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Home My WebLink About063019-R1 - General - Contract - Con-Real Support Group, LLCCSC No. 63019-R1 CITY OF FORT WORTH CONTRACT RENEWAL NOTICE July 16, 2026 Con -Real Support Group, LLC Attn: Angela Tucker, VP of Finance & Risk Mgt 2170 E. Lamer Blvd Arlington, TX 76006 Re: Contract Renewal Notice Contract No. CSC No. 63019 (the "Contract") Renewal Term No. 1: March 25, 2026, to March 26, 2027 The above referenced Contract with the City of Fort Worth expires on March 24, 2026 (the "Expiration Date"). Pursuant to the terms Contract, the Contract may be renewed by the mutual consent of the parties for up to two one-year renewal terms. This letter will memorialize the collective desire of the parties to renew the Contract for its first renewal term, which will begin immediately after the Expiration Date. All other terms and conditions of the Contract remain unchanged. Please return this signed acknowledgement letter to the address set forth below acknowledging receipt of the Contract Renewal Notice. Please log onto PeopleSoft Purchasing at http://fortworthtexas.goy/purchasing to insure that your company information is correct and up-to-date. If you have any questions concerning this Contract Renewal Notice, please contact me at the telephone number listed below. Sincerely, ak)VOP Andrea Wright (Jul 16, 202� 11:41:15 CDT) Andrea Wright, Assistant Director Public Events Department (817)-392-2502 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Contract Renewal Page 1 of 2 CSC No. ACCEPTED AND AGREED: CITY OF FORT WORTH CONTRACT COMPLIANCE MANAGER: By signing I acknowledge that I am the person responsible for the monitoring and administration AQNw&k_ of this contract, including ensuring all By: Dianna Giordano (Aug 6, 2026 09:26:42 CDT) performance and reporting requirements. Name: Dianna Giordano Title: Assistant City Manager ��By: AndreaWright (J026 13:17:37 CDT) Name: Andrea Wright APPROVAL RECOMMENDED: Title: Assistant Director -Public Events �� APPROVED AS TO FORM AND LEGALITY: By: Cynthia Serrano (Jul 31, 2026 10:30:25 CDT) Name: Cynthia Sanchez Serrano Title: Director- Public Events By: Name: Taylor C. Paris ATTEST: Title: Assistant City Attorney n oO4 FORTkEOpO CONTRACT AUTHORIZATION: °daaX.,obo a 0000� M&C: 25-0221 By: Date Approved: 3/11/2025 Name: Jannette Goodall Title: City Secretary Form 1295 Certification No. Con -Real Support Group, LLC By: Name: Angela Tucker Title: VP of Finance & Risk Mgt 07/24/2026 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Contract Renewal Page 2 of 2 City of Fort Worth, Texas Mayor and Council Communication DATE: 03/11/25 M&C FILE NUMBER: M&C 25-0221 LOG NAME: 25CONSULTANT TO SELECT MASTER DEVELOPER FOR COMMERCE ST SITE SUBJECT (CD 9) Authorize Execution of a Professional Services Agreement with Con -Real Support Group, Inc. in the Amount Up to $290,000.00 to Assist the City in the Selection of a Developer for the Site on Commerce Street Created by Phase 1 of the Fort Worth Convention Center Expansion and Renovation Project, and Adopt Appropriation Ordinance. RECOMMENDATION: It is recommended that the City Council: 1. Authorize execution of a Professional Services Agreement with Con -Real Support Group, Inc. in the amount up to $290,000.00 to advise the City on the selection of a developer for the development of the site on Commerce Street created by Phase 1 of the Fort Worth Convention Center Expansion and Renovation project; and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Culture and Tourism Fund, in the amount of $290,000.00, from available fund balance, for the purpose of hiring a consultant to assist the City in the selection of a developer for the site on Commerce Street created by the Phase 1 of the Fort Worth Convention Center Expansion and Renovation project. DISCUSSION: Phase 1 of the Fort Worth Convention Center (FWCC) Expansion and Renovation project includes the straightening of Commerce Street. The straightening of Commerce Street creates a new City -owned parcel that can be developed to support the Convention Center, Texas A&M Campus, and other development occurring in the Southeast quadrant of Downtown. To fulfill the development recommendations described in the Convention District Development Study and accommodate needs of ongoing development downtown, the Commerce Street property should include a 600-1,000-room hotel, parking to support the Convention Center, Texas A&M and hotel, and retail opportunities designed to cater to visitors to the FWCC and Texas A&M. The staffs recommendation is that this development be managed by a single developer. The City intends to maximize the value of its investment through the selection of the developer. To ensure this return on investment goal is attained, the City will hire a consultant to assist in the selection of this development partner. The preferred consulting team will be familiar with public -private partnerships, local development market conditions and have prior experience in similar projects. The staff's recommendation is to engage Arlington -based Con -Real Support Group for this purpose. Con -Real Support Group offers a unique combination of all of the aforementioned expertise that cannot be found in other consulting firms. The Con -Real consulting team is a combination of public, private, and semi-public officials who are familiar with public -private partnerships in a public setting. The firm's experience includes the development of the Tarrant County Entertainment District in Arlington, featuring two Loews hotels, Arlington Convention Center, and the Texas Live entertainment facility. Con -Real team members have also been involved in multiple hotel and mixed -use developments in the DFW Metroplex, AT&T Stadium, convention center renovations in Dallas and Irving, and renovation of State Farm Arena in Atlanta (adjacent to CNN Center and Mercedes Benz Stadium). A registered Business Equity firm in the Metroplex, Con -Real is uniquely positioned to assist the City of Fort Worth in the selection of a developer for the Commerce Street property. Con-Real's engagement will begin after Council approval of the agreement and conclude with the negotiation of an agreement with the developer of choice. Con-Real's base fee for this work is $190,000.00, which provides for the firm to advise the City through the selection of a developer. If the firm advises the City on contract negotiations with the selected developer, those services are provided on a time and materials basis, capped at $100,000.00. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are currently available in fund balance within the Culture and Tourism Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the Culture and Tourism Fund. Prior to an expenditure being incurred, the Public Events Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office W. Jesica McEachern 5804 Originating Business Unit Head: Michael Crum 2501 Additional Information Contact: Andrea Wright 2502 FORT WORTH. City Secretary's Office Contract Routing & Transmittal Slip Contractor's Name: Con -Real Support Group LLC Subject of the Agreement: Contract No. CSC 63019, Renewal term No. 2: March 25,2026-March 26,2027 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: March 25, 2026 If different from the approval date. Expiration Date: March 26, 2027 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. *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.