HomeMy WebLinkAboutContract 15264 cc�r�MUNZ7ACi�..zTzs At'RE.EMFAIT CITY SECRET .CONTRACT No
STATE, OF 'TEXAS
COUNTY OF TARRANT §
CentroPort .Joint Venture.
WHEREAS /��r.t r`e- Ttev�i rpm�rxC �ns�aray','ire hf reinaf:ter called "Developer",
desires to matte certain improvements to CeutrePort Area 1 (Water Main
Improvements), an addition to the City of Fort Worth, Texas; and
,411E REAS , the said Developer has .equested t1ne City of :Fort Worth, a
municipal, corporation of Tarrant County, Texas, hereinafter called "City" , to do
certain work in connection with said imprr,vementg;
NOW, THER,:20RE, KNOW ALL MFN BY TH;;":3E PRFSPi'� 'i:
Ct.ntre Development Co. , Inc..
That said Developer , acting herein by aad tizrough�`�t'sfx`r_g - ;� �r� its 4+.k�
.tUornoy-J,n-°Fact
and the tatty, acting �?,i'.rein by acid(hrou,-,,h David =1
Ivory, its duly rtuthori.zed Assistant City Ma—ager, f,-)r and in consideration of
the covenant and agreem(:nr herein pertorr` ed and to f,( [-erfortrrd , a ') herebv
iO;.1,ow -1- W; i
CENTREPORT
AREA 1 ,
WATER AND/OR SANITARY SEWER FACILITIES
A. The City • stal_L, by contract or otherwise or to permit the
Develn7ar i a contract far, in accordance with its accepted
practir ivances, regulations, and the provisions of the City
Chart i bjec.t to the requirements of the City's Policies and
Regulat1(.,1 *.or Installation of Community Facilities, all as currenL
at the tiny -'nstall tion:
WATER FACILMES to sevve t'lie lots as shown on the attached Exhibit
and SANI'TAFY SEWER FACILITIES to serve the lots as shown on the .
attached Exhlbi , --_, all in accordance with plans and specifications
to be prepared by tl—e Engineering D4-vision of the "Water Department, or
by prz,r;t. er ir. . :. s �--mploved by the Developer and approved by the
Water Department .
B. The City agrees to install, at Developer's expense, at the time all
other water mains in this addition are installed, a service line for
each lot as shown on the attached Exhibit p The estimated cost of
these service lines is $ NONE The City agrees to
rec=ord the location of each said service line in respect to the corner
of the lot served, and to repair said records ia its possession.
C. The construction cost of the water facilities herein concerned,
exclusive of service lines and engineering is estimated to be Four Hundred
Thirty-seven Dollars ($ 437,407 }�
Zhaus-an our �kmdred Sven'
D. The City agrees to install, at Developer's expense, at the time all
other sanitary sewer mains in this addition are installed, a service
Fine for each lot as shown on the attached Exhibit The
estimated cost of these service lines is $ NO-NE The City
agrees to record the location of each eaid service line in respect to
the corner of the lot served, and to retain sal.d records in its
possession.
E. The construction cost of the sanitary sewer facilities to be installed
hereunder, exclusive of service lines and engineering, is estimated to
be - NONE Dollars ($ NONE ),
E. Prior to the award of the construction contract by the City, or the
commencing of any work by the City or its contractors, if the
Developer does not award his oc;r, contract, the Developer agrees to pay
to the City:
(1) (a) One hundred perc j of the cost of all water and
sanitary sewer fa., within the development, exclusive
of engineering and c . <ice costs, through the 8-inch size,
including the costs of larger sized facilities adjusted to
8-inch size costs; and
(b) One hundred percent (100%) of the cost of all approach water
main facilities outside the li=mits of the development
through the 16-inch sizL, including the costs of larger
r ?:ed facilities adjusted to 16--inch size coats, less ten
c=ent (107) of the calculated front foot clear^es for lots
contained in the development served by such approach w_ttec
main facilities; and
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(c) One hundred percent (100%) of the cos: of &zl approach
j sanitary sewer facilities outside the limits of the .
development through the 24-inert size, including the costs of
larger sized facilities adjusted to °4- inch size costs, less
ten percent (10X) of the calculated front foot charges for
lots contained in t" development serviced by such approach
sanitary sewer facilities.
(2) An additional ten percent (10%) of the total of the Developer's
cost of t1aese water and sanitary sewer facilities, exclusive of
cost of service lines, for design engineering, if such
engineering is performed by the City. This charge will be waived
i.f private engif&e rs employed by the Developer and approved by
the Water -epartmer.t perform the design en,;in�:ering.
(a) One hundred percent (100%) of the cost of all service lines,
estimated under 1-B and 1- D above, in accordance with the
provisions of the current Fort Worth City Code.
G. The distribution cf estimated construction cost between the City and
the Developer, as per paragraph 1--P above, for all safer and sanitary
sewer facilities to be constructed hereunder is estimated as follows:
(l ) Water Facilities:
Esciwatpd
Developer Estimate` Total
__Cost City Cost Cost
(a) Plains: Within Development(.) $318,257 $119,150 $437,407
Approach -0- -0- -0•-
(b) cervices ( MNE ) -0- -0- -0--
Sub-Totals, Wa:.er $318,257 $119,1`;0 $437,407
(2) Sanitary Sewer Facilities:
( 3) Mains: Witf,!n Development -0- -0- -(i-
Approach _(�_ -0- -0-
(b) Services ( MIE ) -0_ -0- -0-
Sub-Totals, Sewer. -0- -0- -0_
rt
Grand Totals $318,257 $11.9,150 $43%,407
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ASS FOR PAGE 1-2
oCe (1) CX:wt difference between between 24" wetter Line and 12"
wooer line k;Line B-C) as shown below:
1,725 I F of 24" water line x ($33.50-$25) $14,663
1 each 24" Cate Valve x ($11,500-$350) $10,650
24" Concrete Fittings L.S. x ($30,000--$27,314) $ 2,6866
Type "B" Barkfill $7.10 CY x ($6,575C;Y-5,838CY) $ 52233
SUBTO AL $33,232
Total cost of 24" water Nine crossing of S1-1-360 as
shmm below:
455 LF of 24" water line $33.5011Y = $ 15,243
460 TT of 24 bore under SH SbO @ $46411Y = $ 50,600
Comection to existing 16" water line @ $8,000 r $ 8,040
y1 Each 24'` Gate LValve. @ $1-1,500 = $+ 11,500
1.15 (C)" �e illy Hwy Bac fill @ `i5\. Y $ 5f 5
��Y Sxj3mrAd. $ 85,918
FOR A `C'C", OF $119,150
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CE IRE ORT°
AREA 1
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The i !rove charges tlo not Include any "D, r connections" chargers for c:on--
rectioa to existing or proposed sanitary sewer mains constructed or to
be constructed Limier the provisions of the "APPROACtI MAIN OPTION" as
described in Sob-Paragraph (3), IV-7 of the Policl-es and Regulations
for 'INSTALLA'TION OF COMMUNITY FAUILr'TIF.S" adopted January 1, 1972.
These additional charges are as follows-
Not applicable to this Contract XAXX
Applicable to this Contract to the amount of
by Ordinance No. dated
When water "acilities are installed by contract, installation of water
services will he included ass part: of the contract . Ynstallatton of
raetpr boxes on those services may be done by the City, after comple-
tion of construction of all relative r..urh and gutter work, on the water
facilities project site, at a cost of $76/$11.35 per contract--installed
service., such meter box instal.latfon charge to he due and payable
prior to Issuance of a Work Order or, the water facilities instaliatio:t
contract . The above charges do not apply if the Developer elects to
include mcrer box installattor, as part of the contrnct. However, meter
boxes must conform to City standards.
T . Withir, a reasonable time after co.-ple, ton of the above referen,cr'd
facilities to be c.onsLructed by the City or by contract awarded by ;he
(;ity ^: by the Developer, the City and Developer agree to an arliu:st--
p
dent o' the Develeper's pdvrient as set out in I-F and 1-0 taereinabr;ve
so as to conform said payment to actual construction cost, anti jetual
service costs under the provisions o;- the current Fort Worth City
;ode , (sald adjustment to be calculated as c�yment: in I.-F AsWor I-G
above), but based on actual . iiantities as : : fi.ected in tree final esti-
mate paid to thn Contractor by the City or by the Developer, anti/or in
the evair any portion of the factlttles are installed by City forces,
on the actual records Gf cost , kept by the City as a part of its cus-
tomary procedures. In the event the fitfference in the deposit and the
actual costs exceeds $25, Developer agrees to pay to the City any
underpayment which said ad iastment might_ ind.teat:e as being clue, an4
the City agrees to pay to Developer an overpayment . t
J. Work hpreunier shall he Completed within t -;o (2) years from date `
here,if, or.a it is understoor: hat any ohlig ition on the v?art of the
C!"V to mile any refunds with respect .o wrior aoVor sar_Itary gt.wer
;acilA tteg shalt cease up n the expiration of two (2) years moat date
for ref,-n,l > due from "per connection charges" on sani-
tary sewers and from ' front foot charges" on water mains, both c,f
which refunris may continue to he mane Cor a period of ten r10) years
ait.er the date hereof, as z. IsewhNre pro�rir!ed here'kn. Trs the event
wat•,zr ands or sar..itary sewer Facilities work is not completed with the
two (2) year period. City mhy, at i`s election, compIrte ai3ch work at
Developer's exp?n-e.
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CUMUORI
AREA .1-
[t f s ftsx then ,egrPP-d zanfi un*lerstood that any additional v>ayraent
required of ne.e2oper is to cover only sc,ct, a�Id4txonu.z work and/
or materials as may be m�sric necessary 'ay conditions encountered
durinp, constr=action, and shag. not LIClude fany change in scope of
the project .
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kij acrd 63e Sawey,, 01recto
Uatoy: Department
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4 <ATER KAIN ImP?nVEME§TS
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%bete is no 2obllc navke paztic;pat:on io t6:s Community
\ Facilities AgTeament,
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TTa cis po«tatian & Pusl > c %\tps
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S7RIF\T [ICH r
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street lights will be required i this contract. ^ :
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L. San te£fe, Director of Transportation/
Public W s
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Water »»±n Improvement
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S'a ME I' NME SIGNS
No street name reigns will be required in this contract.
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Gary L. Sat:trerre, P.F.
,, -(-Director of Transportation and Public Works
3-13--85
Centreport Area L
Water Main Improvement
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GENERAL REQl1IREMENITS
A. It is agrk "ed ?ad understood by the parties hereto that the developer
shall employ a civil engineer, licensed to practice in the State of
T'ex.as , for the design and prepauation of plans and specil`ieations for
the toni;tri cti.on of all facilities covered '?y this contract , subject
to Paragraph E.
13. F, ,, any project estimated to cost less than $10,000 or for any 1,;- ject
designed to serve a single lot or tract , tine developer may at his
option request the city to provide the design engineering, and if such
request is granted the developer shall pay to the City an amount equal
to 10 percent., of the final construction cost of such project.
C. Tn the event the developer employs his own engineer to prepare plans
arkd specifications 'or any or all fzacilities , the plans and
speci > ic,� tion so prepared shat. be >ubject to approval by the
department having jurisdiction. One ( 1) reproducible set of plans with
15 prints and 35 specifications for each facility shall be furnished
the departmerit having jurisdiction. It is agreed and understood that
in the event of any disagreement on the plans and specifications, the
tlecLsaon of the Public Works Director, Transportation Director, and/or
Watc>r Department Director will be final.
D. It is further agreed and understood by the parties hereto that upon
acceptance by the City, title to all facilities and i.mpro .•em2nts
mentioned ber.einabove shall be vested at all times in the City of fort
Worth, and developer hereby relinquishes any right, title, or interest
in and to said facilities or any part hereof.
E. The Life of this contract shall he two (2) years and it is understood
tha any obligation on the part of the City to make any refund,-
hev :under shalt cease upon the expiratioa of two (2) years From the
date of execution of this contract, except for refunds due from "per
connection charges" on sar.titary sewer and from "Front foot charges" on
tyater mains , both of which refund$ may continue to be made for a
period of ten (10) years; provided, that if the construction under the
Cominuaity Facilities contract shall have started within the two-year
bz period , the Life of the Community Tati. litia.s contract shall be
extended for ar, additional one-year period. Community Fracili :y
contracts not completed within the time periods seated above will.
require renewal of the contract with all up-dated agree,-,tents U?ing in
co"npl. ian,e with the policies in effect at: that time. Developers must
recogaire that City funds may not be av: i7ah'�� to pav atl. or a pnrt .1.011
of the normal. City share for renewal. cant.ra<-ts. It must be under9f.00d
by all parties to the Cornmun.i.ty Facilities contract that any of Lhe
f:.icl l >_tins or requirements included in the cat tract ttlat are to be
p�?rtoc(tted by the developer but not perFormed by ine developer witthLa
the time periods stated above, may be completed by tl:e City at the
developer' s expense, and the City of Fort Werth shall aut be cbligated
to ma!, r_Jundi dk:e to the dev,>,toper >n env raci it .
:r',1Nr thi. :� ar.«amen : unt _ ] :11. 1 pcJvi i �ir� .> h� IF[ ' c,. :n�• ,, r : t ..
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F. Performance bonds, certificates of depc;sit, letters of credit or cash
deposits are required for streets, -storm drains and street lights, and
must be submitted prior to execution of the contract for installation
of community facilities by the City. The bonds should be standard
performance bonds as provided by a licensed surety company (on forms
provided by that surety company) ; a cash deposit may be made in the
Treasury of the City of Fort Worthy or a certificate of deposit or
:.otter of credit may be. from ariy finonc.ial i.nstitjition in fort Worth
which is insured by Lhe Farieral Deposit Insurance Corporation or the
Federal Savings and Loan 1nsur8nc Carporati.on. The City of Fort_ Worth
~anaot pay interest on Any deposit made hereunder in the Treasury of
the City of Fort Worth.
(a) The developer shall execute four (4) copies of a
letter assigning the deposit to the City of Fort
4orth and providing for the City to withdraw the
deposit if necessary to complete construction .
Such 1(>tter of assignment must be accepted in
1,,iriting by the financial institution.
(b) Upon satisfactory completion of the Facilities for
which the deposit is made as security, the city of
Forth Worth shall reassign the deposit to the
developer, including accrued interest or dividends
thereon, upon express order of the City Manager.
1 . When the option is exercised to provide a certificate
of deposit in a financial institution, the following
terms and cond .tioas shall apply:
(a) The developer shall execute four (4) copies of a
letter assigning the deposit to the City of Fort
Worth i.i necessary to complete coastructir.�n. Such
letter of assignment must be accepted in writing
by the financial institution.
(b) Upon satisfactory completion of the facilities for
which the deposit is made as security, the City of
Fort Wortrx shall reassign the deposit to the
developer, including accrued interest or dividends
thereon, express under order o,: the City Manager.
2 . hen the option is exerrised to provide a Letter of
'red iL ftrom a tirlan°ial institu* i(;n _he form ,:,f the
!�-L; er shall bo approved by the Depactnieat of i,aw. 'the
irit.�raational letter of _-edit feint; used by banks it,
lierrsal)y acc:epr.able.
3. Pcrforrnancc? book, certificates of deposit, letters of
credit or cosh deposits will be fur.his'ied as required
oeIow:
1 V-
(b) 100 percent of the estimated developer' s share of
the cost of streets.
(c) 1013 percent of the estimated developer's share of
the cast of the street lights.
(d) A rash payment of the developer' s share of the
cost of the project is required prior to
initiation o:E construciton of water and sanitary
sewer facilities.
(e) A cash deposit , bond or Letter of Credit
acceptable to the City for the developers cost of
paving a border street.: on an assessment basis
(Reference Section V1 , Item 3 , itevc- lopment
Procedures Manual).
4. For construction of water and/or sanitary sewer
facilities, a certificate of deposit, 'letter of credit ,
or• cash deposit (providing for part �al drawings) , in
the name of the City, shall be furnished to the City as
set out below:
(a) where the developer lets the contrast, 100 percer>t
of the estimated contract cost of construction, as
stated in the construction GCDntract, is required
simultaneous with execution Of the construction
contract; or,
(b) Where the City lets the contract, LOO percent of-
the developer' s share of the construction contract
cost is required prior to issuance of a work order
by the City.
C. This contract , any part hereof. , or any interest herein shall nct be
assigned by developer without written consent of the City Manager, and
it is further agreed that such written consent will not be granted for
the assignment , transfer, pledge and/or conveyance of any refunds due
or to become due to developer except that such assignment, transfer,
pledge :and/or conveyance shall be for the .full- amount of the total of
all such refunds due or to become due hereunder.
H. On all facilities included in this agreement. for which the develo,)er-
rw-srcl; his own con traction contract, the developer agrees to follow
the followi.:':g procedures:
( 1) if `he City participates in the cost. of Li ,a facilities,
the construction contract must be aware{ �6 after
advertising in a local newspaper a-: ].east one time not
less than two weeks to the date of rNce; -+- of iealeJ
bide a4 required by State statue,,:, t,cescr. ibing
r-gulation . For contracts f�,r public wo tr , Th sea ;. d
be ")Pert-d i.11 t.hg' .)f
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(d) To employ a construction contractczr wbo is approved by
the Director of the riepar,tment havi;ig jurisdiction over
the facility to be so constructed, said conrractor to
:naet, City' s requirements for being instared, licensed
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ind bonded to do work in public streets , and to be
qualified in all respects to bid on pub). tc projects of
a Similar nature.
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(3) To require the contractor to furnish to the City
payment, performance: and maintenance bonds in the nalne
of the City for 100 percent of the c,)ntract price of
the facility, said bonds to be furnishesl before work is
connmeaced . To further require the contractor to
a provide public liability insurance.
'I'o give =a8 hours noeice to the department having
ji-ir:sdietion oL intent. to commence construction of the
facility that inspection personnel will be available;
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and t(, require the contractor to allow the construction
to '.)e subject to inspection: at any and all times by
City inspection forces, and not to install any sanitary
sewer , storm drain, or water pipe unless a responsible
City inspector is p-esent and gives his consent to
pL-oceed , and to make such laboratory tests of materials
being used as may be required by the City.
(5) To secure approval by the Director of the department
kaving jurisdiction r.. f any and all pxrti.al and final
payments to the contractor, said approval is made, in
accordance with requirements of this agreement, and is
not to constitute approval of the quantities of which
payment i.:i based.
(6) To delay --onnections of buildings to service lines of
sewer and water mains constructed under this contract
until said --.awer and water mains and service lines have
been completed to the sGtisfaction cf the Suter
Departmene.
(?) It is expressly understood by and beLwe^en the developer
aad the City of Fort Worth, tha'c. in the event the
developer elects to award one single construction
contract for storm drainage and pavemept , shall be
separated in the bidding and City par. ticlpa`. ion, if
any , shall be 1 .-mited to th<-� lowest posy ible
co:nb 'Lnatioa of b :is as if each of the :above were
awar:j�d as 3epar,9%�' contracts.
1 . 4nytiiing to the. contrary herein notaiChstrzndin; f o V it'd in
c::;rzsid ration of the promises and the cov( rants ber.t..in ,-daJz by the
city, r_he Developer convenarnts and agreeq ns toiiows :
r)ev� l:)per shall. make sepIrar, ele::rions ai�-i, par;i
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drainage , street improvements ani street lights as to
whether the work prescribed herein shalt be performed
by the Ci ,:y , its Contractor, or by the Developer ' s
Contractor. Each separate election shall be made in
writing and delivered to City no later than six (6)
months prior to the expiration of this agreement. In
' the event any of such separate elections has not been
so madf, and delivered to City by such date, it shall be
conclusively presumed that the Developer has elected
thit such work be performed by the City in accordance
with all of the terms of this agreeme-ut , and in
particular Paragraph V--F hereof.
u i2) Irrespective of any such election arad whether the work
a is to be performed by the City, its Contractor or by
the Developer' s Contractor, the Developer covenants and
agrees to deliver to the City a performance bond or a
cash deposit in lieu thereof in accordance with the
provisions of Paragraph V--F of this agreement.
Y (3) In addition to the bond or deposit required in the
preceding paragraph, in the event Developer elects that
the work be performed by the City, or its Contractor,
or such election is presumed as provided above, the
Developer covenants and agrees to pay to the City his
share of the estimated construction costs . The amount
of arach estimated payment shall be computed as set out
in Sections 1 hereof, based upon the lowest responsible
bid for such work as determined by City, or upon a cost
estimated to be performed by City forces prepared by
the City , as appropriate, and shall be subject to
adjustment to actual costs upon final completion of the
subject. Such estimated payment shall be made promptly
upon demand by City, it being contemplated that such
payment will be made after the receipt of bids for work
but in every case prior to the award of any
construction contract , unless otherwise specifically
yet out herein.
(4) Developer further covenants and agrees to, and by these
presents does hereby fully indemnity, hold harmless and
defend the City, its officers , agents and employees
from all claims, suits or causes of action of any
natur > whatsr,ever , whether real a:;serted, brought
for or On :accounr ,,F c:ny injuries or to persons
or property, including de8f_Yt, restkltl.?,; frC3i?l, t;, LEa. any
,lay connected with, e.his agreement or the constceiction
of the i.mprovemeats or facilities de_sccr -Led iiert-10 , arrci
in addition thy, Developer covenants to i.adErni.lif.y, hold
harrele:,s and defend the City, its officers, agents and
employees from and against all clai,as, suits, or ca .ises
nr acti ion or any natur wbat never rt,ug''t' Fr>r, or. or!
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act , intentional or otherwise, neglect or misconduct of
the- Developer, its Contractors, Subcontractors, agents
or employees.
(a) Developer covenants and agrees that it discriminates
against no individual involving employment as
prohibited by the terms of Ordinance No. 7278 (as
amended by Ordinance No . 7400 ) , and ordinance
prohibiting discrimination in employment practice
br,cause of race, creed, color , religion., national
origin (except for illegal aliens), sex or age, unless
sex or age is a bonafiJe occupational qualification,
Developer further covenants and agrees that no labor
organizati q, subvontractor or employment agency ,
either furnishing or referring applicants to such
developer. , nor any agent of developer is discriminating
against ,arty individual involving employment as
prohibited by the terms of such Ordinance No. 7278 (as
amended by Ordinance No. 7480).
J. The attached exhibits Appendix "A"; A and Location Map are made a part
hereof for all intents and purposes.
Y, Venue of arty action brought hereafter shall be i.ct Fort Worth, Tarrant
County, Texas.
F.
r IN TESTIMONY WHEREOF . the City of Fort WOrLh has caused this
instrument to be executed in quad rupIicatr'� in its name and on its behalf by
its City Manager , ittest4!d -y its City Secretary, with tF ! corporate seal
Vf of the City ,affixed, and csi.d Developer has e xecj�ted this instruffleyt r zr.
qv —c:iplicate , ;t. or-t Worth, r Texas ,.his the '� day of
,
ATTEST: CITY OF FORT WORTH, TEXASO
Ruhr Howard David A. Ivory
City Secretary Assistant City Manager
APPROVED AS TO FORM ANT) DEVELOPER:
fi LFGAIJTY:
TOI.N'T VENI'URF
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fay: Centr� D���.p� ��� Ca. , Tr�c.
Attorra -1
Assi.stant City Attorney Ex titzV,c Vice P-esfdenr
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Date 0 ATTEST:
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Contract Authorization
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APPENDIX "A"
COST ESTIMATE SUMMARY
PROJECT CENTREPORT AREA i (WATER MAIN IMPROVEMENTS)
PERFORMANCE
CONTRACT SECTION DEVELOPER CITY TOTAL GUARANTY
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Wats-r $
318,"57 119 150 $ 437 0',7 $� x
-0- -ia-
Section II
I. Inte •ior Streets -0-
Construction N/A N/A N/A
Design Eng.
Eng. & Admin.
5i
g 2. Storm Drains -0-
Construction N/A N/A N/t1
Design Eng.
Eng. & Admin. - --- --
3. Border Streets (Assessmerxt Paving) � -CF-
! Construction N/A N/A� - N/A
Di-sign fang.
Eng. & Adcan.
Section I:I
Street: Lights N/A N/A N/A. _t}-
sect *oll LV
Street Name S3gr, N/A . N/A --- ---- N/A �.0
I' TOTAL G 318,257 1i9,15i) 4�7,407 G
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4'.AL,1'.r/yGI�K
(City of Fort Worth, Texas
Matuor and Council
= gEF�RErvc� ;,ua,ecr: CONTRACT OR 7rHE INSTALLATION OF 1 f>.cF
NUMBER COMMUNITY FACILITIES CENTRE PORT ( 1
B-5-86 **C-9797 ----- ------_____AREA_ I_ (WATER MAIN IMPROVEMENTS)__L_..
Recorlamendat i on$
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Tt is recommended that:
I ) The following bond fund transfer by approved:
From To Amount Reason
81-01S-91VI-Ott-677500 r31-0250',7.00-677500 $TM_,T3U0 To provide funds for
Unspecified Centre Port Area I City's cost of water
Developer CFA main construction.
2) The City Manager be authorized to reimburse the developer for the City's
share or cost for the water main improvements upon satisfactory completion
of same; and
3) The City Manager be authorized to execute the Community Facilities
Agreement with the developer, Centre Port Joint Venture.
Discussion
enure t Joint Venture, acting 4y and through Centre Development Co., Inc.,
the developer of Centre Port Area I (Water Main Improvements), has executed a
proposed contract for the installation of community facilities to serve the
area shown on the attached ft-ps. I
The estimated cost of the community facilities is as follows and subject to
actual bid price:
i Project Cost and Financin.2 Developer �Cit� rot:i
�I er . . . . . . . . . . , 1 . $119,I50 $Tim, 07
Sanitary Sewers , , , -0- , -0 , -0-
Total . . . . , $318,257 , $119, $437,407
Water facilities will be installed in accordance with standard policies for the
installation of community facilities.
The contract includes City participation in the cost of water. The Bond Fund
transfer as shown in the recommendation, will be necessary from Water
Improvements Fund 81 , Project No. 015901-00, Index Code 677500, Unspecified (in
which sufficient funds are availahle) . This transfer will he to Fund 81,
Project No, 025035, Index Code 677500, F'r.:rt Area I in ^cirr `n f;nar7ce {
the City 's portion of this contract. i
jPlan Compo sr,;c,n A roval
v �n o`l� veraber... �_ til9, the City Plan Carmnissi+.?npprrrveci the prelmirrary pint
(P-79--43) fair Centre Port Addition.
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