HomeMy WebLinkAboutContract 57484 CSCO No.57484
TRANSPORTATION IMPACT FEE CREDIT AGREEMENT
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 LGI Homes — Texas, 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 57.665 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 illustrated
on the Development Plan, attached hereto as Exhibit "C" which identifies the on-site and 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 Z; and
WHEREAS,the City has determined the maximum transportation impact fees to be assessed
against new development within service area Z to be$3,706 per service unit(vehicle-miles of demand);
and
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 dedicated the right-of-way and constructed the transportation
improvements shown on Exhibit "D" for which credits against transportation impact fees shall be
granted; and
WHEREAS,the Owner has received preliminary plat approval for Logan Square,PP-18-077;
and
OFFICIAL RECORD
CITY SECRETARY
Transportation Impact Fee Credit Agreement-CA-21-005 Page 1 of 16
Logan Square FT. WORTH, TX Updated 2/23/2021
WHEREAS, the Owner has dedicated 70,681 square feet of right-of-way for Oak Grove
Shelby Road with FP-19-011, recorded as Instrument D221145064,May 21,2021;and
WHEREAS, the Owner has received approval for construction plans (IPRC19-0032) and
executed a Community Facilities Agreement(CFA1 9-006 1),and obtained final acceptance by the City
for Logan Square Phase 1, City Project Number 102077.
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 has dedicated the right-of-way, constructed,
and has received acceptance by the city for the system facilities identified as completed in 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 previously been issued, and the net value of
credits shown on Exhibit"E" shall be considered as exact.
4. Pha�sin . 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 term of this Agreement shall be ten (10) years from
its Effective Date.
Transportation Impact Fee Credit Agreement-CA-21-005 Page 2 of 16
Logan Square Updated 2/23/2021
7. Assignment. 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.
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-21-005 Page 3 of 16
Logan Square Updated 2/23/2021
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
LGI Homes—Texas,LLC
a Texas Limited Liability Company
Dana Burghdoff(Apr 25,20 8:05 PDT By: General Partner Name
Dana Burghdoff Its general partner
Assistant City Manager
Date: Apr 25, 2022
Elaine Torres,
Recommended By: Officer
DJ Harrel 21,2022 11:13 CDT)
DJ Harrell
Director,Development Services
Approved as to Form and Legality:
Mack(Apr 22,2022 10:26 CDT)
Douglas Black City Contract Compliance Manager:
Assistant City Attorney
M&C:None required By signing, I acknowledge that I am the person
Form 1295:None required responsible for the monitoring and
administration of this contract,including
ensuring all performance and reporting
ATTEST: 0R �4a requirements.
p�o °O�d
Tghhefe S. Goodall v o
JannetteS.Goodall(Apr27,202213:14 CDT) o T'10004C,70
0Jannette Goodall a °°°°°°°°o°°° p Mirian D. Spencer
City Secretary ��nEXAsoA Interim Planning Manager, Strategic Operations
Development Services Department
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Transportation Impact Fee Credit Agreement-CA-21-005 Page 4 of 16
Logan Square Updated 2/23/2021
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
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Logan Square Updated 2/23/2021
EXHIBIT A
Description of Property
METES AND BOUNDS
BEING A 122.147 ACRE TRACT OF LAND, SITUATED IN BLOCK 7 & 8 OF THE SHELBY COUNTY SCHOOL
LAND SURVEY, ABSTRACT 1375, CITY OF FORT WORTH,TARRANT COUNTY, TEXAS,AND BEING A PART
OF THAT TRACT OF LAND DESCRIBED IN A DEED TO CLEAR CREEK RESIDENTIAL PARTNERS, LP RECORDED
IN DOCUMENT NUMBER D206007157 OF THE OFFICIAL PUBLIC RECORDS OF TARRANT COUNTY, TEXAS,
WITH BEARINGS BASED ON THE TEXAS COORDINATE SYSTEM ESTABLISHED FOR THE NORTH CENTRAL
ZONE (4202) FROM THE NORTH AMERICAN DATUM OF 1983 NAD 83 (NA2011) EPOCH 2O10.00, SAID
TRACT BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING AT A 2-INCH ANGLE IRON FOUND (CONTROLLING MONUMENT) FOR THE NORTHWEST
CORNER OF SAID CLEAR CREEK TRACT AND THE NORTHEAST CORNER OF LOT THREE OF THE MRS.
MITTIE SCOTT TRACTS ADDITION, AN ADDITION TO TARRANT COUNTY ACCORDING TO THE PLAT FILED
OF RECORD IN VOLUME 388-D, PAGES 113 AND 114 OF THE PLAT RECORDS OF TARRANT COUNTY,
TEXAS, IN THE SOUTH LINE OF OAK GROVE SHELBY ROAD (POSTED)A VARIABLE WIDTH RIGHT OF WAY
ALSO KNOWN AS TARRANT COUNTY ROAD NUMBER 1098;
THENCE N 89°23'51" E, ALONG THE NORTH LINE OF SAID CLEAR CREEK TRACT AND THE SOUTH LINE OF
SAID OAK GROVE SHELBY ROAD, A DISTANCE OF 2,827.22 FEET TO A 1/2-INCH IRON ROD WITH PLASTIC
CAP STAMPED "LANDES&ASSOC." FOUND (CONTROLLING MONUMENT) FOR THE NORTHEAST CORNER
OF SAID CLEAR CREEK TRACT, SAME BEING THE NORTHWEST CORNER OF A REMAINDER TRACT
DESCRIBED IN A DEED TO SHELBY 161, LP RECORDED IN DOCUMENT NUMBER D204071600 OF SAID
OFFICIAL PUBLIC RECORDS;
THENCE S 00°33'21" E, DEPARTING SAID NORTH AND SOUTH LINES AND ALONG THE EAST LINE OF SAID
CLEAR CREEK TACT AND WEST LINE OF SAID SHELBY 161 REMAINDER TRACT,A DISTANCE OF 699.90
FEET TO A 1/2-INCH IRON ROD WITH PLASTIC CAP STAMPED "LANDES&ASSOC." FOUND (CONTROLLING
MONUMENT) FOR AN ELL CORNER OF SAID CLEAR CREEK TRACT SAME BEING THE SOUTHWEST CORNER
OF SAID SHELBY 161 REMAINDER TRACT;
THENCE N 89°23'36" E, CONTINUING ALONG THE EAST LINE OF SAID CLEAR CREEK TRACT SAME BEING
THE SOUTH LINE OF SAID SHELBY 161 REMAINDER TRACT, DISTANCE OF 302.91 FEET TO A 1/2-INCH
IRON ROD WITH PLASTIC CAP STAMPED "PAPE DAWSON" SET FOR AN ELL CORNER OF SAID CLEAR
CREEK TRACT SAME BEING THE SOUTHEAST CORNER OF SAID OF SAID SHELBY 161 REMAINDER TRACT
IN THE WEST LINE OF SOUTH RACE STREET(POSTED) A VARIABLE WIDTH RIGHT OF WAY ALSO KNOWN
AS TARRANT COUNTY ROAD NUMBER 1004;
THENCE S 00°33'15" E, DEPARTING THE SOUTH LINE OF SAID SHELBY 161 REMAINDER TRACT AND
CONTINUING ALONG THE EAST LINE OF SAID CLEAR CREEK TRACT, A DISTANCE OF 369.06 FEET TO A 1/2-
INCH IRON ROD WITH PLASTIC CAP STAMPED "PAPE DAWSON" SET FOR THE EASTERN MOST
NORTHEAST CORNER OF LOT 1, BLOCK 1 OF THE CLEAR CREEK ADDITION, AN ADDITION TO THE CITY OF
FORT WORTH, TARRANT COUNTY,TEXAS ACCORDING TO THE PLAT FILED OF RECORD IN DOCUMENT
NUMBER 210171526 OF SAID OFFICIAL PUBLIC RECORDS;
THENCE DEPARTING SAID EAST AND WEST LINES, OVER AND ACROSS SAID CLEAR CREEK TRACT AND
ALONG THE NORTH LINE OF SAID CLEAR CREEK ADDITION, THE FOLLOWING COURSES AND DISTANCES:
Transportation Impact Fee Credit Agreement-CA-21-005 Page 6 of 16
Logan Square Updated 2/23/2021
S 89°26'45" W, AD I STANCE OF 30.15 FEET TO A 1/2-INCH IRON ROD WITH PLASTIC CAP
STAMPED "PAPE DAWSON" SET FOR CORNER;
S 58°23'40" W, A DISTANCE OF 126.84 FEET TO A 1/2-INCH IRON ROD WITH PLASTIC CAP
STAMPED "PAPE DAWSON" SET FOR CORNER;
N 86°53'15 W, A DISTANCE OF 337.00 FEET TO A FOUND (CONTROLLING MONUMENT) 5/8-INCH
IRON ROD WITH CAP STAMPED "PATE" FOR THE BEGINNING OF A TANGENT CURVE TO THE
RIGHT;
NORTHWESTERLY, ALONG SAID TANGENT CURVE TO THE RIGHT, HAVING A RADIUS OF 635.00
FEET, A CENTRAL ANGLE OF 10°57'18", A CHORD BEARING AND DISTANCE OF N 81-24,37" W,
121.23 FEET, FOR AN ARC LENGTH OF 121.41 FEET TO A FOUND (CONTROLLING MONUMENT)
5/8-INCH IRON ROD WITH CAP STAMPED "PATE";
N 75°55'58" W, A DISTANCE OF 265.79 FEET TO A 1/2-INCH IRON ROD WITH PLASTIC CAP
STAMPED "PAPE DAWSON" SET FOR THE NORTHWEST CORNER OF SAID CLEAR CREEK ADDITION
AND THE BEGINNING OF A NON-TANGENT CURVE TO THE LEFT;
THENCE DEPARTING SAID NORTH LINE AND CONTINUING OVER AND ACROSS SAID CLEAR CREEK TRACT
THE FOLLOWING COURSES AND DISTANCES:
NORTHWESTERLY, ALONG A NON-TANGENT CURVE TO THE LEFT HAVING A RADIUS OF 495.35
FEET, A CENTRAL ANGLE OF 23°57'17", A CHORD BEARING AND DISTANCE OF N 77-01,38" W,
205.59 FEET, FOR AN ARC LENGTH OF 207.10 FEET TO A 1/2-INCH IRON ROD WITH PLASTIC CAP
STAMPED "PAPE DAWSON" SET FOR CORNER;
N 87°54'41" W, A DISTANCE OF 57.17 FEET TO A 1/2-INCH IRON ROD WITH PLASTIC CAP
STAMPED "PAPE DAWSON" SET FOR CORNER;
S 12°34'58" W, A DISTANCE OF 1,297.93 FEET TO A 1/2-INCH IRON ROD WITH PLASTIC CAP
STAMPED "PAPE DAWSON" SET FOR CORNER IN THE SOUTH LINE OF SAID CLEAR CREEK TRACT;
THENCE S 89°25'15" W, ALONG THE SOUTH LINE OF SAID CLEAR CREEK TRACT, A DISTANCE OF 1,731.96
FEET TO A 1/2-INCH IRON ROD WITH PLASTIC CAP STAMPED "PAPE DAWSON" SET NEAR A WOODEN
FENCE CORNER POST FOR SOUTHWEST CORNER OF SAID CLEAR CREEK TRACT SAME BEING AN INNER
ELL CORNER IN THE EAST LINE OF A TRACT OF LAND DESCRIBED IN A DEED TO EQUUS LAKE, LLC AS
RECORDED IN DOCUMENT NUMBER D217285783 OF SAID OFFICIAL PUBLIC RECORDS;
THENCE N 00°24'20" W,ALONG THE WEST LINE OF SAID CLEAR CREEK TRACT AND AN EAST LINE OF SAID
EQUUS LAKE TRACT, PASSING ATA DISTANCE OF 1,128.65 FEET A 1/2-INCH IRON ROD WITH CAP
STAMPED "H W COOMBS RPLS 5294" FOUND CONTROLLING MONUMENT FOR THE NORTHERN MOST
NORTHEAST CORNER OF SAID EQUUS LAKE TRACT AND THE SOUTHEAST CORNER OF TRACT 3 OF THE
MRS. MITTIE SCOTT TRACTS ADDITION, AN ADDITION TO THE CITY OF FORT WORTH ACCORDING TO THE
PLAT FILED OF RECORD IN VOLUME 388-D, PAGES 113 AND 114 OF THE PLAT RECORDS OF TARRANT
COUNTY,TEXAS,AND CONTINUING ALONG SAID WEST LINE AND THE EAST LINE OF SAID TRACT 3,A
TOTAL DISTANCE OF 2,237.83 FEET TO THE POINT OF BEGINNING, AND CONTAINING A CALCULATED
AREA OF 122.147 ACRES IN ACCORDANCE WITH A SURVEY MADE ON THE GROUND PREPARED UNDER
JOB NUMBER 70084-00 BY PAPE-DAWSON ENGINEERS, INC.
Transportation Impact Fee Credit Agreement-CA-21-005 Page 7 of 16
Logan Square Updated 2/23/2021
EXHIBIT B
Map of Property
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THIS DOCUMENT HAS BEEN PRODUCED FROM MATERIAL THAT WAS STORED AND/OR TRANSMITTED ELECTRONICALLY AND MAY HAVE BEEN
INADVERTENTLY ALTERED. RELY ONLY ON FINAL HARDCOPY MATERIALS BEARING THE CONSULTANT'S ORIGINAL SIGNATURE AND SEAL.
Transportation Impact Fee Credit Agreement-CA-21-005 Page 8 of 16
Logan Square Updated 2/23/2021
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EXHIBIT D
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Logan Square
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Eligible Improvements Limits
Oak Grove Shelby ROW Dedication (FP-19-011)
Oak Grove Shelby ROW Construction (CPN 102077)
MCPHERSON
NearMap
Transportation Impact Fee Credit Agreement-CA-21-005 Page 11 of 16
Logan Square Updated 2/23/2021
EXHIBIT E
Credits Against Transportation Impact Fees
Transportation Impact
Logan Square
Transportation Impact Fee Credit Overview
Value of ROW Dedication
Instrument# Plat Case# Eligible Arterial Value
D221145064 FP-19-011 Oak Grove Shelby Rd $ 131,465.73
Value of Capacity Added
City Project# Plat Case# Eligible Arterial Value
102077 FP-19-011 Oak Grove Shelby Rd $ 1,560,337.92
TOTAL TRANSPORTATION IMPACT FEE CREDIT $ 1,691,803.65
Existing Demand
Value
Number of Building Permits 49 $ 146,250.00
NET AVAILABLE TRANSPORTATION IMPACT FEE CREDIT $ 1,545,553.65
Transportation Impact Fee Credit Agreement-CA-21-005 Page 12 of 16
Logan Square Updated 2/23/2021
Right-of-Way Valuation for Logan Square
Valuation Method 1-Precentage of TIP Project Cost
Eligible Arterial Oak Grove Shelby Oak Grove Shelby
2017 Transportation Improvements Plan Project Z-8 Z-9
Number
Estimated Construction Costs from 2017 $3,098,000 $2,338,000
Transportation Improvements Plan
Value of Total Project Right-of-Way(20%of $619,600 $467,600
Construction Cost)
Total Project Length (LF) 3,035 2,290
Arterial Cross-Section Width (LF) 110 110
Additional ROW needed for Roundabout(SF) 0 0
Total Project Right-of-Way(SF) 333,850 251,900
Right-of-Way Value Per Square Foot $1.86 $1.86
Valuation Method 2-Precentage of Construction Project Cost
Eligible Arterial Oak Grove Shelby
CPN 102077 Construction Cost $1,300,282
Value of Total Project Right-of-Way(20%of $260,056
Construction Cost)
Total Project Length (LF) 2,827
Arterial Cross-Section Width (LF) 55
Total Project Right-of-Way(SF) 155,497
Right-of-Way Value Per Square Foot $1.68
Valuation Method 3-TAD appraised value
TAD Value as of 3/25/2021
TAD Account 42418591 4147626 6423604
Total Area (SF) 1,797,591 2,467,674 1,011,899
Appraised Value $719,039.00 $987,070.00 $404,750.00
Value per Square Foot $0.41 $0.41 $0.40
Right-of-Way Dedication
Oak Grove Shelby
Recording Instrument Number D221145064
Recording Date 5/20/2021
Total area of ROW dedicated 70,681
Value per SF $1.86
Credit $131,465.73
Right-of-way Dedication Crediti $131,465.73
Transportation Impact Fee Credit Agreement-CA-21-005 Page 13 of 16
Logan Square Updated 2/23/2021
Capacity Provided by Oak Grove Shelby Road Improvements CPN 102077
Paving
Item Completed Eligible
Description Unit Unit Price
No. Quantity Quantity Credit Available
1 REMOVE ASPHALT PVMT SY 4,390 4,390 $ 15.43 $ 67,737.70
2 UNCLASSIFIED EXCAVATION OAK GROVE SHELBY RD CY 3,800 3,800 $ 10.85 $ 41,230.00
3 HYDRATED LIME TN 1,060 190 $ 161.22 $ 30,631.80
4 6"LIME TREATMENT SY 60,503 8,614 $ 2.53 $ 21,793.42
7 7"CONIC PVMT CO A4 SY 16,220 7,927 $ 41.23 $ 326,830.21
8 4"CONCRETE SIDEWALK SF 33,803 27,130 $ 5.72 $ 155,183.60
10 1BARRIRE FREE RAMP,TYPE P-1 EA 32 1 4 1 $ 1,557.281 $ 6,229.12
11 4"SLID PVMT MARKING HAS(Y) LF 6,200 1 6,200 1 $ 1.501 $ 9,300.00
Paving Subtotal $ 658,935.85
Storm Drain
Item Completed Eligible
Description Unit Unit Price
No. Quantity Quantity Credit Available
2 TRENCH SAFETY LF 9,087 1 2,380 $ 0.30 $ 714.00
3 21"RCP CLASS III LF 924 221 $ 59.39 $ 13,125.19
4 24"RCP CLASS III LF 2,064 1,109 $ 67.80 $ 75,190.20
5 30"RCP CLASS III LF 725 172 $ 82.38 $ 14,169.36
6 36"RCP CLASS III LF 720 14 $ 114.89 $ 1,608.46
8 14X2 BOX CULVERT LF 32 32 $ 210.93 $ 6,749.76
9 4X3 BOX CULVERT LF 1,327 685 $ 223.49 $ 153,090.65
11 6X3 BOX CULVERT LF 602 34 $ 338.33 $ 11,503.22
13 8X3 BOX CULVERT LF 632 113 $ 454.92 $ 51,405.96
18 4'STORM JUNCTION BOX EA 17 4 $ 3,906.00 $ 15,624.00
19 5'STORM JUNCTION BOX EA 4 2 $ 4,557.00 $ 9,114.00
22 STORM JUNCTION STRUCTURE(8'X5'DROP INLET) EA 1 1 $ 13,950.00 $ 13,950.00
29 10'RECESSED INLET EA 7 7 $ 5,045.25 $ 35,316.75
30 4'DROP INLET EA 1 1 $ 4,340.00 $ 4,340.00
31 5'DROP INLET EA 5 4 $ 6,510.00 $ 26,040.00
38 REMOVE ASPHALT PVMT SY 2,560 2,560 $ 15.82 $ 40,499.20
Storm Drain Subtotal $ 472,440.75
Street Lights
Item Completed Eligible
Description Unit Unit Price
No. Quantity Quantity Credit Available
1 2'CONDUIT PVC SCHEDULE 80(T)(CO 131) LF 6,648 2,880 $ 10.25 $ 29,520.00
7 2"CONDUIT RM(RISER)(CO 131) LF 30 30 $ 50.00 $ 1,500.00
8 NO 2 INSULATED ELEC CONDR CO 131 LF 11,420 11,420 $ 4.50 $ 51,390.00
9 GROUND BOX TYPE B W/APRON(CO 131) EA 7 7 $ 850.00 $ 5,950.00
10 FURNISH/INSTALL TYPE 33A ARM(CO 131) EA 15 15 $ 450.00 $ 6,750.00
11 FURNISH/INSTALL 240-480 VOLT SINGLE PH TRANSOCKET EA 1 1 $ 6,500.00 $ 6,500.00
METERED PEDESTAL 131
12 FURNISH/INSTALL LED LIGHTING FIXTURE 133 WATT ATB2 EA 15 15 $ 650.00 $ 9,750.00
COBRAHEAD CO 131
13 RDWY ILLUM FOUNDATION TY 3,5,6,AND 8(CO 131) EA 15 15 $ 1,350.00 $ 20,250.00
14 FURNISH/INSTALL RDWAY ILUM TY 18 POLE CO 131 EA 15 15 $ 1,516.00 $ 22,740.00
15 2"PVC CONDUIT BORE FOR ONCOR AND STREET LS 1 1 $ 14,555.00 $ 14,555.00
LIGHTING CO 132
Street Lights Subtotal $ 168,905.00
Paving Subtotal $ 658,935.85
Storm Drain Subtotal $ 472,440.75
Street Lights Subtotal $ 168,905.00
CONSTRUCTION SUBTOTAL $ 1,300,281.60
Other Eligible Items
Description
Engineering,Surveying and Material Testing 20% of Construction Subtotal $ 260,056.32
Total Value of Capacity Provided $ 1,560,337.92
Transportation Impact Fee Credit Agreement-CA-21-005 Page 14 of 16
Logan Square Updated 2/23/2021
Existing Demand (Building Permits in Review) CPN 102269
Total Transportation Impact Fee Credit $1,691,803.65
Street Collection
Street Permit No.
No Rate Credit Available
1400 Sunkiss Dr. PB22-02523 $ 3,750.00 $1,688,053.65
1408 Sunkiss Dr. PB22-02525 $ 3,750.00 $1,684,303.65
1416 Sunkiss Dr. PB22-02526 $ 3,750.00 $1,680,553.65
1420 Sunkiss Dr. PB22-02527 $ 3,750.00 $1,676,803.65
1424 Sunkiss Dr. PB22-02528 $ 3,750.00 $1,673,053.65
1428 Sunkiss Dr. PB22-02530 $ 3,750.00 $1,669,303.65
1432 Sunkiss Dr. PB22-02531 $ 3,750.00 $1,665,553.65
1436 Sunkiss Dr. PB22-02532 $ 3,750.00 $1,661,803.65
1440 Sunkiss Dr. PB22-02533 $ 3,750.00 $1,658,053.65
1444 Sunkiss Dr. PB22-02534 $ 3,750.00 $1,654,303.65
1448 Sunkiss Dr. PB22-02536 $ 3,750.00 $1,650,553.65
1452 Sunkiss Dr. PB22-02538 $ 3,750.00 $1,646,803.65
1456 Sunkiss Dr. PB22-02539 $ 3,750.00 $1,643,053.65
1460 Sunkiss Dr. PB22-02541 $ 3,750.00 $1,639,303.65
1464 Sunkiss Dr. PB22-02542 $ 3,750.00 $1,635,553.65
9745 Dan Meyer Dr PB22-02544 $ 3,750.00 $1,631,803.65
9749 Dan Meyer Dr PB22-02545 $ 3,750.00 $1,628,053.65
9753 Dan Meyer Dr PB22-02546 $ 3,750.00 $1,624,303.65
9757 Dan Meyer Dr PB22-02547 $ 3,750.00 $1,620,553.65
9801 Dan Meyer Dr PB22-02548 $ 3,750.00 $1,616,803.65
9805 Dan Meyer Dr PB22-02549 $ 3,750.00 $1,613,053.65
9729 Dan Meyer Dr PB22-02551 $ 3,750.00 $1,609,303.65
9733 Dan Meyer Dr PB22-02552 $ 3,750.00 $1,605,553.65
9737 Dan Meyer Dr PB22-02553 $ 3,750.00 $1,601,803.65
1444 Harvester Dr PB22-02522 $ 3,750.00 $1,598,053.65
9700 Teton Vista Dr PB22-03245 $ 3,750.00 $1,594,303.65
9704 Teton Vista Dr PB22-03246 $ 3,750.00 $1,590,553.65
9708 Teton Vista Dr PB22-03248 $ 3,750.00 $1,586,803.65
9712 Teton Vista Dr PB22-03249 $ 3,750.00 $1,583,053.65
9716 Teton Vista Dr PB22-03250 $ 3,750.00 $1,579,303.65
3720 Teton Vista Dr PB22-03251 $ 3,750.00 $1,575,553.65
9724 Teton Vista Dr PB22-03305 $ 3,750.00 $1,571,803.65
9728 Teton Vista Dr PB22-03306 $ 3,750.00 $1,568,053.65
9732 Teton Vista Dr PB22-03307 $ 3,750.00 $1,564,303.65
1465 Sunkiss Dr. PB22-03308 $ 3,750.00 $1,560,553.65
1461 Sunkiss Dr. PB22-03309 $ 3,750.00 $1,556,803.65
1457 Sunkiss Dr. PB22-03310 $ 3,750.00 $1,553,053.65
1449 Sunkiss Dr. PB22-03311 $ 3,750.00 $1,549,303.65
1445 Sunkiss Dr. PB22-03312 $ 3,750.00 $1,545,553.65
Credit Remaining $ 1,545,553.65
Existing Demand $146,250.00
Transportation Impact Fee Credit Agreement-CA-21-005 Page 15 of 16
Logan Square Updated 2/23/2021
EXHIBIT F
Allocation of Credits
Transportation impact fee credits will be granted on a first-come/first-
served basis within the boundaries of PP-18-077
Signature: ?",/P
Email: Ronald.Gonzales@fortworthtexas.gov
Transportation Impact Fee Credit Agreement-CA-21-005 Page 16 of 16
Logan Square Updated 2/23/2021