Loading...
HomeMy WebLinkAbout065584 - Construction-Related - Contract - Inspire Homes Bonds Ranch, LLCOFFICIAL RECORD CITY SECRETARY FT. WORTH, TX CSCO No. 65584 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 Inspire Homes Bonds Ranch, LLC, a Texas Limited Liability Company (the "Owner"), authorized to do business in Texas (the City and the Owner a "Party", and collectively, the "Parties"). RECITALS WHEREAS, the Owner is the Ground Lessee of approximately 29.3716 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, et seq., 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 constructed the transportation improvements shown on Exhibit "D" for which credits against transportation impact fees shall be granted; and WHEREAS, the Owner has received final short plat approval for Bonds Ranch Addition Transportation Impact Fee Credit Agreement- CA-23-006 Page 1 of 17 Bonds Ranch Addition 7/16/2026 Amending, FS-24-292, on 2/3/2025; and WHEREAS, the Owner has received approval for construction plans (IPRC22-0130) on 08/03/2023, and executed a Community Facilities Agreement (CFA22-0156, CSCO 60028) on 08/31/2023, and obtained final acceptance by the City for E. Bonds Ranch Road, City Project Number 104234, on 6/30/2025. 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. 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 and final acceptance by the City has been obtained. The Parties further agree that, prior to the application of a credit against transportation impact fees otherwise due for any unit of development; the following events shall take place: (a) The number of credits resulting from such improvement has been valued; and (b) Concurrent with final plat approval, a credit allocation shall be provided by the developer for the phase of development to which the credit is to be applied, which allocation Transportation Impact Fee Credit Agreement- CA-23-006 Page 2 of 17 Bonds Ranch Addition 7/16/2026 may either assign the credit, expressed in dollars, to each finally platted lot or may create a credit - pool to be utilized by that phase of development. 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 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 Parry 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. Amendment. This Agreement shall not be modified or amended except as follows: (a) Any amendment or modification to this Agreement or any Exhibit or schedule hereto shall be in writing and signed by the Parties. (b) Any revision, amendment, 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-23-006 Page 3 of 17 Bonds Ranch Addition 7/16/2026 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 Dianna Giordano (Jul 28, 2026 12:46:23 CDT) Jesica McEachern Assistant City Manager Date: 07/28/2026 Recommended By: Dalton Harrell Jul 17, 2026 16:29:55 CDT) DJ Harrell Director, Development Services Approved as to Form and Legality: Douglas Black (Jul 22, 2026 10:31:18 CDT) Douglas Black Assistant City Attorney M&C: None required Form 1295: None required ATTEST: 4449�o°n �;ao� FORr�aa CFo .10 Pvo a=p KC�C/LQ/e.GtLQ. �L;C� aaaannEXagoo Jannette Goodall City Secretary OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Transportation Impact Fee Credit Agreement- CA-23-006 Bonds Ranch Addition Owner Inspire Homes Bonds Ranch, LLC a Texas limited liability company By: HSRE-DC XXVHI, LLC a Delaware limited liability company its Managing Member John Caltagirone (Jul 17, 2026 14:08:22 CDT) John Caltagirone Authorized Signatory 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. Kamal L. Crues Sr. Capital Project Officer, Development Services Department Page 4 of 17 7/16/2026 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-23-006 Page 5 of 17 Bonds Ranch Addition 7/16/2026 EXHIBIT A Description of Property: Bonds Ranch Addition Amending Final short plat, FS-24-292 BEING a 29.3716 acre (1,279,425 square foot) tract of land situated in the Josiah Walker Survey, Abstract No. 1600, City of Fort Worth, Tarrant County, Texas; said tract being all of Lot 1, Block 1, Bonds Ranch Addition, an addition to the City of Fort Worth according to the plat recorded in Instrument No. D225018274 of the Official Public Records of Tarrant County, Texas; said tract being more particularly described as follows: BEGINNING at the northwest corner of said lot 1; said point being in the south right-of-way line of East Bonds Ranch Road (a variable width right-of-way); THENCE North 86'44'13" East, along said south right-of-way line of East Bonds Ranch Road, a distance of 60.29 feet to a point for corner; THENCE South 88058'36" East, continuing along said south right-of-way line of East Bonds Ranch Road, a distance of 597.48 feet to a 5/8-inch iron rod with "BURKS 5509" cap found for corner; THENCE North 89°42'51" East, continuing along said south right-of-way line of East Bonds Ranch Road, a distance of 132.34 feet to a point for corner; said point being the northeast corner of said Lot 1; THENCE South 00°28'33" East, departing said south right-of-way line of East Bonds Ranch Road, and along the east line of said lot 1, a distance of 1,628.58 feet to a 5/8-inch iron rod with "BURKS 5509" cap found for the southeast corner of said Lot 1; THENCE North 89008'48" West, along the south line of said Lot 1, a distance of 788.93 feet to a 5/8-inch iron rod with "KHA" cap recovered for the southwest corner of said Lot 1; from said point a 5/8-inch iron rod with `BURKS 5509" cap found bears North 3°33' 12" West, a distance of 1.10 feet; THENCE North 00°30'55" West, along the west line of said Lot 1, a distance of 1,622.25 feet to the POINT OF BEGINNING and containing 1,279,425 square feet or 29.3716 acres of land, more or less. Transportation Impact Fee Credit Agreement- CA-23-006 Page 6 of 17 Bonds Ranch Addition 7/16/2026 EXHIBIT B Map of Property: Bonds Ranch Addition Amending Final short plat, FS-24-292 Transportation Impact Fee Credit Agreement- CA-23-006 Page 7 of 17 Bonds Ranch Addition 7/16/2026 EXHIBIT C Development Plan: Bonds Ranch Addition Amending Final short plat, FS-24-292 oaF2a FS-24-292 ww For Add—, r-br m: ' FP-23-005 -nd A►-23.1012 — -- 0225010274 Vege4ei5 'MM------- a.--- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - r ..,+ate - — - - _ _ ep i w. ,II 9li w.9 '1 ... gym. .-. w. •n. -- _ BON05 AANCN AOOeetlN leyKim Horn Transportation Impact Fee Credit Agreement- CA-23-006 Page 8 of 17 Bonds Ranch Addition 7/16/2026 A �V EXHIBIT D Transportation Improvements I H 'I hr LITTLE FAL'-S I C 46 - - o w Eligible Improvements Reference # E Bonds Ranch Rd CFA22-0156 CPN 104234 IPRC22-0130 FORT WORTH. E. Bonds Ranch Rd Eligible Transportation Improvements for Credit against Transportation Impact Fees Key C7- Development Plan Area - Arterial Construction BONDS RANCH t - - ORCHID SPRINGS WEATHERED OAK i 2 PALMETTO LEAF Z - c Limits Construction paving, sidewalks, drainage & Transportation Impact Fee Credit Agreement- CA-23-006 Page 9 of 17 Bonds Ranch Addition 7/16/2026 EXHIBIT E Credits Against Transportation Impact Fees Bonds Ranch Addition Transportation Impact Fee Credit Overview TrIF Eligible Community Facilities Agreement Construction —100% Eligible City Secretary # CFA # Eligible Arterial Value CFA 22-0156 60028 CPN 104234 E Bonds Ranch Rd $ 1,137,843.88 IPRC22-0130 Engineering, Surveying and Material Testing 20% of eligible construction cost $227,568.78 Total Transportation Impact Fee Credit $1,365,412.66 Transportation Impact Fee Credit Applied to Date Value Building Permits 94 $ 521,743.74 Net Transportation Impact Fee Credit Remaining $843,668.92 Transportation Impact Fee Credit Agreement- CA-23-006 Page 10 of 17 Bonds Ranch Addition 7/16/2026 Bonds Ranch Addition Value of Eligible Connnunity Facilities Agreement Construction CPN 104234 Paving tem No. MMWW Description Unit Able Quaninpleted Quan Unit Price credit Availabl 1 REMOVE FENCE LF 140 140 $ 5.00 $ 700.00 2 REMOVE RIP RAP SF 280 280 $ 1.00 $ 280.00 3 REMOVE CONC PVMT SY 130 130 $ 12.00 $ 1,560.00 4 REMOVE ASPHALT PVMT SY 1,410 1,410 $ 10.00 $ 14,100.00 5 2" ASPHALT PVMT TYPE D SY 0 550 $ 19.00 $ - 6 8" ASPHALT BASE TYPE B SY 0 550 $ 40.00 $ - 7 8" LIME TREATMENT SY 3,730 3,730 $ 4.00 $ 14,920.00 8 UNCLASSIFIED EXCAVATION BYPLAN CY 930 930 $ 10.00 $ 9,300.00 9 BORROW BYPLAN CY 40 40 $ 16.00 $ 640.00 10 EMBANKMENT BYPLAN CY 970 970 $ 6.00 $ 5,820.00 11 10" CONC PVMT SY 2,460 2,460 $ 77.00 $ 189,420.00 12 4" CONC SIDEWALK SF 6,820 6,820 $ 10.00 $ 68,200.00 13 8" CONCRETE DRIVEWAY SF 0 2,830 $ 12.00 $ - 14 BARRIER FREE RAMP, TYPE P-1 EA 2 2 $ 2,200.00 $ 4,400.00 15 6" CONC CURB AND GUTTER LF 1,120 1,120 $ 18.00 $ 20,160.00 16 6" SLD PVMT MARKING HAS W LF 730 730 $ 3.00 $ 2,190.00 17 6" SLD PVMT MARKING HAS LF 180 180 $ 3.00 $ 540.00 18 6" BRK PVMT MARKINGHAS LF 550 550 $ 3.00 $ 1,650.00 19 8" SLD PVMT MARKINGHAS LF 120 120 $ 3.00 $ 360.00 20 18" SLD PVMT MARKING HAE LF 260 260 $ 10.00 $ 2,600.00 21 LANE LEGEND ARROW EA 2 2 $ 470.00 $ 940.00 22 LANE T F.CEND ONLY EA 2 2 $ 286.00 $ 572.00 23 REFL RAISED MARKER TY H-C-R EA 56 56 $ 7.00 $ 392.00 24 REMOVE 4" PVMT MARKING LF 1,600 1,600 $ 3.00 $ 4,800.00 25 SMOOTH WIRE FENCE, METAL POSTS LF 90 90 $ 27.00 $ 2,430.00 26 BLOCK SOD PLACEMENT SY 2,250 2,250 $ 12.00 $ 27,000.00 27 FURNISHANSTALL ALUM SIGN GROUNI EA 3 3 $ 130.00 $ 390.00 28 REMOVE CRAVEL DRIVEWAY SY 530 530 $ 10.00 $ 5,300.00 29 MONOLITHIC MEDIAN NOSE TY 1 EA 4 4 $ 1,266.00 $ 5,064.00 30 GRAVELDRIVEWAY SF 0 1,120 $ 3.00 $ - 31 MTL W-BEAM GD FEN (TIM POST) LF 120 120 $ 18.00 $ 2,160.00 32 GUARDRAIL END TREATMENT STALL EA 2 2 $ 2,100.00 $ 4,200.00 33 HYDRATED LIME TN 300 300 $ 150.00 $ 45,000.00 PwAng Subtotal $435,088.00 Transportation Impact Fee Credit Agreement- CA-23-006 Page 11 of 17 Bonds Ranch Addition 7/16/2026 Storm Drain Item No. Description � Unit Eligible QuantityQuantityAvailable Completed Unit Price Credit 1 REMOVE 21" STORM LINE IF 50 50 $ 75.00 $ 3,750.00 2 REMOVE 24" STORM LINE IF 60 60 $ 75.00 $ 4,500.00 3 REMOVE 36" STORM LINE IF 100 100 $ 75.00 $ 7,500.00 4 REMOVE HEADWALUSET EA 1 1 $ 1,800.00 $ 1,800.00 5 CONCRETE RIPRAP SY 180 0 $ 61.00 $ - 6 MEDIUM STONE RIPRAP, DRY SY 160 0 $ 150.00 $ - 7 21" RCP, CLASS III LF 90 90 $ 122.00 $ 10,980.00 8 24" RCP, CLASS III LF 450 450 $ 94.00 $ 42,300.00 9 30" RCP, CLASS III IF 110 110 $ 120.00 $ 13,200.00 10 3X3 BOX CULVERT LF 100 100 $ 396.00 $ 39,600.00 11 7X4 BOX CULVERT LF 290 290 $ 608.00 $ 176,320.00 12 8X4 BOX CULVERT LF 50 50 $ 725.00 $ 36,250.00 13 4' STORM JUNCTION BOX EA 1 1 $ 7,400.00 $ 7,400.00 14 4' STACKED MANHOLE EA 1 1 $ 3,000.00 $ 3,000.00 15 HEADWALL, BOX CULVERT CY 60 60 $ 1,200.00 $ 72,000.00 16 10' CURB INLET EA 2 2 $ 7,500.00 $ 15,000.00 17 REMOVE 4'X2' BOX CULVERT LF 60 60 $ 80.00 $ 4,800.00 18 TRENCH SAFETY LF 650 650 $ 1.00 $ 650.00 19 SWPPP > 1 ACRE LS 1 1 $ 9,195.00 $ 9,195.00 20 IMPORTED EMBEDMENT/BACKFILL, CLSM CY 5 5 $ 300.00 $ 1,500.00 Storm Drain Subtotal $449,745.00 Transportation Impact Fee Credit Agreement- CA-23-006 Page 12 of 17 Bonds Ranch Addition 7/16/2026 Street Light Improvements Item No. Description Unit Quantity Eligible Quantity Unit Price Credit Available 1 2" CONDT PVC SCH 80 T LF 1,600 1,600 $ 28.00 $ 44,800.00 2 2" CONDT PVC SCH 80 LF 580 580 $ 56.00 $ 32,480.00 3 EXPLORATORYEXCAVATION OF EA 30 30 $ 420.00 $ 12,600.00 4 NO 2 INSULATED ELEC CONDR LF 6,675 6,675 $ 8.00 $ 53,400.00 5 FURNISH/INSTALL GROUND BOX TYPE EA 15 15 $ 3,370.00 $ 50,550.00 6 FURNISHANSTALL TYPE 33A ARM EA 12 12 $ 915.00 $ 10,980.00 7 FURNISHANSTALL 240-480 VOLT EA 1 1 $ 6,000.00 $ 6,000.00 8 FURNISH/INSTALL LED LIGHTING EA 12 12 $ 378.00 $ 4,536.00 9 RDWYILLUM FOUNDATION TY3,5,6, EA 8 8 $ 1,040.00 $ 8,320.00 10 FURNISHANSTALL RDWAY ILLUM TY EA 8 8 $ 1,310.00 $ 10,480.00 11 SALVAGE STREET LIGHT POLE EA 1 1 $ 500.00 $ 500.00 12 POWDER COAT TY 18 POLE EA 8 8 $ 750.00 $ 6,000.00 13 POWDER COAT TY33A ARM EA 12 12 $ 750.00 $ 9,000.00 14 FURNISH/INSTALL TYPE 41 EA 4 4 $ 841.22 $ 3,364.88 Street Lights Subtotal $ 253,010.88 Paving Subtotal Storm Drain Subtotal Street Lights Subtotal $ $ $ 435,088.00 449,745.00 253,010.88 CONSTRUCTION SUBTOTAL $ 1,137,843.88 Transportation Impact Fee Credit Agreement- CA-23-006 Page 13 of 17 Bonds Ranch Addition 7/16/2026 Transportation Impact Fee Credit Applied to Date Number of Permits 94 Street No Street Permit No. Collection Rate 100026 YAUPON RANCH RD PB23-14623 $ 4,968.99 10131 MAGNOLIA BEND WAY PB23-14625 $ 7,453.49 1526 ORCHID SPRINGS DR PB23-14626 $ 4,968.99 10125 MAGNOLIA BEND WAY PB23-14627 $ 7,453.49 1448 E BONDS RANCH RD PB23-14828 $ 4,968.99 1448 E BONDS RANCH RD PB23-14829 $ 7,453.49 1448 E BONDS RANCH RD PB23-14930 $ 4,968.49 10139 YAUPON RANCH RD PB23-14621 $ 7,453.49 10148 YAUPON RANCH RD PB23-14618 $ 2,484.50 10140 YAUPON RANCH RD PB23-14620 $ 4,968.99 10047 YAUPON RANCH RD PB23-14617 $ 7,453.49 10136 YAUPON RANCH RD PB23-14615 $ 2,484.50 10150 YAUPON RANCH RD PB23-14616 $ 4,968.99 10014 YAUPON RANCH RD PB23-14614 $ 7,453.49 10105 YAUPON RANCH RD PB23-17753 $ 4,968.99 1516 ORCHID SPRINGS DR PB23-17754 $ 4,968.99 10113 MAGNOLIA BEND WAY PB23-17773 $ 7,453.49 10037 MAGNOLIA BEND WAY PB23-17774 $ 7,453.49 10011 MAGNOLIA BEND WAY PB23-17775 $ 7,453.49 1532 FALLEN ACRON PB23-17815 $ 4,968.99 1525 WEATHERED OAK WAY PB23-17816 $ 4,968.99 1526 PALMETTO LEAF DR PB23-17817 $ 4,968.99 10107 MAGNOLIA BEND WAY PB23-17818 $ 4,968.99 10027 MAGNOLIA BEND WAY PB23-17782 $ 7,453.49 10005 MAGNOLIA BEND WAY PB23-17783 $ 7,453.49 10132 YAUPON RANCH RD PB23-14628 $ 4,968.99 10050 YAUPON RANCH RD PB23-17785 $ 4,968.99 Transportation Impact Fee Credit Agreement- CA-23-006 Page 14 of 17 Bonds Ranch Addition 7/16/2026 1503 PALMETTO LEAF DR PB23-17786 $ 4,968.99 10119 MAGNOLIA BEND WAY PB23-14629 $ 7,453.49 10043 MAGNOLIA BEND WAY PB23-17801 $ 7,453.49 10025 MAGNOLIA BEND WAY PB23-17802 $ 7,453.49 10134 YAUPON RANCH RD PB23-14631 $ 2,484.50 10112 YAUPON RANCH RD PB23-17803 $ 2,484.50 10052 YAUPON RANCH RD PB23-17804 $ 2,484.50 10030 YAUPON RANCH RD PB23-17951 $ 2,484.50 10016 YAUPON RANCH RD PB23-17954 $ 2,484.50 1533 YAUPON RANCH RD PB23-17956 $ 2,484.50 10144 YAUPON RANCH RD PB23-14630 $ 4,968.99 10128 YAUPON RANCH RD PB23-17866 $ 4,968.99 10108 YAUPON RANCH RD PB23-17867 $ 4,968.99 10046 YAUPON RANCH RD PB23-17868 $ 4,968.99 1503 FALLEN ACRON PB23-17869 $ 4,968.99 10102 MAGNOLIA BEND WAY PB23-17871 $ 4,968.99 10016 MAGNOLIA BEND WAY PB23-17872 $ 4,968.99 10120 MAGNOLIA BEND WAY PB23-17873 $ 7,453.49 10037 YAUPON RANCH RD PB23-17875 $ 7,453.49 1528 FALLEN ACRON PB23-17876 $ 7,453.49 1535 FALLEN ACRON PB23-17877 $ 7,453.49 1520 PALMETTO LEAF DR PB23-17878 $ 7,453.49 1516 FALLEN ACRON PB23-17879 $ 7,453.49 10038 MAGNOLIA BEND WAY PB23-17880 $ 7,453.49 10124 YAUPON RANCH RD PB23-17857 $ 2,484.50 10110 YAUPON RANCH RD PB23-17858 $ 2,484.50 10042 YAUPON RANCH RD PB23-17859 $ 2,484.50 10028 YAUPON RANCH RD PB23-17862 $ 2,484.50 1523 PALMETTO LEAF DR PB23-17863 $ 2,484.50 10120 YAUPON RANCH RD PB23-17885 $ 4,968.99 10104 YAUPON RANCH RD PB23-17886 $ 4,968.99 10038 YAUPON RANCH RD PB23-17888 $ 4,968.99 10022 YAUPON RANCH RD PB23-17890 $ 4,968.99 10129 YAUPON RANCH RD PB23-17891 $ 4,968.99 1532 WEATHERED OAK WAY PB23-17897 $ 4,968.99 1525 ORCHID SPRINGS DR PB23-17904 $ 7,453.49 Transportation Impact Fee Credit Agreement- CA-23-006 Page 15 of 17 Bonds Ranch Addition 7/16/2026 1509 FALLEN ACRON PB23-17909 $ 7,453.49 1508 ORCHID SPRINGS DR PB23-17910 $ 7,453.49 1513 ORCHID SPRINGS DR PB23-17911 $ 7,453.49 1510 FALLEN ACRON PB23-17912 $ 7,453.49 10114 MAGNOLIA BEND WAY PB23-17913 $ 7,453.49 10032 MAGNOLIA BEND WAY PB23-17914 $ 7,453.49 1509 PALMETTO LEAF DR PB23-17917 $ 7,453.49 10111 YAUPON RANCH RD PB23-17919 $ 7,453.49 10122 YAUPON RANCH RD PB23-17937 $ 2,484.50 10100 YAUPON RANCH RD PB23-17975 $ 2,484.50 10040 YAUPON RANCH RD PB23-17976 $ 2,484.50 10018 YAUPON RANCH RD PB23-17977 $ 2,484.50 1521 PALMETTO LEAF DR PB23-17978 $ 2,484.50 10116 YAUPON RANCH RD PB23-17979 $ 4,968.99 10034 YAUPON RANCH RD PB23-17980 $ 4,968.99 10125 YAUPON RANCH RD PB23-17981 $ 4,968.99 1529 ORCHID SPRINGS DR PB23-17982 $ 4,968.99 1530 WEATHERED OAK WAY PB23-17983 $ 4,968.99 1512 ORCHID SPRINGS DR PB23-17984 $ 4,968.99 1504 FALLEN ACRON PB23-17985 $ 4,968.99 1502 ORCHID SPRINGS DR PB23-17986 $ 4,968.99 1522 ORCHID SPRINGS DR PB23-17987 $ 7,453.49 1537 FALLEN ACRON PB23-17988 $ 7,453.49 1532 PALMETTO LEAF DR PB23-17989 $ 7,453.49 1539 PALMETTO LEAF DR PB23-17990 $ 7,453.49 1522 FALLEN ACRON PB23-17991 $ 7,453.49 1521 WEATHERED OAK WAY PB23-17992 $ 7,453.49 1519 ORCHID SPRINGS DR PB23-17993 $ 7,453.49 1514 PALMETTO LEAF DR PB23-17994 $ 7,453.49 10126 MAGNOLIA BEND WAY PB23-17995 $ 7,453.49 10108 MAGNOLIA BEND WAY PB23-17996 $ 7,453.49 Transportation Impact Fee Credit Applied to Date $ 521,743.74 Transportation Impact Fee Credit Agreement- CA-23-006 Page 16 of 17 Bonds Ranch Addition 7/16/2026 EXHIBIT F Credits shall be allocated by the Owner(s) on a first -come, first -served basis within the preliminary plat boundary of Bonds Ranch Addition Amending Final short plat, FS-24-292 and shall run with the land; provided, however, that no development within the boundary shall have the right to utilize credits under this agreement unless the Owner submits to the City a written request or notice approving the use of credits for the applicable development. 1A ].1 j 77 FS-24-292 e . c FP-23-005 eM AP-2-012 - oriaoavv mxom MNON AODI00N w,__—.. c 1. .; a ...;0'.1.. -..._ 'I ..mot - �i �� �ji' � t �i ' = r•r �lwllt I I.,.ya I -,I I I_ •w. m.• .•�I�� -!� •y � (-j`gj�!€1 � _ _ m � �r:- _• J�. Kim _iHorn_ �.,. i� ��-_ � � I I � � � � � Transportation Impact Fee Credit Agreement- CA-23-006 Page 17 of 17 Bonds Ranch Addition 7/16/2026 FORT WORTH. City Secretary's Office Contract Routing & Transmittal Slip Contractor's Name: Inspire Homes Bonds Ranch, LLC Subject of the Agreement: Road Construction M&C Approved by the Council? * Yes ❑ No M If so, the M&C must be attached to the contract. Is this an Amendment to an Existing contract? Yes ❑ No 0 If so, provide the original contract number and the amendment number. Is the Contract "Permanent"? *Yes 0 No ❑ If unsure, see backpage for permanent contract listing. Is this entire contract Confidential? *Yes ❑ No 0 If only specific information is Confidential, please list what information is Confidential and the page it is located. Effective Date: Date ACM signs If different from the approval date. Expiration Date: 10 years of when ACM signs If applicable. Is a 1295 Form required? * Yes ❑ No 21 *If so, please ensure it is attached to the approving M&C or attached to the contract. Project Number: If applicable. CA-23-006 *Did you include a Text field on the contract to add the City Secretary Contract (CSC) number? Yes 0 No ❑ Contracts need to be routed for CSO processing in the followingorder: rder: 1. Katherine Cenicola (Approver) 2. Jannette S. Goodall (Signer) 3. Allison Tidwell (Form Filler) *Indicates the information is required and if the information is not provided, the contract will be returned to the department.