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HomeMy WebLinkAbout065053 - General - Contract - Hines Acquisitions, LLCDocusign Envelope ID: 8D09BD6D-0216-82F7-8316-EF8E63BB382F City Secretary Contract No. 65053 AGREEMENT TO EXTEND CITY'S CONSENT TO CREATION OF A MUNICIPAL UTILITY DISRICT This Agreement to Extend City's Consent to Creation of a Municipal Utility District ("Agreement") is entered into by and between the City of Fort Worth, a home -rule municipal corporation of the State of Texas ("City") and Hines Acquisitions, LLC, a Delaware limited liability company ("Hines"). WHEREAS, the City received a request from Hines for its consent to the creation of a special district pursuant to Article XVI, Section 59 of the Texas Constitution encompassing approximately 1476.889 acres ("District"); and WHEREAS, on December 9, 2025, the City Council of the City adopted Resolution No. 6221-12-2025 consenting to the creation of the District ("Consent Resolution"); and WHEREAS, the Consent Resolution provides that the City's consent to creation of the District is revoked without further action by the City if a Development Agreement is not approved and executed by the City on or before one hundred twenty days after the date of adoption of the Consent Resolution, or as mutually agreed by the City and Hines; and WHEREAS, the City and Hines are continuing to negotiate the Development Agreement and desire to extend the date that the City's consent will expire; NOW THEREFORE, City and Hines, acting herein by and through their duly authorized representatives, enter into the following agreement: 1. The City's consent to creation of the District is revoked without further action by the City if a Development Agreement is not approved and executed by the City on or before July 31, 2026. [SIGNATURE PAGE FOLLOWS] OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX AGREEMENT TO EXTEND CITY'S CONSENT TO Page 1 of 2 CREATION OF A MUNICIPAL UTILITY DISRICT Docusign Envelope ID: 8D09BD6D-0216-82F7-8316-EF8E63BB382F IN TESTIMONY WHEREOF, the City and Hines have executed this Agreement by their duly authorized representatives to be effective on the date executed by the City and Hines. CITY OF FORT WORTH: Dana &Uho(o f By: Dana Burghdoff (Apr f7, 2026 06.70126 CDT) Dana Burghdoff Assistant City Manager Date: 04/17/2026 Approved as to Form & Legality: Richard A. McCracken Assistant City Attorney M&C No. N/A Form 1295: N/A �FORT�4 ATTEST: o 1Z (\,,-- Jannette Goodall City Secretary Contract Compliance Manager: By signing, I acknowledge that I am the person responsible for the monitoring and administration of this contract, including all performance and reporting requirements. Stephen Murray r 17, 2026 07:37:57 CDT) Name: Stephen Murray Title: Platting Manager HINES: By: Hines Acquisitions, LLC, a Delaware limited liability company, By: HINES INTERESTS LIMITED PARTNERSHIP, a Delaware limited partnership, its sole member Initial Docu Signed by: Name: Robert W. Witte Title: Senior Managing Director Date: 4/13/2026 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX AGREEMENT TO EXTEND CITY'S CONSENT TO Page 2 of 2 CREATION OF A MUNICIPAL UTILITY DISRICT FORT WORTH. City Secretary's Office Contract Routing & Transmittal Slip Contractor's Name: Hines Acquisitions, LLC Subject of the Agreement: AGREEMENT TO EXTEND CITY'S CONSENT TO CREATION OF A MUNICIPAL UTILITY DISRICT M&C Approved by the Council? * Yes ❑ No M If so, the M&C must be attached to the contract. Is this an Amendment to an Existing contract? Yes ❑ No 0 If so, provide the original contract number and the amendment number. Is the Contract "Permanent"? *Yes ❑ No 0 If unsure, see backpage for permanent contract listing. Is this entire contract Confidential? *Yes ❑ No 0 If only specific information is Confidential, please list what information is Confidential and the page it is located. Effective Date: April 17, 2026 If different from the approval date. Expiration Date: July 31, 2026 If applicable. Is a 1295 Form required? * Yes ❑ No ED *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 0 No ❑ Contracts need to be routed for CSO processing in the followingorder: rder: 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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