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HomeMy WebLinkAboutContract 43394CITY SECRETARY CONTRACT NO. TRANSPORTATION IMPACT FEE CREDIT AGREEMENT 39q 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 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 154.78 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 F; 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 WHEREAS, Owner agrees to dedicate and construct the transportation improvements shown on the Development Plan in exchange for credits against future transportation impact fees; and 1-16 CREDIT AGREEMENT Parr Trust - Santa Fe West 07-13-12 PO3 FFICIAL REGO .D CITY SECRET .Y FT. WORTH, TX • Page 1 of 15 WHEREAS, Owner has submitted a final plat to the City for approval, subject to dedication and construction of the transportation improvements shown on the Development Plan; 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 F to be $387 per service unit; and WHEREAS, the following preliminary plat has been approved by the City: Parr Trust, PP-010-019; and WHEREAS, the Owner has received approval for construction plans, executed Community Facilities Agreements, and dedicated rights -of -way for the following: Santa Fe West, Phase 1 DOE No. 6657, City Project No. 01727 Santa Fe Enclave, Phase 3 - DOE No. 6721, City Project No. 01787. 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 IlD,. 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. 1-16 CREDIT AGREEMENT Page 2 of 15 Parr Trust - Santa Fe West 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. 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; 1-16 CREDIT AGREEMENT Page 3 of 15 Parr Trust - Santa Fe West 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) 1-16 CREDIT AGREEMENT Page 4 of 15 Parr Trust - Santa Fe West N van ESS WHEREOF, the undersigned parties have executed this Agreement as of the /&ttayof ,2012. CITY OF FORT WORTH, TEXAS >4**46••••4- Fernando Costa Assistant City Manager Recommended By: andle Harwood Director, Planning and Development Approved as to Form and Legality: Douglas Black Assistant City Attorney M&C: None required ATTEST: Mary J. Kay er City Secretaiy se (40600 002 11 7,1A b 04 co rf sane- ()I 14 QeJ' At `, OA 0 orlri "(es es't -Cr OWNER M. Horton m Texas, Ltd. A Texas Limited Partnership By0 R. Horton, Enc. A fefaware Corporation its authorized agent Don E. Allen, Assistant Secretary 1-16 CREDIT AGREEMENT Parr Trust - Santa Fe West II V i1I1 is 1, Page 5 of 15 EXHIBIT LIST Description of the Property Map of Property "C" Development Plan Transportation Improvements Credits Against Transportation Impact Fees Allocation of Credits 1-16 CREDIT AGREEMENT Page 6 of 15 Pan Trust - Santa Fe West EXHIBIT A Description of Property 1-16 CREDIT AGREEMENT Page 7 of 15 Parr Trust - Santa Fe West LEGAL DESCRIPTION BEING a tract of land situated in the Milly Gilbert Survey, Abstract No. 565 and in the J. Walker Survey, Abstract No. 1602, Tarrant County, Texas, Texas and being a portion of those tracts of land (tracts 1 & 3) as described in a deed to Martha Sue Parr as recorded in Volume 4186, Page 160, of the Real Property Records of Tarrant County, Texas, and being a portion of that tract of land described in a deed to Bank One Trust Company, N.A. as recorded in Document No. D205192817 of said County Records, said tract being more particularly described by metes and bounds as follows: BEGINNING at a 5/8" iron rod found for the southeast east corner of said Martha Sue Parr tract (tract 1) and being in the north line of that tract of land described in a deed to BN Leasing Corporation as recorded in Volume 10437, page 790 of said County Records; THENCE S89°49'23"W, 2619.41 feet (previously recorded as S89°38'W, 2619.44') along the south line of said Parr tract (tract 1) and along the north line of said BN Leasing tract and then along the north line of Lot 2 Block 1 of Burlington Northern Santa Fe Railway Addition, an addition to the city of Fort Worth as recorded in Cabinet A, Slide 4653 of the Plat Records of Tarrant County, Texas, to a 3/4 inch iron rod found said point being in the east line of that tract of land described in a deed to Bank One Trust Company, N.A. as recorded in Document No. D205192817 of said County Records; THENCE SOO°17'58"E, 977.91 feet (previously recorded as SO°15'W, 981.38') along the east line of said Bank One Trust tract to a 1/2 inch iron rod found for the southeast corner of said Bank One tract, said point being the northeast corner of Western Meadows Addition, Phase I, as recorded in Volume 388-201, Page 91 of said Plat Records; THENCE N89°16'15"W, 2163.41 feet (previously recorded as N88°42'W) along the south line of said Bank One Trust tract and the north line of said Western Meadows Addition to a 5/8 inch iron rod with yellow cap stamped "PELOTON" set; THENCE NOO°45'37"W, 1697.19 feet to a 5/8 inch iron rod with yellow cap stamped "PELOTON" set in the north line of said Bank One Trust tract THENCE S89°57'15"E, 2176.21 feet (previously recorded as S89°27'E) along the north line of said Bank One Trust tract to a 1" iron rod found for the northeast corner of said tract and being in the west line of said Martha Sue Parr tract (tract 3); THENCE N 00°15'54"W 39.12 feet along the west line of said Parr tract to a 5/8" iron rod with a yellow cap stamped "PELOTON" set; THENCE S 89°58'15"E, 390.41 feet to a 5/8" iron rod with a yellow cap stamped "PELOTON" set at the beginning of a curve to the left; G:\JOB\10-DRH001-RANCHO SANTA FE SOUTH\CIV\IMPACT FEE CREDIT APPLICATION\LEGAL DESCRIPTION.DOCX THENCE 587.53 feet, along the arc of said curve, through a central angle of 32°22'05", whose radius is 1040.00 feet, and the long chord which bears N 73°50 43"E, 579.74 feet to a 5/8" iron rod with a yellow cap stamped "PELOTON" set; THENCE N 57°39'40"E, 791.36 feet to a 5/8" iron rod with a yellow cap stamped "PELOTON" set at the beginning of a curve to the right; THENCE 568.57 feet, along the arc of said curve, through a central angle of 31°19'24 sec., whose radius is 1040.00 feet, and the long chord which bears N 73°19'23"E, 561.51 feet to a 5/8" iron rod with a yellow cap stamped ' PELOTON" set; THENCE N 88°59'05"E, 449.73 feet to a 5/8" iron rod with a yellow cap stamped "PELOTON" set being in the east line of said Parr tract (tract 1) and being in the center line of the westerly terminus of Basswood Boulevard (a 130' public right-of-way) as dedicated by the Plat of Santa Fe Enclave an addition to the city of Fort Worth as recorded in Cabinet A, Slide 12321 of said Plat Records; THENCE S 00°46'16"E, 1529.62 feet along the east line of said Parr tract and along the westerly terminus of said Basswood Boulevard and then along the west line of said Santa Fe Enclave addition to the POINT OF BEGINNING, and containing 6,742,071 square feet, or 154.777 acres of land more or Tess. G:\JOB\10-DRH001-RANCHO SANTA FE SOUTH\CIV\IMPACT FEE CREDIT APPLICATION\LEGAL DESCRIPTION.DOCX EXHIBIT B Map of Property 1-16 CREDIT AGREEMENT Page 8 of 15 Parr Trust - Santa Fe West • • Blue Mound City Park r SANTA FE WEST 0 NORTH 2000' (PARR TRUST PP-10-019) SANTA FE WEST GRAPHIC SCALE DATE: APRIL 2012 OWNER / DEVELOPER: DR H O RTO N v TEXAS, LTD 6751 NORTH FREEWAY FORT WORTH, TEXAS 76131 PHONE: 817-230-0800 FAX: 817-230-0899 ENGINEER: PE LOTO N oull' LAND SOLUTIONS 5751 KROGER DRIVE SUITE 185 KELLER, TX 76244 PHONE: 817-562-3350 EXHIBIT C Development Plan 1-16 CREDIT AGREEMENT Page 9 of 15 Parr Trust - Santa Fe West NOTES -VICINITY MAP ROADS ARE COI:515TE! T WITH CITY OF FORT WORTH I.ITP, CITY OF FORT WORTH t'ATER MR) SAf:RARV SEWER. PROPERTY IS IN CITY OF FORT WORTH RIED1'TFaEALNPOPOSOULItY BElNT OG FRONT OE THE UNITS WILL BE SHOWN ON FINAL PLAT. PRIVATE OPEN SPACE WILL BE MAINTAINED BY HOA. PHASING IS PRELIMI ZARY MID SUBJECT TO CHANGE PROPOSED I V SCREENING WALL HOA LOTS ALONG FUTURE NJIS MINOR ARTERIAL ROAD FUTURE EAST BAILEY BOSWELL ROAD DEVELOPMENT ND FUTURE BASSW00o BIND ENS TO UCTED SECONDARY ACCESS LDS PROVIDED 1'/HEN MORE THAN 30 DWELLING UNITS ARE PROPOSED BLOCK IJ 1 36/39 52 51/40 NOTE LONG BLOCKS LOTS 1-32 4X, 6X / 1-21X 1-18 9-28/1,2 LENGTH 1630 2098 1478 2240 ALL BLOCK LENGTH VARIANCES HAVE BEEN PREVIOUSLY APPROVED. L SI-ORT BLOCKS BLOCK # LOTS LENGTH 8 1-8 351 8 9-17 496 24 1-6 343 24 I 6-10 370 24 I1&1619 368 27 7-12 343 27 1-6 338 40 27-31 326 41 9-15 465 47 33-38 470 49 1-3& 21 360 57 1 1-5 440 57 5-11 370 58 1-7 370 58 8-14 370 TRACT SF A-7.5' 06LTX 125' SF'A-5' p&T X 11D3Tl SUBTOTAL TRACE AMENITY CENTER COMUERCIAL ROAIL OPEN SPACE WM SITE PRIVATE STREET SCHOOL 'A-5' RO.W SUBTOTAL 47 NOTE: ORIGINAL RESIDENTIAL LOT COUNT IVAS 1850 LOTS ZONING RESIDEIJNAL -ACREAGE UNITS 609 2113 315 15➢ Exi stir 5F3 .Slnr,t_I on 16,600s1) ZONING Saginaw dr— Existing cc Co rn,,n.a ZONING Saginaw Existing EF E .Facil.t.e ZONING Saginaw 1/1 pp- t i- d 2 279 2 1842 NON 2E51E1E216AL ZONING :ACREAGE LOTS 67 3 102 1 258 E036 113 30 14 7 29 7 1434 EXISTING F ZONING C,. chi:. 1 38 2 1 DENSITY 0 0 POP 0 0 0 0 1121216 ..1 "LIFT 7565er 5E0 5 Be 5EFEIATE ECM Lela WE F PROPOSE Dr F£OIA.' OPEIJW 'MO`` ee n'nu`wmw, W EXISTING C ZONING tiferg EXISTING AG ZONING EXISTING / E \ / Z0.4ING j / EXISTING • ZONING tI ¢sgas� I. — I liniii I EN MEE IBM FU1UR E - EAST BAILEY BOSWBIL ROAD PRINCIPAL ARTERIAL (tdq'R.O.V/.) EXISTING A-5 ZONING • R-I ZONING keT14504 41- Et VI"' r ma! urn rg0000op. Qss uTaft ate (seeeeaeae dd OM! •BSI: trinaig mitAglit 1.4.15e TA 75244 Ed X i-zc u an ww I wn ?3 j1° nOS a o0 .N,N .,ew a o 13; S wr nv.s . u.x_ y II .. a 6 • . e II .47 a e -14 CO EXIBTI lT / 20.4IN 1ST HORSEMAN ROAD 30 R.O.W. a:,Z1'1 ewri ..x I C7i it r EXI' TING 1\\\\ NIl4i \\ sh EXqIISB8TING ZDNi1:L EXISTING AG ZONING 010110 *09 EXISTING G ZONING PO 401.145 G EXISTING 1 ZONING Ear F.Y.I. REVISION APPROVED BY DRC ON REVISION APPROVED BY CPC SEPT. 26, 2011 PP 010-019 APPROVED BY CPC 10/27/2010 PEN EVROS I RAP DATE REPTEADENER 27 22 TO DATE i Irr-.o1/ ADO SCHOOL 51TT-P—EV NORTH OWNER/DEVELOPER PLANNER/ ENGP:EER PELOTSOLUTIONS LL P PARR TRUST RAISING 'A-7.5: A-5'. IFIZ, 'E','F ZONING TOTAL 560.5 i GROSS ACRES zi;KOMIK 1-16 CREDIT AGREEMENT Parr Trust - Santa Fe West 1 EXHIBIT E Net Credit Against Transportation Impact Fees Parr Trust - Santa Fe West & Santa Fe Enclave Value of Capacity Provided Robert W. Downing Dr Basswood Blvd Value of Existing Demand $ 310,011.78 36,518.79 Net Credit Available $ 346,530.57 I 1-16 CREDIT AGREEMENT Page 11 of 15 Parr Trust - Santa Fe West Capacity Provided by Robert W. Downing Dr. Paving Item No. Description 1 9-1/2" Reinf. Conc. Pvmt. w/7" Curbs 2 9-1/2" Reinf. Conc. Pvmt. w/7" Curbs (Turnaround & Trans) 3 6" Reinf. Conc. Pvmt. w/7" Curbe for 29' B-B street 4 6" Lime Stabilized Subgrade 5 Hydrated Lime 6 5', 4" Conc. Sidewalk 7 4', 4" Conc. Sidewalk 8 Std. Street Header 9 Std. Street Barricade 10 Wheelchair Ramps 11 Street Markings - Detail 'A' 12 Street Markings - Detail 'B' 13 Street Markings - Detail 'C' 14 Street Markings - Detail 'D' 15 Traffic Signs 16 Remove Exist Barricades & Guardrails 17 Remove Exist End of Road Barricade 18 Remove Exist Traffic Sign 19 Topsoil (6") for all parkways and Medians 20 Seedin/Hydromulch of all Parkways and Medians (Includes Watering/Irrigation until 80% Vegetative Cover is Attained) Storm Drain Item No. Description 1 6'X4' RCB 2 5'X4' RCB 3 54" RCP 4 48" RCP 5 42" RCP 6 39" RCP 7 33" RCP 8 30" RCP 9 27" RCP 10 24" RCP 11 21" RCP 12 8'X8' Junction Box 13 Straight Wings (TXDOT - "SW-0") for 6'X4' RBC 14 10' Recessed Curb Inlet 15 10' Std Curb Inlet 16 15' Std Curb Inlet 17 4'X4' Drop Inlet 18 4' Square Manhole 19 5' Square Manhole 20 6' Square Manhole 21 33" Headwall 22 27" Headwall 23 18" Rock Rip Rap 24 12" Thick Rock Rip Rap 25 Remove and Haul Off 18" Storm Pipe 26 Outfall Excavation - Includes channel and ramps DOE Number 6657 Unit Unit Price SY $ 38.00 SY $ 38.00 SY $ 24.00 SY $ 3.00 TON $ 120.00 LF $ 25.00 LF $ 14.00 LF $ 15.00 LF $ 15.00 EA $ 400.00 LF $ 3.50 LF $ 3.50 LF $ 3.50 LF $ 3.50 EA $ 340.00 EA $ 1,000.00 EA $ 200.00 EA $ 200.00 CY $ 15.00 SY $ 0.50 Paving Subtotal Unit Unit Price LF $ 241.50 LF $ 235.00 LF $ 175.00 LF $ 125.00 LF $ 105.00 LF $ 100.00 LF $ 70.00 LF $ 65.00 LF $ 60.00 LF $ 55.00 LF $ 45.00 EA $ 4,000.00 EA $ 6.500.00 EA $ 2,000.00 EA $ 1,800.00 EA $ 3,000.00 EA $ 3,000.00 EA $ 2.500.00 EA $ 3,500.00 EA $ 3,650.00 EA $ 1.800.00 EA $ 1,685.00 SY $ 60.00 SY $ 60.00 LF $ 15.00 LF $ 10.00 City Project Number 01727 Eligible Quantity 3,445 0 0 3,652 55 870 0 28 54 2 1,380 1,016 150 100 6 1 0 1 486 2,916 Eligible Amount $ 130,910.00 $ 10,956.57 $ 6,573.94 $ 21.750.00 $ 420.00 $ 810.00 $ 800.00 $ 4,830.00 $ 3,556.00 $ 525.00 1 $ 350.00 f $ 2,040.00 $ 1,000.00 $ 200.00 $ 7,290.00 $ 1,458.00 193,469.52 Eligible Eligible Amount Quantity 57 233 0 0 0 0 0 0 0 0 95 1 1 1 0 0 0 0 0 1 0 0 33 0 0 532 13,765.50 54.755.00 aMEM dad 4,275.00 4,000.00 6,500.00 2,000.00 IMP Mir 3.650.00 1,980.00 5.320.00 Parr Trust - Santa Fe West Santa Fe Enclave 1-16 CREDIT AGREEMENT Parr Trust -- Santa Fe West Page 12 of 15 1 1 Capacity Provided by Robert W. Downing Dr. DOE Number 6657 City Project Number 01727 Storm Drain (continued) 27 Seeding/Hydromulch of Channe (Includes Water/Irrigation until SY $ 0.50 2,403 $ 1,201.67 80% Vegetative Cover is Attained) - Assumes 50' Width 28 Trench Safety LF $ 1.00 385 $ 385.00 r Subtotal $ 97,832.17 I Pro rata share from arterial 7% 1 Storm Drain Subtotal $ 6,848.25 1 Paving Subtotal $ 193,469.52 Storm Drain Subtotal $ 6,848.25 Street Lights Subtotal (6°%6 of Paving and Storm Drain) $ 12,019.07 I CONSTRUCTION SUBTOTAL $ 212,336.84 Other Eligible Items Description Amount Engineering, Surveying and Material Testing 20% $ 42,467.37 (Street Lighting 6% $ 12,740.21 ROW Dedication 20% $ 42,467.37 Total Value of Capacity Provided $ 310,011.78 1 Parr Trust - Santa Fe West Santa Fe Enclave 1-16 CREDIT AGREEMENT Page 13 of 15 Parr Trust - Santa Fe West Capacity Provided by Basswood Boulevard Storm Drain DOE Number 5657 City Project Number 01727 Item No. Description Unit Unit Price Eligible Quantity Eligible Amount 1 8'x4' RCB 2 8`x5' RCB 3 8'x6' RCB 4 4`x4' Drop Inlet 5 12" Gabion Matress 6 Remove Rip Rap and Wingwalls - Connect to Ex. 8'x4' RCB 7 Seeding/Hydromulch of Channe (Includes Water/Irrigation until 80% Vegetative Cover is Attained) - Assumes 50' Width 8 Trench Safety Other Eligible Items Description Engineering, Surveying and Material Testing IROW Dedication petal Value of Capacity Provided LF LF LF EA SY LS SY 285.00 310.00 330.00 3,000.00 100.00 1,000.00 0,75 597 276 32 1 50 1 650 LF $ 1.00 905 Subtotal Pro rata share from arterial Storm Drain -Subtotal 170,145.00 85,560.00 10, 560.00 3,000.00 5,000.00 1,000.00 487.50 905.00 276,657.50 11.0% $ 30,432.3:3 CONSTRUCTION SUBTOTAL $ 30,432.33 20% of Paving & Storm Drain 20% of Paving & Storm Drain $ 6,086.47 1 $ 6,086.471 42, 605.26 1 tA Parr Trust - Santa Fe West Santa Fe Enclave 1-16 CREDIT AGREEMENT Parr Trust - Santa Fe West Page 14 of 15 EXHIBIT F Allocation of Credits 1-16 CREDIT AGREEMENT Page 15 of 15 Parr Trust - Santa Fe West NOTES: VICINITY MAP r.Jj VT,. • ROADS ARE CONSISTENT 1L ITH CITY OF FORT WORTH MTP, CITY OF FORT WORTH WATER AND SANITARY SEWER. • PROPERTY IS IN CITY OF FORT WORTH. • EXISTING'A-7S'.'AS. R-t E'. FZONP:G. • PROPOSED 10' UTLITY EASEMENT ALONG FRONT OF THE UNITS WILL BE SHOWN ON FINAL PLAT. • PRIVATE OPEN SPACE WILL BE MAINTAINED BY HOA. • PHASING IS PRELIMINARY AND SUBJECT TO CHANGE • PROPOSED 10' SCREENING WALL HOA LOTS ALONG FUTURE IJiS MINOR ARTERIAL ROAD FUTURE EAST BAILEY BOSWELL ROAD AND FUTURE BASSWOOD BLVD. • DEVELOPMENT PHASING SHALL ENSURE THAT A PLATTED AND CONSTRUCTED SECONDARY ACCESS IS PROVIDED WHEN t.IORE THAN 30 D'NELUNG UNITS ARE PROPOSED. BLOCK # 1 1-32 36/ 39 4X, 6X / 1-21X 52 1-18 I51/40 9-28/1,2 NOTE: LONG BLOCKS SI-ORT BLOCKS LOTS LENGTH 1630 2098 1478 2240 ALL BLOCK LENGTH VARIANCES HAVE BEEN PREVIOUSLY APPROVED. TRACT SF'A•7.5' G'60' X 12_5' 1' :SF'A-5' @50' X 110' TIP ZONING 'A-7.5' 'A•S' RESIDENTIAL :ACREAGE 60.9 218 3 BLOCK # I 8 8 24 24 24 f 27 27 t 40 41 47 49 57 57 58 58 LOTS 1-8 9-17 1-6 6-10 1&1619 7-12 1-6 27-31 9-15 33-38 1-3&21 1-5 5-11 I UNITS 1 DENS 315 0 1527 0 I SUB TOTAL 279.2 18d2 I NON RESIDENTIAL TRACT ZONING I =ACREAGE LOTS AMENITY CENTER 'A-5' I 6.7 3 COMMERCIAL 'F' 10.2 1 RETAIL E' 25.8 1 OPEN SPACE 'A-5' 105.6 38 WELL SITE 1L3 2 I PRIVATE STREET 3 0 II SCHOOL 'A-5' 14.7 I R.O.W. 29.7 ISUB TOTAL 143.4 47 NOTE: ORIGCJAL RESIDENTIAL LOT COUNT WAS 1SS0 LOTS Exlstl SF3 If/ ZONING Saginaw Existing CC Corr.runstt Conmercl, 1 ZONING Saginaw Existing CF Comm. Facllttte ZONING Saginaw eh 1- Y J 1 1 0 1-7 8-14 POP. 0 0 0 LENGTH 351 496 343 370 368 343 338 326 465 470 360 440 370 370 370 TOTA. ± AC D.TTAK4 FU2a 15 TIT 75 6 ± At Fi.VATT STUB 39±fC 5E0.5 1 • J • IIIilli 1 1}. XIST ,5 ZOn In • G[79 N iiiiM ME .Ia fur i :• • FUTURE EAST BAILEY BOSWEI.L ROAD PRINCIPAL ARTERIAL (1>(' R.O.W.) , 7 s 97 3 1 • • • EXISTING A-5 ZONING ¶,7 s Mt al st 1.74DCS7 LL fltl W. e aun71 CLLLt. ••.)► WI t-t ILL• WOOS -ea nndli altn-ants ______sacra LL nUtt C art Ora LLLLL r r/Noce LL nudRiutCe a1>ttn LrLLL 1 1 1 1 1 1 •&12 w FYTCTIPir r 7fNtNf' Lots located within boundary are eligible for impact fee credits. J . EX STING ING 'EGTN O: PA'.itENT CO'.STFJ-,-TED 45 E.L S AOJO R_O Y. Et SEFERATE I1l5TR. LEHI (FtR F5-0.-{23I PROPOSE r ME0 OPTNA.\ 0/ EN • EXISTING F ZONING 1► p utClI{{[Yi�0.. LULL 9L Y 3 • s 1 a- 16515 Rrrr-tat R' Ss4 A '\ J I ' = Ke-Stt T, 76245is u C� = o uu .31 Z..Z 1 I--= cao t!0N^D xI W Ww Oa iEnN • 1 1 . OF EL•ST biEtatfT aPv,r"e / StirSrele otos ttoa 7 sent LINE 37011347 LL ntLNE I 3. 1IA115. ZONING • 717-7n RIRC.731 EXISTING C ZONING -- EXISTING I ZONING 7 7Y Utt MOO/ LL /WC C r teal tit MEOI, C. C.nil is ravos� FUTL'L RON L�LL . 2.3317 ROW DCDF-ATION BY ESFAAATE PtSTRUvEtiT i55 Ron 1 1 1 • I , ' 7 t • •■ 11'U.N It • ]. a3 71 D77 • • nets I j • • 4a ! I I 1 213l •ja j Sj 11 ajg e • rd 1 `\ � ° �EXISTING \\ • ZO` I •7 si 1 1 • • 9• r Z 30 1Y 0 0 W cc CC W = CO t L t Ws! 71 Cal Ur[ IMOM LL .Itit at LIS -i11 LL nuec ssnDI EIIerr±rc Ccrp .ni. rIs n.t-X. . CCCI LL nutc.n 1'a �a 1611 Cedar SFrh;s R4 St_ 20] LLLLL XIST HORSEMAN ROAD 30 R.O.W. s se'm LC nLCI LC n i1�0 a 1 ct.cn LI T. r.. 2? I.• Alit •CAI LFL cm A Iua ni CL "err. iia` in Cr EXIST 1 ZONIN Dann Et 75201 r EXISTING AG ZONING 11443AR.•i7 •t, EXIT TING �\\% ZONING �vI*, 7 I rei 4 11 . s J.1 s 1 11"1:01es alas --S 27- aI� 1 J . • 4 M• I ;1 401 ]I ] p Ji a III) 17 11 7 'I 1 �1 t PO Sox ::;; r 76 fan U Uttar C- 011110 10. ale a sera LLLG1. crp '6 0 les EXISTING G ZONING R,Ial. Deny. scn A EIJI PO Be. 145 Jhhr.s Is'.r.1 5: 23457 c. nt IL T. _L _s_ 1111111 dl s AN VIgri! • 7 Su•':l n C' le. l it•J • s 4 B ; - s�l.•<: �r,. 1 141 '17 IE 10 WOE Nto liars 1"1' Frio M P7o.Etr•• •7 � 7.• ett4@aao�a ,� Lt 1.Li •.• 7r/fc.C. ALL n cLt`Li*. �o CC rGe rL 7/113 TING 5 Western Tectr.4al & 1!;n r1 Cntr Sur! risbn Cc le: 16110 EXISTING ZONING G I •E EASEI£NT I•]. 02142114set T. C. T. F.Y.I. REVISION APPROVED BY DRC ON REVISION APPROVED BY CPC SEPT. 26, 2011 PP 010-019 APPROVED BY CPC 10/27/2010 1 1 PROJECT NO. FILE PATH rRA'MI BY FEVEY.ED BY DATE DATE c^crf411 3115 i01 / 10 FLTit31 GJCE.1L 'LTCC1 ECD RSP SEPT EIMEER 27.2110 NO. 1 2 FELTS Kt IS ADD SCHOOL SITE: REVISE HCRSEPJAII ROAD: ELr!PLATE E-W COLLECTOR REU'JVED WELL SITE AHD ADDED 34 LOTS MY. ED ONE E?ITPAI:CE FROL' CF.+.'lt_ te&L OWNER/DEVELOPER PULTE HO'.-S 7234 LAF.ESHORE DRI E SURE 7`1A COPFELL TEXAS7-r01S (a-) 371, a30 DA HORTON 6751 NORTH FFEENAV FORT WORTH, TE7AS 76131 fs17r 21 v^-set PLANNER / ENGP:EER PELOTON LAND SOLUTI7115, LLLP 5751 KROGER DRIVE SUITE 1Ea KELLER TX /c244 F1-1OUE:817-Y2-33 -) A FRELP..rl-RY FLAT FOR PARR TRUST EXISTING 'A-7.5'. 'A-5', 'R2', 'E'. 'F' ZONING TOTAL 560.5 ± GROSS ACRES E Er.G A 640S ACRE TRACT CF LAND LOCATED N THE ILLY GLEERT SURVEY A-5 5 AND TFE !OS WI L1 ALKER SLIR\EY A.1£02 SITUATED rI TAFRANT COUNTY TE7.AS