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HomeMy WebLinkAboutContract 64016CSCO NO. 64016--------- 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 Starlight Homes Texas L.L.C., 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 195.914 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 E; 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 WHEREAS, the Owner has received preliminary plat approval for Ranch at Duck Creek, PP-20-031, on 05/18/2023; and Transportation Impact Fee Credit Agreement-CA-25-266 Ranch at Duck Creek Phases 1 & 2 Page 1 ofl5 08/26/2025 WHEREAS, the Owner has dedicated 29,812 square feet of right-of-way for WJ Boaz Road with FP-21-086, recorded as Instrument D222187170, on 07/26/2022; and WHEREAS, the Owner has dedicated 29,947 square feet of right-of-way for WJ Boaz Road with FP-22-120, recorded as Instrument D223168992, on 09/19/2023; and WHEREAS, the Owner has received approval for construction plans (IPRC-20-0139) on Ol/28/2021, and executed a Community Facilities Agreement (CFA21-0145, CSCO 55528), on 10/11/2022, and obtained �nal acceptance by the City for Ranch at Duck Creek Phase 1, City Project Number 103026, on 09/23/2022. WHEREAS, the Owner has received approval for construction plans (IPRC-23-0021) on OS/25/2023, and executed a Community Facilities Agreement (CFA23-0081, CSCO 59822), on 07/24/2023, and obtained final acceptance by the City for Ranch at Duck Creek Phase 2, City Project Number 104753, on 07/17/2025. 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. Phasin�. 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 bv 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). Transportation Impact Fee Credit Agreement- CA-25-266 Page 2 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 6. Term and Effective Date. The term of this Agreement shall be ten (10) years from its Effective Date. 7. Assi n�. 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. 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-25-266 Page 3 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 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 Jesica McEachem Assistant City Manager Date: Sep 23, 2025 Recommended By: Dalton Harrell (Sep 151 2025 10:03:27 CDT) DJ Harrell Director, Development Services Approved as to Form and Legality: Douglas Black (Sep 23, 2025 11:34:30 CDT) Douglas Black Assistant City Attorney M&C: None required Form 1295: None required ATTEST: Jannette Goodall City Secretary OWNER Starlight Homes Texas L.L.C. a Delaware limited liability company :Davie{ Weihrkh David Weihrich Division 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. Jennifer H. Roberts Assistant Director, Development Services Department Transportation Impact Fee Credit Agreement-CA-25-266 Ranch at Duck Creek Phases 1 & 2 Page 4 ofl5 08/26/2025 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-25-266 Page 5 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 EXffiBIT A Description of Property: Ranch at Duck Creek Preliminary Plat, PP-20-031 All that certain lot, tract. or parcel of land, situated in a portion of the A. S. Roberts Survey, Abstract No. 1262, City of Fort Worth, Tarrant County, Texas, being part of that certain called 99.218-acre tract described in a deed to Coburn Farm, Ltd. recorded in Instrument No. D203387542 of the Deed Records of Tarrant County, Texas (DRTCT), part of that certain called 99.218 acre tract described in a deed to Coburn Farm, Ltd. recorded in Instrument No. D203387533 (DRTCT), and being more completely described as follows, to-wit: BEGINNING at a 3/4" iron rod found for the Northeast corner of said 99.218-acre tract described in Instrument No. D203387542, the Southwest corner of Boswell Meadows, Phase I recorded in Cabinet A, Slide 10870 of the Plat Records of Tarrant County, Texas (PRTCT), in the West line of Quarter Horse Estates recorded in Instrument No. D219221530 (PRTCT), being in the recognized East line of said Roberts Survey and the recognized West line of the I. & G. N. RR. Co. Survey, Abstract No. 834, from which a 5/8" capped iron rod found stamped "TMP" for the Northwest corner of said Quarter Horse Estates and the Southwest corner of Bryson Elementary School Addition recorded in Cabinet A, Slide 12545 (PRTCT) bears North 00 deg. 41 min. 45 sec. West - 19.05 feet: THENCE South 00 deg. 41 min. 45 sec. East along the East line of said 99.218-acre tract, the West line of said Quarter Horse Estates and the recognized East line of said Roberts Survey and West line of said I. & G. N. RR. Co. survey, a distance of 1,996.43 feet to a 1/2" capped iron rod set stamped "GOODWIN & MARSHALL", hereinafter referred to as 1/2" capped iron rod set for the Southeast corner of said 99.218-acre tract, being in the North right- of- way line of W. J. Booz Road (R/W width varies), being (per deed) North, 16.17 feet from the called most easterly Southeast corner of said Roberts Survey, the same being the Southwest corner of said I. & G. N. RR . Co. survey: THENCE North 89 deg. 51 min. 24 sec. West departing said survey lines and continued along the South line of said 99.218-acre tract and the North right-of-way line of said w. J. Boaz Road, a distance of 2,092.17 feet to 3" METAL FENCE CORNER FOLTND FOR THE Southwest corner of said 99.218-acre tract described in Instrument No. D203387542 and being the Southeast corner of said 99.218-acre tract described in Instrument No. D203387533: THENCE departing said South line and North right- of- way line and continue around Coburn Place the following fifteen (15) courses: North 47 deg. O1 min. 31 sec. West, a distance of 14.54 feet: North 03 deg. 41 min. 00 sec. West. a distance of 19.71 feet: North 06 deg. OS min. 59 sec. West. a distance of 224.55 feet: North 11 deg. 19 min. 41 sec. West, a distance of 55.40 feet; North 12 deg. 25 min. 28 sec. West. a distance of 39.28 feet; North 89 deg. 28 min. 38 sec. East, a distance of 106.37 feet; North 00 deg. 00 min. 06 sec. East, a distance of 199.41 feet; South 86 deg. 43 min. 14 sec. West. a distance of 169.30 feet: South 00 deg. 00 min. 06 sec. West. a distance of 191.27 feet; Transportation Impact Fee Credit Agreement- CA-25-266 Page 6 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 North 89 deg. 28 min. 38 sec. East, a distance of 32.00 feet: South 12 deg, 25 min. 28 sec. East. a distance of 45.32 feet: South 11 deg. 19 min. 41 sec. East, a distance of 53.74 feet; South 06 deg. OS min. 59 sec. East. a distance of 222.55 feet; South 03 deg, 41 min . 00 sec. East, a distance of 17.33 feet; South 42 deg. 58 min. 29 sec. West, a distance of 13.73 feet to the South line of said 99.218-acre tract and the North right-of-way line of said W. J. Boaz Road; THENCE South 89 deg. 37 min. 59 sec. West along said South line and North right-of-way line, a distance of 1,915.50 feet to a crosstie fence corner of the southwest corner of said 99.218-acre tract; THENCE North 00 deg. 28 min. 56 sec. West departing said North right-of-way line and continue along the West line of said 99.218-acre tract, a distance of 1,934.96 feet to a 5/8" capped iron rod found stamped'LINI�FIELD 5594" for the Northwest corner of said 99.218-acre tract: THENCE South 89 deg. 47 min. 24 sec. East along the North line of said 99,218-acre tract, a distance of 1,127.13 feet to a U2" iron rod found: THENCE North 00 deg. OS min. 56 sec. West, a distance of 56.45 feet to a 3/4" iron rod found: THENCE North 89 deg. 40 min. 25 sec. East. a distance of 3.221.82 feet to the POINT OF BEGINNING, containing 8,534,010 square feet or 195.914 acres of land, more or less. Transportation Impact Fee Credit Agreement- CA-25-266 Page 7 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 EXHIBIT B Map of Property: Ranch at Duck Creek Preliminary Plat, PP-20-031 Transportation Impact Fee Credit Agreement- CA-25-266 Page 8 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 EXffiBIT C Development Plan: Ranch at Duck Creek Preliminary Plat, PP-20-031 � ..,,. �.....�.5� � ...., s..,. � .,. ."'..'��:1•� �:.'a�^v.�.... r.. �-�.. . ...,.a..,-�....�. n..r4re.R ' �..�.�M.��,,.�..�..�..iAd31&:...� ..-, .. ...._,. .�._._._ .,,`.,«� ..,�o� � \�rt",:'C , ��,. ?�`: ��� � -;. � ��_ 4 q..W�..��i I � -. .� \�� ,-�� ,_:� .. .___ _m,.. ,_ _— —... ., � , p .�s yl � ELOCKTAH:.E ..• .. � . I . .. ���H�'� �.,.. . , � __ "r!fl[: :.B ur.s. ___ i ____. ...... ! �:��2� ���kEY�' & ('�.,, _ . . � . . �T� _ >� \ _..,,.,.. � � .�.�.��� .."�°�^ � . ��.^,a C �L _ _.���/„ �� w� ` .. � 0 04 0 � �. � BB�� I� � 0�� \_l '. '� � � 5 ...: � .:��,�� ��_ �m� � � ��.1 I � �.` -� �� ��k �� _ �� �;:1�,-� W�E 1J '.�� � V[CRlI:YNNP � � I _ l ��� � � , _� �I .�w' I' ry ,, i�, ~� { \ III ♦I. COBURN FARM, LTD. �..���.���� �.N ASHTON WOODS � ;� � �nP� : .� � � : � PRELIMINARY P[.AT RANCH AT DUCK CREEK - � I - . - � — rr;-- .. _.. .. v� i _ 4'!: d" =r' �a xa ,. . I _ �. .. I � " � � ^s ' .a...� .,.� �ra �;{r.._ �., . _ R:�,' � , r:.-, � °- � . n e,- : �;w " -.., .., �. . . .. "" � A,w: � -�� � � rm�oFFnarworsni 1 . . � � . �i rvt v�xr. �� � n TARRANTCOIINiY.lECAS IUNE 2020 ..• . , . . SHEET I OF I Transportation Impact Fee Credit Agreement- CA-25-266 Page 9 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 Transportation Impact Fee Credit Agreement- CA-25-266 Page 10 of 15 Ranch at Duck Creek Phases 1 & 2 08/26/2025 EXHIBIT D Eligible Transportation Improvements Ranch at Duck Creek Ph 1 & 2 Eligible Transportation Improvements for Credit against Transportation Impact Fees Key Development Plan Area Right-of-Way Dedication / Roadway Construction Eligible Improvements Reference # Limits WJ Boaz Road FP-21-086 Right-of-Way Dedication WJ Boaz Road FP-22-120 Right-of-Way Dedication CFA21-0145 WJ Boaz Road CPN 103026 Drainage Improvements 55528 IPRC20-0139 CFA23-0081 WJ Boaz Road CPN 104753 Construction of paving, streetlights, & drainage 59822 IPRC23-0021 EXHIBIT E Credits Against Transportation Impact Fees Ranch at Duck Creek Ph 1& 2 Transportation Impact Fee Credit Overview Value of ROW Dedication Instrument # Final Plat # Eligible Arterial Value D222187170 FP-21-086 WJ Boaz Road $217,925.72 D223168992 FP-22-120 WJ Boaz Road $97,327.75 TOTAL ROW TRANSPORTATION IMPACT FEE CREDIT $315,253.47 TrIF Eligible Community Facilities Agreement Construction - 100% Eligible City Secretary # CFA # Eligible Arterial Value CFA23-0081 59822 CPN 104753 WJ Boaz Road $2,380,655.50 IPRC23-0021 CFA21-0145 55528 CPN 103026 WJ Boaz Road $541,060.60 IPRC20-0139 TOTAL COMMUNITY FACILITIES AGREEMENT CREDIT $2,921,71610 Engineering, Surveying, and Material Testing = 20% of total $584,343.22 eli ible construction costs TOTAL TRANSPORTATION IMPACT FEE CREDIT �3,821,312.79 Transportation Impact Fee Credit Agreement- CA-25-266 Page 11 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 Valuation Method 1- Percentage of TIP Project Cost Eligible Arterial WJ Boaz WJ Boaz 2022 Transportation Improvements Plan Project Number E-18 G-1 Estimated Construction Costs from 2022 Transportation $19,303,000 $19,303,000 Improvements Plan Value of Total Project Right-of-Way (20% Construction Cost) $3,860,600 $3,860,600 Total Project Length (LF) 10,815 5,408 Arterial Cross-Section Width (LF) 110 110 Additional ROW needed for Roundabout (SF) 0 0 Total Project Right-of-Way (SF) 1,189,650 1,189,650 Right-of-Way Value Per Square Foot $3.25 $3.25 Valuation Method 2- Percentage of Construction Project Cost Eligible Arterial WJ Boaz WJ Boaz City Project Number 104753 103026 Final Construction Costs from Notice of Completion (Green Sheet) $2,380,655.50 $541,060.60 Value of Total Project Right-of-Way (20% Construction Cost) $476,131 $108,212 Total Project Length (LF) 1003 900 Arterial Cross-Section Width (LF) 65 65 Additional ROW needed for Roundabout (SF) 0 0 Total Project Right-of-Way (SF) 65,185 58,500 Right-of-Way Value Per Square Foot $7.31 $1.85 Valuation Method 3- TAD appraised value TAD Value as of 08/9/2023 WJ Boaz WJ Boaz TAD Account 42897643 42897643 Total Area (SF) 421,384 421,384 Appraised Value $1.00 $1.00 Value per Square Foot $0.01 $0.01 Right-of-Way Dedication WJ Boaz WJ Boaz Recording Instrument Number D222187170 D223168992 Final Plat Number FP-21-086 FP-22-120 Recording Date 7/26/2022 9/17/2023 Total area of ROW dedicated (SF) 29,812 29,947 Value per SF $7.31 $3.25 ROW Credit Available $217,925.72 $97,327.75 Transportation Impact Fee Credit Agreement- CA-25-266 Page 12 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 Ranch at Duck Creek Ph 1 Value of Eligible Community Facilities Agreement Construction, CPN 103026 Bid Description Unit Eligible Unit Price Credit Item Quantity Available UNIT III: DRAINAGE IMPROVEMENTS � 3137.0102 Lar e Stone Ri ra , d SY 96 $65.00 $6,240.00 2 3305.0109 Trench Safety LF 1,010 $0.25 I $252.50 3 3341.1501 8x4 Box Culvert LF 1,010 $490.30 I$495,203.00 4 3349.1000 Headwall, Box Culvert CY 19.1 I $2,061.00 $39,365.10 TOTAL UNIT III: DRAINAGE IMPROVEMENTS $541,060.60 Bid Summary UNIT III: DRAINAGE IMPROVEMENTS $541,060.60 VALUE OF ELIGIBLE CONSTRUCTION SUBTOTAL $541,060.60 Ranch at Duck Creek Ph 2 Value of Eli ible Communit Facilities A reement Construction, CPN 104753 Bid Description Unit Eligible Unit Price Credit Available Item Quantity UNIT III: DRAINAGE IMPROVEMENTS � 0241.3013 Remove 18" Storm Line LF 16 $30.00 $480.00 2 0241.3014 Remove 21" Storm Line LF 41 $35.00 $1,435.00 3 0241.4201 Remove 4' Dro Inlet EA 2 $1,500.00 $3,000.00 4 0241.4401 Remove Headwall 2-8' x 4' EA 1 $6,500.00 $6,500.00 5 0241.4401 Remove Headwall 8' x 3' EA 1 $4,500.00 $4,500.00 6 3137.0102 Lar e Stone Ri ra , d SY 421 $125.00 $52,625.00 7 3305.0109 Trench Safety LF 1,083 $4.00 $4,332.00 8 3341.0201 21" RCP, Class III LF 130 $85.00 $11,050.00 9 3341.0205 24" RCP, Class III LF 70 $95.00 $6,650.00 10 3341.1500 8' x 3' RCB EA 69 $555.00 $38,295.00 11 3341.1501 8' x 4' RCB LF 424 $625.00 $265,000.00 12 3341.1502 8' x 5' RCB LF 390 $645.00 $251,550.00 13 3341.1602 9' x 5' RCB LF 65 $755.00 $49,075.00 14 3349.5001 10' Curb Inlet T e II EA 4 $6,200.00 $24,800.00 15 9999•0001 TxDOT Headwall w/ Parallel EA 1 �112,500.0 $112,500.00 Win walls 10 RCBs - Sizes var 0 16 9999�0002 TxDOT Headwall w/ Parallel EA 1 $85,800.00 $85,800.00 Win walls 7 RCBs - Sizes var 17 9999.0003 CSS Backfill over Ex. Utilit Lines LF 260 $40.00 $10,400.00 18 9999.0004 21" RCP End & Plu EA 4 $500.00 $2,000.00 19 9999.0005 Remove Storm Line 8' x 3' RCB LF 34 $60.00 $2,040.00 20 9999.0006 Cut & Plu Existin 21" RCP EA 1 $500.00 $500.00 21 9999.0007 Pedestrian Rail LF 269 $240.00 $64,560.00 22 Removed & Replace 2-8'X RCB CO#1 LP 80 $200.00 $16,000.00 TOTAL UNIT III: DRAINAGE IMPROVEMENTS $1,013,092.00 UNIT IV: PAVING IMPROVEMENTS 1 0211.0500 Remove & Replace Ex. Fence LF 171 $50.00 $8,550.00 2 0241.0401 Remove & Replace Existing SY 0 $150.00 $0.00 Concrete Drive Transportation Impact Fee Credit Agreement- CA-25-266 Page 13 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 3 � 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 0241.0402 Remove & Replace Existing Asphalt Drive 0241.1000 Remove Existing Concrete Pavement 0241.1100 Remove Existing Asphalt Pavement 3110.0101 Right-Of-Way Clearing 3123.0101 Unclassified Excavation 3211.0400 Hydrated Lime @36 Ibs./S.Y. (Arterial) 3211.0502 8" Lime Treated Subgrade 3213.0105 10" Concrete Pavement (Arterial) 3213.0301 10' Conc Sidewalk 3213.0301 5' Conc Sidewalk 3213.0506 P-1 Ramp 3291.0100 Topsoil 3292.0100 Seeding, Hydromulch 3305.0107 Manhole Adjustment, Minor 3741.0001 Traffic Control 9999.0008 Material Import 9999.0009 Pavement Striping 9999.0010 Connect to Existing Pavement 9999.0011 Remove & Replace Existing Gravel Drive TOTAL UNIT IV: PAVING IM 1 2 3 4 5 6 7 8 2605.3011 2" CONDT PVC SCH 40 (T) 3441.1405 NO 2 Insulated Elec Condr 3441.1502 Ground Box Type B, w/Apron 3441.1632 Install Type 33A Arm 3441.1772 240-480 Volt Single Phase Tran socket Metered Pedestal 3441.3201 LED Lighting Fixture (R-2) 3441.3302 Rdwy Illum Foundation TY 3,5,6, and 8 3441.3342 Rdwy Illum TY 18 Pole SY SY SY LS CY TON SY SY LF LF EA CY SY EA LS CY LS EA SY 0 $120.00 738 $20.00 4,933 1 3,124 105 $15.00 $15, 000.00 $14.50 $245.00 6,324 5,818 1,454 141 6 0.10 3,491 4 1 10,926 1 2 158 $5.00 $98.00 $52.00 $26.50 $3,200.00 $30.00 $8.00 $2,500.00 $9,500.00 $26.50 $10, 500.00 $2,500.00 $40.00 MENTS _ � 'ING IMPROVEMENTS LF 1,934 $18.00 LF 5,802 $2.00 EA 9 $1,250.00 EA 8 $1,050.00 EA 1 $9,500.00 EA 8 $950.00 EA $ $1,750.00 EA 8 $3,500.00 Bid Summary UNIT III: DRAINAGE IMPROVEMENTS UNIT IV: PAVING IMPROVEMENTS UNIT V: STREET LIGHTING IMPROVEMENTS VALUE OF ELIGIBLE CONSTRUCTION SUBTOTAL $0.00 $14, 760.00 $73,995.00 $15, 000.00 $45,298.00 $25,676.00 $31,620.00 $570,164.00 $75, 608.00 $3,736.50 $19, 200.00 $3.00 $27, 928.00 $10, 000.00 $9,500.00 $289,539.00 $10, 500.00 $5,000.00 $6,320.00 $1,242,397.50 $34,812.00 $11,604.00 $11,250.00 $8,400.00 $9,500.00 $7,600.00 $14, 000.00 $28,000.00 $125,166.00 $1,013,092.00 $1,242,397.50 $125,166.00 $2,380,655.50 Transportation Impact Fee Credit Agreement- CA-25-266 Page 14 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025 EXHIBIT F Allocation of Credits Credit shall be allocated on a first-come, first-served basis to building permits within the preliminary plat boundary of Ranch at Duck Creek Preliminary Plat, PP-20-031 and shall run with the land .'��.. �..� � a: �: �. -.....,..., .....,:«, e.... ,� fu.,� . . . . ,,. , . ..�.....:.vt5'6� � r P... .. .. .. ..... . .. _.�..� . .� .,r,� d...w_� ���.,.. �/ 5 r.a• ��� ... _. . � a.sl � ��ID � .n, �. � I � .. � <. .. x � � cN, ..o...�.. '_ .E]R \.�ti �i .��.w. ,.. .. �¢ _ . - g-r �v* i _li i PL�C<�'Fi:� .. � ���k6Y�' & ! __ (�... f -' 1 �J _.... w�E � s �.,. _ ^ VI`31I�! 11AP �` � \� � f ... li ��- "�� \� ��r ��1�� �� . �. .�..... w•�'R��'�A � .��4 �Ce2 �d. w� +� � — ; �w�. ;�:"�S�r .� :ci;yr � ; � I �•,�. �. \ � �� � , � � i .- '-� �— g.. COBURN FARM. LTD. ' � � �..�,��� n,mA �..� �� � ��zz , "-�" ASHTONVWOODS . • I i .z � 11 i � .oa..�r.CPe.m. nma�H� G ! - �..- � - :c ��,r �- . . Q u•��_ - w ... �,�l�'"�"���� � Tr � r9�.:� -�-� a�. ! '. .'� � �} ' PRELUSINARY PI.AT � ! '� ^ � W � ' RANCH AT DUCK CREEK , 6I . � �� _ ..s... � xo. �. "' . 1., •. � i —r .,� ..._ �I � �:.. ""'�^ ` ' Ii I ,,;�s: ^ :;Ps�. _ � �.�� 1 . . .. . . . - . . . �, ', � r.i'. «j I ; i „., crrr oF �ar woaTM �<, .o....,,,,s.Ra„�.,,.o •�• �. ••. eriawu..o.ow,.rHernwcm�c��mY rnxRnrrrrnuNrv.Texi,s .1�,�„�� .a..., �a. .,.,..,,�� ..: - :.:- iu'+e.wzo '�'�',��ssa.'�f�.,<,.�t" I`^b . _ . _. _ .,.. �. ...•- - �• � � �- SHCET I OF I Transportation Impact Fee Credit Agreement- CA-25-266 Page 15 of 15 Ranch at Duck Creek Phases 1& 2 08/26/2025