnation proceeds far rebuilding under a construction escrow or similar arrangement, and (c) no material default then exists under the Loan documents other than attributable to casualty or condemnation. If the casualty or condemnation affects only part of the Property and total rebuilding is infeasible, then proceeds may be used for partial rebuilding and partial repayment of the Obligations in a manner that provides adequate security to Lender for repayment of the remaining balance of the Obligations, and any excess proceeds shall be paid to Grantor. 7. [Intentionally Reserved]. 8. Interest on the debt secured by this Deed of Trust will not exceed the maximum amount of non-usurious interest that may be contracted for, taken, reserved, charged, or received under law. Any interest in excess of that maximum amount will be credited on the principal of the debt or, if that has been paid, refunded. On any acceleration or required or permitted prepayment, any excess interest will be canceled automatically as of the acceleration or prepayment or, if already paid, credited on the principal of the debt or, if the principal of the debt has been paid, refiinded. This provision oveirides any conflicting provisions in this and all other instiuments concerning the debt. DEED OF TRUST — CITY FUNDS Page 7 YMCA of Metropolitan Fort Worth Southeast Aquatics Center 9. fi7 no event may this Deed of Trust secure payment of any debt that may not lawfully be secured by a lien on real estate or• create a lien otherwise prohibited by law, 10. When the context requires, singular nouns and pronouns include the plural. 11. The term Note inchldes all extensions, modifications, and renewals of the Note and all amounts secured by this Deed of Trust. 12. Grantor agrees to (a) lceep at Grantor's address, or such other place as Lender may approve, accounts and records reflecting the operation of the Property and copies of all written contracts, leases, and other instruments that affect the Property; and, (b) at Lender's request on reasonable notice from time to time, permit Lender to examine and malce copies of such boolcs, records, contracts, leases, and other instruments at any reasonable time. 13. [Intentionally Reserved]. 14. If Lender orders an appraisal of the Property while a default exists or to comply with legal requirements affecting Lender, Grantor, at Lender's request, agrees to reimburse Lender for the reasonable cost of any such appraisaL If Grantor fails to reimburse Lender for any such appraisal within twenty (20) days of Lender's written request, that failure is a default under this Deed of Trust. 15. Grantor agrees to allow Lender or Lender's agents to enter the Property during regular business hours upon at least forty-eight (48) hours' prior notice and inspect it and any personal property in which Lender is granted a security interest by this Deed of Trust. 16. Grantor may not sell, transfer, or otherwise dispose of any Property, whether voluntarily or by operation of law, except for condemnation or to obtain utility easements, without the prior written consent of Lender. If granted, consent may be conditioned upon (a) the grantee's integrity, reputation, character, creditworthiness, and management ability being satisfactory to Lender; and (b) the grantee's executing, before such sale, transfer, or other disposition, a written assumption agreement containing any terms Lender may reasonably require; such as a principal pay down on the Obligations, an increase in the rate of interest payable with respect to the Obligations, a transfer fee, or any other modification of the Note, this Deed of Tiust, or any other instiuments evidencing or securing the Obligations. Grantor may not cause or permit any Proper•ty to be encumbered by any liens, security interests, or encumbrances other than (i) the lien securing the Obligation and� (ii) the liens securing ad valorem taxes not yet due and payable, without the prior v�nitten consent of Lender. If granted, consent may be conditioned upon Grantor's executing, before granting such lien, a written modiiication agreement containing any terms Lender may i•equire, such as a principal pay down on the Obligations, an increase in the rate of interest DEED OF TRUST — CITY FUNDS Page 8 YMCA of Metropolitan Fort Worth Southeast Aquatics Center payable with respect to the Obligations, an approval fee, or any other modification of the Note, this Deed of Trust, or any other instiuments evidencing or securing the Obligations. Grantor may not grant any lien, security interest, or other encumbrance (a "Subordinate Instrument") covering the Property that is subordinate to the liens created by this Deed of Tilist without the prior written consent of Lender If granted, consent for loans and documents may be conditioned upon the Subordinate Instrument's containing express covenants to the effect that- a. the Subordinate Instrument is unconditionally subordinate to this Deed of Trust; b. if any action is instituted to foreclose or otherwise enforce the Subordinate Instrument, no action may be talcen that would terminate any occupancy or tenancy without the prior written consent of Lender, and that consent, if granted, may be conditioned in any manner Lender determines; c. rents, if collected by or for the hoider of the Subordinate Instrument, will be applied first to the payment of the Obligations then due and to expenses incurred in the ownership, operation, and maintenance of the Property in any order Lender may determine, before being applied to any indebtedness secured by the Subordinate Instrument; d. written notice of default under the Subordinate Instrument and written notice of the commencement of any action to foreclose or otherwise enforce the Subordinate Instrument must be given to Lender concurrently with or immediately after the occurrence of any such default or commencement; and in the event of the banlcruptcy of Grantor, all amounts due on or with respect to the Obligations and this Deed of Trust will be payabie in fiill before any payments on the indebtedness secured by the Subordinate Instrument. Grantor may not cause or permit any of the following events to occur without the prior written consent of Lender: if Grantor is (a) a corporation, the dissolutiorl of the corporation or the sale, pledge, encumbrance, or assignment of any shares of its stock; (b) a limited liability company, the dissolution of the company or the sale, pledge, encumbrance, or assignment of any of its membership interests, other than an assignment to a senior lien holder or to the Investor Member; (c) a general partnership or joint venture, the dissolution of the partnership or venture or the sale, pledge, encumbrance, or assignment of any of its partnership or joint venture interests, or the withdrawal fi�om or admission into it of any general partner or joint venturer; or (d) a limited partnership, (1) the dissolution of the partnership, (2) the sale, pledge, encumbrance, or assignment of any of its general pat�tnership interests, or the withdrawal from or admission into it of any DEED OF TRUST — CITY FUNDS Page 9 YMCA of Metropolitan Fort Worth Southeast Aquatics Center general partner, or (3) except for a limited partnership interest in a low income housing project, the withdrawal from or admission into it of any controlling limited partner or partners. If granted, consent may be conditioned upon (a) the integrity, repirtation, character, creditworthiness, and management ability of the person succeeding to the ownership interest in Grantor (or security interest in such ownership) being reasonably satisfactory to Lender; and (b) the execution, before such event, by the person succeeding to the interest of Grantor in the Property or ownership interest in Grantor (or security interest in such ownership) of a written modification or assumption agreement containing such terms as Lender may reasonably require, such as a principal pay down on the Obligations, an increase in the rate of interest payable with respect to the Obligations, a transfer fee, or• any other modification of the Note, this Deed of Trust, or any other instiuments evidencing or securing the Obligations. 1'7. Grantor ag1•ees not to grant any fut�ire lien or security interest in the Property or to pei�rnit any future junior encumbrance to be recorded or any existing or firture claim to otherwise become an encumbrance against the Property. If an involuntary encumbrance is filed against the Property, Grantor agrees, within thirty (30) days of actual notice, to either remove the involuntaiy encumbrance or insure against it or provide a bond acceptable to Lender against the involuntary encumbrance. 18. This Deed of Trust binds, benefits, and may be enforced by the successors in interest of all parties. 19. If Grantor and Borrower are not the same person, the term G�°a�itor• includes Borrower. � 20. Except as may be specifically stated in this Deed of Trust or the Note, Grantor and each surety, endorser, and guarantor of the Obiigations waive all demand for payment, presentation for payment, notice of intention to accelerate maturity, notice of acceleration of maturity, protest, and notice of protest, to the extent permitted by law. 21. Grantor agrees to pay reasonable attorney's fees, tiustee's fees, and court and other costs of enforcing Lender's rights under this Deed of Trust if this Deed of Trust is placed in the hands of an attorney for enforcement. 22. If any provision of this Deed of Trust is determined to be invalid or unenforceable, the validity or enforceability of any other provision will not be affected. 23. The term Lender includes any mortgage servicer for Lender. 24. Grantor represents that this Deed of Trust and the Note are given for the following purposes: DEED OF TRUST — CITY FUNDS Page 10 YMCA of Metropolitan Fort Worth Southeast Aquatics Center The debt evidenced by the Note is for the public purpose of providing quality, accessible, and cost-effective aquatics opportunities to the residents of Fort Worth in accordance with the City of Fort Worth's 2015 Parks, Recreation and Open Space Master Plan and the 2008 City-Wide Aquatics Master Plan (as amended in 2012), and is for the payment of funds for the renovation of a full service aquatic facility on the Property, to be open to residents of Fort Worth in a manner similar to other City aquatics facilities. The debt is secured by the Deed of Trust. 25. If the Property is transferred by foreclosure, the transferee will acquire title to all insurance policies on the Property including all paid but unearned premiums. 26. Grantor is entitled to partial releases fi•om the Deed of Trust as provided in the Contract between Grantor and Lender. E. Construction Loan Mortgage 1. This Deed of Trust is a"construction mortgage" within the meaning of Section 9.334 of the Texas Business and Coinmerce Code. The liens and security interests created and granted by this Deed of Trust secure an obligation incurred for the construction or rehabilitation of improvements on land. 2. Grantor agrees to comply with the terms, covenants and conditions of the Contract, which require the Note and this Deed of Trust. All advances made by Lender under the Contract and Note will be indebtedness of Grantor secured by the liens created by this Deed of Trust, and such advances are conditioned as provided in the Note and Contract. 3. All amounts disbursed by Lender before completion of the improvements to protect the security of this Deed of Trust up to the principal amount of the Note will be treated as disbursements under the Note. All such amounts will bear interest from the date of disbursement at the rate stated in the Note, unless collections from Grantor of interest at that rate would be contrary to applicable law, in which event such amounts will bear interest at the rate stated in the Note for matured, unpaid amounts and will be payable on notice fi•om Lender to Grantor requesting payment. 4. From time to time as Lender deems reasonably necessary to protect Lender's interests, Grantor will, on request of Lender, execute and deliver to Lender, in such form as Lender directs but subject to the rights of any senior lien holders, assignments of any and all rights or claims that relate to the const�-uction of improvements on the Property, 5. In case of breach by Grantor of the terms, covenants and conditions of the Contract, Lender, at its option, subject to applicable notice, grace and cure periods, with ar without entry on the Propei�ty, may (a) involce any of the rights or remedies provided in the Contract, (b) accelerate the amounts secured by this Deed of Trust and invoke the remedies provided in this Deed of Tiust, or (c) do both. DEED OF TRUST — CITY FUNDS Page 11 YMCA of Metropolitan Fort Worth Southeast Aquatics Center F. THIS CONVEYANCE IS MADE AND ACCEPTED SUBJECT TO THE FOLLOWING CONDITIONS AND RESTRICTIONS: The Note secured by this Deed of Trust is the Note required in the Contract between Grantor and Lender and has been executed and delivered in accordance with the Contract's terms. Grantor agrees to perform each and every obligation set forth therein and will not permit a default to occur thereunder. Any default in the performance of Grantor's obligations under the terms of the Contract shall be deemed a default in the terms of the Note and Lender may invoke any remedies provided herein for default. IF ANY PROVISION OF THIS DEED OF TRUST CONFLICTS WITH ANY PROVISION OF THE CONTRACT, THE NOTE, OR ANY OTHER DOCUMENT EVIDENCING THE SAME TRANSACTION BETWEEN LENDER AND GRANTOR, THE PROVISIONS OF THE CONTRACT WILL GOVERN TO THE EXTENT OF THE CONFLICT. THE CONTRACT, THE NOTE, AND THE DEED OF TRUST CONSTITUTE THE FINAL AGREEMENT OF THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. Young Men's Christian Association of Metropolitan Fort Worth, a Texas nonprofit corporation /, By: `��,����---, `��W.� Name: 'f�'l�I-�=t�� � C,��.�.� . r , r, � - - n �, Title: �-G'u �,�' �r2.�LGi.�B�b�=' i`��-�t,�-�-ir' STATE OF TEXAS § § COUNTY OF TARRANT § This instrument was acicnowledged before me on ��i`1�U�(%U�� ��� , 202�by_ �r�'���+n � , the ��ti�� � '� Y���C�, ��fi� o YMCA of Metropolitan Foi�t Worth, a Texas nonprofit corporation, on behalf of such corporation. DEED OF TRUST — CITY FUNDS Page 12 YMCA of Metropolitan Fort Worth Southeast Aquatics Center .F ` -- - �- -- r - - - - �``�����"'' STEPHANIE GARCIf1 _�} � _, :'( P� %/_ . �i...... O � 'O;'' ' o�Notary Public, State of Tex�s q =".'9•�•.,'FP; Comm. Expires 03-13-20?_7 ' II. 'i����F��,:�� ... I�Ot�fy In �I.��i2.rl��;��)�, AFTER RECORDING RETURN TO: City of Fort Worth City Attorney's Office Attention: Matthew A. Murray 100 Fort Worth Trail Fort Worth, Texas 76102 DEED OF TRUST — CITY FUNDS YMCA of Metropolitan Fort Worth Southeast Aquatics Center i i�� � ;' 1 ..- �� Notary Publi: , State of Texas Page 13 Exhibit "A" Lot 1, Blocic l, Hilltop Acres Addition and 0.129 acre out of William S. Sublett Survey, A-1443, City of Fort Worth, Tarrant County, Texas DEED OF TRUST — CITY FLTNDS Page 14 YMCA of Metropolitan Fort Worth Southeast Aquatics Center City of Fort Worth, Mayor and Texas Council Communication DATE: 01/23/24 M&C FILE NUMBER: M&C 24-0078 LOG NAME: 80EASTSIDE YMCA POOL PARTNERSHIP FUNDS SUBJECT (CD 5) Authorize an Agreement with the YMCA of Metropolitan Fort Worth to Provide Pool Admission at the Same or �ower Fees as City of Fort Worth Pools, Authorize Community Partnership Funds in the Amount of $250,000.00 in the Form of a Forgivable Loan to the YMCA of Metropolitan Fort Worth for Improvements to the Eastside YMCA Outdoor Pool, Adopt Appropriation Ordinance, and Amend the Fiscal Years 2024-2028 Capital Improvement Program RECOMMENDATION: It is recommended that the Ciiy Council: Authorize the City Manager, or designee, to enter into an agreement with the YMCA of Metropolitan Fort Worth to provide $250,000.00 in capital project funding in the form of a forgivable loan to the YMCA of Metropolitan Fort Worth for renovations to the Eastside YMCA outdoor pool, in exchange for public access to the pool at the same rate or less than current City of Fort Worth pools without requiring a YMCA membership to access the pool; Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the General Capital Projects Fund by increasing estimated receipts and appropriations in the Eastside YMCA Pool project (City Project No. 105287) in the amount of $250,000.00 and decreasing estimated receipts and appropriations in the Future Community Partnerships programmable project (City Project No. P00047) by the same amount; and Amend the Fiscal Years 2024-2028 Capital Improvement Program. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to request authorization to use Future Community Projects partnership funding for facility improvements at the Eastside YMCA. On November 10, 2023, the City of Fort Worfh received a request for $250,000.00 in community partnership funds from the YMCA of Metropolitan Fort Worth (the Y) to renovate the swimming pool at the Eastside YMCA, located at 1500 Sandy Lane, Fort Worth (76112). The Y has committed to revitalizing the location and has secured several funding sources in their efforts, including the organization budget, American Rescue Plan Act (ARPA) funds, and grants. In exchange for receiving partnership funds, the Y will open the Eastside pool to the public at the same fee the City charges for public access in perpetuity, and will not request any subsidy for operation or maintenance of the pool. The Future Community Partnerships project is a holding place for monies the City has committed to be available for use in conjunction with communiry partners for capital improvements. Funding for this project was not included in the Fiscal Years (FY) 2024-2028 Capital Improvement Program (CIP) since this request wasn't anticipated. This action in this M&C will amend the Fiscal Years 2024-2028 Capital Improvement Program as approved in connection with Ordinance 26453-09-2023, Section 7. Capital Improvements, as listed on page 27. Funding is available in the Future Communiry Partnerships Programmable project within the General Capital Projects Fund for the purpose of funding the remainder of the Eastside Y Pool Renovation. The Life to Date funding in the programmable project is: Capital Fund Name Project Name FY2024 Beginning Authority Budget FY2024 New Balance Adjustment Balance Future Communiry General Capital Projects Fund Partnerships- $1,704,620.50 This M&C ($250,000.00) $1,454,620.50 P00047 This Project is located in COUNCIL DISTRICT 5. FISCAL INFORMATION I CERTIFICATION: The Director of Finance certifies that funds are currently available in the Future Community Partnerships project within the General Capital Projects Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the General Capital Projects Fund for the Eastside YMCA Pool project to support the above recommendations and award of the agreement. Prior to an expenditure being incurred, the Park & Recreation Department has the responsibility of verifying the availabiliiy of funds. Submitted for City Manager's Office by: Jesica L. McEachern 5804 Originating Business Unit Head: Dave Lewis 5717 Additional Information Contact: Kelli Pickard 5461