HomeMy WebLinkAbout064313 - Construction-Related - Contract - HPIMF Bonds Land DFW002 LP and HPIMF Bonds Land MF1 DFW005 LPTransportation Impact Fee Credit Agreement- CA-25-004 Page 1 of 16
Bonds Ranch Multifamily 11/6/2025
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, HPIMF Bonds Land DFW002 LP, Texas Limited Partnership and HPIMF Bonds
Land MF1 DFW005 LP, a Texas 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 54.947 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
Transportation Impact Fee Credit Agreement- CA-25-004 Page 2 of 16
Bonds Ranch Multifamily 11/6/2025
WHEREAS, the Owner has received preliminary plat approval for Bonds Ranch, PP-23-
005, on 3/8/2023; and
WHEREAS, the Owner has dedicated 13,285 square feet of right-of-way for Bonds Ranch
Rd with FP-25-011, recorded as Instrument D225178983, on 9/24/2025; and
WHEREAS, the Owner has received approval for construction plans (IPRC23-0127) on
4/14/2025, and executed a Community Facilities Agreement (CFA24-0187, CSCO 63994), City
Project number 105085 on 9/22/2025 with an escrow pledge agreement with a 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
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Bonds Ranch Multifamily 11/6/2025
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
11/14/2025 Date: __________ _
Recommended By:
Dalton Harrell (Nov 6, 202516:54:14 CST)
DJ Harrell
Director, Development Services
Approved as to Form and Legality:
Douglas Black (Nov 7, 2025 17:13:31 CST)
Douglas Black
Assistant City Attorney
M&C: None required
Form 1295: None required
ATTEST:
�A�
Jannette Goodall
City Secretary
OWNER
HPIMF Bonds Land MFI DFW005 LP
By: HPIMF Bonds GP DFWOIO LLC,
Its general paitner
Tim Shaughnessy
Manager
HPIMF Bonds Land DFW002 LP
By: HPIMF Bonds GP DFWO IO LLC,
Its general partner
Tim Shaughnessy
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 rep01ting
requirements.
Jennifer H. Roberts
Assistant Director, Development Services
Department
Transpo1tation Impact Fee Credit Agreement-CA-25-004
Bonds Ranch Multifamily
Page 4 of 16
11/6/2025
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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
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Bonds Ranch Multifamily 11/6/2025
EXHIBIT A
Description of Property: Bonds Ranch Residential Neighborhood Addition, FP-25-011
WHEREAS, HPIMF Bonds Land DFW002 LLC is the owner of a 54.947 acre (2,393,478 square
foot) tract of land situated in the William Redfield Survey, Abstract No. 1348, City of Fort Worth,
Tarrant County, Texas; said tract being all of the land described in Special Warranty Deed to
HPIMF Bonds Land DFW002 LLC recorded in Instrument Number D222130548 of the Official
Public Records of Tarrant County, Texas; said 54.947 acre tract being more particularly described
as follows:
BEGINNING, at a 1/2-inch iron rod found in the east right-of-way line of Blue Mound Road; a.k.a.
Farm to Market Highway 156 (a variable width right-of-way) at the southwest corner of said
HPIMF Bonds Land DFW002 LLC tract and the northwest corner of Lot 1, Block 1, SIKH
Addition, an addition to the City of Fort Worth recorded in Instrument Number D216050152 of
said Official Public Records; said point being the beginning of a non-tangent curve to the right;
THENCE, along said curve to the right, the west line of said HPIMF Bonds Land DFW002 LLC
tract and said east line of Blue Mound Road, having a central angle of 00 degrees, 25 minutes, 52
seconds, a radius of 5,693.58 feet, a chord bearing and distance of North 03 degrees, 02 minutes,
26 seconds West, 42.84 feet, and an arc distance of 42.84 feet to a TxDOT monument found;
THENCE, North 00 degrees, 32 minutes, 32 seconds West, continuing along said west line of the
HPIMF Bonds Land DFW002 LLC tract and said east line of said Blue Mound Road, at a distance
of 1,750.61 feet passing a PK nail found in asphalt at the southwest corner of a Right-of-Way
Easement to the City of Fort Worth recorded in Instrument Number D220114996 of said Official
Public Records, continuing in all distance of 1,772.88 feet to a point for corner said point being
the Northwest corner of the said HPIMF Bonds Land DFW002 LLC tract and the intersection of
the south right-of-way line of Bonds Ranch Road (a variable width right-of-way) and said east line
of Blue Mound Road;
THENCE, North 89 degrees, 55 minutes, 29 seconds East, along the north line of said HPIMF
Bonds Land DFW002 LLC tract and said south line of Bonds Ranch Road, at a distance of 48.12
feet passing a 1/2-inch iron rod found at the intersection of the south line of said right-of-way
easement and said south line of Bonds Ranch Road, an continuing in all, a distance of 1,323.49
feet to a “+” cut found for the northeast corner of said HPIMF Bonds Land DFW002 LLC tract,
the northwest corner of Hawthorn Meadows, Phase 1, an addition to the City of Fort Worth, Tarrant
County, Texas recorded in Instrument Number D217209301 of said Official Public Records;
THENCE, South 00 degrees, 24 minutes, 31 seconds East, along the east line of said HPIMF Bonds
Land DFW002 LLC tract and the west line of Hawthorne Meadows, Phase 1, at a distance of
1,272.37 feet passing a 5/8-inch iron rod with yellow cap found at the southwest corner of Lot 29,
Block 12 of said Hawthorne Meadows, Phase 1; said point being the northwest corner of Lot 10X,
Block 12, Hawthorne Meadows, Phase 2 an addition to the City of Fort Worth, Tarrant County,
Texas recorded in Instrument Number D218039058 of said Official Public Records, continuing in
all a total distance of 1,807.17 feet to the southeast corner of said HPIMF Bonds Land DFW002
Transportation Impact Fee Credit Agreement- CA-25-004 Page 7 of 16
Bonds Ranch Multifamily 11/6/2025
LLC tract and an interior ell corner of said Block 12, from which a “+” cut found in the concrete
base of a wood fence post bears North 53 degrees, 15 minutes West, a distance of 1.0 foot;
THENCE, South 89 degrees, 33 minutes, 24 seconds West, along the south line of said HPIMF
Bonds Land DFW002 LLC tract and the north line of said Block 12, at a distance of 156.74 feet
passing a 5/8-inch iron rod with a yellow cap stamped “PELOTON” found at the northeast end of
Wynndell Trail (a 50-foot right-of-way), and at distance of 206.74 feet passing a 5/8-inch iron rod
found with a yellow cap stamped “PELOTON” found at the northwest corner of said Wynndell
Trail, and continuing along said north line of Block 12 and joining the north line of Lot 1R, Block
1, The Destiny Center Addition, an addition to the City of Fort Worth, Tarrant County, Texas
recorded in Instrument Number 216172487 of said Official Public Records at a distance of 873.77
feet passing a 5/8-inch iron rod found for the Northwest corner of said Lot 1R and the northeast
corner of said Lot 1, Block 1, SIKH Addition, and continuing in all a total distance of 1,317.37
feet to the POINT OF BEGINNING;
CONTAINING: 54.947 acres or 2,393,478 square feet of land, more or less.
Transportation Impact Fee Credit Agreement- CA-25-004 Page 8 of 16
Bonds Ranch Multifamily 11/6/2025
EXHIBIT B
Map of Property: Bonds Ranch Residential Neighborhood Addition, FP-25-011
Transportation Impact Fee Credit Agreement- CA-25-004 Page 9 of 16
Bonds Ranch Multifamily 11/6/2025
EXHIBIT C
Development Plan: Bonds Ranch Residential Neighborhood Addition, FP-25-011
Transportation Impact Fee Credit Agreement- CA-25-004 Page 10 of 16
Bonds Ranch Multifamily 11/6/2025
EXHIBIT D
Eligible Transportation Improvements area Blk 1 & 2 for FP-25-011
Bonds Ranch Multifamily
Eligible Transportation Improvements
for Credit against Transportation
Impact Fees
Key
Development Plan Area
Right-of-Way Dedication /
Roadway Construction
Eligible Improvements Reference #Limits
Bonds Ranch Rd FP-25-011 Right-of-way dedication
Bonds Ranch Rd
CSCO 63994
CFA24-0187
CPN 105085
IPRC23-0127
Construction of paving, streetlights, and
drainage
Transportation Impact Fee Credit Agreement- CA-25-004 Page 11 of 16
Bonds Ranch Multifamily 11/6/2025
EXHIBIT E
Credits Against Transportation Impact Fees
Bonds Ranch Multifamily
Transportation Impact Fee Credit Overview
Value of ROW Dedication
Instrument # Final Plat # Eligible Arterial Value
D225178983 FP-25-011
Bonds Ranch Rd $38,393.65
TOTAL ROW TRANSPORTATION IMPACT FEE CREDIT $38,393.65
TrIF Eligible Community Facilities Agreement Construction - 75% Eligible
City Secretary # CFA #Eligible Arterial Value
CFA24-0187
63994 CPN 105085 Bonds Ranch Rd $1,871,557.46
IPRC23-0127
75% COMMUNITY FACILITIES AGREEMENT CREDIT $1,403,668.10
Engineering, Surveying, and Material Testing = 20% of total
eligible construction costs $374,311.49
TOTAL TRANSPORTATION IMPACT FEE
CREDIT $1,816,373.24
Transportation Impact Fee Credit Agreement- CA-25-004 Page 12 of 16
Bonds Ranch Multifamily 11/6/2025
Right-of-Way Valuation for Bonds Ranch
Valuation Method 1 - Percentage of TIP Project Cost
Eligible Arterial E Bonds Ranch Rd
2022 Transportation Improvements Plan Project Number C-5
Estimated Construction Costs from 2022 Transportation
Improvements Plan
$9,944,000
Value of Total Project Right-of-Way (20% of Construction
Cost)
$1,988,800
Total Project Length (LF) 5295
Arterial Cross-Section Width (LF) 130
Additional ROW needed for Roundabout (SF) 0
Total Project Right-of-Way (SF) 688350
Right-of-Way Value Per Square Foot $2.89
Valuation Method 2 - Percentage of Construction Project
Cost
Eligible Arterial E Bonds Ranch Rd
City Project Number 105085
Final Construction Costs from Notice of Completion (Green
Sheet) $1,827,664.96
Value of Total Project Right-of-Way (20% of Construction
Cost)
$365,533
Total Project Length (LF) 13285
Arterial Cross-Section Width (LF) 55
Additional ROW needed for Roundabout (SF) 0
Total Project Right-of-Way (SF) 730,675
Right-of-Way Value Per Square Foot $0.51
Valuation Method 3 - TAD appraised value
TAD Value as of 08/9/2023 E Bonds Ranch Rd
TAD Account 4906217
Total Area (SF)167,982
Appraised Value $192,266.00
Value per Square Foot $1.15
Right-of-Way Dedication
E Bonds Ranch Rd
Recording Instrument Number D225178983
Final Plat Number FP-25-011
Recording Date 9/24/2025
Total area of ROW dedicated (SF) 13,285
Value per SF $2.89
ROW Credit Available $38,393.65
Transportation Impact Fee Credit Agreement- CA-25-004 Page 13 of 16
Bonds Ranch Multifamily 11/6/2025
Bonds Ranch Multifamily- 75% TrIF credit since roadway is not complete
Value of Eligible Community Facilities Agreement Construction, CPN 105085
Bidlist
Item
No.
Description Unit Quantity
Bid
Eligible
Quantity Unit Price Credit Available
UNIT III: DRAINAGE IMPROVEMENTS
1 3341.0201 21" RCP, Class III LF 115 115 $100.00 $11,500.00
2 3341.0205 24" RCP, Class III LF 674 674 $115.00 $77,510.00
3 3341.0302 30" RCP, Class III LF 287 287 $135.00 $38,745.00
4 3341.0309 36" RCP, Class III LF 587 587 $170.00 $99,790.00
5 3341.0402 42" RCP, Class III LF 142 142 $215.00 $30,530.00
6 3341.1001 3x2 Box Culvert LF 141 141 $280.00 $39,480.00
7 3341.1101 4x2 Box Culvert LF 15 15 $310.00 $4,650.00
8 3341.1201 5x3 Box Culvert LF 258 258 $390.00 $100,620.00
9 3349.0001 4' Storm Junction Box EA 9 9 $7,500.00 $67,500.00
10 3349.0002 5' Storm Junction Box EA 1 1 $8,500.00 $8,500.00
11 3349.7001 4' Drop Inlet EA 1 1 $6,000.00 $6,000.00
12 3349.6001 10' Recessed Inlet EA 4 4 $7,000.00 $28,000.00
13 3349.0104 4' Stacked Manhole EA 1 1 $5,000.00 $5,000.00
14 9999.0001 TxDOT Type PW-1 Parallel
Wingwall EA 2 2 $50,000.00 $100,000.00
15 9999.0002 TxDOT 42" CH-PW-1 Parallel
Wingwall EA 1 1 $15,000.00 $15,000.00
16 9999.0003 TxDOT 4'x2' SETB-PD EA 1 1 $10,000.00 $10,000.00
17 9999.0004 TxDOT 3'x2' SETB-CD EA 1 1 $9,500.00 $9,500.00
18 0241.3014 Remove 21" Storm Line LF 27 27 $25.00 $675.00
19 0241.3013 Remove 18" Storm Line LF 30 30 $25.00 $750.00
20 9999.0006 Rock Rip Rap SF 1,627 1,627 $130.00 $211,510.00
21 3305.0109 Trench Safety LF 2,219 2,219 $5.00 $11,095.00
22 0241.4401 Remove Headwall/SET EA 4 4 $1,700.00 $6,800.00
23 3305.1009 54" Casing By Open Cut LF 40 40 $1,400.00 $56,000.00
24 9999.0009 TxDOT 4-24" SETP-CD EA 2 2 $15,000.00 $30,000.00
25 9999.0014 Remove 5"x2" Storm Line LF 60 60 $40.00 $2,400.00
26 9999.0016 Straight Drop Structure EA 1 1 $50,655.00 $50,655.00
27 9999.0018 24" CMP Culvert LF 396 396 $100.00 $39,600.00
28 9999.0011 Remove Abaondoned Gas Line LF 1,323 1,323 $30.00 $39,690.00
29 9999.002 21" RCP Plug EA 2 2 $500.00 $1,000.00
TOTAL UNIT III: DRAINAGE IMPROVEMENTS $1,102,500.00
Transportation Impact Fee Credit Agreement- CA-25-004 Page 14 of 16
Bonds Ranch Multifamily 11/6/2025
UNIT IV: PAVING IMPROVEMENTS
1 3213.0105 10" Conc Pvmt SY 3,835 3,835 $86.31 $330,998.85
2 3211.0503 10" Lime Treatment SY 4,169 4,169 $3.00 $12,507.00
3 3211.04 Hydrated Lime TN 76 76 $350.00 $26,600.00
4 3213.0506 Barrier Free Ramp, Type P-1 EA 5 5 $1,800.00 $9,000.00
5 3213.0301 4" Conc Sidewalk SF 11,918 11,918 $8.26 $98,442.68
6 9999.0007 Connect to Existing Pavement EA 3.0 3 $500.00 $1,500.00
7 0241.1000 Remove Conc Pvmt SY 68 68 $10.00 $680.00
8 0241.1100 Remove Asphalt Pvmt SY 553 553 $7.00 $3,871.00
9 3292.02 Seeding, Broadcast SY 1,028 1,028 $1.89 $1,942.92
10 0241.0550 Remove Guardrail LF 104 104 $5.00 $520.00
11 3213.0401 6" Concrete Driveway SF 1,117 1,117 $8.03 $8,969.51
12 9999.0012 Remove Concrete Riprap SF 142 142 $13.00 $1,846.00
13 9999.0013 Remove Gravel Driveway SF 2,258 2,258 $4.00 $9,032.00
14 9999.0015 Anchor Terminal EA 1 1 $5,000.00 $5,000.00
15 9999.0017 TxDOT PR11 Pedestrian Handrail LF 46 46 $55.00 $2,530.00
16 9999.0019 Remove and Replace Asphalt
Pavement SY 140 140 $16.00 $2,240.00
17 3217.4301 Remove 4" Pvmt Marking SF 3,050 3,050 $0.50 $1,525.00
18 3217.0103 6" BRK Pvmt Marking HAS (W)LF 2,200 2,200 $2.50 $5,500.00
19 3217.0101 6" SLD Pvmt Marking HAS (W)LF 1,021 1,021 $2.50 $2,552.50
20 3217.0102 6" SLD Pvmt Marking HAS (Y)LF 907 907 $2.50 $2,267.50
21 3217.1002 Lane Legend Arrow EA 4 4 $175.00 $700.00
22 3217.2104 REFL Raised Marker TY II-C-R EA 35 35 $15.00 $525.00
23 3217.1004 Lane Legend Only SF 3 3 $125.00 $375.00
24 9999.0021 18" SLD Pvmt Marking HAE (Y) SF 12,020 12,020 $3.50 $42,070.00
25 9999.001 Remove Signs EA 8 8 $100.00 $800.00
26 9999.0022 Crosswalk Markings EA 1 1 $960.00 $960.00
27 9999.0023 Speed Limit Sign R2-1 EA 1 1 $700.00 $700.00
28 9999.0024 Stop Bar EA 1 1 $324.00 $324.00
TOTAL UNIT IV: PAVING IMPROVEMENTS $573,978.96
UNIT V: STREET LIGHTING IMPROVEMENTS
1 2605.0111 Furnish/Install Elec Serv Pedestal EA 1 1 $10,267.00 $10,267.00
2 2605.3014 2" CONDT RM (Riser) LF 120 200 $85.00 $17,000.00
3 2605.3015 2" CONDT PVC SCH 80 (T) LF 110 315 $35.00 $11,025.00
4 3441.1405 NO 2 Insulated Elec Condr LF 255 1,110 $7.40 $8,214.00
5 3441.1501 Furnish/Install Ground Box Type
B EA 1 1 $2,049.00 $2,049.00
6 3441.1645 Furnish/Install Type 33A Arm EA 17 17 $822.00 $13,974.00
7 3441.3050 Furnish/Install LED Lighting
Fixture (70 watt ATBO Cobra Head)EA 17 17 $1,030.00 $17,510.00
8 3441.3333 40' Timber Pole CL 2 EA 10 17 $4,182.00 $71,094.00
9 3441.3402 1/0-1/0-2 Triplex Alum Elec
Conductor LF 3,140 2,935 $10.70 $31,404.50
TOTAL UNIT V: STREET LIGHTING IMPROVEMENTS $182,537.50
Transportation Impact Fee Credit Agreement- CA-25-004 Page 15 of 16
Bonds Ranch Multifamily 11/6/2025
UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS
1 2605.3025 3" CONDT PVC SCH 80 (T) LF 45 45 $38.00 $1,710.00
2 3441.1012 Furnish/Install Ped Signal Head Assembly EA 2 2 $945.00 $1,890.00
3 3441.1031 Furnish/Install Audible Pedestrian
Pushbutton Station EA 2 2 $1,550.00 $3,100.00
4 3441.1311 5/C 14 AWG Multi-Conductor Cable LF 70 70 $3.10 $217.00
5 3441.1322 3/C 14 AWG Multi-Conductor Cable LF 460 460 $2.50 $1,150.00
6 3441.1409 NO 8 Insulated Elec Condr LF 45 45 $3.00 $135.00
7 3441.1603 Furnish/Install 10' - 20' Ped Pole Assembly EA 1 1 $4,339.00 $4,339.00
TOTAL UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS $12,541.00
Bid Summary
UNIT III: DRAINAGE IMPROVEMENTS $1,102,500.00
UNIT IV: PAVING IMPROVEMENTS $573,978.96
UNIT V: STREET LIGHTING IMPROVEMENTS $182,537.50
UNIT VI: TRAFFIC SIGNAL IMPROVEMENTS $12,541.00
VALUE OF CFA24-0187, CPN 105085 ELIGIBLE
CONSTRUCTION SUBTOTAL $1,871,557.46
Transportation Impact Fee Credit Agreement- CA-25-004 Page 16 of 16
Bonds Ranch Multifamily 11/6/2025
EXHIBIT F
Allocation of Credits
Credit shall be allocated on a first-come, first-served basis to building permits within Blk 1 & 2
only final plat boundary of Bonds Ranch Residential Neighborhood Addition, FP-25-011 and
shall run with the land
City Secretary’s Office
Contract Routing & Transmittal Slip
*Indicates the information is required and if the information is not provided, the contract will be
returned to the department.
Contractor’s Name:
Subject of the Agreement:
M&C Approved by the Council? *Yes No
If so, the M&C must be attached to the contract.
Is this an Amendment to an Existing contract? Yes No
If so, provide the original contract number and the amendment number.
Is the Contract “Permanent”? *Yes No
If unsure, see back page for permanent contract listing.
Is this entire contract Confidential?*Yes No If only specific information is
Confidential, please list what information is Confidential and the page it is located.
Effective Date: Expiration Date:
If different from the approval date.If applicable.
Is a 1295 Form required?* Yes No
*If so, please ensure it is attached to the approving M&C or attached to the contract.
Project Number:If applicable.
*Did you include a Text field on the contract to add the City Secretary Contract (CSC)
number? Yes No
Contracts need to be routed for CSO processing in the following order:
(Approver)
Jannette S. Goodall (Signer)
Allison Tidwell (Form Filler)