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HomeMy WebLinkAbout025297 - Construction-Related - Contract - JFM Properties, L.L.C. and Keller ISD� FOT OTH R R �-, �, �- ��— September 29, 1999 Mr. K. Wayne Lee, Attorney-in-Fact with FJM Properties, L.L.C. 3220 West Southlake Boulevard Southlake, Texas 76092 Mr. Charles Bradberry Superintendent Keller Independent School District 304 Lorine Street Keller, Texas 76248 CITY SECRETARY r� CONTRACT NO . �it� a� Re: Pedestrian Walkway/Culvert Crossing to serve the new Elementary School on North Riverside Drive Gentleman: This letter is to formally set out the terms of the agreement reached regarding the construction of the Improvements described below. This agreement is made by and between the City of Fort Worth (the "City"), Keller Independent School District ("KISD"), and FJM Properties, L.L.C. ("FJM") acting by and through their designated officers and/or authorized representatives: STREET & STORM DRAIN FACILITIES 1) GENERAL PROVISIONS a) The Improvements to be constructed shall consist of a culvert crossing including 9'X5' box culvert, sidewalk, hand rails and parallel wings plus certain sidewalks and chain link fencing, all of which are hereinafter referred to collectively as "Improvements". The total cost of the improvements is estimated to be $30,600.00. 2) CONSTRUCTION OF IMPROVEMENTS a) FJM shall be responsible for construction of the Improvements and any and all contracts related thereto. b) FJM shall comply with all applicable construction codes and obtain the approvals and inspections required by the City. 3) FINANCING a) FJM will provide initial funding to construct the improvements. Upon the City's acceptance of the Improvements as complete, FJM will be reimbursed by City and KISD as provided in 3b) and 3c) below. TRANSPORTATION AND PUBLIC WORKS DEPARTMENT ;��,;��jr�i� ^i�,�;� G;�(�±���� THE CITY OF FORT WORTH * LOOO THROCKMORTON STREET * FORT WORTH, TEXAS %ELO��_�;��e� �ti���� G��� (817) 871-7800 * F� (817) 871-8092 �'�; ,;I � a�� l� 1 ed c cle a er �''�� '�y�1+��C�,� ��Y P P �f I:: t��ci � : � r a'an 0 b) City agrees to reimburse FJM 22.87% of the actual cost to construct the Improvements OR $7,000, whichever is less.� c) KISD agrees to reimburse FJM 22.87% of the actual cost to construct the Improvements OR $7,000, whichever is less. 4) NOTICES Any notice, communication or advice required to be given herein or which may be given must be in writing and either personally delivered or sent certified mail, return receipt requested, addressed to: FJM Properties, L.L.C. Mr. K. Wayne Lee, Attorney-in-Fact with FJM Properties, L.L.C. . 3220 West Southlake Blvd. Southlake, Texas 76092 Keller I.S.D. Superintendent 304 Lorine Street Keller, Texas 76248 City of Fort Worth Director, Transportation & Public Works 1000 Throckmorton St. � Fort Worth, Texas 76102 Enclosed are three (3) original copies of the Letter of Agreement. Please sign all three copies and forward the originals to the next party for signature. When I receive the executed originals, I will provide you each an original copy for your files. Should you have any questions, please call me at 871-8702. Sincerely, � - � �_ 1 I r Dan Walsh, P.E. Engineering Manager City of Fort Worth �� Agreed to and Accepted: FJM Properties, L.L.C. � By' �� � , � �,�� — Vaj�ne �ee, Attorney-In-Fact Keller Independent School District Date: �l' �' �- � S B ' Date: ��� � / _ �%�� Charles Bradb rry, Superinten ent City of Fort ort By: ' �� " � Date Mike Groomer, Assistant City Manager APROVED AS TO FORM AND LEGALITY: � � � Assistant ty �ttorney AITESTED BY �-. � - �-c' � `�,� Y►�.�;� R.�G? U / le.�� Contract Authorfzation Date � 0�4 �`� Y 3