HomeMy WebLinkAboutContract 62580CSCO NO. 62580
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 M/I Homes of DFW, LLC, a Delaware limited liability company 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 45.680 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, 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 C; 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, 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
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Transportation Impact Fee Credit Agreement- CA-24-012 Page 1 of 15
Sanderos-Bailey Boswell 1/6/2025
WHEREAS, the Owner has received preliminary plat approval for Sanderos, PP-22-009,
on 04/27/2023; and
WHEREAS, the Owner has dedicated 117,002 square feet of right-of-way for Bailey
Boswell Road with FP-23-152, recorded as Instrument D224082004, on 5/10/2024; and
WHEREAS, the Owner has received approval for Bailey Boswell Road construction plans
IPRC22-0238 on 10/18/2023, and executed a Community Facilities Agreement (CFA23-0101,
CSCO 60457), on 11/10/2023 with a development bond financial guarantee (CPN# 104630).
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 (for 75% of the eligible roadway construction credit) and final
acceptance by the City has been obtained (for 100% of the eligible roadway construction credit).
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
Transportation Impact Fee Credit Agreement- CA-24-012 Page 2 of 15
Sanderos-Bailey Boswell 1/6/2025
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. A credit agreement
amendment executed by the City, any remaining Owners, and the Owner's Assignee will be
required to formally transfer any credits for use.
8. Amendment. This Agreement shall not be modified or amended except as follows:
(a) Any revision, amendment, assignment, or modification to this Agreement
or any Exhibit or schedule hereto shall be in writing and signed by the Parties.
(b) Any revision, amendment, assignment, 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-24-012 Page 3 of 15
Sanderos-Bailey Boswell 1/6/2025
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 OWNER
M/I Homes of DFW, LLC
Dana EW-a k# a Delaware Limited Liability Company
Dana Burghdoff (Jan �'202515:VCST)
Dana Burghdoff
Assistant City Manager
Jan 7 2025 �`—
Date: Kevin Dym (Jan 6, 202515:30 CST)
Kevin Dym
Vice President
Recommended By:
Z=-4—
Dalton Harrell flan 6, 202515:36 CST)
DJ Harrell
Director, Development Services
City Contract Compliance Manager:
Approved as to Form and Legality: By signing, I acknowledge that I am the
person responsible for the monitoring and
administration of this contract, including
ensuring all performance and reporting
Douglas Black (Jan 6, 2025 17:58 CST) requirements.
Douglas Black
Assistant City Attorney
M&C: None required
Form 1295: None required Awrhifer Ro erts (Jan 6, 2025 15:21 CST)
Jennifer H. Roberts
Assistant Director, Development Services
a4FORTa
ATTEST: p� Foo o .- Department
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Jannette Goodall
City Secretary
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
Transportation Impact Fee Credit Agreement- CA-24-012 Page 4 of 15
Sanderos-Bailey Boswell 1/6/2025
EXHIBIT LIST
"A" Description of the Property
"B" Map of Property
"C" Development Plan
"D" Eligible Transportation Improvements
"E" Credits Against Transportation Impact Fees
"F" Allocation of Credits
Transportation Impact Fee Credit Agreement- CA-24-012 Page 5 of 15
Sanderos-Bailey Boswell 1/6/2025
EXHIBIT A
Description of Property: Sanderos Final Plat, PP-22-009
BEING 45.680 acres of land situated in the H. Robertson Survey, Abstract No. 1798, City of
Fort Worth, Tarrant County, Texas, and being a portion of a tract of land described in deed to
Sanderos Properties LP, according to the deed filed in Instrument #D215060244, Deed Records
of Tarrant County, Texas (D.R.T.C.T.); and being more particularly described by metes and
bounds as follows:
BEGINNING at a 5/8 inch iron rod found at the most northerly northwest corner of said
Sanderos tract, also being the northeast corner of an un-improved Right -of -Way (R-O-W)
dedication for East Bailey Boswell Road (130' in width), according to the plat of Fossil Creek
Tree Farm, an addition to the City of Fort Worth, Tarrant County, Texas, as filed in Cabinet A,
Slide 10706, Plat Records of Tarrant County, Texas (P.R.T.C.T.), also being the southeast corner
of Lot 1, Block 44, Lasater Addition, an addition to the City of Fort Worth, Tarrant County,
Texas, according to the plat filed in Cabinet A, Slide 9188, P.R.T.C.T., and also being the
southwest corner of R-O-W for Running River Lane (56' in width);
THENCE S 89059'16" E, along the north line of said Sanderos tract, passing along the south R-
O-W line of said Running River Lane, the south line of Lots 1 thru 9, Block 45, the south R-O-W
line of Pepperidge Lane (50' in width), and the south line of Lot 1X, Block 40, of said Lasater
Addition, a distance of 1063.42 feet to a bent 1" iron rod found at the northeast corner of said
Sanderos tract, also being the southeast corner of said Lot 1X, and also being in the west R-O-W
line of an un-improved R-O-W dedication for East Bailey Boswell Road (130' in width), as filed
in Instrument #D214243076, D.R.T.C.T., from which a 5/8 inch iron rod with cap stamped
"Carter & Burgess", found at the southeast corner of said Sanderos tract, also being the northeast
corner of the remainder of a tract of land described in deed to South Chisholm Ridge, LTD,
according to the deed filed in Instrument #D203113266, D.R.T.C.T., and also being in the west
line of a tract of land described in deed to Fort Worth West Fork Ranch Homeowners
Association, Inc., according to the deed filed in Instrument #D221064181, D.R.T.C.T., bears S
00018'57" E, a distance of 2387.27 feet;
THENCE S 00018'57" E, along the east line of said Sanderos tract, and along the west R-O-W
line of said East Bailey Boswell Road, also passing along the west line of Lot 20X, Block 50,
Parr Trust, an addition to the City of Fort Worth, Tarrant County, Texas, according to the plat
filed in Instrument #D214223054, P.R.T.C.T., the west R-O-W line of an un-improved R-O-W
dedication for Red Brangus Trail (60' in width), as filed in Instrument #D214243062,
D.R.T.C.T., and the west line of a tract of land described in deed to Fort Worth West Fork Ranch
Homeowners Association, Inc., according to the deed filed in Instrument #D221064181,
D.R.T.C.T., a distance of 2263.94 feet to a 5/8 inch iron rod set with cap stamped "TNP";
THENCE over and across said Sanderos tract, the following courses and distances;
N 59°03'27" W, at a distance of 342.32 feet passing a 5/8 inch iron rod found, and
continuing along said line, in all, a distance of 1155.81 feet to a 5/8 inch iron rod found with
busted yellow cap;
N 30°57'54" E, a distance of 109.99 feet to a 5/8 inch iron rod found;
N 58059'33" W, a distance of 81.09 feet to a 5/8 inch iron rod found at the beginning of a
curve to the right whose radius is 160.00 feet, and whose long chord bears N 47°59'42" W, a
Transportation Impact Fee Credit Agreement- CA-24-012 Page 6 of 15
Sanderos-Bailey Boswell 1/6/2025
distance of 61.13 feet to the south line of Lot 4, Block 1, of said Fossil Creek Tree Farm (Cabinet
A, Slide 10706);
THENCE N 89044'41" E, continuing over and across said Sanderos tract, along the south line of
said Lot 4, a distance of 12.12 feet to a 5/8 inch iron rod found at the southeast corner of said Lot
4, and being the beginning of a curve to the right whose radius is 150.00 feet, and whose long
chord bears N 3091'57" W, a distance of 46.53 feet;
THENCE continuing over and across said Sanderos tract, along the east line of said Lot 4, and
Lot 3 of said Block 1, Fossil Creek Tree Farm (Cabinet A, Slide 10706), the following courses
and distances;
Along said curve in a northwesterly direction through a central angle of 17°50'36", an arc
length of 46.71 feet to a 5/8 inch iron rod found at the end of said curve;
N 21 °23'04" W, a distance of 100.92 feet to a 5/8 inch iron rod with un-readable cap,
found at the beginning of a curve to the right whose radius is 75.00 feet, and whose long chord
bears N 15°24'27" E, a distance of 90.17 feet;
Along said curve in a northeasterly direction through a central angle of 73°54'03", an arc
length of 96.74 feet to a 5/8 inch iron rod with cap stamped "Carter & Burgess", found at the end
of said curve;
N 52° 19'37" E, a distance of 19.32 feet to a 5/8 inch iron rod with cap stamped "Carter &
Burgess", found at the beginning of a curve to the left whose radius is 200.00 feet, and whose
long chord bears N 41 °44'37" E, a distance of 74.08 feet;
Along said curve in a northeasterly direction through a central angle of 21 °20'42", an arc
length of 74.51 feet to a 5/8 inch iron rod with cap stamped "Carter & Burgess", found at the end
of said curve;
N 30°52'16" E, a distance of 75.21 feet to a 5/8 inch iron rod with cap stamped "Carter &
Burgess", found at the beginning of a curve to the left whose radius is 100.00 feet, and whose
long chord bears N 15°20'34" E, a distance of 53.92 feet;
Along said curve in a northeasterly direction through a central angle of 31 ° 165 ", an arc
length of 54.60 feet to a 5/8 inch iron rod found at the end of said curve;
N 0098'44" W, a distance of 293.75 feet to a 5/8 inch iron rod found at the beginning of
a curve to the left whose radius is 275.00 feet, and whose long chord bears N 11'58'38" W, a
distance of 112.24 feet;
Along said curve in a northwesterly direction through a central angle of 23°33'00", an are
length of 113.03 feet to a 5/8 inch iron rod with broken yellow cap, found at the end of said
curve;
N 23°48'06" W, a distance of 202.02 feet to a 5/8 inch iron rod with cap stamped "Carter
& Burgess", found at the beginning of a curve to the right whose radius is 150.00 feet, and whose
long chord bears N 11'56'32" W, a distance of 61.84 feet;
Along said curve in a northwesterly direction through a central angle of 23°47'35", an arc
length of 62.29 feet to a 5/8 inch iron rod with cap stamped "Carter & Burgess", found at the end
of said curve;
N 00'01'08" W, continuing over and across said Sanderos tract, along the east line of said
Block 1, Fossil Creek Tree Farm, also passing along the east end of said R-O-W line of East
Bailey Boswell Road (Cabinet A, Slide 10706), a distance of 439.30 feet to the POINT OF
BEGINNING and containing 1,989,823 square feet or 45.680 acres of land.
Transportation Impact Fee Credit Agreement- CA-24-012 Page 7 of 15
Sanderos-Bailey Boswell 1/6/2025
EXHIBIT B
Map of Property: Sanderos, Preliminary Plat, PP-22-009
VICINITY MAP
PROJECT LOCATION
W BAILEY BOSWELL RD / L BAILLY BUSWLLL RU 81
5
WJ BOAZ RD d�
W MCLERDY BLVD
CROMWELL MARIg CREEK R
g LONGHORN RD
F
s 82
Z
A az
T
N.T.S.
C-)
Transportation Impact Fee Credit Agreement- CA-24-012 Page 8 of 15
Sanderos-Bailey Boswell 1/6/2025
EXHIBIT C
Development Plan: Sanderos Preliminary Plat, PP-22-009
KI ��41�d Ma 1 �� �• ! i i i 1 i 1 i
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I' it9p ij�
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Mo Ii 1 �9. I I' li rr li„)
II li�, !li;�tlE• 1, t (1 1 ?E 1111r
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�ti{9J 1 1;
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Transportation Impact Fee Credit Agreement- CA-24-012 Page 9 of 15
Sanderos-Bailey Boswell 1/6/2025
EXHIBIT D
Eligible Transportation Improvements
Sanderos-Bailey Boswell
Eligible Transportation Improvements
for Credit against Transportation
«"-Vr,PEPPERZG 17Impact Fees
Key
Kti _-
N,asartux. , r AA Development Plan Area
Right -of -Way Dedication /
Roadway Construction
",�arss�a�wa�r'R1 Eo * .
PV
SHAD BUSH
y` .."*+� fix•
4 k
7P'
OPACii �ItiEF1� .
Tri
FPLlAGE a ~r �': PR�Fra
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CENTRAL ��
BLANKET. � :. s co, ti
IM
Eligible Improvements Reference # Limits
Bailey Boswell FP-23-152 Right-of-way dedication from east of
Bailey Boswell.
CPN 104630 Construction of sidewalks, street lights
CSCO 60457 and drainage
CFA23-0101
Transportation Impact Fee Credit Agreement- CA-24-012 Page 10 of 15
Sanderos-Bailey Boswell 1/6/2025
EXHIBIT E
Credits Against Transportation Impact Fees
Transportation Impact Fee Credit Overview
Value of ROW Dedication
Instrument # Final Plat # Eligible Arterial
D224082004 FP-23-152 Bailey Boswell Rd
ROW Transportation Impact Fee Credit
Value
$580,329.92
$580,329.92
TrIF Eligible Community Facilities Agreement Construction - 75% Eligible
City Secretary # CFA # Eligible Arterial Value
CFA23-0101
60457 CPN 104630 Bailey Boswell Rd $3,087,026.85
IPRC22-0238
75% Community Facilities Agreement
Credit Prior to Final Acceptance of the $2,315,270.14
Facility
Engineering, Surveying, and Material Testing = 20% of total $617,405.37
eligible construction costs
Transportation Impact Fee Credit $3,513,005.43 1
Transportation Impact Fee Credit Agreement- CA-24-012 Page 11 of 15
Sanderos-Bailey Boswell 1/6/2025
Right -of -Way Valuation for Sanderos
Valuation Method 1 - Percentage of TIP Project Cost
Eligible Arterial
Bailey Boswell Rd
2022 Transportation Improvements Plan Project Number
C-37
Estimated Construction Costs from 2022 Transportation
$10,001,000
Improvements Plan
Value of Total Project Right -of -Way (20% of Construction
$2,000,200
Cost)
Total Project Length (LF)
3670
Arterial Cross -Section Width (LF)
110
Additional ROW needed for Roundabout (SF)
$0
Total Project Right -of -Way (SF)
403700
Right -of -Way Value Per Square Foot
$4.96
Valuation Method 2 - Percentage of Construction Project
Cost
Eligible Arterial Bailey Boswell Rd
City Project Number 104630
Final Construction Costs from Notice of Completion (Green
$799,714.20
Sheet)
Value of Total Project Right -of -Way (20% of Construction $159,943
Cost)
Total Project Right -of -Way (SF) 117,002
Right -of -Way Value Per Square Foot $1.37
Valuation Method 3 - TAD appraised value
Bailey Boswell Rd
TAD Account
42858885
Total Area (SF)
1,837,274
Appraised Value
$721,780.00
Value per Square Foot
$0.40
Right -of -Way Dedication
Bailey Boswell Rd
Recording Instrument Number
D224082004
Final Plat Number
FP-23-152
Recording Date
5/10/2024
Total area of ROW dedicated (SF)
117,002
Value per SF
$4.96
ROW Credit Available
$580,329.92
Transportation Impact Fee Credit Agreement- CA-24-012 Page 12 of 15
Sanderos-Bailey Boswell 1/6/2025
Bidlist
Quantity
Eligible
Item
Description
Unit
Unit Price
Credit Available
Bid
Quantity
No.
UNIT III: DRAINAGE LMPROVEMENTS
1
3341.0201 21" RCP, Class III
LF
285
285
$91.00
$25,935.00
2
3341.0205 24" RCP, Class III
LF
493
493
$103.00
$50,779.00
3
3341.0208 27" RCP, Class III
LF
145
145
$118.00
$17,110.00
4
3341.0302 30" RCP, Class III
LF
102
102
$127.00
$12,954.00
5
3341.1002 3'x3' Box Culvert
LF
342
342
$285.00
$97,470.00
6
3341.1102 4'x3' Box Culvert
LF
292
292
$321.00
$93,732.00
7
3341.1201 5'x3' Box Culvert
LF
542
542
$381.00
$206,502.00
8
3341.1302 6'x3' Box Culvert
LF
45
45
$457.00
$20,565.00
9
3341.2002 10'x5' Box Culvert
LF
826
826
$947.00
$782,222.00
10
3349.5001 10' Curb Inlet
EA
12
12
$5,950.00
$71,400.00
11
3349.7001 4' Drop Inlet
EA
1
1
$5,800.00
$5,800.00
12
3349.0001 4' Storm Junction Box
EA
1
1
$5,800.00
$5,800.00
13
3349.0003 6' Storm Junction Box
EA
1
1
$6,900.00
$6,900.00
14
3349.0004 7' Storm Junction Box
EA
1
1
$7,400.00
$7,400.00
15
3349.0005 8' Storm Junction Box
EA
1
1
$8,300.00
$8,300.00
16
3137.0104 12" Stone Riprap, dry
SY
1,040
1,040
$88.00
$91,520.00
17
0241.4401 Remove Headwall/SET
EA
2
2
$800.00
$1,600.00
18
3305.0109 Trench Safety
LF
3,072
3,072
$0.50
$1,536.00
19
3349.4105 24" Safety End Treatment
EA
2
2
$2,600.00
$5,200.00
(TxDOT SET P-CD)
20
9999.0012 14 - 10'x5' Box Culvert
EA
2
2
$229,100.00
$458,200.00
Headwall (TxDOT PV)
21
9999.0013 PR -I I Pedestrian Rail
LF
626
626
$148.00
$92,648.00
TOTAL UNIT III: DRAINAGE IMPROVEMENTS
-
I
$2,063,573.00
Transportation Impact Fee Credit Agreement- CA-24-012 Page 13 of 15
Sanderos-Bailey Boswell 1/6/2025
Bidlist
Quantity
Eligible
Item
Description
Unit
Unit Price
Credit Available
Bid
Quantity
No.
UNIT IV: PAVJ�NG IMPROVEMENTS
1
3212.0502 5" Asphalt Base Type B
SY
897
0
$47.75
$0
2
3213.0106 11" Cone Pvmt
SY
7,170
7,170
$77.85
$558,184.50
3
3211.0502 8" Lime Stabilized Subgrade
SY
8,750
8,750
$3.50
$30,625.00
(48#/SY)
4
3211.0400 Hydrated Lime
TON
210
210
$343.00
$72,030.00
5
3213.0506 Barrier Free Ramp, Type P-1
EA
6
6
$2,975.00
$17,850.00
6
9999.0014 10' Sidewalk
SF
21,400.0
21,400
$7.60
$162,640.00
7
9999.0015 Pavement Markings/ Signage
LS
1
1
$18,275.00
$18,275.00
8
9999.0016 Connect to Existing
EA
1
1
$2,000.00
$2,000.00
9
9999.0017 End of Road Barricade and
EA
1
1
$2,000.00
$2,000.00
Header
10
9999.0018 Sawcut & Remove Concrete
LF
120
120
$10.00
$1,200.00
Curb & Gutter
11
9999.0021 Sidewalk Retaining Wall
LF
420
420
$61.55
$25,851.00
TOTAL UNIT IV: PAVING IMPROVEMENTS
_
1
$890,655.50
Bidlist
Quantity
Eligible
Unit
Item
Description
Unit
Credit Available
Bid
Quantity
Price
No.
UNIT V: STREET LIGJITINCF IMPROVEMENTS
1
2605.3015 2" CONDT PVC SCH 80 (T) LF 2,255
2,255
$18.01
$40,612.55
2
3441.1502 Ground Box Type B, w/Apron EA 6
6
$662.00
$3,972.00
3
3441.3002 Rdwy Illum Assembly TY 18 EA 11
11
$3,221.00
$35,431.00
4
3441.3301 Rdwy Illum Foundation TY 3 EA 11
11
$1,955.00
$21,505.00
5
9999.0019 #10 XHHW LF 6,765
6,765
$3.72
$25,165.80
6
9999.0020 240/48V Metered Electric Service
EA 1
1
$6,112.00
$6,112.00
Pedestal with Lighting Contactor
TOTAL UNIT V: STREET LIGHTING IMPROVEMENTS
$132,798.35
UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS
1
I I I
1
$0.00
TOTAL UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS
_
$0.00
UNIT III: DRAINAGE IMPROVEMENTS
$2,063,573.00
UNIT IV: PAVING IMPROVEMENTS
$890,655.50
UNIT V: STREET LIGHTING IMPROVEMENTS
$132,798.35
UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS I
$0.00
VALUE OF CFA23-0101, CPN 104630 ELIGIBLE CONSTRUCTION SUBTOTAL
$3,087,026.85
Transportation Impact Fee Credit Agreement- CA-24-012 Page 14 of 15
Sanderos-Bailey Boswell 1/6/2025
EXHIBIT F
Allocation of Credits
Allocation of Credits shall be as listed below and then on a first-come/first-served basis within
the preliminary plat boundary of Sanderos Preliminary Plat, PP-22-009 and shall run with the
land
it ;t KI •r�•.i r r; 1 '1 r . . . . . r . . r• r r ilUl
7pf! IIGI 'lie 1 (;i 1• t{ t ° (' ( f 1 ; ! { i is rya !
; Zi
1 �: , Itt Irl•i : ; 1 , ii t 11 t 1 , { t i+ + �. ina= i (! "
;t 1t9t tYlQ`r• 1 t ;I i �I r It } �, R�s� !ii`s!
e+!fit t
r �, i, r•.i I. i � € ; ! i [ ,t �z try �yf� ! 8
g !t'1 1• Ir fk�l,u• dt , . '.. ! „ ; r r ,, ! t t` { t tr +1! ; g
1 !` tt t r•It t•r'1 { s{' t. i 1 tj li tr li ,r 1 ! it 1 rip r+• �z§ �� i� �ii�ti a
, t e•. r �, ,..�j rr : r t si I s• I !! P
1 1'•�+' ` •I+rf i'4 t 1� 7 i+l . $rt P } i! !
11; .lei;; :il;'• !t� t•(t 1 I � u �Itr (( •, �/ •t (e •1(,. $ .. • 1; ., (; `+ li ';, � r
��f iif,t �it`I ,1 r�) �� 11,1 It! ��lii 'tt 1! i! 1: it I. `•.I � ! I 1 t! 11 i+ 1� i! 1� � �� �..
.•! .I rt E.rlttl:( 1pjj� t i� i �ii 1;11i i(I� �i i! 8i 1(! 1 $ $111i li i' ii jI Ij a R(s(
itl I:,,tt Mi:i!!1!1 1i4,? 1 • IsrN, 1 • 1.
- 11 1
— i11;
Transportation Impact Fee Credit Agreement- CA-24-012 Page 15 of 15
Sanderos-Bailey Boswell 1/6/2025