HomeMy WebLinkAboutContract 61146CSCO NO. 61146
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 Forestar (USA) Real Estate Group Inc. a Delaware Corporation 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 73.281 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 C; and
WHEREAS, the City has determined the maximum transportation impact fees to be
assessed against new development within service area C to be $1,781 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
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Transportation Impact Fee Credit Agreement - CA-22-004 Page I of 23
Bar C Ranch Phase 8 3/07/2024
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 Preliminary Plat approval for Bar C Ranch, PP-18-
061 on 10/24/2018; and
WHEREAS, the Owner has received Final Plat approval for Bar C Ranch, FP-18-131 on
2/ 11 /22; and
WHEREAS, the Owner has dedicated 225,646 square feet of right-of-way for Heritage
Trace Parkway with FP- 18-131, recorded as Instrument D222041105, on 2/15/2022; and
WHEREAS, the Owner has received approval for construction plans (1PRC 19-0134) and
executed a Community Facilities Agreement (CFA19-0101, CSO 53703), and obtained final
acceptance by the City for Bar C Ranch, CPN 102179.
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
Transportation Impact Fee Credit Agreement - CA-22-004 Page 2 of 23
Bar C Ranch Phase 8 3/7/2024
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.
6. 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-22-004 Page 3 of 23
Bar C Ranch Phase 8 3/7/2024
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
Dana BUr hdoff
Dana Burghdoff (Mar 1 , 202411:01 CDT)
Dana Burghdoff
Assistant City Manager
Date: Mar 11, 2024
Recommended By:
Dalton J. Harrell (Mar 11, 2024 08:41 CDT)
DJ Harrell
Director, Development Services
Approved as to Form and Legality:
Douglas Black (Mar 18, 202423:34 CDT)
Douglas Black
Assistant City Attorney
M&C: None required
Form 1295: None required
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Jannette Goodall
City Secretary
Transportation Impact Fee Credit Agreement - CA-22-004
Bar C Ranch Phase 8
OWNER
Forestar (USA) Real Estate Group Inc.
a Delaware Corporation
Kevin Lazares (Mar8, 202416:56 CST)
Kevin Lazares
Forestar (USA) Real Estate Group Inc.
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.
Tanya Boyd (Mar 8, 262410:10 CST)
Tanya M. Boyce
Planning Manager
Development Services Department
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Page 4 of 23
3/7/2024
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-22-004 Page 5 of 23
Bar C Ranch Phase 8 3/7/2024
EXHIBIT A
Description of Property: Bar C Ranch, FP-18-131
BEING A 73.251 ACRE TRACT OF LAND SITUATED IN THE ERASMAUS H. ELKINS SURVEY, ABSTRACT No.
07, THE GEORGE MATTHEWS SURVEY, ABSTRACT NO. 1078, AND THE HENRY ROBERTSON SURVEY,
ABSTRACT NO. 1798. CITY OF FORT WORTH, TARRANT COUNTY, TEXAS, AND BEING ALL OF AN 11.508
ACRE TRACT OF LAND CONVEYED AS TRACT A, ALL OF A 0.3879 ACRE TRACT OF LAND CONVEYED AS
TRACT 8, TO FORESTAR (USA) REAL ESTATE GROUP, INC., AS RECORDED IN COUNTY CLERK'S FILE NO,
D2107029417. OFFICIAL PUBLIC RECORDS, TARRANT COUNTY, TEXAS, AND PART OF A 277.5113 ACRE
TRACT OF LAND, CONVEYED TO FORESTAR (USA) REAL ESTATE GROUP, INC.. AS RECORDED IN COUNTY
CLERIC'S FILE NO. D212079697, OFFICIAL PUBLIC RECORDS, TARRANT COUNTY, TEXAS. SAID 73.281
ACRE TRACT, WITH REFERENCE BEARING BASIS BEING THE MONUMENTED EAST LINE OF BAR-C-RANCH
ADDITION RECORDED IN CABINET A. SLIDE 10122, PLAT RECORDS, TARRANT COUNTY, TEXAS, AND BEING
MORE PARTICULikRLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEG1:4NING AT 5/8'- IRON ROAD WITH YELLOW PLASTIC CAP STAMPED "JACOBS- SET FOR THE WEST
CORNER OF LOT 2OX, BLOCK 22, OF BAR C RANCH, PHASE 68. AN ADDITION TO THE CITY OF FORT
WORTH, AS RECORDED IN COUNTY CLERK-5 FILE NO. 0217238794, PLAT RECORDS, TARRANT COUNTY,
TEXAS. SAME BEING THE 'WESTERN MOST CORNER OF SAID BAR C RANCH. PHASE 6B AND BEING ON
THE NORTHEAST DINE OF OAR C RANCH. PHASE 38. AN ADDITION TO THE CITY OF FORT WORTH, AS
RECORDED IN CABINET A, SLIDE 11632, PLAT RECORDS, TARRANT COUNTY. TEXAS, SAID POINT ALSO
BEING ON THE NORTHEAST RIGHT-OF-WAY LINE OF PAGOSA SPRINGS DRIVE. (A 60' RIGHT-OF-WAY)
OF SAID BAR C RANCH, PHASE 30. FROM WHICH A 5/8" IRON ROD WITH 'YELLOW PLASTIC CAP
STAMPED "CARTER BURGESS" FOUND BEARS SOUTH 49'36'29" EAST, A DISTANCE OF 88.80 FEET;
THENCE,. 'NORTH 49'36'29' WEST, ALONG THE NORTHEAST RIGHT-OF-WAY LINE OF SAID PAGOSA
SPRINGS DRIVE, A DISTANCE OF 426.03 FEET TO A 5/8' IRONROD WITH YELLOW PLASTIC CAP
STAMPED "CARTER BURGESS' FOUND FOR THE NORTH CORNER OF SAID PAGOSA SPRINGS DRIVE, SAME
BEING THE NORTH CORNER OF SAID 'BAR C RANCH. PHASE 30;
THENCE. SOUTH 40'22'47" WEST, OVER AND ACROSS SAID PAGOSA SPRINGS DRIVE, AND THE
NORTHWEST LINE OF SAID BAR C RANCH, PHASE 3B. A DISTANCE OF 60.D0 FEET TO A 5/8" IRON
ROD WITH YELLOW PLASTIC CAP STAMPED "CARTER BURGESS" FOUND FOR CORNER AT THE
INTEPSECTION OF THE SOUTHWEST RIGHT-OF-WAY LINE OF SAID PAGOSA SPRINGS DRIVE, AND THE
NORTHWEST RIGHT-OF-WAY LINE OF TRICKHAM BEND, (A 50' RIGHT-OF-WAY) OF SAID BAR C RANCH,
PHASE 38, AND BEING ON THE NORTHEAST LINE OF LOT 35, BLOCK 18 OF BAR C RANCH, PHASE 48.
AN ADDITION TO TI4E CITY OF FORT WORTH, AS RECORDED IN COUNTY CLERK'S FILE NO. D216084664,
PLAT RECORDS, TARRANT COUNTY, TEXAS;
THENCE, NORTH 4W36'29" WEST, ALONG THE NORTHEAST UNE OF SAID LOT 35, PASSING AT A
DISTANCE OF 100,00 FEET, THE NORTH CORNER OF SAID LOT 35, SAME BEINC, THE NORTH CORNER OF
SAID BAR C RANCH, PHASE 40, AND CONTINUING OVER AND ACROSS AFORESAID 277.5113 ACRE
TRACT, IN ALL A TOTAL DISTANCE OF 469.53 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP
STAMPED "JACOBS" SET FOR CORNIER;
THENCE. CONTINUING OVER AND ACROSS SAID 277.5113 ACRE TRACT, THE FOLLOWING COURSES AND
DISTANCES,
SOUTH 85"22'50' WEST, A DISTANCE OF 14.14 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED 'JACOBS" SET FOR CORNER;
NORTH 49'37'50' WEST, A DISTANCE OF 50.00 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "JACOBS" SET FOR CORNER;
NORTH 04'33'4$' WEST. A DISTANCE OF 14.116 FEET TO A 5/0" IRON ROD WITH YELLOW PLAi5TIC
CAP STAMPED "JACOBS" SET FOR CORNER;
NORTH 49'36'29" WEST, A DISTANCE OF 149.96 FEET TO A 1,J2" IRON !ROD WITH YELLOW PLASTIC
CAP STAMPED "PATE 3917' FOUND FOR THE NORTHEAST CORNER OF A 3.220 ACRE DRILL SITE, AS
RECORDED IN COUNTY CLERK'S FILE NO. D204049718, OFFICIAL PUBLIC RECORDS, TARRANT
COUNTY. TEXAS. SAID POINT BEING ON THE WEST 'LINE OF SAID 277.5113 ACRE TRACT;
Transportation Impact Fee Credit Agreement - CA-22-004 Page 6 of 23
Bar C Ranch Phase 8 3/7/2024
THENCE. ALONG THE WEST LINE OF SAID 277.5113 ACRE TRACT, THE FOLLOWING COURSES AND
DISTANCES:
NORTH 40'22'47' EAST, A DISTANCE OF 59.82 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC
C4P STAMPED 'JACOBS" SET FOR CORNER;
NORTH 10'33'S8" EAST, A DISTANCE OF B6.44 FEET TO A 5/8- IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "JACOBS' SET FOR CORNER;
NORTH OO'09'54' EAST, A DISTANCE OF 1218.28 FEET TO A 5/8` IRON ROD WITH YELLOW
PLASTIC CAP STAMPED 'JACOBS" SET FOR AN INTERIOR ELL CORNER OF SAID 277.5113 ACRE
TRACT AND THE BEGINNING OF A NON -TANGENT CURVE TO THE LEFT HAVING A CENTRAL ANGLE OF
09*15'49% A !RADIUS OF 1050.00 FEET. AND A LONG CHORD THAT SEARS NORTH 85'03'41" WEST
A 'DISTANCE OF 169.515 FEET;
THENCE. ALONG A SOUTHERLY LINE OF SAID 277,5113 ACRE TRACT AND ALONG SAID NON -TANGENT
CURVE TO THE LEFT, AN ARC DISTANCE OF 169.76 FEET TO A 5/15" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED 'JACOBS" SET FOR AN EXTERIOR ELL CORNER OF SAID 277.5113 ACRE TRACT;
THENCE, NORTH OTO!9'54" EAST, ALONG THE WEST LINE OF SAID 277.5113 ACRE TRACT, A DISTANCE
OF 65.00 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED-JACOBS- SET FOR
CORNER. AND THE BEGINNING OF A NOW -TANGENT CURVE TO THE RIGHT HAYING A CENTRAL ANGLE OF
24'01'21", A RADIUS OF 1115.00 FEET, AND A LONG CHORD THAT BEARS SOUTH 77*41'25" EAST A
DISTANCE OF 464.07 FEET;
THENCE, OVER AND ACROSS SAID 277.5113 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES:
ALONG SAID NON -TANGENT CURVE TO THE RIGHT, AN ARC DISTANCE OF 4657.49 FEET TO A 5/8"
IRON ROD W TH YELLOW PLASTIC GAP STAMPED "JACOBS- SET FOR CORNER;
SOUTH 65*40'4.4' EAST, A DISTANCE OF 136.64 FEET TO A 5/'8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED 'JACOBS"` SET FOR CORNER. AND THE 9EGINNING OF A TANGENT CURVE TO THE
LEFT HAVING A CENTRAL ANGLE OF 12*42'03% A RADIUS OF 1430.00 FEET. AND A LONG CHORD
THAT BEARS SOUTH 72*01'46" EAST A DISTANCE OF 316.34 FEET;
ALONG SAID TANGENT CURVE TO THE LEFT. AN ARC DISTANCE OF 316.99 FEET TO A 5/8" IRON
ROD WITH YELLOW PLASTIC CAP STAMPED "JAC013S' SET FOR CORNER;
NORTH SW27`51' EAST, A DISTANCE OF 13.90 FEET TO A 5/5" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED 'JACOBS" SET FOR CORNER;
SOUTH 79*46*57' EAST, A DISTANCE OF 50.02 FEET TO A 5/8' IRON ROD WITH YELLOW PLASTIC
CLIP STAMPED 'JACOBS' SET FOR CORNER;
SOUTH 35*41'26' EAST, A DISTANCE: OF 14.07 FEET TO A 5/8" IRON ROOD WITH YELLOW PLASTIC
CAP STAMPED "JACOBS" SET FOR CORNER. AND THE BEGINNING OF A NON -TANGENT CURVE To
THE LEFT HAVING A CENTRAL ANGLE OF 09'38'30". A RADIUS OF 1430,00 FEET, AND A LONG
CHORD THAT BEARS SOUTH 86`00'20" EAST A DISTANCE OF 240.36 FEET;.
ALONG SAID NON -TANGENT CURVE TO THE LEFT, AN ARC DISTANCE OF 240.64 FEET TO A 5/8-
IRON ROD WITH YELLOW PLASTIC CAP STAMPED 'JACOBS" SET FOR CORNER;
NORTH 899*10'25' EAST. A OIStANCE OF 10.15 FEET TO A 5/$" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "JACOBS" SET FOR CORNER;
NORTH OCY47'28" WEST. A DISTANCE OF 16,57 FEET TO A 3/&' IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "JACOBS'. SET FOR THE SOUTHWEST CORNER OF A 2.6B6 ACRE TRACT OF LAND
CONVEYED AS SAVE & EXCEPT TRACT 3. BY DEED RECORDED IN COUNTY CLERIC'S FILE NO,
D212079897, OFFICIAL PUBLIC RECORDS, TARRANT COUNTY, TEXAS,
Transportation Impact Fee Credit Agreement - CA-22-004 Page 7 of 23
Bar C Ranch Phase 8 3/7/2024
THENCE, SOUTH 89'20'14' EAST, ALONG THE SOUTH LINE OF SAID 2.686 ACRE SAVE & EXCEPT TRACT,
A DISTANCE OF 309.95 FEET TO A 5/8" IRON 'ROD WITH YELLOW PLASTIC CAP STAMPED 'JACOBS"
SET FOR AN ANGLE POINT IN THE SOUTH LINE OF SAID 2,656 ACRE SAYE & EXCEPT TRACT,
THENCE. OVER AND ACROSS SAID 277.5113 ACRE TRACT, THE FOLLOWING COURSES AND DISTANCES:
SOUTH 89'29'D2" EAST, A DISTANCE OF 174.34 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "JACOBS" SET FOR CORNER AND THE BEGINNING OF A NON —TANGENT CURVE TO THE
LEFT HAVING A CENTRAL ANGLE OF 9'10'00-, A RADIUS OF 370.00 FEET, AND A LONG CHORD
THAT BEARS NORTH 75'27'03" EAST A DISTANCE OF 59.13 FEET;
ALONG SAID NON —TANGENT CURVE TO THE LEFT, AN ARC DISTANCE OF 59.20 FEET TO A 5/8"
IRON ROD WITH YELLOW PLASTIC CAP STAMPED "JACOBS" SET FOR CORNER ON THE EAST LINE OF
SAD 277.5113 ACRE TRACT AND THE COMMON WEST LINE OF A TRACT OF LAND CONVEYED TO
WATERSBEND LAND INVESTORS, LLC, AS RECORDED IN COUNTY CLERK'S FILE NO, 0217164702,
OFFICIAL PUBLIC RECORDS, TARRANT COUNTY. TEXAS;
THENCE. ALONG THE COMMON LINES OF SAID 277.5113 ACRE TRACT AND SAID WATERSBEND LAND
INVESTORS, LLC. TRACT. THE FOLLOWING COURSES AND DISTANCES:
SOUTH 4W49'27" EAST., A DISTANCE OF 34.31 FEET TO A 1/2" IRON ROD FOUND FOR CORNER;
SOUTH 00'41'31" WEST, A DISTANCE OF 508.10 FEET TO A 5/8" IRON 'ROD FOUND FOR AN
INTERIOR ELL CORNER OF SAID 277.5113 ACRE TRACT AND THE COMMON SOUTHWEST CORNER OF
SAID WATERSBEND LAND INVESTORS, LLC. TRACT,
SOUTH 78'14"29" EAST, A DISTANCE OF 327,87 FEET TO A 3/4" IRON ROD FOUND FOR AN
EXTERIOR ELL. CORNER OF SAID 277.5113 ACRE TRACT AND THE COMMON NORTHWEST CORNER OF
AFORESAID 11.508 ACRE TRACT;
THENCE. SOUTH 79'37"24" EAST, ALONG THE NORTH LINE OF SAID 11.508 ACRE TRACT AND THE
COMMON SOUTH LINE OF SAID WATERSBEND LAND INVESTORS, LLC. TRACT, A DISTANCE OF 838.06
FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "JBM" iOUND FOR THE NORTHEAST
CORNER OF SAID 11.508 ACRE TRACT, THE COMMON SOUTHEAST CORNER OF SAID WATERSBEND LAND
INVESTORS, LLC. TRACT, AND THE COMMON NORTHWEST CORNER OF A 0.8365 ACRE TRACT OF LAND
CONVEYED TO BURLINGTON NORTHERN A SANTA FE RAILWAY COMPANY, EY DEED RECORDED IN VOLUME
12682,. PAGE 591, DEED RECORDS, TARRANT COUNTY, TEXAS;
THENCE, SOUTH 01'31'31- WEST, ALONG THE EAST LINE OF SAID 11.503 ACRE TRACT AND THE
COMMON WEST LINE OF SAID 0.8365 ACRE TRACT, A DISTANCE OF 601.26 FEET TO A 5/8" IRON ROD
FOUND FOR THE SOUTHEAST CORNER OF SAID 11,508 ACRE TRACT, THE COMMON SOUTHWEST CORNER
OF SAID 0A365 ACRE TRACT, AND BEING ON THE NORTH LINE OF LOT IX, BLOCK 29 OF AFORESAID
BAR C 'RANCH, PHASE 6B. SAID POINT BEING ON THE NORTHEAST LINE OF SAID BAR C RANCH, PHASE
6B"
THENCE, ALONG THE NORTH LINE OF SAID BAR C RANCH, PHASE 69, THE FOLLOWING COURSES AND
DISTANCES,
NORTH 79*57*19" WEST, ALONG THE SOUTH LINE OF SAID 11.505 ACRE TRACT. PASSING AT A
DISTANCE OF 836,66 FEET, A 5,/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "JACOBS" SET FOR
THE SOUTHWEST CORNER OF SAID 11.508 ACRE TRACT AND THE COMMON SOUTHEAST CORNER OF
AFORESAID D.3879 ACRE TRACT, AND CONTINUING ALONG THE SOUTH LINE OF SAID 0,3879 ACRE
TRACT, IN ALL A TOTAL DISTANCE OF 844,46 FEET TO A 5/8" IRON ROC WITH CAP STAMPED "PATE
5647" FOUND FOR THE SOUTHWEST CORNER OF SAID 0.3879 ACRE TRACT, AND A COMMON ANGLE
POINT IN THE NORTH LINE OF SAID LOT 1 X, BLOCK 29,
Transportation Impact Fee Credit Agreement - CA-22-004 Page 8 of 23
Bar C Ranch Phase 8 3/7/2024
THENCE. NORTH 3CY3O'46" WEST. ALONG THE SOUTHWEST LINE OF SAID 0.3879 ACRE TRACT„ PASSING
AT A DISTANCE OF 252.33 FEET A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED -JACOBS- SET
FOR THE 14ORTHWWEST CORNER OF SAID 0.3879 ACRE TRACT, AND CONTINUING OVER AND .ACROSS SAID
277.5113 ACRE TRACT, IN ALL A TOTAL DISTANCE OF 322.68 FEET TO A 5,/8" IRON ROD WITH YELLOW
PLASTIC CAP STAMPED "JACOBS" SET FOR THE NORTH CORNER OF SAID LOT IX, BLOCK 29. SAID
POINT BEING THE NORTH CORNER OF SAID BAR C RANCH, PRASE 6B;
SOUTH 51038119" WEST, A DISTANCE OF 258.13 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED"JACO65" SET FOR CORNER;
SOLJT14 29'19'47" WEST, A DISTANCE OF' 211.67 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "JCROSS" SET FOR CORNER;
SOUTH 00*38'06- WEST, A DISTANCE OF 365..00 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "JACOBS' SET FOR THE NORTHEAST 'CORNER OF LOT 13, BLOCK 22 OF SAID BAR C
RANCH, PHASE 68. SAME BEING AN INTERIOR ELL CORNER OF SAID BAR C RANCH, PHASE 6B;
NORTH 89*21 *54" WEST, A DISTANCE OF 130.00 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "JACOBS" SET FOR CORNER;.
SOUTH 87*06*18" WEST, A DISTANCE OF 71.43 FEET TO A
3/8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "JACOBS" SET FOR CORNER;
SOUTH 79*25*30" WEST, A DISTANCE OF 72.00 (FEET TO A
5/€3" IRON ROO WITH YELLOW PLASTIC
CAP STAMPED 'JAiCOSS' SET FOR CORNER;
SOUTH 71'42''W WEST, A DISTANCE OF 72.00 FEET TO A
5/II" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED 'JACOBS' SET FOR CORNER;
SOUTH 63'39*311" WEST. A DISTANCE OF 72.00 FEET TO A
5/8" IRON ROD WITH YELLOW' PLASTIC
CAP STAMPED 'JACOBS" 'SET FOR CORNER;
SOUTH 56'16'32" WEST, A DISTANCE OF 72.00 FEET TO A
5/8" IRON RW WITH YELLOW PLASTIC
CAP STAMPED RJACOrBS' SET FOR CORNER;
SOUTH 47*56*35" WEST, A DISTANCE OF 80.16 FEET TO A
5/8" IRON ROE) WITH YELLOW PLASTIC
GAP STAMPED *JACOBS" SET FOR CORNER;
SOUTH 40'23'31" WEST, A DISTANCE OF 75.00 FEET TO THE POINT CF BEGINNING AND CONTAINING
A CALCULATED AREA OF 73.281 ACRES 4F LAND,
Transportation Impact Fee Credit Agreement - CA-22-004 Page 9 of 23
Bar C Ranch Phase 8 3/7/2024
EXHIBIT B
Map of Property
VICINITY MAP
Transportation Impact Fee Credit Agreement - CA-22-004 Page 10 of 23
Bar C Ranch Phase 8 3/7/2024
EXHIBIT C
Development Plan: Bar C Ranch, PP-18-061
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Transportation Impact Fee Credit Agreement - CA-22-004 Page 11 of 23
Bar C Ranch Phase 8 3/7/2024
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EXHIBIT D
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A PASSENGER ` Cr a
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HERITAGE TRACE t:ROOD O
DROWS y yt,
46 r ' ATFR .+7
in GRASS • p - < 4
z m
Lu
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Q O w t
J
Eligible Improvements
Heritage Trace Parkway
Heritage Trace Parkway
RUNNING WATER
�P
C GP ` m
000 to IT ROryFOOT
z i
W a i
q GREEN I,, A1,4TER
Limits t
ROW Dedication (FP-18-131)
eConstruction (CPN 102179)�rill $ �
Transportation Impact Fee Credit Agreement - CA-22-004 Page 12 of 23
Bar C Ranch Phase 8 3/7/2024
EXHIBIT E
Credits Against Transportation Impact Fees
Bar C Ranch Phase 8
Transportation Impact Fee Credit Overview
Value of ROW Dedication
Instrument # Final Plat # Eligible Arterial Value
D222041105 FP-18-131 Heritage Trace Pkwy $1,459,929.62
TOTAL ROW TRANSPORTATION IMPACT FEE CREDIT $1,459,929.62
Value of Community Facilities Agreement Construction
City Secretary # CFA/CPN # Eligible Arterial(s) Value
53703 CFA19-0101 Heritage Trace Pkwy $592,373.78
CPN102179
TOTAL COMMUNITY FACILITIES AGREEMENT CREDIT
$592,373.78
TOTAL TRANSPORTATION IMPACT FEE CREDIT
$19459,929.62
Transportation Impact Fee Credit Applied to Date
Value
Building Permits 311
$1,166,250.00
TOTAL TRANSPORTATION IMPACT FEE CREDIT APPLIED TO DATE
$11166,250.00
NET TRANSPORTATION IMPACT FEE CREDIT REMAINING
$886,053.40
Transportation Impact Fee Credit Agreement - CA-22-004 Page 13 of 23
Bar C Ranch Phase 8 3/7/2024
Right -of -Way Valuation for Bar C Ranch, Phase 8
Valuation Method 1 - Percentage of TIP Project Cost
Eligible Arterial Heritage Trace Pkwy
2017 Transportation Improvements Plan Project C-12
Number
Estimated Construction Costs from 2022
$15,474,000
Transportation Improvements Plan
Value of Total Project Right -of -Way (20% of
$3,094,800
Construction Cost)
Total Project Length (LF)
3,680
Arterial Cross -Section Width (LF)
130
Additional ROW needed for Roundabout (SF)
0
Total Project Right -of -Way (SF)
478,400
Right -of -Way Value Per Square Foot
$6.47
Valuation Method 2 - Percentage of Construction Project Cost
Eligible Arterial
Heritage Trace Pkwy
City Project Number
102179
Final Construction Costs from Notice of Completion
$2,077,843
(Green Sheet)
Value of Total Project Right -of -Way (20% of
$415,569
Construction Cost)
Total Project Length (LF)
1,797
Arterial Cross -Section Width (LF)
130
Additional ROW needed for Roundabout (SF)
0
Total Project Right -of -Way (SF)
225,646
Right -of -Way Value Per Square Foot
$1.85
Valuation Method 3 - TAD appraised value
TAD Value as of 1/15/2021
TAD Account
Total Area (SF)
Appraised Value
Value per Square Foot
Right -of -Way Dedication
Recording Instrument Number
Final Plat Number
Recording Date
Total area of ROW dedicated (SF)
Value per SF
Credit
Total Credit Available
Existing Demand
Net Credit Available
40536734
3,079,343
$1,006,920.00
$0.33
Heritage Trace Pkwy
D222041105
FP-18-131
2/11/2022
225,646
$6.47
$1,459,929.62
$1,459,929.62
$0.00
$1,459,929.62
Transportation Impact Fee Credit Agreement - CA-22-004 Page 14 of 23
Bar C Ranch Phase 8 3/7/2024
Paving
Item
Eligible
Completed
No.
Description
Unit
Quantity
Quantity
Unit Price
Credit Available
1
Remove Concrete Gurb & Gutter
LF
121
121
$
25.00
$
3,025.00
2
Hydrated Lime
TON
160
160
$
155.00
$
24,800.00
3
8" Lime Treatment
SY
7,630
7,630
$
3.65
$
27,849.50
4
4" Sidewalk Pavement
SY
6,386
6,386
$
5.50
$
35,123.00
5
Barrier Free Ramp Type P-1
EA
4
4
$
1,300.00
$
5,200.00
6
4" BRK Pavement Ma rki ng
LF
1,292
1,292
$
1.40
$
1,808.80
7
8" SLID Pavement Ma rki ng
LF
130
130
$
4.00
$
520.00
8
Aluminum Sign Ground
EA
2
2
$
475.00
$
950.00
9
8" Concrete Pavement
SY
7,140
7,140
$
41.55
$
296,667.00
10
Construct Type III Barricadew/ Rip Rap
EA
2
2
$
2,500.00
$
5,000.00
11
Remove Type III Barricade
EA
2
2
$
1,000.00
$
2,000.00
12
Pavement Header
LF
92
92
$
20.00
$
1,840.00
Paving Subtotal
$
404,783.30
Storm Drain
Item
Eligible
Completed
No.
Description
Unit
Quantity
Quantity
Unit Price
Credit Available
1
Trench Safety
LF
614
614
$
0.20
$
122.80
2
21" RCP, Class III
LF
102
102
$
53.10
$
5,416.20
3
24" RCP, Class III
LF
512
512
$
62.10
$
31,795.20
4
4' Storm Junction Box
EA
4
4
$
3,939.00
$
15,756.00
5
10' Recessed Curb Inlet
EA
4
4
$
4,284.00
$
17,136.00
6
Inlet Protection
EA
4
4
$
288.00
$
1,152.00
Storm Drain Subtotal
$
71,378.20
Street Light Improvements
Item
Eligible
No.
Description
Unit
Quantity
Quantity
Unit Price
Credit Available
1
2" Conduit PVC SCH 80
LF
392
392
$
7.84
$
3,073.28
2
Triplex CU Electric Conductor
LF
392
392
$
3.37
$
1,321.04
3
Roadway Illum. Assembly TY 18
EA
3
3
$
4,363.00
$
13,089.00
Street Lights Subtotal
$
17,483.32 I
Paving Subtotal $ 404,783.30
Storm Drain Subtotal $ 71,378.20
Street Lights Subtotal S 17,483.32
CONSTRUCTION SUBTOTAL $ 493,644.82
Other Eligible Items
Description
Engineering, Surveying and Material Testing 20% of Paving & Storm Drain $ 98,728.96
Total Value of Capacity Provided $ 592,373.78
Transportation Impact Fee Credit Agreement - CA-22-004 Page 15 of 23
Bar C Ranch Phase 8 3/7/2024
Existing Demand (Building Permits in Review) CPN 102179
Number of Permits
311
Street
MJUSreet
Permit No.
Collection
Rate
No
Credit Available
8700
Willowsun Way
PB22-05432
$
3,750.00
$
3,534,022.64
8616
Wildwest Dr
PB22-05473
$
3,750.00
$
3,530,272.64
8728
Wildwest Dr
PB22-05488
$
3,750.00
$
3,526,522.64
8724
Wildwest Dr
PB22-05491
$
3,750.00
$
3,522,772.64
8720
Wildwest Dr
PB22-05493
$
3,750.00
$
3,519,022.64
8732
Wildwest Dr
PB22-05495
$
3,750.00
$
3,515,272.64
8709
Willowsun Way
PB22-05420
$
3,750.00
$
3,511,522.64
8704
Willowsun Way
PB22-05427
$
3,750.00
$
3,507,772.64
8701
Willowsun Way
PB22-05430
$
3,750.00
$
3,504,022.64
8500
Wildwest Dr
PB22-05658
$
3,750.00
$
3,500,272.64
8504
Wildwest Dr
PB22-05660
$
3,750.00
$
3,496,522.64
8508
Wildwest Dr
PB22-05663
$
3,750.00
$
3,492,772.64
8605
Wildwest Dr
PB22-05651
$
3,750.00
$
3,489,022.64
8609
Wildwest Dr
PB22-05653
$
3,750.00
$
3,485,272.64
8612
Wildwest Dr
PB22-05654
$
3,750.00
$
3,481,522.64
8621
Wildwest Dr
PB22-05656
$
3,750.00
$
3,477,772.64
8701
Wildwest Dr
PB22-05657
$
3,750.00
$
3,474,022.64
8729
Wildwest Dr
PB22-05453
$
3,750.00
$
3,470,272.64
8712
Willowsun Way
PB22-05623
$
3,750.00
$
3,466,522.64
8725
Willowsun Way
PB22-05391
$
3,750.00
$
3,462,772.64
413
Crowfood Dr
PB22-05626
$
3,750.00
$
3,459,022.64
313
Youngblood Ln
PB22-04951
$
3,750.00
$
3,455,272.64
8501
Trickham Bend
PB22-04719
$
3,750.00
$
3,451,522.64
8505
Trickham Bend
PB22-04721
$
3,750.00
$
3,447,772.64
8509
Trickham Bend
PB22-04869
$
3,750.00
$
3,444,022.64
8513
Trickham Bend
PB22-04871
$
3,750.00
$
3,440,272.64
8609
Horseshoe Hill Court
PB22-04873
$
3,750.00
$
3,436,522.64
8613
Horseshoe Hill Court
PB22-04874
$
3,750.00
$
3,432,772.64
8609
Horseshoe Hill Court
PB22-04873
$
3,750.00
$
3,429,022.64
8613
Horseshoe Hill Court
PB22-04874
$
3,750.00
$
3,425,272.64
8608
Horseshoe Hill Court
PB22-04877
$
3,750.00
$
3,421,522.64
8604
Horseshoe Hill Court
PB22-04878
$
3,750.00
$
3,417,772.64
8600
Horseshoe Hill Court
PB22-04882
$
3,750.00
$
3,414,022.64
8601
Jace Court
PB22-04883
$
3,750.00
$
3,410,272.64
8605
Jace Court
PB22-04886
$
3,750.00
$
3,406,522.64
8612
Jace Court
PB22-04893
$
3,750.00
$
3,402,772.64
8608
Jace Court
PB22-04887
$
3,750.00
$
3,399,022.64
8549
Trickham Bend
PB22-05442
$
3,750.00
$
3,395,272.64
8553
Trickham Bend
PB22-04899
$
3,750.00
$
3,391,522.64
8628
Caldera Lane
PB22-04947
$
3,750.00
$
3,387,772.64
8629
Caldera Lane
PB22-04903
$
3,750.00
$
3,384,022.64
8633
Caldera Lane
PB22-04909
$
3,750.00
$
3,380,272.64
8540
Trickham Bend
PB22-04972
$
3,750.00
$
3,376,522.64
301
Crowfood Dr
PB22-04921
$
3,750.00
$
3,372,772.64
309
Crowfood Dr
PB22-04925
$
3,750.00
$
3,369,022.64
Transportation Impact Fee Credit Agreement - CA-22-004 Page 16 of 23
Bar C Ranch Phase 8 3/7/2024
Existing Demand (Building Permits in Review) CPN 102179
Number of Permits
311
Street
Street
Permit No.
Collection
Rate
No
Credit Available
408
Drowsy Water Trl
PB22-05015
$
3,750.00
$
3,365,272.64
8640
Caldera Lane
PB22-04938
$
3,750.00
$
3,361,522.64
8636
Caldera Lane
PB22-04940
$
3,750.00
$
3,357,772.64
8632
Caldera Lane
PB22-04945
$
3,750.00
$
3,354,022.64
8624
Caldera Lane
PB22-04948
$
3,750.00
$
3,350,272.64
8620
Caldera Lane
PB22-04955
$
3,750.00
$
3,346,522.64
8616
Caldera Lane
PB22-04961
$
3,750.00
$
3,342,772.64
8612
Caldera Lane
PB22-05003
$
3,750.00
$
3,339,022.64
8608
Caldera Lane
PB22-05006
$
3,750.00
$
3,335,272.64
8604
Caldera Lane
PB22-04939
$
3,750.00
$
3,331,522.64
8600
Caldera Lane
PB22-04942
$
3,750.00
$
3,327,772.64
8517
Trickham Bend
PB22-04872
$
3,750.00
$
3,324,022.64
309
Youngblood Ln
PB22-04950
$
3,750.00
$
3,320,272.64
313
Youngblood Ln
PB22-04951
$
3,750.00
$
3,316,522.64
317
Youngblood Ln
PB22-04953
$
3,750.00
$
3,312,772.64
321
Youngblood Ln
PB22-04956
$
3,750.00
$
3,309,022.64
329
Youngblood Ln
PB22-04958
$
3,750.00
$
3,305,272.64
333
Youngblood Ln
PB22-04962
$
3,750.00
$
3,301,522.64
337
Youngblood Ln
PB22-04964
$
3,750.00
$
3,297,772.64
341
Youngblood Ln
PB22-04965
$
3,750.00
$
3,294,022.64
436
Drowsy Water Trl
PB22-05005
$
3,750.00
$
3,290,272.64
432
Drowsy Water Trl
PB22-05007
$
3,750.00
$
3,286,522.64
428
Drowsy Water Trl
PB22-05009
$
3,750.00
$
3,282,772.64
424
Drowsy Water Trl
PB22-05066
$
3,750.00
$
3,279,022.64
420
Drowsy Water Trl
PB22-05010
$
3,750.00
$
3,275,272.64
416
Drowsy Water Trl
PB22-05064
$
3,750.00
$
3,271,522.64
412
Drowsy Water Trl
PB22-05013
$
3,750.00
$
3,267,772.64
408
Drowsy Water Trl
PB22-05015
$
3,750.00
$
3,264,022.64
404
Drowsy Water Trl
PB22-05069
$
3,750.00
$
3,260,272.64
400
Drowsy Water Trl
PB22-05018
$
3,750.00
$
3,256,522.64
401
Drowsy Water Trl
PB22-05068
$
3,750.00
$
3,252,772.64
405
Drowsy Water Trl
PB22-05016
$
3,750.00
$
3,249,022.64
409
Drowsy Water Trl
PB22-05014
$
3,750.00
$
3,245,272.64
413
Drowsy Water Trl
PB22-05067
$
3,750.00
$
3,241,522.64
417
Drowsy Water Trl
PB22-05011
$
3,750.00
$
3,237,772.64
8701
Cavvietta Court
PB22-05071
$
3,750.00
$
3,234,022.64
8705
Cavvietta Court
PB22-04989
$
3,750.00
$
3,230,272.64
8709
Cavvietta Court
PB22-05070
$
3,750.00
$
3,226,522.64
8713
Cavvietta Court
PB22-05032
$
3,750.00
$
3,222,772.64
8725
Boulder Oak Blvd
PB22-04978
$
3,750.00
$
3,219,022.64
8724
Boulder Oak Blvd
PB22-04968
$
3,750.00
$
3,215,272.64
8720
Boulder Oak Blvd
PB22-04963
$
3,750.00
$
3,211,522.64
8716
Boulder Oak Blvd
PB22-05025
$
3,750.00
$
3,207,772.64
8712
Boulder Oak Blvd
PB22-04957
$
3,750.00
$
3,204,022.64
8708
Boulder Oak Blvd
PB22-04954
$
3,750.00
$
3,200,272.64
Transportation Impact Fee Credit Agreement - CA-22-004 Page 17 of 23
Bar C Ranch Phase 8 3/7/2024
Existing Demand (Building Permits in Review) CPN 102179
Number of Permits
311
Street
MJU�S�treet
Permit No.
Collection
Rate
No
Credit Available
8701
Boulder Oak Blvd
PB22-05031
$
3,750.00
$
3,196,522.64
8705
Boulder Oak Blvd
PB22-05028
$
3,750.00
$
3,192,772.64
8709
Boulder Oak Blvd
PB22-05027
$
3,750.00
$
3,189,022.64
8713
Boulder Oak Blvd
PB22-05026
$
3,750.00
$
3,185,272.64
8717
Boulder Oak Blvd
PB22-04959
$
3,750.00
$
3,181,522.64
8721
Boulder Oak Blvd
PB22-05021
$
3,750.00
$
3,177,772.64
8709
Wildwest Dr
PB22-05463
$
3,750.00
$
3,174,022.64
8712
Wildwest Dr
PB22-05480
$
3,750.00
$
3,170,272.64
8716
Wildwest Dr
PB22-05482
$
3,750.00
$
3,166,522.64
8740
Wildwest Dr
PB22-05145
$
3,750.00
$
3,162,772.64
516
Drowsy Water Trl
PB22-05412
$
3,750.00
$
3,159,022.64
512
Drowsy Water Trl
PB22-05411
$
3,750.00
$
3,155,272.64
508
Drowsy Water Trl
PB22-05406
$
3,750.00
$
3,151,522.64
504
Drowsy Water Trl
PB22-05404
$
3,750.00
$
3,147,772.64
500
Drowsy Water Trl
PB22-05402
$
3,750.00
$
3,144,022.64
8737
Willowsun Way
PB22-05379
$
3,750.00
$
3,140,272.64
8733
Willowsun Way
PB22-05381
$
3,750.00
$
3,136,522.64
8729
Willowsun Way
PB22-05386
$
3,750.00
$
3,132,772.64
8721
Willowsun Way
PB22-05400
$
3,750.00
$
3,129,022.64
8717
Willowsun Way
PB22-05407
$
3,750.00
$
3,125,272.64
8713
Willowsun Way
PB22-05416
$
3,750.00
$
3,121,522.64
8705
Willowsun Way
PB22-05426
$
3,750.00
$
3,117,772.64
8633
Willowsun Way
PB22-05434
$
3,750.00
$
3,114,022.64
8629
Willowsun Way
PB22-05436
$
3,750.00
$
3,110,272.64
8625
Willowsun Way
PB22-05440
$
3,750.00
$
3,106,522.64
8621
Willowsun Way
PB22-05450
$
3,750.00
$
3,102,772.64
8617
Willowsun Way
PB22-05456
$
3,750.00
$
3,099,022.64
8620
Willowsun Way
PB22-05452
$
3,750.00
$
3,095,272.64
8624
Willowsun Way
PB22-05449
$
3,750.00
$
3,091,522.64
8628
Willowsun Way
PB22-05438
$
3,750.00
$
3,087,772.64
8708
Willowsun Way
PB22-05422
$
3,750.00
$
3,084,022.64
8716
Willowsun Way
PB22-05413
$
3,750.00
$
3,080,272.64
8720
Willowsun Way
PB22-05403
$
3,750.00
$
3,076,522.64
8724
Willowsun Way
PB22-05395
$
3,750.00
$
3,072,772.64
413
Crowfood Dr
PB22-05626
$
3,750.00
$
3,069,022.64
444
Drowsy Water Trl
PB22-05002
$
3,750.00
$
3,065,272.64
448
Drowsy Water Trl
PB22-05000
$
3,750.00
$
3,061,522.64
452
Drowsy Water Trl
PB22-05065
$
3,750.00
$
3,057,772.64
456
Drowsy Water Trl
PB22-05393
$
3,750.00
$
3,054,022.64
8728
Willowsun Way
PB22-05389
$
3,750.00
$
3,050,272.64
8729
Boulder Oak Blvd
PB22-04979
$
3,750.00
$
3,046,522.64
8732
Willowsun Way
PB22-05383
$
3,750.00
$
3,042,772.64
8509
Wildwest Dr
PB22-05421
$
3,750.00
$
3,039,022.64
8600
Wildwest Dr
PB22-05415
$
3,750.00
$
3,035,272.64
8601
Wildwest Dr
PB22-05417
$
3,750.00
$
3,027,772.64
Transportation Impact Fee Credit Agreement - CA-22-004 Page 18 of 23
Bar C Ranch Phase 8 3/7/2024
Existing Demand (Building Permits in Review) CPN 102179
Number of Permits
311
Street
MJU�S�treet
Permit No.
Collection
Rate
No
Credit Available
8604
Willowsun Way
PB22-05460
$
3,750.00
$
3,024,022.64
8608
Wildwest Dr
PB22-05472
$
3,750.00
$
3,020,272.64
8613
Wildwest Dr
PB22-05470
$
3,750.00
$
3,016,522.64
8617
Wildwest Dr
PB22-05466
$
3,750.00
$
3,012,772.64
8620
Wildwest Dr
PB22-05467
$
3,750.00
$
3,009,022.64
8700
Wildwest Dr
PB22-05155
$
3,750.00
$
3,005,272.64
8704
Wildwest Dr
PB22-05448
$
3,750.00
$
3,001,522.64
8705
Wildwest Dr
PB22-05464
$
3,750.00
$
2,997,772.64
8708
Wildwest Dr
PB22-05474
$
3,750.00
$
2,994,022.64
8713
Wildwest Dr
PB22-05455
$
3,750.00
$
2,990,272.64
8717
Wildwest Dr
PB22-05459
$
3,750.00
$
2,986,522.64
8721
Wildwest Dr
PB22-05461
$
3,750.00
$
2,982,772.64
8725
Wildwest Dr
PB22-05159
$
3,750.00
$
2,979,022.64
8733
Wildwest Dr
PB22-05158
$
3,750.00
$
2,975,272.64
8737
Wildwest Dr
PB22-05150
$
3,750.00
$
2,971,522.64
8740
Wildwest Dr
PB22-05155
$
3,750.00
$
2,967,772.64
8741
Wildwest Dr
PB22-05146
$
3,750.00
$
2,964,022.64
8612
Horseshoe Hill Court
PB22-17786
$
3,750.00
$
2,960,272.64
8613
Jace Court
PB22-17787
$
3,750.00
$
2,956,522.64
8700
Cavvietta Court
PB22-17788
$
3,750.00
$
2,952,772.64
308
Crowfood Dr
PB22-17793
$
3,750.00
$
2,949,022.64
312
Crowfood Dr
PB22-17794
$
3,750.00
$
2,945,272.64
316
Crowfood Dr
PB22-17796
$
3,750.00
$
2,941,522.64
324
Crowfood Dr
PB22-17797
$
3,750.00
$
2,937,772.64
325
Crowfood Dr
PB22-17799
$
3,750.00
$
2,934,022.64
405
Crowfood Dr
PB22-17803
$
3,750.00
$
2,930,272.64
409
Crowfood Dr
PB22-17804
$
3,750.00
$
2,926,522.64
8616
Willowsun Way
PB22-17806
$
3,750.00
$
2,922,772.64
8801
Russano Rd
PB22-17808
$
3,750.00
$
2,919,022.64
320
Crowfood Dr
PB22-17914
$
3,750.00
$
2,915,272.64
8616
Jace Court
PB22-17916
$
3,750.00
$
2,911,522.64
8545
Trickham Bend
PB22-04988
$
3,750.00
$
2,907,772.64
8804
Russano Rd
PB22-05063
$
3,750.00
$
2,904,022.64
8808
Russano Rd
PB22-04997
$
3,750.00
$
2,900,272.64
8812
Russano Rd
PB22-05062
$
3,750.00
$
2,896,522.64
8820
Russano Rd
PB22-04996
$
3,750.00
$
2,892,772.64
8824
Russano Rd
PB22-94992
$
3,750.00
$
2,889,022.64
8828
Russano Rd
PB22-05061
$
3,750.00
$
2,885,272.64
520
Drowsy Water Trl
PB23-03761
$
3,750.00
$
2,881,522.64
524
Drowsy Water Trl
PB23-03762
$
3,750.00
$
2,877,772.64
528
Drowsy Water Trl
PB23-03764
$
3,750.00
$
2,874,022.64
532
Drowsy Water Trl
PB23-03766
$
3,750.00
$
2,870,272.64
429
Passenger Trail
PB23-12544
$
3,750.00
$
2,866,522.64
433
Passenger Trail
PB23-12545
$
3,750.00
$
2,862,772.64
501
Passenger Trail
PB23-12550
$
3,750.00
$
2,859,022.64
Transportation Impact Fee Credit Agreement - CA-22-004 Page 19 of 23
Bar C Ranch Phase 8 3/7/2024
Existing Demand (Building Permits in Review) CPN 102179
Number of Permits
311
Street
MJU�S�treet
Permit No.
Collection
Rate
No
Credit Available
405
Prairie Clover Trl
PB23-12561
$
3,750.00
$
2,855,272.64
8900
Boulder Oak Blvd
PB23-12525
$
3,750.00
$
2,851,522.64
8901
Boulder Oak Blvd
PB23-12528
$
3,750.00
$
2,847,772.64
8905
Boulder Oak Blvd
PB23-12530
$
3,750.00
$
2,844,022.64
8908
Boulder Oak Blvd
PB23-12531
$
3,750.00
$
2,840,272.64
8909
Boulder Oak Blvd
PB23-12532
$
3,750.00
$
2,836,522.64
8912
Boulder Oak Blvd
PB23-12533
$
3,750.00
$
2,832,772.64
8913
Boulder Oak Blvd
PB23-12535
$
3,750.00
$
2,829,022.64
8916
Boulder Oak Blvd
PB23-12537
$
3,750.00
$
2,825,272.64
8917
Boulder Oak Blvd
PB23-12538
$
3,750.00
$
2,821,522.64
8920
Boulder Oak Blvd
PB23-12540
$
3,750.00
$
2,817,772.64
8921
Boulder Oak Blvd
PB23-12543
$
3,750.00
$
2,814,022.64
437
Passenger Trail
PB23-12546
$
3,750.00
$
2,810,272.64
441
Passenger Trail
PB23-12548
$
3,750.00
$
2,806,522.64
505
Passenger Trail
PB23-12551
$
3,750.00
$
2,802,772.64
509
Passenger Trail
PB23-12553
$
3,750.00
$
2,799,022.64
513
Passenger Trail
PB23-12554
$
3,750.00
$
2,795,272.64
517
Passenger Trail
PB23-12555
$
3,750.00
$
2,791,522.64
521
Passenger Trail
PB23-12557
$
3,750.00
$
2,787,772.64
525
Passenger Trail
PB23-12558
$
3,750.00
$
2,784,022.64
8900
Trumpeter Ln
PB23-12566
$
3,750.00
$
2,780,272.64
8904
Trumpeter Ln
PB23-12567
$
3,750.00
$
2,776,522.64
8908
Trumpeter Ln
PB23-12568
$
3,750.00
$
2,772,772.64
8912
Trumpeter Ln
PB23-12569
$
3,750.00
$
2,769,022.64
428
Prairie Clover Trl
PB23-13764
$
3,750.00
$
2,765,272.64
432
Prairie Clover Trl
PB23-13765
$
3,750.00
$
2,761,522.64
436
Prairie Clover Trl
PB23-13766
$
3,750.00
$
2,757,772.64
500
Prairie Clover Trl
PB23-13767
$
3,750.00
$
2,754,022.64
504
Prairie Clover Trl
PB23-13768
$
3,750.00
$
2,750,272.64
508
Prairie Clover Trl
PB23-13769
$
3,750.00
$
2,746,522.64
516
Prairie Clover Trl
PB23-13771
$
3,750.00
$
2,742,772.64
520
Prairie Clover Trl
PB23-13772
$
3,750.00
$
2,739,022.64
524
Prairie Clover Trl
PB23-13773
$
3,750.00
$
2,735,272.64
528
Prairie Clover Trl
PB23-13775
$
3,750.00
$
2,731,522.64
600
Prairie Clover Trl
PB23-13778
$
3,750.00
$
2,727,772.64
612
Prairie Clover Trl
PB23-13779
$
3,750.00
$
2,724,022.64
616
Prairie Clover Trl
PB23-13780
$
3,750.00
$
2,720,272.64
625
Passenger Trail
PB23-13782
$
3,750.00
$
2,716,522.64
629
Passenger Trail
PB23-13783
$
3,750.00
$
2,712,772.64
8900
Rue Royal Ln
PB23-13785
$
3,750.00
$
2,709,022.64
8908
Rue Royal Ln
PB23-13787
$
3,750.00
$
2,705,272.64
8912
Rue Royal Ln
PB23-13788
$
3,750.00
$
2,701,522.64
8916
Rue Royal Ln
PB23-13789
$
3,750.00
$
2,697,772.64
401
Prairie Clover Trl
PB23-12560
$
3,750.00
$
2,694,022.64
409
Prairie Clover Trl
PB23-12562
$
3,750.00
$
2,690,272.64
Transportation Impact Fee Credit Agreement - CA-22-004 Page 20 of 23
Bar C Ranch Phase 8 3/7/2024
Existing Demand (Building Permits in Review) CPN 102179
Number of Permits
311
Street
Street
Permit No.
Collection
Rate
No
Credit Available
413
Prairie Clover Trl
PB23-12564
$
3,750.00
$
2,686,522.64
512
Prairie Clover Trl
PB23-13814
$
3,750.00
$
2,682,772.64
8921
Rue Royal Ln
PB23-13792
$
3,750.00
$
2,679,022.64
8901
Trumpeter Ln
PB23-13794
$
3,750.00
$
2,675,272.64
8905
Trumpeter Ln
PB23-13796
$
3,750.00
$
2,671,522.64
8909
Trumpeter Ln
PB23-13798
$
3,750.00
$
2,667,772.64
8913
Trumpeter Ln
PB23-13800
$
3,750.00
$
2,664,022.64
8917
Trumpeter Ln
PB23-13802
$
3,750.00
$
2,660,272.64
8920
Trumpeter Ln
PB23-13804
$
3,750.00
$
2,656,522.64
8921
Trumpeter Ln
PB23-13806
$
3,750.00
$
2,652,772.64
8924
Trumpeter Ln
PB23-13807
$
3,750.00
$
2,649,022.64
400
Prairie Clover Trl
PB23-14139
$
3,750.00
$
2,645,272.64
604
Prairie Clover Trl
PB23-14140
$
3,750.00
$
2,641,522.64
608
Passenger Trail
PB23-14141
$
3,750.00
$
2,637,772.64
617
Passenger Trail
PB23-14142
$
3,750.00
$
2,634,022.64
621
Passenger Trail
PB23-14143
$
3,750.00
$
2,630,272.64
641
Passenger Trail
PB23-14144
$
3,750.00
$
2,626,522.64
8901
Rue Royal Ln
PB23-14145
$
3,750.00
$
2,622,772.64
8909
Rue Royal Ln
PB23-14146
$
3,750.00
$
2,619,022.64
8913
Rue Royal Ln
PB23-14147
$
3,750.00
$
2,615,272.64
8920
Rue Royal Ln
PB23-14148
$
3,750.00
$
2,611,522.64
8924
Rue Royal Ln
PB23-14149
$
3,750.00
$
2,607,772.64
8925
Rue Royal Ln
PB23-14150
$
3,750.00
$
2,604,022.64
8916
Trumpeter Ln
PB23-14151
$
3,750.00
$
2,600,272.64
8925
Trumpeter Ln
PB23-14152
$
3,750.00
$
2,596,522.64
401
Passenger Trail
PB23-15703
$
3,750.00
$
2,592,772.64
404
Prairie Clover Trl
PB23-15704
$
3,750.00
$
2,589,022.64
405
Passenger Trail
PB23-15705
$
3,750.00
$
2,585,272.64
408
Prairie Clover Trl
PB23-15706
$
3,750.00
$
2,581,522.64
409
Prairie Clover Trl
PB23-15707
$
3,750.00
$
2,577,772.64
412
Passenger Trail
PB23-15709
$
3,750.00
$
2,574,022.64
413
Passenger Trail
PB23-15711
$
3,750.00
$
2,570,272.64
416
Passenger Trail
PB23-15713
$
3,750.00
$
2,566,522.64
417
Passenger Trail
PB23-15714
$
3,750.00
$
2,562,772.64
420
Prairie Clover Trl
PB23-15715
$
3,750.00
$
2,559,022.64
421
Passenger Trail
PB23-15716
$
3,750.00
$
2,555,272.64
425
Passenger Trail
PB23-15717
$
3,750.00
$
2,551,522.64
628
Passenger Trail
PB23-15763
$
3,750.00
$
2,547,772.64
637
Passenger Trail
PB23-14346
$
3,750.00
$
2,544,022.64
412
Prairie Clover Trl
PB23-15943
$
3,750.00
$
2,540,272.64
424
Prairie Clover Trl
PB23-15935
$
3,750.00
$
2,536,522.64
608
Prairie Clover Trl
PB23-15936
$
3,750.00
$
2,532,772.64
620
Prairie Clover Trl
PB23-15937
$
3,750.00
$
2,529,022.64
620
Passenger Trail
PB23-15941
$
3,750.00
$
2,525,272.64
624
Passenger Trail
PB23-15942
$
3,750.00
$
2,521,522.64
Transportation Impact Fee Credit Agreement - CA-22-004 Page 21 of 23
Bar C Ranch Phase 8 3/7/2024
Existing Demand (Building Permits in Review) CPN 102179
Number of Permits
311
Street
Street
Permit No.
Collection
Rate
No
Credit Available
644
Passenger Trail
PB23-15943
$
3,750.00
$
2,517,772.64
628
Prairie Clover Trl
PB23-16694
$
3,750.00
$
2,514,022.64
632
Prairie Clover Trl
PB23-16696
$
3,750.00
$
2,510,272.64
636
Prairie Clover Trl
PB23-16700
$
3,750.00
$
2,506,522.64
645
Passenger Trail
PB23-16701
$
3,750.00
$
2,502,772.64
700
Prairie Clover Trl
PB23-16703
$
3,750.00
$
2,499,022.64
704
Prairie Clover Trl
PB23-16704
$
3,750.00
$
2,495,272.64
708
Prairie Clover Trl
PB23-16706
$
3,750.00
$
2,491,522.64
712
Prairie Clover Trl
PB23-16708
$
3,750.00
$
2,487,772.64
529
Passenger Trail
PB23-17141
$
3,750.00
$
2,484,022.64
533
Passenger Trail
PB23-17142
$
3,750.00
$
2,480,272.64
545
Passenger Trail
PB23-17147
$
3,750.00
$
2,476,522.64
601
Passenger Trail
PB23-17150
$
3,750.00
$
2,472,772.64
605
Passenger Trail
PB23-17152
$
3,750.00
$
2,469,022.64
609
Passenger Trail
PB23-17153
$
3,750.00
$
2,465,272.64
613
Passenger Trail
PB23-17155
$
3,750.00
$
2,461,522.64
716
Prairie Clover Trl
PB23-17157
$
3,750.00
$
2,457,772.64
720
Prairie Clover Trl
PB23-17159
$
3,750.00
$
2,454,022.64
537
Passenger Trail
PB23-17144
$
3,750.00
$
2,450,272.64
541
Passenger Trail
PB23-17146
$
3,750.00
$
2,446,522.64
8904
Snowshoe Ct
PB23-17160
$
3,750.00
$
2,442,772.64
8905
Snowshoe Ct
PB23-17161
$
3,750.00
$
2,439,022.64
8908
Snowshoe Ct
PB23-17162
$
3,750.00
$
2,435,272.64
8909
Snowshoe Ct
PB23-17163
$
3,750.00
$
2,431,522.64
8912
Snowshoe Ct
PB23-17164
$
3,750.00
$
2,427,772.64
8913
Snowshoe Ct
PB23-17166
$
3,750.00
$
2,424,022.64
8916
Snowshoe Ct
PB23-17168
$
3,750.00
$
2,420,272.64
8917
Snowshoe Ct
PB23-17169
$
3,750.00
$
2,416,522.64
621
Prairie Clover Trl
PB23-17339
$
3,750.00
$
2,412,772.64
724
Prairie Clover Trl
PB23-17340
$
3,750.00
$
2,409,022.64
728
Prairie Clover Trl
PB23-17341
$
3,750.00
$
2,405,272.64
624
Prairie Clover Trl
PB23-17312
$
3,750.00
$
2,401,522.64
732
Prairie Clover Trl
PB23-17344
$
3,750.00
$
2,397,772.64
736
Prairie Clover Trl
PB23-17345
$
3,750.00
$
2,394,022.64
737
Prairie Clover Trl
PB23-17348
$
3,750.00
$
2,390,272.64
740
Prairie Clover Trl
PB23-17349
$
3,750.00
$
2,386,522.64
741
Prairie Clover Trl
PB23-17350
$
3,750.00
$
2,382,772.64
745
Prairie Clover Trl
PB23-17352
$
3,750.00
$
2,379,022.64
749
Prairie Clover Trl
PB23-17353
$
3,750.00
$
2,375,272.64
733
Prairie Clover Trl
PB23-17565
$
3,750.00
$
2,371,522.64
Existing Demand , MM
Transportation Impact Fee Credit Agreement - CA-22-004
Bar C Ranch Phase 8
Credit Remaining $ 866,053.40
$1,166,250.00 1
Page 22 of 23
3/7/2024
EXHIBIT F
Allocation of Credits
Credit shall be allocated on a first -come, first -served basis within the preliminary plat boundary of
Bar C Ranch, PP-18-061
VKIP4ITY NAP
I1114If TO 1E"uc w amanm
v
y _
- s
Transportation Impact Fee Credit Agreement - CA-22-004 Page 23 of 23
Bar C Ranch Phase 8 3/7/2024