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HomeMy WebLinkAboutContract 62921Transportation Impact Fee Credit Agreement- CA 24-017 Page 1 of 19 Orchard Village Phase 2 2/19/2025 CSCO NO.____________________ 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 Orchard Village, Ltd., a Texas Limited Partnership 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 developer, and is or has been the owner, of approximately 44.337 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 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, 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 Transportation Impact Fee Credit Agreement- CA 24-017 Page 2 of 19 Orchard Village Phase 2 2/19/2025 WHEREAS, the Owner has received final plat approval for Orchard Village (Phase 2) FP- 18-105, on 11/30/2023; and WHEREAS, the Owner has dedicated 196,795 square feet of right-of-way for Oak Grove- Shelby Road with FP-18-105, recorded as Instrument D223225347, on 12/21/2023; and WHEREAS, the Owner has received approval for construction plans IPRC18-0065 on 09/06/2019, and executed a Community Facilities Agreement (CFA19-0046, CSCO 57658), on 6/2/2022, and obtained final acceptance by the City for Oak Grove-Shelby Road, CPN 101816, on 9/10/2024. 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 Transportation Impact Fee Credit Agreement- CA 24-017 Page 3 of 19 Orchard Village Phase 2 2/19/2025 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. 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) 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 �Jesica McEachern Assistant City Manager Date: __ M_a_r_7_,_2_0_2S ___ _ Recommended By: Dalton Harrell:lfeb 25, 202513:52 CST) DJ Harrell Director, Development Services Approved as to Form and Legality: Douglas Black (Feb 28, 2025 13:16 CST) Douglas Black Assistant City Attorney M&C: None required Form 1295: None required ATTEST: Jannette Goodall City Secretary OWNER Orchard Village, Ltd., a Texas limited partnership By: C.I.L. Holdings LLC, a Texas limited liability company, its general partner By: sefo��:rwo3csr1 Sean Mulroony Vice President, Land Development & Acquisitions 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. Jennifer H. Roberts Assistant Director, Development Services Depaitment Transportation Impact Fee Credit Agreement-CA 24-017 Orchard Village Phase 2 Page 4 of 192/19/2025 Transportation Impact Fee Credit Agreement- CA 24-017 Page 5 of 19 Orchard Village Phase 2 2/19/2025 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 24-017 Page 6 of 19 Orchard Village Phase 2 2/19/2025 EXHIBIT A Description of Property: Orchard Village (Phase 2) Final Plat, FP-18-105 A tract of land situated in situated in Block 20 and Block 23 of the Shelby County School Land Survey, Abstract No. 1375, City of Fort Worth, Tarrant County, Texas, being that tract of land as described in deed recorded in D219065386, Official Public Records, Tarrant County, Texas (OPRTCT), and being more particularly described as follows: COMMENCING at a mag nail with shiner stamped GOODWIN & MARSHALL set at the location of a mag nail with shiner stamped JPH LAND SURVEYING previously found (now obliterated) in Rendon Road (R.O.W. varies) at the southeast corner of the final plat of Everman Junior High School #2 Addition, an addition to the City of Fort Worth, Tarrant County, Texas as recorded in D209253723, OPRTCT and the most easterly northeast corner of a tract of land as described in deed to Orchard Farms Ventures LLC, recorded in D222061225, as corrected in D222296847, OPRTCT; THENCE S 00 29'40" E, within said Rendon Road, along the east line of said Orchard Farms Ventures tract, a distance of 866.90 feet to a PK nail with shiner stamped GOODWIN & MARSHALL set at the most easterly southeast corner of said Orchard Farms Ventures tract and the most easterly northeast corner of said Orchard Village tract, being the POINT OF BEGINNING of the herein described tract of land; THENCE S 00 29'40" E, within said Rendon Road, along the east line of said Orchard Village tract, a distance of 231.90 feet to a 1/2" rebar capped found at the southeast corner of said Orchard Village tract, being called the southeast corner of a 175.138 acre tract of land as described in deed to ICI-LEJ, Ltd., recorded in Volume 10809, Page 1820, Deed Records, Tarrant County, Texas, from which a 1/2" rebar capped Pacheco Koch found bears N 63 20' W, 22.67 feet, and a mag nail with shiner stamped JPH LAND SURVEYING found at the northeast corner of said ICI-LEJ, Ltd. tract bears N 00 29'40" W, 2638.53 feet (deeds 2640.97 feet & 2638.68 feet); THENCE S 89 25'45" W, departing said Rendon Road, along the south line of said Orchard Village tract, a distance of 2631.41 feet to a 5/8" rebar capped JACOBS found at an angle point in the south line of said Orchard Village tract and said ICI-LEJ, Ltd. tract, the northwest corner of a tract of land as described in deeds to CVN Partnership, recorded in D218077650 & D21800127, OPRTCT, and the most easterly northeast corner of a tract of land as described in deed to TTP Partnership, recorded in D216210857, OPRTCT; THENCE S 89 07'54" W, along the south line of said Orchard Village tract and the north line of said TTP Partnership tract, a distance of 195.43 feet (deeds 195.43 feet & 195.33 feet) to a 1" rebar found; Transportation Impact Fee Credit Agreement- CA 24-017 Page 7 of 19 Orchard Village Phase 2 2/19/2025 THENCE S 89 25'30" W, along the south line of said Orchard Village tract and the north line of said TTP Partnership tract, a distance of 101.72 feet (deeds 101.72 feet & 101.65 feet) to a 5/8" rebar capped JACOBS found at the southwest corner of said Orchard Village tract and a corner of said TTP Partnership tract, said point being an angle point in the east line of Tract II as described in deed to Crimson Ridge Land Partners LLC, recorded in D214109111, OPRTCT; THENCE N 10 14'41" W, along the west line of said Orchard Village tract and the east line of said Crimson Ridge Land Partners Tract II, a distance of 489.49 feet to a 1/2" rebar capped GMCIVIL set (hereafter referred to as 1/2" rebar capped set) at the most westerly northwest corner of said Orchard Village tract and the most westerly southwest corner of said Orchard Farms Ventures tract, from which a 1/2" rebar found at an angle point in the west line of said Orchard Farms Ventures tract bears N 10 14'41" W, 1945.20 feet; THENCE departing the east line of said Crimson Ridge Land Partners Tract II, along the line common to said Orchard Village tract and said Orchard Farms Ventures tract, as follows: N 79 45'19" E, a distance of 111.00 feet to a 1/2" rebar capped set; N 34 45'19" E, a distance of 14.14 feet to a 1/2" rebar capped set; N 79 45'19" E, a distance of 50.00 feet to a 1/2" rebar capped set; S 55 14'41" E, a distance of 14.14 feet to a 1/2" rebar capped set; N 79 45'19" E, a distance of 63.17 feet to a 1/2" rebar capped set at the beginning of a tangent curve to the right, having a radius of 525.00 feet; Northeasterly, along said curve, having a central angle of 02 03'25", an arc distance of 18.85 feet, and a chord that bears N 80 47'01" E, 18.85 feet to a 1/2" rebar capped set at the end of said curve; N 36 03'24" E, non-tangent to said curve, a distance of 13.82 feet to a 1/2" rebar capped set; N 83 46'44" E, a distance of 16.04 feet to a 1/2" rebar capped set; S 52 31'21" E, a distance of 14.80 feet to a 1/2" rebar capped set at the beginning of a non-tangent curve to the right, having a radius of 525.00 feet; Northeasterly, along said curve, having a central angle of 03 41'01", an arc distance of 33.75 feet, and a chord that bears N 87 35'14" E, 33.75 feet to a 1/2" rebar capped set at the end of said curve; Transportation Impact Fee Credit Agreement- CA 24-017 Page 8 of 19 Orchard Village Phase 2 2/19/2025 N 89 25'45" E, tangent to said curve, a distance of 49.46 feet to a 1/2" rebar capped set; N 39 35'32" E, a distance of 12.90 feet to a 1/2" rebar capped set; N 89 25'45" E, a distance of 50.72 feet to a 1/2" rebar capped set; S 50 24'28" E, a distance of 15.28 feet to a 1/2" rebar capped set; N 89 25'45" E, a distance of 83.47 feet to a 1/2" rebar capped set; N 39 35'32" E, a distance of 12.90 feet to a 1/2" rebar capped set; N 89 25'45" E, a distance of 16.23 feet to a 1/2" rebar capped set; S 50 24'28" E, a distance of 15.28 feet to a 1/2" rebar capped set; N 89 25'45" E, a distance of 83.47 feet to a 1/2" rebar capped set; N 39 35'32" E, a distance of 12.90 feet to a 1/2" rebar capped set; N 89 25'45" E, a distance of 50.72 feet to a 1/2" rebar capped set; S 50 24'28" E, a distance of 15.28 feet to a 1/2" rebar capped set; N 89 25'45" E, a distance of 81.44 feet to a 1/2" rebar capped set; N 39 35'32" E, a distance of 12.90 feet to a 1/2" rebar capped set; N 10 14'41" W, a distance of 722.87 feet to a 1/2" rebar capped set the most northerly northwest corner of said Orchard Village tract and a corner of a said Orchard Farms Ventures tract; THENCE along the line common to said Orchard Village tract and said Orchard Farms Venture tract, as follows: N 79 45'19" E, a distance of 166.00 feet to a 1/2" rebar capped set; S 10 14'41" E, a distance of 73.53 feet to a 1/2" rebar capped set; S 50 24'28" E, a distance of 15.28 feet to a 1/2" rebar capped set; N 89 25'45" E, a distance of 1015.66 feet to a 1/2" rebar capped set; Transportation Impact Fee Credit Agreement- CA 24-017 Page 9 of 19 Orchard Village Phase 2 2/19/2025 N 44 25'45" E, a distance of 14.14 feet to a 1/2" rebar capped set; N 89 25'45" E, a distance of 50.00 feet to a 1/2" rebar capped set; S 00 34'15" E, a distance of 118.00 feet to a 1/2" rebar capped set; S 45 34'15" E, a distance of 14.14 feet to a 1/2" rebar capped set; S 00 34'15" E, a distance of 50.00 feet to a 1/2" rebar capped set; S 44 25'45" W, a distance of 14.14 feet to a 1/2" rebar capped set; S 00 34'15" E, a distance of 200.00 feet to a 1/2" rebar capped set; S 45 34'15" E, a distance of 14.14 feet to a 1/2" rebar capped set; S 00 34'15" E, a distance of 50.00 feet to a 1/2" rebar capped set; S 44 25'45" W, a distance of 14.14 feet to a 1/2" rebar capped set; S 00 34'15" E, a distance of 205.00 feet to a 1/2" rebar capped set; S 45 34'15" E, a distance of 14.14 feet to a 1/2" rebar capped set; S 00 34'15" E, a distance of 60.00 feet to a 1/2" rebar capped set; S 44 25'45" W, a distance of 14.14 feet to a 1/2" rebar capped set; S 00 34'15" E, a distance of 215.00 feet to a 1/2" rebar capped set; S 45 34'15" E, a distance of 14.14 feet to a 1/2" rebar capped set; S 00 34'15" E, a distance of 50.00 feet to a 1/2" rebar capped set; S 44 25'45" W, a distance of 14.14 feet to a 1/2" rebar capped set; S 00 34'15" E, a distance of 115.00 feet to a 1/2" rebar capped set; S 45 34'15" E, a distance of 14.14 feet to a 1/2" rebar capped set; N 89 25'45" E, a distance of 286.15 feet to a 1/2" rebar capped set at the beginning of a tangent curve to the left, having a radius of 1095.00 feet; Transportation Impact Fee Credit Agreement- CA 24-017 Page 10 of 19 Orchard Village Phase 2 2/19/2025 Northeasterly, along said curve, having a central angle of 13 33'42", an arc distance of 259.18 feet, and a chord that bears N 82 38'54" E, 258.58 feet to a 1/2" rebar capped set at the end of said curve; N 75 52'03" E, tangent to said curve, a distance of 169.27 feet to a 1/2" rebar capped set at the beginning of a tangent curve to the right, having a radius of 1205.00 feet; Northeasterly, along said curve, having a central angle of 07 53'33", an arc distance of 165.99 feet, and a chord that bears N 79 48'50" E, 165.86 feet to a 1/2" rebar capped set at the end of said curve; N 83 45'37" E, tangent to said curve, a distance of 110.25 feet to a 1/2" rebar capped set; N 39 46'03" E, a distance of 21.58 feet to a 1/2" rebar capped set at the beginning of a non- tangent curve to the right, having a radius of 1755.00 feet; Northwesterly, along said curve, having a central angle of 01 37'57", an arc distance of 50.00 feet, and a chord that bears N 03 09'51" W, 50.00 feet to a 1/2" rebar capped set at the end of said curve; N 87 39'08" E, radial to said curve, a distance of 54.11 feet to the POINT OF BEGINNING and containing 1,931,333 square feet or 44.337 acres of land. Transportation Impact Fee Credit Agreement- CA-24-017 Page 11 of 19 Orchard Village Phase 2 2/19/2025 EXHIBIT B Map of Property: Orchard Village (Phase 2) Final Plat, FP-18-105 Transportation Impact Fee Credit Agreement- CA-24-017 Page 12 of 19 Orchard Village Phase 2 2/19/2025 EXHIBIT C Development Plan: Orchard Village (Phase 2) Final Plat, FP-18-105 Transportation Impact Fee Credit Agreement- CA-24-017 Page 13 of 19 Orchard Village Phase 2 2/19/2025 Transportation Impact Fee Credit Agreement- CA-24-017 Page 14 of 19 Orchard Village Phase 2 2/19/2025 EXHIBIT D Eligible Transportation Improvements Eligible Improvements Reference #Limits Oak Grove-Shelby Rd FP-18-105 Right-of-way dedication Oak Grove-Shelby Rd CPN 101816 CFA19-0046 CSCO 57658 IPRC18-0065 Construction of paving, streetlights, and drainage Transportation Impact Fee Credit Agreement- CA-24-017 Page 15 of 19 Orchard Village Phase 2 2/19/2025 EXHIBIT E Credits Against Transportation Impact Fees Transportation Impact Fee Credit Overview Value of ROW Dedication Instrument # Final Plat # Eligible Arterial Value D223225347 FP-18-105 Oak Grove-Shelby Rd $1,220,129.00 ROW Transportation Impact Fee Credit $1,220,129.00 TrIF Eligible Community Facilities Agreement Construction - 100% Eligible City Secretary # CFA # Eligible Arterial Value 57658 CFA19-0046 CPN 101816 IPRC18-0065 Oak Grove-Shelby Rd $2,093,831.50 Total Transportation Impact Fee Eligible Community Facilities Agreement Value $2,093,831.50 Engineering, Surveying, and Material Testing = 20% of total eligible construction costs $418,766.30 Transportation Impact Fee Credit $3,732,726.80 Transportation Impact Fee Credit Agreement- CA-24-017 Page 16 of 19 Orchard Village Phase 2 2/19/2025 Right-of-Way Valuation for Valuation Method 1 - Percentage of TIP Project Cost Eligible Arterial Risinger Road 2022 Transportation Improvements Plan Project Number Z-11 Estimated Construction Costs from 2022 Transportation Improvements Plan $7,547,000 Value of Total Project Right-of-Way (20% of Construction Cost) $2,607,800 Total Project Length (LF) 5260 Arterial Cross-Section Width (LF)80 Additional ROW needed for Roundabout (SF) 0 Total Project Right-of-Way (SF) 420,800 Right-of-Way Value Per Square Foot $6.20 Valuation Method 2 - Percentage of Construction Project Cost Eligible Arterial Risinger Road City Project Number 101816 Final Construction Costs from Notice of Completion (Green Sheet)$2,093,831.50 Value of Total Project Right-of-Way (20% of Construction Cost) $418,766 Total Project Length (LF) 2631 Arterial Cross-Section Width (LF)80 Additional ROW needed for Roundabout (SF) 0 Total Project Right-of-Way (SF) 196,795 Right-of-Way Value Per Square Foot $2.13 Valuation Method 3 - TAD appraised value Risinger Road TAD Account 42493666 Total Area (SF) 754,329 Appraised Value $883,350.00 Value per Square Foot $1.18 Right-of-Way Dedication Risinger Road Recording Instrument Number D223225347 Final Plat Number FP-18-105 Recording Date 12/21/2023 Total area of ROW dedicated (SF) 196,795 Value per SF $6.20 ROW Credit Available $1,220,129.00 Transportation Impact Fee Credit Agreement- CA-24-017 Page 17 of 19 Orchard Village Phase 2 2/19/2025 Bidlist Item No. Description Unit Completed Quantity Eligible Quantity Unit Price Credit Available UNIT III: DRAINAGE IMPROVEMENTS 17 3349.5001 10' Curb Inlet (see c/o#2)EA 7 11 $3,600.00 $39,600.00 22 3341.0201 21" Class III R.C.P. LF 365 367 $70.00 $25,690.00 23 3341.0205 24" Class III R.C.P. LF 869 67 $75.00 $5,025.00 35 3341.1304 6' x 5' Box Culvert LF 1,248 959 $420.00 $402,780.00 36 9999.0004 8' x 3' Box Culvert LF 318 316 $460.00 $145,360.00 38 3341.1603 9' x 6' Box Culvert LF 733 723 $635.00 $459,105.00 39 3341.1604 9' x 7' Box Culvert LF 218 189 $665.00 $125,685.00 40 9999.0005 8' x 3' Box Culvert Sloped End Headwall EA 1 1 $11,500.00 $11,500.00 41 9999.0006 9' x 7' Box Culvert Sloped End Headwall EA 1 1 $13,500.00 $13,500.00 46 3305.0109 Trench Safety LF 6,458 2,621 $2.00 $5,242.00 47 3305.0112 Concrete Collar EA 13 1 $750.00 $750.00 48 3137.0102 Large Rock Rip-Rap SY 284 284 $125.00 $35,500.00 49 3137.0104 Medium Rock Rip-Rap SY 1,128 766 $105.00 $80,430.00 c/o 2 Access Riser 0 0 6 $3,500.00 $21,000.00 c/o 3 11' x 9' Junction Box 0 0 1 $39,600.00 $39,600.00 c/o 3 11' x 11' Junction Box 0 0 1 $46,200.00 $46,200.00 TOTAL UNIT III: DRAINAGE IMPROVEMENTS $1,456,967.00 UNIT IV: PAVING IMPROVEMENTS 52 3213.0105 10" Concrete Pavement (Arterial)SY 5,401 5,401 $78.00 $421,278.00 55 3211.0502 8" Lime Treatment SY 5,882 5,882 $3.75 $22,057.50 57 3211.0400 Hydrated Lime @ 36 lbs./S.Y. (Arterial) TON 106 106 $195.00 $20,670.00 58 3213.0506 P-1 Ramp EA 61 4 $1,400.00 $5,600.00 61 9999.0007 10' Concrete Sidewalk LF 1,970 1,970 $40.00 $78,800.00 62 9999.0008 End of Road Barricade EA 12 1 $750.00 $750.00 63 9999.0009 Concrete Header LF 292 23 $30.00 $675.00 64 9999.0010 St Sign w/Stop Sign EA 13 3 $750.00 $2,250.00 65 9999.0011 St Marker Blade EA 26 6 $300.00 $1,800.00 66 3291.0100 Topsoil CY 35 35 $30.00 $1,050.00 67 3292.0100 Block Sod Placement SY 413 413 $8.00 $3,304.00 TOTAL UNIT IV: PAVING IMPROVEMENTS $558,234.50 Transportation Impact Fee Credit Agreement- CA-24-017 Page 18 of 19 Orchard Village Phase 2 2/19/2025 Bidlist Item No. Description Unit Completed Quantity Eligible Quantity Unit Price Credit Available UNIT V: STREET LIGHTING IMPROVEMENTS 68 3441.3201 LED Lighting Fixture EA 30 7 $750.00 $5,250.00 69 2605.3011 2" Conduit PVC SCH 40 (T)LF 5,077 1,880 $14.00 $26,320.00 70 3441.1408 No. 6 Insulated Elec Condr LF 15,231 5,640 $4.00 $22,560.00 71 3441.3301 Rdwy Illum Foundation (Type 1,2, and 4) EA 30 7 $1,300.00 $9,100.00 73 3441.3342 Rdwy Illum Pole (Type 18)EA 7 7 $2,200.00 $15,400.00 TOTAL UNIT V: STREET LIGHTING IMPROVEMENTS $78,630.00 Bid Summary UNIT III: DRAINAGE IMPROVEMENTS $1,456,967.00 UNIT IV: PAVING IMPROVEMENTS $558,234.50 UNIT V: STREET LIGHTING IMPROVEMENTS $78,630.00 VALUE OF CFA19-0046, CPN 101816 ELIGIBLE CONSTRUCTION SUBTOTAL $2,093,831.50 Transportation Impact Fee Credit Agreement- CA-24-017 Page 19 of 19 Orchard Village Phase 2 2/19/2025 EXHIBIT F Allocation of Credits Allocation of Credits shall be on a first-come/first-served basis within the plat boundary of Orchard Village (Phase 2) Final Plat, FP-18-105 and shall run with the land.