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Home My WebLink AboutContract 40606COMMUNITY FACILITIES AGREEMENT CITY PARTICIPATION THE STATE OF TEXAS § City Secretary COUNTY OF TARRANT § Contract No. WHEREAS, the undersigned "Developer" desires to make certain improvements (refer to the name of the project at the bottom of the page) an addition to the City of Fort Worth, Texas; and WHEREAS, the said Developer has requested the City of Fort Worth, ahome-rule municipal corporation situated in Tarrant, Denton, Parker, and Wise Counties, Texas, hereinafter called "City", to do certain work in connection with said improvements. Developer: Name (Please print): L. Russell Laughlin Title: Senior Vice President Company: Hillwood Alliance Services, LLC Project Name: North Riverside Drive — Heritage Trace Parkway to Dalton Road Project Location: Streets: Heritage Trace Parkway and Old Denton Road Mapsco: 21 Y Council District: 2 DOE: 6503, 6494 City Project No. 01550 OFFICIAL. REC®R® SECRETARY nrd cfa final 2010 06 28.docx 4PriAIyqd: 6/28/2010 1�2:0(�VIwORTH, Ti NOW, THEREFORE, KNOW ALL BY THESE PRESENTS: 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 and subsequently amended from time to time via a Mayor and Council Communication adopted by the City Council of the City of Fort Worth, is hereby incorporated into this Community Facilities Agreement ("CFA") 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 infrastructure. Developer further acknowledges that said process requires it to submit an Affidavit of Bills paid signed by its contractor and Consent of Surety signed by its surety to ensure the contractor has paid the sub -contractor and suppliers in full. Additionally, the contractor will provide in writing that the contractor has been paid in full for all the services provided under this 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) Sewer (A4) . ; Paving (B) . ; Storm Drain (B4)_. ; Street Lights & Signs (C) m•d cfa final 2010 06 28.docx 2 Printed: 6/28/2010 12:00 PM F The Developer shall award all contracts for the construction of community facilities in accordance with Section II, paragraph 7 of the Policy and the contracts for the construction of the public infrastructure shall be administered in conformance with paragraph 8, Section Il, of the Policy. For all infrastructure 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 insured, licensed and bonded to do work in public streets and/or prequalified 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 infrastructure, and a maintenance bond in the name of the City for one hundred percent (100%) of the contract price of the infrastructure for a period of two (2) years 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. 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 ACORD Certificate of Insurance supplied by the contractor's insurance provider and bound in the construction contract book. nrd cfa final 2010 06 28.docx 3 Printed: 6/28/2010 12:00 PM iv. To require its contractor to give 46 liours notice to the City's Construction Services Division of intent to commence construction so that City inspection personnel will be available; and to require the contractor to allow the construction to be subject to inspection at any and all times by City inspection forces, and not to 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 to schedule aPre-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 agrees to provide, per the Cost Summary Table attached, all engineering drawings and documents necessary to construct the improvements required by this Agreement. H. Developer shall cause the installation or adjustment of the required utilities to serve the development or to construct the improvements required herein. I. Developer will execute all necessary agreements with the overhead utilities for the City -requested underground relocation of the overhead utilities. The City will reimburse the Developer for the costs of underground relocation of said overhead utilities. J. 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. Notwithstanding Rights of Way credits applied toward future transportation impact fees in accordance with Ordinance No. 18083, 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, ird cfa final 2010 06 28.docx 4 Printed: 6/28/2010 12:00 PM 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 iniuries, 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. 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 iniuries, 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 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 and shall cause to be executed and delivered to the City an indemnity agreement from such contractors on a form to be promulgated by the City. nrd cfa final 2010 06 28.docx 5 Printed: 6/28/2010 12:00 PM N. Upon completion of all work associated with the construction of the infrastructure and 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 contact. P. COMPLETION WITHIN 2 YEARS i. The City's obligation to participate (exclusive of front foot charges) in the cost of the community facilities shall terminate if the facilities are not completed within two (2) years; provided, however, if construction of the community facilities has started within the two year period, the developer may request that the CFA be extended for one year. If the community facilities are not completed within such extension period, there will be no further obligation of the City to participate. City participation in a CFA shall be subject to the availability of City funds and approval by the Fort Worth City Council. 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. rd da final 2010 06 28.doex 6 Printed: 6/28/2010 12:00 PM iii. The City may utilize the Developer's financial guarantee submitted for this Agreement to cause the completion of the construction of the community facilities if at the end of two (2) years from the date of this Agreement the community facilities have not been completed and accepted. iv. The City may uze the Developer's financial guarantee to cause the completion of the construction of the community facilities 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. Q. REIMBURSEMENT Once every thirty (30) days, Developer may submit a written request for partial payments accompanied by copies of the invoices from Developer's contractors to the Director of the Department of Transportation and Public Works ("Director"). The Director or his/her designee shall have ten (10) business days to review each partial pay request submitted by Developer and to contest any disputed amount in writing. If no contest is made within ten (10) business days of receipt of a partial pay request, the request shall be deemed approved. If the Director or his/her designee timely and reasonably objects to any portion of the partial payment request, then a written objection shall be delivered to Developer during the review period. The written notice shall set forth objections in reasonable detail. The undisputed portion of the partial payment request shall be paid within thirty (30) days of receipt of the partialpayment request. Developer shall. exercise good faith. efforts to cure . the objectionable items to the City's reasonable satisfaction, and the process set forth above shall be repeated until the payment request is completely approved and fully paid. In no event shall the City's participation under this Agreement exceed $2,179,862.35. m•d cfa final 2010 06 28.docx 7 Printed: 6/28/2010 12:00 PM COST SUMMARY TABLE Item Developer Cost City Cost Total Cost A. Construction 1. Paving $ 373,200.78 $ 6961062017 $ 1,0695262.95 2. Storm Drainage $ 580,113.49 $ 2045698055 $ 784,812.04 3. Street Lights $ 505284000 $ 935785042 $ 144,069.42 4. Street Signs $ 11000000 $ 1,000.00 $ 25000400 Inspection (4%) $ 405183093 $ 39,821.85 $ 80,005.78 Materials Testing (2%) $ 205091.97 $ 19,910.92 $ 40,002.89 5. Water $ 31,390.67 $ - $ 31,390.67 6. Sanitary Sewer $ 105542961 $ - $ 10,542.61 Inspection (2%) $ 838.67 $ - $ 838.67 Materials Testing (2%) $ 838.67 $ - $ 838.67 Mitigation $ 15008.00 $ - $ 150,888.00 Landscaping $ 611353058 $ 378,504.01 $ 4395857658 Signals $ - $ 296020.25 $ 296,120.25 Utility Relocation $ - $ 2233962063 $ 223,962.63 Engineering $ 121690,45 $ 225,996055 $ 347,687.00 Total $ 1,442,416.79 $ 251795862.35 $ 356225279.14 Right of Way $ 113095815000 $ - $ 1,309,815.00 Grand Total $ 2,7529231,79 $ 2917991I62,35 $ 49932,094.14 Note: 1. City's total cost is capped at $2,179,862.35 on a cumulative basis. Individual line items may vary provided that the Grand Total does not exceed the $2,179,862.35. 2. Right of Way value is to be credited to developer to the extent allowed by Ordinance No. 180830 nrd cfa final 2010 06 28.docx 8 Printed: 6/28/2010 12:00 PM The Checked Must be Included as Attachments to this Agreement Included Attaclunent ❑ Location Map ❑ Exhibit A: Water Improvements ❑ Water Estimate ❑ Exhibit A.1: Sewer Improvements ❑ Sewer Estimate ❑ Exhibit B: Paving Improvements ❑ Paving Estimate ❑ Exhibit 13-1: Storm Drain Improvements ❑ Storm Drain Estimate ❑ Exhibit C: Street Lights and Signs Improvements ❑ Street Lights and Signs Estimate nrd cfa final 2010 06 28.docx 9 Printed: 6/28/2010 12:00 PM IN TESTIMONY WHEREOF, the City of Fort Worth has caused this instrument to be executed in quadruplicate in its naive and on its behalf by its Assistant City Manager, attested by its City Secretary, with the corporate seal of the City affixed, and said Developer has executed this instrument in quadruplicate, at Fort Worth, Texas this C11`1i1 day of , 2010. CITY OF FORT WORTH Fernando Costa Assistant City Manager Recommended by: Transportation &Public Works Department William A. Vevicest, P.E. Director Water Deparhnent Wendy Chi-B lal, EMBA, P.E. Water Development Engineering Manager Approved as to Fonn Amy J. Ramsey Assistant City Attorney ATTEST: Marty Hendrix City Secretary DEVELOPER Hillwood Alliance Services, LLC A Texas limited liability company By: Hillwood Development Company, LLC a Texas limited liability company, 'its manaainR member By: Naine: L. Aussell Title: Senior Vice Contract t1oll Dates OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX nrd cfa fina12010 06 28.doc iLl' Printed: 6/28/2010 10:29 AM GRAPEY fNE LAKE WISE CO. _.DENTON C0.__. 1 TARRANT CO. EACLE MOUNTAIN LAKE LAKE WORTR [ PROJECT LOCATION 30 FORT WORTH ez0 BENBROOK LAKE LOCATION MAP NORTH RIVERSIDE DRIVE STA 36 + 05.00 TO STA 48 + 43.15 OGN=g�\job\ 014000003\civ\N Riverside Dr PH I\ nrdlccfo.dgn DFW N07 TO SCALE "JACOBS Carter Burgess 777 AWN STREET, P.O. 80R 901058 FORT WORTH, IM 76101-2058 PHONE: 017.735.6000, FAX: 017.73S.61.18 PROJECT N0. 01 4000v 003* 003v 0630 PAGE I OF 6 AIL IIJVE9Tl.1ENT, L.P. TRACT 13 TC VOL I4315 PG 56 AIL ItJVESTA4EIJT, L.P. VOL. 1431 5, PG. 59 LEGEND PROP, WATER LINE PROP, GATE VALVE 1�--- PROP, FIRE HYDRANT T EXIST, WATER LINE --- ---- 00 1 Do N �xlracE Tz ycE P SCALE-]" = 3 0 0 a�j`�HRse1H a _�- P- s� \]/1-1/2"IRR AFIRE HYp I/ HERITAGE ADDITION PHASE -1 I140 SECTION-3B TC CAB SLIDE CITI' OF FORT YlORTH D209234715 10"DRY WATER LINE RY WdTEY2 L I NE I I BETTE PEROT ELEMENTARY CITY OF FORT WORTH D209234715 HERITAGE ADDITION PHASE IIA, SECTION 2 TC CAB A'. SLIDE 7086 WATE R EXHIBIT 'A' NORTH RIVERSIDE DRIVE STA 36 + 05.00 TO STA 48 PHASE 1 [IR EXIST, GATE VALVE ®JACOBS Carter Burgess 777 hVJN STREET, P.O. BOX 901058 FORT WORTH, TEXAS 76101-2056 PHONE: 817.735.6000, FAX: 817,735,6148 PROJECT NO. 014000* 003o 003* 0630 PAGE 2 OF 6 a DO 0 _ HERITAGE 'TRACE PKWY. .nU I14 I 7 HERITAGE ^OGITION / PKASE-'ri:A',' SECTI.Os;38 :Tc CAE) SLIDE Clir 01 `\ )iTT WOR't!i a AIL INVESYµENT, L.P. TRACT 13 iC V0L 1d315 PC 56 l;IL 1.'IvE5Th1.EN7, L.?. LEGEND PROP. SANITARY SEWER PROP. MANHOLE 1-12"PL XI(ZT E. SANITARY SEWER ------- EX I ST. MANHOLE---0--- LIMITS OF PROJECT ------- PROPOSED SEWER LINES ARE 8" UNLESS OTHERWISE INDICATED BETTE PEROT EIEMENTkRY �HER7 TAiiE ADDITION P.NASE ;1A, 56CTi0N 2 .7C C'AB n:5L10E 7086 SCALE0 SANITARY SEWER EXHIBIT 'A' NORTH RIVERSIDE DRIVE STA 36 + 05.00 TO STA 48 PHASE 1 [U* JACOBS Carter Burgess I77 M4N STREET, P.O. BOX 701058 FORT WORTH, TEXAS 76101-2058 PHONE: 817.735 60000 FAX: 817,735.6148 PROJECT N0. 014000., 0039 003. 0630 DGN=g1\job\ 014000003\c(v\N Riverside Dr PH 1\ nrdlccfio.dgn PAGE 3 OF 6 HER17 ACE TRACE PK W Y. ,.�tU6'Tt1t/ 7 7 NERiTAGE k001iItjN .. pHttSE, f 1:471SECT 1(3t1 w :TC CAB SLIDE att INVES1MENr, L.P. TRACT 13 TC VOL 14315 PG 56 SETTS pEROT ELEMENTARY C11v Of x / FORT WORTH 0209234715 �I z 1 1 J Q HERI TAGS AOOITION .i P,NASE IIA, SECTION 2 •TC CAB A: SL I OE 7066 AIL ItIVESTMENT, L.P. VOL. i 4315, PG. 59 LEGEND PROP. PAVEMENT/ 1 t 3' ROW PAVEMENT REMOVAL EXIST PAVEMENT 70 REMAIN PROPERTY BOUNDARIES PROPOSED SIDEWALKS SCALE= 1" = 300' STREETS EXHIBIT NORTH RIVERSIDE DRIVE STA 36 + 05.00 TO STA 48 " ®JACOBS Carter Burgess 777 MNN STREET, P.D. 80% 901058 FORT WORTH, TEXAS 76101-2058 PHONF: 817.735.6000, FAX: 817.735.6148 PROJECT N0. 014000, 003, 003. 0630 DGN=go�job� 014000003�civ�N Riverside Dr PH 1� nrdiccf0.dgn PAGE 4 OF 6 HER---_i_TAG'�-.TR CE p mNb HERITAGE FV �N CE PKWy wm `\ (4 FARA4LEL Wt- WALL 21 1'0'- ReC 'URB �TNL• Z At[:EOki all I 41 I --..---" '- iLm 10' REC CURB INLETS—. W/ 21" LAT AtL INVESTAIENto C.P. 21„ TRACT TC VOL 14315 PG 56 2111 CONNECT TO —� EXIST 48"RCP I AI WI ix to y o) QI O All (NVLS TMEhJi, L. P, vOL,1.3iS,PG.55 LEGEND PROP. STORM DRAIN LINE PROP. INLET PROP. MANHOLE PROP. HEADWALL EXIST. STORM DRAIN LINE LIMITS OF PROJECT PJ � 656� b 2 - 6HEs1iTAGE AO"OITi%zi: .. aHASE 11:4, SECTION 36 : TC CAB SL I OE ST A, � M9C yX 1 ST 4 "RCP I CITY OF FORT'WORTH / 07053/34`15 J I T BE7iE PEROT ECEMENTAFY ' HEk'1 TAGS A001 T I ON P,HA5E IIA, SECTION 2 �C GnR A:Sl10E 708Fi SCALE: 1" = 300') EXHIBIT 'C' NORTH RIVERSIDE DRIVE STA 36 + 05.O0 TO STA 48 PHASE 1 n'JACOBS Carter Burgess 777 AVJN STREET, P.0. 807f 901058 FORT K'ORTH, TEXAS 76101-2058 PHONE: 817.735.6000. FAX: 817.735.6148 PROJECT N0. 014000.003.003.0630 DGN=q\job\ 019000003\ciNor \N Riverside Dr PH I\ nrdlccfio.dgn PAGE 5 Of 6 •.ncsE TRgCE PKIVY,� Cl � y OL< q TM1 �Y Of s� o z I L{ : ALE i0Y'? i ch➢g¢t_ O C (1T f•i 8LGCX 4 - m Lwb PROPOSED STREET — LIGHT I TYP) AIL INVESWENI. L.P. TRACT 13 TC VOL 14315 PG 56 PROPOSED STREET ---- LIGHT CONDUIT ITYPI ap t`'SLjJI` w 1C � Elf✓ f.JTY PF JRT ieDRTH 4715 HERITAGE --�TRA� PRIVY, !+ER, TALE AOD1'Joc " PHASE" J4rt., 'Szcf ION-36 ;TC CAB SCIQE 1 PROPOSED PULL BOX ( ' ( TYP) ' z oI ) / / 1 t3ETTE PEROT h 1 ELENEN7 ARY W If a C I I I OF 2I FORT WORTH O2e?134T15 2I HERITAGE ADO ITION O PHASE ILA, S6CT ION TC CAB A:SLIRE 7086 AIL If1VESTIJENT, L. P, VOL. ta315,FIG, 5" LEGEND PROP DOUBLE STREET LIGHT PROP STREET LIGHT CONDUIT PROP PULL BOX LIMITS OF PROJECT SCALE: 1" = 300'I STREET LIGHTS EXHIBIT NORTH RIVERSIDE DRIVE STA 36 + 05.00 TO STA 48 PHASE 1 �'JACOBS Carter Burgess 777 IMIN STREET, P.O. BOX R01058 FORT WORTH, TEXAS 76101-2058 PHONE: 817.735.6000, FAY: 817.735.6148 PROJECT N0. 014000w 003. 003. 063O =g1\Job\ 014000003\civ\N Riverside Dr PH 1\ nrdtccfa.dgn f�LLA�:iil;::l Page 1 of 3 • • • • . • • • • �� w. T . - .� � � _ � .r � - - - � �� COUNCIL ACTION: Approved on 6/22/2010 -Ord. No. 19203-06-2010 �� a .�W. - - � _. _ v ._ .. , _ _ DATE: Tuesday, June 22, 2010 LOG NAME: 06NORTHRIVERSIDEDRIVE REFERENCE NO.: C-24299 SUBJECT: Authorize the Execution of a Community Facilities Agreement with Hillwood Alliance Services, LLC with City Participation Not to Exceed $2,200,000.00 for the Construction of North Riverside Drive from South of Heritage Trace Parkway to Just South of Dalton Road and Authorize an Inter -Fund Loan and Adopt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Authorize anon -interest bearing inter -fund loan from the General Fund to the Specially Funded Capital Projects Fund in the amount of $2,200,000.00 for interim financing for the construction of North Riverside Drive from south of Heritage Trace Parkway to just south of Dalton Road, to be reimbursed over a two-year period from proceeds collected from the Tax Increment Financing District Number 7; 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund by $2,200,000.00 from available funds; and 3. Authorize the City Manager to execute a Community Facilities Agreement with Hillwood Alliance Services, LLC, with City participation in an amount not to exceed $2,200,000; and 4. Waive the limitation of Section II, Paragraph 11 of the Policy for the Installation of Community Facilities that limits City participation and recommend City participation in accordance with Local Government Code 212.072 and the Unit Price Ordinance No. 14552 and No. 17967-002-2008, as amended. DISCUSSION: North Riverside Drive is classified as a major arterial per the City of Fort Worth Master Thoroughfare Plan. The Developer Hillwood Alliance Services, LLC and the City of Fort Worth will share the cost of this project as reflected by the table below. The estimated total cost of the improvements and related support services, including construction, engineering, surveying and inspection is estimated to be $3,622,279.14. The Developer desires to make certain street, storm drainage, street sign and street light improvements to North Riverside Drive from south of Heritage Trace Parkway to just south of Dalton Road. The Developer also desires to help fund construction of the project by donating the right-of-way for Old Denton Road in exchange for Transportation Impact Fee credits, as permitted under the Transportation Impact Fee Ordinance No. 18083 adopted May 13, 2008, effective July 1, 2008. Staff recommends participation with the Developer to build the roadway from south of Heritage Trace Parkway to just south of Dalton Road, including the oversizing of the community facilities. Staff requests a waiver of the Policy for the Installation of Community Facilities which states that City participation may not exceed 30 percent in a Community Facilities Agreement (CFA). In accordance with state law, the City will participate at a level of 25 percent for the required facilities and 100 percent for the oversizing. The City of Fort Worth would like to have this portion of North Riverside completed as soon as possible because of the significant need in this area. Based on unit prices from Ordinance No. 14552 and No. 17967, as amended and the project estimate of quantities, it has been determined that the City's participation shall not exceed $2,200,000.00. http://apps.cfwnet.org/ecounciUprintmc.asp?id=13677&print=true&DocType=Print 07/01/2010 Page 2 of 3 The summary of costs associated with North Riverside Drive are as follows: Item A. Construction 1. Paving 2. Storm Drainage 3. Street Lights 4. Street Signs Inspection (4 percent) Materials Testing (2 percent) 5. Water 6. Sanitary Sewer Inspection (2 percent) Materials Testing (2 percent) Mitigation Landscaping Signals Utility Relocation Engineering Total Right of Way Grand Total Developer Cost City Cost Total Cost $ 373,200.78 $ 696,062.17 $ 1,069,262.95 $ 580,113.49 $ 204,698.55 $ 784,812.04 $ 50,284.00 $ 93,785.42 $ 144,069.42 $ 1,000.00 $ 1,000.00 $ 2,000.00 $ 40,183.93 $ 39,821.85 $ 80,005.78 $ 20,091.97 $ 19,910.92 $ 40,002.89 $ 31,390.67 $ - $ 31,390.67 $ 10,542.61 $ - $ 10,542.61 $ 838.67 $ - $ 838.67 $ 838.67 $ - $ 838.67 $ 150,888.00 $ - $ 150,888.00 $ 61,353.58 $ 378,504.01 $ 439,857.58 $ - $ 296,120.25 $ 296,120.25 $ - $ 223,962.63 $ 223,962.63 $ 121,690.45 $ 225,996.55 $ 347,687.00 $ 1,442,416.79 $ 2,179,862.35 $ 3,622,279.14 $ 1,309,815.00 $ - _ $ 1,309,815.00 $ 2,752,231.79 $ 2,179,862.35 $ 3,622,279.14 Construction plans have been prepared by Jacobs Engineering, Inc., and are being reviewed by the City of Fort Worth, Department of Transportation and Public Works. The developer will obtain construction bids for the proposed work and the work will be authorized to begin with the approval of this CFA. This project is located in COUNCIL DISTRICT 2, Mapsco 21Y. FISCAL INFORMATION /CERTIFICATION: The Financial Management Services Director certifies upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of the Specially Funded Capital Projects Fund. Upon receipt of funds from the TIF, the interim inter -fund loan will be returned to the General Fund. FUND CENTERS: TO Fund/Account/Centers C291 220001 002230155000 C291 488087 202230155080 C291 541600 202230155080 FROM Fund/Account/Centers $2,200.000.00 GG01 136291 0000000 $2,200,000.00 C291 541600 202230155080 $2,200,000.00 CERTIFICATIONS: Submitted for City Manager's Office bv• Originating Department Head• Fernando Costa (6122) Susan Alanis (8180) $2,200,000.00 $2,200,000.00 http://apps.cfwnet.org/ecounciUprintmc.asp?id=13677&print=true&DocType=Print 07/O1/2010 Page 3 of 3 Additional Information Contact: Jana Knight (2025) ATTACHMENTS 1. 06NORTHRIVERSIDEDRIVE AO.doc (Public) 2. Hillwood TIF7 Resolution and Agreement.pdf (Public) 3. Location Map - 06NORTHRIVERSIDEDRIVE.pdf (Public) http://apps.cfwnet.org/ecounciUprintmc.asp?id=13677&print=true&DocType=Print 07/Ol/2010