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HomeMy WebLinkAboutContract 60021-A2CSCO NO. 60021-A2 TRANSPORTATION IMPACT FEE CREDIT AGREEMENT AMENDMENT AMENDMENT NO.2 TO CITY SECRETARY CONTRACT NO. 60021 WHEREAS, the City of Fort Worth ("City"), a Texas home rule municipal corporation, and GBTM Sendera LLC, a Delaware limited liability company authorized to do business in Texas ("Owner"), made and entered into a Transportation Impact Fee Credit Agreement, City Secretary Contract No. 60021, on 03/20/2023 (the "Agreement"), and has been further amended ("Amendment No. 1"), City Secretary Contract No. 60021 — A1, on 05/03/2024; and WHEREAS, the Owner received approval for construction plans (IPRC21-0082) on 02/17/2022, executed a Community Facilities Agreement (CFA21-0034, CSCO 57525) on 05/06/2022, and obtained final acceptance by the City for Cleburne Crowley Road, City Project Number 103489, on 10/27/2023; and WHEREAS, the Owner received approval for construction plans (IPRC22-0252) on 07/02/2023, executed a Community Facilities Agreement (CFA23-0115, CSCO 60500) on 11/17/2023, and obtained final acceptance by the City for South Hulen Street, City Project Number 104655, on 10/15/2024; WHEREAS, the Owner has dedicated 101,015 square feet of additional right-of-way for Cleburne Crowley Road with FP-22-155, recorded as Instrument D222282590, on 12/07/2022; and WHEREAS, the Owner has dedicated 123,100 square feet of additional right-of-way for South Hulen Street with FP-23-128, recorded as Instrument D224207415, on 11/18/2024; and WHEREAS, it has become necessary to execute this Amendment No. 2 to said Agreement to incorporate additional credits created by the dedication of Cleburne Crowley Road and South Hulen Street right-of-way by supplementing Exhibits "D" and "D-1" with the Exhibit "D-2" and supplementing Exhibits "E" and "E-l" with the Exhibit "E-2"; 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. Exhibits "D" and "D-l" to the amended Agreement shall be supplemented with Exhibit "D-2"attached hereto and incorporated herein by this reference. OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 1 of 12 Hulen Trail A2 7/23/2025 3. Exhibits "E" and "B-1" to the amended Agreement shall be supplemented by adding Exhibit "E-2", 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-22-008 A2 Page 2 of 12 Hulen Trail A2 7/23/2025 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 op� Jesica McEachem Assistant City Manager Date: Aug 8, 2025 Recommended By: Dalton Harrell (A6g4, 202517:02:01 CDT) DJ Harrell Director, Development Services Approved as to Form and Legality: Douglas Black (Aug 4, 2025 23:20:13 CDT) Douglas Black Assistant City Attorney M&C: None required Form 1295: None required ATTEST: ,04�44IlU� of FORT w°a pd4 ° ° '�9�P o- a_oXIZ,11111' OVSN o t y Ss (�\ �aad�anap5�4d Jannette Goodall City Secretary OWNER aid vked Clint Vincent (Jul 25, 2025 13:13:37 CDT) Clint Vincent Authorized Agent and Attorney 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. delfnifer R erts (Jul 23, 2025 13:20:02 CDT) Jennifer H. Roberts Assistant Director, Development Services Department OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 3 of 12 Hulen Trail A2 7/23/2025 EXHIBIT LIST "D-2" Eligible Transportation Improvements "B-2" Additional Credits Against Transportation Impact Fees Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 4 of 12 Hulen Trail A2 7/23/2025 AZUL� Q U a Q MEA EXHIBIT D-2 Additional Eligible Transportation Improvements CLEB HITCHING POST 'w FORT WORTH. Z Hulen Trail A2 o a GREYBE Eligible Transportation Improvements for Credit G against Transportation Impact Fees LYRE Key - Development Plan Area SN _ Roadway construction H' - Additional Roadway Construction . ygZY . w H04 4 2 O CJ U O a :ri &W CLE URNE Eligible Improvements Reference # Cleburne Crowley Road FP-22-155 South Hulen Street FP-23-128 Cleburne Crowley & S Hulen CFA21-0034 CSCO 57525 CPN 103489 IPRC21-0082 CSCO 60500 CFA-23-0115 CPN 104655 IPRC22-0252 Transportation Impact Fee Credit Agreement- CA-22-008 A2 Hulen Trail A2 W cc PENTRIDGE W �- J LRIDGEHURST S _. O Limits Right-of-way dedication Right-of-way dedication Construction of paving, drainage, and streetlights Construction of paving, drainage, and streetlights Page 5 of 12 , 7/23/2025 EXHIBIT E-2 Additional Credits Against Transportation Impact Fees Hulen Trails Transportation Impact Fee Credit Overview Value of ROW Dedication Instrument # Final Plat # Eligible Arterial Value D222282590 FP-22-155 Cleburne Crowley Road $876,810.20 D224207415 FS-23-128 South Hulen Street $306,519.00 TOTAL ROW TRANSPORTATION IMPACT FEE CREDIT $1,183,329.20 TrIF Eligible Community Facilities Agreement Construction - 100% Eligible City Secretary # CFA # Eligible Arterial Value CFA21-0034 CSCO 57525 CPN 103489 Cleburne Crowley Road $1,831,247.66 IPRC21-0082 CFA23-0115 CSCO 60500 CPN 104655 South Hulen Street $1,330,293.70 IPRC22-0252 Engineering, Surveying, and Material Testing = 20% of total eligible $632,308.27 construction costs TOTAL COMMUNITY FACILITIES AGREEMENT CREDIT $4,977,178.83 TOTAL TRANSPORTATION IMPACT FEE CREDIT ADDED BY T$4,977,178.83 HE AMENDMENT Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 6 of 12 Hulen Trail A2 7/23/2025 Right -of -Way Valuation for Hulen Trails Phase 4 Valuation Method 1- Percentage of TIP Project Cost Eligible Arterial Cleburne Crowley S Hulen 2022 Transportation Improvements Plan Project Number Y-26 Y-48 Estimated Construction Costs from 2022 Transportation $5,496,000 $1,738,000 Improvements Plan Value of Total Project Right -of -Way (20% of Construction $1,099,200 $347,600 Cost) Total Project Length (LF) 4,095 1,270 Arterial Cross -Section Width (LF) 80 110 Additional ROW needed for Roundabout (SF) 0 0 Total Project Right -of -Way (SF) 327600 139,700 Right -of -Way Value Per Square Foot $3.36 $2.49 Valuation Method 2 - Percentage of Construction Project Cost Eligible Arterial Cleburne Crowley S Hulen City Project Number 103489 104655 Final Construction Costs from Notice of Completion (Green $1,831,247.66 $1,330,294.00 Sheet) Value of Total Project Right -of -Way (20% of Construction $366,250 $266,059 Cost) Total Project Length (LF) 844 1392 Arterial Cross -Section Width (LF) 50 80 Additional ROW needed for Roundabout (SF) 0 0 Total Project Right -of -Way (SF) 42,198 111,360 Right -of -Way Value Per Square Foot $8.68 $2.39 Valuation Method 3 - TAD appraised value TAD Value as of 08/9/2023 Cleburne Crowley S Hulen TAD Account 3983803 42788976 Total Area (SF) 2,568,429 188,528 Appraised Value $1,481,100.00 $136,500.00 Value per Square Foot $0.58 $0.73 Right -of -Way Dedication Cleburne Crowley S Hulen Recording Instrument Number D222282590 D224207415 Final Plat Number FP-22-155 FS-23-128 Recording Date 12/6/2022 11/12/2024 Total area of ROW dedicated (SF) 101,015 123,100 Value per SF $8.68 $2.49 ROW Credit Available $876,810.20 $306,519.00 Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 7 of 12 Hulen Trail A2 7/23/2025 Hulen Trails Phase 4 Value of Eligible Community Facilities Agreement Construction, CPN 103489 Bid list Completed Eligible Item Description Unit Quantity Quantity Unit Price Credit Available No. UNIT III: DRAINAGE IMPROVEMENTS 1 Medium Riprap, Dry SY 359 174 $189.50 $32,973.00 2 Trench Safety LF 3,325 0 $1.00 $0.00 3 Concrete Collar EA 3 0 $400.00 $0.00 4 21 " RCP, Class III LF 394 95 $71.00 $6,745.00 5 24" RCP, Class III LF 943 49 $82.00 $4,018.00 6 36" RCP, Class III LF 1,050 0 $138.50 $0.00 7 42" RCP, Class III LF 169 0 $188.00 $0.00 8 4' Storm Junction Box EA 5 0 $6,900.00 $0.00 9 5 'Storm Junction Box EA 1 0 $8,100.00 $0.00 10 21 " Set, 1 Pipe EA 1 1 $2,310.00 $2,310.00 11 24" Set, 1 Pipe EA 4 1 $2,680.00 $2,680.00 12 30" Set, 1 Pipe EA 1 0 $4,740.00 $0.00 13 42" Set, 1 Pipe EA 1 0 $5,500.00 $0.00 14 10' Curb Inlet EA 13 4 $6,500.00 $26,000.00 15 15 'Curb Inlet EA 6 0 $8,100.00 $0.00 16 (4) 5 'x3 ' & (1) 8 'x3 'Concrete Headwall EA 1 1 $22,000.00 $22,000.00 with Straight (4) 5 'x3 'Concrete Headwall with 17 straight and flared EA 1 1 $20,900.00 $20,900.00 18 (2) 6'x3 ' Sloped -End Headwall EA 2 0 $16,400.00 $0.00 19 8 'x3 ' Sloped -End Headwall EA 2 1 $12,700.00 $12,700.00 20 3' Drop Inlet EA 1 0 $6,300.00 $0.00 21 Access Riser EA 4 2 $3,320.00 $6,640.00 22 Connect to 36" RCP EA 3 0 $2,060.00 $0.00 23 5 'x3 ' RO CO BO, Class III LF 290 0 $320.00 $0.00 24 8 'x3 ' RO CO BO, Class III LF 359 0 $520.00 $0.00 25 (2) 6'x3 ' RO CO BO C LF 120 0 $800.00 $0.00 26 8' x 3' R.C.B.0 LF 415 415 $540.00 $224,100.00 27 (4) 5 'x3 ' RO CO BO CO LF 77 77 $1,710.00 $131,670.00 28 Concrete Apron SY 221 221 $152.50 $33,702.50 TOTAL UNIT III: DRAINAGE IMPROVEMENTS I - I $526,438.50 Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 8 of 12 Hulen Trail A2 7/23/2025 UNIT IV: PAVING IN(PROVEIVI VTS 1 Remove Asphalt Pavement SY 7,759 7,759 $15.00 $116,385.00 2 Remove 24" Storm Line LF 92 92 $0.00 $0.00 3 Remove Concrete Drive SF 378 378 $0.00 $0.00 4 Hydrated Lime 3 O1bs0 /S 0 YO (Residential) TN 213 0 $195.30 $0.00 5 Hydrated Lime@3 4lbs0 /S 0 YO (Collector) TN 155 0 $195.30 $0.00 6 Hydrated Lime@3 6lbs0 /S 0 YO (Arterial) TN 207.7 210 $195.30 $41,013.00 (CO#2) 7 6" Lime Treated Subgrade (Residential) SY 14,205 0 $3.30 $0.00 8 6" Lime Treated Subgrade (Collector) SY 9,127 0 $3.30 $0.00 9 6" Lime Treated Subgrade (Arterial) (CO#2) SY 11,559 11,689 $3.30 $38,573.70 10 6" Concrete Pavement (Residential) SY 13,353 0 $43.25 $0.00 11 7" Concrete Pavement (Collector) SY 8,677 0 $46.90 $0.00 12 9" Concrete Pavement (Arterial) (CO#2) SY 10,743 10,867 $64.15 $697,118.05 13 5' Conc Sidewalk SF 2,830 0 $6.50 $0.00 14 6' Conc Sidewalk SF 2,706 0 $6.50 $0.00 15 R-1 Ramp EA 16 0 $2,859.30 $0.00 16 P-1 Ramp EA 15 6 $2,192.50 $13,155.00 17 Topsoil (CO#2) CY 19 27 $56.50 $1,525.50 18 Furnish/Install Alum Sign Ground Mount EA 33 16 $264.70 $4,235.20 City 19 Traffic Control LS 1 1 $24,500.00 $24,500.00 20 Replace Existing Concrete SY 169 169 $55.35 $9,354.15 21 Remove Existing Gravel Drive SY 308 308 $10.15 $3,126.20 22 10" Conc Sidewalk SF 25,150 25,150 $6.50 $163,475.00 S tamped Red Concrete 9" PCC Pavement 23 w/7% Lime -Stabilized Subgrade SY 346 346 $229.40 $79,372.40 24 Planted Grass (CO#2) SY 2,827 1,815 $5.80 $10,527.00 25 Type III Barricade EA 3 0 $1,500.00 $0.00 26 Concrete Header EA 3 0 $500.00 $0.00 27 Connect to Existing Gutter EA 1 0 $500.00 $0.00 28 Sawcut LF 74 0 $10.00 $0.00 29 Striping LS 1 1 $32,878.00 $32,878.00 30 Remove Striping LS 1 1 $0.00 $0.00 31 RI -1 Stop Sign EA 11 0 $88.25 $0.00 32 Misc. Signs (Regulatory/Warning) EA 31 16 $88.25 $1,412.00 33 St. Marker Blade EA 60 0 $27.95 $0.00 34 tended Concrete Curb Roundabout (CO- LF 178 0 $136.50 $0.00 ) 35 18 " White Thermoplast c S tr pe (CO-5) LF 585 0 $10.95 $0.00 36 18 " Yellow Thermoplast c S tr pe (CO-5) LF 315 0 $10.95 $0.00 37 4" White Thermoplast Stripe (CO-5) LF 800 0 $1.25 $0.00 TOTAL UNIT IV: PAVING IMPROVEMENTS $1,236,650.20 Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 9 of 12 Hulen Trail A2 7/23/2025 UNIT V: STREET LIGHT [NG IMPROVEMENTS 1 2" Condt PVC SCH 40 (T) (CO#3) LF 3,795 1,352 $16.32 $22,064.64 2 NO 6 Insulated Elec Condr (CO#3) LF 11,385 4,056 $2.97 $12,046.32 3 Type 33 B Arm (CP#3) EA 29 8 $261.00 $2,088.00 4 LED Lighting Fixture (R-2) EA 33 8 $338.00 $2,704.00 5 LED Lighting Fixture (R-4) EA 2 0 $338.00 $0.00 6 Rdwy Ill TY 1,2 and 4 (CO#3) EA 29 8 $1,531.00 $12,248.00 7 Rdwy Ill TY 11 Pole (CO#3) EA 29 8 $2,126.00 $17,008.00 8 2" Condt RM (Riser) (CO#3) EA 25 0 $50.00 $0.00 9 Furnish/Install 8' Wood Light Pole Arm (CO#3) EA 6 0 $1,200.00 $0.00 10 NO 6 Triplez OH Insulated Elec Condr (CO#3) LF 1,200 0 $6.00 $0.00 11 Relocated Fire Hydrated (CO#4) EA 1 0 $0.00 $0.00 TOTAL UNIT V: STREET LIGHTING IMPROVEMENTS $68,158.96 UNIT VI: TRAFFIC SIGNAL I ROVEMENTS 1 I I I 1 $0.00 TOTAL UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS $0.00 Bid Summary UNIT III: DRAINAGE IMPROVEMENTS $526,438.50 UNIT IV: PAVING IMPROVEMENTS $1,236,650.20 UNIT V: STREET LIGHTING IMPROVEMENTS $68,158.96 UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS $0.00 VALUE OF CFA22-0034, CPN 103489 ELIGIBLE CONSTRUCTION SUBTOTAL $1,831,247.66 Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 10 of 12 Hulen Trail A2 7/23/2025 Hulen Trails Phase 4 Value of Eligible Community Facilities Agreement Construction, CPN 103489 Bid list Description Unit Completed Eligible Unit Price Credit Available Item Quantity Quantity No. 1 me UNIT III: DRAINAGE IMPROVEMENTS 1 LARGE RIPRAP, DRY SY 81 81 $95.00 $7,695.00 2 TRENCH SAFETY LF 1,532 1,532 $1.00 $1,532.00 3 CONCRETE COLLAR E A 1 1 $1,500.00 $1,500.00 4 _ 21 " RCP, CLASS III LF 170 170 $100.00 $17,000.00 5 24" RCP, CLASS III LF 938 938 $104.00 $97,552.00 6 42" RCP, CLASS III LF 198 198 $217.00 $42,966.00 7 4X4 RCB, CLASS III LF 226 226 $363.00 $82,038.00 8 40 STORM JUNCTION BOX EA 2 2 $7,000.00 $14,000.00 9 5" STORM JUNCTION BOX EA 1 1 $8,700.00 $8,700.00 10 10" CURB INLET EA 9 9 $7,300.00 $65,700.00 11 ACCESS RISER EA 2 2 $6,500.00 $13,000.00 (2) 40X40 CONCRETE HEADWALL 12 WITH STRAIGHT WINGWALLS EA 2 2 $15,500.00 $31,000.00 TOTAL UNIT III: DRAINAGE IMPROVEMENTS _ $382,683.00 UNIT IV: PAVING"MPROVENfENTS HYDRATED LIME 3 6LBS. /S. Y. 1 (ATERIAL) TN 115 115 $318.00 $36,570.00 6" LIME TREATMENT SUBGRADE 2 (ATERIAL) SY 6,396 6,396 $5.75 $36,777.00 3 9" CONCRETE PAVEMENT SY 6,041 6,041 $76.95 $464,854.95 (ATERIAL) 4 P-1 RAMP E A 8 8 $3,110.00 $24,880.00 5 TOPSOIL CY 702 702 $70.00 $49,140.00 6 SEEDING, HYDROMULCH SY 4,208.0 4,208 $1.85 $7,784.80 7 FURNISH/INSTALL ALUM SIGN E A 2 2 $415.00 $830.00 GROUND MOUT CITY STD. 8 TRAFFIC CONTROL LS 1 1 $2,500.00 $2,500.00 9 10" CONC S IDEWALK LF 2,875 2,875 $70.65 $203,118.75 10 REMOVE TYPE III BARRICADE E A 1 1 $500.00 $500.00 11 STRIPPING LS 1 1 $33,547.00 $33,547.00 12 R1 - 1 STOP S IGN EA 1 1 $115.00 $115.00 13 R2- 1 SPEED LIMIT S IGN EA 1 1 $115.00 $115.00 14 ST MARKER BLADE EA 4 4 $55.90 $223.60 15 CONNECT TO EXISTING EA 1 1 $500.00 $500.00 PAVEMENT 16 REMOVE EX. BARBED- WIRE LF 100 100 $6.00 $600.00 FENCE 17 SAWCUT, REMOVE, REPLACE LF 94 94 $30.00 $2,820.00 EXISTING PAVEMENT 18 ADJUST EX. SS. M. H. RIM EA 5 5 $500.00 $2,500.00 TOTAL UNIT IV: PAVING IMPROVEMENTS _ $867,376.10 Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 11 of 12 Hulen Trail A2 7/23/2025 UNIT V: STREET LIGHTI vG IMPROVEMENTS 1 2" Condt PVC SCH 40 (T) LF 1,585 1,585 $20.67 $32,761.95 2 NO 6 Insulated Elec Condr LF 4,755 4,755 $2.23 $10,603.65 3 Type 33 B Arm EA 7 7 $383.00 $2,681.00 4 LED Lighting Fixture (R-2) EA 7 7 $355.00 $2,485.00 5 RDYT ILLUM Foundation TY 1,2, and 4 EA 7 7 $1,773.00 $12,411.00 6 Rdwy Ill II Pole EA 7 7 $2,756.00 $19,292.00 TOTAL UNIT V: STREET LIGHTING IMPROVEMENTS $80,234.60 UNIT VI: TRAFFIC SIGNAL IM ROVEMENTS �1I I I I S0.00 TOTAL UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS _ $0.00 Bid Summary UNIT III: DRAINAGE IMPROVEMENTS $382,683.00 UNIT IV: PAVING IMPROVEMENTS $867,376.10 UNIT V: STREET LIGHTING IMPROVEMENTS $80,234.60 UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS $0.00 VALUE OF CFA22-0002, CPN 103273 ELIGIBLE CONSTRUCTION SUBTOTAL $1,330,293.70 Transportation Impact Fee Credit Agreement- CA-22-008 A2 Page 12 of 12 Hulen Trail A2 7/23/2025