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HomeMy WebLinkAboutContract 64173Transportation Impact Fee Credit Agreement- CA-25-267 Page 1 of 17 Brookfield Frontier Industrial Park 10/16/2025 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 IV5 Frontier Commerce Park LP, a Delaware Limited Partnership 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 76.555 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 X; 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 Brookfield Frontier Transportation Impact Fee Credit Agreement- CA-25-267 Page 2 of 17 Brookfield Frontier Industrial Park 10/16/2025 Industrial Park, PP-23-060, on 1/24/2024; and WHEREAS, the Owner has dedicated 55,562 square feet of right-of-way for Altamesa Blvd with FP-24-129, recorded as Instrument D225183328, on 9/25/2025; and WHEREAS, the Owner has received approval for construction plans (IPRC24-0010) Altamesa Blvd on 8/4/2025, and executed a Community Facilities Agreement (CFA24-0131, CSCO 63741), City Project Number 105490, on 7/25/2025 with a development bond financial guarantee; and 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-25-267 Page 3 of 17 Brookfield Frontier Industrial Park 10/16/2025 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-25-267 Page 4 of 17 Brookfield Frontier Industrial Park 10/16/2025 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 McEachern Assistant City Manager Date: Recommended By: DJ Harrell Director, Development Services Approved as to Form and Legality: Douglas Black Assistant City Attorney M&C: None required Form 1295: None required ATTEST: Jannette Goodall City Secretary OWNER IV5 Frontier Commerce Park LP, A Delaware Limited Partnership By: IV5 Frontier Commerce Park GP LLC, A Delaware Limited Liability Company, Its general Partner Jason Bengert Senior Vice President 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-25-267 Page 5 of 17 Brookfield Frontier Industrial Park 10/16/2025 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-25-267 Page 6 of 17 Brookfield Frontier Industrial Park 10/16/2025 EXHIBIT A Description of Property: Brookfield Frontier Industrial Park Preliminary Plat, PP-23-060 BEING a tract of land situated in Blocks 13, 14, 15 and 16, Shelby County School Land, Abstract No. 1375, City of Fort Worth, Tarrant County, Texas and being all of that certain tract of land described as Tract 1, by deed to IV5 Frontier Commerce Park LP., recorded in County Clerk's Document Number D223048440, Deed Records, Tarrant County, Texas, (D.R.T.C.T.), all of that certain tract of land described by deed to IV5 Frontier Commerce Park, LP., recorded in County Clerk's Document Number D223204074, D.R.T.C.T., all of Lot 2, Block 1, Night Train Compressor Site, an Addition to the City of Fort Worth, Tarrant County, Texas, according to the plat recorded in County Clerk's Document Number D212014810, Plat Records, Tarrant County, Texas (P.R.T.C.T.), all of those certain tracts of land described as Tracts 1 and 2, by deed to IV5 Frontier Commerce Park LP., recorded in County Clerk's Document Number D223204077, D.R.T.C.T., being the remainder of that certain tract of land described by deed to City of Fort Worth, recorded in Volume 10038, Page 745, D.R.T.C.T., and all of those certain tracts of land vacated by Ordinance Number 27340-12-2024, said tract of land being more particularly described by metes and bounds as follows: BEGINNING at a 5/8” Iron rod with yellow cap stamped “DUNAWAY ASSOC. LP” (hereinafter called 5/8” YCIR) found in the west line of that certain tract of land described by deed to Texas Electric Service Company (hereinafter called TESCO), recorded in Volume 1654, Page 237, Deed Records, Tarrant County, Texas, the northeast corner of said Tract 1, IV5 Frontier Commerce Park tract, recorded in County Clerk's Document Number D223048440, D.R.T.C.T., and being the southeast corner of Lot 3, Block 2, Wichita Industrial Park, an Addition to the City of Fort Worth, according to the plat recorded in County Clerk's Document Number D223087293, P.R.T.C.T. THENCE South 11°53'10” West, with the west line of said TESCO tract recorded in Volume 1654, Page 237, D.R.T.C.T., the west line of a certain tract of land described as Tract 1, by deed to TESCO recorded in Volume 1651, Page 251, D.R.T.C.T., the east line of said Tract 1, IV5 Frontier Commerce Park tract recorded in County Clerk's Document Number D223048440, a distance of 1,028.20 feet to a found 5/8” YCIR in the west line of said Tract 1, by deed to TESCO, recorded in Volume 1651, Page 251, D.R.T.C.T., for the northeast corner of Lot 1, Block 1, of said Night Train Compressor Site, the southeast corner of said Tract 1, IV5 Frontier Commerce Park tract, recorded in County Clerk's Document Number D223048440, D.R.T.C.T.; THENCE North 78°07'42” West, departing the east line of said Tract 1, IV5, Frontier Commerce Park,recorded in County Clerk's Document Number D223048440, D.R.T.C.T., the west line of said Tract 1, by deed to TESCO, recorded in Volume 1651, Page 251, D.R.T.C.T., with the north line of said Lot 1, Block 1, Night Train Compressor Site, the south line of said Tract 1, IV5 Frontier Commerce Park tract, recorded in County Clerk's Document Number D223048440, D.R.T.C.T., a distance of 768.11 feet to a point from which a found 3/4" iron rod bears South 87°23'10” East-0.30 feet; THENCE South 61°35'25” West, continuing with the north line of said Lot 1, Block 1, Night Transportation Impact Fee Credit Agreement- CA-25-267 Page 7 of 17 Brookfield Frontier Industrial Park 10/16/2025 Train Compressor Site and the south line of said Tract 1, IV5 Frontier Commerce Park tract recorded in County Clerk's Document Number D223048440, a distance of 704.69 feet to a 5/8” YCIR set for the new, northwesterly corner of the new southwesterly right-of-way line of East Altamesa Boulevard (variable width right-of-way) as described in said City Ordinance Number 27340-12-2024, for the beginning of a non-tangent curve to the right, having a central angle of 03°35'55”, a radius of 2,460.00 feet and a chord bearing and distance of South 30°12'21” East - 154.48 feet; THENCE with the said new southwesterly right-of-way line of East Altamesa Boulevard per said City Ordinance Number 27340-12-2024, the following courses and distances; With said non tangent curve to the right in a southeasterly direction, an arc length of 154.51 feet, to a 5/8” YCIR set; South 28°24'24” East, a distance of 165.92 feet to a 5/8” YCIR set for the beginning of a curve to the left, having a central angle of 21°36'42”, a radius of 1440.00 feet and a chord bearing and distance of South 39°12'45” East - 539.95 feet; With said curve to the left in a southeasterly direction, an arc length of 543.16 feet to a 5/8” YCIR set for the new southwest corner of said City of Fort Worth Tract per City Ordinance Number 27340-12-2024; THENCE North 61°34'11” East, departing the new, southwesterly right-of-way line per said City Ordinance Number 27340-12-2024, a passing distance of 97.78 feet, the southeast corner of East Altamesa Boulevard as shown on said Night Train Compressor Site Plat, with the south line of said Lot 1, Block 1, Night Train Compressor Site, a total distance of 884.65 feet to a 3/4" iron rod found in the west line of said Tract 1, TESCO tract recorded in Volume 1651, Page 251, D.R.T.C.T., for the southeast corner of said Lot 1, Block 1, Night Train Compressor Site, the northeast corner of said Tract 1, IV5 Frontier Commerce tract recorded in County Clerk's Document Number D223204077 D.R.T.C.T.; THENCE South 11°53'10” West, with the west line of said Tract 1, TESCO tract and the west line of that certain tract of land described in deed to TESCO, as recorded in Volume 1651, Page 250, D.R.T.C.T., a distance of 1,429.35 feet to a set 5/8” YCIR set in the north right-of-way line of Joel East Road (apparent Prescriptive, variable width right-of-way), for the southeast corner of said Tract 2, IV5 Frontier Commerce Park tract, from witch a 1/2" iron rod with a yellow cap stamped “GRANT ENG RPLS 4151” found bears South 89°28'55” West, a distance of 1.38 feet; THENCE South 89°28'55” West, departing the west line of said TESCO tract, with the north right-of-way line of said Joel East Road, the south line of said Tract 2, IV5 Frontier Commerce Park tract, a distance of 603.13 feet to 1/2" iron rod with Yellow cap stamped “GRANT ENG RPLS 4151” found in the northeasterly line of a certain tract of land described in deed to TESCO, recorded in Volume 2574, Page 545, D.R.T.C.T., for the southwest corner of said Tract 2, IV5 Frontier Commerce Park tract; THENCE North 28°24'25” West, departing the north right-of-way line of said Joel East Road, with the northeasterly line of said TESCO tract, a distance of 1,658.44 feet to a 5/8” Transportation Impact Fee Credit Agreement- CA-25-267 Page 8 of 17 Brookfield Frontier Industrial Park 10/16/2025 YCIR set for the northwest corner of said Lot 2, Block 1, Night Train Compressor Site, the southwest corner of said Tract 1 IV5 Frontier Commerce Park Tract recorded in County Clerk's Document Number D223048440; THENCE North 25°32'27” West, continuing with the northeasterly line of said TESCO tract and the west line of said Tract 1, IV5 Frontier Commerce Park recorded in County Clerk's Document Number D223048440, a distance of 500.14 feet to a 5/8” YCIR set; THENCE North 28°24'24” West, continuing with the northeasterly line of said TESCO tract and the west line of said Tract 1, IV5 Frontier Commerce Park recorded in County Clerk's Document Number D223048440, a distance of 73.80 feet to a 5/8” YCIR found for the southwest corner of Lot 1X, Block 1, said Wichita Industrial Park, the northwest corner of said Tract 1, IV5 Frontier Commerce Park recorded in County Clerk's Document Number D223048440, for the beginning of a curve to the left having a central angle of 07°00'17”, a radius of 682.55 feet and a chord bearing and distance of North 48°12'33” East - 83.39; THENCE departing the northeasterly line of said TESCO tract, the west line of said Tract 1, IV5 Frontier Commerce Park recorded in County Clerk's Document Number D223048440, with the north line of said Tract 1, IV5 Frontier Commerce Park recorded in County Clerk's Document Number D223048440 and the south line of said Wichita Industrial Park, the following courses and distances; With said curve to the left in a northeasterly direction, an arc length of 83.45 feet to a 5/8” YCIR found; North 44°42'25” East, a distance of 810.94 feet to a 1/2" iron rod found for the beginning a curve to the right having a central angle of 57° 12' 48”, a radius of 1,189.65 feet and a chord bearing and distance of North 73°18'50” - 1,139.20 feet; With said curve to the right in a northeasterly direction, an arc length of 1,187.94 feet to a 5/8” YCIR found; South 78°04'45” East, a distance of 280.63 feet to a 5/8” YCIR for the beginning of a curve to the left having a central angle of 18°21'44”, a radius of 771.95 feet and a chord bearing and distance of South 87°15'37” East - 246.34 feet; With said curve to the left in a southeasterly direction, an arc length of 247.40 feet to the POINT OF BEGINNING and containing a calculated area of 3,334,745 square feet or 76.555 acres of land. Transportation Impact Fee Credit Agreement- CA-25-267 Page 9 of 17 Brookfield Frontier Industrial Park 10/16/2025 EXHIBIT B Map of Property: Brookfield Frontier Industrial Park Preliminary Plat, PP-23-060 VICINITY MAP Transportation Impact Fee Credit Agreement- CA-25-267 Page 10 of 17 Brookfield Frontier Industrial Park 10/16/2025 EXHIBIT C Development Plan: Brookfield Frontier Industrial Park Preliminary Plat, PP-23-060 Transportation Impact Fee Credit Agreement- CA-25-267 Page 11 of 17 Brookfield Frontier Industrial Park 10/16/2025 EXHIBIT D Eligible Transportation Improvements Brookfield Frontier Industrial Park Eligible Transportation Improvements for Credit against Transportation Impact Fees Key Development Plan Area Right-of-Way Dedication / Roadway Construction Eligible Improvements Reference #Limits Altamesa Blvd FP-24-129 Right-of-way dedication Altamesa Blvd CSCO 63471 CFA24-0131 CPN 105490 IPRC24-0010 Construction of paving, streetlights, and drainage Transportation Impact Fee Credit Agreement- CA-25-267 Page 12 of 17 Brookfield Frontier Industrial Park 10/16/2025 EXHIBIT E Credits Against Transportation Impact Fees Brookfield Frontier Industrial Park Transportation Impact Fee Credit Overview Value of ROW Dedication Instrument # Final Plat # Eligible Arterial Value D225183328 FP-24-129 Altamesa Blvd $272,809.42 TOTAL ROW TRANSPORTATION IMPACT FEE CREDIT $272,809.42 TrIF Eligible Community Facilities Agreement Construction - 75% Eligible City Secretary # CFA # Eligible Arterial Value CFA24-0131 63471 CPN 105490 Altamesa Blvd $3,796,240.60 IPRC24-0010 75% COMMUNITY FACILITIES AGREEMENT CREDIT $2,847,180.45 Engineering, Surveying, and Material Testing= 20% of Total eligible construction costs $759,248.12 TOTAL TRANSPORTATION IMPACT FEE CREDIT $3,879,237.99 Transportation Impact Fee Credit Agreement- CA-25-267 Page 13 of 17 Brookfield Frontier Industrial Park 10/16/2025 Right-of-Way Valuation for Brookfield Frontier Industrial Park Valuation Method 1 - Percentage of TIP Project Cost Eligible Arterial Altamesa 2022 Transportation Improvements Plan Project Number 2022 Estimated Construction Costs from 2022 Transportation Improvements Plan $6,892,000 Value of Total Project Right-of-Way (20% of Construction Cost) $1,378,400 Total Project Length (LF) 3,510 Arterial Cross-Section Width (LF) $80 Additional ROW needed for Roundabout (SF) $0 Total Project Right-of-Way (SF) 280800 Right-of-Way Value Per Square Foot $4.91 Valuation Method 2 - Percentage of Construction Project Cost Eligible Arterial Altamesa City Project Number 105490 Final Construction Costs from Notice of Completion (Green Sheet) $3,796,240.60 Value of Total Project Right-of-Way (20% of Construction Cost) $759,248 Total Project Length (LF) 2300 Arterial Cross-Section Width (LF) 80 Additional ROW needed for Roundabout (SF) 0 Total Project Right-of-Way (SF) 184,000 Right-of-Way Value Per Square Foot $4.13 Valuation Method 3 - TAD appraised value TAD Value as of 08/9/2023 Altamesa TAD Account 41583388 Total Area (SF) 800,415 Appraised Value $130,068.00 Value per Square Foot $0.17 Right-of-Way Dedication Altamesa Recording Instrument Number XXXX Final Plat Number FP-24-129 Recording Date XXXX Total area of ROW dedicated (SF) 55,562 Value per SF $4.91 ROW Credit Available $272,809.42 Transportation Impact Fee Credit Agreement- CA-25-267 Page 14 of 17 Brookfield Frontier Industrial Park 10/16/2025 Brookfield Frontier Industrial Park -75% TrIF credit since roadway is not complete Value of Eligible Community Facilities Agreement Construction, CPN 105490 Bidlist Item No. Description Unit Quantity Bid Eligible Quantity Unit Price Credit Available UNIT III: DRAINAGE IMPROVEMENTS 1 3301.0012 Post-CCTV Inspection of Storm Drain LF 4,419 4,419 $2.00 $8,838.00 2 3305.0109 Trench Safety (Storm)LF 4,419 4,419 $1.00 $4,419.00 3 3341.0103 18" RCP, Class III LF 105 105 $115.00 $12,075.00 4 3341.0201 21" RCP, Class III LF 21 21 $123.00 $2,583.00 5 3341.0205 24" RCP, Class III LF 103 103 $133.00 $13,699.00 6 3341.0302 30" RCP, Class III LF 152 152 $178.29 $27,100.08 7 3341.0309 36" RCP, Class III LF 977 977 $196.00 $191,492.00 8 3341.1102 4x3 Box Culvert LF 906 906 $350.00 $317,100.00 9 3341.1303 6X4 Box Culvert LF 1,132 1,132 $595.20 $673,766.40 10 3341.1501 8x4 Box Culvert LF 140 140 $715.00 $100,100.00 11 3349.0001 4' Storm Junction Box EA 3 3 $4,500.00 $13,500.00 12 3349.0002 5' Storm Junction Box EA 1 1 $5,500.00 $5,500.00 13 3349.6001 10' Recessed Inlet EA 5 5 $9,600.00 $48,000.00 14 3349.6002 15' Recessed Inlet EA 1 1 $16,884.10 $16,884.10 15 LS 1 1 $5,000.00 $5,000.00 16 9999.0015 5' Recessed Inlet EA 2 2 $6,600.00 $13,200.00 17 9999.0016 5'x2' Box Culvert LF 774 774 $372.00 $287,928.00 18 9999.0017 36" TxDOT SW-0 Headwall EA 1 1 $5,250.00 $5,250.00 19 9999.0018 (6) - 5'x2' TxDOT SW-0 Headwall EA 2 2 $47,247.36 $94,494.72 20 9999.0019 (4) - 4'x3' FW-0 Headwall EA 1 1 $13,505.02 $13,505.02 21 9999.0020 Combined ((4) - 4'x3')) & 27" FW-0 Headwall EA 1 1 $17,005.02 $17,005.02 22 9999.0021 (4) - 6'x4' TxDOT FW-0 Headwall EA 2 2 $44,497.51 $88,995.02 23 9999.0022 (2) - 8'x4' PW-0 Headwall EA 2 2 $30,000.00 $60,000.00 23 9999.0023 18" 45° WYE EA 2 2 $500.00 $1,000.00 24 9999.0024 27" 45° BEND EA 1 1 $500.00 $500.00 25 9999.0025 TxDOT Pedestrian Handrail LF 130 130 $160.00 $20,800.00 26 9999.0026 12" Thick Rip Rap SY 1,700 1,700 $115.85 $196,945.00 27 9999.0027 12" Thick Reinforced Concrete Riprap SY 525 525 $135.00 $70,875.00 TOTAL UNIT III: DRAINAGE IMPROVEMENTS $2,310,554.36 Transportation Impact Fee Credit Agreement- CA-25-267 Page 15 of 17 Brookfield Frontier Industrial Park 10/16/2025 UNIT IV: PAVING IMPROVEMENTS 1 3292.0100 Block Sod Placement SY 5,075 5,075 $5.50 $27,912.50 2 3211.0400 Hydrated Lime @ 36 lb/sy TN 178 178 $320.00 $56,960.00 3 3211.0501 6" Lime Treatment SY 10,386 10,386 $2.21 $22,953.06 4 3213.0104 9" Conc Pvmt SY 10,386 10,386 $54.45 $565,517.70 5 3213.0301 4" Conc Sidewalk SF 40,223 40,223 $5.94 $238,924.62 6 3213.0402 8" Concrete Driveway SF 12,186.0 12,186 $12.26 $149,400.36 7 3213.0505 Barrier Free Ramp, Type M-3 EA 2 2 $573.50 $1,147.00 8 3213.0506 Barrier Free Ramp, Type P-1 EA 12 12 $573.50 $6,882.00 9 3471.0001 Traffic Control (Road Improvements Only) MO 1 1 $5,000.00 $5,000.00 TOTAL UNIT IV: PAVING IMPROVEMENTS $1,074,697.24 UNIT V: SIGNAGE AND PAVEMENT MARKING IMPROVEMENTS 1 3217.0102 6" SLD Pvmt Marking HAS (Y) LF 5,110 5,110 $2.50 $12,775.00 2 3217.0201 8" SLD Pvmt Marking HAS (W) LF 1,572 1,572 $3.00 $4,716.00 3 3217.0402 18" SLD Pvmt Marking HAE (W) LF 375 375 $9.50 $3,562.50 4 3217.0501 24" SLD Pvmt Marking HAE (W) LF 136 136 $12.50 $1,700.00 5 3217.1002 Lane Legend Arrow EA 20 20 $175.00 $3,500.00 6 3217.1004 Lane Legend Only EA 8 8 $200.00 $1,600.00 7 3217.2103 REFL Raised Marker TY II-A-A EA 108 108 $14.00 $1,512.00 8 3217.2104 REFL Raised Marker TY II-C-R EA 79 79 $14.00 $1,106.00 9 3441.5002 RRFB Double Sided Solar EA 4 4 $25,000.00 $100,000.00 10 3471.0001 Traffic Control (PVMT MARKINGS ONLY) MO 1 1 $5,000.00 $5,000.00 11 9999.0028 6" BRK Pvmt Marking HAS (Y)LF 3,650 3,650 $2.50 $9,125.00 12 9999.0029 18" SLD Pvmt Marking HAE (Y) LF 110 110 $9.50 $1,045.00 13 9999.0030 36" SLD White/Black Crosswalk LF 280 280 $12.50 $3,500.00 14 9999.0031 Cross Hatching (Y) SF 125 125 $1.50 $187.50 15 9999.0032 Stop Sign (R1-1)EA 1 1 $475.00 $475.00 16 9999.0033 Street Name Blade EA 2 2 $400.00 $800.00 17 9999.0034 Speed Advisory Sign (R3-5R) EA 2 2 $450.00 $900.00 18 9999.0035 Right Turn Only Sign (R3-5R) EA 1 1 $450.00 $450.00 19 9999.0036 Left/Thru/Right Turn Sign (R3- 8B) EA 1 1 $550.00 $550.00 20 9999.0037 "Stop Here For Pedestrian Sign (R1-5B) EA 2 2 $450.00 $900.00 21 9999.0038 Dead End Sign (W14-1) EA 1 1 $450.00 $450.00 22 9999.0039 Do Not Enter Sign (R5-1)EA 1 1 $450.00 $450.00 TOTAL UNIT V: SIGNAGE AND PAVEMENT MARKING IMPROVEMENTS $154,304.00 Transportation Impact Fee Credit Agreement- CA-25-267 Page 16 of 17 Brookfield Frontier Industrial Park 10/16/2025 UNIT VI: STREET LIGHTING IMPROVEMENTS 1 2605.3118 Furnish/Install Conduit-Schedule 80 PVC 2 Inch Open Cut LF 2,265 2,265 $55.00 $124,575.00 2 3441.1771 Furnish/Install 120/240 Volt Single Phase Metered Pedestal EA 1 1 $16,176.00 $16,176.00 3 9999.0040 Furnish/Install Luminaire (R2) EA 12 12 $1,079.00 $12,948.00 4 9999.0041 Furnish/Install Luminaire (R4)EA 1 1 $1,079.00 $1,079.00 5 9999.0042 Furnish/Install Steel Pole (18) EA 13 13 $7,078.00 $92,014.00 6 9999.0043 Furnish/Install Arm (33A)EA 13 13 $761.00 $9,893.00 TOTAL UNIT VI: STREET LIGHTING IMPROVEMENTS $256,685.00 Bid Summary UNIT III: DRAINAGE IMPROVEMENTS $2,310,554.36 UNIT IV: PAVING IMPROVEMENTS $1,074,697.24 UNIT V: SIGNAGE AND PAVEMENT MARKING IMPROVEMENTS $154,304.00 UNIT VI: STREET LIGHTING IMPROVEMENTS $256,685.00 VALUE OF CFA22-0130, CPN 105490 ELIGIBLE CONSTRUCTION SUBTOTAL $3,796,240.60 Transportation Impact Fee Credit Agreement- CA-25-267 Page 17 of 17 Brookfield Frontier Industrial Park 10/16/2025 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 Brookfield Frontier Industrial Park Preliminary Plat, PP-23-060 and shall run with the land