HomeMy WebLinkAboutContract 62296CSCO NO. 62296
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 Jefferson Primrose Land Holdings, LLC, a Texas Limited Liability company authorized to
do business in Texas (the "Applicant Owner"), and Jefferson Primrose North, LLC, a Texas
Limited Liability company authorized to do business in Texas (an "Additional Owner"), and
Denton Texas Venture, LTD, a Texas Limited Partnership authorized to do business in Texas (an
"Additional Owner"), and FW Primrose Public Facility Corporation, a Texas Public Facility
Corporation (an "Additional Owner"), (Applicant Owner and the Additional Owners are
collectively referred to herein as the "Owners" and individually as an "Owner"; the City and the
Owners are each referred to herein as a "Party", and collectively, the "Parties").
RECITALS
WHEREAS, the Owners are the owners of approximately 122.7158. 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 are 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, as amended,
under which transportation 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 Transportation Impact Fee Program provides for credits against impact
fees for dedication of right-of-way and/or construction of transportation improvements identified
as impact fee eligible on the adopted TIP; and
WHEREAS, the Property is located within service area Y; and
WHEREAS, 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-23-011 Page 1 of 18
Primrose Station 10/28/2024
WHEREAS, Applicant Owner has agreed to dedicate the right-of-way and/or construct
the transportation improvements shown on Exhibit "D" for which credits against transportation
impact fees shall be granted; and
WHEREAS, the Applicant Owner has received preliminary plat approval for Primrose
Station, PP-22-030, on 6/8/2022; and
WHEREAS, the Applicant Owner has received final plat approval for Primrose Station,
FP-23-010, on 12/8/2023; and
WHEREAS, the Applicant Owner has dedicated 161,238 square feet of right-of-way for
Brewer Boulevard with FP-23-010, recorded as Instrument D223217451, on 12/8/2023; and
WHEREAS, the Applicant Owner has received approval for Brewer Boulevard
construction plans IPRC22-0133 on 12/11/2023, and executed a Community Facilities Agreement
(CFA22-0189, CSCO#60072), on September 9, 2023 with a development bond financial guarantee
(CPN#104256).
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. Applicant 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 Applicant 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 shall be as shown on Exhibit "E".
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-23-011 Page 2 of 18
Primrose Station 10/28/2024
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 phase of development; the following events shall take place:
(a) The number of credits resulting from such improvement shall be valued.
6. Term and Effective Date. The term of this Agreement shall be ten (10) years from
its Effective Date.
7. Assignment. Each 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-23-011 Page 3 of 18
Primrose Station 10/28/2024
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
Daum Ba�Hdoff
Dana Burghdoff (Nov 1 , 202418:49 CST)
Dana Burghdoff
Assistant City Manager
Date: Nov 12, 2024
Recommended By:
DJ Harrell
Director, Development Services
Approved as to Form and Legality:
fj�
Douglas Black (Nov 12, 202413:01 CST)
Douglas Black
Assistant City Attorney
M&C: None required
Form 1295: None required
4.p44UQQ��
°°° ATTEST: ���°°
d!`o o
Ov° o
o
°°o*Ad
a p
% �S�scs aB�� EXA5o4a
nua000
Jannette Goodall
City Secretary
APPLICANT OWNER
Jefferson Primrose Land Holdings
a Texas Limited Liability Company
Blake Taylor (Oct W,202413:29 CDT)
Blake Taylor
Senior Vice President
(Additional owner signatures on following
page)
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.
a
nifer Ro erts (Oct 28, 12:09 CDT)
Jennifer H. Roberts
Assistant Director, Development Services
Department
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Transportation Impact Fee Credit Agreement- CA-23-011 Page 4 of 18
Primrose Station 10/28/2024
ADDITIONAL OWNERS
ADDITIONAL OWNER
Jefferson Primrose North
a Texas Limited Liability Company
3 TZ2
Blake Taylor (Oct 202413:29 CDT)
Blake Taylor
Senior Vice President
ADDITIONAL OWNER
Denton Texas Venture, LTD.
a Texas Limited Partnership
By: D-F Fund I GP, LLC,
a Texas limited liability company
its general partner
kobeit Y"
Bv: Robert Yu (Nov 1, 202417:15 PDT)
Robert Yu
Manager
ADDITIONAL OWNER
FW Primrose Public Facility Corporation
a Texas Corporation
ILAS
Mary- a ret Lemons (Nov 4, 2024 08:22 CST)
Mary -Margaret Lemons
Secretary/Treasurer
Transportation Impact Fee Credit Agreement- CA-23-011 Page 5 of 18
Primrose Station 10/28/2024
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-23-011 Page 6 of 18
Primrose Station 10/28/2024
EXHIBIT A
Description of Property: Primrose Station Preliminary Plat, PP-22-030
WHEREAS, DENTON TEXAS VENTURE, LTD., JEFFERSON PRIMROSE LAND
HOLDINGS, LLC, JEFFERSON PRIMROSE NORTH, LLC and CITY OF FORT WORTH, are
the owners of a tract of land situated in the J. Asbury Survey, Abstract No. 52 and A. Hodge
Survey, Abstract No. 1789, Tarrant County, Texas and being all of a tract of land described in
Special Warranty Deed to JEFFERSON PRIMROSE LAND HOLDINGS, LLC, recorded in
Instrument No. D222287027, Official Public Records, Tarrant County, Texas and being a part of
a called 144.643 acre tract of land described in Special Warranty Deed to DENTON TEXAS
VENTURE, LTD. recorded in Instrument No. D205197517, of said Official Public Records and
being all of a tract of land described in Special Warranty Deed to Jefferson Primrose North,
LLC, recorded in Instrument No. D222287683, of said Official Public Records and being all of a
tract of land described in Dedication of Right -of -Way Agreement to the City of Fort Worth in
Instrument No. D218213695, of said Official Public records, and being more particularly
described as follows:
BEGINNING at a 5/8" iron rod with cap stamped "JACOBS" found for the north corner of
Primrose Crossing an addition to the City of Fort Worth according to the plat recorded in
Instrument No. D218172937, of said Official Public Records and being the south corner of Tract
II, a called 3.960 acre tract of land described in Special Warranty Deed to TEXAS ELECTRIC
SERVICE COMPANY recorded in Volume 8728, Page 1700, Deed Records, Tarrant County,
Texas;
THENCE with the southeast line of said Tract II and Tract I, a called 1.368 acre tract of land
described in Special Warranty Deed to TEXAS ELECTRIC SERVICE COMPANY recorded in
Volume 8728, Page 1700, of said Deed Records, and southeast line of a called 0.344 acre tract of
land described in Deed to the City of Forth Worth recorded in Volume 8503, Page 2011, of said
Deed Records, North 270 East, a distance of 2,491.07 feet to a 1/2" iron rod found for the
northeast corner of said Tract I and being the northwest corner of said 144.643 acre tract and
being in the south right-of-way line of Sycamore School Road (a variable width right-of-way);
THENCE with said south right-of-way line of Sycamore School Road, North 89°58'08" East, a
distance of 1295.00 feet to a 5/8" iron rod with cap stamped "GORRONDONA ASSOC INC
FORT WORTH TX" found for the northwest corner of a called 15.286 acre tract of land
described in Judgment of court in Absence of Objection to the State of Texas recorded in
Instrument No. D209260349, of said Official Public Records;
THENCE with the west line of said 15.268 acre tract of land, the following courses and
distances:
South 22°43'12" East, a distance of 58.23 feet to a 5/8" iron rod with cap stamped
"GORRONDONA ASSOC INC FORT WORTH TX" found for corner;
South 12°40'35" East, a distance of 1,001.59 feet to a 5/8" iron rod found for corner;
South 00°23'56" East, a distance of 1,649.38 feet to a 5/8" iron rod found for the
southwest corner of said 15.286 acre tract and being in the north line of Primrose
Transportation Impact Fee Credit Agreement- CA-23-011 Page 7 of 18
Primrose Station 10/28/2024
Crossing an addition to the City of Fort Worth according to the plat recorded in
Instrument No. D207282015, of said Official Public Records;
THENCE with the north lines of said Primrose Crossing additions and with the north line of
Primrose Crossing an addition to the City of Forth Worth according to the plat recorded in
Instrument No. D206404801, of said Official Public Records and with the north line of the
terminus of Brewer Boulevard recorded in Cabinet A, Slide 11614, the following courses and
distances:
South 89°41'56" West, a distance of 2,197.32 feet to a 5/8" iron rod with cap stamped
"CARTER & BURGESS" found for corner;
North 22°39'00" East, a distance of 77.95 feet to a 5/8" iron rod with cap stamped
"CARTER & BURGESS" for corner;
North 30°53'08" West, a distance of 287.38 feet to a 1/2" iron rod found for corner;
North 67°14'50" West, a distance of 396.76 feet to the POINT OF BEGINNING and
containing 5,632,500 square feet or 129.3044 acres of land.
SAVE AND EXCEPT THE FOLLOWING TRACT:
BEING a tract of land situated in the A. Hodge Survey, Abstract No. 1789, Tarrant County,
Texas and being all of a called 6.586 acre tract of land described in Agreed Final Judgment to
Tarrant Regional Water District recorded in Instrument No. D218283339, of said Official Public
Records;
COMMENCING at a 1/2" iron rod found for the northwest corner of a tract of land described in
Special Warranty Deed to JEFFERSON PRIMROSE LAND HOLDINGS, LLC, recorded in
Instrument No. D222287027, of said Official Public Records and being in the south right-of-way
line of Sycamore School Road (a variable width right-of-way);
THENCE with said south right-of-way line of Sycamore School Road, North 89°58'08" East, a
distance of 683.96 feet to a 5/8" iron rod with cap stamped "TRANSYSTEMS" found at the
intersection of said south right-of-way line of Sycamore School Road and the west right-of-way
line of Brewer Boulevard (a 110-foot right-of-way) recorded in Instrument No. D218213695, of
said Official Public Records;
THENCE departing said right-of-way line of Sycamore School Road and with said right-of-way
line of Brewer Boulevard, the following courses and distances:
South 00°00'00" East, a distance of 319.76 feet to a 5/8" iron rod with cap stamped
"KHA" set at the beginning of a tangent curve to the left with a radius of 1,055.00 feet, a
central angle of 10°33'21 ", and a chord bearing and distance of South 05° 16'40" East,
194.09 feet;
In a southerly direction, with said tangent curve to the left, an arc distance of 194.36 feet
to a 5/8" iron rod with cap stamped "KHA" set at the beginning of a reverse curve to the
right with a radius of 945.00 feet, a central angle of 10'32'38", and a chord bearing and
distance of South 0597 01" East, 173.66 feet;
Transportation Impact Fee Credit Agreement- CA-23-011 Page 8 of 18
Primrose Station 10/28/2024
In a southerly direction, with said reverse curve to the right, an arc distance of 173.90 feet
to a 5/8" iron rod with cap stamped "TRANSYSTEMS" found for the northeast corner of
said 6.586 acre tract of land and being the POINT OF BEGINNING and being at the
beginning of a non -tangent curve to the right with a radius of 945.00 feet, a central angle
of 00°00'42", and a chord bearing and distance of South 00°00'21" East, 0.19 feet;
THENCE with the north, west, south and east lines of said called 6.586 acre tract, the following
courses and distances:
In a southerly direction, with said non -tangent curve to the right, an arc distance of 0.19
feet to a point for corner South 00°00'00" East, a distance of 567.47 feet to a 5/8" iron rod
with cap stamped "TRANSYSTEMS" found for corner;
North 89'58'11" West, a distance of 561.94 feet to a 5/8" iron rod found for corner;
North 00°00'00" East, a distance of 382.93 feet to a 5/8" iron rod found for corner;
North 69° 18'50" East, a distance of 240.41 feet to a 5/8" iron rod with cap stamped
"KHA" set for corner;
North 00°00'00" East, a distance of 99.64 feet to a 5/8" iron rod found for corner;
South 89°58'43" East, a distance of 337.03 feet to the POINT OF BEGINNING and
containing 286,998 square feet or 6.5886 acres of land leaving a 5,345,502 square feet or
122.7158 acres.
Bearings based on the State Plane Coordinate System, Texas North Central Zone 4202, North
American Datum of 1983.
Transportation Impact Fee Credit Agreement- CA-23-011 Page 9 of 18
Primrose Station 10/28/2024
EXHIBIT B
Map of Property: Primrose Station Preliminary Plat, PP-22-030
VICINITY MAP
Transportation Impact Fee Credit Agreement- CA-23-011
Primrose Station
N6RTH N.T.S.
Page 10 of 18
10/28/2024
EXHIBIT C
Development Plan: Primrose Station Preliminary Plat, PP-22-030
I MATCH
IMM . IMMIMMIMMIMM
"
Transportation Impact Fee Credit Agreement- CA-23-011 Page 11 of 18
Primrose Station 10/28/2024
EXHIBIT D
Eligible Transportation Improvements
,¢o�A
EXHIBIT D
Primrose Station
`Eligible for Credit Against
Transportation Impact Fees
Right -of -Way Dedication &
Construction
,+• t SYCA&iORESCH40t
COLIIYOIIS -
• L qr
a
W AU
:fit .�. .tiR,•."i� `•- 4
� 0— s
4.4
qW
ca Z
ex
t�•
4 �y
LU r I ;IHOPNINOOD
1
w BURGUNDY ld4SE
Ehiible Improvements Reference # Limits
Brewer Blvd FP-23-010 Right-of-way dedication from south of
Brewer Blvd
Brewer Blvd CPN 104256 Construction of south two lanes, street
lights and drainage
Transportation Impact Fee Credit Agreement- CA-23-011 Page 12 of 18
Primrose Station 10/28/2024
EXHIBIT E
Credits Against Transportation Impact Fees
Primrose Station
Transportation Impact Fee Credit Overview
Value of ROW Dedication
Instrument # Final Plat # Eligible Arterial Value
D223217451 FP-23-010 Brewer Blvd $902,932.80
Total ROW Transportation Impact Fee Credit $902,932.80
TrIF Eligible Community Facilities Agreement Construction
City Secretary # CFA # Eligible Arterial Value
60072 CFA#22-0189 Brewer Blvd $7,114,587.95
CPN#104256
75% Community Facilities Agreement Credit Prior to Final Acceptance of the Facility $5,335,940.96
Engineering, Surveying, and Material Testing = 20% of eligible construction costs $1,422,917.59
Total Transportation Impact Fee Credit $7,661,791.35 1
Transportation Impact Fee Credit Agreement- CA-23-011 Page 13 of 18
Primrose Station 10/28/2024
Right -of -Way Valuation for McPherson Blvd
Valuation Method 1 - Percentage of TIP Project Cost
Eligible Arterial
Brewer Blvd
2022 Transportation Improvements Plan Project Number
Y-31
Estimated Construction Costs from 2022 Transportation
$8,426,000
Improvements Plan
Value of Total Project Right -of -Way (20% of Construction Cost)
$1,685,200
Total Project Length (LF)
2740
Arterial Cross -Section Width (LF)
110
Additional ROW needed for Roundabout (SF)
0
Total Project Right -of -Way (SF)
301,400
Right -of -Way Value Per Square Foot
$5.60
Valuation Method 2 - Percentage of Construction Project Cost
Eligible Arterial
Brewer Blvd
City Project Number
104256
Estimated Construction Costs from CFA
$7,114,587.95
Value of Total Project Right -of -Way (20% of Construction Cost)
$1,422,918
Total Project Length (LF)
2722
Arterial Cross -Section Width (LF)
110
Additional ROW needed for Roundabout (SF)
0
Total Project Right -of -Way (SF)
299,420
Right -of -Way Value Per Square Foot
$4.76
Valuation Method 3 - TAD appraised value
TAD Value as of 08/9/2023
Brewer Blvd
TAD Account
42855118
Total Area (SF)
267,545
Appraised Value
$276,390
Value per Square Foot
$1.04
Right -of -Way Dedication
Brewer Blvd
Recording Instrument Number
D223217451
Final Plat Number
FP-23-010
Recording Date
12/8/2023
Total area of ROW dedicated (SF)
161,238
Value per SF
$5.60
ROW Credit Available
$902,932.80
Transportation Impact Fee Credit Agreement- CA-23-011 Page 14 of 18
Primrose Station 10/28/2024
Paving
Item
No.
Description
Unit
Estimated
Quantity
Unit Price
Estimated
Credit Available
1
8" CONC PVMT
SY
10,043
$98.00
$
984,214.00
2
4" CONC SIDEWALK
SF
15,747
$10.00
$
157,470.00
3
6" CONC CURB AND GUTTER
LF
5,485
$3.00
$
16,455.00
4
BARRIER FREE RAMP, TYPE P-1
EA
10
$1,900.00
$
19,000.00
5
BARRIER FREE RAMP, TYPE P-2
EA
0
$0.00
$
-
6
ABUTMENTS
CY
139
$1,580.00
$
219,778.00
7
18" DRILL SHAFTS
LF
741
$390.00
$
288,990.00
8
36" DRILL SHAFTS
LF
160
$220.00
$
35,200.00
9
BENT CAPS
CY
128
$1,500.00
$
191,700.00
10
CONCRETE COLUMNS
CY
23
$2,100.00
$
47,250.00
11
C221 RAIL
LF
785
$236.00
$
185,283.60
12
T221 RAIL
LF
1,637
$162.00
$
265,258.80
13
TX40 BEAMS
LF
1,315
$308.00
$
405,020.00
14
TX46 BEAMS
LF
1,398
$280.00
$
391,440.00
15
TX54 BEAMS
LF
1,007
$286.00
$
288,087.80
16
SIDEWALK COVER PLATE
LBS
558
$15.20
$
8,481.60
17
CONCRETE RIP RAP
CY
208
$670.00
$
139,360.00
18
CLASS S BRIDGE
SF
28,852
$33.00
$
952,116.00
19
CEMENT STABILIZED BACKFILL
CY
437
$290.00
$
126,730.00
20
APPROACH SLABS
CY
202
$1,100.00
$
222,200.00
21
SEJ - EXPANSION JOINTS
LF
218
$234.78
$
51,182.04
22
LIGHT FOUNDATION ON BRIDGE
EA
4
$1,350.00
$
5,400.00
23
TL-3 LOW SPEED TRANSITION (WOOD)
EA
4
$2,500.00
$
10,000.00
24
GUARDRAIL END TREATMENT (MSKT)
EA
4
$4,250.00
$
17,000.00
25
8" SLD PVMT MARKING HAS (W)
LF
299
$2.75
$
822.25
26
6" SLD PVMT MARKING HAS (Y)
LF
7,565
$1.65
$
12,482.25
27
18" SLD PVMT MARKING HAE (Y)
LF
388
$11.00
$
4,268.00
28
PREFORMED THERMOPLASTIC CONTRAST
LF
106
$11.00
$
1,166.00
MARKINGS - 24" STOP BARS
29
PREFORMED THERMOPLASTIC CONTRAST
LF
575
$27.50
$
15,812.50
MARKINGS - 24" CROSSWALK
30
4" SOLID WHITE PAVEMENT MARKINGS
LF
3,850
$1.10
$
4,235.00
31
4" BROKEN WHITE PAVEMENT MARKINGS
LF
90
$2.20
$
198.00
32
4" SOLID YELLOW PAVEMENT MARKINGS
LF
956
$2.20
$
2,103.20
33
SIGNAGE
EA
19
$757.89
$
14,399.91
34
SITE CLEARING
LS
1
$632,948.00
$
632,948.00
35
SITE CLEARING - HAUL OFF SURFACE DEBRIS
LS
1
$2,000.00
$
2,000.00
36
SITE CLEARING - MACHINE GRADE
LS
1
$20,181.00
$
20,181.00
SIDEWALKS
37
SITE CLEARING - BACKFILL CURBS
LS
1
$13,734.00
$
13,734.00
38
SITE CLEARING - REMOVE CONSTRUCTION
LS
1
$1,500.00
$
1,500.00
ENTRANCE
39
SITE CLEARING - REMOVE SILT FENCE
LS
1
$8,748.00
$
8,748.00
40
SITE CLEARING - RESPREAD STOCKPILED
LS
1
$28,236.00
$
28,236.00
TOPSOIL
41
BLOCK SOD PLACEMENT
SF
113,973
$0.45
$
51,287.85
Transportation Impact Fee Credit Agreement- CA-23-011
Page 15 of 18
Primrose
Station
10/28/2024
42
BLOCK SOD PLACEMENT- FINE GRADING
SF
113,973
$0.10
$
11,397.30
Paving Subtotal
$ 5,853,136.10
Storm
Drain
Item
Description
Unit
Eligible
Unit Price
Credit
Available
No.
Quantity
1
21" RCP, CLASS III
LF
536
$92.00
$
49,312.00
2
24" RCP, CLASS III
LF
1,154
$97.00
$
111,938.00
3
36" RCP, CLASS III
LF
265
$165.00
$
43,725.00
4
42" RCP, CLASS III
LF
403
$228.00
$
91,884.00
5
54" RCP, CLASS III
LF
318
$398.00
$
126,564.00
6
24" STRAIGHT HEADWALL, 1 PIPE
EA
2
$8,581.00
$
17,162.00
7
24" FLARED HEADWALL, 1 PIPE
EA
1
$5,906.00
$
5,906.00
8
54" FLARED HEADWALL, 1 PIPE
EA
1
$16,147.00
$
16,147.00
9
4' STORM JUNCTION BOX
EA
6
$8,577.00
$
51,462.00
10
5' STORM JUNCTION BOX
EA
3
$9,242.00
$
27,726.00
11
7' STORM JUNCTION BOX
EA
1
$23,535.00
$
23,535.00
12
10' RECESSED INLET
EA
8
$7,972.00
$
63,776.00
13
15' RECESSED INLET
EA
1
$9,568.00
$
9,568.00
14
4' DROP INLET
EA
2
$10,233.00
$
20,466.00
15
TRENCH SAFETY
LF
2,676
$2.00
$
5,352.00
16
RIP RAP
SY
845
$484.49
$
409,394.05
Storm Drain Subtotal
$ 1,073,917.05
Transportation Impact Fee Credit Agreement- CA-23-011 Page 16 of 18
Primrose Station 10/28/2024
Street Light Improvements
Item
No.
Description
Unit
Quantity
Unit Price
Credit Available
1
2" CONDT PVC SCH 80 (T)
LF
2,830
$16.59
$
46,949.70
2
EXPLORATORY EXCAVATION OF EXISTING
EA
1
$2,090.00
$
2,090.00
UTILITIES
3
NO 2 INSULATED ELEC CONDR
LF
8,490
$3.65
$
30,988.50
4
FURNISH/INSTALL GROUND BOX TYPE B,
EA
10
$1,100.00
$
11,000.00
W/APRON
5
INSTALL TYPE 33A ARM
EA
15
$495.00
$
7,425.00
6
FURNISH/INSTALL 240-480 VOLT SINGLE
EA
1
$10,780.00
$
10,780.00
PHASE TRANSOCKET METERED PEDESTAL
7
LED LIGHTING FIXTURE
EA
15
$1,009.80
$
15,147.00
8
TYPE 18 POLES
EA
15
$2,519.00
$
37,785.00
9
TYPE 3 FOUNDATION
EA
11
$1,375.00
$
15,125.00
10
NO. 2 INSULATED CONDUCTOR FOR
LF
2,830
$3.62
$
10,244.60
GROUND
Street Lights Subtotal
$
187,534.80
Paving Subtotal $ 5,853,136.10
Storm Drain Subtotal $ 1,073,917.05
Street Lights Subtotal $ 187,534.80
Construction Subtotal $7,114,587.95
Transportation Impact Fee Credit Agreement- CA-23-011 Page 17 of 18
Primrose Station 10/28/2024
EXHIBIT F
Allocation of Credits
Credits shall be allocated on a first -come, first -served basis within the preliminary plat of
Primrose Station PP-22-030 based on the date of building permit acceptance for review.
L=
FA
0="'
mom
Transportation Impact Fee Credit Agreement- CA-23-011
Primrose Station
09
Page 18 of 18
10/28/2024