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Home My WebLink AboutContract 60021CSCO NO. (0bbo1-,A 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 Bloomfield Homes, LP, a 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 280.597 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 identifies the on -site and/or 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 Y; and WHEREAS, the City has determined the maximum transportation impact fees to be assessed against new development within service area Y to be $3,750 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 agreed to dedicate the right-of-way and/or constructed the transportation improvements shown on Exhibit "D" for which credits against transportation impact fees shall be granted; and WHEREAS, the Owner has received concept plan approval for Hulen Trails, Phase 1, FP- 19-073; and Transportation Impact Fee Credit Agreement - CA-22-008 OFFICIAL RECORD Page 1 of 17 Hulen Trails CITY SECRETARY Updated 2/17/2023 FT WORTH, TX WHEREAS, the Owner has received preliminary plat approval for Hulen Trails, Phase 1, PP- 18-054; and WHEREAS, the Owner has dedicated 69,850 square feet of right-of-way for Hulen Street with FP-19-073, recorded as Instrument D221180343, June 23, 2021; and WHEREAS, the Owner has received approval for construction plans IPRC20-0001 and executed a Community Facilities Agreement CFA20-0075, and obtained final acceptance by the City for Hulen Trails Phase 1, City Project Number 102565. 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/or construct the system facilities identified in Exhibit "D". For any transportation improvement which has been previously 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» 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 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. Transportation Impact Fee Credit Agreement - CA-22-008 Page 2 of 17 Hulen Trails Updated 2/17/2023 Term and Effective Date. The term of this Agreement shall be ten (10) years from its Effective Date. 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-22-008 Page 3 of 17 Hulen Trails Updated 2/17/2023 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 Bloomfield Properties INC a Texas Corporation Dana Burghs; ( 20, 20 41 CDT) By: Bloomfield Properties, INC Dana Burghdoff A Texas Corporation, General Partner Assistant City Manager Date: Recommended By: .�'` — DJ Harrell (Mar 10, 202313:13 CST) DJ Harrell Director, Development Services Approved as to Form and Legality: Douglas Black Assistant City Attorney M&C: None required Form 1295: None required ATTEST: Jannette Goodall City Secretary v'L...�_ Donald J Dyksfra (Mar 7, 202311:14 CST) Donald J. Dykstra President City Contract Compliance Manager: By signing, I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. Y /in[suYr J fer Rob s (Mar[, 202310:24 CST) Jennifer Roberts Assistant Director, Development Coordination Development Services Department Transportation Impact Fee Credit Agreement - CA-22-008 Page 4 of 17 Hulen Trails Updated 2/17/2023 EXHIBIT LIST "A" Description of the Property "B" Map of Property "C" Development Plan "D" Eligible Transportation Improvements "B" Credits Against Transportation Impact Fees "F" Allocation of Credits Transportation Impact Fee Credit Agreement - CA-22-008 Page 5 of 17 Hulen Trails Updated 2/17/2023 EXHIBIT A Description of Property All that certain lot, tract, or parcel of land, situated in a portion of the Antonio Castello Survey, Abstract No. 271, the W. H. Colthorp Survey, Abstract No. 286, Antonio Fernandes Survey, Abstract No. 506, John Korticky Survey, Abstract No. 914, and the International and Great Northern Railroad Company Survey, Abstract No. 826, Tarrant County, Texas, being all of those certain called 78 1/3 acre, 20 acre, 74 1/2 acre, and 100 acre tracts described in a deed to Crowley 272 Joint Venture recorded in Volume 12621, Page 1596 of the Deed Records of Tarrant County, Texas (DRTCT), and being more completely described as follows, to -wit: BEGINNING at a 1" iron pipe found for the Northeast corner of said 100 acre tract, the Southeast corner of a called 40.004 acre tract described in a deed to Sharon Lynn Sankary recorded in Instrument No. D204323827 (DRTCT), and being in the West line of said 78 1/3 acre tract; THENCE North 00 deg. 46 min. 54 sec. West along the West line of said 78 1/3 acre tract, the East line of said 40.004 acre tract, the East line of a called 1.000 acre tract described in a deed to DTH REO Inc. recorded in Instrument No. D215152949 (DRTCT), the East line of a called 2.000 acre tract described in a deed to 0. F. Bush, Sr., et al recorded in Volume 4777, Page 308 (DRTCT), and the approximate centerline of West Cleburne Road (County Road No. 1035), a distance of 753.71 feet to a P.K. nail set with washer stamped "GOODWIN & MARSHALL", hereinafter referred to as P.K. nail set with washer, for the Northwest corner of said 78 1/3 acre tract; THENCE North 89 deg. 37 min. 03 sec. East departing said centerline and continue along the North line of said 78 1/3 acre tract, the South line of a called 40.006 acre tract described in a deed to Jerry Savelle Ministries, Inc. recorded in Volume 13436, Page 290 (DRTCT), and the South line of Lot 1, Block 1 of Heritage of Faith Christian Center recorded in Cabinet A, Slide 11818 of the Plat Records of Tarrant County, Texas (PRTCT), at 24.44 feet pass a 1/2" iron rod found for the Southwest corner of a said 40.006 acre tract, continue a total distance of 2776.07 feet to a P.K. nail set with washer for the Northeast corner of said 78 1/3 acre tract and being in the approximate centerline of West Old Cleburne Crowley Junction (County Road No. 1079); THENCE South 00 deg. 34 min. 39 sec. East along the East line of said 78 1/3 acre tract, the East line of said 20 acre tract, the East line of said 74 1/2 acre tract, and said approximate centerline, a distance of 2837.06 feet to a 1/2" capped iron rod set stamped "GOODWIN & MARSHALL", hereinafter referred to as 1/2" capped iron rod set, for the Southeast corner of said 74 1/2 acre tract and being the projected centerline of said West Old Cleburne Crowley Junction and West Cleburne Crowley Road (County Road No. 1018); THENCE South 89 deg. 39 min. 30 sec. West along the South line of said 74 1/2 acre tract, the South line of said 100 acre tract, and along the approximate centerline of said West Cleburne Crowley Road, a distance of 4878.91 feet to a 1/2" capped iron rod set for the Southwest corner of said 100 acre tract; Transportation Impact Fee Credit Agreement - CA-22-008 Page 6 of 17 Hulen Trails Updated 2/17/2023 THENCE North 00 deg. 28 min. 21 sec. West along the West line of said 100 acre tract and along said centerline, a distance of 2060.33 feet to a P.K. nail set with washer for the Northwest corner of said 100 acre tract, from which a 1/2" capped iron rod found stamped "4277" for the Northeast corner of Lot 21 of Garden Arbors Estates recorded in Cabinet A, Slide 6031 (PRTCT) bears South 30 deg. 28 min. 19 sec. West — 58.34 feet; THENCE North 89 deg. 05 min. 03 sec. East along the North line of said 100 acre tract and along said centerline, a distance of 2101.76 feet to the POINT OF BEGINNING, containing 12,222,802 square feet or 280.597 acres of land, more or less. Transportation Impact Fee Credit Agreement - CA-22-008 Page 7 of 17 Hulen Trails Updated 2/17/2023 EXHIBIT B Map of Property BED I r.1�R •rrr eu Y � �* N W G S M CLMLOW ant.-E., (b LONOt I VHCIN 111 h&&P SCAUS: 1 of = 5,0009 Transportation Impact Fee Credit Agreement - CA-22-008 Page 8 of 17 Hulen Trails Updated 2/17/2023 w � M holism N PaN 3 a15 o N MUaq raa nwaru rsNtWN%r� N .,.w. ..Y...c n.aawr..«wwa•- - a5�!' GO MI L Fu •�Q .n .n �4 Y � rr is - " � - t. ae -.x' � ..°,# c' i Ttior -4T77� �TE .. n.+•war . �yw+. s Zi ,�;�. �, �T «• ::�y1��C, �.�sa��E .j.;'s��':�%�• :%_ � ? T •�;�r'.—",C ��a��'�r ��`�� : ' Ep M r.,`11i•. roan ! a1 �♦ . e�1�Jja*;. 00 (.'i ��*�,s'•`3.� �! � ��};.�� ' 4 �`-!`: ,. ='sic. , ,u-L-„x, r-o:^�`� M - -, � � r �: ! I`P 3. N 1�k,'r'•. �•�!�A -�', : ��'• z. `s� •E$i .a..,�w �.��.kl�`.��'Q;.�;�r`-�z` vE;;: �+�4..=c��;i � � U s •.ii 1, .,-.Y ` �,. :_i�'-""`_^,'- =Y- 77 ; " �++� }., RIB• .. 7!' - �_ _ _ •- -}-�y` Jj ,., •.-- _*..- }'.� ma x. f � 1T �C1) ;'�.• ww.+vi` r/ ,y 1 wsa�� I IL UMAT U s I ur panwn xis14xw" nnc n a 1n 1&X as anti ~ y s i amx+a�. avm x tms l.n aa. au":,. (sy • �esrip .....--. ° ; atm+-u.awaa+nc.amt,aaaxn wx ara �'x MAO 71tA11S. nun ITi.w ACM t � ( aan AMMM IWaa1D IV Y.M. CbL7lgRral�YEY. A867�AC[141M �-�— GOODMN1 waaaomtnaam[saamcT,aaettACTaa.ao >~ mc.aas �i MAL r w�oRtKxrar��r,resnuc�t+..� vaonE ° ^v ax n .,1.�.-.�.� ovlo�vAmvuAlmog6.T an svMauaaeauo �y . xoF�.s, tr �ver. NSI� ArrwK. . O •••••••,�� 4r„w� .�.,+� cmaanacrYvaamtTAluAwrNT cwAmT.iExet EXHIBIT D Transportation Improvements Y �f'p CJ ,,,'+u, ,SASSAFRAS' e'_'- *,g + � � , e Jv'? EXHIBIT D Hulen Trails Vi _ t3 C,: x; - i3 BOXFLDER •Eligible for Credit Against } +s .'�k�+; •+fx "4 . fib- +!O r,. Transportation Impact Fees ;�7_ • �� ►=- }RANCHO VERDE, Y ® Right -of -Way t.' _# pl*`�" �- Dedication & Construction S rDO -Al .{ J,w ,� t r �8 QRE �...._ �- -- • Z. -IV POGArA' C � Uj WEIL • ` 1, + . � ',j2 .i � � 1fi�AL _LPp'1:� raEJYTfIiOGE luV FE W - Ll - + r . CLEBURI49 HfTCHING POST.." �vtt• � � • .9' ' o WA71 fR LILY p u, BtU WST w " r COPPER POINT BRENTFIELD NORCROS S CLEBURNE CROWLEY u� LONQHORN Limits i .� El ibie Improvements _..... Hulen Street ROW Dedication (FP-19-M) . Hulen Street ROW Construction (CPN 102565 ) Transportation Impact Fee Credit Agreement - CA-22-008 Page 10 of 17 Hulen Trails Updated 2/17/2023 EXHIBIT E Credits Against Transportation Impact Fees Hulen Trails Transportation Impact Fee Credit Overview Value of ROW Dedication Instrument # Plat Case # Eligible Arterial Value D2200332858 FP-19-073 Hulen S 569,847.46 Value of Capacity Provided City Project# Plat Case# E;igibleArterial Value CPN 102565 FP-19-073 Hulen S 707,666.27 Total Transportation Impact fee credit S 1,277,51172 Value of Existing Demand Building Permits in review 1 $ Net Credit available S ?,75' 1,273,763.72 1 Transportation Impact Fee Credit Agreement - CA-22-008 Page 11 of 17 Hulen Trails Updated 2/17/2023 Right-cf-Woy Valuation for Hulerc Trails Valuation Method 1- Precentage of TIP Project Cost Eligible Arteri.i Hulen 2022 Transpor :tion Improvements Plan Project Wunbe Y-d8 Estimated tan.-tructionCosa from 2017Tramportation $1,733,000 V21Ue of Total Proiect Itght-ol-Way i2ft of Constructia $347,600 Total Project Length (LF) 1 270 Arterial Cross -Section Width M 55 Additional ROW needed 'or Roundabout (SF) 0 Total Project Right -of -Way (91 69,350 I Right -of -Way Value Per Square Foot $418 Valuation Method 2 - Precen age of Construction Project Cost Eiicible Arterial Ruler: City Project Number CPN 102565 Construction Total of Ctty Project 102565 $539,722 tiralue of Total Project Right aFWay (24'!L of Censtruutic $117,9AA Total Project Length (LF) 1,792 Arterial Cross -Section Width (LF) 40 Additional ROW needed for Roundabout (Sf) 0 Toal Project Rtht-of-Way (SF) 71,669 Right-ofWay Value Per Square Foot 51.65 Valuation Method 3 -TAD appraised value TAD 4'21ue as of 1/15/3021 TAD Acaou nt 42252731 Total Area {SF) 104,980 Appraised Vat ue $10419g0.00 Value per Square Foot $1.00 Right -of -Way Ded+mtion "Ulan Recording instrunnerut Number D221180343 Final Plat Number FP-19.073 Retsarding Date 1ZIS12020 Too( area oFROW dedicated (5Fj 114A27 Vahmper SF S4.98 Credit $569,1147." Total Credit Available $569,647.A6 Esisting Demand $0.00 Net Credit Available $569,947A6 Transportation Impact Fee Credit Agreement - CA-22-008 Page 12 of 17 Hulen Trails Updated 2/17/2023 apacity Provided by Hulen Street Improvements Paving Item Description No. 1 REMOVE ASPHALT PVMT 2 HYDRATED LIME 3 HYDRATED LIME 4 HYDRATED LIME 5 6" LIME TREATED SUBGRADE 6 6" LIME TREATED SUBGRADE 7 6" LIME TREATED SUBGRADE 8 6" CONCRETE PAVEMENT 9 7" CONCRETE PAVEMENT 10 9" CONCRETE PAVEMENT 11 5" CONC SIDEWALK 12 6" CONC SIDEWALK 13 R-1 RAMP 14 R-1 RAMP 15 FURNISH/INSTALL ALUM SIGN GROUND MOUNT CITY STD 16 REMOVE SIGN PANEL AND POST 17 TRAFFIC CONTROL 18 INSTALL END OF ROAD BARRICADE 19 REMOVE END OF ROAD BARRICADE 20 CONCRETE HEADER 21 CONNECT TO EXISTING PAVEMENT 22 SAWCUT 2 FOOT & DISPOSE OF CONCRETE CURB & GUTTER 23 R1-1 STOP SIGN 24 ST MARKER BLADE 25 24" THERMOPOLY STOP STRIPE 26 DEMO, REMOVE AND REPAIR EXISTING GRAVEL DRIVE 27 10" CONC SIDEWALK 28 REMOVE & REPLACE HMAC CO#2 29 8" FLEXBASE SUBGRADE CO#2 30 DRIVEWAY OFF HULEN ST CO#3 31 DRIVEWAY DIRTWORK CO#3 CPN 102565 Completed Eligible Unit � Que"M Unit Price Credit Available SY 2,245 2,245 $ 10.00 $ 22,450.00 TN 199 $ 165.00 $ - TN 358 $ 165.00 $ - TN 102 102 $ 165.00 $ 16,830.00 SY 5,639 5,639 $ 2.40 $ 13,533.60 SY 13,258 $ 2.40 $ - SY 23,828 $ 2.40 $ - SY 22,372 $ 33.80 $ - SY 12,600 $ 35.50 $ - SY 5,332 5,332 $ 41.70 $ 222,344.40 SF 1,622 $ 4.95 $ - SF 1,705 $ 4.95 $ - EA 12 $ 1,750.00 $ - EA 16 2 $ 1,500.00 $ 3,000.009 EA 16 $ 250.00 $ - EA 1 $ 105.00 $ - LS 1 1 $ 5,250.00 $ 5,250.00 EA 4 $ 875.00 $ - EA 1 $ 750.00 $ - LF 121 $ 10.00 $ - EA 3 $ 750.00 $ - LF 77 $ 18.50 $ - EA 14 $ 82.50 $ EA 64 $ 27.00 $ EA 3 $ 245.00 $ - SY 21 21 $ 50.00 $ 1,050.00 SF 12,679 12,679 $ 4.75 $ 60,225.25 SY 488 $ 102.50 $ - SY 165 $ 31.22 $ - SY 73 $ 49.39 $ - DA 2 $ 2,350.00 $ - Transportation Impact Fee Credit Agreement - CA-22-008 Hulen Trails na" subtotal S 344„68325 1 Page 13 of 17 Updated 2/17/2023 Storm Drain kern Completed Eligible Description Unit Unit Price No. O91Lrtiw Oun tier CraidiltAvsilksbie 1 LARGE STONE RIPRAP SY 976 O S 102-BD $ - 2 MEDIUM RIPRAP SY 86 48 S 93.50 $ 4,488,00 3 TRENCH SAFETY LF 4.743 $ 0.37 $ - 4 CONCRETE COLLAR EA 3 $ 446.17 $ - 5 21" RCP LF 269 64 $ 59.-% $ 3,835.52 6 24" RCP LF 496 a S 68.21 S 544.88 7 27' RCP LF 417 $ 77.92 S - B 30" RCP LF 229 $ 88.03 $ - 9 33" RCP LF 27 $ 105.49 $ - 10 3E' RCP LF 589 $ 122.31 $ - 11 39" RCP LF 78 S 149.72 $ - 12 42" RCP LF 443 443 $ 167.67 $ 74,277.81 13 49' RCP LF 1,029 412 S 204.32 $ 84,179.84 14 4X2 BOX CULVERT LF 91 S 220.45 S - 15 SX4 BOX CULVERT LF 427 $ 306.31 $ - 16 10K6BOX CULVERT LF 444 S 598,82 S - 17 10X7 BOX CULVERT LF 204 S 653.29 $ - 18 4' STORM JUNCTION BOX EA 6 $ 4,422.46 S - 19 S'STORM JUNCTION BOX EA 5 2 S 5,6393E S 11,278.76 22 HEADWALL BOX CULVERT CY 152 $ 77171 $ - 23 27' SET EA 1 S 2,077.67 S - 24 36" SET EA 1 S 2,730.65 $ - 25 42" SET EA 1 1 $ 3,08682 S 3,086,82 26 48" SET EA 2 1 S 3,383.63 S 3,383.63 g 27 10 CURB INLET EA 11 4 S 5,22385 S 2DA%.40 28 15' CURB INLET EA 14 $ 6,58917 $ - 29 PEDESTRAIN RAIL CO#2 LF 227 S 171109 S - 30 4X2 SET EA 2 $ 3,561.72 S - 31 SX4 SET EA 1 $ 6,979.65 S - 32 MBGF 31" TIMBER WITH SINGLE GUARDRAIL LF 200 $ 162.50 5 - TE RMI NAL CO#2 33 ADDITIONAL CONCRETE FOR HEADWALL LS 1 S 19,500.00 S - HEIGHT INCREASE CO#2 Subtotal $ 2C6,970.66 Storm Drain Ratio for Arterial Streats IM6 Storm Drain Subtotal $ 20%970.66 Transportation Impact Fee Credit Agreement - CA-22-008 Page 14 of 17 Hulen Trails Updated 2/17/2023 Street Uot improvements Item Eltib Description Unit Quantity Unit Price Na Quantit cfeIitAvaiabla` 1 2" 00 N_DT PVC SCH 40 LF _ 4571 1,214 $ _ _9.39 $ 11,395.4b 2 NO 6INSULATED ELEC CDNDR LF 13713 3.642 $ 1.06 S 3MS2 3 TYPE 338 ARM _ EA 38 8 $ 17CLOD _$_ 1,36CLOO 4 LED LIGHTING FIXTURE EA 34 8 25&OD 2,064.OD 5 LIGHTING FIXTURE EA 4 0 5 25ROD - 6 _LED ILWM FOUNDATION _ _ EA _ 38 _ 9 $_ 1.067.00 *� _- 8,53&00 7 _RDWY RDWY ILWM EA 38 8 $ 1,481.00 $ 11,848.00 Street Cghi s Subtatal S 39,W.98 PavingSubtAal $ 344,653.35 Storm Drain Subtotal $ 205,9M-66 Street LkhtsSubtntal S 39D67.98 Othef Elizible Items Engineering, Surveying and Material Testing 2096 Df Paving & Storm Drain $ - 117,944. U Tatal Valee of Capacity ProvWW 707,6663T Transportation Impact Fee Credit Agreement - CA-22-008 Page 15 of 17 Hulen Trails Updated 2/17/2023 Existing Demand (Build ing Permits in Review) CPN 102565 Number of Permits Street 140 4524 Mill Falls Dr Existing Demand 1 $1,277,513.72 Street Permit No. Colle tion Rate I Credit Available PB23 00233 $ 3,75-D.X 1,273,763.72 Credit Remaining 5 1,273,7fi3.72 Transportation Impact Fee Credit Agreement - CA-22-008 Hulen Trails S3,757.77 I Page 16 of 17 Updated 2/17/2023 EXHIBIT F Allocation of Credits First-come/First-served within the boundaries of FP-19-073 .., ram.A xr r7A - 0059- r- ♦rj '. -'r'� �I ~.•:H -� ;i- .�� a 3 i : i � g � `y! 7 � � g � � t F i 4.1 U. 7r ^Y'." r » e .. r .. . 01. IA i , ♦ , � ♦ 1' • : � � ...,. ..,y Vic_ , � �r �' i - :. 4C I; _ 1•� °. ;� �"'.._-�-- '�. , -,ram^ -�• ;"1 � Sy :. Li i� .Jim V r o f .S,' EI e , �^+ tie ♦ ♦ ,n' . I � •/ -��, - Agh G y r^ � ._ -.1' °e' ^ e/ j'�: './• '� LI a �' ih• - tosir .�c--�� +C) 6 'mil-°- rY-ry<r-.-' -'i` ram_ ��"' �g,� .� �q• - - ' � ..'1..,,> ��1 _--T-",• i }��. •'ten-- -� y�._— -' -y`�. �MMIrMrF Nrw max' =S3r �r ZVI �. G �y Y ygo! fag u W .W Transportation Impact Fee Credit Agreement - CA-22-008 Page 17 of 17 Hulen Trails Updated 2/17/2023