HomeMy WebLinkAboutIR 7118 INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 7118
May 2T, 1986
ofookr To the Mayor and Members of the City Council
Subject: UPDATE ON POLICY FOR THE INSTALLATION OF. COMMUNITY FACILITIES
GRACE PERIOD
On May 6, 1986, Informal Report No. 7115, was submitted to the City
Council which identified twelve community facilities agreements which
were returned to the City fully executed and bonded by the developer
prior to April 7, 1986, but for various reasons were not processed and
approved by the City Council prior to that date. During discussion of
that Informal Report, the City Council requested a report comparing the
City's cost if these twelve community facilities agreements were pro-
cessed based on the 'Policies in effect prior to January 7, 1986,
assuring the City would pay for upgrading of the pavement sections to
meet current design standards, and the current development policies.
The Transportation and Public Works staff has reviewed each of the
twelve agreements and their findings are detailed on the attached
report. Five of the twelve agreements involve no change in City
funding. The other seven agreements would result in an expenditure of
$289,394 by the City if the old policy is applied.
If Council desires additional information, it will be provided upon
00,11 request.
Harman
C
uglas H
'm
City M C
ity Manager
DH:kcn
Attachment
ISSUED BY THE CITY MANAGER FORT 'WORTH, TEXAS
`
^ STREET AND STORM DRAIN COSTS
�
Old Policy Plus Pavement Upgrading vs. New Hdicy
Pending Community Facilities Agreenont
May 12, 1996
---------------------------- -------------------|----------------|------------------)-------------------|
| | | | Differenco in Cib (
| City Share Cost Based | | Sharp Cost �twee 0d
Date CFA C
|
| Returned by Developer | on Old Policy Plus | City Share Cost | Policy Plus PavemFnt �
Project Nate | to City | Pavement Upgrading | Based on New Policy "Upgrading amd New Policy |
-------------------------------|-------------------|--------------|'--------------|-----------------|
2. Academy Corners | 04-07-86 | V | V | V �
%. Candloridge West Addition ( 09-$9-85 | 24,136 | 24`136 | ; |
Sycamore School Road Ext. | | | | |
| | | | |
I Dabney Addition | 0-14-06 | 11116/676 Y 295,751-1 | 20,921 '
| | | | |
4. E.Y. Square | 0~29-86 | 27'028 (A) | V | 27,028 (A) /
| ) | | |
5. Hacienda ��ile H�e ��k | O4-O3-O6 | 8/816 0> | O
| | | | }
6^ Handley [dery Ue Road from | 02-21-86 | 3,767rE00 i 3,767/00
Jack Newell Blvd. South | | | | |
to Ramdd\ Mill Road
O
��`
. River Trails Addition | 03-27~86 | 95'67Z | 52,72,'! | 43,�� /
Phases 2A & 28
I SAme fields Addition Phase Y}| 01~09-86 25,605 (C) | O
Section IV-A
| | | | |
9. Summerfimlds Addition | 03-20~86 | 127,736 (U) | 45,124 | Q2,612 (D) |
Ph. VI, Section lV-D Unit D | | | | |
| | | | |
I0.Western Meadows Addition / 04-0*-86 | 283,617 | 202.546 D1.d71 |
Phase
| | | | |
1LDom White Property 03-06-66 | 111`9J6
| | | | |
42.Rlchlane 6ardpns Addition 03-28-86 | 0
----------------------------------- -------------------|----------------------|-------------------------------------|
|
TOTAL $27 .398 '
------------------------------------------------
(A7Inc\vdes $25,310 for pavement upgrading,
(D}lnclu�es $ �.775 for pavement ugradiug.
�9)lncludns $25`605 for pavement upgrading.
�
�D)lnclm6es Vi7/920 for pavement upgrading,