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Home My WebLink AboutContract 46647 Developer and Project Information Cover Sheet: Developer Company Name: WESTRIDGE STREET PARTNERS 1,LLC Address,State,Zip Code: 500 THROCKMORTON ST#1602 FORT WORTH TX 76102 Phone,E-Mail: 817.731.8466, HEPPELR@AOL.COM Authorized Signatory/Title:LARRY HEPPE/PRESIDENT Project Name and Brief Description:VILLA RIDGE, WATER,SEWER PAVING STREET LIGHTS &NAME SIGNS TO SERVE VILLA RIDGE Project Location: Plat Case No.:FP-14-034 Plat Name: VILLA RIDGE Mapsco: 112U Council District:3 City Project No: 02359 CFA: 2014-066 DOE: 7301 To be completed y sta Received by: PIIC"- —Dae: I t� 7J' OFFICI::] CITY S FT.W i SIDI 9 - AM 03AI3338 COMMUNITY FACILITIES AGREEMENT THE STATE OF TEXAS § City Secretary COUNTY OF TARRANT § Contract No. WHEREAS, the undersigned Developer ("Developer") desires to make certain specific improvements as described below and on the exhibits attached hereto ("Improvements") related to a project generally described as VILLA RIDGE ("Project") within the City of Fort Worth,Texas("City"); and WHEREAS, the City has no obligation to participate in the cost of the Improvements or Project; and WHEREAS, any future City participation in this CFA is subject to the availability of City funds and approval by the Fort Worth City Council and shall be memorialized as an amendment to this Agreement; and WHEREAS, the Developer and the City desire to enter into this Community Facilities Agreement("CFA" or"Agreement") in connection with the Improvements and the Project. NOW,THEREFORE,For and in consideration of the covenants and conditions contained herein,the City and the Developer do hereby agree as follows: General Requirements A. The Policy for the Installation of Community Facilities("Policy") dated March 2001, approved by the City Council of the City of Fort Worth, as amended, is hereby incorporated into this Agreement as if copied herein verbatim. Developer agrees to comply with all provisions of said Policy in the performance of its duties and obligations hereunder and to cause all contractors hired by Developer to comply with the Policy in connection with the work performed by said contractors. B. Developer shall provide financial security in conformance with paragraph 6, Section II, of the Policy and recognizes that there shall be no reduction in the collateral until the Project has been completed and the City has officially accepted the Improvements. Developer acknowledg at t e said CI RECORD acceptance process requires the Developer's contractor s��0 i%RY CI 2 FT.WORTH,TX affidavit of bills paid signed by its contractor and consent of surety signed by its surety to ensure the contractor has paid any sub-contractors and suppliers in full. Additionally, the contractor must also provide in writing that the contractor has been paid in full by Developer for all the services provided under their contract. C. Developer agrees to cause the construction of the Improvements contemplated by this Agreement and that said construction shall be completed in a good and workmanlike manner and in accordance with all City standards and the City- approved construction plans, specifications and cost estimates provided for the Project and the exhibits attached hereto. D. The following checked exhibits are made a part hereof: Water (A) X Sewer (A-1)X Paving (B)X Storm Drain(B-1)_, Street Lights 8t Signs (C)X E. The Developer shall award all contracts for the construction of the Improvements in accordance with Section H,paragraph 7 of the Policy and the contracts shall be administered in conformance with paragraph 8, Section II, of the Policy. F. For all Improvements included in this Agreement for which the Developer awards construction contract(s), Developer agrees to the following: i. To employ a construction contractor who is approved by the director of the department having jurisdiction over the infrastructure to be constructed, said contractor to meet City's requirements for being prequalified, insured, licensed and bonded to do work in public streets and/or to perform water/waste water construction as the case may be. ii. To require its contractor to furnish to the City a payment and performance bond in the names of the City and the Developer for one hundred percent (100%) of the contract price of the Improvements, and a maintenance bond in the name of the City for one hundred percent(100%)of the contract price of the Improvements valid for a period of two (2) years from the date of final acceptance insuring the maintenance and repair of the constructed infrastructure during the term of the maintenance bond. All bonds to be furnished before work is commenced and to meet the requirements of Chapter 2253,Texas Government Code. 3 iii. To require the contractor(s) it hires to perform the construction work contemplated herein to provide insurance equal to or in excess of the amounts required by the City's standard specifications and contract documents for developer-awarded infrastructure construction contracts. The City shall be named as additional insured on all insurance required by said documents and same will be evidenced on the Certificate of Insurance (ACORD or other state-approved form) supplied by the contractor's insurance provider and bound in the construction contract book. iv. To require its contractor to give at least 48 hours' advance notice of intent to commence construction to the City's Construction Services Division so that City inspection personnel will be available; to require the contractor to allow the construction to be subject to inspection at any and all times by City inspection forces, to not install or relocate any sanitary sewer, storm drain, or water pipe unless a responsible City inspector is present and gives his consent to proceed, and to make such laboratory tests of materials being used as may be required by the City. v. To require its contractor to have fully executed contract documents submitted to the City in order to schedule a Pre-Construction Meeting. The submittal should occur no less than 10 working days prior to the desired date of the meeting. No construction will commence without a City-issued Notice to Proceed to the Developer's contractor. vi. To delay connections of buildings to service lines of sewer and water mains constructed under this Agreement until said sewer and water mains and service lines have been completed to the satisfaction of the Water Department. G. Developer shall provide, at its expense, all engineering drawings and documents necessary to construct the improvements under this Agreement. H. Developer shall cause the installation or adjustment of the required utilities to serve the development or to construct the Improvements contemplated herein. I. City shall not be responsible for any costs that may be incurred by Developer in the relocation of any utilities that are or may be in conflict with any of the community facilities to be installed hereunder. 4 I Developer hereby releases and agrees to indemnify, defend and hold the City harmless for any inadequacies in the preliminary plans, specifications and cost estimates supplied by the Developer for this Agreement. K. Developer agrees to provide, at its expense, all necessary rights of way and easements across property owned by Developer and required for the construction of the current and future improvements provided for by this Agreement. L. The Developer further covenants and agrees to, and by these presents does hereby, fully indemnify, hold harmless and defend the City, its officers, agents and employees from all suits, actions or claims of any character, whether real or asserted, brought for or on account of any injuries or damages sustained by any persons (including death) or to any property, resulting from or in connection with the construction, design, performance or completion of any work to be performed by said Developer, his contractors, subcontractors, officers, agents or employees, or in consequence of any failure to properly safeguard the work, or on account of any act, intentional or otherwise, neglect or misconduct of said DEVELOPER, his contractors, sub-contractors, officers, agents or employees, whether or not such injuries, death or damages are caused, in whole or in Bart, by the alleged negligence of the City of Fort Worth, its officers,servants, or employees. M. Developer will further require its contractors to indemnify, defend and hold harmless the City, its officers, agents and employees from and against any and all claims, suits or causes of action of any nature whatsoever, whether real or asserted, brought for or on account of any injuries or damages to persons or property, including death, resulting from, or in any way connected with, the construction of the infrastructure contemplated herein, whether or not such injuries, death or damages are caused, in whole or in part, by the alleged negligence of the City of Fort Worth, its officers. servants, or employees, Further, Developer will require its contractors to indemnify, and hold harmless the City for any losses, damages, costs or expenses suffered by the City or caused as a result of said 5 contractor's failure to complete the work and construct the improvements in a good and workmanlike manner,free from defects,in conformance with the Policy,and in accordance with all plans and specifications. N. Upon completion of all work associated with the construction of the Improvements, Developer will assign to the City a non-exclusive right to enforce the contracts entered into by the Developer with its contractor along with an assignment of all warranties given by the contractor, whether express or implied. Further, Developer agrees that all contracts with any contractor shall include provisions granting to the City the right to enforce such contracts as an express intended third party beneficiary of such contracts. O. Inspection and material testing fees are required as follows: i. Developer shall pay in cash water and wastewater inspection fees and material testing fees equal to two percent (2%) for a total of 4% of the developer's share of the total construction cost as stated in the construction contract. ii. Developer shall pay in cash paving and storm drain inspection fees equal to four percent (4%) and material testing fees equal to two percent (2%) for a total of 6% of the developer's share of the total construction cost as stated in the construction contract. iii. Developer shall pay in cash the total cost of streetlights or if the city is not installing the streetlights, inspection fees equal to four percent (4%) of the developer's share of the streetlight construction cost as stated in the construction contract. iv. Developer shall pay in cash the total cost of street signs. P. COMPLETION WITHIN 2 YEARS i. Developer shall complete the Improvements within two (2) years, provided, however, if construction of the Improvements has started within the two year period, the developer may request that the CFA be extended for one additional year. ii. Nothing contained herein is intended to limit the Developer's obligations under the Policy, this Agreement, its financial guarantee, its agreement with its contractor or other related agreements. 6 iii. The City may utilize the Developer's financial guarantee submitted for this Agreement to cause the completion of the construction of the Improvements if at the end of two (2) years from the date of this Agreement (and any extension period)the Improvements have not been completed and accepted. iv. The City may utilize the Developer's financial guarantee to cause the completion of the construction of the Improvements or to cause the payment of costs for construction of same before the expiration of two (2) years if the Developer breaches this Agreement, becomes insolvent or fails to pay costs of construction and the financial guarantee is not a Completion Agreement. If the financial guarantee is a Completion Agreement and the Developer's contractors and/or suppliers are not paid for the costs of supplies and/or construction, the contractors and/or suppliers may put a lien upon the property which is the subject of the Completion Agreement. (REMAINDER OF PAGE INTENTIONALLY LEFT BLANK) 7 Cost Summary Sheet Project Name: VILLA RIDGE CFA No.:2014-066 DOE No.: 7301 An Engineer's Estimate of Probable Cost is acceptable. However, the construction contract price will ultimately determine the amount of CFA fees and financial guarantee. The bid price and any additional CFA payments will be required prior to scheduling a pre-construction meeting. An itemized estimate corresponding to each project-specific exhibit is required to support the following information. Items Developers Cost A. Water and Sewer Constriction 1. Water Constriction $38,075 2.Sewer Construction $99,141.43 Water and sew Constriction Total $ 135,215.97 B. TPW Construction 1.Street $ 18,042.54 2.Storm Drain 3.Street Lights installed by Detieloper $ 13,081.80 TPW Construction Cast Total $ 29,124.14 Total Construction Cost(excluding the lees): 3 184,340.11 Construction Fees: C. Water/Sewer Inspection Fee(2%) $ 2,704.32 D. Water/Sewer Material Testing Fee(2%) $ 2,704.32 Sub-Total for Water Construction Fees $ 5,408.84 E. TPW Inspection Fee(4%) $ 841.70 F. TPW Material Testing(2%) $ 320.85 G. Street Light Inspsection Cost $ 523.28 H. Street Signs Installation Cost $ 245.017 Sub-Total for TPW Construction Fees $ 1,730.81 Total Construction Fees: $ 7,138.45 Financial Guarantee Options(Choose one) Amount Mark choice Bond= 100% $ 184,340.11 Completion Agreement=100%/Holds Plat $ 184,340.11 Cash Escrow Water/Sanitary Sewer-125% $ 189,019.98 Cash Escrow Pavng/Storm Drain=125% $ 38,405.18 Letter of Credit=125%w/2yr expiration period $ 205,425.14 x 8 IN TESTIMONY WHEREOF,the City of Fort Worth has caused this instrument to be executed in quadruplicate in its name and on its behalf by its Assistant City Manager,attested by its City Secretary,with the corporate seal of the City affixed,and sail.Deviloper has executeis instrument in qu�ruplicate, at Fort Worth,Texas this day of .20 1 '-) . CITY OF FORT WORTH-Recommended by: Water DepartmentTransportation 8&-,Public Works Department " �L�k SUCj Wendy Chi abulal,EMBA,P.E. Douglas .Wiersig,P.E. Development Engineering Manager Director Approved as to Form&Legality. Approved by City Manager's Office s�/Irttts�..� Douglas W.Black Fernando Costa Assistant City Attorney Assistant City Manager M&C No. Date: ATTEST: F ® � 70 8 Mary J, a City Sec AS ATTEST: DEVELOPER: Signature Signature s—� .ec--�11-- (Print)Name: Print Name: Title: OFFICIAL RECORD CITY SECRETARY 9 FT.WORTH,TX Check items associated with the project being undertaken; checked items must be included as Attachments to this Agreement Included Attachment ® Location Map ® Exhibit A: Water Improvements ® Water Estimate ® Exhibit A-1: Sewer Improvements ® Sewer Estimate ® Exhibit B: Paving Improvements ® Paving Estimate ❑ Exhibit B-1: Storm Drain Improvements ❑ Storm Drain Estimate ® Exhibit C: Street Lights and Signs Improvements ® Street Lights and Signs Estimate (Remainder of Page Intentionally Left Blank) 10 COMMERCIAI.CONSTRI_7CTION'CONTRACT EFFECTIVE DATE- * March 31,2015 PROJECT:� !iii;, Ridge Development PROPERTY: Ridglea Addition,Lots 5RA-1 thru 5RA-5& 6R-1 thru 611-8,Block 52 ONVNER: Westridge Street Partners I,LLC CONTRACTOR: David Lewis Builders,Inc.,a Texas corporation TOTAL. CONTRACT PRICE: * _413,663.04 * (subject to adjustments as provided herein) RETAINAGE: There shall be no retainage. COMbIENCEbIENT DATE: * May 4,2015 SUBSTANTIAL COMPLETION: * Au-ust 30,2015 CONTRACT DOCUMENTS: Exhibit A—Scope of Work Exhibit B—Plans and Specifications GENERAL CONDITIONS THIS COMMERCIAL CONSTRUCTION CONTRACT ("Contract") is executed and entered into as of the day and year written above ("Effective Date"), by and between * Westrid7e Street Partners I, LLC ("Owner"), and David Lewis Contractors, Inc. ("Contractor") (collectively referred to herein as the "Party" or "Parties"). For and in consideration of the mutual covenants and representations contained herein and other good and valuable consideration. the receipt and legal sufficiency of which are hereby acknowledged by the Parties hereto,Owner and Contractor hereby agree as follows: ARTICLE 1: SCOPE OF«'ORK 1.1 CONTRACTOR'S WORK. Contractor shall provide all labor and materials for the performance of the work substantially in accordance with the work described in Exhibit A and in accordance with this Contract("Work"). ARTICLE 2: SCHEDULE OF«'ORK 2.1 CONINIENCENIENT. Contractor shall commence the Work within fifteen (15) business days after Contractor's receipt of written notice from the Owner to proceed, issuance of a building permit, and receipt of all approvals approvals from Rid-lea Country Club. Upon execution of this Contract,Owner shall use its best efforts to negotiate a release of that one certain blaster Agreement with Ridglea Country Club dated October 26, 2006, whereby more stringent water drainage improvements by Owner were agreed to, and to obtain financing. Once accomplished, Owner will promptly issue its written notice to proceed. Owner's obligations hereunder are contingent upon such release and financing. 2.2 COMPLETION. Contractor shall construct the Improvements (as defined in Exhibit A) according to its normal construction schedule and will make reasonable efforts to reach Substantial Completion within * 119 _* calendar days of the Commencement Date ("Estimated Completion Date") subject to the Permitted Delays (as defined in section 2.3). Contractor shall use reasonable efforts to reach Substantial Completion by the Estimated Completion Date, subject to the Permitted Delays. HOWEVER, OWNER RELEASES CONTRACTOR FROM ALL DAMAGES, DIRECT, CONSEQUENTI_AL, OTHERWISE, INCURRED BY OWNER FOR ANY DELAY, WHETHER OR NOT EXCUSABLE, IN FAILING TO REACH SUBSTANTIAL COMPLETION BY THE COMMERCIAL CONSTRUCTION CONTRACT-FUCED PRICE IN ,C'urrent-.Jobs V Vi11aRidgeC'ontract__ Village Ride Wc-strid�t dcx r pm.�-�DE�S- N,nQ 2r�-7te•r-'.'rc�rii#_=t Fina. 411 his Fie Fites-�E. ofnm eial'F-ofittw+V Woe-x PAGE I i-sriNIATED C O%IPEE I It)N DAI E. WHIR 11IR REQUIRED BY THIS COM IZNCT OR 0-111ER AGREE NIFNI OF TIIE PARIIES. NobNith,tandim, an}thing herein to the contrar}. should Contractor fail to reach substantial completion within lly days following commencement of the work (excepting Permitted Dela%s), Owner may retain (ear Contractor «ill be responsible for) the sum of 5500.00 per day until substantial completion is accomplished. It i,agreed that this sum is not a penalty,but reasonably calculated liquidated damages sustained by Owner. 2.3 PERNMTE.D DELAYS. The Estimated CompletionDate of the Improvements shall be extended for one or more of the following causes,each beim; "Permitted Delatis (a) Changes b} ON%ner or ONkner's representatives to the Construction Documents-. (b) Failure of Owner to timely make selection,as directed below; (c) Failure of Owner to timely-make payments when due: (d) Other acts of neglect or omissions by Owner or Owners representatives: (e) Prohibitive inclement weather or acts of God; (f) Fire or casualty loss; (g) Non-availability of labor,services,or materials; (h) Delays caused by any applicable governmental entity's change in laws or ordinances or delays in issuing necessary permits or conducting inspections; (i) Delays caused by Change Orders or inspection or changes ordered by governmental bodies: 0) Disputes with Owner or Owner's representatives. including those that allow- Contractor to suspend performance of the Work until resolved; (k) Civil unrest, strikes, walkouts, lockouts, boycotts, other labor union activities, acts of public authorities,war,acts of public enemy,riots or civil commotions;or (1) Other events or causes beyond the Contractor's reasonable control. ARTICLE 3: CONTRACT PRICE 3.1 CONTRACT PRICE. Contractor and Owner have agreed to construct the Improvements on a fixed price basis as provided herein. Owner shall pay Contractor the Total Contract Price, as adjusted herein, in good funds for Contractor's performance of the Contract. In reliance upon the Contract Documents,proposals, budgets, if any, and other documents relied upon by Contractor in executing this Contract, Contractor has identified the Total Contract Price. Should Owner elect to amend or chanee the Contract Documents or any portion of the Improvements or Property from that identified in the Contract Documents, such change may necessarily increase or decrease the Total Contract Price. 32 SUBCONTRACTORS. Owner acknowledges that Contractor shall only be obligated to pay its subcontractors and'or suppliers for work performed and materials supplied if, and only if Owner has paid Contractor all amounts due hereunder. Contractor is not obligated to obtain multiple bids from subcontractors and.or suppliers prior to awarding any work to be performed hereunder or to accept the low•bid. Contractor shall have complete discretion in the retention of any subcontractor or supplier to perform work or supply materials hereunder. 3.3 OWNER'S SUBCONTRACTORS & SUPPLIERS. Owner shall not do or cause any work to be performed or alter or cause the alteration of any portion of the Improvements, whether complete or incomplete, prior to full and final COMMERCIAL.CONSTRUCTION CON-rRACT-FEKED PRICE Current Iob� etE Ri_&z('imtract_ _ ilia—gz RiJ=eiin_ 4en> 0�_ -+ i33 +L i4rr € at. F# ice»E'{+ fJ -#€PFk se faef-Y-0 PAGE 2 payment to Contractor. Should Owner contract with anyone other than Contractor to perform work at or supply materials to the Property prior to Final Payment. Contractor will not be required to pay for, warrant. repair. insure. supen-ise. or correct anv work performed or material;provided by such persons. or damages arising there fn-.) even if the monies to pay such persons were directed through Contractor. 3.4 UNEXPECTED SITE CO\DITK)\S. Should concealed and or unexpected conditions be encountered. whether such condition is below- the surface of the ground or in an existing* structure. that are at variance with the conditions indicated in the Contract Documents or reasonably believed to exist by Contractor. the Total Contract Price shall be equitably adjusted by Change Order. ARTICLE 4: PAYMENT 4.1 PROGRESS PAYMENTS. Based upon Applications for Payment submitted to the Owner by the Contractor, the Owner shall make progress payments on account of the I otal Contract Price to the Contractor as provided below and elsewhere in the Contract Documents. The period covered by each Application for Payment shall be one calendar month ending on the last day of the month. (a) Provided that an Application for payment is received by the Owner not later than the 2511' day of a month, the Owner shall make payment of the certified amount to the Contractor not later than the 5`r of the following month. If an Application for Payment is received by the Owner after the application date fixed above, payment shall be made by the Owner not later than Twenty (20) days after the Owner receives the Application for Payment. (b) ',X'ith each Application for Payment, the Contractor shall submit documents and any other evidence reasonably required by the Owner which reflects the labor and material costs as of the end of the month less any progress payments already received by the Contractor. Each Application for Payment shall be based on the payment draw-schedule., to the extent one exists. (c) Not later than the date of each subsequent Draw Request, Contractor shall submit to Owner unconditional releases of liens for all subcontractors and suppliers who have performed any sen ices or provided any materials for the Project with a value of more than $5,000.00, since the date of the preceding Draw Request and were paid from such progress payment. Each release of lien required hereunder shall be in the form prescribed by Tex. Prop. Code § 53.284 for a Partial Release of Lien or Final Release of Lien. as applicable. (d) Final payment constituting retainage shall be made by the Owner to the Contractor thirty (30) days after full completion of the work and approval by the Owner's engineer. Should there be uncompleted items at that time, a list of same will be created (the "punch list"), with appropriate escrow- amounts determined by the project engineer to be held by Owner until completed. Contractor shall submit with the Application for Final Payment Conditional Lien release from all subcontractors and suppliers who have provided labor and materials to the project. (e) Owner may withhold any amounts pertaining to lien notices received by Owner until lien waivers are received. ARTICLE 5: OWNER'S OBLIGATIONS 5.1 OwNER'S REPRESENTATIVE. The Owner shall designate one or more persons who shall be the Owner's authorized representative(s) on-site and off-site. Such authorized representative(s) shall be the Owner's agent and the only person(s) the Contractor shall look to for instructions,orders and or directions,except in an emergency. 5.2 TIMELY COM-MUNICATIONS. The Owner shall transmit, with reasonable promptness, all submittals, transmittals, and written approvals relating to the Contractor's Work. 5.3 NoN-CONTRACTED SERVICES. The Owner agrees, except as otherwise provided in this Agreement, that no claim for non-contracted construction service;rendered or materials furnished shall be valid unless the Owner provides the COMMERCIAL CONSTRUCTION CONTRAC I --FIXED PRICE N:.C'urrent I..,t.,L Llila R1 i_ CLCUA,1 illaae %cstoge.dui xE' 1. j elazc�l:r�a FES9see r 41�At:�c OEaC3 :3s} i_:a L-L4 a +<fer t�tk..lac�#=1Yt E lino Files-NERP E E'orntnrFsia4 C*-,P -ait V4 Ao N PAGE 3 Contractor notice: (a) prior to furnishing of the service;and material,. except in an emergency affecting the safety of persons or property: (b) in writing of such claim within three day of first furnishing such services or materials:and (c) the written charges for such services or materials no later than the fifteenth (15) day of the calendar month following that in which the claim originated. ARTICLE 6: CONTRACTOR'S OBLIGATIONS 6.1 RESPONSIBILITIES. The Contractor shall famish all of the labor, materials. equipment. and services. including but not limited to. competent supervision. tools, scaffolding and on-site storage as are necessary for the proper performance of the Contractor's Work in strict accordance with and the plans and specifications. 6.2 COORDINATION. The Contractor shall: (a) cooperate with the Owner and all others whose work may interfere with the Contractor's Work; (b) specifically note and immediately advise the Owner of any such interference with the Contractor's Work: and (c) participate in the preparation of coordination drawings and work schedules in areas of congestion. 6.3 AUTHORIZED REPRESENTATIVE. The Contractor shall designate one or more persons who shall be the authorized Contractor's representative(s) on-site and off-site. Such authorized representative(s) shall be the only person(s) to whom the Owner shall issue instructions.orders or directions,except in an emergency. 6.4 INSPECTION. The Contractor shall notify the Owner when portions of the Contractor's Work are ready for inspection. The Contractor shall at all times furnish the Owner and its representatives adequate facilities for inspecting materials at the site or any place where materials under this Agreement may be in the course of preparation,process, manufacture or treatment. 6.5 REPORTING. The Contractor shall furnish to the Owner.in such detail and as often as required,full reports of the progress of the Contractor's Work, irrespective of the location of such work. 6.6 CLEANUP. The Contractor shall follow the Owner's reasonable cleanup and safety directions, and immediately commence compliance with cleanup duties within twenty-four (24) hours after notification from the Owner of noncompliance. 6.7 SAFETY. Contractor shall establish a safety program implementing safety measures, policies and standards conforming to those required or recommended by governmental and quasi-governmental authorities having jurisdiction and by the Owner and Owner, including, but not limited to, requirements imposed by the Contract. Contractor shall comply with the reasonable recommendations of insurance companies having an interest in the Project. Contractor shall notify Owner immediately following any accident and promptly confirm the notice in writing. 6.8 PROTECTION OF THE WORK. The Contractor shall take necessar) precautions to properly protect the Contractor's Work and the work of others from damage caused by the Contractor's operations. Should the Contractor cause damage to the Work or property of the Owner, the Owner or others, the Contractor shall promptly remedy such damage. 6.9 MATERIALS SAFETY. To the extent that the Owner is not obligated by the Contract by law to perform work which involves pollutants. hazardous or toxic substances. hazardous waste, asbestos or PCB's. the Contractor likewise is not obligated. ARTICLE 7: SUBCONTRACT PROVISIONS CO'4tMERCIA:,CONSTRUCTION CONTRACT-FIXED PRICE I N__(WTML J«b %VII.La Ridge(ontra,t - _\dU -_Ridge 1k Reawme Opeal ext D-NITemp DOCS 3�I&33'�I 64rrt �F+�al ttoe+EFE tom»E�izctE r:�_ u�roor E'eetfttrf�+al Ct+ ae�.k4x PAGE 4 7.1 WORKMANSHIP. Every part of the Contractor's Work shall be executed in strict accordance with the Contract in the most sound, workmanlike, and substantial manner. All materials used in the Contractor's Work shall be furnished in ample quantities to facilitate the proper and expeditious execution of the work,and shall be new except such materials as may be expressly provided in the Contract to be otherwise. 7.2 MATERIALS FURNISHED BY OTHERS. In the event the scope of the Contractor's Work includes installation of materials or equipment furnished by others. Contractor shall not be responsible for the examination of the items so provided. 7.3 WARRANTY. Owner acknowledges, understands and agrees that Contractor shall only warrant its work as described above for the period of only two years from the date(s) of substantial completion of all or a designated portion of the Contractor's Work. Contractor's warranty shall be limited such that Contractor only warrants that the work will be performed in a good and workmanlike manner in accordance with the plans and specifications,and that the materials provided will be as specified herein. ARTICLE 8: TERMINATION,DEFAULT&REMEDIES 8.1 TERMINATION FOR CONVENIENCE. Notwithstanding anything herein to the contrary, either party may terminate this Contract for convenience and without regard to fault or breach by providing written notice to the other and, except as otherwise provided for in this paragraph, neither party shall have any further rights, obligations, or liabilities to the other under this Contract. It being the intent of the parties that upon termination of the Contract pursuant to this paragraph, the only claim or cause of action the non-terminating party will have against the other shall arise out of the Warranty with respect to that work performed up to the point of the termination of the Contract, and payment by Owner of the amounts stated herein. Following termination, Contractor shall submit a final Application of Payment to Owner,which may request payment for all unreimbursed materials purchased or ordered, all work performed through the date of termination, and that amount representing Contractor's fee, which shall be proportionate to the work performed. Within five calendar days of Owner's receipt of such final draw request, Owner shall tender payment to Contractor less the reasonable cost,if any,to cure defective work or materials. In the event Owner fails to timely tender payment to Contractor, Owner shall immediately be deemed in default and material breach without any further notice requirements by Contractor and Contractor will be entitled to any and all available remedies. To the extent the Cash Deposit has not been applied towards the Total Contract Price, such deposit shall be applied to those amounts owed pursuant to this paragraph with the balance, if any, refunded to Owner. The parties reserve the right to convert any termination of this Contract into a termination for convenience. Contractor is not obligated to provide written notice to Owner(i)prior to terminating the Contract pursuant to this paragraph or(ii)if Owner fails to remit payment following termination. 8.2 OWNER DEFAULT. Each of the following constitutes an Owner Act of Default and a material breach of this Contract by Owner: (1) Owner Parties' unreasonably delay Contractor in the commencement, prosecution, or completion of construction of the Improvements;(2) Owner's failure to provide evidence of Owner's ability and continued ability to pay the Total Contract Price; (3)Owner fails to execute a Change Order required herein and/or to change or correct any deficiencies in the Contract Documents; (4) Owner shall file a voluntary or involuntary petition for bankruptcy; (5) Owner fails to pay all or any part of a progress billing, Change Order, or the Total Contract Price when due;or(7)Owner fails to perform any other material obligation contained herein. 8.3 CONTRACTOR DEFAULT. Each of the following constitutes a Contractor Act of Default and a material breach of this Contract by Contractor: (1) Contractor shall file a voluntary or involuntary petition in bankruptcy or (2) Contractor breaches any material provision of this Contract. 8.4 NOTICE OF DEFAULT. Except where specifically excluded,if a party hereto commits an Act of Default,the non- defaulting party shall provide notice of default to the defaulting party and ten days to cure prior to exercising any remedy provided for herein, except Contractor's right to terminate for convenience. If such Act of Default is not cured following written notice,the non-defaulting party may terminate this Contract for cause upon written notice of same to the defaulting party. 8.5 OWNER'S REMEDIES. Except as otherwise limited herein, Owner's exclusive remedies due to a Contractor Act of Default are limited to termination of this Contract, take possession of the Project, and (i) return of any sums Owner paid Contractor that were not used to pay for construction of the Improvements, if any, and (ii) the COMMERCIAL CONSTRUCTION CONTRACT—FDtED PRICE I wirer kAs V Villa Ridge i untract - ViIjUe Ridge Westridge.ducx £ e a. deep PAGE 5 reasonable cost to repair Contractor's defective or substandard work, along with those reasonable and necessary fees,costs,and attorneys' fees incurred with the enforcement of this remedy. 8.6 CONTRACTOR's REbIEDIES. Except as otherwise limited herein, Contractor's exclusive remedies due to an Owner Act of Default shall be limited to termination of this Contract and recovery of any and all sums that relate to materials purchased or ordered and work performed for which Contractor has not been reimbursed and Contractor's lost profit and overhead along with such fees and costs, including attorneys' fees, associated with the enforcement of the Contract or any remedy herein. Contractor may retain and offset any amounts on deposit with Contractor from Owner for damages accruing under this Contract. 8.7 LmirrATION OF CLAIMS & REMEDIES. NOTWITHSTANDING ANYTHING HEREIN' TO THE CONTRARY,EXCEPT IN THE CASE SUCH DAMAGES ARE COVERED BY INSURANCE AND THEM ONLY TO THE EXTENT OF AVAILABLE COVERAGE UNDER SUCH POLICY, IN NO EVENT SHALL ANY DAMAGES, INCLUSIVE OF ATTORNEYS' FEES AND COURT COSTS, AWARDED TO OWNER PURSUANT TO ANY CAUSE OF ACTION EXCEED THE TOTAL CONTRACT PRICE. FURTHER, OWNER AND CONTRACTOR RELEASE EACH OTHER FROM ANY SPECIAL, INDIRECT,CONSEQUENTIAL,AND/OR INCIDENTAL DAMAGES,INCLUDING,BUT NOT LIMITED TO,DELAY DAMAGES,MENTAL ANGUISH,DIMINUTION OF VALUE, STIGMA,LOSS OF USE,OR ADDITIONAL INTEREST, FORESEEABLE OR NOT,ARISING OUT OF OR IN CONNECTION VRTH ANY CAUSE OF ACTION THAT RELIES IN WHOLE OR IN PART ON THIS CONTRACT OR THE WORK PERFORMED BY CONTRACTOR HEREUNDER OWNER AND CONTRACTOR FURTHER WAIVE THE REMEDIES OF SPECIFIC PERFORMANCE AND RESCISSION. 8.8 LmtrrAnoN OF ACTION. Any action or claim,regardless of form,arising out of the transactions covered by this Contract or construction of the Improvements must be brought within two years and one day of the date the cause of action accrues. 8.9 WAIVER OF SUBROGATION. TO THE EXTENT PERMITTED BY LAW,EACH PARTY RELEASES THE OTHER PARTY FROM ANY AND ALL LIABILITY OR RESPONSIBILITY TO THE OTHER PARTY OR ANYONE CLAMUNG THROUGH OR UNDER THE OTHER PARTY BY WAY OF SUBROGATION OR OTHERWISE, FOR ANY LOSS OR DAMAGE TO PROPERTY (REAL OR PERSONAL) AND/OR THE IMPROVEMENTS CAUSED BY FIRE OR ANY OTHER CASUALTY,EVEN IF SUCH CASUALTY SHALL HAVE BEEN CAUSED BY THE FAULT OR NEGLIGENCE OF THE CLAL LING PARTY. Owner's policies of insurance shall contain a clause or endorsement to the effect that such release shall not adversely affect or impair such policies or prejudice the right of Contractor to recover thereunder. 8.10 PERSONAL LIABILITY. Owner acknowledges and agrees that this Contract is entered into only between Owner and Contractor. Further, Owner agrees that any correspondence, signage, marketing materials, websites, vendor agreements or invoices, newsletters, literature, business cards, checks, or any other document, sign, or materials published or maintained by Contractor at any time shall not amend the parties to this Contract. TO THE FULLEST EXTENT PERMITTED BY LAW AND NOTWITHSTANDING ANY OTHER PROVISIONS TO THE CONTRARY, IN NO EVENT SHALL ANY OF CONTRACTOR'S PARTNERS, OFFICERS, DIRECTORS, SHAREHOLDERS, MANAGERS, MEMBERS, AGENTS, REPRESENTATIVES, OR EMPLOYEES HAVE ANY PERSONAL OBLIGATION OR LIABILITY FOR ANY OF THE TERMS, COVENANTS, REPRESENTATIONS, AGREEMENTS, OR WARRANTIES CONTAINED HEREIN (WHETHER EXPRESSED OR LNIPLIED), ALL SUCH PERSONAL LIABILITY BEING EXPRESSLY WAIVED BY OWNER. Owner agrees that no other parties or persons shall be liable hereunder except for Owner and Contractor and Owner shall only look to Contractor for satisfaction of Contractor's obligations set forth herein. 8.11 INDEMNITY BY CONTRACTOR. To the fullest extent permitted by law, the Contractor shall indemnify, defend and hold harmless the Owner,its partners,and agents and employees or any of them from and against claims, penalties, fines, liabilities, settlements, damages, losses, costs or expenses, of whatever kind or nature, known or unknown, contingent or otherwise, including but not limited to attorneys' fees, consultants' fees,investigation and laboratory fees,arising out of or resulting from Contractor's performance of the Work and any accidents or injuries to persons or property that relate to Contractor's performance the Work,but not otherwise. 8.12 INDEMNITY BY OWNER. To the fullest extent permitted by law,the Owner shall indemnify,defend and hold harmless the Contractor, its partners, and agents and employees or any of them from and against claims, COMMERCIAL CONSTRUCTION CONTRACT—FIXED PRICE N1 CM%mt Jobs V Villa.Ridge Contract - Vifte_Rik: wt�tridee ddwx': et.V4.doex PAGE a 0 �ya GC m avt. f d o dil:'Y-rt." damage,. losses and expense;. including but not limited to attorne%s' fee,. arisini, out of or resultin, front the negligence soler: on the part of the Owner. provided that such claire. damage. los, or expense is anributabl: to bodily injury, sickne,s, disease or death. or to injury to or destruction of tangible propem- resulting frons such negligence. ARTICLE 9: INSURANCE 9.1 INSURANCE. Prior to the Commencement Date, Contractor shall obtain the insurance identified herein. Omer releases Contractor from any obli,ation to cam Worker's Compensation insurance. Contractor shall name Ovm r as an additional insured on the Contractor's General Liability policy. Once Substantial Completion is achieved. Contractor may terminate the insurance and or for the care, maintenance. and condition of the Project and Improvements. Owner further agrees that if Contractor or Owner file a claim under any insurance policy required by this Contract. Owner shall be solely responsible for the cost of any deductible (save and except if the cause for filing such claim is due solely to C'ontractor's grass negligence). Contractor advises Omer to consult with Owner's insurance professionals and obtain such insurance that Owner deems prudent and necessary to insure Owner against all claims that may arise out of the construction of the Improvements. Contractor's liability coverage will be not less than $I NI per occurrence and $21%1 for products completed operations. and $2M general aggregate. along with hired non-awned automobile liability coverage of not less than SIM per occurrence combined single limit. The Contractor shall have a $5M liability umbrella policy with Owner named as an additional insured. Contractor's insurance shall be primary and non-contributory. Contractor shall cause its carrier to agree to provide Owner 30 days' advance written notice prior to cancellation. ARTICLE 10: CHA`GF ORDERS 10.1 CHANGE ORDER PROCEDURE. A Change Order is a written agreement between Owner and Contractor to make changes. additions. and or deletions to the Contract Documents. Contractor shall also be entitled to and receive the specific price for the labor,materials,and other charges(and additional days to the Estimated Completion Date)that are attributable to one or more Change Orders. If Contractor agrees to perform the extra work required by a Change Order (and it has no present obligation to do so), the price included in the Change Order will be treated as an increase in the Total Contract Price. The Change Order shall be paid in full when the Change Order is signed by the Parties. Owner agrees that any Owner signatory to this Contract can authorize and approve a Change Order. Each Owner signatory is designated an attorney-in-fact for any other Owner signatory for this purpose, and Contractor is entitled to rely and act on any such Change Order signed by any Owner signatory. If the increase in the Total Contract Price for a Chance Order cannot be ascertained before commencement of the extra work, an allowance shall be created for the Change Order with the increase being estimated, and that amount deposited with Contractor. Contractor shall commence the work called for in the Change Order, and the costs and fees shall be paid in the normal course of the Contract administration. To the extent of a conflict between a Change Order and the Contract Documents, the Change Order shall control. Any proposed Change Order that is not approved in writing by Owner within three calendar days after Owner's receipt, and approved in writing with adequate assurance of funding by Owner's lender within 30 days after lender's receipt will be deemed rejected. The project engineer will extend the date of substantial completion stated in paragraph 2.2 for any Change Order. ARTICLE 11: CONSTRtiCTION HAZARDS AND LIMITATION OF LIABILITY 11.1 VEGETATION,TREES AND EXISTING PROPERIN. Owner shall remove or protect all of Owner's existing items of property, including, without limitation, trees, shrubs and flowers. at the Property that could be affected by the construction contemplated herein. Owner also recognizes that the performance of the Work imposes an inherent risk to the health of trees presently located on the Property and hereby acknowledges that Contractor cannot guarantee the viability of existing vegetation and trees after the Commencement Date. O`rVNIR ACKNOWLEDGES THIS RISK AND HEREBY RELEASES CONTRACTOR FROM ANY CLAIMS OR DAMAGES TO THE FOREGOING ITEMS THAT OCCUR ALL OR IN PART AS A RESULT OF CONTRACTOR'S NEGLIGENCE OR GROSS NEGLIGENCE. 11.2 CONSTRICTION HAZARDS INDEMNITY. WHEN OWNER AND OWNER'S LICENSEES AND INVITEES CHOOSE TO ENTER THE PROPERTY AND IRRESPECTIVE OF CONTRACTOR'S PRESENCE ON THE COMMERCIAL CONSTRUCTION CONTRACT—FDtED PRICE h.:` n_tr3_t __ tllae Ridge_�i'�svid c 4xxE J' eel Eft 4I�)E'b +a t= +I I �tt.I=c cr{F :1tifF�tref E:' ��R1�+s[uciatCcFra�t -� -r PAGE 7 PROPERTY AT SUCH TIME, EXCEPT TO THE EXTENT OF ANY INSURANCE COVERAGE AND THEN LIMITED ONLY TO THE EXTENT OF AVAILABLE COVERAGE UNDER SUCH POLICY(IN WHICH CASE THIS PARAGRAPH WILL NOT APPLY) OWNER AGREES TO RELEASE AND,'OR INDEMNIFY AND HOLD CONTRACTOR HARMLESS FROM AND AGAINST ANY AND ALL CLAIMS, ATTORNEYS' FEES, DEMANDS OR CAUSES OF ACTION ARISING IN FAVOR OF OWNER OR OWNER'S AGENTS, LICENSEES AND INVITEES ON ACCOUNT OF BODILY INJURY,DEATH OR DAMAGE TO OR LOSS OF PROPERTY IN ANY WAY OCCURRING OR INCIDENT TO THE CONDITION OF THE PROPERTY ANDrOR THE IMPROVEMENTS. THIS RELEASE AND INDEMNITY IS GIVEN TO CONTRACTOR REGARDLESS OF WHETHER THE CONTRACTOR OR ITS AGENTS OR EMPLOYEES ARE NEGLIGENT IN WHOLE OR IN PART AND EVEN WHEN THE INJURY, DEATH OR DAMAGE TO OWNER OR OWNER'S AGENTS, LICENSEES AND INVITEES IS CAUSED BY THE SOLE NEGLIGENCE OF CONTRACTOR OR ATTRIBUTABLE TO CONTRACTOR'S NEGLIGENCE PER SE OR IMPOSED BY STRICT LI.ABILITY (AND AGAIN, THIS RELEASE AND INDEMNITY SHALL NOT BE EFFECTIVE IF THERE IS INSURANCE COVERAGE). 11.3 HAZARDOUS MATERIALS. THE CONTRACTOR SHALL NOT BE REQUIRED TO PERFORM ANY WORK RELATING TO HAZARDOUS MATERIALS OR SUBSTANCES AS DEFINED BY FEDERAL OR STATE LAW. TO THE FULLEST EXTENT PERMITTED BY LAW,THE OWNER SHALL INDEMNIFY AND HOLD HARMLESS THE CONTRACTOR, AND AGENTS AND EMPLOYEES OF CONTRACTOR FROM AND AGAINST CLAIMS, DAMAGES, LOSSES AND EXPENSES, INCLUDING BUT NOT LIMITED TO ATTORNEYS' FEES, ARISING OUT OF OR RESULTING FROM PERFORMANCE OF THE WORK IN THE AFFECTED AREA IF ANY HAZARDOUS MATERIAL INCLUDING ASBESTOS OR POLYCHLORINATED BIPHENYL (PCB) HAS NOT BEEN RENDERED HARMLESS. NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY,OWNER SHALL BE SOLELY RESPONSIBLE FOR PAYMENT OF ALL COSTS AND EXPENSES RELATED TO THE REMOVAL OR CLEAN UP OF HAZARDOUS MATERIALS. 11.4 ENVIRONMENTAL CONDITIONS DISCLAIMER. CONTRACTOR HAS NO DUTY TO INVESTIGATE FOR NOR IDENTIFY AND MAKES NO WARRANTIES, EXPRESS OR IMPLIED, ABOUT THE EXISTING OR FUTURE HEALTH HAZARDS OR ENVIRONMENTAL CONDITIONS ON THE PROPERTY,IN THE IMPROVEMENTS, OR FROM ADJACENT SOURCES, INCLUDING, BUT NOT LIMITED TO, EXPOSURE TO ELECTRIC AND MAGNETIC FIELDS, POSSIBLE OR FUTURE POLLUTION OF THE SOIL WATER OR AIR, (INCLUDING RADON GAS AND MOLD) FROM ANY SOURCES OR IN ANY MATTER. CONTRACTOR DOES NOT CONTROL AND SHALL NOT BE LIABLE FOR ANY DEFECT OR PROBLEM, INCLUDING DRAINAGE OR DIVERSION OF WATER FROM ADJACENT AND SURROUNDING PROPERTIES OR THE INCREASE IN FLOW OF ANY ADJACENT STREAM, CHANNEL OR DRAINAGE IMPROVEMENT BECAUSE OF DEVELOPMENT OR USE ON ADJACENT OR UPSTREAM PROPERTIES. ARTICLE 12:NIANDATORY DISPUTE RESOLUTION 12.1 MANDATORY DISPUTE RESOLUTION. If a dispute arises out of or relates to this contract,or the breach thereof, and if the dispute cannot be settled through negotiation,the parties agree to mediate their dispute before resorting to arbitration. If the parties are unsuccessful at mediation, then any dispute or claim arising out of or relating to this Contract, the breach thereof, construction of the Improvements and/or property damage(real or personal,including death) resulting therefrom, representations made by the Contractor Parties, andlor the scope or validity of this arbitration agreement(Dispute)shall be brought by the parties in their individual and/or company capacities and not as a plaintiff or class member in any purported class or representative capacity and settled by binding arbitration before a single arbitrator administered by the American Arbitration Association(AAA)per its Construction Industry Arbitration Rules in effect at the time the demand for arbitration is filed. Judgment upon the arbitration award may be entered in any federal or state court having jurisdiction thereof. In no event shall an award exceed the amount of the claim by either party and the arbitrator shall have no authority to award punitive or exemplary damages. If the Dispute cannot be heard by the AAA for any reason,the Dispute shall be heard by an arbitrator mutually selected by the parties. If the parties cannot agree upon an arbitrator, then either party may petition an appropriate court to appoint an arbitrator. Arbitration shall be subject to 9 U.S.C. § 1 et seq. and/or TEX. Crv. PRAC. & REM. CODE, Chapter 171. If either party files suit in violation of this paragraph, such party shall reimburse the other for their costs and expenses, including attorneys' fees, incurred in seeking abatement of such suit and enforcement of this COMMERCIAL CONSTRUCTION CONTRACT-FIXED PRICE IN.Curnw to s Y Vith Rpu a contre.:t - Villape Ridge Vi'estrisz dtr r _ 3993-27..t Wesai+, _ r --- Mis Chew r•'z-s RE,�.�_��oc CefofntN ial Contmet.W,doeti PAGE R paragraph. i he arbitrator steal: be a practicing attorney specializing in construction lav-.. OWNER AND CONTRACTOR�A'AIN-E 1HF.IR RIGHT-I O A JUR i'TRIAI. OF AN4"DISPUTL:. ARTICLE 13: MISCELLAtiEOL'S PROVISIONS 13.1 INDFPENDE'N-I CONTRACTOR. It is the intention of the parties that Contractor occupies the status of an independent contractor and that: (i) Contractor shall not occupy the status of an agent. secant, or employee of Owner: (ii) the relationship between Contractor and Owner shall not be that of a partnership.joint Venture. or other similar association, and (iii) all subcontractors and suppliers are independent contractors and not Contractor's employee. 13.2 NOTICES. Any notice. request. demand. instruction or other communication to be given to either party hereunder shall be in writing, and shall be deemed to be given upon receipt, if hand delivered or delivered by express delivery service, upon deposit of such notice in registered or certified mail.return receipt requested,or given upon facsimile transmission with confirmation of transmission by the transmitting equipment addressed to Owner or Contractor at the address in the signature block and if no address is identified for Owner, then to the Property. 13.3 ASSIGNMENT,CONFLICTS&INVALIDITY OF PROVISION. This Contract may not be assigned without the written consent of all parties. in the event of any conflict between this Contract, any mechanic's lien note, mechanic's lien contract, or lender document this Contract shall control. If any term, provision, covenant, or condition of this Contract is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remainder of the provisions shall remain in full force and effect and shall in no way be affected, impaired or invalidated. 13.4 INTEGRATION. This Contract and attachments, constitute the entire agreement of the parties concerning the subject matter hereof, supersede any prior agreement or representations made between Owner and Contractor, either written or oral,and may only be modified in writing. This Contract shall inure to the benefit of and be binding upon the parties hereto and their heirs, executors. administrators, grantees, successors and assigns. No salesperson has authority to modify this Contract. The parties shall execute such further documents and do any and all such further things as may be necessary to implement and earn-out the intent of this Contract. 13.E GOVERNING LAW,VENUE& ATTORNEY's FEES. This Contract and the performance of all the obligations set forth in this Contract shall be governed, construed. and enforced by the law's of the State of Texas and this Contract shall be performable and venue shall lie in the county where the Property is located. The parties acknowledge that this Contract evidences a transaction that involves interstate commerce. If either party employs an attorney to enforce the terms of or defend a claim brought under this Contract, either by arbitration or litigation, the Prevailing Party shall be entitled to reasonable attorneys' fees,arbitration fees,court costs and expenses incurred,subject to the provisions set forth in TPC, Chapter 27. Prevailing Party shall mean the party who substantially prevails on the claims or defenses asserted without regard to whether such party recovered any relief, direct benefit, or monetary damages. 13.6 WAIVER. The terms and conditions contained herein and any attachments hereto may be waived only by written instrument executed by the party waiving compliance, save and except as related to change orders. Any such waiver shall only be effective in the specific instance and for the specific purpose for which it is given and shall not be deemed a waiver of any other provision hereof. 13.7 INTELLECTUAL.PROPERTY. All documentation, including but not limited to marketing materials,sketches,floor plans, and photographs, which may have been provided to Owner concerning this Contract are proprietary to Contractor and shall not be reproduced or disseminated in any way by Owner except as needed for further completion of the development. Furthermore. Owner acknowledges and agrees that Owner shall have the right to copies of Contractor's architectural plans or other materials, whether copyrighted or not. Owner agrees that Contractor may take and or utilize pictures(film or digital), videos, audio recordings, or the like of the Property and Improvements before, during, and after Substantial Completion for Contractor's use and'or marketing, promotion, advertising, and or general distribution to the public in the furtherance of Contractor's business, including, but not limited to publication in literature. websites and social media sites, blogs, books, publications, magazines. advertisements. and other similar uses. Such materials shall remain the sole and exclusive property of Contractor COMMERCIAL CONSTRUCTION CONTRACT—FIXED PRICE I N tllaj. Ridge_ tridee.d asp +b-N�,ti; ktka4I1 F t, 'tieet Furs"R=P;';<rAereia4 F< EcaeE:u t dc�e3 PAGE 9 and be used by Contractor without compensation to Owner. Owner agrees that Contractor's use of such materials in furtherance of Contractor's business shall not be limited. Contractor may place one of Contractor's signs on the Property during and after construction of the Improvements. 13.8 SURVIVAL. The terms and agreements set forth herein, including, but not limited to, the disclaimers, indemnities and releases, shall survive the termination and/or default of this Contract, Substantial Completion, and payment in full of the Total Contract Price. 13.9 RULE OF CONSTRUCTION. This Contract has been jointly drafted, negotiated, and agreed upon by Owner and Contractor. Any rule and contract interpretation that provides that an ambiguity will be construed against the drafting party is inapplicable to this Contract and shall not be used in connection with the interpretation of this Contract. 13.10 COUNTERPARTS. The Contract may be executed in one or more counterparts,each of which shall be deemed an original. Said counterparts shall constitute but one and the same instrument and shall be binding upon each of the undersigned as full and completely as if all had signed but one instrument and shall be unaffected by the failure of any of the undersigned to execute any of said counterparts. In addition, if the Contract or any other document executed in connection with the Contract is transmitted by facsimile machine,email or other electronic medium(or format,), such document (and the signature of any party on same) shall be treated for all purposes as an original document. Any such faxed, emailed, or electronically transmitted document shall be considered to have the same binding legal effect as an original document. PRIOR TO USING OR EXECUTING THIS CONTRACT, ALL USERS SHOULD CONSULT WITH THEIR ATTORNEY REGARDING THE SUFFICIENCY OF THIS CONTRACT, WHETHER IT COMPLIES WITH APPLICABLE LAW, AND WHETHER SUCH CONTRACT IS APPROPRIATE FOR THE SUBJECT TRANSACTION. THE PROMULGATION OF THIS CONTRACT IN NO WAY IMPLIES COMPLIANCE WITH APPLICABLE LAW, THAT IT IS APPROPRIATE FOR ANY TRANSACTION, OR CREATES AN ATTORNEY-CLIENT RELATIONSHIP. This Contract is entered into as of the Effective Date provided herein above. CONTRACTOR: OWNER: DAVID LEWIS BUIL R INC WESTRIDGE STREET PARTNERS 1,LLC a Te 6co or o a Texas limited liability company Davi Lewis,Presi t Larry Heppe,President Date:.. r Date: CON 4ERCIAL CONSTRUCTION CONTRACT—FIXED PRICE I `, C uRent f l I ii_� Ridge. w estridjg�dpcx #3983? +' •"r=:,�- F Klis Clientks�1FRR€_(1e�zrsialF V4 d,ex PAGE 10 EXHIBIT A SCOPE OF NVORK The Scope of the work to be performed by Contractor i,as follows: L Co\S rRt-c'rlo\Do(r stE`rs. Contractor shall provide all labor and materials for the construction of certain improvements described as follows: Excavation. «-ater, sanitary, sewer, sidewalk, paNing and street light improNements to sen-e Village Ridge (Ridglea Addition, Lots 5RA-1 thni 5RA-5 R 6R-1 thru 6R-8. Block 52) ("Improvements") substantially in accordance with the PIans and Specifications attached hereto in Exhibit B. Collectively, the PIans and Specifications are referred to as the Construction Documents. The Contractor in its reasonable discretion shall resolve an-v-inconsistencies or conflicts within the Construction Documents. If a detail of the construction is not specified within the Construction Documents. or should an alternative building practice be available in lieu of a specified procedure. Contractor may select a construction procedure that complies with applicable building codes. Unless otherwise specified in writing.materials used by Contractor in the performance of the Work shall be as prescribed in the Construction Documents, subject to substitution at Contractor's election should an item not be reasonably a-v ailable or if the procurement of such would cause undue delay in the progress of the performance of the Work. Any substitutions shall be of comparable grade and quality. COMMERCIAL CONSTRUCTION CONTRACT—FIXED PRICE \_t urr_ru ),,t,\ X ilia RLd C_owij,.i = 1 dta _ Ridge F+neldt�ea14-kn!Cheat Wes-#€FPFF C n"ct V4i:" PAGE I1 DAill LEEN IS David Lewis Builder,Inc. 3200 Collinsworth St. Fort Worth,TX 76107 817-735-1122 I I;UILI)I;h VILLA RIDGE-RIDGLEA ADDITION COST BREAKDOWN March 2nd,2015 1 ITEM DESCRIPTION CITY UNIT I PRICE TOTAL UNIT1:WATER IMPROVEMENTS 1. 1 4'Wide Asphalt Pvmt Repair,Residential _ _ _ _ 10!LF $___35.82 $ 358.20 2 Ductile Iron Water Fittings wl Restraint _ __ _ 0 23'TON f 5,857.00 $ 1,34711 1 3 i'PVC Water Pipe 3871 LF f 23.36 $ _ 9.040.32 4 ,Fire hhydrant --- ------- _ __ I 1,EA (S 4 724.GO i$ 4,724.00 815 $ 8,150,001 7 8"x 8"Taryen�Sleeva&Valve ------- -- --__--- --_- --- -- - EA E 1 910.00 E14,60.00 Gate I PP 9 _ r$ 11,601.00 1 8 Trench Safety -------- - -- - ---- -_ -~--387.LF f___1.66 $ 642.42 UNIT It: ANITARY R IMPROV ENTS _ 9 4'Wide Asphalt Pvmt Repair,Residential 590 LF S 27,87 $ 18,443.30 i 10 Post-CCTV Inspection --- - _ _ __885 LFE__ 1.29 E 141 1�65� 11 Manhole Vacuum Testin 4�E4_-$ 130.00$ 520.00 12 Trench Safe _ - - - - -- -- - - 885 LF $ 2.96 1$ 2.619 60 I 13 Trench Water Stops 3 EA 1 S 528.00 1$ 1584.00 14 Imported Embedment/Backfill.Crushed Rack 80 CY_ $ 42.00 $ _3,360.00 15 4"Sewer Service - - - - - - T-9 EA !S 639 00$ 5,751 W 16 8"Sewer Pie i 885 LF f 2710 S 23,983.50 17 4'Manhole 4 EA S 4,100.00 3 16,400.00 18 4'Extra Depth Manhole __ _ 12'VF 5 196.00!f 2,352.00 NIT N:PAVING IMPROVEMENTS 19 7"Conc Pvmt 1 1760;SY S 4387 S 77,211.20 20 4"Conc Sidewalk __ 1 2200 SF $ 3.80 f 8,360.00 21 Low Retaining Wall at Front Sidewalk 1 260 FF 1 5 39.05 1$ 10,934.00 1 22 Barrier Free Ramp,Type R-1 I 2 EA $ 1114.00 f 2,228.00 23 6'Conc Curb and Gutter 150 LF $ 4.59 $ _ 688.50 1 NIT V:STREET LIGHTING IMPROVEMENTS 24 Fumish/Insta6 Elc Sery Pedestal 1 EA $ 2,883.00 $ 2,883.00 25 2"CONDT PVC SeCH 40(B) _ _ _ _ 700 LF $ 7.73 $ 5,411.00 26 17 CONDT RM(Riser) 20 LF I$ 58.98 $ 1,179.60 27 ;p8 Aluminum i--- -- - ! 1400,LF $ 1.09 $ 1526.001 26 I#8 BareCopper 1 700 LF $ 1.29 $ 903.00 29 Ground Box(Type B) I VEA $ 57900 $ 579.00 30 19mamental Assembly.Simile ashi ton S 100 W HID i 3 EA $ 3 806.00 $ 10,818.00 31 LED Ughting F-Ddure 2-90W-NM Cobra Head 3 EA $ 1,352.00 $ 4,056.00 32 Rdwy IOum Foundation TY 7 1 3 EA $ 1,094.00 $ 3,282.00 LAVATION 33 Mobilization I 1.LS $ 4,50800 $ 41508.00 34 SWPPP(Construction Entrance,Silt Fence,RFD) 1 LS $ 4,712.00 $ 4,712.00 35 Traffic Control ------ 1 LS f 2,093.00 $ 2,093.00 36 Im ort,Race d Compact Common Fill 1 12903.CY f 8.88 $ 114,578.64 37 Char and Grub Existing Site(1nGudes Fence Removal) 11 LS $ 2,962.00 f 2.982.00 38 !Remove Existing Trees -- - 211 EA $ 184.00 S 3,664.00' 39 Survey 1'LS $ 4,210.00 $ 4,210.00 MISC f GENERALC N ITION 40 1 Performance,Payment S Maintenance Bonds 1'LS $ 10,648.00 $ 10.648.00 41 1 Supervision/P jed Management ! 1;LS $ 15,300.00 $ 15,300.00 42 1 Dumpster 11 LS $ 500.00 $ 500.00 43 1 Blueprints/Printing Fees 1'LS IS 380.00 $ 380.00 44 'iQorcrets Materials Testing I Soils Compaction Testing-at Roadway ONLY 11 LS b 5,000.00 E 5,000.(X) jTOTAL $ 413,563.041 ` ADD ALTERNATES 1 Lum hp�arM InstaY Concrete Relalnepe Wall W/Cantilever Foos ___ 21'_60'FF 2123 S 45 856 80 2 'Import,Placa S Compxt Comma+Fm - ---_-�--' 1777 CV S---10,41 r PROVISIONS I QUALIFICATIONS INCLUSIONS: WATER AND SEWER LINES TO PROPERTY LINE 'ONSITE AND OFFSITE DISPOSAL OF EXCESS MATERLLLS. SWPPP TRAFFIC CONTROL POST CONSTRUCTION CCN 8 TESTING CHLORINATION AND TESTING OF WATERLINE STREET LIGHTING EXCLUSIONS: __ •ANY PERMITS,INSPECTION FEES,IMPACT FEES 8 MISC CITY FE'e5 ENGINEERINGfCESiGN WALLS,RETAINING WALLS,CONCRETE FOOTINGS at REAR am SICE PROPERTY LINES LANDSCAPE MATERIALS 6 SOILS TESTING(cher Bran new roadway; IRRIGATION TEMPORARY UTILITIES PRIMARY ELECTRIC BY ONCOR NOTES. 'QUANTITIES ARE ESTIMATES ONLY.FINAL PAYMENT TO BE MADE ON MEASURED QUANTITIES UPON Cvi`IrUc'...ON 'QUOTE BASED ON ALL ENGINEERING,GRADES,AND ALIGNMENTS BEING FURNISHED BY THE OWNER 'THIS QUOTATION IS EFFECTIVE FOR THIRTY(30)DAYS FROM THE EFFECTIVE DATE OF THIS QUOTATION 'SU1BjECT TO CANCELLATION!F NATIONAL EMERGENCY SHOULD CAUSE MATERIAL TO BECOME UNAVAILABLE. COST BREAKDOWN IS PER PLANS DATED AUGUST 8,2014(cover meet d II.M 3 ttw 25. 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BEING Z6007ACRES OUT OFTHE W.HOUSFONSLB'"EY,ABSULFNO 743 r arras PREPARED'UTEMBER 2014 cas{mlue{w�fMy, r Ld SE SI N3 cQ -ivy �v i Z q 7 ..... p T M I -j—N 3 lI3N ZD s >1 IN 3W 1I I81 3W 1S JA18d tey'� J zQ p CK— 3 ❑H r Y p = A\ RI N 1&0 3 = _J w ❑ 3 Y NdH Y � w J = c5 0 F J wU U Q H° w z vi ❑ d ❑� dH ¢ � � � 1 3 -J o A Q r Z aas '-'� ❑ r ,t w N ❑b 3 11I v U L7 Q LDJ Q z Z 17 p q P7 = 0� w J` w NINflZ 1NVX, Jff�� w ylNl �w FtZ �-� e Q d17cy �> H1NI/q Q d °' f w5 L7 0 Et 1E N w U O i 0 RIDGE NPJE V F 0 CJ-Yu d O � Z�� A V H aP ° z Oo Veli. P �� OHO OPd P-4LLJ N Y z > ❑ r a > 2 v LL) 3 N a LLI J z ZD ra ❑ �P ZO �a �r d� OO O� O� 3-IdQ3 o X310 f n 3AI-10wz ® �n N J �O� N 1❑NIdd S `�'y J N d Z ❑ ) �Py Skid❑ N33b3 I w LQ LQ p ❑ � NLA LA OO N019NIH � C5 1N❑WQ3Id 0 ° 3 C W 0 �r� dd do 3N32iI 39(ilb r'� b16353 Q 0 0I 32l3W� tiled G z o o ~ � 00 42 43 DAP-BID PROPOSAL Page I of 5 SECTION 00 42 43 Developer Awarded Projects-COST ESTIMATE UNIT PRICE BID Bidder's Application Project Item Information Bidder's Proposal Bidlist Description Specification Section No. Unit of Bid Quantity Unit Price Bid Value Item No. Measure UNIT I:WATER IMPROVEMENTS 1 3201.0111 4'Wide Asphalt Pvmt Repair,Residential 3201 17 LF 10 $77.00 $770.00 2 3311.0001 Ductile Iron Water Fittings w/Restraint 33 11 11 TON 0.23 $4,349.87 $1,000.47 3 3311.0241 8"PVC Water Pipe 33 I1 12 LF 387 $26.25 $10,158.75 4 3312.0001 Fire Hydrant 33 1240 EA 1 $2,851.48 $2,851.48 5 3312.2003 1"Water Service 33 12 10 EA 10 $602.44 $6,024.40 6 3312.3003 8"Gate Valve 33 1220 EA 3 $1,126.67 $3,380.01 7 13312.4209 24"x 8"Tapping Sleeve&Valve 133 1225 IEA 1 1 $6,000.001 $6,000.00 8 13305.0109 Trench Safety 13305 10 JLF 1 387 $7.851 $3,037.95 TOTAL UNIT I:WATER IMPROVEMENTS $33,223.06 t-I1 016lt A&ghh,-v PUMt CITY OF FORT WORTH STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS Fm Va Aprd 2,2014 CFA Cuv Estimate U) w Nw Q ; cqo CD x x o o� .rte,- � 1S•�M � -9/71V3A V doYH1N/M m o W Q �I > ' f 7 DJ LU0 o q W N ] O = O CL LUCL LU 0 { '•3 / cr < CL W a� W' 'p O x b pGOw�n roP Op CD O y S ih �G t0 rr 00 L0 t i I VptUM ZONEQ f� =a N ; c0 LuN W WctePhsl p , O W } z p594'° P o _ W n Q' W Z 0� tS I N J .~i m ° I R�ppn4 u ,^ VptUM ZED• ti v y ,1' y N ti LU'^ _ -' LO J� % OO W J � � � u m 0 Z J W _ (n - � i W N 48��44 R. LO A O F i CL W n > Z Rµ� aF OQ m UX Vp1U 0 c.. . � U W t zo LU � S W0001i� , Q J I L W X O F ,fir � QO • •� 3 004243 DAP-BID PROPOSAL Psae 2 of 5 SECTION 00 42 43 Developer Awarded Pro ects-COST ESTIMATE UNIT PRICE BID Bidder's Application Project item Information Bidders Proposal Bidlist Unit of Item No. Description Specification Section No. Measure Bid Quantity Unit Price Bid Value UNIT II:SANITARY SEWER IMPROVEMENTS 1 3201.0111 4'Wide Asphalt Pvmt Repair,Residential 3201 17 LF 590 $77.00 $45,430.00 2 3301.0002 Post-CCTV inspection 33 01 31 LF 885 $1.60 $1,416.00 3 3301.0101 Manhole Vacuum Testing 33 01 30 EA 4 $107.16 $428.64 4 3305.0109 Trench Safety 3305 10 LF 885 $7.85 $6,947.25 5 3305.0113 Trench Water Stops 3305 15 EA 3 $503.85 $1,511.55 6 3305.0204 Imported Embedment/Backfill,Crushed Rock 3305 10 CY 80 $40.00 $3,200.00 7 3331.3101 4"Sewer Service 3331 50 EA 9 $313.60 $2,822.40 8 3331.4115 8"Sewer Pie 33 11 10,33 31 12,33 3120 LF 885 $29.03 $25,691.55 9 3339.1001 4'Manhole 33 39 10,33 39 20 EA 4 $2,413.66 $9,654.64 10 3339.1003 4'Extra Depth Manhole 33 39 10,33 39 20 VF 12 $169.95 $2,039.40 TOTAL UNIT If:SANITARY SEWER IMPROVEMENTS $99,141.43 UNIT 111:DRAINAGE IMPROVEMENTS TOTAL UNIT III:DRAINAGE IMPROVEMENT CRY OF FORT WORTH STANDARD CONSTRUCTION SPECMCATION DOCUMENTS-DEVELOPER AWARDED PROJECTS Fo Version April 2,2014 CFA Cost Enti (D E (D OL JOWA LU 0 LU -0 0 z a. a_ w ------------- V;sa clun t-------------------- — —— -------- 2 x qw".'m. 61 ca LU LU Lu Lu WO O LU> 0- ---------- cu 0 t: 1 o o z 4 CL v . -A b 0: ) Lu�)�- b\ c Lu !,o cn -j —------ UJ (,)(x LU LU i co O Z OJ as LU 0 tam' m Z a- vo'o, 64 Pfd z;,Z ,Ifol J L, �\ m 0(L Z 0 EL 5'1 iF till, uj t F 3: 1 `• ,1\ ;DLU aLU 0 0 Lu LU _j 0 X EL 0 z LL Z< EL t's 004243 DAP-BID PROPOSAL Page J of 5 SECTION 00 42 43 Developer Awarded Projects-COST ESTIMATE UNIT PRICE BID Bidder's Application Project Item Information Bidder's Proposal Bidllst Description Specification Section No. Unit of Bid Quantity Unit Price Bid Value Item No. Measure UNIT IV:PAVING IMPROVEMENTS 1 3211.0502 8"Lime Treatment 32 1129 SY 57 $3.33 $189.81 2 3213.0102 7"Conc Pvmt 32 13 13 SY 53 $35.33 $1,872.49 3 3213.0301 4"Conc Sidewalk 32 1320 SF 2200 $3.94 $8,668.00 4 3213.0501 Barrier Free Ramp,Type R-1 32 1320 EA 2 $1,141.12 $2,282.24 5 3216.0101 6"Conc Curb and Gutter 32 16 13 LF 150 $20.20 $3,030.00 TOTAL UNIT IV:PAVING IMPROVEMENTS1 $16,042.54 CITY OF FORT WORTH STANDARD CONSTRICTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS Fa Vaitim Apri12,2014 CFA Col Estimate h y ffiSS W W I = m CL � W * / win— to m w CL t it aLO 21 u! cl O L_rt Woa cn Q r / CL w Q o (D CL cn all 'o ry I LL I ma N Y; i cu LO , • 1 � � a t xt � � '� y • O W rn 1 W I Q _ a �^�� a �W W LL�/i+J0C O N r Cr I /I// Or LO gi t � Of ` n w oul iL d 0 O O w d iL W u {c Z . s /1HG Q Z y OE CL LU LLJ NOW O > D �.; LLJ E 004243 DAP-BID PROPOSAL Page 4 of 5 SECTION 00 42 43 Developer Awarded Proiects-COST ESTIMATE UNIT PRICE BID Bidder's App lication Project Item Information Bidder's Proposal Bidlist Unit of Item No. Description Specification Section No. Measure Bid Quantity Unit Price Bid Value UNIT V:STREET LIGHTING IMPROVEMENTS 1 2605.0111 Furnish/Install Elec Sery Pedestal 26 05 00 EA 1 $1,800.00 $1,800.00 2 2605.3012 2"CONDT PVC SCH 40 B) 26 05 33 LF 250 $22.42 $5,605.00 3 2605.3014 2"CONDT RM(Riser) 26 05 33 LF 6 $22.42 $134.52 4 3441.1313 8/C 14 AWG Multi-Conductor Cable 3441 10 LF 250 $1.17 $292.50 5 3441.1501 Ground Box Type B 3441 10 EA 1 $517.63 $517.63 6 3441.3021 Ornamental Assmbl ,Simple 34 41 20 EA 3 $500.00 $1,500.00 7 3441.3201 LED Lighting Fixture 34 41 20 EA 3 $404.761 $1,214.28 8 13441.3303 Rdwy Ilium Foundation TY 7 1344120 JEA 1 3 $905.891 $2,717.67 TOTAL UNIT V:STREET LIGHTING IMPROVEMENTS $13,781.60 UNIT VI:TRAFFIC SIGNAL IMPROVEMENTS TOTAL UNIT VI:TRAFFIC SIGNAL IMPROVEMENTS CITY OF FORT WORTH STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROTECTS Form Va April 2,2014 CFA Cowl Estimate w c „ t2 ay LU 0 LU Uo�n CL W W OCLd' o ® p a CL U) W t o h 1N3ry3Sy3 AtiT 5 1 1S94 St • „I 3/WRA d da-YH1N141 ' Lij L J r •C to `I•C p V ;�'1 2 / ! se I '- / V) Q t aQ 47��Wit Rt O�Op : N O g�BE P C o I �p111\A O Ep'. A� jR U- mY N ca N oQ o ? LO a • - - - - Uj m oQLuP _ ` b 4# `pj 43 EA `` a I LU R\OC'�nf / rn — N n 11 V�ZpNEO' _ 11, � 0 W C Nii > o 0 r 00 �� J LU Q m m >- n Q W LU Tiny N cy- � 0- 48��4q.R, „� I vOWµE oC� s z �N Q5 1 , W MF1+ V w CL LU w CL v/ IN1 42 41 DAP-BID PROPOSAL Page 5 ors SECTION 00 42 43 Developer Awarded Projects-COST ESTIMATE UNIT PRICE BID Bidder's Application Project Item Information Bidders Proposal BidN Description Specification Section No. Unit of Bid Quantity Unit Price Bid Value Item No. Measure Bid Summary UNIT I:WATER IMPROVEMENTS $33,223.06 UNIT II:SANITARY SEWER IMPROVEMENTS $99,141.43 UNIT IV:PAVING IMPROVEMENTS $16,042.54 UNIT V:STREET LIGHTING IMPROVEMENTS $13,781.60 Total Construction Bid $162,188.63 CITY OF FORT WORTH STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS Form Vvsion April 2,2014 CFA Cost E.limate rN N(y N f 4 OC 0 O N U �a 3g U Q - W- •>,f E-+ U) o 8 c �^ ✓> Nil rT7 Zd �..c O a r� is Z �� I - U) L) L) U) Z Q p aYo ULuzit pct L. 0 a Q Q _ _y in >-< pa 3zh U� J.- o a a Y fro 3 d o G� Qc3 Q°t z ? ~ Lus Uj a w O O Go n Z 0 a O a R cr ° w O ¢ W Lu