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HomeMy WebLinkAboutContract 29028 0i-25-03 P03 : 17 IN CONSENT AGREEMENT CITU RECRETARY a9Q CGty-I o;f;C 1 NO. STATE OF TEXAS COUNTY OF TARRANT THIS AGREEMENT is made and entered into by and between the City of Fort Worth, a municipal corporation of Tarrant Count, Texas, acting herein by and through its duly authorized City Manager or duly designated Assistant City Manager, hereinafter referred to as the "City"), and CRESCENT REAL ESTATE FUNDING I, L.P., a Delaware limited partnership (herein "CRESCENT"), acting herein by and through its duly authorized General Partner, herein after referred to as "Grantee". RECITALS: WHEREAS, THE CITY OF FORT WORTH, TEXAS, a Texas home-rule municipal c orporation (the "City") e ntered i nto an a greement (City S ecretary C ontract No. 10609) entitled "Developer's Contract and Agreement", dated September 7, 1979, with HUNT INVESTMENT CORPORATION, a Delaware corporation ("HIC"), as amended by Instrument entitled "First Amendment to Developer's Contract and Agreement" dated December 27, 1979, between the City and HIC, as further amended by Instrument entitled "Second Amendment to Developer's Contract and Agreement" dated April 2 0, 1980 b etween t he C ity and H UNT HOTEL/FORT W ORTH, LTD., a Texas limited partnership ("Hunt Hotel"), the right, titles and interests of HIC under such agreement, as amended having been assigned by HIC to, and the obligations of HIC thereunder having been assumed by Hunt Hotel, such agreement as amended being herein referred to as the "Developer's Contract"; WHEREAS, CRESCENT succeeded to the interests and assumed the obligations of Hunt Hotel as to that certain sky bridge referred to in the Developer's Contract as the "Commerce Street Bridge" which provides elevated pedestrian sky bridge access between the Tower Site (now known as Carter Burgess Plaza) and the parking garage constructed across the street and to the south on the Big Tex Garage Site; WHEREAS, CRESCENT desires to add approximately 50 square feet of air rights to the Commerce Street Bridge to accommodate handicap access from the Big Tex Garage elevators to the sky bridge; WITNESSETH For and in consideration of the payment by grantee of the application charge set out below and the true and faithful performance of the mutual covenants herein contained, City hereby grants to Grantee permission to encroach upon, use and occupy portions of the space above the streets, sidewalks and other public right-of-way as shown on the attached Exhibit A. yj +I9 The location and description of said encroachment is more particularly described in Exhibit "A', attached hereto, incorporated herein and made a part hereof for all purposes. All construction, maintenance and operation in connection with such encroachment, use and occupancy shall be performed in strict compliance with the Charter, Ordinances and Codes of the City and in accordance with the directions of the Director of Transportation and Public Works of City, or his duly authorized representative. All plans and specifications thereof shall be subject to the prior written approval of the Director of Transportation and Public Works, or his duly authorized representative, but such approval shall not relieve Grantee of responsibility and liability for concept, design and computation in preparation of such plans and specifications. 3. Upon completion of construction and thereafter, there shall be no encroachments in, under, on or above the surface area of the streets, alleys, sidewalks and other public rights-of-way involved, except as described herein and shown on the hereinabove referred to Exhibit"A". 2 4. Grantee, at no expense to the City, shall make proper provisions for the relocation and/or installation of any existing or future utilities affected by such encroachment use and occupancy, including the securing of approval and consent from the utility companies and the appropriate agencies of the State and its political subdivisions. In the event that any installation, reinstallation, relocation or repair of any existing or future utility or improvements owned by, constructed by or on behalf of the public or at public expense is made more costly by virtue of the construction, maintenance or existence of such encroachment and use, Grantee shall pay to City an additional amount equal to such additional cost as determined by the Director of Transportation and Public Works of the City, or his duly authorized representative. 5. City may enter and utilize the referenced areas at any time for the purpose of installing or maintaining improvements necessary for the health, safety and welfare of the public or for any other public purpose. In this regard, City shall bear no responsibility or liability for damage or disruption of improvements installed by Grantee or its successors, but City will make reasonable efforts to minimize such damage. 6. In order to defray all costs of inspection and supervision which City has incurred or might incur as a result of the construction or maintenance of the 3 encroachments and uses provided for by this agreement, Grantee agrees to pay to City at the time this agreement is executed an application charge in the sum of Ej��jl V�" f Dollars 7. The initial term of this agraement shall be thirty (30) years, commencing on the date this agreement is executed by the City of t=ort Worth. 8. Upon termination of this agreement for any reason whatsoever, Grantee shall, at the option of City and at no expense to City, restore the public right-of- way and adjacent supporting structures to a condition acceptable to the Director of Transportation and Public Works, or his duly authorized representative, and in accordance with then existing City specifications. 9. It is further understood and agreed upon between the parties hereto that the City streets, alleys, sidewalks and other public rights-of-way, including the portions of such streets, alleys, sidewalks and other public rights-of-way to be used and encroached upon as described herein, are held by City as trustee for the public; that City exercises such powers over the streets as have been delegated to it by the Constitution of the State of Texas or by the Legislature; and that City cannot contract away its duty and its legislative power to control the streets for the use and benefit of the public. It is accordingly agreed that if the governing body of City, to wit, its City Council, should at any time during the term hereof determine in its sole discretion to use or cause or permit,the said portions 4 of the streets, alleys, sidewalks and other rights-of-way to be used for any other public purpose, including but not being limited to underground, surface or overhead communication, drainage, sanitary sewerage, transmission of natural gas or electricity, or any other public purpose, whether presently contemplated or not, then this agreement shall be automatically canceled or terminated. 10. Grantee understands and agrees that the granting of any encroachment hereunder is not meant to convey to Grantee any right to use or occupy property in which a third party may have an interest, and Grantee agrees that it will obtain all necessary permission before occupying such property. 11. Grantee agrees to comply fully with all applicable federal, state and local laws, statutes, ordinances, codes or regulations in connection with the construction, operation and maintenance of said encroachments and uses. 12. Grantee agrees to pay promptly when due all fees, taxes or rentals provided for by this agreement or by any federal, state or local statute, law or regulation. 13. Grantee covenants and agrees that it shall operate hereunder as an independent contractor as to all rights and privileges granted hereunder and not as an officer, agent, servant or employee of City; that Grantee shall have exclusive control of and the exclusive right to control the details of its operations, 5 and all persons performing same, and shall be solely responsible for the acts and omissions of its officers, agents, servants, employees, contractors, subcontractors, licensees and invitees; that the doctrine of respondeat superior shall not apply as between City and Grantee, its officers, agents, servants, employees, contractors and subcontractors, and nothing herein shall be construed as creating a partnership or joint enterprise between City and Grantee. 14. Grantee covenants and agrees to indemnify, and does hereby indemnify, hold harmless and defend City, its officers, agents, servants and employees, from and against any and all claims or suits for property damage or loss and/or personal injury, including death, to any and all persons, of whatsoever kind or character, whether real or asserted, arising out of or in connection with, directly or indirectly, the construction, maintenance, occupancy, use, existence or location of said encroachment and uses granted hereunder, whether or not caused, in whole or in part, by alleged negligence of officers, agents, servants, employees, contractor, subcontractors, licensees or invitees of the City; and Grantee hereby assumes all liability and responsibility for such claims or suits. Grantee shall likewise assume all liability and responsibility and shall indemnify City for any and all injury or damage to City property arising out of or in connection with any and all acts or omissions of Grantee, its officers, agents, servants, employees, -contractors, subcontractors, licensees, invitees, or trespassers. 6 15. Grantee agrees to furnish City with a Certificate of Insurance, naming City as certificate holder, as proof that it has secured and paid for a policy of public liability insurance covering all public risks related to the proposed use and occupancy of public property as located and described in Exhibit "A". The amounts of such insurance shall be not less than the following: Property damage, per occurrence $100,000 Bodily injury, per person $250,000 Bodily injury or death, per occurrence $500,000 with the understanding of and agreement by Grantee that such insurance amounts shall be revised upward at City's option and that Grantee shall so revise such amounts immediately following notice to Grantee of such requirement. Such insurance policy shall provide that it cannot be canceled or amended without at least ten (10) days prior written notice to the Building Official of the City of Fort Worth. A copy of such Certificate of Insurance is attached as attached as Exhibit "B". Grantee agrees to submit a similar Certificate of Insurance annually to City on the anniversary date of the execution of this agreement. Grantee agrees, binds and obligates itself, its successors and assigns, to maintain and keep in force such public liability insurance at all times during the term of this agreement and until the removal of all encroachments and the cleaning and restoration of the city streets. All insurance coverage required herein shall include coverage of all Grantee's contractors. 7 16. Grantee agrees to deposit with the City when this agreement is executed a sufficient sum of money to be used to pay necessary fees to record this Consent Agreement in its entirety in the deed records of Tarrant County, Texas. After being so recorded, the original hereof shall be returned to the City Secretary of the City of Fort Worth, Texas. 17. In any action brought by the City for enforcement of the obligations of Grantee, City shall be entitled to recover interest and reasonable attorney's fees. 18. Grantee covenants and agrees that it will not assign all or any of its rights, privileges or duties under this contract without the prior written approval of City, and any attempted assignment without such prior written approval shall be void. 19. This agreement shall be binding upon the parties hereto, their successors and assigns. r� EXECUTED this 1 "day of , 2003. CITY OF FORT WORTH, GRANTOR CRESCENT REAL ESTATE FUNDING I, n L.P., GRANTEE By: / C '�I,C� te-r By: CRE Management I Corp., Reid Rector, Asst. City Manager a Delaware corporation, its gener a r ATT T: By: City Sec tary APPRO TO FORM AND LEGALITY City Attorney contract AuthorizatiOn � J�03 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Reid Rector, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed, as the act and deed of the City of Fort Worth, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this � day of 20 �. ROSELLA BARNES fin: = NOTARY PUBLIC {*� '* State of Texas Notary Public in and for the fP: State of Texas Comm. Exp.03-31-2005 9 i STATE OF TEXAS COUNTY OF DALLAS BEFORE ME, the undersigned authority, a Nteary Public in and for the State of Texas, on this day personally appeared -a�, --o. 1J( �h S , known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, as the act and deed of Crescent Real Estate Equities Limited Partnership and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this I�-ay of , 2003. No ublic in and for the State of Texas CRESCENT REAL ESTATE project # 981098 ELEVATION d a t e 23MAY02 efC OC O P Y R I G H T 2003 51XTH 5TRFEf 1 5ELF-PARKING 5TRUCTURE DNTINENTAL PLAZA oclsnNc s�ao�e _ Ait;`A OP CONSTRUCTION wu tu w ~ VALET PARKING w N U 5TRUCTURE � z C� O L J O Q U U 5EVENRi 5TUEf FIF= 5D SITE PLAN SCALE: NTS `k �� �-I AO CRESCENT REAL ESTATE project # 981098 FLOOR PLAN d a t e 23MAY02 • ' ' a�� ,teCls OC O P Y R I G H T 2002 ENCROACHMENT AREA-89 5QUARE FEET OF NEW CON5TRUCTION ��•, =ENCROACHMENT PROP05ED 5'-0`OPENING 0 i W j,�. I � ' REMOVE EXI TING GLAZING LOBBY + 625.62' SKYBRIDGE I NEW 5TOREFRONT 101 1� ! _--------_ _ I _ i •, I � � I � 4.rsecsoe,n= I I I I I i i i i FLOOR PLAN SCALE: 1 /8" = 1 '-0" �� 2 3Al CRESCENT REAL ESTATE project # 981098 ELEVATION d a t e 23MAY02 O C O P Y R I G H T 2003 Ex Ex I GLAZING LEGEND OS SPANDREL PANEL V 1 V15ION PANEL _ LEVEL "F" NOTE: GLAZING UNITS TO MATCH EXISTING LEVEL "E" TOP OF ADDITION OO EL. 636.73' LEVEL "D" (IN PKNG GARAGE) EL. 630.20' SKYBRIDGE FINISHED FLOOR EL. 625.50' O LEVEL "C" EL. 620.875' LEVEL "B" EL. 611.55' -1 ----- - LEVEL ..A.. EL. 601.75' PARKING GARAGE DATUM 100'-0" = 601.25' 5D ELEVATION LOOKING NORTH SCALE: 1/8" = 1'-0" A2 MSW DALLAS Fax:4692322101 Mar 13 2003 11:06 P.02 }?.�:r•a7�dl�UC��„:.v.,^xsx,!�^WTi:l<:f1:,,,...�..k: ^�S• . 1 ' :{:;XtS's;- .� 17..�2.V.. :6:i;•�;q ADO : . ?rOm .rl�'�^:�.:��.>r•`k� .w pATSiutil} brr1'•,,,,.yy�. u,• .� ::;: ;..i 3 3�➢3 TH(S CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE MCORIFF, SEIBEL9 & HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR WILLIAMS OF TEXAS ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. 6949 SHERRY LANE SUITE 1300 COMPANIES AFFORDING COVERAGE DALLAS TX 75225-5532 COMPANY (4891 232-2100 A -ST. PAUL FIRE AND YARINE 11,151.1111613 COMPANY Croeeent ;teal 9%jete Equttlos B Company COMPANY 777 Mein Street, Svlta 2100 C Fort North, TX 76102-5825 COMPANY Q - �iy .}1S �:j"•;'. a Y?L. :.f..l...Ca:�`i" .^Y^'•y':.>.,.ia>i•v. ,n. ..k..'s�"� i.'i iii::x.yr`•i;•... d. .. ,•:S?`k.t.'t�:M•\,:,.,.&2&iu+...SkVwi„v:: :'�” ..:..:•a•.,:^n3R•..,^•I�fe::r,.f• ..:. �:Yw1a?s ,'t _ .: ,,•1., .;.5+.>. '•.:4:....Nt„v...�w..,..'^,t•[iti,[t[ ,N r.nla'• .{..x.d.r x}�w[i1'•:}Ti:Cn....[:Y:'n +Yas�,r.... ...s.1...hkv:...!1'!,`%:m!�::SS'::Jlli �'0'9'.�i:#rST\n,,,`.t,J/'.t THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE UST ED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED,NOTWITHSTANDINQANYREOUIREMENT,TERMORCONDITICNOFANYCONTRACTOR OTHER DOCUMEENTWITHRESP ECT TO WHICH THIS CERTIFICATE MAY BE 10OUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IC BUaJECT TO ALL T145 TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES,LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS, C0 TYPE or INSVIIANCG POLICYNtJNacR POLICY 1"ECTIYE POLICY EXPIRATION LTR DATE(MMMONY) DATE(MMIDDIYY) LIMrr° A CSNCRALUARLITY CK➢9104393 11/01/02 11101/03 GENERAL AGGREGATE 2,000,000 X COMMERCIAL GENERALLIABIL17Y PRODUCTS-COMP/OP AGO b 2,000,000 CLAIMS MADE: X] OCCUR PERSONAL A ADV INJURY t 1,000,000 OWNER'S 5 CONTRACTOR'S PROT EACH OCCURRENCE d 1 000 000 FIRE DAMAGE(Any one lire) $ 1 000,004 �MEM EXP (Any one person) s 1 000 A AUTOMOO LS LIA21LITY CK05104332 11/01/02 11/01/03 COMBINED SINGLE LIMIT b A X ANY AUTO CK0910dda301 11/01/02 11101/03 1,000 ODD ALL OWNED AUTOS BODILY INJURY s SCMEOULED AUTOS (Per person) HIRED AUTOS BODILY INJURY 3 NON-OWNED AUTOS (Per accident) PROPERTY DAMAGE ; OARAOeLIAISILITY AUTO ONLY •EA ACCIDENT'I ANY AUTO 07MER 1'd,1,N AUTO ONLY: :' 'i` 'i ;•'>"' EACM ACCIDENT f AGGREGATE S RX0199 LIASLrTY EACH OCCURRENCE S UMBRELLA FORM AQQREOATE S OTHER THAN UMBRELLA FORM = A WORKERS COMDENEATIDN AND WVA9107974 11101/02 11/01!03 wmmye STAT Mir rm U• J,'I+;"C ;:::;' EMPLOYENS'LIA&LITY EL EACH ACCIDENT Is 1 000 000 Trip PROPRIETOR/ INCL EL DIoEASHPOLICY L{M—IT ! PARTNERS/CXECUTIVE 1,000 000 OFFICERS ARE; EXCL 10. DISEASE-EA EMPLOYEE S 1,000,000 OTHCR 061011IPT1aN OF OPERATIONXIL CATIONSIVEHI 819PECIAL IT611011 As: Carter Bvr9■ss PIe2s i r.:.• ^.^2' rA;�t .� ”w/,.M...,i •:f'•.,;;t::r'S[+'�R4N"q .. .. SHOULD ANY ek THE ABOVS 092CRISED POLICIES H6 CANCELLED 9EFOR1 THE City of Fort Werth SXPIRATION DATE THCRSOR, TNC 199UINQ COMPANY WILL fxDEAVOR TO MAIL 1000 ThrockmArtOn 30 DAYS WRITT[N NOTICE TO THB CERTIPIOATt NOLOER NAMED TO TNG LGFT, Fart Korth, TX 75102 BUT FAILURE TO MAIL SUGH NOTICE SHALL IMPOSE NO OSI.I%ATIoK OR L1AMUTY O•F ANY KIND UPON THS COMPANY, ITS AQENTS OR REPRE3ENYATIVE9. II auTM0a Wo RevnceEN tv k: r 2 v ff' , CERTIFICATE: 030/001/ 00558