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HomeMy WebLinkAbout065053-E1 - General - Contract - Hines Acquisitions, LLCDocusign Envelope ID: FAD99021-6166-8C43-806F-3EC72901 01 F7 City Secretary Contract No. S 3 I SECOND AGREEMENT TO EXTEND CITY'S CONSENT TO CREATION OF A MUNICIPAL UTILITY DISRICT This Second 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 executed an Agreement to Extend the City's Consent to the Creation of a Municipal Utility District, to extend the deadline to July 31, 2026, City Secretary Contract Number 65053; 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 August 31, 2026. [SIGNATURE PAGE FOLLOWS] RUC 2142-16 pm2:4 OFFICIAL RECORD CITY SECRETARY FT WORTH, TX SECOND AGREEMENT TO EXTEND CITY'S CONSENT TO Page 1 of 2 CREATION OF A MUNICIPAL UTILITY DISRICT Docusign Envelope ID: FAD99021-6166-8C43-806F-3EC72901 01 F7 IN TESTIMONY WHEREOF, the City and Hines have executed this Agreement by their duly authorized representatives to be effective on July 31, 2026. CITY OF FORT WORTH: By: _ V&)v'4Z` Dana Burghd Assistant City Manager Date: Approved as to Form & Legality: Richard A. McCracken Sr. Assistant City Attorney M&C No. N/A Form 1295: N/A ATTEST: jk...tgKG Jannetib Goodall City Secretary u 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. Name: -/� /� r Title: HINES: By: Hines Acquisitions, LLC, a Delaware limited liability company, By: HINES INTERESTS LIMITED PARTNERSHIP, a Delaware limited partnership, its sole member By: Proj II — Business GP LLC, a Delaware limited liability company, its general partner LD DocuSigned by: ER WM B •y.885053BBCBB3470... Name: Robert W. Witte Title: Senior Managing Director Date: 8/20/2026 OFFEi"IAL RECORD CP l i? rc(F—,R ETA,RY rill *fORTHg TX AGREEMENT TO EXTEND CITY'S CONSENT TO Page 2 of 2 CREATION OF A MUNICIPAL UTILITY DISRICT FORT WORTH00 City Secretary's Office Contract Routing & Transmittal Slip Contractor's Name: Hines Acquisitions, LLC Subject of the Agreement: M&C Approved by the Council? * Yes ❑ No 0 If so, the M&C must be attached to the contract. Is this an Amendment to an Existing contract? Yes M No ❑ Ifso, provide the original contract number and the amendment number. Is the Contract "Permanent"? *Yes A No ❑ If unsure, see backpage forpermanent contract listing. 65053 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: Upon execution If different from the approval date. Expiration Date: N/A If applicable. Is a 1295 Form required? * Yes ❑ No FA *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 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.