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HomeMy WebLinkAbout065581 - Construction-Related - Contract - West Worth Owner LLCOFFICIAL RECORD CITY SECRETARY FT. WORTH, TX CSCO NO.65581 TRANSPORTATION IMPACT FEE CREDIT AGREEMENT THIS TRANSPORTATION IMPACT FEE CREDIT AGREEMENT (the "Agreement") is made and entered into effective as of the Effective Date (as defined below), by and among THE CITY OF FORT WORTH, TEXAS (the "City"), a Texas home rule municipal corporation, and West Worth Owner LLC, a Delaware limited liability company authorized to do business in Texas (the "Owner") (the City and the Owner a "Party", and collectively, the "Parties"). RECITALS WHEREAS, the Owner is the owner of approximately 71.714 acres in Tarrant County, Texas, as described by metes and bounds in Exhibit "A" (the "Property") located within the corporate boundaries of the City. A map of the Property showing its location is attached hereto as Exhibit `B"; and WHEREAS, the Owner desires to proceed with development of the Property as described or illustrated on the Development Plan, attached hereto as Exhibit "C ", which identifies the on - site and/or off -site transportation facilities necessary for serving full development of the Property; and WHEREAS, the City has adopted a Transportation Impact Fee program pursuant to Texas Local Government Code Chapter 395, codified in City Code Chapter 30, Article VIII, as amended, under which transportation impact fees are imposed on new development for impacts to the City's transportation facilities as a result of said development; and WHEREAS, transportation impact fees are collected and must be spent by the City on impact fee eligible transportation facilities identified within the City's adopted Transportation Improvements Plan ("TIP"), as amended, within the service area(s) in which the new development is located; and WHEREAS, the Transportation Impact Fee Program provides for credits against impact fees for dedication of right-of-way and/or construction of transportation improvements identified as impact fee eligible on the adopted TIP; and WHEREAS, the Property is located within service area T; and WHEREAS, certain transportation facilities depicted on Exhibit "D" are identified as impact fee eligible within the City's adopted TIP and therefore eligible for impact fee credit; and WHEREAS, Owner has agreed to dedicate the right-of-way and/or construct the transportation improvements shown on Exhibit "D" for which credits against transportation impact fees shall be granted; and WHEREAS, the Owner has dedicated 124,999 square feet of right-of-way for Chapin Rd with FP-22-079, recorded as Instrument D225039351, on 3/7/2025; and Transportation Impact Fee Credit Agreement- CA-26-002 Page 1 of 20 West Worth Commerce Center 7/20/2026 WHEREAS, the Owner has dedicated 29,893 square feet of right-of-way for Alemeda St with FP-22-079, recorded as Instrument D225039351, on 3/7/2025; and WHEREAS, the Owner has received approval for construction plans (IPRC22-0096) on 12/31/2024, and executed a Community Facilities Agreement (CFA24-0182, CSCO 62597), on 1/9/2025, and obtained final acceptance by the City for West Worth Commerce Center I, City Project Number 104063, on 5/14/2026. 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. Transportation Improvements. Owner agrees to dedicate the rights -of -way for and/or construct the system facilities identified in Exhibit "D". For any transportation improvement which has been previously dedicated or constructed by Owner on the Property and accepted by the City prior to execution of this Agreement, the improvement shall be identified as completed on Exhibit "D". 3. Credits. The Parties agree that the estimated value of the credits for each transportation improvement, expressed in current dollars, shall be as set forth in Exhibit "E". The value of credits associated with the improvements first shall be reduced by the Schedule 2 impact fee associated with any lot for which a building permit has previously been issued, and the net value of credits shown on Exhibit "E" shall be considered as exact. 4. Phasing. The Parties acknowledge that, where it is anticipated that the project will be developed in phases, the anticipated construction of improvements by phase shall be as depicted in Exhibit "D", which is attached hereto and incorporated herein by reference. 5. Allocation of Credits by Phase. The general allocation of credits to each phase of the development shall be as shown on Exhibit "F", which is attached hereto and incorporated herein by reference. The Parties agree that the credits identified in this Agreement shall not be deemed to have been created until the system facility for which credit is to be granted has been dedicated and accepted (in the case of right-of-way) or constructed through an executed Community Facilities Agreement (for 75% of the eligible roadway construction credit) and final acceptance by the City has been obtained (for 100% of the eligible roadway construction credit). 6. Term and Effective Date. The term of this Agreement shall be ten (10) years from its Effective Date. 7. Assignment. Owner shall have the right to assign this Agreement to any person or entity ("Owner's Assignee") with the written consent of the City, provided: (a) the assignment is in writing executed by the Owner and its assignee; and (b) the assignment incorporates this Agreement by reference and binds the Owner's Assignee to perform (to the extent of the obligations assigned) in accordance with this Agreement. Each Owner's Assignee shall become a Transportation Impact Fee Credit Agreement- CA-26-002 Page 2 of 20 West Worth Commerce Center 7/20/2026 Parry to this Agreement upon the execution of such assignment. In no event may this Agreement be construed to authorize assignment of any credits attributable to a system facility to be dedicated or constructed hereunder for use outside the boundaries of the Property. A credit agreement amendment executed by the City, any remaining Owners, and the Owner's Assignee will be required to formally transfer any credits for use. 8. Amendment. This Agreement shall not be modified or amended except as follows: (a) Any revision, amendment, assignment, or modification to this Agreement or any Exhibit or schedule hereto shall be in writing and signed by the Parties. (b) Any revision, amendment, assignment, or modification to this Agreement, the Development Plan, or any Exhibit or schedule thereto, shall become effective on the date executed by the Parties or, as applicable, upon the date of approval by the City Council or designated city official. 9. Exhibits. The exhibits attached to this Agreement are incorporated as part of this Agreement for all purposes as if set forth in full in the body of this Agreement. (Remainder of Page Intentionally Left Blank) Transportation Impact Fee Credit Agreement- CA-26-002 Page 3 of 20 West Worth Commerce Center 7/20/2026 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 Dianna Giordano (Jul 28, 2026 09:18:19 CDT) Jesica McEachern Assistant City Manager Date: 07/28/2026 Recommended By: Dalton Harrell -(Jul 24, 2026 08:52:16 CDT) DJ Harrell Director, Development Services Approved as to Form and Legality: Douglas Black (Jul 24, 2026 10:27:13 CDT) Douglas Black Assistant City Attorney M&C: None required Form 1295: None required 4.p44��a�Il apt FO°Rr!`ad ATTEST: p �°o °°° °!009�� o Pvo o=d Ka66m edbznuorEXA5a4a aoo Jannette Goodall City Secretary OWNER West Worth Owner LLC a Delaware limited liability company ?kw — James Curtis Hefner (Jul 21, 2026 16:38:03 GMT+1) James Curtis Hefner Manager 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. Kamal L. Crues Sr. Capital Projects Officer, Development Services Department OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Transportation Impact Fee Credit Agreement- CA-26-002 Page 4 of 20 West Worth Commerce Center 7/20/2026 EXHIBIT LIST "A" Description of the Property "B" Map of Property "C" Development Plan "D" Eligible Transportation Improvements "E" Credits Against Transportation Impact Fees "F Allocation of Credits Transportation Impact Fee Credit Agreement- CA-26-002 Page 5 of 20 West Worth Commerce Center 7/20/2026 EXHIBIT A Description of Property: West Worth Commerce Center Final Plat, FP-22-079 BEING a tract of land situated in the L. B. CRESWELL SURVEY, ABSTRACT NO. 367, J. BURSSEY SURVEY, ABSTRACT NO. 128, and the HRS. H. COVINGTON SURVEY, ABSTRACT NO. 256, in the City of Fort Worth, Tarrant County, Texas, being all of a tract of land described in deed to West Worth Commerce Center as recorded in County Clerk's Instrument No. D221103162, Official Public Records, Tarrant County, Texas, and being a portion of Parcel 3 described in deed to Andrews 440 Ranch, L.P. as recorded in County Clerk's Instrument No. D214282388, Official Public Records, Tarrant County, Texas, and being more particularly described as follows: BEGINNING at a 5/8-inch iron rod found for the most Southerly Southeast corner of Lot 1R, Block 3, Marco Addition, an addition to the City of Fort Worth, Tarrant County, Texas, according to the plat thereof recorded in County Clerk's Instrument No. D220007205, Official Public Records, Tarrant County, Texas, said point being on the West line of a tract of land described in deed to Virgil Chapin "Chap" Reed, Jr. as recorded in County Clerk's Instrument No. D211091437, Official Public Records, Tarrant County, Texas, and being the Northwest corner of a tract of land described in deed to Virgil C. Reed, Jr. as recorded in County Clerk's Instrument No. D214279795, Official Public Records, Tarrant County, Texas; THENCE South 00 degrees 08 minutes 51 seconds East, and along the West line of said Virgil C. Reed, Jr., tract, a distance of 92.81 feet to a 1/2-inch iron rod with red plastic cap stamped "W.A.I. 5714" set for the Southwest corner of said Virgil C. Reed, Jr. tract; THENCE South 89 degrees 59 minutes 25 seconds East, along the South line of said Virgil C. Reed, Jr. tract, a distance of 469.19 feet to a mag-nail with metal disk stamped "W.A.I. 5714" set for corner on the approximate centerline of Almeda Street, a variable width right-of-way; THENCE South 00 degrees 02 minutes 57 seconds East, along the approximate centerline of said Almeda Street and the East line of said West Worth Commerce Center tract, a distance of 706.63 feet to a mag-nail found for corner; THENCE South 89 degrees 57 minutes 58 seconds West, departing the approximate centerline of said Almeda Street, a distance of 467.44 feet to a 1/2-inch iron rod found for the Northwest corner of Lot 1, Block 1, Westridge Nazarene Subdivision, an addition to the City of Fort Worth, Tarrant County, Texas, according to the plat thereof recorded in Volume 388-198, Page 37, Official Public Records, Tarrant County, Texas; THENCE South 00 degrees 02 minutes 02 seconds East, along the West line of said Lot 1, Block 1, a distance of 309.00 feet to a mag-nail found for the Southwest corner of said Westridge Nazarene Subdivision on the approximate centerline of Chapin Road (no width specified) and the North line of said Parcel 3; THENCE North 89 degrees 36 minutes 59 seconds East, along the approximate centerline of said Transportation Impact Fee Credit Agreement- CA-26-002 Page 6 of 20 West Worth Commerce Center 7/20/2026 Chapin Road and the North line of said Parcel 3, a distance of 330.27 feet to a point for corner at the intersection of the proposed centerline of Chapin Road with the North line of said Parcel 3, said point being the beginning of a non -tangent curve to the left having a radius of 507.63 feet, a central angle of 34 degrees 53 minutes 57 seconds, a chord bearing of South 72 degrees 15 minutes 01 seconds West, and a chord length of 304.44 feet; THENCE along said proposed centerline of Chapin Road, the following courses and distances: Along said non -tangent curve to the left, an are distance of 309.20 feet to a point for corner; South 54 degrees 53 minutes 04 seconds West, a distance of 236.83 feet to a point for corner, said point being the beginning of a curve to the right having a radius of 510.87 feet, a central angle of 36 degrees 36 minutes 41 seconds, a chord bearing of South 73 degrees 1 I minutes 24 seconds West, and a chord length of 320.91 feet; Along said curve to the right, an arc distance of 326.44 feet to a point for corner; North 88 degrees 30 minutes 15 seconds West, a distance of 925.08 feet to a 1/2-inch iron rod with red plastic cap stamped "W.A.I. 5714" set for the Northeast corner of a tract of land described in deed to JPMorgan Chase Bank N.A. and Cheryl M. Jones, Co -Trustees as recorded in County Clerk's Instrument No. D220255535, Official Public Records, Tarrant County, Texas, on the approximate centerline of said Chapin Road; THENCE North 88 degrees 30 minutes 15 seconds West, along the approximate centerline of said Chapin Road and the North line of said JPMorgan Chase Bank tract, a distance of 607.07 feet to a mag-nail found for the most Southerly Southwest corner of said West Worth Commerce Center tract on the approximate centerline of a creek designated as "Stream MSC-2A" per Federal Emergency Management Agency Flood Insurance Rate Map, Panel 280, Map Number 48439CO280K, revised September 25, 2009; THENCE departing the approximate centerline of said Chapin Road, along the approximate centerline of said creek, the following courses and distances: North 48 degrees 28 minutes 26 seconds West, a distance of 96.72 feet to a point for corner; North 24 degrees 36 minutes 10 seconds West, a distance of 50.39 feet to a point for corner; North 24 degrees 31 minutes 26 seconds West, a distance of 20.05 feet to a point for corner; North 08 degrees 35 minutes 22 seconds West, a distance of 10.72 feet to a point for corner; North 34 degrees 28 minutes 01 seconds East, a distance of 44.56 feet to a point for Transportation Impact Fee Credit Agreement- CA-26-002 Page 7 of 20 West Worth Commerce Center 7/20/2026 corner; North 46 degrees 06 minutes 26 seconds East, a distance of 48.90 feet to a point for corner; North 48 degrees 29 minutes 43 seconds West, a distance of 78.88 feet to a point for corner; North 73 degrees 04 minutes 29 seconds West, a distance of 38.88 feet to a point for corner; North 27 degrees 08 minutes 56 seconds West, a distance of 52.57 feet to a point for corner; North 30 degrees 53 minutes 23 seconds East, a distance of 79.47 feet to a point for corner; North 25 degrees 46 minutes 11 seconds East, a distance of 75.29 feet to a point for corner; North 64 degrees 49 minutes 27 seconds East, a distance of 86.34 feet to a point for corner; North 22 degrees 49 minutes 27 seconds East, a distance of 39.39 feet to a point for corner; North 35 degrees 49 minutes 46 seconds West, a distance of 31.19 feet to a point for corner; North 13 degrees 41 minutes 48 seconds West, a distance of 43.43 feet to a point for corner; North 18 degrees 30 minutes 18 seconds West, a distance of 52.35 feet to a point for corner; North 74 degrees 34 minutes 18 seconds East, a distance of 63.04 feet to a point for corner; South 79 degrees 11 minutes 46 seconds East, a distance of 96.89 feet to a point for corner; North 39 degrees 55 minutes 19 seconds East, a distance of 107.99 feet to a point for corner; North 02 degrees 10 minutes 20 seconds West, a distance of 39.31 feet to a point for corner; Transportation Impact Fee Credit Agreement- CA-26-002 Page 8 of 20 West Worth Commerce Center 7/20/2026 North 55 degrees 15 minutes 27 seconds West, a distance of 30.97 feet to a point for corner; South 32 degrees 36 minutes 58 seconds West, a distance of 35.40 feet to a point for corner; North 54 degrees 48 minutes 57 seconds West, a distance of 18.33 feet to a point for corner; North 23 degrees 33 minutes 37 seconds West, a distance of 59.95 feet to a point for corner; North 48 degrees 57 minutes 52 seconds West, a distance of 32.84 feet to a point for corner; North 23 degrees 22 minutes 56 seconds East, a distance of 22.97 feet to a point for corner; North 59 degrees 55 minutes 47 seconds East, a distance of 58.46 feet to a point for corner; North 37 degrees 34 minutes 57 seconds West, a distance of 43.01 feet to a point for corner; North 52 degrees 05 minutes 34 seconds East, a distance of 61.50 feet to a point for corner; North 19 degrees 32 minutes 25 seconds West, a distance of 85.83 feet to a point for corner; North 75 degrees 48 minutes 45 seconds East, a distance of 37.63 feet to a point for corner; South 48 degrees 54 minutes 22 seconds East, a distance of 51.20 feet to a point for corner; North 02 degrees 01 minutes 20 seconds West, a distance of 57.29 feet to a point for corner; North 41 degrees 48 minutes 45 seconds West, a distance of 33.63 feet to a point for corner; North 58 degrees 01 minutes 31 seconds West, a distance of 74.60 feet to a point for corner; North 25 degrees 42 minutes 53 seconds West, a distance of 99.62 feet to a point for corner; Transportation Impact Fee Credit Agreement- CA-26-002 Page 9 of 20 West Worth Commerce Center 7/20/2026 North 08 degrees 14 minutes 03 seconds West, a distance of 70.62 feet to a point for corner; North 27 degrees 22 minutes 42 seconds East, a distance of 7.98 feet to a point for corner; North 14 degrees 35 minutes 14 seconds West, a distance of 18.61 feet to a point for corner; North 81 degrees 36 minutes 07 seconds West, a distance of 20.07 feet to a point for corner; North 12 degrees 41 minutes 56 seconds West, a distance of 35.82 feet to a point for corner; South 86 degrees 48 minutes 08 seconds West, a distance of 34.95 feet to a point for corner; North 14 degrees 07 minutes 55 seconds East, a distance of 32.10 feet to a point for corner; North 43 degrees 07 minutes 56 seconds East, a distance of 13.82 feet to a point for corner; North 69 degrees 04 minutes 41 seconds East, a distance of 19.54 feet to a point for corner; North 25 degrees 07 minutes 48 seconds East, a distance of 10.65 feet to a point for corner; North 01 degrees 00 minutes 41 seconds East, a distance of 2.30 feet to a 1/2-inch iron rod with red plastic cap stamped "W.A.I. 5714" set for the Northwest corner of said West Worth Commerce Center tract on the South line of a tract of land described in deed to Havener Rupert Limited Partnership as recorded in County Clerk's Instrument No. D 199257059, Official Public Records, Tarrant County, Texas; THENCE South 88 degrees 59 minutes 19 seconds East, along the Westerly North line of said West Worth Commerce Center tract and the South line of said Havener Rupert Limited Partnership tract, passing the Southeast corner of said Havener Rupert Limited Partnership tract and the Southwest corner of said Lot 3, Block 3, at a distance of 36.86 feet, along the South line of said Lot 3, Block 3, an additional distance of 1,914.97 feet, a total distance of 1,951.83 feet to the POINT OF BEGINNING. CONTAINING within these metes and bounds 71.741 acres or 3,123,860 square feet of land, more or less. Transportation Impact Fee Credit Agreement- CA-26-002 Page 10 of 20 West Worth Commerce Center 7/20/2026 Bearings shown hereon are based upon an on -the -ground Survey performed in the field on the 29th day of January, 2021, utilizing a G.P.S. bearing related to the Texas Coordinate System, North Texas Central Zone (4202), NAD 83, grid values from the GeoShack VRS network. Transportation Impact Fee Credit Agreement- CA-26-002 Page 11 of 20 West Worth Commerce Center 7/20/2026 EXHIBIT B Map of Property: West Worth Commerce Center Final Plat, FP-22-079 VICINITY MAP CITY PROJECT NO MAPSCO NO. N.T.S. 104063 72Q,R,U.V COUNCIL DISTRICT #3 Winkelmann OWNER: ,EST wURTH COMMERCE CENTER, LLC v LL STREET, SUITE 1280 : LLAS, TX 75201 DEVELOPER: - Al:Ni 1UIa, q�dFHF f b.Ndfu Ile AE ST WORTH COMMERCE CENTER, LLC °.<.ai.. N.T.S. On* -December 79, Zf s625 N. HALL STREET. SUITE 1280 ow. Fb 7870CFA EXHI RS.dwa OALLA$, TX 75201 VICINITY MAP WEST WORTH COMMERCE CENTER LOTS 1-5. BLOCK A CPN: PIPRC22-0012 FORT WORTH. TEXAS um L.B. CRESWELL SURVEY, ABST 367 ]( J BURSSEY SURVEY, ABST 128 HAYSCOVINCTON SURVEY, ABST 256 F J.F. ELUOTT SURVEY, ABST. 493 6 Transportation Impact Fee Credit Agreement- CA-26-002 Page 12 of 20 West Worth Commerce Center 7/20/2026 EXHIBIT C Development Plan: West Worth Commerce Center Final Plat, FP-22-079 I I .. ! r-7 ""' - watMgetx ooi�ra carte FP-22-079 171 r Transportation Impact Fee Credit Agreement- CA-26-002 Page 13 of 20 West Worth Commerce Center 7/20/2026 j; i fi " `II ._ I I ;I ! 1 li I I -Fill I MCMT IF � - Transportation Impact Fee Credit Agreement- CA-26-002 Page 14 of 20 West Worth Commerce Center 7/20/2026 EXHIBIT D _Eligible Transportation Improvements ' PALO PINTO lw - — — , CAMP BOWIE wESr FORT WORTH® N CAMP SOME WEST ec .► 80 M_- , , .,..,.,,.,,..� West Worth Commerce Center W. I' 1' Eligible Transportation Improvements for r 07 Credit against Transportation Impact Fees r S tit ..: . Key '� ` �. `�',+-•a-» �"�' - Development Plan Area SAN JACINTO -Right-of-Way Dedication / Roadway Construction n 11 Eligible Improvements Chapin Road Alemeda Street Chapin Road Alemeda Street r 2 U 2 Q a 3 o ` X 2 � Q CHAP(N CHAPIN in _r__-__ _ _ _ r .___.­ FP-22-079 Right-of-way dedication Chapin Road FP-22-079 CFA24-0182 Construction of paving, drainage, CPN 104063 streetlight IPRC22-0096 CFA24-0182 CPN 104063 IPRC22-0096 Transportation Impact Fee Credit Agreement- CA-26-002 Page 15 of 20 West Worth Commerce Center 7/20/2026 EXHIBIT E Credits Against Transportation Impact Fees West Worth Commerce Center Transportation Impact Fee Credit Overview Value of ROW Dedication Instrument # Final Plat # Eligible Arterial Value D225039351 FP-22-079 Chapin Rd $544,995.64 D225039351 FP-22-079 Alemeda St $104,326.57 TOTAL ROW TRANSPORTATION IMPACT FEE CREDIT $649,322.21 THE Eligible Community Facilities Agreement Construction -100% Eligible City Secretary # CFA # Eligible Arterial Value CFA24-0182 62597 CPN 104063 Chapin Rd & Alemeda St $2,676,837.38 IPRC22-0096 TOTAL COMMUNITY FACILITIES AGREEMENT $2,676,837.38 CREDIT Engineering, Surveying, and Material Testing = 20% of total $535,367.48 eligible construction costs TOTAL TRANSPORTATION IMPACT FEE $3,861,527.07 CREDIT Transportation Impact Fee Credit Agreement- CA-26-002 Page 16 of 20 West Worth Commerce Center 7/20/2026 Right -of -Way Valuation for West Worth Commerce Center Valuation Method 1- Precentage of TIP Project Cost Eligible Arterial Chapin Road Alemeda Street 2022 Transportation Improvements Plan Project Number T-2 T-6 Estimated Construction Costs from 2022 Transportation Improvements Plan $6,389,000 $2,487,000 Value of Total Project Right -of -Way (20% of Construction Cost) $1,277,800 $497,400 Total Project Length (LF) 2,665 1,785 Arterial Cross -Section Width (LF) 110 80 Additional ROW needed for Roundabout (SF) $0 $0 Total Project Right -of -Way (SF) 293150 142,800 Right -of -Way Value Per Square Foot $4.36 $3.49 Valuation Method 2 - Precentage of Construction Project Cost Eligible Arterial Chapin Road Alemeda Street City Project Number 104063 104063 Final Construction Costs from Notice of Completion (Green Sheet) $2,156,188.81 $520,648.56 Value of Total Project Right -of -Way (20% of Construction Cost) $431,238 $104,130 Total Project Length (LF) 2394 707 Arterial Cross -Section Width (LF) 55 45 Additional ROW needed for Roundabout (SF) 0 0 Total Project Right -of -Way (SF) 131,688 31,798 Right -of -Way Value Per Square Foot $3.28 $3.28 Valuation Method 3 - TAD appraised value TAD Value as of 08/9/2023 Chapin Road Alemeda Street TAD Account 42618264 4994035 Total Area (SF) 310,844 185,566 Appraised Value $285,440.00 $278,348.00 Value per Square Foot $0.92 $1.50 Right -of -Way Dedication Chapin Road Alemeda Street Recording Instrument Number D225039351 D225039351 Final Plat Number FP-22-079 FP-22-079 Recording Date 3/7/2025 3/7/2025 Total area of ROW dedicated (SF) 124,999 29,893 Value per SF $4.36 $3.49 ROW Credit Available $544,995.64 $104,326.57 Transportation Impact Fee Credit Agreement- CA-26-002 Page 17 of 20 West Worth Commerce Center 7/20/2026 West Worth Commerce Center Value of Eligible Community Facilities Agreement Construction, CPN 104063 Bidlist Item No. Description Unit Completed Quantity Eligible Quantity Unit Price Credit Available UNIT III: DRAINAGE IMPROVEMENTS 1 21" CL III RCP LF 165 165 $73.00 $12,045.00 2 3341.0205 24" RCP, Class III LF 820 820 $86.50 $70,930.00 3 3341.0302 30" RCP, Class III LF 1015 1015 $107.50 $109,112.50 4 30" CL IV RCP LF 110 110 $138.00 $15,180.00 5 3 3 " CL III RCP LF 435 435 $144.50 $62,857.50 6 3341.0309 36" RCP, Class III LF 1400 1400 $165.50 $231,700.00 7 3349.0001 4' Storm Junction Box EA 10 10 $9,000.00 $90,000.00 8 3349.0002 5' Storm Junction Box EA 3 3 $18,000.00 $54,000.00 9 3349.5001 10' Curb Inlet EA 7 7 $7,200.00 $50,400.00 10 3349.8001 10' Type 2 Inlet EA 3 3 $10,900.00 $32,700.00 11 3349.1003 24" Flared -Wing (Straight Wing is shown) Headwall, 1 Pie EA 1 1 $6,300.00 $6,300.00 12 30" FW Headwall EA 1 1 $7,100.00 $7,100.00 13 3349.1007 36" Flared -Wing Headwall, 1 Pie EA 1 1 $9,200.00 $9,200.00 14 3137.0104 Medium Stone Riprap, Dry SF 930 930 $14.50 $13,485.00 15 3305.0109 Trench Safety LF 3835 3835 $1.00 $3,835.00 16 3349.7001 4' Drop Inlet EA 1 1 $7,500.00 $7,500.00 TOTAL UNIT III: DRAINAGE IMPROVEMENTS $776,345.00 UNIT IV: PAVING IMPROVEMENTS 1 2 3201.0203 Asphalt Pavement Repair Beyond Defined Width, Industrial _ 3213.0104 9" Cone. Pvmt. SY 1334.77 1334.77 $75.93 $101,353.00 SY 9468.5 9468.5 $123.92 $1,173,358.99 2 3 3213.0301 4" Cone. Sidewalk 3213.0501 Barrier Free ramp, Type P-1 3211.0502 8" Lime Treatment SF 15041.15 15041.15 $7.50 $350.00 $6.50 $5.11 $1,500.00 $112,808.63 $3,150.00 $65,879.45 EA 9 9 4 SY 10135.3 1 10135.3 5 6 3292.0100 Block Sod Placement 3471.0001 Traffic Control SY 13021 13021 3 3 $66,537.31 $4,500.00 MO TOTAL UNIT IV: PAVING IMPROVEMENTS $1,527,587.38 UNIT V: STREET LIGHTING IMPROVEMENTS 1 2 3441.3037 Furnish/Install Rdwy Illum TY 18 Light Pole & Fixture LED Street light conduits and power lines EA LF 17 3050 17 3050 $1,455.00 $114.15 $24,735.00 $348,170.00 TOTAL UNIT V: STREET LIGHTING IMPROVEMENTS $372,905.00 UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS 1 I I I 1 1 $0.00 TOTAL UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS 1 1 $0.00 Transportation Impact Fee Credit Agreement- CA-26-002 Page 18 of 20 West Worth Commerce Center 7/20/2026 Bid Summary UNIT III: DRAINAGE IMPROVEMENTS $776,345.00 UNIT IV: PAVING IMPROVEMENTS $1,527,587.38 UNIT V: STREET LIGHTING IMPROVEMENTS $372,905.00 UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS $0.00 VALUE OF CFA22-0002, CPN 103273 ELIGIBLE CONSTRUCTION SUBTOTAL $2,676,837.38 Transportation Impact Fee Credit Agreement- CA-26-002 Page 19 of 20 West Worth Commerce Center 7/20/2026 EXHIBIT F Allocation of Credits Allocation of Credits shall be as listed below and then on a first-come/first-served basis within the preliminary plat boundary of West Worth Commerce Center Final Plat, FP-22-079 and shall run with the land; provided, however, that no development within the boundary shall have the right to utilize credits under this agreement unless the Owner submits to the City a written request or notice approving the use of credits for the applicable development. Plat number, Lot Number Credit allocation FP-22-079- Lot 2 $1,100,000.00 FP-22-079- Lot 1, 3 & 4 $2,761,527.07 Transportation Impact Fee Credit Agreement- CA-26-002 Page 20 of 20 West Worth Commerce Center 7/20/2026 FORT WORTH. City Secretary's Office Contract Routing & Transmittal Slip Contractor's Name: West Worth Owner LLC Subject of the Agreement: Road Construction and ROW dedication. 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 0 No ❑ 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: Date ACM signs If different from the approval date. Expiration Date: 10 years of when ACM signs If applicable. Is a 1295 Form required? * Yes ❑ No 21 *If so, please ensure it is attached to the approving M&C or attached to the contract. Project Number: If applicable. CA-26-002 *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.