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HomeMy WebLinkAboutContract 42160CITY SECRETARY y d-l l7 c.) CONTRACT NO . ___ _ TRANSPORTATION IMP ACT 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 home rule municipal corporation situated in Tarrant, Denton, Parker, Johnson, and Wise Counties, Texas, and Lennar Homes of Texas Land and Construction, a Limited company (the "Owner") (the City and the Owner a "Party/', and collectively, the "Parties"). RECITALS WHEREAS, the City is a home rule municipal corporation duly organized and validly existing under the laws and statutes of the State of Texas and is located within Tarrant, Denton, Parker, Johnson, and Wise Counties, Texas; and WHEREAS, the Owner is the owner of approximately 670.42 acres in Tarrant County, Texas, as described by metes and bounds in Exhibit" A-1, A-2" (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 "CH, which Development Plan identifies the intended land uses in relation to the lay-out 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 Tex. Loe. Gov't 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.JL; 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 1-16 CREDIT AGREEMENT G: \JOB\ 014340\ CIV\ 8-1 \Impact Fee Credit Agreement\ Sendera Ranch Package 20110715\ OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX 08 -22 -1 1 P02 :2 8 I N 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 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 I!_to be $2,014 per service unit; and WHEREAS, the Owner has filed and recorded the following final plats: Sendera Ranch East Phase 7-1 (FP08-060) in County Clerk's Filing No. D210209976 on August 27, 2010; and Sendera Ranch East Phase 8-1 (FP 006-025) in County Oerk' s Filing No. D210113023 on May 13, 2010; and WHEREAS, the Owner has received approval for construction plans, executed a Community Facility Agreement, constructed roadway-improvements, obtained City acceptance of the improvements, and dedicated rights-of-way for the following: Sendera Ranch East Phase 8, Section 1, DOE 5954; Sendera Ranch East Phase 7, Section 1, DOE 5968; 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 1-16CRED1T AGREEMENT G: \JOB\ 014340\ OV\ 8-1 \ Impact Fee Credit Agreement\Sendera Ranch Package 20110715\ 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". 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 1-16 CREDIT AGREEMENT G:\JOB\014340\CN\8-1\Impact Fee Credit Agreement\Sendera Ranch Package 20110715\ 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; 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. 1-16 CREDIT AGREEMENT G:\JOB\ 014340\ CIV\8-1 \Impact Fee Credit Agreement\Sendera Ranch Package 20110715\ IN WITNESS WHEREOF, the undersigned parties have executed this Agreement as ofthe JJ_dayof ~~ ,2011. CITY OF FORT WORTH, TEXAS OWNER Fernando Costa Assistant City Manager Recommended By: Director, Planning and Development Approved as to Form and Legality: Marcia Wise ATIEST: City Secretary 1-16 CREDIT AGREEMENT Lennar Homes of Texas Land And Construction, LTD. I NO M&C REQUIRED I OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX G:\JOB\014340\CIV\8-1\Impact Fee Credit Agreement\Sendera Ranch Package 20110715\ "A-1" Legal Description "A-2" Boundary Survey "B" Map of Property "C" Development Plan Map "D" Developer Built Roads EXHIBIT LIST "E" Credits Against Transportation Impact Fees "F" Allocation of Credits 1-16 CREDIT AGREEMENT G: \JOB\ 014340\ CIV\ 8-1 \Impact Fee Credit Agreement\Sendera Ranch Package 20110715\ Exhibit A-1 Legal Description BEING a tract of land situated in the Greenberry Overton Survey, Abstract No. 972, Denton County, Texas and in the Greenberry Overton Survey, Abstract No. 1185, Tarrant County, Texas and being a portion of that certain tract of land as described by deed to Two SR, L.P. and recorded in Volume 16328, Page 169 (Tract 1), County Records, Tarrant County, Texas, said tract of land being more particularly described by metes and bounds as follows: BEGINNING at the northwest lot corner of Lot 2, Block 45, Sendera Ranch East, Phase 6, Section 2, as recorded in Cabinet A, Slide 9961, County Records, Tarrant County, Texas, also being the northeast lot corner of Lot 1, Block 45, Sendera Ranch, Phase 3, Section 1, County Records, Tarrant County, Texas, and the most easterly southeast lot comer of Lot IX, Block 45, as shown on the plat of Sendera Ranch Phase 3, Section 2B, as recorded in Cabinet A, Slide 11091, County Records, Tarrant County, Texas, being in the west property line of the remainder of said Two SR tract; THENCE N 00°14'53"E, (previously recorded as N 00°06'50"E) along the west property line of the remainder of said Two SR tract, at 1124.92 feet pass the northeast corner of said Sendera Ranch Phase 3, Section 2B and the southeast corner of the plat ofSendera Ranch, Phase 3, Section 2C, as recorded in Cabinet A, Slide 11677, County Records, Tarrant County, Texas, at 1757.68 feet pass the northeast comer of said Sendera Ranch, Phase 3, Section 2C, and then along the common property line of the west property line of the remainder of said Two SR tract and the east line of the remainder of that certain tract of a land described by deed to One SR, L.P ., as recorded in Volume 15566, Page 280, County Records, Tarrant County, Texas, in all 4508.29 feet to the northwest property corner of said Two SR tract and also being the southwest property corner of that certain tract of land described by deed to Texas Christian University (TCU), as recorded in Volwne 1122, Page 638, Real Property Records of Denton County, Texas; THENCE N 89°54'18"E, 5925 .85 feet (previously recorded as N 89°47'00"E) along the common property line of the north property line of said Two SR tract and the south property line of said TCU tract; THENCE S 00°15'13"E, 1077.97 feet departing said common property line; THENCE S 28°28'00"E, 1970.50 feet; THENCE S 29°46'33"W, 1033.67 feet to the beginning of a curve to the left; THENCE with said curve to the left, an arc distance of 623. 76 feet, through a central angle of 29°46'56" having a radius of 1200.00 feet , the long chord of which bears S 14°53'05"W, 616.76 feet; THENCE S 00°00'23"E, 836.04 feet; C&B Job No. 014340.010.1.0004 S#FW 6L July 20, 2011 G:\JOB\014340\CIV\8-l \Impact Fee Credit Agreement\Sendera Ranch Package 20110715\Exhibit A-1 -Legal Description.DOC Page 1 of 4 THENCE S 89°40'31"W, 575.51 feet; THENCE S 00°02'25"W, 527.00 feet; THENCE N 89°46 '0l"W, 845.23 feet to the south property line of said Two SR tract and being the northeast property comer of that certain tract of land described by deed to Hall-Nance Ranches, Ltd., as recorded in Volwne 9426, Page 564, County Records, Tarrant County, Texas; THENCE S 89°59'02"W, 979.16 feet (previously recorded as S 89°53' lO''W) along the south property line of said Two SR tract and along the north property line of said Hall-Nance tract to the southeast comer of the plat of Sendera Ranch East, Phase 6, Section 3, as recorded in Cabinet A, Slide 11079, County Records, Tarrant County, Texas; THENCE the following bearings and distances along the east and north lines of said Sendera Ranch East, Phase 6, Section 3: N 00°00 '58''W, 104.72 feet; N 37°51 '29"W, 20.00 feet to the beginning of a non-tangent curve to the left; With said non-tangent curve to the left, an arc distance of78.46 feet, through a central angle of 89°54 ' 19" having a radius of 50.00 feet, the long chord of which bears N 07°11 '22"£, 70.65 feet; N 00°00'58"W, 78.39 feet; S 89°53 '02"E, 110.31 feet; N 00°06'58"E, 164.85 feet; N 10°17'08"W, 63.15 feet; N 27°40'28"W, 361 .86 feet; N 45°17'44"E, 114.95 feet to the beginning ofa non-tangent curve to the left; With said non-tangent curve to the left, an arc distance of 105.09 feet, through a central angle of 120°25'31" having a radius of 50.00 feet, the long chord of which bears N 15°30'29''E, 86.79 feet; N 44°42'16"W, 135.33 feet to the northeast terminus of the southeasterly right-of-way line of Diamondback Lane (an 80' right-of-way) as recorded in Cabinet A, Slide 10699, Plat Records, Tarrant County, Texas; C&B Job No. 014340.010.1.0004 S#FW 6L July 20, 2011 G:\JOB\014340\CIV\8-1\lmpact Fee Credit Agreement\Sendera Ranch Package 20110715\Exhibit A-1 -Legal Description.DOC Page 2 of 4 N 51°48'32"W, 80.00 feet along the northeasterly terminus of said Diamondback Lane to the northwest terminus of the northwesterly right-of-way line of said Diamondback Lane, and being at the beginning of a non-tangent curve to the right; THENCE along the northwesterly right-of-way line of said Diamondback Lane and with said non-tangent curve to the right, an arc distance of 12.64 feet, through a central angle of 00°28' 47" having a radius of 1510.00 feet, the long chord of which bears S 38°25'52"W, 12.64 feet to the northeasterly line of the aforementioned Sendera Ranch East, Phase 6, Section 3; THENCE the following bearings and distances again along the east and north lines of said Sendera Ranch East, Phase 6, Section 3: N 46°31 '19"W, 689.93 feet; N 30°03'36"W, 95.96 feet; N 20°01 '07"W, 103.56 feet; N 56°26' 11 ''W, 171.37 feet; S 88°43'17"W, 147.23 feet; S 57°03'53"W, 51.62 feet to the beginning of a non-tangent curve to the left; With said non-tangent curve to the left, an arc distance of 112.26 feet, through a central angle of 128°38'09" having a radius of 50.00 feet, the long chord of which bears S 82°44'49"W, 90.12 feet; N 71 °34'15"W, 20.00 feet; S 82°15'43"W, 111.41 feet; S 67°01 '27''W, 105.12 feet; S 44°00'49"W, 20.00 feet to the beginning of a non-tangent curve to the left; With said non-tangent curve to the left, an arc distance of 48.13 feet, through a central angle of 55°08'54" having a radius of 50.00 feet, the long chord of which bears N 73°33'45"W, 46.29 feet; S 78°51 '49"W, 146.55 feet; N 11°08'1l"W, 110.00feet; S 78°51 '49"W, 100.00 feet; C&B Job No . 014340 .010.1.0004 S#FW 6L July 20, 2011 G:\JOB\014340\CIV\8-1 \Impact Fee Credit Agreement\Sendera Ranch Package 20110715\Exhibit A-1 -Legal Description .DOC Page 3 of 4 N 89°38'38"W, 45.56 feet; N 86°21 '40"W, at 250.00 feet passing the northwest corner of said Sendera Ranch East, Phase 6, Section 3, and being the north east corner of the aforementioned plat of Sendera Ranch East, Phase 6, Section 2, in all 350.00 feet; THENCE the following bearings and distances along the north line of said Sendera Ranch East, Phase 6, Section 2: N 77°07'20"W, 151.97 feet; N 85°24'23"W, 106.00 feet; S 37°40'44"W, 61.62 feet; S 26°53' 18"E, 102.60 feet the beginning of a non-tangent curve to the left; With said non-tangent curve to the left, an arc distance of 54.86 feet, through a central angle of 62°51 '49" having a radius of 50.00 feet, the long chord of which bears S 31°40'47"W, 52.15 feet; S 00°14'53"W, 7.57 feet; N 89°45'07"W, 110.00 feet; S 00°14'53"W, 100.00 feet; S 89°12'12"W, 166.07 feet; S 77°34'5T'W, 327.12 feet; S 68°27'55''W, 70.31 feet; S 66°12'20''W, 266.93 feet; S 68°33 '40"W, 98.63 feet; S 70°02'38"W, 269.84 feet; S 52°36'27''W, 203.11 feet; THENCE N 89°45'07"W, 50.00 feet to the POINT OF BEGINNING and containing 29,202,732 square feet or 670.402 acres of land more or less. MThls description is for informational purposes only and not to be used in the conveyance of real property" C&B Job No. 014340.010.1.0004 S#FW 6L July 20, 2011 G:\TOB\014340\CIV\8-1\Impact Fee Credit Agreement\Sendera Ranch Package 20110715\Exhibit A-1 -Legal Description.DOC Page 4 of 4 !HIHH !HIHH ii ii l ii i !HU iii 11111111 1:;:;111 lHH!!! !l !!!l!I !!!!!!ii 11111111 li'l""MIC IUt.t 0 1 l ((f SC&U: •••Jlt' c.,..,, .. ,.,, .. ., orrr • ...... , ,_ --·•--TNl•ftT ........ -.,. --,..,, . --, • -...i-•dCII""""" • ,,. -··· , ......... _ _. I~·--... , .. IU .. 41'N 'l l .. ~ 1 " ..,. ....... tU:IPr l•t.t..:.J;.,,.w. ,1,.a r HU.H' £!u.. ............. ~ •••• .,. ...... .,. .. lote, .. • m.a, .. , •••. N •••• 11, t.1.t..:1~• II ' O ·• ... TIIH1' _. .11P u •• ,. 0 ~---. ::-:C':I.:!.~ -· .. 1·---- c.• ~ • ~< ·: • .• ·• ~·· •..••... ,,· •'""'':'J, "~ ·~ ' ' i .~ ... 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Jt''"""'...,..., .. _ ~~'!;-.:: LA'QJl'IM,ll,lil--••--'"- t,U,ur..&'t aa.~---••--&.AG.IT&a.~ -__ .,,._,._ J.S.irOAc.a.....r---••-•"'- 1,A~.l l,lll.'U.f*--• .. .,-.,.., loUlf.lJ\'IJll..r.t.K,'' __ ...... _ .. _ liUGJta,a.~---.,•-.. - 1,UG.I\,.._,.~ .... --.... .._ .... l~U,,lfa.'5..,,,, ___ .... _.,_ LA'~ ... ....,·---· .. -"'-1..v..-1.a...w.t,N-.a.,"~wt·· A ICltNWY llavrt ~ 670 . .f<l2 ACRES Of~TIDtt .... w-~~~.A&STW:J~'iilf.\'~ f f J l i i i D .............................................................. , ...................... -... 014340 _ .............. , ......... . EXHIBIT A-2 BOUNDARY SURVEY MtOJtcr NO. wrxxnot ORAIIN lh ACt 0Af[ Future Development Bonds Ranch r··-. _J-~ _J l__r·· Jl[YISIOMS OWNER/ DEVELOPER : ~AoV£D STl--+--------4 LENNAR HOME OF TEXAS LAND ANO CONSTRU CTION, LTD. 1707 MARKETCENTER BLVD STE 250 IRVING, TEXAS 76053 PLANNER/ ENGINEER: JACOBS JolCOeS ENGIHEEIIHG GtOU~ INC. m _ _, ;:~·,.. EXHIBIT"B" SENDERA RANCH EAST MAP OF PROPERTY -·-----.--.... ·------- : ........ 000 •••••••••••• 0, ••• , ... ,,. ' n ... <Im NV7J J.N3JVtl07'3A3.a .. .. . ............. :) _,!!fllHXil r .............. " i .................................................................. . , ii I ( ~ . ', I .:s. ··-.;·::·::~f=\?~-~~~---~~:~~~: Ti,aW" •- 11 Tl'I ....... MMll'.IJ"elk ....... "ll'l "DOMI DMt • TfWH ---aa,_ -···· .............................. . 110•JW')l:,l l)ll1,tllt.!»1 ...... : .......... , -... -""''"" t R111 . --·-......... -1 :11.fl ~ ......... ~. :!t =~,a-~ . i n' .......,....., • a1 .. : . I : I 'I ! !I .--- -----·--· ~!;====·=---· i~i . i !:ll -- •IU: 1 1 ·m. i.11'i !.!,: ]~f ' : ! :: ; ........... 1 EXHIBIT D SENDERA RANCH EAST CREDIT AGREEMENT DEVELOPER BUILT ROADS Status Accepted Anticipated 'Eligible for Credit Against Transportation Impact Fees RP.;()05-087. EXHIBIT E FORT WORTH Credits Against Transportation Impact Fees ~ NET CREDIT BALANCE VALUE OF CAPACITY PROVIDED $ 2,095,348.72 VALUE OF EXISTING DEMAND $ - NET CREDIT BALANCE $ 2,095,348.72 SENDERA RANCH EAST NET CREDIT OVERVIEW 04/29/2011 EXHIBIT E Credits Against Transportation Impact Fees Capacity Provided by DOE 5954 f Diamondback and Rancho canyon · Paving 7" R.C , STREET PAVEMENT WITH STANDARD r' CURB 6" LIME STABILIZED SUBGRADE INSTALL STANDARD END OF ROAD BARRICADE 4' REINFORCED CONCRETE SIDEWALK INSTALL SIDEWALK RAMPS TRAFFIC BARRICADE (ll·AA-4) TRAFFIC BUTION (ll·CR-4) TRAFFICE BUTTON (Y-4) TRAFF IC BUTION (W-4) STORM WATER MANAGEMENT Storm Drain STANDARD 4' SQUARE MANHOLE STANDARD 4' STACKED MANHOLE 4' DIAMETER MANHOLE RISER W/STEPS STANDARD 5' SQUARE MANHOLE 12-10'X8' MBC COMPLETE IN PLACE RECESSED 10' CURB INLET PEDESTRIAN HANDRAIL TRENCH SAFETY (STORM DRAIN) 12-10' X 8' MBC PARALLEL WINGS ROCK RUBBLE RIP RAP (24" DEPTH) ij 21 II R. . PIPE INCLUDING AVATI N · !' 24" CLASS Ill R.C. PIPE INCLUDING TRENCH EXCAVATION c3 2T' CLASS Ill R.C . PIPE INCLUDING TRENCH EXCAVATION l! 45" CLASS Ill R.C. PIPE INCLUDING TRENCH EXCAVATION AND BACKFILL g 6'X4' SBC COMPLETE IN Pt.ACE : 48" CLASS Ill R.C. PIPE INCLUDING TRENCH EXCAVATION ,5 B'X4' SBC COMPLETE IN Pl.ACE . & 6'X5' SBC COMPLETE IN PLACE ~ RECESSED 10' CURB INLET I! 4'X4' DROP INLET ,:, 24" CH-FW-0 ·Ho 'h'l, COMPLETIE IN PLACE ,2 48" CH-FW-0 HDWI..-COMPLETIE 1N PLACE § 6'X5' SBC CONCRETE WINGWALL FW-0 COMPLETE '5 ROCK RUBBLE RIP RAP (1 T.DEPTH) ilt ROCK RUBBLE RIP RAP (18" DEPTH) a» ROCK RUBBLE RIP RAP (8" DEPTH) '1ii STORM .WATER MANAGEMENT = i INSTALL 120LF OF 8-66" RCP-PIPE PRESENT ON SITE (CO #1) o _ 18" THICK RIP RAP WITH 8" BEDDING (C0#1) fsl.letof ALCONSTRUCTION Grading and Mass Excavation Street Lights EnglnNring/Surveylng/Testlng @ 20% Geotech ROW@10% jSUBTOTAL OTHER ELIGIBLE ITEMS ITOTAL VALUE OF CAPACITY PROVIDED Quantity Unit Type 20870 SY 21630 SY 4EA 24858SF 16 EA 295 LF 148 LF 1170 LF 590 LF 1LS Quantity Unit Type 3EA 2EA 3EA 2EA 85 LF SEA 508 LF 3052 LF 2EA 1850 SY 4 1L 437LF 230 LF 365LF 192LF 434LF 265LF 623LF 5EA 1 EA 1 EA 1 EA 1 EA 5SY 195SY 51 SY 1LS 720LS n4SY Unit Cost Total 23 .83 $ 497 ,332 .10 1.80 $ 38 ,934 .00 1,855 .00 $ 7,420 .00 3.29 S 81 .782 .82 1,007 .00 $ 16,112 .00 3.00 $ 885 ,00 3.00 S 444 .00 2.70 $ 3,159.00 3.00 $ 1,770 .00 1,060 .00 $ 1,060 .00 $ 648,898.92 Unit Cost Total 3,000 .00 $ 9,000 .00 3,200 .00 $ 6,400 .00 2,250 .00 S 6,750 .00 3,300 .00 S 6,600 .00 5,357 .94 S 455 ,424 .90 2,800 .00 $ 14,000 .00 70 .00 S 35 ,560 .00 0.20 S 610 .40 89 ,500 .00 $ 179,000 .00 65 .00 $ 120.250 .00 37.02 $ 1,402.69 40 .82 $ 1,605 .45 45.87 $ 945 .37 96.80 $ 3,179.88 241 .59 $ 4, 174.5.8 104.3~ $ 4,074 .74 305 .05 S 7,275.44 248.JS $ 13,924.98 2,800 .00 $ 1,260.00 2,900 .00 S 261 .00 1,600.00 S 144.00 2,650 .00 $ 238.50 4,800.00 $ 432.00 50.00 S 22 .50 5MO S 985:25 45.00 $ 208.55 500 .00 $ 45.00 60.00 S 3,888 .00 50 .00 $ 3,258.00 880,899.33 s 1,529,798.25 l Total $ 63 ,287 .00 $ 29 ,130.00 $ 305 ,959.65 $ 14,194 .00 $ 152 ,979 .82 s sss.sso.41 i $ 2,095,348.72 ! SENDERA RANCH EAST PROVIDED CAPACITY _DOE5954 04/29/2011 OATE, JQ/2g/10 DAJE .\ I . I . I I lt£Ylil0NS / DEVELOPER : LENNAR HOME OF TEXAS LANO ANO CONSTRUCTION, LTD. 1707 MARKETCENTER BLVD STE 250 IRVING, TEXAS 76053 ··1 tt:.V.' Ii . I _______ J / : I PLANNER/ ENGINEER: JACOBS JolCOIS ENGINfOING GlOUI' INC. ~- . I EXHIBIT·P SENDERA RANCH EAST ALLOCATION OF CREDITS Chakrathouk, Manivanh From: Westerman , Julie Sent: To: Monday, August 22 , 2011 3:44 PM Chakrathouk , Manivanh Subject: RE: Contract: Sendera Ranch East Credit Agreement against Transportation Impact Fees No M&C is requ ired for that credit agreement. Julie Westerman City of Fort Worth I Planning and Development 1000 Throckmorton Street, Fort Worth, TX 76102 Ph : 817.392.2677 Fa x: 817 .3 92.79 8 5 Julie .Wes t e rman@fortworthgov .org Transportation Impact Fees How am I doing? Please contact my supervisor at Julia .McCleeary@fortworthgov.org . NOTE: The City of Fort Worth will have a new web address starting Oct. 1, 201 1: www.FortWorthTexas .gov From: Chakrathouk, Manivanh Sent: Monday, August 22, 2011 3:27 PM To: Westerman, Julie Subject: Contract: Sendera Ranch East Credit Agreement against Transportation Impact Fees Hello Julie , Please advise if this contract requires an M&C? If so, please provide a printed hard copy of one to City Secretary's Office . Thank you, i\drninistrn.!ive Technician City Sccr1;rnry Office I 1000 Thmdmh,rton St. I Ft \Vorth, rx. 7fi l 02 0: 817-392-6090 IE: Manivanh.Chakrathouk @fortworthgov.org 1