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HomeMy WebLinkAboutC2020-454 - 11/17/2020 - Approved AMENDMENT OF WATER ARTERIAL TRANSMISSION AND GRID MAIN CONSTRUCTION AND REIMBURSEMENT AGREEMENT This is an amendment to the Water Arterial Transmission and Grid Main Construction and Reimbursement Agreement, Document number 2018053884, originally dated December 6, 2018, by and between: MPM Development, L.P. and the City of Corpus Christi. NOW, THEREFORE, in consideration of the mutual covenants herein, the Parties agree to amend Water Arterial Transmission and Grid Main Construction and Reimbursement Agreement, Section 6 and 9.e. as follows: 6. DEVELOPER AWARD CONTRACT FOR IMPROVEMENTS Developer shall award a contract and complete the improvements to Grid Main Extension, under the approved plans and specifications, by December 6, 2021 . 9. e. Developer/Owner's contractor fails to complete construction of the project, under the approved plans and specifications, on or before December 6, 2021 . All other terms and conditions of the original agreement remain effective and in full force. EXECUTED IN ONE ORIGINAL and made effective this L.day of D . McArL, 2020. CITY OF eRPUS CHRISTI MPM DEVELOPMENT, L.P. Al "a • d III, CBO, AIA Mossa Mostaghasi Direc or • Development Services General Partner APPROVED AS TO FORM: / Sk,/, 1 /��' Z'1 ATTEST: RE ECCA HUERTA Buck Brice (date) CITY SECRETARY Assistant City Attorney It �, for the City Attorney tS0-3 () AU I Ntitima" STSTATE OF TEXAS § COUNTY OF N' n § SECRfTAR G This instrument was acknowledged before me on a3 day of 2020, by Mossa Mostaghasi, General Partner, on behalf of MPM D velopment, L.P. — — — — — — 4 ;.��PaYF�..; CYNTHIA BUENO ► " I f �' ��1� 4 '=!' �� ID# 1178588-3 ► �Vu t i` ''yr Notary Public ► Not ry Public's Signature ';9�.•f-�Q' STATE OF TEXAS 4 '"`°f •",., My Comm. Exp. 11-04-2023 ► 1 • SCANNED