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HomeMy WebLinkAboutContract 45034-A1 AMENDMENT NUMBER 1 CITY SECRETARYt CONTRACT NO.. 1' 19y±) STATE OF TEXAS S CITY SECRETARY CONTRACT NO. 45034 COUN'T'Y OF TARRANT S WHEREAS, the City of Fort Worth (CITY) , the Fort Worth Convention and Visitors Bureau (CVB) and Hunden Strategic Partners, Inc. (CONSULTANT) made and entered into City Secretary Contract No. 45034, (the CONTRACT) which was authorized by the City Council by M&C C-26509 on the 15th day of October, 2013 in the amount of $162, 000; and WHEREAS, the Contract involves professional services for the Market and Feasibility analysis; and WHEREAS, it has become necessary to execute Amendment No. 1 to said Contract to include an increased scope of work and revised maximum fee; NOW THEREFORE, CITY, CVB AND CONSULTANT, acting herein by and through their duly authorized representatives, enter into the following agreement, which amends the Contract: 1. Article I of the Contract is amended to include the additional services below: • Analyzing, modeling and estimating financing sources, such as hotel taxes, for potential developments; sizing the project as it relates to those funding sources; • Conducting site strategy analyses with the City/CVB as it relates to specific hotel and related developments; �v rn • Preparing for hotel developer selections processes, including strategy, incentive modeling; rn cn • Other items related to the development of hotels, the my renovation/expansion of the FWCC and WRMC arena that are not specified in the current contract, as requested by the City, FWCC °O or CVB • Travel, research and other items related to the above, as requested by the City, FWCC or CVB. The cost to City for the additional services to be performed by CONSULTANT shall not exceed $50, 000.00. The cost to CVB for the additional services to be performed by CONSULTANT shall not exceed $50, 000 . OFFICIAL RECORD Page -1- CITY SECRETARY FT. WORTH,TX 2 . Article II of the Contract is amended to provide for an increase in the maximum fee to be paid to CONSULTANT for all work and services performed under the Contract, as amended, so that the total fee paid by the City for all work and services shall not exceed the sum of $141, 000.00. 3 . All other provisions of the Contract, which are not expressly amended herein, shall remain in full`force and effect. EXECUTED on this the `7� day of 2014 in Fort Worth, Tarrant County, Texas. ATTEST: APPROVED: i � '-00000 T Mary J. K s fig° � s Alanis City Secretary = Assistant City Manager :6eoao000° Q Date: ��� Date: APPROVAL RECOMMENDED: FORT WORTH CONVENTION & VISITORS BUREAU Kirk N. Slaughter Bo ame on Director, Public Events Department Pres t and CEO Date: Date: HUNDEN STRATEGIC PARTNERS CONSULTANT / J° r R in Scott Hunden Principal OFFICIAL RECORD CITY SECRETARY FT,WORTH,TX Page -2- Date: APPROVED AS TO FORM AND LEGALITY: 9n Doug Black Assistant City Attorney Page -3-