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Res 2024-112 approving a developer participation agreement with McCoy Corporation, providing for the city to participate in the cost of wastewater facility improvements
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Res 2024-112 approving a developer participation agreement with McCoy Corporation, providing for the city to participate in the cost of wastewater facility improvements
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7/14/2024 10:39:14 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2024-112
Date
7/2/2024
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accordance with the City's applicable ordinances, standards and processes; provided, <br /> however,that the City shall not unreasonably withhold,condition or delay approval of any <br /> such final plans and specifications to the extent generally consistent with Exhibit "B" <br /> attached hereto. <br /> 2.1.2 Project Manager. The Developer will act as project manager in the <br /> construction of the Improvements. If the plans for the Improvements are required to be <br /> sealed by a professional engineer,the Developer will ensure that the construction is carried <br /> out under the direct supervision of a professional engineer registered in the State of Texas. <br /> The City acknowledges and agrees that the plans for the Developer Force Main, the City <br /> Force Main and the Lift Station were developed by engineers hired directly by the City and <br /> in no event shall Developer have any liability in connection therewith. <br /> 2.1.3 Independent Contractor. The Developer shall be solely responsible for <br /> selecting, supervising and paying the construction contractor(s) or subcontractors and for <br /> complying with all applicable laws, including but not limited to all requirements <br /> concerning workers compensation and construction retainage. The parties agree and <br /> understand that all contractors, employees, volunteers and personnel furnished or used by <br /> the Developer in the installation of the Improvements shall be the responsibility of the <br /> Developer and shall not be deemed employees or agents of City for any purpose. <br /> 2.1.4 Performance Bond. Developer will execute a performance bond to ensure <br /> completion of the Improvements. The bond must be executed by a corporate surety in <br /> accordance with the Chapter 2253 of the Texas Government Code. <br /> 2.1.5 Warranty. The contract with the contractor will provide for at least a one- <br /> year warranty against defects in materials and workmanship. This warranty obligation <br /> shall be covered by any performance or payment bonds required of the contractor under <br /> the terms of the construction contract. <br /> 2.1.6 Completion and Acceptance. The date of completion shall be the date on <br /> which the City accepts the Improvements in accordance with the City's applicable <br /> ordinances, standards and processes and provides notice of such acceptance in writing to <br /> the Developer.Prior to the City's acceptance of the Improvements,Developer shall,among <br /> other applicable requirements,provide to the City a one-year warranty from the contractor <br /> against defects in materials and workmanship in the Improvements and a notarized <br /> affidavit stating that all bills for labor, materials, and incidentals incurred have been paid <br /> in full, that any claims from manufacturers, materialmen and subcontractors have been <br /> released, and that there are no claims pending of which Developer has been notified. <br /> 2.2 Cost Participation <br /> 2.2.1 Cost Participation Amount. The City is cost participating in the <br /> Improvements in an amount not to exceed $430,000.00 for those portions of the work <br /> additionally requested by the City as itemized in Exhibit "A." The Developer will be <br /> responsible for paying the remainder of the costs for the Improvements. Notwithstanding <br /> anything to the contrary contained herein, for the avoidance of doubt, the City shall bear <br /> the full cost of the City Improvements. <br />
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