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HomeMy WebLinkAboutContract 53292 ` 0 0RETPRY IvED DEC 1 9 2019 TRANSPORTATION IMPACT FEE CREDIT AGREEMENT o OF FORT IN00 uv SEO mal( THIS TRANSPORTATION IMPACT FEE CREDIT AGREEMENT (the "Agreement") is made and entered into effective as of the Effective Date (as defined below),by and among THE CITY OF FORT WORTH,TEXAS (the"City"),a Texas home rule municipal corporation, and Burleson Fields,LLC, a Texas limited liability company authorized to do business in Texas (the"Owner") (the City and the Owner a"Party",and collectively, the "Parties"). RECITALS WHEREAS, the Owner is the owner of approximately 88.14 acres in Tarrant County,Texas,as described by metes and bounds in Exhibit"A" (the"Property")located within the corporate boundaries of the City. A map of the Property showing its location is attached hereto as Exhibit'B"; and WHEREAS, the Owner desires to proceed with development of the Property as described or illustrated on the Development Plan, attached hereto as Exhibit"C".which identifies the on-site and/or off-site transportation facilities necessary for serving full development of the Property; and WHEREAS, the City has adopted a Transportation Impact Fee program pursuant to Texas Local Government Code Chapter 395, codified in City Code Chapter 30, Article VIII,et seq., as amended, under which impact fees are imposed on new development for impacts to the City's transportation facilities as a result of said development; and WHEREAS,transportation impact fees are collected and must be spent by the City on impact fee eligible transportation facilities identified within the City's adopted Transportation Improvements Plan ("TIP"), as amended, within the service area(s) in which the new development is located; and WHEREAS, the Impact Fee Program provides for credits against impact fees for dedication of right-of-way and/or construction of transportation improvements identified as impact fee eligible on the adopted TIP; and WHEREAS, the Property is located within service area Y; and WHEREAS, the City has determined the maximum transportation impact fees to be assessed against new development within service area Y to be $2,348 per service unit (vehicle-miles of demand); and if d Transportation Impact Fee Credit Agreement-CA-19-008 �L'� � c:, Page 1 of 17 McPherson Village Updated 2/15/19 WHEREAS,certain transportation facilities depicted on Exhibit"D"are identified as impact fee eligible within the City's adopted TIP and therefore eligible for impact fee credit; and WHEREAS, Owner has agreed to dedicate the right-of-way and/or constructed the transportation improvements shown on Exhibit "D" for which credits against transportation impact fees shall be granted; and WHEREAS, the Owner has received the following preliminary plat (or concept plan) approval: McPherson Village, PP-16-053; and WHEREAS, the Owner has dedicated 98,730 square feet of right-of-way for eligible arterial,Summer Creek Dr: Recorded as Instrument D219239223, recorded October 18,2019; and WHEREAS,the Owner has received approval for construction plans and executed Community Facilities Agreements, and obtained final acceptance by the City on November 18, 2019 for the following: McPherson Village Addition - Phase 1, City Project 101259, Plans File No. W-2532. NOW, THEREFORE, for and in consideration of the mutual agreements, covenants,and conditions contained herein, and other good and valuable consideration, the City and the Owner hereby covenant and agree as follows: 1. Recitals. The recitals contained in this Agreement are true and correct as of the Effective Date and form the basis upon which the Parties negotiated and entered into this Agreement. 2. Transportation Improvements. Owner agrees to dedicate the rights-of-way for and/or construct the system facilities identified in Exhibit "D". For any transportation improvement which has been previously dedicated or constructed by Owner on the Property and accepted by the City prior to execution of this Agreement, the improvement shall be identified as completed on Exhibit "D". 3. Credits. The Parties agree that the estimated value of the credits for each transportation improvement, expressed in current dollars, shall be as set forth in Exhibit "E". The value of credits associated with the improvements first shall be reduced by the Schedule 2 impact fee associated with any lot for which a building permit has Transportation Impact Fee Credit Agreement-CA-19-008 Page 2 of 17 McPherson Village Updated 2/15/19 previously been issued, and the net value of credits shown on Exhibit "E" shall be considered as exact. 4. Phasing. The Parties acknowledge that, where it is anticipated that the project will be developed in phases, the anticipated construction of improvements by phase shall be as depicted in Exhibit "D", which is attached hereto and incorporated herein by reference. 5. Allocation of Credits by Phase. The general allocation of credits to each phase of the development shall be as shown on Exhibit"F",which is attached hereto and incorporated herein by reference. The Parties agree that the credits identified in this Agreement shall not be deemed to have been created until the system facility for which credit is to be granted has been dedicated and accepted (in the case of right-of-way) or constructed through an executed Community Facilities Agreement and final acceptance by the City has been obtained. The Parties further agree that, prior to the application of a credit against transportation impact fees otherwise due for any unit of development; the following events shall take place: (a) The number of credits resulting from such improvement has been valued; and (b) Concurrent with final plat approval, a credit allocation shall be provided by the developer for the phase of development to which the credit is to be applied,which allocation may either assign the credit,expressed in dollars,to each finally platted lot or may create a credit-pool to be utilized by that phase of development. 6. Term and Effective Date. The initial term of this Agreement shall be ten (10) years from its Effective Date. 7. Agreement to Run with the Land. Owner shall have the right to assign this Agreement to any person or entity ("Owner's Assignee") with the written consent of the City, provided: (a) the assignment is in writing executed by the Owner and its assignee; and (b) the assignment incorporates this Agreement by reference and binds the Owner's Assignee to perform (to the extent of the obligations assigned) in accordance with this Agreement. Each Owner's Assignee shall become a Party to this Agreement upon the execution of such assignment. In no event may this Agreement be construed to authorize assignment of any credits attributable to a system facility to be dedicated or constructed hereunder for use outside the boundaries of the Property. Transportation Impact Fee Credit Agreement-CA-19-008 Page 3 of 17 McPherson Village Updated 2/15/19 8. Amendment. This Agreement shall not be modified or amended except as follows: (a) Any amendment or modification to this Agreement or any Exhibit or schedule hereto shall be in writing and signed by the Parties. (b) Any revision, amendment, or modification to this Agreement, the Development Plan, or any Exhibit or schedule thereto, shall become effective on the date executed by the Parties or,as applicable,upon the date of approval by the City Council or designated city official. 9. Exhibits. The exhibits attached to this Agreement are incorporated as part of this Agreement for all purposes as if set forth in full in the body of this Agreement. (Remainder of Page Intentionally Left Blank) Transportation Impact Fee Credit Agreement-CA-19-008 Page 4 of 17 McPherson Village Updated 2/15/19 IN WITNESS WHEREOF, the undersigned parties have executed this Agreement to be effective as of the date subscribed by the City's Assistant City Manager.. CITY OF FORT WORTH,TEXAS OWNER Burleson Fields, LLC a Texas limited liability company D-&QW — Jests+-C-rn D i� Aj ),j-WjwN Assistant City Manager David Shipma r. Date: Authorized Agent Member Recommended By: ARandle400 �4 Director,Planning and Development Approved as to Form and Legality: Douglas Black City Contract Compliance Manager: Assistant City Attorney M&C:None required By signing, I acknowledge that I am the Form 1295: None required person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting ATTEST: requirements. YV ary J.Uy r 'k rrad terman City Secretary `r Cy . :` Engineer Transportation Impact Fee Credit Agreement-CA-19-008 Page 5 of 17 McPherson Village Updated 2/15/19' EXHIBIT LIST "A" Description of the Property "B" Map of Property "C" Development Plan "D" Eligible Transportation Improvements "E" Credits Against Transportation Impact Fees "F" Allocation of Credits Transportation Impact Fee Credit Agreement-CA-19-008 Page 6 of 17 McPherson Village Updated 2/15/19 EXHIBIT A Description of Property BUNG an 88.14 acre tract of land situated in the John Korticky Survey, Abstract No. 914, City of Fort Worth, Tarrant County, Texas and being the same tract as conveyed to Burleson Fields, LLC as evidenced by warranty deed recorded in Clerk File D216137216, Deed Records Tarrant County,Texas. Beginning at a found 1/2 inch iron rod in the east line of Chisolm Trail Parkway (variable width ROW) for the intersection of the Chisolm Trail Parkway east line and the south line of Sun Flower Ridge Drive. Thence North 8913 1'10" East with the Sun Flower Ridge south line a distance of 1587.30 feet to a set 1/2 iron rod in the west line of Summer Creek Road(55' ROW); Thence South 01°45'36" East with the Summer Creek Road west line a distance of 1981.55 feet to a set 1/2 inch iron rod in the north line of the Texas Electric Service Company right-of-way as recorded in Volume 3599, Page 588, Deed Records Tarrant County,Texas; Thence South 89"12'21" West with the north line of said Texas Electric Service Company right-of-way a distance of 2597.84 feet to a found 1/2 inch iron rod in the east line of Chisolm Trail Parkway, said point being the beginning of a curve to the left having a radius of 2984.79 feet, a central angle of 43°36'02", and a Iong chord that bears North 25121'33"East, 2216.93 feet; Thence along said curve to the left and east line of Chisolm Trail Parkway an arc Icngth of 2271.34 feet to the Point of Beginning;and Containing 3,839,255 square feet, 88.14 acres of land, more or less. Transportation Impact Fee Credit Agreement-CA-19-008 Page 7 of 17 McPherson Village Updated 2/15/19 EXHIBIT B Map of Property -_ MOIIO Spa e F a a ,R.�isnty { cE or re SY; ;it �CF{AHLES F, STARK CW PROJECT NO. 101259 57357� f .,rsj;R.r, OWNER/DEVELOPER �OrmL Fi SURIESON Flab% lLC 0 a,ll�Q/x�t 1218LWL�N, TX 76=5t <�w tns�r txwc TEI:817-295-7365 wpomw we OMAh r RANk Pr iW5 MDZ W SLIM, 111 0"��,�' VICINITY M A I' Q-- McPHERSON VILLAGE PHASE. I +►� r�»,.-, toys• �¢;a Y::a...� vinrn..i+a ALI'iff&90N tiIli.AUl,lDOITiON,PIiASES '..»',y.wy a..•,..�..r a•vr�, r..r1Y Cy,-FT wun i.EARA.1NT i m i;f 1,rEXAN wax.r,rq�1lrk6T _ Transportation Impact Fee Credit Agreement-CA-19-008 Page 8 of 17 McPherson Village Updated 2/15/19 EXHIBIT C Development Plan FI 0. ----------- 3- 1 F 71 Tr S. Transportation Impact Fee Credit Agreement-CA-19-008 Page 9 of 17 McPherson Village Updated 2/15/19 EXHIBIT D Transportation Improvements McPherson Village a Credit Agreement Dedicated Right-of-Way' I! Dedicated&Constructed 1 'Eligible for Credit Against ITransportation Impact Fees FORT WORT11, SUNFLOWER RIDGE 41 k M to C� m m t LU tu �4 Eligible Improvements Limits w From Sunflower Ridge to a Summer Creek Rd approximately 36Y south of Rancho Verde Pkwy w FOGAFA Transportation Impact Fee Credit Agreement-CA-19-008 Page 10 of 17 McPherson Village Updated 2/15/19 EXHIBIT E Credits Against Transportation Impact Fees Net Credit Against Transportation Impact Fee McPherson Village Value of Construction Capacity Provided Project# Phase Project Acceptance Date Value 101259 1 McPherson Village 11/18/2019 $ 1,075,253.21 Value of ROW Dedications Dedication Instrument Number Value Summer Creek Dr(Sunflower Ridge Rd to 360'south of Rancho Verde Pkwy) D219239223 $ 178,701.30 Subtotal of Credit Available $ 1,253,954.51 Deductions -NONE Net Credit Available $ 1,253,954.51 Transportation Impact Fee Credit Agreement-CA-19-008 Page 11 of 17 McPherson Village Updated 2/15/19 Capacity Provided by McPherson Village Addn-Summer Creek Cyr(CPN 101259) Paving Item lotal Eligible Description Unit Unit Price Eligible AmountNo. Qu a ntity Quantit 1 REMOVEA5PHALT PAVEMENT 2,116 SY $4.05 2,116 $ 11,242.80 2 CONC PVMT REPAIR,HES 74 SY $122.00 14 $ 9,028.00 3 6"FLEXIBLE BASE,TYPE B 643 SY $18.20 643 $ 11,702.60 4 HYDRATED LIME FOR 6",8"AND IW CONC PVMT 447 TN $1SO.00 121 $ 18,150.00 5 6"LIME TREATMENT 19,853 SY $2,40 6,722 $ 16,132.80 6 8"LIME TREATMENT 8"AND 10"PVMT 9,017 SY $2.65 0 $ - 7 2"ASPHALT PVMT TYPE D 743 SY $13.00 743 $ 9,659.00 8 4"ASPHALT BASE TYPE 8 100 SY $25.70 100 $ 2,570.00 9 4'ASPHALT BASE TYPE 8 128 SY $32.00 128 $ 4,096.00 10 6"CONC PVMT 14,729 SY $34.00 0 $ - 11 8"CONC PVMT IjI0 SY $42,00 0 $ 12 IW CONC PVMT 6,796 SY $63.00 6,796 S 428,148.00 13 4'CONC SIDEWALK 27,198 SF $4.21 21,120 $ 88,915.20 14 BARRIER FREE RAMP TYPE R-1 15 EA $1,096.10 0 $ - 15 BARRIER FREE RAMP TYPE U-1 1 EA $1,096.10 0 $ 16 BARRIER FREE RAMP TYPE M-2 2 EA $793.41 0 $ - 17 BARRIER FREE RAMP TYPE P-1 7 EA $793.41 4 $ 3,173.64 18 4"SLD PVMT MARKING HAS 3,786 LF $3.25 3,481 $ 11,313-25 19 REFL RAISED MARKER 95 EA $5.50 87 $ 480.41 ZO SEEDING HYDROMULCH 17,000 SY $1.75 0 S 21 END OF ROAD BARRICADES 5 EA $1,500.00 0 $ 22 TRAFFICCONTROL 1 MO $5,000.00 1 $ 5,000.00 23 PORTABLE MESSAGE SIGN 4 WK $1,250.00 4 $ 5„0D0.00 24 METAL BEAM GUARD FENCE TXDOT STD 125 LF $34.00 12S Paving Subtotal 5 628,SG1.70 Storm Drain Itcrn Description Total Unit Unit Price Eligible Amount No. Quantity Quantity I REMOVE 18"STORM LINE 67 LF $ 20.00 67 $ 1,340.00 2 21"STORM ABANDONMEN I PLUG 6 EA $ 850.00 6 $ 5,100.00 3 REMOVE 4'DROP INLET I EA $ 1,850.00 1 $ 1,850.00 ,1 REMOVE 18"HEADWALL/SET 2 EA $ 1,000.00 2 $ 2,ODO.00 5 UNCLASSIFIED EXCAVATION BY PLAN 730 CY $ 15.25 730 $ 11,132.50 { CONCRETE RIPRAP 140 SY $ 54.00 740 $ 39,960.00 1 MEDIUM STONE RIPRAP,DRY 972 SY $ 65.00 972 $ 61,180.00 8 SEEDING,HYDROMULCH FOR CHANNEL ONLY 2,190 SY $ 4.25 2,190 $ 9,307.50 9 TRENCH SAFETY 3,290 LF $ 0.50 3,870 $ 1,935.00 10 4'MANHOLE I EA $ 4,200-00 1 $ 4,200A0 11 IS"RCP,CLASS 111 67 LF $ 46.00 SO $ 2,300.00 12 21"RCP,CLASS 111 663 LF $ 48.00 467 $ 22,416.00 13 24"RCP,CLASS III 1,3S6 LF $ 58.00 1,297 $ 75,2Z6.00 14 27"RCP,CLASS 111 27 LF $ 68.00 $ 15 30"RCP,CLASS 111 464 LF $ 7S.00 464 $ 34,900.00 16 33"RCP,CLASS 111 343 LF $ 85.00 343 $ 29,155.00 17 36"RCP,CLASS 111 596 LF $ 90.00 613 $ 55,170.00 IS 42"RCP,CLASS III 62 LF $ 118.00 124 $ 14,632.01) 19 IOX4 BOX CULVERT 408 LF $ 620.00 204 $ 126,480.00 20 10X5 BOX CULVERT 425 LF $ 650.00 308 $ 200,200.00 21 4'STORM JUNCTION BOX S EA $ 3,900.00 5 $ 19,000.00 Transportation Impact Fee Credit Agreement-CA-19-008 Page 12 of 17 McPherson Village Updated 2/15/19 Storm Drain(continued) Item Total Eligible Description Unit Unit Peke Amount No. Quantity Quantity 22 5'STORMJUNCT ION BOX 1 EA $ 4,101.95 1 $ 4,IDJ.9S 23 CIF STORM JUNCTION STRUCTURE 2 EA $ 21,550.00 $ 24 18"SET 1 PIPE 2 EA $ 2,S00.00 2 $ 5,000.00 25 IV CURB INLET 16 EA $ 4,500.00 3 $ 13,500.01) 26 15'CURB INLET 9 EA $ 6,000.00 9 $ 54,000.00 27 IV RECESSED INLET 6 EA $ 4,800.00 9 $ 43,200.00 28 4'DROP INLET 1 EA $ 3,80MOO 1 $ 3,800.00 29 ORIFICE WEIR OUTLET STRUCTURE I EA $ 39,925.00 1 $ 39,925,00 30 42"TXDOT TYPE CH-FIN-0-HEADWALL 1 EA $ 4,725.00 1 $ 4,72S.00 31 24"TXDOT TYPE CH-FW-0-HEADWALL DEL CONI EA $ 34 TXDOT TYPE SW-O HDWL CONl I EA $ 27,500.011 1 $ 27,S00.00 35 42"SLOPING HDWL CO#I 1 EA $ 4,500.00 1 $ 4,50D.00 36 24"SLOPING HDWL CO#I I EA $ 2,200.00 1 $ 2,200.00 37 4'STACKED MH CON1 3 EA S 1,200.00 3 $ 3,600.00 Subtotal $ 925 441.95 Storm Drain Ratio far Arterial Streets 22% Storm Drain Subtotal $ Z03,59723 Street Lights and.Signs Item Total Eligible Description Usk Unit Prlee Amount No. Quantity Quantity 1 RDWY ILLUM FOUNDATION 24 EA $ 1,000.00 0 $ 2 FURNISH/INSTALL RDWY ILLUM 24 EA $ 1,200.00 0 $ 3 FURNISH/INSTALL TYPE 33B ARM 24 EA $ 150.00 0 $ 4 LED LIGHTING FIXTURE 24 EA $ 500.00 0 $ 5 2"CONDT PVC SCH 80 3,270 LF $ 5.00 0 $ 6 NO 10 INSULATED ELEC CONDR 9,810 LF $ 0.50 0 $ 7 RDWY ILLUM FOUNDATION 12 EA $ 1,150.00 12 $ 13,800-00 8 FURNISH/INSTALL RDWY ILLUM 12 EA $ 1,900.00 12 $ 22,800.00 9 FURNISH/INSTALL TYPE 33A ARM 12 EA $ 150.00 12 $ 1,800.00 10 LED LIGHTING FIXTURE 12 EA $ 62S.00 12 $ 7,500.00 11 2"CONOT PVC SCH80(T) 2,587 LF $ 5.00 2,587 $ 12,935.00 12 QUADPLEX ALUM ELEC CONDUCTOR 2,587 LF $ 2.50 2,587 $ 6,467.SO 13 FURNISH/INSTALL ELEC SERV PEDESTAL 120/240V 1 EA $ 5,000.00 1 $ 5,000.00 14 GROUND B OX TYPE B W/APRON 4 EA $ 400.00 4 $ 1,600.00 1 FURWINSTLL ALUM SIGN GROUND MOUNT TXDOT STD 37 EA $ 310.00 11 $ 3,410.00 2 FURNISH/INSTALL ALUM SIGN GROUND MOUNT CITY STD 52 EA $ 275.00 0 $ 3 15 MPH 8 EA $ 90.00 0 $ 4 ROAD ENDS 1 EA $ 90.00 0 $ 5 STOP SIGNS 11 EA $ 90-00 0 $ 6 STREET NAME BLADES 52 EA $ 50-00 0 $ 7 W1-IL 4 EA $ 90.00 0 $ 8 35 MPH 2 EA $ 90-0D 2 $ 180.00 9 DIVIDED ROAD 2 EA $ 90.00 2 $ 180.00 10 DO NOT PASS 2 EA $ 90.00 2 $ 180.00 11 SCHOOL CROS51NG ASSEMBLY 2 EA $ 90.D0 2 $ 180.00 12 SCHOOL SPEED LIMIT SIGN ASSEMBLY 2 EA $ 90,00 2 $ 180.00 13 SCHOOLZONEAHEAD 1 EA $ 90.00 1 $ 90.00 14 W1 R1 2 EA $ 90-00 0 $ Street Lights&Signs Subtotal $ 76,302.S0 Paving Subtotal $ 628,861.70 Storm Drain Subtotal $ 203,597.23 Street Li ht%&signs Subtotal $ 16,302.50 CONSTRUCTION SUBTOTAL $ 908,761.43 Other Eligible Items Description? Amount Lnginccrin ,Suiveyinp arid Material Testis 20% of Paving&Stotm Drain S 166,491.79 Net Credit Available $1,075,253.21 Transportation Impact Fee Credit Agreement-CA-19-008 Page 13 of 17 McPherson Village Updated 2/15/19 Arterial Contribution to Total Storm Water Flow Summer Creek Dr-CPPI 101259 Drainage Area Qam Drainage Area �0a Al 19.30 Development FMi 2.58 Arterial A2 22-08 Development FL1 2.91 Arterial C1 7.11 Development FKi 3.16 Arterial C2 16.04 Development FJ1 5.16 Arterial C3 19.30 Development Fli 5.82 Arterial C4 4-12 Development FH1 4.99 Arterial D1 5.03 Development Hi 2.83 Arterial D2 699 Development H2 2.16 Arterial D3 33.26 Development 11 5.82 Arterial El 6.84 Development 11 5.07 Arterial F1 12.46 Development Kl 3.16 Arterial F2 9-09 Development Ll 291 Arterial FM1 2.58 Arterial M1 2.58 Arterial FL1 2.91 Arterial TOTAL 49.15 = 220tY9a of total storm water runoff FKi 3.16 Arterial F11 5.16 Arterial F11 5.82 Arterial FH1 4.99 Arterial 61 12.46 Development 02 7.22 Development HI 2.83 Arterial H2 2.16 Arterial 11 5.82 Arterial Ji 5-07 Arterial Ki 3.16 Arterial K2 0.91 Development Li 2.91 Arterial M1 2.58 Arterial P1 1-87 Development X1 1.25 To existing system X2 4.99 To existing system X3 4.49 To existing system X4 1.83 To existing system X5 0.33 To existing system X6 4.01 To existing system X7 7.76 To existing system Zi 3.96 To existing system OS1 134.63 Drains off-site OS2 281.93 Drains off-site OS3 4.92 Drains off-site TOTAL 233.23 (Does not include off-site flow or to existing facilities) Transportation Impact Fee Credit Agreement-CA-19-008 Page 14 of 17 McPherson Village Updated 2/15/19 Right-of-Way Valuation for Summer Creek Rd METHOD 1- Percentage of 2017 TIP Project Cost 2017 Transportation Improvements Plan Project Y-37 Estimated Construction Costs from 2017 54,274,000.00 Transportation Improvements Plan Value of Total Project Right-of-Way(20%of $054,8, 0.00 Construction Cost) Total Project Length(LF) 4,3DD Arterial Cross-Section Width(LF) 110 Additional ROW needed for Roundabout(SF) 0 Total Project Right-of-Way(SF) 473,000 Right-of-Way Value Per Square Foot METHOD 2-Percentage of Actual Construction Costs Actual Construction Costs $908,761.43 Value of Total Project Right-of-Way(20%of $191,752.29 Construction Cost) Total Project Length(LF) 1,999 Arterial Cross-Section Width (LF) 55 Additional ROW needed for Roundabout(SF) G. Total Project Right-of-Way(5F) 109,941 Right-of-Way Value Per Square Foot $1.66 TAD Value as of 09/10/19 TAD Account 03983544 Total Area (SF) 2,914,599 Appraised Value $325,912.00 Value per Square Foot $0.12 Sumi-ner Creek Right-of-Way Dedication FP-17-041- Recorded as Instrument D219239223 Total area of ROW to be dedicated 98,730 sq ft Value per SF $1-91 Total Credit Available $ 175,701.30 Transportation Impact Fee Credit Agreement- CA-19-008 Page 15 of 17 McPherson Village Updated 2/15/19 Allocation of Credits 1. Initial Impact Fee Credit Recipients (45 lots): Block B, Lots 1-26; Block A, Lots 16-25; Block C, Lots 1-9 shall receive Impact Fee Credits of$3,750 per lot. 2. Second Impact Fee Credit Recipients (30 lots): Block B, Lots 27-37; Block C, Lots 10-18; Block D, Lots 1-10 at a rate of$3,750 per lot. 3. Remainder of Impact Fee Credits shall be allocated on first-come, first-serve basis to the remaining lots shown on the Development Plan. Graphic depiction on following page. Transportation Impact Fee Credit Agreement-CA-19-008 Page 16 of 17 McPherson Village Updated 2/15/19 �. K ? p F �xga -g�N W a F GIy=-•15;z2 OCKX2 W •� W�.�'Z P E; V e n 6 r�- a � g��A ZirWa F a gng f z 3> a I.Ini6al Impact Fes Credit a E1 F $ - Reclplents(45 lots):Block 8, d t Lots 1-26;Block A,Lois 16-25; a i a t 1d 8.4.k G,Lots 1-9 shall rca:i- ' Irrrpad Fee Credits et a rete of ------ $3,750 per lot. FS3 -- 2.Second Impact Fee Credit Redpienls(30 lots):Block B. Lots 27-37;Block G.Lots 10 1 B£' s 1-10 at a rate of � r k-- - �• - , f3,750 Per lot. hk J0.-`•�,iA<�i �+{,iyt/ .R' -� 1 �J I � 1����r�� 'Y Xi:���!' � �� r -��� ...i+l 3(�..1 e�k A}. Ssi•xi rvtw��•'.-1 ,1.,t.- .n..�l _._t5�.� I�' }� � '), 8 Z 'i .• t.r g b �'(YAkStDW?t I jI ,r ip4 f�FFCI. Alfa $i i f iih�@E9 S i 1y5 yF pj3 ' f�aK ie ni iiie@ii:1sis�;A pi s imtmo 4Fl m.Pf:— J M4 tl -\AYI #erte�l°p!3€$�st�t �saa I i yS1At3;'riSf16trliYsis:`s� s }}yy�gt tnmlclr��.{ k 0 t S � f' Rr:9' p ce itt Rilx;irtts� 4rf S� s"M•Izz,=» 72r fS�Sr€e't'SS�irEtt'iC-55��,ta�4 [[i � __ ��t��9t 3iX(i!i(� : 3ttitilirl4ii t!! £; Transportation Impact Fee Credit Agreement-CA-19-008 Page 17 of 17 McPherson Village Updated 2/15/19