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HomeMy WebLinkAbout064280 - Construction-Related - Contract - Vickery Village Development LLCCSC No. 64280 AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS FOR THE VICKERY (PB23-13512) This AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS FOR THE VICKERY ("Agreement") is made and entered into by and between the City of Fort W01th ("City"), a home-rule municipal corporation of the State of Texas, acting by and through its duly authorized Assistant City Manager, and Vickery Village Development, LLC, a Texas limited liability company ("Developer"), acting by and through its duly authorized representative. City and Developer are referred to herein individually as a ("Patty") and collectively as the ("Patties"). WHEREAS, Developer is constructing THE VICKERY ("Development Area"), a mixed-use project consisting of a 321-unit multifamily project more specifically described as Lots lR and 2R, Block 1, Jennings North Addition, in the City of Port Worth, Tarrant County, Texas; WHEREAS, the Development Area is subject to the City's Neighborhood and Community Park Dedication Policy ("Policy"); and WHEREAS, the City and Developer desire to establish a formal written agreement relating to parkland dedication and improvement requirements, improvement credits, and land or improvement refunds related to Development Area, as required by the Policy. NOW THEREFORE, City and Developer agree as follows: SECTION 1 BACKGROUND AND PURPOSE 1.1 Developer is constructing, or causing to be constructed, the Development Area in the City of Fort Worth. The Development Area means the property that is owned by the Developer, which is more particularly identified in Exhibit "A" attached hereto and incorporated herein by reference. 1.2 New residential development, or an increase in density by redevelopment in existing neighborhoods, creates the need for additional park and recreation facilities. The Policy governs the park dedication and improvement requirements in the City. The Policy is a City regulation adopted by public ordinance, and the Developer is on notice of its contents. The Policy is incorporated herein by this specific reference as if fully set forth herein. The construction of the Development Area creates the need for additional parkland in the City and, therefore, is subject to the Policy. 1.3 The City and Developer acknowledge that this Agreement is not intended to supersede the Policy; rather, it is meant to identify specific responsibilities and obligations of the Developer and City as they relate to the Policy. To the extent that the Policy conflicts with the terms agreed to herein by the parties, the Policy shall govern. The parties aclmowledge and understand that the City may, from time-to-time, revise the Policy; therefore, to the extent that any future Policy revisions impact the terms of this Agreement, the parties will amend this Agreement accordingly. A failure to amend this Agreement will not render it void; however, any future changes to the Policy that legally affect the terms of this Agreement will automatically be incorporated and supersede any conflicting terms stated herein, provided, however, that such changes to the Policy will be only applied on a prospective, and not retroactive, basis for legally vested rights. AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -THE VICKERY) (PB23-13512) 1.4 This Agreement is effective on the date signed by the Assistant City Manager as evidenced on the signature page ("Effective Date") and remains in effect until the date the Developer has complied with all of its obligations under the Policy and this Agreement. Upon complying with all obligations, as required, this Agreement will terminate automatically, as determined in the absolute discretion of the Director of the City's Park & Recreation Department or the Director's authorized designee ("Director"). SECTION 2 CENTRAL CITY PARK FLAT FEE 2.1 If the Development Area falls within the Central City (Park Planning District 4) ("PPD 4"), the Development Area is subject to the Central City Park Flat Fee per each additional residential dwelling unit, based upon the Development Area's land use in the past five years, in lieu of a land dedication and associated fees. If the entire Development Area falls outside of PPD 4, then this Section 2 will be of no force or effect. 2.1. l The Development Area falls within PPD 4: C8J Yes 2.2 The Development Area is subject to the Central City Park Flat Fee in the amount of One Thousand Four Hundred Nine Dollars and Twenty Cents ($1,409.20) for each additional residential unit as established in the version of the Policy in effect when the fee is collected. The flat fee is further described in the applicable Fee Sheet for the Development Area, which is attached to this Agreement as Exhibit "D" and incorporated herein by this reference. In accordance with the Policy, the fee is assessed at the time of building permit and must be paid to the City prior to the issuance of any building pennit(s). 2.3 Central City Park Flat Fee Credits: City and Developer C8J HAVE; D HAVE NOT mutually agreed to credits against this fee for the Development Area subject to the Central City Park Flat Fee. The terms of such credits, if any, are more particularly described in Exhibit "B," which is attached hereto and incorporated herein for all purposes. Agreements concerning determinations of allowable Central City Park Flat Fee credits must be formalized prior to release of the Final Inspection/Certificate of Occupancy building permits (PB23-13512). In accordance with the Policy, any fee increase or decrease greater than the consumer price index requires the approval of the City Council. 2.3. l If City and Developer have agreed to Central City Park Flat Fee Credits, then the Developer will expend or cause to be expended the Central City Park Flat Fee in construction costs for site development of neighborhood parks (public and private) consistent with the Park Recreation and Open Space Master Plan and the Policy (collectively, the "Approved Improvements"), a non-exclusive list of which is attached hereto as Exhibit "C" and incorporated herein for all purposes. 2.3.2 Developer, for any fee remaining after any and all Central City Park Flat Fee Credits, must pay to the City the remaining amount due prior to the issuance of building permits. The failure to pay the Central City Flat Fee will be a basis to deny building permit issuance. The Director may agree to allow Developer to either: (i) expend or cause to be expended the remaining Central City Flat Fee on various passive or active public park improvements within the Development Parkland ( consisting of one or more of the Approved Improvements listed on Exhibit "C"), or (ii) pay to the City an amount equal to the amount remaining of the Central City Park Flat Fee. In such circumstances, Developer can satisfy the requirements of the foregoing (i) or (ii) by any combination of (i) and (ii) above (i.e., Developer can pay part of the amount pursuant to subsection (ii) and expend or cause to be expended the remaining amount pursuant to subsection (i) above). Such an agreement must be in writing, signed by the Director, and attached to this Agreement as an addendum. AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -THE VICKERY) (PB23-13512) SECTION 3 PARKLAND DEDICATION [Intentionally Omitted] SECTION 4 NEIGHBORHOOD BASED PARK DEVELOPMENT FEE [Intentionally Omitted] SECTION 5 PAYMENT OF FEES IN LIEU OF PARKLAND DEDICATION 5.1 If Central City Park Flat Fees are in lieu of park dedication per the Policy, fees will be collected prior to the scheduling of any Final Inspection/Ce1tificate of Occupancy issuance 5.1.1 City and Developer D IIA\lE; !ZI HAVE NOT mutually agreed to the payment of fees in lieu of Neighborhood Park parkland dedication. 5.1.2 City and Developer D IIA\lE; !ZI HAVE NOT mutually agreed to the payment of fees in lieu of Community Park parkland dedication. SECTION 6 PARK PLANS AND CONSTRUCTION DOCUMENTS Developer's Concept Park Master Plan must be reviewed and approved by the Director priorto the City Plan Commission approval, and Construction Documents for the Development Parkland must be reviewed and approved by the Director SECTION7 TIMING OF DEDICATIONS, TRACKING LOG, AND FINANCIAL GUARANTEE 7 .1 Developer will dedicate, by separate instrument, pedestrian access easements, in perpetuity for public use, for both the Central Park green space and the Dog Park as more specifically shown in Exhibit "A". 7.2 During construction of the Development Area, City will maintain a tracking log in substantially similar f01m as set fo1th in Exhibit "F" ("Tracking Log"). The Tracking Log will document the number of residential units for each plat and the amount of Central City Park Flat Fees and Neighborhood Based Park Development Fees owed to the City for each plat, as well as any credits due to the Developer as a result of park improvements made by the Developer and approved by the City as set forth in this Agreement. The Tracking Log in Exhibit "F" represents the current status of the Development on the date this Agreement is executed. 7.3 If Developer wishes to obtain final plats or the issuance of building permits before the dedication of parkland, by separate instrument, to the City, the payment of Central City Park Flat Fees, the payment of Neighborhood Based Park Development Fees, or the construction of parkland improvements, then Developer will deliver to the City a financial guarantee in the form of a letter of credit, escrow agreement, or cash escrow AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -THE VICKERY) (PB23-13512) satisfactory to the Director guaranteeing that Developer will dedicate the parkland, pay the Central City Park Flat Fees or Neighborhood Based Park Development Fees required by this Agreement, or construct the Approved Improvements required by this Agreement ("Financial Guarantee"), as applicable. The Financial Guarantee must be in an amount sufficiently representative, in Director's discretion, of the fair market value of the parkland required to be dedicated, Central City Park Flat Fees or Neighborhood Based Park Development Fees owed to the City, or Approved Improvements required for the Development Area, as applicable. The amount of the Financial Guarantee may be adjusted upon written agreement between the Developer and the Director during construction of the Development Area to ensure adequate financial guarantee of the Developer's obligations pursuant to this Agreement. 7.4 City and Developer agree that, if and to the extent Developer has completed the Anticipated Construction but failed to dedicate parkland by separate instrument, expend or othe1wise make payments pursuant to Sections 3 or 4 above, pay the Central City Park Flat Fees or Neighborhood Based Park Development Fees, or construct Approved Improvements to parkland required by this Agreement within twelve (12) months after issuance of the final plat that requires park dedication, payment of fees, or construction of improvements, respectively, then Developer will pay the City an amount equal to the difference of the required Central City Park Flat Fees and Neighborhood Based Park Development Fees set forth on the most recent Tracking Log, minus the amount of Central City Park Flat Fees and Neighborhood Based Park Development Fee actually expended by Developer, and minus the amount(s) paid by Developer. For the avoidance of doubt, City and Developer agree that Developer's obligation to expend or cause to be expended the Central City Park Flat Fee or the Neighborhood Based Park Development Fee (and/or make the payments specified in Section 3.5) is only to the extent Developer has actually completed the Anticipated Construction. SECTION 8 PARK IMPROVEMENTS ON DEDICATED PARKLAND If Developer desires to constrnct park improvements on parkland in the Development that has already been dedicated, and othe1wise properly conveyed by deed, to the City, Developer must execute a tempora1y constrnction easement, license agreement, or similar contract with the City setting forth the terms under which such constrnction and installation will occur. With respect to park improvements constructed on land owned by the Developer that will be dedicated to the City in the future, Developer is responsible and liable for all such improvements, including, but not limited to, any personal injmy or property damage that may occur as a result of such construction, until such time as the City takes ownership of the parkland and the associated improvements. AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS-THE VICKERY) (PB23-13512) SECTION 9 NOTICES Notices. All written notices called for or required by this Agreement must be addressed to the following, or such other party or address as either party designates in writing, by certified mail, postage prepaid, or by hand delivery: City: Director Park & Recreation Department City of Fort Worth 100 Fort Worth Trail Fort Worth, TX 76102 with copies to: City Attorney's Office City of Fort W01th 100 Fo1t Worth Trail Fort W01th, TX 76102 and City Manager's Office City of Fort W01th 100 Fort Worth Trail Fort Worth, TX 76102 Developer: Vickery Village Development LLC c/o Trademark Property Company 3800 Maple Avenue, Suite 260 Dallas, TX 75219 SECTION 10 LIENS AND MORTGAGES Developer does not have the authority to engage in any act or to make any contract which may create or be the foundation for any lien or mortgage upon any real property or improvements owned by the City. If any such purported lien or mortgage is created or filed, Developer, at no cost to the City, will liquidate and discharge the same within thirty (30)days of such creation or filing. Developer's failure to discharge any such purported lien or m01tgage within this time frame will constitute a breach of this Agreement. Developer's financial obligation to the City to liquidate and discharge such lien or mortgage will continue in effect following termination or expiration of this Agreement and until such a time as the lien or mortgage is discharged.AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -THE VICKERY) (PB23-13512) SECTION 11 COMPLIANCE WITH LAW AND POLICIES This Agreement will be subject to all applicable federal, state, and local laws, ordinances, rules, and regulations, including, but not limited to, all provisions of the City's Charter and ordinances, as amended. Developer must comply with all Park & Recreation Department regulations and policies. SECTION 12 INTERPRETATION Each party, and if it so chooses, its attorney, has had the opportunity to review and comment on this Agreement; therefore, any rule of contract construction or interpretation that would normally call for the document to be interpreted as against the drafting party will not apply in interpretation of this contract, and each section, portion, and provision of this Agreement will be construed solely on the basis of the language contained therein, regardless of who authored such language. SECTION 13 NO THIRD-PARTY RIGHTS The provisions and conditions of this Agreement are solely for the benefit of the City and Developer and any lawful assigns or successors, and are not intended to create any rights, contractual or otherwise, to any other person or entity. SECTION 14 BINDING COVENANTS Subject to the limitations contained herein, the covenants, conditions, and agreements made and entered into by the parties hereto are declared to be for the benefit of and binding upon their respective successors, representatives and assigns, if any. SECTION 15 NO WAIVER The failure of either party to insist upon the performance of any term or provision of this Agreement or to exercise any right granted hereunder will not constitute a waiver of that party's right to insist upon appropriate performance or to assert any such right on any future occasion. SECTION 16 VENUE AND CHOICE OF LAW If any action, whether real or asserted, at law or in equity, arises on the basis of any provision of 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, Fort Worth Division. This Agreement will be construed in accordance with the laws of the State of Texas. AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -THE VICKERY) (PB23-13512) SECTION 17 SEVERABILITY If any of the provisions contained in this Agreement is held, for any reason, to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability will be construed as if such invalid, illegal, or unenforceable provision had never been contained herein. SECTION 18 GOVERNMENTAL POWERS It is understood that by execution of this Agreement, the City does not waive or surrender any of its governmental powers or immunities. SECTION 19 AMENDMENTS AND ASSIGNMENTS 19 .1 This Agreement cannot be modified or amended without the written consent of all the patties hereto, which shall be attached and made a pa1t of this Agreement. 19.2 This Agreement cannot be assigned by Developer to another entity without the written consent of the City. If City grants consent to an assignment, the assignee will execute a written agreement with the City and Developer under which the assignee agrees to be bound by the duties and obligations of Developer under this Agreement. Notwithstanding the previous two sentences, Developer may assign this Agreement to an affiliated entity without the consent of the City, provided that the assignee agrees in writing to be bound by the duties and obligations of Developer under this Agreement. Developer will be liable for all obligations of Developer under this Agreement prior to the effective date of the assignment and until complying with the requirements of this section. SECTION20 AUDIT Developer agrees that City and its internal auditor will have the right to audit, which will include, but not be limited to, the right to reasonable access to and the right to examine, the financial and business records of Developer that relate to this Agreement, including, but not limited to, all reasonably necessa1y books, papers, documents, records, and personnel (collectively "Records"), in order to determine compliance with this Agreement. Developer will make all Records available to City at Developer's office within thirty (30) days after written notice by City and will otherwise reasonably cooperate with City during any audit. Notwithstanding anything to the contra1y herein, this section will survive expiration 01' earlier termination of this Agreement for a period of three (3) years. SECTION 21 AUTHORIZATION By executing this Agreement, Developer's agent affirms that he or she is authorized by Developer to execute this Agreement and that all representations made herein with regard to Developer's identity, address, and legal status are true and correct. AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -THE VICKERY) (PB23-13512) SECTION 22 COUNTERPARTS AND ELECTRONIC SIGNATURES 22.1 This Agreement may be executed in several counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. 22.2 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 pdffile, email, or facsimile transmission) of an original signature, or signatures electronically inserted via software such as Adobe Sign. SECTION 23 SOLE AGREEMENT This Agreement, including any exhibits attached hereto and any documents incorporated herein by reference, contains the entire understanding and agreement between the City and Developer, and any lawful assigns and successors, 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, provided that, to the extent such terms of the Agreement conflict with the Policy, then the Policy will govern. SECTION 24 LIABILITY AND INDEMNIFICATION DEVELOPER AGREES TO DEFEND, INDEMNIFY, AND HOLD HARMLESS THE CITY, ITS OFFICERS, AGENTS, SERVANTS, AND EMPLOYEES, FROM AND AGAINST ANY AND ALL CLAIMS, LAWSUITS, ACTIONS, COSTS, AND EXPENSES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, THOSE FORPROPERTY DAMAGE OR LOSS (INCLUDING ALLEGED DAMAGE OR LOSS TO BUSINESS AND ANY RESULTING LOST PROFITS) ANDI OR PERSONAL INJURY (INCLUDING DEATH) THAT MAY RELATE TO, ARISE OUT OF, OR BE OCCASIONED BY (i) DEVELOPER'S BREACH OF ANY OF THE TERMS OR PROVISIONS OF THIS AGREEMENT OR (ii)ANY NEGLIGENT ACT OR OMISSION, OR INTENTIONAL MISCONDUCT OF DEVELOPER, ITS OFFICERS, AGENTS, ASSOCIATES, EMPLOYEES, CONTRACTORS (OTHER THAN THE CITY), SUBCONTRACTORS, LICENSEES, OR INVITEES RELATED TO THE CONSTRUCTION OF PARKLAND AND PARK IMPROVEMENTS OR THE PERFORMANCE OF THIS AGREEMENT. SECTION 25 ENTIRE AGREEMENT This Agreement (including all attachments, schedules, and exhibits attached hereto) constitutes the entire understanding and agreement of the City and Developer. Any prior or contemporaneous oral or written agreement is hereby declared null and void to the extent in conflict with the terms and conditions of this Agreement. [SIGNATURES ON FOLLOWING PAGE] AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS-THE VICKERY) (PB23-13512) IN WITNESS WHEREOF, the parties hereto have executed this Agreement in multiples. CITY OF FORT WOR t)Ct,,tUv 73 By : Dana Burghdoff (Nov 7, 20 17:26:31 C TDana Burghdoff Assistant City Manager Date: 11/07/2025 : v ie°£ Dave Lewis, Director ��&��w�•partment By: -------:-8...__,--------­Joel McElhany, Assistant Director Park & Recreation Department APPROVED AS TO FORM 1'fX TY Hye Won Kim Assistant City Attorney ATTESTED BY: i-e r, .. r=A� Jannette Goodall City Secretary Contract Compliance Manager: VICKERY VILLAGE DEVELOPMENT LLC: B . Chad A. Cottev; y • CA ad A. Colley (Oct 7, 2025 12:3�5 COT)Chad A. Colley Manager Date: ------------- 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. Lo*"li>n'ffict 7, 202513:12:13 CDT) Lori Gordon, RLA Landscape Architect Manager Park & Recreation Department AUTHORIZATION: M&C Number: not required AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -THE VICKERY) (PB23-13512) EXHIBIT A DEVELOPMENT AREA AND PARK CONCEPT PLAN j, i (._ // ..;q I : I ' I I ) "r I AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS-THE VICKERY) (PB23-13512) EXHIBITB FEE CREDIT AGREEMENT Neighborhood & Community Park Dedication Policy fees will be paid to the City prior to the scheduling of Final Inspection/Certificate of Occupancy issuance. The Developer will provide pedestrian access easements, in perpetuity for public use, from W. Vickery Boulevard to both the Central Park green space and the Dog Park, shown in EXHIBIT A. The public pedestrian access easements will include language that the parks will remain open to the public during the City's normal park hours of operations (open from 5:00AM until 10:00 PM). Once the Park pedestrian access easements and list of improvements (Exhibit C) are constrncted and accepted by the City, separate instrnment recorded with the county, the Developer fees paid (Exhibit D) will be returned to the Developer. AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -THE VICKERY (FS-23-226) 11 of 15 EXHIBIT C LIST OF APPROVED IMPROVEMENTS Central Park DESCRIPTION QUANTITY UNIT COST/ UNIT TOTAL COST Mobalization 1 LS 15,000.00 15,000.00 Material Testing 1 LS 10,000.00 10,000.00 Dirt Work 1 LS $ 31,338.82 $ 31,339 Area Drainage 1 LS $ 29,975.00 $ 29,975 Pa1.ers 800 S.F. $ 18.00 $ 14,400 Artificial Turi 1 LS $ 108,670.00 $ 108,670 Retaining Walls / Stone Wall Terraces •285 LF $ 300.00 $ 85,500 $ 294,884 SUMMARY OF CONSTRUCTION COSTS DESCRIPTION 294,883.82 Subtotal Construction Costs $ 294,884 10% Design Fees $ 29,488 5% Construction Manager Fee $ 14,744 5% -Inspection Fees $ 14,744 2% -Insu rance $ 5,898 Central Park Construction Total $ 359,758 . -Dog Park . ------..,,. � DESCRIPTION QUANTITY UNIT COST/ UNIT TOTAL COST Mobalization 1 LS 15,000.00 15,000.00 Material Testing 1 LS 10,000.00 10,000.00 Dirt Work 1 LS $ 15,915.00 $ 15,915 Area Drainage 1 LS $ 29,328.00 $ 29,328 Pickle Ball Court 1 LS $ 40,000.00 $ 40,000 Pa1.ers 550 S.F. $ 18.00 $ 9,900 Artificial Turi 1 LS $ 28,584.00 $ 28,584 Decomposed Gra nite 630 S.F. $ 12.00 $ 7,560 Fences & Gates 1 LS $ 34,231.00 $ 34,231 Stone Seat Walls 3 EA $ 2,500.00 $ 7,500 $ 198,018 SUMMARY OF CONSTRUCTION COSTS DESCRIPTION TOTAL COST Subtotal Con struction Costs $ 198,018 10% Design Fees $ 19,802 5% Construction Manager Fee $ 9,901 5% -Inspection Fees $ 9,901 2% -Insurance $ 3,960 Dog Park Construction Total $ 241,582 Overall Total Construction Cost I $ 601,3401 *Values shown above are estimates. Deve loper is only obligated to expend improvement values equal to the Central City Park Flat Fee as shown in Exhibit D to rece ive credit. AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -"THE VICKERY" ( FS-23-226) 12 of 15 EXHIBITD FEE SHEET Date: 03/06/23 THE \1l(�KERY Neighborhood and Connnunity Park Dedication Policy Revised January 29, 2019 G-19470 (effective March 1, 2019) The.full realization of the policy increase will occur over 5 years with each increase occtm'ing 1 January. Centr:ll City (Park Plauning District 4) Flat Fe-e Calendar Central City Flat Fee pe1· each Additional Year Residential Dwelling Unit 2022 $1,140.00 2023 $1,300.00 *CPI -Consumer P1ict Indt::t: annual dete:rnunation by theUnited States Department of Labor: C:PI (DFW -.Arlington arta): 8.4�--b EQUATION -Costs per l nit Fee+ CPl*(Fee) = Ffat Fee per Unit Sl,300.00 + 0.084* ($1,300.00) = $1,409.20 per l.nit Number of Dwelling Units Single-Fanlily Units: ,0 Multi-Family Units: 321 Total Family Units: 321 EQUATION -Total Fee Due (Hat Fee per Unit) x (Number of Units)= Total Fee Due ($1,409.20) X (321) = $452.353.20 AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS - "THE VICKERY" (FS-23-226) 13 oflS EXHIBITE [Intentionally Omitted] AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -"THE VICKERY" (FS-23-226) 14 of15 EXHIBITF TRACKING LOG [Intentionally Omitted] AGREEMENT CONCERNING PARK DEDICATION AND IMPROVEMENTS -"THE VICKERY" (FS-23-226) 15 of 15 City Secretary's Office Contract Routing & Transmittal Slip Contractor's Name: Vickery Village Development, LLC, Subject of the Agreement: Park Dedication Agreement for the City and Developer desire to establish a formal written agreement relating to parkland dedication and improvement requirements. M&C Approved by the Council?* Yes □ No iii If so, the M&C must be attached to the contract. Is this an Amendment to an Existing contract? Yes □ No iii If so, provide the original contract number and the amendment number. Is the Contract "Permanent"? *Yes iii No □ If unsure, see back page for permanent conh·act listing. Is this entire contract Confidential? *Yes D No iii If only specific information is Confidential, please list what information is Confidential and the page it is located. Effective Date: Date signed by the Assistant City Manager Expiration Date: Until complete ----------If different from the approval date. {f applicable. Is a 1295 Form required? *Yes □ No iii * If so, please ensure it is attached to the approving M&C or attached to the contract . Project Number: If applicable. N/A ------------ *Did you include a Text field on the contract to add the City Secretary Contract (CSC) number? Yes iii No □ Contracts need to be routed for CSO processing in the following order: 1.Katherine Cenicola (Approver) 2.Jannette S. Goodall (Signer) 3.Allison Tidwell (Form Filler) *Indicates the information is required and if the information is not provided, the contract will be returned to the department. 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