HomeMy WebLinkAbout064427-A1 - Construction-Related - Contract - PMB SWFW Dev Co Manager LLCDate Received: 10/01/2026__________________
Time Received: 8:46 a.m.
City Secretary
Contract No.: 64427-A1
FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 64427
A COMMUNITY FACILITIES AGREEMENT BETWEEN
THE CITY OF FORT WORTH AND PMB SWFW Dev Co Manager LLC
This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER
64427 ("First Amendment") is made and entered into by and between the City of Fort Worth
("City"), a home -rule municipal corporation of the state of Texas, and PMB SWFW Dev Co
Manager LLC ("Developer"), a Texas limited partnership.
WHEREAS, the City and Developer entered into a Community Facilities Agreement
for the construction of public infrastructure improvements for a Project known as VENTANTA
WEST PHASE 1A, City Project Number 106015, ("CFA"); and
WHEREAS, City and Developer executed a Completion Agreement as the financial
guarantee for the Improvements in the CFA ("Completion Agreement"); and
WHEREAS, the CFA and the Completion Agreement are filed with the City Secretary
as City Secretary Contract Number 64427; and
WHEREAS, Developer desires to replace the Completion Agreement with a
Development Bond as the financial guarantee for the remaining Improvements to be constructed
pursuant to the CFA;
NOW THEREFORE, City and Developer, acting herein by and through their duly
authorized representatives, enter into the following agreement, which amends City Secretary
Contract Number 64427:
1.
Section 5 of the CFA is amended to add the following paragraph:
Developer has delivered to the City a Development Bond in the amount of
$1,214,216.10 guaranteeing Developer's obligation to complete construction of the
remaining Improvements and pay all contractors and material suppliers. City and
Developer agree that the Developer may replace the Completion Agreement with the
Development Bond as the financial guarantee for the remaining Improvements.
City of Fort Worth, Texas
First Amendment to City Secretary Contract No.64427
Page 1 of 3
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
2.
The Completion Agreement is terminated.
3.
a. All other provisions of City Secretary Contract No.64427 which are not expressly
amended herein, shall remain in full force and effect.
b. All terms in this First Amendment that are capitalized, but not defined, shall have the
meanings ascribed to those terms in City Secretary Contract No.64427.
[SIGNATURES ON FOLLOWING PAGE]
City of Fort Worth, Texas
First Amendment to City Secretary Contract No.64427
Page 2 of 3
IN TESTIMONY WHEREOF, the City and Developer have executed this First
Amendment to be effective on the date signed by the City's Assistant City Manager.
CITY OF FORT WORTH
DEVELOPER
PMB SWFW Dev Co Manager LLC
Dana Burghdoff (Sep , 2026 11. :05 CDT)
Jesica McEachem
Assistant City Manager
Date: 09/30/2026
Recommended by:
Leonel Rios
Sr. Contract Compliance Specialist
Development Services
Approved as to Form & Legality:
Jessika Williams
Assistant City Attorney
M&C No. N/A
Form 1295: N/A
ATTEST:
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Jannette S. Goodall
City Secretary
City of Fort Worth, Texas
First Amendment to City Secretary Contract No.64427
Page 3 of 3
Taylor gird (Sep 29, 2026 17:15:48 CDT)
K. Taylor Baird
Manager
Date: 09/29/2026
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.
Kandice Merrick
Contract Compliance Manager
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
FORT WORTH®
City Secretary's Office
Contract Routing & Transmittal Slip
Contractor's Name: PMB SWFW Dev Co Manager LLC
Subject of the Agreement:
CFA - Amendment
M&C Approved by the Council? * Yes ❑ No II
If so, the M&C must be attached to the contract.
Is this an Amendment to an Existing contract? Yes 0 No 0 64427
If so, provide the original contract number and the amendment number.
Is the Contract "Permanent"? *Yes 0 No ❑
If unsure, see back page 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:
If different from the approval date.
Expiration Date:
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. 106015
*Did you include a Text field on the contract to add the City Secretary Contract (CSC)
number? Yes 0 No 0
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.
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