HomeMy WebLinkAboutContract 51302 CITY SECRETARY
CONTRACT N0. S O
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 D.R. Horton-TEXAS, LTD., a Texas limited partnership
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 242.573 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
Development Plan identifies the intended land uses in relation to the layout of 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, Ordinance No. 18083, under which
charges ("impact fees") are imposed on new development for transportation facilities
serving the development and which are identified within the City's adopted
transportation improvements plan; and
WHEREAS, transportation impact fees must be collected and spent within the
service area(s) in which the new development is located; and
WHEREAS,the Property is located within service area S; and
WHEREAS, the transportation facilities shown on the Development Plan are
identified within the City's adopted transportation improvements plan; and
WHEREAS,Ordinance No. 18083 Section 1-15 provides for credits against impact
fees for dedication or construction of transportation improvements shown on the
adopted transportation improvements plan; and
OFFICIAL RECORD
CITY SECRETARY
FT.WORTH,TX
CREDIT AGREEMENT-CA-18-007 8
Chapel Creek
WHEREAS, Owner has submitted a final plat to the City for approval, for which
the dedication of the transportation improvements shown on the Development Plan will
be complete; and
WHEREAS, based on the anticipated traffic impacts from the development, the
City and Owner contemplate the necessity for the construction of system facilities,which
must be credited against transportation impact fees otherwise due;and
WHEREAS, the City, in accordance with Chapter 395, has determined the
maximum transportation impact fees to be charged against new development within
service area S to be $2,984 per service unit(vehicle-mile of demand); and
WHEREAS, the Owner has received the following preliminary plat approval:
Chapel Creek, PP-16-077; and
WHEREAS, the Owner has dedicated 22,448 square feet of right-of-way for
eligible arterial, Amber Ridge Dr:
Recorded as Instrument D218113596, recorded May 25, 2018;and
WHEREAS, the Owner has received approval for construction plans, executed
Community Facilities Agreements, dedicated rights-of-way, constructed roadway
improvements, and obtained City acceptance of the improvements for the following:
Chapel Creek Phase 1,City Project 100814, Plans File No. W-2460.
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 construct the system facilities identified in Exhibit"D",which is attached hereto
and incorporated herein by reference. For any transportation improvement which has
been 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"
CREDIT AGREEMENT-CA-18-007 Page 2 of 18
Chapel Creek
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. Phasing. The Parties acknowledge that, where it is anticipated that the
project shall 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 given shall either be guaranteed through an executed Community Facilities
Agreement or approved and accepted by the City. 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 Parties have entered into a Community Facilities Agreement for
the dedication or construction of the system facility;
(b) The number of credits resulting from such improvement has been
valued;and
(c) 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.
(d) To the extent that any credit balance remains after allocation of
credits this Agreement may be amended to allocate such unused credits to subsequent
phases of the development.
6. Proportionality. Owner agrees that the obligation to dedicate and
construct improvements to serve the development shown on the Concept Plan, as
provided in section 2 of this Agreement, and the credits against transportation impact
fees attributed to such contributions and generally allocated to phases of the
development herein, are roughly proportionate to the nature and extent of the
development shown on the Concept Plan.
CREDIT AGREEMENT-CA-18-007 Page 3 of 18
Chapel Creek
7. Term and Effective Date. The initial term of this Agreement shall be ten
(10) years from its Effective Date, in accordance with Ordinance No. 18083, which shall
be the date on which the last party executes the Agreement.
8. 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.
9. 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.
10. 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)
CREDIT AGREEMENT-CA-18-007 Page 4 of 18
Chapel Creek
IN WITNESS WHEREOF, the undersigned parties have executed this Agreement as of
the,- day of _ r 018.
CITY OF FORT WORTH,TEXAS OWNER
D.R. Horton-TEXAS,LTD.
a Texas limited partnership
By: D.R. Horton,Inc.
Jesus J. Chapa Its authorized agent
Assistant City Manager
Recommended By:
Benjamin M. Clark
Assistant Vice President
4Randle od
Director,Planning and Development
Approved as to Form and Legality:
M&C:
w4L
1295:_I_____
Douglas Black
Assistant City Attorney
M&C:None required City Contract Compliance Manager:
Form 1295:None required
By signing, I acknowledge that I am the
ATTEST: person responsible for the monitoring and
administration of this contract, including
ensuring all performance and reporting
requirements.
MaUJdry se
City Secretary J lie Westerman
"•�p. Graduate Engineer
OWNER OFFICIAL RECORD
CITY SECRETARY
CREDIT AGREEMENT-CA-18-007 FT.WORTH, I age 5 of 18
Chapel Creek
EXHIBIT LIST
"A" Description of the Property
"B" Map of Property
"C" Development Plan
"D" Transportation Improvements
"E" Credits Against Transportation Impact Fees
"F" Allocation of Credits
CREDIT AGREEMENT-CA-18-007 Page 6 of 18
Chapel Creek
EXHIBIT A
Description of Property
METES AND BOUNDS DESCRIPTION:
Being a tract of land situated in the B.B.B.&C.RR Company Survey,Abstract No.219 and the H.Covington Survey,Abstract No.256
in the City of Fort Worth,Tarrant County,Texas,said tract of land being all of that certain tract of land described to Texas Amigos,
LLC by instrument recorded in Instrument No. D211314253 Deed Records of Tarrant County,Texas(DRTCT),and being all of that
certain tract of land described to Academy Partners, Ltd.by instrument recorded in Instrument No.D207192943, DRTCT and being
all of that certain tract of land described to Westpark Partners, Ltd.by instrument recorded in Instrument No.D202365164, DRTCT,
said tract of land being more particularly described by metes and bounds as follows:
BEGINNING at a 5/8-inch iron rod found with cap stamped"W.W.Ward RPLS 2014"at the northwest corner of said Texas Amigos
tract and also being at the intersection of the easterly right-of-way line of Chapel Creek Boulevard(a variable width right-of-way)
and the southerly right-of-way line of Amber Ridge Drive(an 80-foot right-of-way);
THENCE North 77'11'46"East(called North 77°48'17" East),along the common northerly line of said Texas Amigos tract and said
southerly right-of-way line,a distance of 790.91 feet(called 791.26 feet)to a 5/8-inch iron rod set with plastic cap stamped"Shield
Engineering"for the point of curvature of a curve to the right;
THENCE 1082.43 feet(called 1082.72 feet)along the arc of said curve to the right continuing along said northerly line of the Texas
Amigos tract and said southerly right-of-way line and joining the southerly line of that certain tract of land described to Covenant
Classical School by instrument recorded in Instrument No.D207165290,DRTCT,said curve to the right having a radius of 3460.00
feet,a delta angle of 17255'28",and a chord bearing and distance of North 86209'30"East(called North 86"47'11"East), 1078.02
feet(called 1078.31 feet)to a 5/8-inch iron rod found with plastic cap stamped "Carter-Burgess"for a point of tangency;
THENCE South 84"52'46" East(called South 83°37'33" East)continuing with said common northerly line of the Texas Amigos tract
and said southerly line of the Covenant Classical School tract,a distance of 133.11 feet(called133.71 feet)to a 5/8-inch iron rod
found with plastic cap stamped "Carter-Burgess"to the point of curvature of a curve to the left;
THENCE 219.02 feet(called 218.50)along the arc of said curve to the left and continuing along said common line,said curve to the
right having a radius of 2040.00 feet,a delta angle of 06909'05",and a chord bearing and distance of South 87957'19" East(called
South 87"42'47" East),218.91 feet(called 218.40 feet)to a 5/8-inch iron rod found with plastic cap stamped"Carter-Burgess"for a
point of tangency;
THENCE North 88'58'09"East(called North 89'45'15" East),continuing with said common line,a distance of 387.47 feet(called
387.81 feet)to a 5/8-inch iron rod set with plastic cap stamped "Shield Engineering"for the common northeast corner of said Texas
Amigos tract,the southeast corner of said Covenant Classical School tract and being in the westerly line of aforementioned Academy
Partners tract,said iron rod also being the point of curvature of a non-tangent curve to the right;
THENCE 1053.56 feet along the arc of said non-tangent curve to the right and along the common westerly line of said Academy
Partners tract and the easterly line of said Covenant Classical School tract,said curve to the right having a radius of 3808.83 feet,a
delta angle of 15950'55",and a chord bearing and distance of North 08956'23" East, 1050.20 feet to a 5/8-inch iron rod found for the
common northwest corner of said Academy Partners tract and the most westerly southwest corner of that certain tract of land
described to 820/30 Interchange,Ltd.by instrument recorded in Instrument No.D204389104, DRTCT;
THENCE S 87"40'46"E,a distance of 594.36 feet to a 5/8 inch iron rod with plastic cap stamped "Shield Engineering"set;
THENCE N 07"55'57"E,a distance of 192.74 feet to a 5/8 inch iron rod with plastic cap stamped"Shield Engineering"set;
THENCE N 26'57'28"E,a distance of 352.95 feet to a 5/8 inch iron rod with plastic cap stamped"Shield Engineering"set;
CREDIT AGREEMENT-CA-18-007 Page 7 of 18
Chapel Creek
THENCE N 29°17'07"E,a distance of 95.22 feet to a P. K. Nail set in the southwesterly line of that certain 5.145 acre tract of land
described to Total E&P USA Barnett, LLC,as recorded in Instrument Number D216226568,Official Public Records,Tarrant County,
Texas,said point being in the approximate centerline of the aforementioned Westpoint Boulevard;
THENCE S 63"49'35"E,a distance of 149.69 feet along the southwesterly line of said Total E&P USA Barnett tract and along said
centerline to a P.K. Nail found,said nail being the most southerly corner of said Total E&P USA Barnett tract;
THENCE S 63°27'46"E,a distance of 379.36 feet continuing along said approximate centerline to a P.K. Nail set;
THENCE S 62"02'39"E,a distance of 447.80 feet continuing along said approximate centerline to a P. K. Nail set at the beginning of a
non-tangent curve to the left;
THENCE with said curve to the left,an arc distance of 487.10 feet,through a central angle of 6"58'38",having a radius of 4000.00
feet and a long chord of S 65"14'16"E,486.80 feet to a 5/8 inch iron rod with plastic cap stamped"Shield Engineering"set in the
westerly right-of-way line of County Road 1012(Alemeda Road),an 80 foot right-of-way,a portion of which is platted in Volume
388-54,Page 8,Official Public Records,Tarrant County,Texas and as shown on County Road 1012 plans);
THENCE S 29'53'29"E,(previously recorded as S 29"12'10"E)a distance of 1577.32 feet along the westerly line of said County Road
1012 to a 5/8 inch iron rod with plastic cap stamped"Shield Engineering"set at the beginning of a non-tangent curve to the left;
THENCE departing said westerly right-of-way and with said curve to the left,an arc distance of 689.64 feet,through a central angle
of 42"56'58",having a radius of 920.00 and a long chord of N 68"19'25"W,a distance of 673.61 feet to a 5/8 inch iron rod with
plastic cap stamped"Shield Engineering"set;
THENCE N 89'47'54"W,a distance of 196.60 feet to a 5/8 inch iron rod with plastic cap stamped"Shield Engineering"set in a west
line of said 820/30 Interchange tract and the easterly line of that certain tract of land described by deed to Briggs Living Trust,as
recorded in Instrument Number D202041125,Official Public Records,Tarrant County,Texas;
THENCE N 29'47'51"W,a distance of 652.00 feet(previously recorded as N 29"12'08"W)along the common line of the westerly line
of said 820/30 Interchange tract and the east line of said Briggs tract to a 5/8 inch iron rod with plastic cap stamped"Shield
Engineering"set at the beginning of a non-tangent curve to the left,said point being the most northerly corner of said Briggs tract;
THENCE along the a south line of said 820/30 Interchange tract and along the north line of said Briggs tract,at 315.59 feet pass a
bent 1/2 inch iron rod found for the northwest corner of said Briggs tract and an interior corner of the aforementioned D. H.Horton-
Texas tract
THENCE South 00°12'06"West(called South 00°44'02"West),along the common easterly line of said Academy Partners tract and
the westerly line of said Briggs Living Trust tract,a distance of 2375.32 feet to a 5/8-inch iron rod set with cap stamped "Shield
Engineering"at the southeast corner of that certain tract of land described as"Southeast Drillsite"to Tarrant Mineral Partners by
instrument recorded in Instrument No.D207116752,said iron rod being in the common southerly line of said Academy Partners
tract and the northerly right-of-way line of Interstate Highway 30(a variable width right-of-way);
THENCE South 61"10'34"West,continuing along said common line,a distance of 343.09 feet to a 5/8-inch iron rod set with cap
stamped"Shield Engineering";
THENCE South 61"15'17"West(called South 61'47'13"West),continuing along said common line,a distance of 25.57 feet to a 1/2-
inch iron rod found for the point of curvature of a curve to the right;
THENCE 185.98 feet along the arc of said curve to the right and continuing along said common line,said curve to the right having a
radius of 2844.79 feet,a delta angle of 03244'45",and a chord bearing and distance of South 63205'26"West(called South
63°37'22"West), 185.95 feet to a 5/8-inch iron rod found for a point of tangency;
THENCE South 64"55'34"West(called South 65"27'21"West in D207192943 and South 65'28'00"West in D202365164),continuing
along said common line,at a distance of 567.87 feet passing a 1/2-inch iron rod found for the common southwest corner of said
CREDIT AGREEMENT-CA-18-007 Page 8 of 18
Chapel Creek
Academy Partners tract and the southeast corner of the aforementioned Westpark Partners tract,and continuing in all a total
distance of 725.88 feet to a 5/8-inch iron rod found for the point of curvature of a curve to the right;
THENCE 363.40 feet along the arc of said curve to the right and along the common southerly line of said Westpark Partners tract and
said northerly right-of-way line of I.H.30,said curve to the right having a radius of 934.93 feet,a delta angle of 22916'14",and a
chord bearing and distance of South 76904'11"West(called South 76'36'07"West),361.12 feet to a 5/8-inch iron rod found for a
point of tangency;
THENCE South 87'12'04"West(called South 87'44'00"West),continuing along said common line,a distance of 35.20 feet to a bent
5/8-inch iron rod found for the point of curvature of a curve to the left;
THENCE 146.29 feet along the arc of said curve to the left and continuing along said common line,said curve to the right having a
radius of 736.20 feet,a delta angle of 11923'07",and a chord bearing and distance of South 81930'15"West(called South 82"02'11"
West), 146.05 feet to a bent 5/8-inch iron rod found for corner;
THENCE North 53'25'56"West(called North 52°54'00"West),continuing along said common line,a distance of 88.90 feet to a f-
inch iron rod found for corner;
THENCE North 89'47'56"West(called North 89"16'00"West),continuing along said common line,a distance of 60.00 feet to a 1/2-
inch iron rod found for the common southwest corner of said Westpark Partners tract and the southeast corner of that certain tract
of land described to MCD Partners by instrument recorded in Instrument No.D201020482,DRTCT;
THENCE North 00"11'50" East(called North 00"44'00" East),along the common westerly line of said Westpark Partners tract and the
easterly line of said MCD Partners tract,a distance of 1246.14 feet to a 5/8-inch iron rod found with plastic cap stamped"W.W.
Ward RPLS 2014"in the northerly right-of-way line of Old Weatherford Road for the southeast corner of the aforementioned Texas
Amigos tract;
THENCE North 88"01'18"West(called North 87°23'10"West),along the common southerly line of said Texas Amigos tract and said
northerly right-of-way line,a distance of 1919.08 feet(called 1919.14 feet)to a 5/8-inch iron rod found with plastic cap stamped
"W.W.Ward RPLS 2014"for the an angle point in the southerly line of said Texas Amigos tract and also being the northeast corner of
that certain tract of land described to Faith Community Baptist Church by instrument recorded in Instrument No. D201273651,
DRTCT;
THENCE North 87"35'28"West(called North 86"59'31"West),continuing along said common line and joining the northerly line of
said Faith Community Baptist Church tract,a distance of 655.84 feet(called 655.55 feet)to a 5/8-inch iron rod found with plastic cap
stamped"W.W.Ward RPLS 2014"for the common southwest corner of said Texas Amigos tract and the northwest corner of said
Faith Community Baptist Church tract,said iron rod also being in the aforementioned easterly right-of-way line of Chapel Creek
Boulevard;
THENCE North 00'43'42"East(called North 01*20'58"East),along the common westerly line of said Texas Amigos tract and said
easterly right-of-way line,a distance of 746.60 feet(called 746.39)to a 3/8-inch iron rod found for the point of curvature of a curve
to the left;
THENCE 196.36 feet(called 196.42 feet)along the arc of said curve to the left and continuing along said common line,said curve to
the left having a radius of 1060.00 feet,a delta angle of 10936'50",and a chord bearing and distance of North 05900'33"West(called
North 04923'23"West), 196.08 feet(called 196.14 feet)to the POINT OF BEGINNING and containing a GROSS AREA of 8,708,218
square feet or 199.913 acres of land of which approximately 111,444±square feet or 2.558±acres lies within the limits of Old
Weatherford Road(a publically travelled road,a.k.a.County Road 1022)as currently under fence,leaving a NET AREA of 8,823,028±
square feet or 202.549±acres of land area, more or less.
CREDIT AGREEMENT-CA-18-007 Page 9 of 18
Chapel Creek
EXHIBIT B
Map of Property
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PROJECT -
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VlCINITY MAP
NOT To SCALE
CREDIT AGREEMENT-CA-18-007 Page 10 of 18
Chapel Creek
EXHIBIT C
Development Plan
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CREDIT AGREEMENT-CA-18-007 Page 11 of 18
Chapel Creek
EXHIBIT D
Transportation Improvements
Chapel Creek +;,
Credit Agreement r '�
Dedicated and Constructed
Right-oUWay'
' Accepted
'Eligible for Credit Against
Transportation Impact Fees SFS
FORT WORTH
N
Vy ` f
AMBER KIL)CE
I
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Bole knpromments Umft e
Amber Up Dr from Chapel Geek Blvd for
approximately 760 R to the oast
CREDIT AGREEMENT-CA-18-007 Page 12 of 18
Chapel Creek
EXHIBIT E
Credits Against Transportation Impact Fees
Net Credit
Value of Capacity Provided
City Project# Plat Case# Eligible Arterial Value
100814 FP-17-003 Amber Ridge Dr 5 269,991-50
Value of ROW Dedication
Instrument# Plat Case# Eligible Arterial Value
D218113596 FP-16-129 Amber Ridge Dr $ 42,340.48
Value of Existing Demand
Net Credit Available S 312331.9.6
CREDIT AGREEMENT-CA-18-007 Page 13 of 18
Chapel Creek
Capacity Provided by Amber Ridge Rd Improvements CPN 100814
Paving
hm Description Unit Quantity aloe Unit Price
No. Credit Available
1 7'CONC PVMT SY 2,491 2,491 S 40.00 S 99,640.00
2 2"ASPHALT PVMT TYPE D SY 687 0 $ 14.00 $ -
3 5"ASPHALT BASE TYPE B SY 687 0 $ 28.00 S -
4 6"LIME TREATMENT SY 2,740 2,740 $ 3.25 $ 8,905.00
5 HYDRATED LIME TN 55 55 S 175.00 $ 9,625.00
6 6"CONC CURB&GUTTER LF 2,208 2,208 $ 2.00 $ 4,416.00
7 TRAFFIC CONTROL MO 1 1 $ 3,500.00 S 3,500.00
8 REMOVE ASPHALT PVMT SY 64 64 $ 10.00 $ 640.00
9 REMOVE CONC PVMT SY 100 100 $ 20.00 $ 2,000.00
10 FURNISH/INSTALL ALUM SIGN GROUND EA 7 7 S 750.00 S 5,250.00
MOUNT CITY STD
11 LANE LEGEND ARROW EA 1 1 S 650.00 $ 650.00
12 REFL RAISED MARKER EA 42 42 $ 4.00 5 168.00
13 24"SLD PVMT MARKING HAE LF 119 119 $ 30.00 $ 3,570.00
14 8"SLD PVMT MARKING HAS LF 157 157 S 4.00 5 628.00
15 4"SLD PVMT MARKING HAS LF 338 338 $ 2.00 $ 676.00
16 4"SLD PVMT MARKING HAS LF 1,040 1,040 S 2.00 5 2,090.00
17 8'SLD PVMT MARKING HAS LF 157 157 5 4.00 5 628.00
18 BARRIER FREE RAMP EA 2 2 S 1,200.00 S 2,400.00
19 10'SIDEWALK SF 6,545 6,545 S 3.15 $ 20,616.75
20 BARRIER FREE RAMP EA 2 2 $ 1,200.00 52,400.00
Pavn Subtotal S 167,792.75
Storm Drain
Item Description Unit Quantity Eligible Unit Price
Credit Availa ble
1 21"RCP LF 250 250 $ 45.00 5 11250.00
2 24'RCP LF 1,956 1,956 $ 50.00 $ 97,800.00
3 36"RCP LF 157 157 S 90.00 $ 14,130.00
4 54"RCP LF 48 48 $ 155.00 5 7,440.00
5 60"RCP LF 504 504 $ 175.00 $ 88,200.00
6 24'SLOPING HEADWALL EA 2 2 S 2,500.00 5 5,000.00
7 36"SLOPING HEADWALL EA 1 1 S 3,500-00 $ 3 S00.00
8 54"SLOPING HEADWALL EA 1 1 $ 5,500.00 5 S 500.00
9 60"SLOPING HEADWALL EA 1 1 S 6,500-00 $ 6,500.00
10 10'CURB INLET EA 11 11 S 3,200-00 $ 35 200.00
11 15'CURB INLET EA 1 1 $ 4,200-00 $ 4,200.00
12 20'CURB INLET EA 8 8 $ 5,200.00 S 41600.00
13 4'STORM JUNCTION BOX EA 6 6 S 6,000.00 5 36,000.00
14 6'STORM JUNCTION BOX EA 2 2 $ 7,500.00 S 15,000.00
15 8'STORM JUNCTION BOX EA 1 1 $ 9,500.00 S 9,500.00
16 4'DROP INLET EA 1 1 $ 5,500.00 S 5,500.00
17 TRENCH SAFETY LF 2,915 3,323 $ 1.00 $ 3,323.00
18 CONCRETE LINED CHANNEL SY 774 797 $ 72.00 $ 57 384.00
19 MEDIUM STONE RIPRAP SY 599 569 $ 75.00 $ 42 675.00
20 LARGE STONE RIPRAP SY 1,093 1,164 $ 85.00 $ 98 940.00
21 OUTFALL WEIR STRUCTURE EA 1 S 50 000.00 S -
22 3'SQ DROP INLET EA 1 1 $ 4,500-00 $ 4,500.00
23 30"X 21'CONCRETE COLLAR EA 1 1 $ 500.00 $ 500.00
24 CONCRETE FLUME SY 58 58 $ 82.00 $ 4,756.00
25 ROCK CHECK DAM SY 170 170 $ 30.00 $ 5,100.00
26 18"RCP CLASS III COX1 LF 408 408 5 42.00 S 17,136.00
CREDIT AGREEMENT-CA-18-007 Page 14 of 18
Chapel Creek
Storm Drain(continued)
Item Description Unit Quantity Eligible Unit Price CreditAwifibk
27 6"REINFORCED CONCRETE SLOPING CY 50 50 $ 800.00 S 40,000.00
HEADWALL STRUCTURE CO#1
28 10'CONCRETE FLUME CO#5 SY 42 42 S 82.00 S 3,444.00
29 REINFORCED CONCRETE BAFFLE BLOCKS EA 17 17 S 550.00 S 9,350.00
CO#5
Subtotal $ 673 428.00
Storm Drain Ratio for Arterial Streets 8%
Storm Drain Subtotal $ 57,200.17
Street Lights
Item
oDescription Unit Quantity Eligible Unit PriceNo- 0AWIfity CredKAvailable
1 RDWY ILLUM FOUNDATION EA 21 0 S 1,122-55 S
2 RDWY ILLUM ASSEMBLY EA 21 0 $ 2,231-00 S -
3 2"CONDT PVC SCH 80 LF 728 0 $ 9.58 $ -
4 #6 ALUMINUM CABLE LF 728 0 $ 2.73 $
Street Lights Subtotal S -
Paving Subtotal S 167,792.75
Storm Drain Subtotal S 57,200.17
Street Liphts Subtotal S -
t NSMCTi N S IMMAL S X99=
Other Eligible items
Engineering,Surveying and Material Testing 2c% of Paving&storm Drain S 447998S8.
otal Value of Capacity Provided $ 269,991.50
CREDIT AGREEMENT-CA-18-007 Page 15 of 18
Chapel Creek
Arterial Contribution to Total Storm Water Flow
Amber Ridge Dr-CPN 100814
Am Area
A-1 15.76 Development C-1 20.63 Arterial
A-2 13.59 Development D-1 6.82 Artenal
B-1 15.12 Development D-2 6.82 Arterial
B-2 2.25 Development OS-6 9.73 Arterial
B-3 16.83 Development TOTAL 44.00 = 8.49% of total storm water runoff
B-4 2.83 Development
B-5 19.40 Development
C-1 20.63 Arterial
C-2 19.93 Development
C-3 15.50 Development
C-4 2.25 Development
C-5 1.63 Development
13.20 Development
20.68 Development
GS 2.58 Development
D-1 6.82 Arterial
D-2 6.82 Arterial
D-3 15.66 Development
D-4 2.58 Development
D-5 18.60 Development
D-6 22.39 Development
D-7 15.76 Development
D-8 25.76 Development
E-1 45.16 Development
F-1 29.64 Development
OS-1 49.00 To existing system
OS-2 19.13 To existing system
OS-3 6.98 To existing system
OS-4 18.28 To existing system
OS-5 39.06 To existing system
OS-6 9.73 Arterial
OS-7 1.60 Drains off-site
OS-8 2.67 Drains off-site
TOTAL 518.02
CREDIT AGREEMENT-CA-18-007 Page 16 of 18
Chapel Creek
Right-of-Way Valuation for Amber Ridge Dr
ROW Valuation Based on Adopted Transportation Improvements Plan
Amber Ridge Or S-17
Estimated Construction Costs from Transportation S721.000.00
Improvements Plan
Value of Total Project Right-of-Way(2('Yo of $1414,200.00+
Construction Cost)
Total Project Right-of-Way(SF) 76,450
Right-of-Way Value Per Square Foot $1.89
ROW Valuation Based on Construction Costs
Estimated Construction Costs from CFA 5224,992.92
Value of Total Project Right-of-Way(20%of 544,998.58
Construction Cost)
Total Project Right-of-Way(SF) 82,128
Right-of-Way Value Per Square Foot $0.55
ROW Valuation Based on TAD Value,as of 8/31/2018
TAD Account 05249856
Total Area(SF) 3,040,662
Appraised Value 5 1,396,090.00
Value per Square Foot $0.46
Right-of-Way Dedication
FRidge Or FP-16-129 0218113596
ight-af-Way Dedication(sq ft) 22,448
d value per square foot $1.89
of-Way Value $42,34048
S4ZA4 f8
CREDIT AGREEMENT-CA-18-007 Page 17 of 18
Chapel Creek
EXHIBIT F
Allocation of Credits
Credit shall be allocated
on a first-come, first-
a serve basis within the
prey plat
aF
boundaries, as shown_
AP ic"O"
44*
f
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4�� I � ' •All .9111 — Ill � ' � r—r.v-rte —t`�`4 1 � �
�' W _�-�-- •�_ l .... •�� I .� cif � � �\
S •�� 4' 1 1 r'. f i
�'-•F —— -�� _: 'IS'�fsrA7iuw• ';� fly
w
I ir FrQ�
a-
t� is: j� S Y113
Is
- ;
.r� r H. •N ++•+r w Nt ��
CREDIT AGREEMENT-CA-18-007 Page 18 of 18
Chapel Creek