HomeMy WebLinkAboutContract 62104CSCO NO. 62104
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, Ware Vista Southgate #1, LP, a Texas Limited Partnership company ("Ware Vista")
authorized to do business in Texas and Bomac McAlister Investments, LLC, a Texas Limited
Liability company (`Bomac") authorized to do business in Texas (the "Owners") (the City and the
Owners a "Party", and collectively, the "Parties").
RECITALS
WHEREAS, the Owners are the owners of approximately 21.8787 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 Owners desire 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 Z; 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, Owners have dedicated the right-of-way and constructed the transportation
improvements shown on Exhibit "D" for which credits against transportation impact fees shall be
granted; and
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Transportation Impact Fee Credit Agreement- CA-20-005 Page 1 of 28
Southgate Marketplace 10/04/2024
WHEREAS, the Owners have dedicated 49,191 square feet of right-of-way for McAlister
Road with FP-19-068, recorded as Instrument D220035276, 2/12/2020; and
WHEREAS, the Owners have received final plat approval for Southgate Marketplace FP-
20-001 CP, recorded as Instrument D220067166, on 3/20/2020; and
WHEREAS, the Owners have received final plat approval for Lot 2, Block 1, McAlister
35 Addition FP-20-024, recorded as Instrument D222058558, on 3/3/2022; and
WHEREAS, the Owners have received final plat approval for Southgate Marketplace FP-
21-101, recorded as Instrument D221377983, on 12/28/2021; and
WHEREAS, the Owners have received final plat approval for McAlister 35 Sec Addition
FP-23-225, recorded as Instrument D22408601, on 5/16/2024; and
WHEREAS, the Owners have received approval for construction plans IPRC 19-0145 on
3/3/2020, and executed a Community Facilities Agreement (CFA19-0093, CSCO 53510), on
2/7/2020, and obtained final acceptance by the City for Southgate Marketplace Phase 1, City
Project Number 102205 on 8/10/2021.
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 Owners
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. Owners dedicated the right-of-way for and
constructed the system facilities identified in Exhibit "D" that have been 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
Transportation Impact Fee Credit Agreement- CA-20-005 Page 2 of 28
Southgate Marketplace 10/04/2024
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.
6. Term and Effective Date. The term of this Agreement shall be ten (10) years from
its Effective Date.
7. Assimnment. 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-20-005 Page 3 of 28
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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
T�c� �l�G
Dana Burghdoff(Oct6;20242 . CDT)
Dana Burghdoff
Assistant City Manager
Date: Oct 9, 2024
Recommended By:
Dalton Harrell rct 8, 202413:11 CDT)
DJ Harrell
Director, Development Services
Approved as to Form and Legality:
Douglas Black (Oct 9, 2024 08:40 CDT)
Douglas Black
Assistant City Attorney
M&C: None required
Form 1295: None required
FORt�add
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Jannette Goodall
City Secretary
OWNERS
Ware Vista Southgate #1, LP
By: VPC GP, Inc, a Texas corporation
Its General Partner
C&41:vyv wrc46ct
Colton Wright (Oct 4, 2e417:22 CDT)
Colton Wright
Vice President
Bomac McAlister Investments, LLC
Hradford Bowen
Bradford Bowen (Oct 8, 202410:50 CDT)
Bradford H. Bowen
Manager
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.
nifer Ro erts (Oct 4, 202415:43 CDT)
Jennifer H. Roberts
Assistant Director,
Development Services Department
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
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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
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EXHIBIT A
Description of Property
The property subject to this agreement is made up of five final plats for a total acreage of
21.8787 AC, described as follows:
FP- 19-068-Southgate Marketplace
Tract 1
R-fiERE?lS, Northstar Farms, Inc. and Rare Vista Southgate 91. L.P. are the owners of those same tracts of land situated in the J. Martin Survey.
Abstract No. 1017, in the City of Fort Worth. Tarrant County. Texas. beme a portion of that same tract of land conveyed to Northstar Farms. Ins. by
deed recorded in Document No. D214268691, of the Official Public Records of Tarrant County. Texas (O.P R T.C.T.). and being a portion of that same
tract of land conveyed to Ware Vista Southgate *1, L.P. by deed recorded in Document No. D219056427. O.P.R.T.C.T.. being a portion of Lot L Block
1 of Conveyor Addition, an addition to the Cite of Fort Worth. Tarrant County. Texas. according to the Plat thereof recorded in Document No
DI73090812 of the Plat Records of Tarrant County. Texas (P.R.T C.T.). and being more particularly described by metes and bounds as follows
(Bearings and distances are based on the State Plane Coordinate System_ Texas North Central Zone (4202) North American Datum of 1983 (NAD
83)(US Foot) with a combined scale factor of 1.00012):
COADIENC'LNG at a 5 8 inch rebar found for the Southwest comer of said Lot 1. same and lying on the East right-of-way line of South Freeway
(variable width public right-of-way) and being the beginning of a curve to the right- having a central angle of 15 Degrees 09 Minutes 09 Seconds . a
radius of 934.93 feet and a chord bearing and distance of North 06 Degrees 10 Minutes 43 Seconds East. 245.45 feet,
THENCE, in a northerly direction. along said curve to the right, and with the East right-of-way line of said South Freeway. an arc length of 246.16 feet
to a 1 2 inch rebar with a cap stamped '"aSC" set for the southwest comer and POII�-T OF BEGE1NNG of the herein described tract, being the
beginning of a continuation curve to the right, having a central angle of 00 Degrees 56 Minutes 08 Seconds. a radius of 934.93 feet, and a chord bearing
and distance of North 14 Degrees 11 Minutes 21 Seconds East. 15.27 feet,
THENCE. in a northerly direction, continuing with the East right-of-way line of said South Freeway. and alone said continuation ciin-e to the right. an
arc length of 15? 7 feet to a found brass disk concrete monument for comer,
THENCE. in a northeasterly direction. continuing with the East right-of-way line of said South Freeway. the following courses and distances
North 24 Degrees 57 Minutes 05 Seconds East. a distance of 131.80 feet to a found brass disk concrete monument for comer:
North 23 Degrees 41 Minutes 37 Seconds East, a distance of 15.94 feet to a 5+'8 inch rebar found for the Northwest comer of said Lot 1. same being the
Southwest comer of a tract of land conveyed to said Northstar Fames. Inc. by deed recorded in Document No. D219038939 of the Deed Records of
Tarrant County, Texas,
North 22 Degrees 19 Minutes 44 Seconds East, a distance of 101.65 feet to a 5'8 inch iron rod found for the Northwest comer of said second -referenced
Northstar Fames. Inc. tract:
North 22 Degrees 19 Minutes 44 Seconds East. a distance of 43.17 feet to a found brass disk concrete monument for comer
North 40 Degrees 59 Minutes 46 Seconds East, a distance of 215.95 feet to a 1.'2 inch rebar with a cap stamped "ASC" set for the Northwest comer of
the herein described tract:
THENCE South 52 Degrees 59 Minutes 10 Seconds East departing the Southeast right-of-way line of said South Freeway, over. across. and through
said Ware Vista tract a distance of 283 00 feet to a 1 2 inch rebar with a cap stamped "ASC" set for comer at the beginning of a non -tangent cure to
the left. having a central angle of 11 Degrees 55 Minutes 38 Seconds. a radius of 300.00 feet. and a chord bearing and distance of South 32 Degrees 00
Minutes 36 Seconds West- 62.34 feet,
THENCE. in a southerly direction, alone said non -tangent curve to the left. arc length of 62 45 feet to a 1.2 inch rebar with a cap stamped "ASC" set
for comer at the beginning of a tangent curve to the left. having a central angle of 20 Degrees 13 Minutes 08 Seconds. a radius of 1015.00 feet. and a
chord bearmg and distance of South 15 Degrees 56 Mlinutes 16 Seconds West. 356.32 feet;
THENCE. in a southerly direction, continuing alone said tangent curve to the left. an arc length of 358.18 feet to a 1 2 inch rebar with a cap stamped
"ASC" set for comer:
THENCE North 71 Degrees 26 Minutes 39 Seconds West. a distance of 377.12 feet to the PONT OF BEGLN'.NZNG and containing 154,459 square
feet or 3.546 acres of land, more or less
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TRACT 2:
AITIEREAS, 1187 Holdings, LLC, Rare Vista Southgate 91, L.P., and Bomac %ScAlister Investments, LLC are
the owners of those same tracts of land situated in the 7_ Martin Survey, Abstract No. 1017, in the City of Foot Worth,
Tarrant County, Texas, being a portion of that same tract of land conveeyed to 1187 Holdings, LLC by deed reorded in
Document No_ D217025555, of the Official Public Records of Tarrant County, Texas (O-PR_T_C.T_), being a portion
of that same tract of land conveyed to Ware Vista Southgate #1, L.P. by deed recorded in I)Dmmneut No. D219056427,
O-PRT.C.T., being also a portion of those same tracts of land conveyed to said Bomac McAlister Investments, LLC
by deeds recorded in Document No. D216244110, D219001984, & D216244121, O.P.R.T_C_T., and being more
particularly descry -bed by metes and bounds as follows (Bearings and Distances are based on the State Plane Coordinate
System, Texas North Centrral Zone (4202), North American Datum of 1983 (NAD83) (US Foot) with a combined scale
factor of 1.00012):
BEGINNING at a In inch rebar with a cap stamped "ASC" set for corner said paint being North 06 Degrees 34
Minutes 02 Seconds West, a distance of 8.00 feet from a 5/8 inch rebar found for the West corner of said
first -referenced Bomac tract and lying on the East right -of --way Line of South Freeway (variable width right-of-way);
THL-NCE. North 84 Degrees 13 -N inutes 56 Seconds East, departing the East right-of-way line of said South Freeway,
over, across:. and through said Bomac tract a distance of 69.90 feet to a 1/2 inch rebar with a cap stamped "ASC" set for
corner at the beginning of a tangent curve to the right, having a central angle of 05 Degrees 28 Minutes 36 Seconds, a
radius of 615.66 feet, and a chord bearing and distance of North 87 Degrees 00 Mimdes 17 Seconds East, 59.96 feet -
THENCE, in an easterly direction, along said tangent curve to the right, an arc length of 58.85 feet to a 1/2 inch rebar
with a cap stamped "ASC' set for corner,
THRITCE, continuing over said Bomac tracts, and ever said Rare Vista and 1197 Holdings tract, the following courses
and distances:
North 89 degrees 49 minutes 14 seconds East, a distance of 499.82 feet to a 112 inch rebar with a cap stamped "ASC"
set for corner,
South 00 degrees 10 minates 46 sec ands East, a distance of 20.00 feet to a 1/2 inch rebar capped "ASC" set for corner;
THENCE South 89 degrees 49 minutes 14 seconds West; a distance of 490.07 feet to a 1 �'2 inch rebar capped "ASC"
set for corner and being the beginning of a tangemf cime to the left: ha,.mg a central angle of 05 Degrees 26 Minutes 01
Seconds, a radius of 535.62 feet, and a chord bearing and distance of South 86 Degrees 59 Minutes 15 Seconds West.,
50.78 feet;
THENCE; along said tangent cure to the left, an arc length of 50.79 feel to a 1/2 inch rebar with a cap stamped "ASC"
set for corner,
THENCE. South 84 Degrees 13 '_Minutes 56 Seconds Rest. a distance of 71.26 feet to a 1r"2 inch rebar with a cap
stamped "ASC" set for corner, Ding on the East right-of-way Line of said South Freeway, at the beginning of a
non -tangent cure to the lefts ha%tug a central angle of 03 Degrees 55 Minutes 58 Seconds, a radius of 1165.92 few
and a chard bearing and distance of North 04 Degrees 47 Minutes 51 Seconds West, 20.01 feet
THENCE, in a northerly direction, along the East right-of-way line of said South Freeway, and along said Ilan -tangent
curve to the left, an arc length of 80.03 feet to the POINT OF BEGET -VI TG and containing 49,191 square feet or
1.129 acres oflaud, more or less.
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Southgate Marketplace 10/04/2024
FP-20-001CP-Southgate Marketplace
WHEREAS, Rare Vista Southgate 41, L.P. is the owner of that same tract of land striated in the J. Martin Survey. Abstract No 1017, in the City of
Fort Worth, Tarrant County. Texas, being a portion of that same tract of land conveyed to said Ware Vista Southgate 01. L.P. by deed recorded in
Document No. D219056427, Official Public Records, Tarrant County, Texas (O.P.RT.C.T.), being a portion of Lot 1. Block 1 of Conveyor Addition.
an addition to the City of Fort Worth, Tarrant County. Texas. according to the Plat thereof recorded in Document No. D173090812 of the Plat Records
of Tarrant County, Texas (PRT.C.T.), and being more particularly described by metes and bounds as follows (Bearings and distances are based on the
State Plane Coordinate System, Texas North Central Zone (4202) North American Datum of 1983 (NAD 83XUS Foot) with a combined scale factor of
1.00012):
BEGIlS-hIiG at a 51 inch rebar found for the Northwest comer of 'Tract 2" of a tract of land conveyed to Bomac McAlister Investments. LLC by
deed recorded in Document No. D216244110, O.P.R.T C.T.. same being the westernmost Southwest comer of said ['are Vista tract, and lying on the
East right-of-way line of South Freeway (variable width right-of-way):
THENCE North 14 Degrees 54 Minutes 22 Seconds West, with the East right-of-way line of said South Freeway. passing at a distance of 68-01 feet, a
Found Brass Disk Concrete Monument for reference and continuing for a total distance of 552.43 feet to a Found Brass Disk Concrete Monument for
corner,
THENCE North 12 Degrees 24 Minutes 40 Seconds West, continwng with the East right-of-way line of said South Freeway, a distance of 133.35 feet
to a Found Brass Disk Concrete Monument for comer at the beginning of a non -tangent curve to the right. having a central angle of 21 Degrees 53
Minutes 49 Seconds, a radius of 934-93 feet. and a chord bearing and distance of North 02 Degrees 46 Niumtes 23 Seconds East. 355-13 feet
THENCE, in a northerly direction. continuing with the East right-of-way line of said South Freeway. and along said non -tangent curve to the right. an
arc length of 357.30 feet to a 1+2 inch rebar with a cap stamped "ASC" set for the Northwest comer of the herein described tract. same being the
Southwest comer of a tract of land conveyed to Ware Vista Southgate #1, L.P-, a Texas limited partnership by deed recorded in Document No.
D219056429, O.P.RT.C.T.;
THENCE South 71 Degrees 26 Minutes 39 Seconds East, departing the East right-of-way line of said South Freeway. with the South line of said
second -referenced Ware Vista tract, a distance of 377.12 feet to a 1-2 inch rebar with a cap stamped "ASC" set for the Southeast comer of said
second -referenced Ware Vista tract, same being an interior "ell" comer of said first -referenced Ware Vista tract and being the beemnino of a
non -tangent curve to the left, having a central angle of 18 Degrees 41 Minutes 26 Seconds. a radius of 1015.00 feet. and a chord bearing and distance of
South 03 Degrees 31 Minutes 03 Seconds East, 329-64 feet
THENCE. in a southerly direction, over, across, and through said first -referenced Ware Vista tract, alone said non -tangent curve to the left. an arc
length of 331-11 feet to a 1!2 inch rebar with a cap stamped "ASC";
THENCE South 12 Degrees 51 Minutes 47 Seconds East, continuing through said first -referenced Ware Vista tract. a distance of 89.40 feet to a 1; 2
inch rebar with a cap stamped "ASC" set for corner at the beginning of a curve to the right having a central angle of 12 Degrees 15 Minutes 31 Seconds.
a radius of 1985-00 feet. and a chord bearing and distance of South 06 Degrees 44 Minutes 01 Seconds East. 423-89 feet;
THENCE, in a southerly direction, continuing through said first -referenced Ware Vista tract, and along said curve to the right. an arc length of 424.70
fret to a 1R inch rebar with a cap stamped "ASC" set for corner.
THENCE South 00 Degrees 36 Minutes 16 Seconds East, contiming through said first -referenced Ware Vista tract a distance of 259.05 feet to a V2
inch rebar with a cap stamped "ASC" set for the Southeast comer of the herein described tract;
THENCE South 89 Degrees 49 Minutes 14 Seconds West. continume through said first -referenced Ware Vista tract, a distance of 15.00 feet to a V2
inch rebar with a cap stamped "ASC" set for comer lying on the East line of "Exchange Parcel 2" of that same tract of land conveyed to Bomac
Mcahster Investments, LLC by deed recorded in Document No. D219001984, O.PRT.C.T.;
THENCE North 00 Degrees 36 Minutes 17 Seconds West. with the East line of said "Exchange Parcel 2", a distance of 263.69 feet to a 1r'2 inch rebar
with a cap stamped "ASC" set for the Northeast comer of said "Exchange Parcel 2". same being an interior "ell" comer of the herein described tract,
THENCE South 76 Degrees 38 Minutes 00 Seconds West, with the North line of said "Exchange Parcel 2" tract and with the North line of said
first -referenced Bomac tract for a total distance of 286.47 feet to the POINT OF BEGINNLNG and containing 339,000 square feet or T782 acres of
land, more or Less.
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FP-20-024-McAlister 35 Addition
NORTH TRACT DESCRIPTION
BEING ALL THAT CERTAIN LOT, TRACT OR PARCEL OF LAND SITUATED IN THE
CITY OF FORT WORTH, TARRANT COUNTY, TEXAS, OUT OF THE JOSEPH MARTIN
SURVEY, ABSTRACT NO. 1017 AND BEING A PORTION OF THE 1.2101 ACRE
PROPERTY DESCRIBED IN DEED TO BOMAC MCALISTER INVESTMENTS, LLC AS
RECORDED UNDER COUNTY CLERKS FILE NO. D216244110 OF THE OFFICIAL
PUBLIC RECORDS OF TARRANT COUNTY, TEXAS, AND BEING A PORTION OF A
0.4250 ACRE TRACT OF LAND CALLED "EXCHANGE PARCEL 2" AND CONVEYED
TO BOMAC MCALISTER INVESTMENTS, LLC AS RECORDED UNDER COUNTY
CLERKS FILE NO. D219001984 OF THE OFFICIAL PUBLIC RECORDS OF TARRANT
COUNTY, AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS
AS FOLLOWS:
BEGINNING AT A 1/2" IRON ROD FOUND FOR CORNER IN THE EAST RIGHT-OF-
WAY LINE OF INTERSTATE HIGHWAY NO. 35-W (VARIABLE WIDTH RIGHT-OF-
WAY), SAID POINT BEING THE SOUTHWEST CORNER OF A 0.211 ACRE TRACT OF
LAND CALLED "EXCHANGE PARCEL #1 AS DESCRIBED IN DEED TO 1187
HOLDINGS AS RECORDED UNDER COUNTY CLERKS FILE NO. D219001983 OF THE
OFFICIAL PUBLIC RECORDS OF TARRANT COUNTY, TEXAS, SAID POINT ALSO
BEING THE SOUTHWEST CORNER OF LOT 2, BLOCK 1 OF THE SOUTHGATE
MARKETPLACE ADDITION, AN ADDITION TO THE CITY OF FORT WORTH, TEXAS,
ACCORDING TO THE PLAT THEREOF, AS RECORDED UNDER INSTRUMENT NO.
D220067166 OF THE DEED RECORDS OF TARRANT COUNTY, TEXAS,;
THENCE NORTH 760 38' 20" EAST AND DEPARTING THE EAST RIGHT-OF-WAY LINE
OF INTERSTATE HIGHWAY NO. 35-W AND ALONG THE SOUTH LINE OF SAID 0.211
ACRE 1187 HOLDINGS TRACT AND ALSO BEING THE SOUTH LINE OF A 15.287
ACRE TRACT OF LAND DESCRIBED IN DEED TO WARE VISTA SOUTHGATE #1, L.P.
AS RECORDED UNDER COUNTY CLERKS FILE NO. D219056427 OF THE OFFICIAL
PUBLIC RECORDS OF TARRANT COUNTY, TEXAS AND FOLLOWING ALONG THE
SOUTH LINE OF LOT 1, SAID BLOCK 1 OF THE SOUTHGATE MARKETPLACE
ADDITION FOR A DISTANCE OF 286.51 FEET TO A 5/8" IRON ROD WITH YELLOW
PLASTIC CAP STAMPED "RPLS 1890" SET FOR THE NORTHEAST CORNER OF
AFORESAID 0.4250 ACRE "EXCHANGE PARCEL 2" CONVEYED TO BOMAC
MCALISTER INVESTMENTS, LLC TRACT;
THENCE SOUTH 000 36' 10" EAST FOLLOWING ALONG THE EAST LINE OF SAID
0.4250 ACRE "EXCHANGE PARCEL 2" CONVEYED TO BOMAC MCALISTER
INVESTMENTS, LLC TRACT AND THE COMMON LINE OF SAID 15.287 ACRE WARE
VISTA SOUTHGATE #1 TRACT FOR A DISTANCE OF 263.82 FEET TO A 5/8" IRON
ROD WITH YELLOW PLASTIC CAP STAMPED "RPLS 1890" SET FOR CORNER IN THE
NORTH RIGHT-OF-WAY LINE OF MCALISTER ROAD (80' RIGHT-OF-WAY,
RECORDED IN INST#220091713);
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Southgate Marketplace 10/04/2024
THENCE SOUTH 890 49' 14" WEST (BASIS OF BEARINGS PER PLAT RECORDED IN
INST#D220091713) AND FOLLOWING ALONG THE NORTH RIGHT-OF-WAY LINE OF
SAID MCALISTER ROAD (80' RIGHT-OF-WAY) FOR A DISTANCE OF 110.02 FEET TO
A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "RPLS 1890" SET FOR
CORNER, SAID POINT BEING THE BEGINNING OF A CURVE TO THE LEFT HAVING
A RADIUS OF 615.66 FEET WITH A CENTRAL ANGLE OF 050 28' 36" AND A CHORD
BEARING SOUTH 870 00' 17" WEST AT A DISTANCE OF 58.83 FEET;
THENCE WESTERLY AND FOLLOWING ALONG SAID CURVE TO THE LEFT AND
THE NORTH RIGHT-OF-WAY LINE OF SAID MCALISTER ROAD (80' RIGHT-OF-WAY)
FOR AN ARC DISTANCE OF 58.85 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC
CAP STAMPED "RPLS 1890" SET FOR CORNER;
THENCE SOUTH 840 13' 56" WEST CONTINUING ALONG THE NORTH RIGHT-OF-
WAY LINE OF SAID MCALISTER ROAD FOR A DISTANCE OF 69.90 FEET TO A 5/8"
IRON ROD WITH YELLOW PLASTIC CAP STAMPED "RPLS 1890" SET FOR CORNER IN
THE EAST RIGHT-OF-WAY LINE OF AFORESAID INTERSTATE HIGHWAY NO. 35-W,
SAID POINT BEING THE BEGINNING OF A CURVE TO THE LEFT HAVING A RADIUS
OF 1165.92 FEET WITH A CENTRAL ANGLE OF 080 09' 28" AND A CHORD BEARING
NORTH 100 50' 27" WEST AT A DISTANCE OF 165.86 FEET;
THENCE NORTHWESTERLY AND FOLLOWING ALONG SAID CURVE TO THE LEFT
AND ALONG THE EAST RIGHT-OF-WAY LINE OF SAID INTERSTATE HIGHWAY NO.
35-W FOR AN ARC DISTANCE OF 166.00 FEET TO A 5/8" IRON ROD WITH YELLOW
PLASTIC CAP STAMPED "RPLS 1890" SET FOR CORNER;
THENCE NORTH 140 54' 22" WEST AND FOLLOWING ALONG THE EAST RIGHT-OF-
WAY LINE OF SAID INTERSTATE HIGHWAY NO. 35-W FOR A DISTANCE OF 46.75
FEET TO THE POINT OF BEGINNING AND CONTAINING 1.3915 ACRES OF LAND,
MORE OR LESS.
Transportation Impact Fee Credit Agreement- CA-20-005 Page 10 of 28
Southgate Marketplace 10/04/2024
FP-21-101-Southgate Marketplace
BEING a 5.111 acre bract of land situyt-d in the L.J. Martin Survey, Abstract Number 1017, City of Fort Worth,
Tarrant County, Texas, and being d Pohtbon of .� called15.27 acme tract of Land described by deed to Ware Vista
Southgate #1 L.P., recorded in County Clerk's File Number D219056427, Deed Records, Tenant County, Texas, and
being more particularly described by metes and bounds as follows;
BEGINNING at a SIB" CAPPED IRr iN Rt1D SE— STAMPED "REALSEARCH" et the northernmost corner of Lot 1, Black
1, Southgate (Marketplace, an addition to the City of Fort Werth, according to the Pldt recorded in County Clerk's File
Number D220035276, Plat Records, Tarrant County, Texas, and being on the northwest line of said called 15.287
acre tract, and being on the East right-of-way line of Interstate Highway No, 35, a variable width right -Of -way
THENCE North 40 (Degrees 59 Minutes 46 Seconds East, along the Edst right-of-way I-ne of said Interstate Highway
No. 35, a distance of 57.86 feet, to a 5; 8" CAPPED IRi eq Ri hC SE- STAMPED 'REALSEARCH', being at the beginning
of a non tangent curve to the Deft;
THENCE 275.73 feet, continuing along said East right-of-way line and with said curve to the left, having a radius of
429.21 fleet, through a central angle of 36 Degrees 48 Minutes 29 Seconds,whose long chord bears iNorth 30
Degrees 58 Minutes 58 Seconds East, a chord length of 271.02 feet, to a 518" CAPPED IR1: IN Rl: ID SET STAMPED
"REALSEARCH", being at the South end of a comer clip at the intersection of said East right-of-way line and the
South right-of-way lithe of F.M. Highway No. 1187, a variable width right-of-way;
THENCE North 49 Degrees 35 Minutes 22 Seconds East, along said corner clip, a distance of 46.04 feet, to a 5/8"
CAPPED IRON ROD SET STAMPED "REALSEARCH", being at the North end of said comer clip, same being the
northernmost northwest carnet of said called iS.27 acre tract;
THENCE South 84 Degrees 29 Minutes 17 Seconds East. departing said canner clip and along the south right-of-way
line of said F.M. Highway No. 1187, a distance of 241.54 feet, to a 5/8" CAPPED IRON ROD SET STAMPED
"REALSEARCH"
THENCE North 80 Degrees 35 Minutes 49 Seconds East, continuing along said South right -of- way line, a distance of
227.78 feet, to a 5/8" CAPPED IRON ROD SET STAMPED "REALSEARCH' at the northeast corner of said called
15.287 acre tract;
THENCE South 00 Degrees 26 Minutes 08 Seconds East, departing said South right-of-wdy lime and along the East
line of said called 15.287 acre tack, a distance of 255,57 feet, to a 5/8" CAPPED IRcjN ROD SET STAMPED
"REALSEARCH", being at the beginning of a curve to the right;
THENCE 107.93 fleet. continuing along said East line and with said curve to the right, (having a radius of 249.97 feet,
through a central angle of 24 Degrees 44 Minutes 22 Seconds, whose long chord bears South 11 Degrees 56 Minutes
02 Seconds West. a chord length of 107.10 feet to a 5/8" CAPPED IRON R,: iC _,ET STAMPED ' REALSEARCH";
THENCE South 24 Degrees 18 Minutes 13 Seconds West continuing along said East line, a distance of 66.89 feet, to
a 5/8" CAPPED IRON TROD STET STAMPED 'REALSEARCH";
THENCE North 65 Degrees 41 Minutes 47 Seconds West, departing said East (line and along the southeast line of said
called 15,27 acre tract, d distance of 48.36 feet, to a 5/8" CAPPED IRON ROD SET 57AMPED'REALSEARCH", being
at the beginning of a curve to the left;
THENCE 395.40 feet, continuing along said southeast line and with said curve to the left having a radius of 300.00
feet, through d central angle of 76 Degrees 16 Minutes 40 Seconds, whose long chord bears South 76 Degrees 09
Minutes 34 Seconds Westr a chord length of 370.54 feet to d 5/8" CAPPED IRON RiID SET STAMPED
"REALSEARCH", being the easternmost comer of said Lot 1;
THENCE North 53 Degrees 01 Minutes 53 Seconds A'est, departing said southeast lone and along the northeast (line
of said Lot 1, a distance of 282.97 feet, to the P: )IN— inF BEGINNING, and containing SA11 dcies of 222,618 square
feet of I and, more or (less.
Transportation Impact Fee Credit Agreement- CA-20-005 Page 11 of 28
Southgate Marketplace 10/04/2024
FP-23-225- McAlister 35 Sec Addition
SOUTH TRACT DESCRIPTION
BEING ALL THAT CERTAIN LOT, TRACT OR PARCEL OF LAND SITUATED IN THE
SARAH GRAY SURVEY, ABSTRACT NO. 558 AND THE JOSEPH MARTIN SURVEY,
ABSTRACT NO. 1017, CITY OF FORT WORTH, TARRANT COUNTY, TEXAS AND
BEING ALL OF A CALLED 1.8131 ACRE AND A PORTION OF 1.1377 ACRE TRACT OF
LAND DESCRIBED IN DEED TO BOMAC MCALISTER INVESTMENTS, LLC AND
RECORDED IN COUNTY CLERKS FILE NO. D216244121 OF THE OFFICIAL PUBLIC
RECORDS OF TARRANT COUNTY, TEXAS, AND BEING ALL OF A 0.0023 ACRE
TRACT OF LAND DESCRIBED IN DEED TO BOMAC MCALISTER INVESTMENTS, LLC
AND RECORDED IN COUNTY CLERKS FILE NO. D219001984 OF THE OFFICIAL
PUBLIC RECORDS OF TARRANT COUNTY, TEXAS, AND ALSO THE 1. 13 77 ACRE
TRACT DESCRIBED IN DEED TO BOMAC MCALISTER INVESTMENTS, LLC,
DESCRIBED IN DEED IN COUNTY CLERK'S FILE NO. D216244110 OF THE OFFICIAL
PUBLIC RECORDS OF TARRANT COUNTY, TEXAS AND BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING AT A 5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "RPLS
1890" SET FOR CORNER IN THE CORNER IN THE NORTHEAST RIGHT-OF-WAY LINE
OF U.S. HIGHWAY 81 (INTERSTATE HIGHWAY NO.35-W) SAID POINT BEING THE
SOUTHWEST CORNER OF SAID 1.8131 ACRE TRACT DESCRIBED IN DEED TO
BOMAC MCALISTER INVESTMENTS, LLC AND THE NORTHWEST CORNER OF A
TRACT OF LAND DESCRIBED IN DEED TO HARRIS PARTNERSHIP AS RECORDED IN
VOLUME 9164, PAGE 1111 OF THE DEED RECORDS OF TARRANT COUNTY, TEXAS;
THENCE NORTH 060 01' 46" EAST AND FOLLOWING ALONG THE EASTERLY RIGHT-
OF-WAY LINE OF INTERSTATE HIGHWAY NO. 35-W (U.S. HIGHWAY 81) COMMON
WITH THE WEST LINE OF SAID 1.8131 ACRE TRACT DESCRIBED IN DEED TO
BOMAC MCALISTER INVESTMENTS, LLC FOR A DISTANCE OF 289.29 FEET TO A
5/8" IRON ROD WITH YELLOW PLASTIC CAP STAMPED "RPLS 1890" SET FOR THE
NORTHWEST CORNER OF SAID 1.8131 ACRE TRACT DESCRIBED IN DEED TO
BOMAC MCALISTER INVESTMENTS, LLC AND THE SOUTHWEST CORNER OF
AFORESAID 1. 13 77 ACRE TRACT DESCRIBED IN DEED TO BOMAC MCALISTER
INVESTMENTS, LLC, SAID POINT ALSO BEING THE BEGINNING OF A CURVE TO
THE LEFT HAVING A RADIUS OF 1165.92 FEET WITH A CENTRAL ANGLE OF 080 58'
15" AND A CHORD BEARING NORTH 870 00' 07" EAST AT A DISTANCE OF 182.37
FEET;
THENCE NORTHEASTERLY AND FOLLOWING ALONG SAID CURVE TO THE LEFT
AND ALONG THE EASTERLY RIGHT-OF-WAY LINE OF INTERSTATE HIGHWAY
NO.35-W (U.S. HIGHWAY 81) AND THE WEST LINE OF SAID 1.1377 ACRE TRACT
DESCRIBED IN DEED TO BOMAC MCALISTER INVESTMENTS, LLC FOR AN ARC
DISTANCE OF 182.55 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP
STAMPAED "RPLS 1890" SET FOR CORNER, SAID POINT BEING THE SOUTHWEST
Transportation Impact Fee Credit Agreement- CA-20-005 Page 12 of 28
Southgate Marketplace 10/04/2024
CORNER OF MCALISTER ROAD (80' RIGHT-OF-WAY), AS DEDICATED BY PLAT
RECORDED IN INSTRUMENT NO D220091713 OF THE PLAT RECORDS OF TARRANT
COUNTY, TEXAS;
THENCE DEPARTING THE NORTHEAST RIGHT-OF-WAY LINE OF INTERSTATE
HIGHWAY NO. 35-W (U.S. HIGHWAY 81) AND FOLLOWING ALONG THE SOUTH
RIGHT-OF-WAY LINE OF SAID MCALISTER ROAD (80' RIGHT-OF-WAY), THE
FOLLOWING COURSES AND DISTANCES NUMBERED 1, 2, AND 3;
1. NORTH 840 02' 48" EAST FOR A DISTANCE OF 71.05 FEET TO A 5/8" IRON ROD
WITH YELLOW PLASTIC CAP STAMPED "RPLS 1890" SET FOR CORNER, SAID POINT
BEING THE BEGINNING OF A CURVE TO THE RIGHT HAVING A RADIUS OF 535.66
FEET WITH A CENTRAL ANGLE OF 050 28' 16" AND A CHORD BEARING NORTH 870
00' 07" EAST AT A DISTANCE OF 51.13 FEET;
2. SOUTHEASTERLY AND FOLLOWING ALONG SAID CURVE TO THE RIGHT FOR
AN ARC DISTANCE OF 51.15 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP
STAMPED "RPLS 1890" SET FOR CORNER;
3. SOUTH 890 24' 00" EAST FOR A DISTANCE OF 32.00 FEET TO A 5/8" IRON ROD
WITH YELLOW PLASTIC CAP STAMPED "RPLS 1890" SET FOR THE NORTHEAST
CORNER OF THE AFORESAID 0.0023 ACRE TRACT OF LAND DESCRIBED IN DEED
TO BOMAC MCALISTER INVESTMENTS, LLC AND RECORDED IN COUNTY CLERKS
FILE NO. D219001984 OF THE OFFICIAL PUBLIC RECORDS OF TARRANT COUNTY,
TEXAS
THENCE SOUTH 000 07' 38" EAST AND PASSING THE SOUTHEAST CORNER OF SAID
0.0023 ACRE BOMAC MCAALISTER INVESTMENTS TRACT AND CONTINUING
ALONG THE COMMON LINE OF AFORESAID 1. 13 77 ACRE AND 1.8131 ACRE TRACT
OF LAND DESCRIBED IN DEED TO BOMAC MCALISTER INVESTMENTS, LLC FOR A
DISTANCE OF 478.45 FEET TO A 5/8" IRON ROD WITH YELLOW PLASTIC CAP
STAMPED "RPLS 1890" SET FOR THE SOUTHEAST CORNER OF SAID 1.8131 ACRE
TRACT OF LAND DESCRIBED IN DEED TO BOMAC MCALISTER INVESTMENTS,
LLC;
THENCE SOUTH 890 53' 43" WEST AND FOLLOWING ALONG THE NORTH LINE OF
AFORESAID HARRIS PARTNERSHIP TRACT COMMON WITH THE SOUTH LINE OF
AFORESAID 1.8131 ACRE TRACT FOR A DISTANCE OF 290.00 FEET TO THE POINT
OF BEGINNING AND CONTAINING 2.9192 ACRES, MORE OR LESS.
Transportation Impact Fee Credit Agreement- CA-20-005 Page 13 of 28
Southgate Marketplace 10/04/2024
EXHIBIT B
Map of Property
VICINITY MAPS
FP-20-001 CP
M
nY I
i
t
� •{RYO•
,fir E
sr i
.upr I
err.....IN
FP-20-024 VKmrry MAP - as GROW ROAD
NOT -TO -SCALE 3c e
W
o
K �
NOON CROWLEY ROAD
9 W. ReROGN capREp Ra+�o 1
DER CRDWLEY
NCIUSTER 7W �
ROAD
NARGRO•E LANE
OPADWAW LAW
Transportation Impact Fee Credit Agreement- CA-20-005
Southgate Marketplace
Page 14 of 28
10/04/2024
FP-21-101 VICINITY MAP
N.T.S.
FM 1183
1 STT E
I-35
LUSTER
ALSBURY
BURLESON
RMA
FP-23-225 I Vr.NF Y MAI'
I yq NOT -TO -SCALE
& e
r
n
y W RE"DON CROA-D MAD �
a�
CROADPLOVER HdUS1ER i
i
1
s 44/ \ n.
Transportation Impact Fee Credit Agreement- CA-20-005
Southgate Marketplace
E. RENDON CROWLEY ROAD
OARGROvE
ww'' RJpIQ
NAADCROVE EARE
Page 15 of 28
10/04/2024
EXHIBIT C
Development Plan
FP-21-101
FORT WORTX
�--
---------- - - -- i- - - - --
1 .w LOTS 10 TNRU„%J. BLOCX I
°� -- SoarH"I a►uzxarruca
I. aY v
Transportation Impact Fee Credit Agreement- CA-20-005 Page 16 of 28
Southgate Marketplace 10/04/2024
FP-19-068
Transportation Impact Fee Credit Agreement- CA-20-005 Page 17 of 28
Southgate Marketplace 10/04/2024
FP-20-001 CP
F P-20-001 C P s=H o
See,original plat FP-20.001 for addresse<?
I I #
y
1jj
.j
1
+i f'
i�l�
Transportation Impact Fee Credit Agreement- CA-20-005 Page 18 of 28
Southgate Marketplace 10/04/2024
J1I ,1 iI
�cooaeec
!� FP-20-024
0.1
1
FP-20-024
`
tv
Y'Y
;3a
.r�rr.r.rrrrr... r.r r�Y..rYrrr
r Yr IK YrYWr M r rr r. r w.rrrr.�
r.s..Yr�r.r.o.-w-
'-
•r..rrrrrr.-Ywr-
rr«r.rYr. � rra
�y`Yr.rar�rrw.rr
i
z
<
Ors
a�
a
I
= ,
Y
�a
I II
I I I
I
I II
I tii
I ,I
Y li I I.wA N WY .wl -
avowu31envow ISV3
,.
I
t I
�I I
I �
Transportation Impact Fee Credit Agreement- CA-20-005 Page 19 of 28
Southgate Marketplace 10/04/2024
b22Ab86 t� ='ram Pago4 of
P.-E
Er 64�x1C.. ,.r—,,,,T-.T1FffXWAY
OIIi7A7E M40MAY 11p, } ;y
R/, S. r.N,�4r •o �� I
'Mir .1mism
LOT M
ow sy.
7.#'TIV /,G, At. ` l AL i !; 1 ,—ak ...
w
FORT���H
_ y i
FP- - fIIIA5 EC
AICALISTER 3SEC ,Iddnl411
LOT$ 1, 2 k 3 BLOCK 1
BEING 2.9i92 ACRES
IN THE
rn SARAH GRAY SURVEY, ABSTRaCT NO. 556
y R JDSEPH HARTIH SURVEY, M&TRACT MO- 1017
JAL
7 CITY a fCWT 'AURTR, TARRANT pPVNEf, TEXAS
!iL
It
It
N
W
N
N
EXHIBIT D
Transportation Improvements
0
LEY +�►�-
I LEY RENOON CROWLEY
W
Y
``� 1.'w"I V
r wMtil
Eligible Improvements
McAlister Road
L
t
McAlisterRoad
I 1 ■ I = 10. -1 A
EXHIBIT D
Southgate Marketplace
'Eligible for Credit Against
Transportation Impact Fees
m+ Right of Way
Dedication & Construction
FOR1 -
1
I
1
1
I
1
I
1
• T J
•
I
I
. ► i
I
i
I
I
1
t
1
I
1
Limits
ROW Dedication (FP-19-068)
ROW Construction(CPN 102205)
61
Transportation Impact Fee Credit Agreement- CA-20-005 Page 21 of 28
Southgate Marketplace 10/04/2024
EXHIBIT E
Credits Against Transportation Impact Fees
Southgate Marketplace - Bomac
Transportation Impact Fee Credit Overview
Value of ROW Dedication
Instrument # Final Plat #
Eligible Arterial
ROW Transportation Impact Fee Credit
Value
$0.00
$0.00
TrIF Eligible Community Facilities Agreement Construction -100% Eligible
City Secretary # CFA # Eligible Arterial Value
53550 CPN 102250 McAlister $341,873.59
IPRC 19-0161
20.85% of the Total Transportation Impact Fee Eligible $71,280.64
Community Facilities Agreement Value
Engineering, Surveying, and Material Testing = 20% of total $14,256.13
eligible construction costs
Transportation Impact Fee Credit $85,536.77
Transportation Impact Fee Credit Applied to Date Value
Bomac Building Permits 0 $0.00
BOMAC - Total Transportation Impact Fee Credit Remaining $85,536.77
Transportation Impact Fee Credit Agreement- CA-20-005 Page 22 of 28
Southgate Marketplace 10/04/2024
Southgate Marketplace - Ware Vista
Transportation Impact Fee Credit Overview
Value of ROW Dedication
Instrument # Final Plat # Eligible Arterial Value
D220035276 FP-19-068 McAlister $177,087.60
ROW Transportation Impact Fee Credit $477,087.60
TrIF Eligible Community Facilities Agreement Construction - 100% Eligible
City Secretary # CFA # Eligible Arterial Value
53550 CPN 102250
IPRC 19-0161
McAlister
79.15% of the Total Transportation Impact Fee Eligible
Community Facilities Agreement Value
Engineering, Surveying, and Material Testing = 20% of total
eligible construction costs
$341,873.59
$270,592.95
$549118.59
Transportation Impact Fee Credit $501,799.14
Transportation Impact Fee Credit Applied to Date Value
Ware Vista Building
$392,146.66
Permits 7
WARE VISTA - Total Transportation Impact Fee Credit $109,652.48
Remaining
Transportation Impact Fee Credit Agreement- CA-20-005 Page 23 of 28
Southgate Marketplace 10/04/2024
Right -of -Way Valuation for
Southgate Marketplace
BOMAC
WARE VISTA
Valuation Method 1 - Percentage of TIP Project Cost
Eligible Arterial
McAlister
McAlister
2017 Transportation Improvements Plan Project Number
Z-17
Estimated Construction Costs from 2017 Transportation
$946,000
Improvements Plan
2022 Transportation Improvements Plan Project Number
Z-17
Estimated Construction Costs from 2022 Transportation
$1,538,879
Improvements Plan
Value of Total Project Right -of -Way (20% of Construction Cost)
$307,776
$189,200.00
Total Project Length (LF)
$1,430
1,275
Arterial Cross -Section Width (LF)
$0
80
Additional ROW needed for Roundabout (SF)
$0
$0
Total Project Right -of -Way (SF)
0
102,000
Right -of -Way Value Per Square Foot
$0.00
$1.86
Valuation Method 2 - Percentage of Construction Project Cost
Eligible Arterial McAlister
McAlister
City Project Number
102205
Final Construction Costs from Notice of Completion (Green Sheet)
$721,645.22
Value of Total Project Right -of -Way (20% of Construction Cost) $0
$144,329
Total Project Length (LF)
502
Arterial Cross -Section Width (LF)
80
Additional ROW needed for Roundabout (SF)
0
Total Project Right -of -Way (SF) 0
40,160
Right -of -Way Value Per Square Foot
$3.60
Valuation Method 3 - TAD appraised value
TAD Value as of 08/9/2023
McAlister
McAlister
TAD Account
40473945
Total Area (SF)
2,554,358
Appraised Value
$2,052,400.00
Value per Square Foot
$0.81
Right -of -Way Dedication
McAlister
McAlister
Recording Instrument Number
D220035276
Final Plat Number
FP-19-068
Recording Date
2/2/2020
Total area of ROW dedicated (SF)
49,191
Value per SF
$0.00
$3.60
ROW Credit Available
$0.00
$177,087.60
BOMAC
WARE VISTA
Transportation Impact Fee Credit Agreement- CA-20-005 Page 24 of 28
Southgate Marketplace 10/04/2024
Southgate Marketplace
Value of Eligible Community Facilities Agreement Construction, CPN 102205
Bidlist
Item
Description
Unit
Completed
Eligible
Unit Price
Credit
No.
Quantity
Quantity
Available
UNIT III: DRAINAGE IMPROVEMENTS
1
CAST IN PLACE CONCRETE
CY
10
0
$750.00
$0.00
2
REINFORCED CONCRETE RIP RAP
SY
10
0
$700.00
$0.00
3
STANDARD 4' SQUARE JUNCTION
EA
3
3
$6,500.00
$19,500.00
4
STANDARD 4' DROP INLET WITH LID
EA
1
0
$5,500.00
$0.00
5
MANHOLE STEPS
EA
154
154
$50.00
$7,700.00
6
24" RCP STORM SEWER
LF
212
162
$60.00
$9,720.00
7
21" RCP STORM SEWER
LF
92
92
$48.00
$4,416.00
8
15' CURB INLET
EA
4
4
$7,500.00
$30,000.00
9
24" FLARED HEADWALL, 1 PIPE
EA
1
0
$7,000.00
$0.00
TOTAL UNIT III: DRAINAGE IMPROVEMENTS
_
$71,336.00
UNIT IV: PAVING IMPROVEMENTS
I
MCALISTER ROAD CONCRETE
SY
1,993
1,890
$69.40
$131,166.00
PAVING
2
CONCRETE SIDEWALK
SY
1,425
1,053
$41.88
$44,099.64
3
TEMPORARY ASPHALT PAVING
SY
947
0
$21.40
$0.00
4
SUBGRADE PREPARATION, LIME
SY
3,234
2,001
$1.75
$3,501.75
TREATMENT
5
LIME FOR SUBGRADE
TN
59
48
$200.00
$9,600.00
6
BARRIER FREE RAMP
EA
2
2
$1,680.00
$3,360.00
7
HYDRO -MULCHING, SEEDING AND
SY
1,490
1,380
$4.00
$5,520.00
SODDING
8
TXDOT DRIVEWAYS CONCRETE
SF
22,920
0
$9.61
$0.00
DRIVEWAY CO#1
9
TXDOT DRIVEWAYS SUBGRADE
SY
2,935
0
$1.75
$0.00
PREP LIME TREATMENT
10
TXDOT DRIVEWAYS LIME FOR
TN
53
0
$200.00
$0.00
SUBGRADE
11
TXDOT DRIVEWAYS CONCRETE
LF
1,866
0
$19.22
$0.00
CURB & GUTTER
12
TXDOT DRIVEWAYS CONCRETE
SY
898
0
$50.79
$0.00
SIDEWALK
13
TXDOT DRIVEWAYS BARRIER FREE
EA
6
0
$1,680.00
$0.00
RAMP -TYPE P-1
14
24" SLD PVMT MARKING HAE (W)
LF
26
26
$12.50
$325.00
15
4" SLD PVMT MARKING HAS (Y)
LF
972
972
$1.50
$1,458.00
16
4" BRK PVMT MARKING HAS (Y)
LF
972
972
$1.50
$1,458.00
17
12" SLD PVMT MARKING HAW (W)
LF
204
204
$7.50
$1,530.00
TOTAL UNIT IV: PAVING IMPROVEMENTS
$202,018.39
Transportation Impact Fee Credit Agreement- CA-20-005 Page 25 of 28
Southgate Marketplace 10/04/2024
UNIT V: STREET LIGHTING IMPROVEMENTS
I STREET LUMINAIRE POLE AND FIXTURE
EA
4
4
$4,180.00
$16,720.00
DETAILS
2 COMMUNICATIONS MULTI -DUCT CONDUIT
LF
685
685
$30.00
$20,550.00
3 RACEWAYS AND BOXES FOR ELECTRICAL
EA
4
4
$2,160.00
$8,640.00
4 RDWY ILLUM FOUNDATION
EA
4
4
$1,225.00
$4,900.00
5 FURNISWINSTALL ALUM SIGN GROUND MOUNT
EA
3
3
$550.00
$1,650.00
CITY STD
6 FURNISH/INSTALL ALUM SIGN EX POLE MOUNT
EA
1
1
$550.00
$550.00
7 RELOCATE STREET LIGHT POLE CO#1
EA
2
2
$900.00
$1,800.00
8 NEW 30-H FOUNDATION CO#1
EA
1
1
$3,904.00
$3,904.00
9 2" PVC SCH 80 PVC CO#1
EA
478
478
$14.00
$6,692.00
10 44 ALUMINUM TRIPLEX CO#1
EA
478
478
$1.90
$908.20
11 REMOVE GROUND BOX AND APRON CO#1
EA
1
1
$500.00
$500.00
12 TYPE D GROUND BOX CO#1
EA
1
1
$1,000.00
$1,000.00
13 RECONNECT LIGHT POLES WBREAKAWAY FUSE
EA
3
3
$235.00
$705.00
HOLDERS CO#1
TOTAL UNIT V: STREET LIGHTING IMPROVEMENTS
_
$68,519.20
UNIT VI: TRAFFIC SIGNAL
IMPROVEMENTS
TOTAL UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS 1
_
1
$0.00
Bid Summary
UNIT III: DRAINAGE IMPROVEMENTS $71,336.00
UNIT IV: PAVING IMPROVEMENTS $202,018.39
UNIT V: STREET LIGHTING IMPROVEMENTS $68,519.20
UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS $0.00
VALUE OF CFA22-0002, CPN 103273 ELIGIBLE CONSTRUCTION
SUBTOTALI $341,873.59
Transportation Impact Fee Credit Agreement- CA-20-005 Page 26 of 28
Southgate Marketplace 10/04/2024
Transportation Impact Fee Credit Applied to Date
Number of Permits 7
Street Street Permit No.
No
12737
S Freeway
12737
S Freeway
12801
S Freeway
12613
S Freeway
12549
S Freeway
12601
S Freeway
12425
S Freeway
Ware Vista Credit Allocation
PB22-04608
PO23-00141
PB22-12004
PB22-19148
PB22-13609
PB22-19166
PB23-13438
Collection Rate
$ 35,864.85
$ 15,618.59
$ 86,308.08
$ 46,870.21
$ 45,308.85
$ 38,314.78
$ 123,861.30
Transportation Impact Fee Credit Applied to Date 1 $392,146.66 1
Transportation Impact Fee Credit Agreement- CA-20-005 Page 27 of 28
Southgate Marketplace 10/04/2024
EXHIBIT F
Allocation of Credits
79.15% of the Credit to be allocated to Ware Vista #1 LP
& 20.85% of the Credit to be allocated to Bomac
as outlined in the table, below:
Plat Number, Lot Number Credit Allocation
FP-19-068 Ware Vista (79.15%)
FP-20-001 Ware Vista (79.15%)
FP-21-101 Ware Vista (79.15%)
FP-20-024 Bomac (20.85%)
FP-23-225 Bomac (20.85%)
Transportation Impact Fee Credit Agreement- CA-20-005 Page 28 of 28
Southgate Marketplace 10/04/2024