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HomeMy WebLinkAboutItem 15 - DFW International AirportITEM # 1 MEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL 1 � FROM: ROGER NELSON, CITY MANAGER MEETING DATE: MARCH 7, 2000 SUBJECT: LICENSE AGREEMENT — DFW INTERNATIONAL AIRPORT RECOMMENDATION: City Council consider approving a License Agreement with the DFW International Airport Board for Roadway, Drainage and Wastewater Line Construction and Maintenance, authorize the City Manager to execute said agreement as required, and take any necessary action. BACKGROUND: The planned development of Regency Center for the Best Buy Store and other retail businesses in the southwest corner of SH 26 and SH 114 requires cooperation from DFW Airport to construct needed offsite facilities on airport property. The increase in storm water runoff from the development site onto DFW property requires a detention pond to mitigate the increase. DFW has agreed to allow the detention pond to be placed on DFW property immediately adjacent to the proposed development. The Sanitary Sewer to serve the new development must cross a portion of the airport property to access the development site from the west. Access to the development from SH 26 is proposed through the one acre tract of airport property bordering the subject development site and SH 26. This will provide a more desirable access point onto SH 26 by moving the location further from the SH 114 interchange than if retained upon the development site. The proposed access will be a City Street that will provide access to DFW property as well as to the proposed development site. Staff recommends approval. JSL/dsm 0:\agenda\030700\DFWLicense_SH26_@_S H 114 March 1, 2000 (10:05AM) rr.t5-z5-WU IJ:JO FROM:AIRPORT REAL ESTATE ID:972S74eO69 M Date: Subject: License Agreement with City of Grapevine Resolution No. - 03 -02-00 PAGE 2/3 Recommended Action. That the Airport Board authorize the Executive Director or Designee to enter into a License Agreement with the City of Grapevine for approximately 43,560 square feet of land for the construction of offsite Description: • This License will provide sufficient land area for construction of offsite roadway improvements, utilities, and water retention facilities to facilitate developer related activities in the City of Grapevine. Justification: • This License will expedite development in the City of Grapevine which is compatible with Airport Operations and future development of Airport lands. Additional Information: • Licensee will be constructing approximately $500,000 of improvements on Airport property for the benefit of future development of Airport lands. • This License will provide roadway access to Airport property from State Hwy No. 26. • Licensee grants the Airport access to City of Grapevine utilities when development of Airport property is pursued. • The Airport will not incur any cost in the construction of these offsite facilities. • In the event the Airport terminates the License within the first five (5) years, the Airport would be required to reimburse Licensee for Licensee's unamortized capital investment of the improvements, using the straight-line method of depreciation based on a five (5) year useful life. After five (5) years, the Airport is not under any obligation to reimburse Licensee for any capital cost. MIWBE Information: • N/A Schedule/Term: The term of this License is forty (40) years effective April 1, 2000. Funding Source(s)/Operating and Maintenance Impacts: • The Board will not incur any cost in granting this License. Committee: Finance/Audit For information contact: R. Clay Paslay - 972-574•-6719 Contract No(s)- P urchase OrderNo(s): Agreement No(s): Action Amount: $ -0- Revised Amount: FEB -2S-00 13:31 FROM:AIRPORT REAL ESTATE ID:972S74eoss RESOLUTION NO.: PAGE 3/3 'fliat the Executive Director or Designee is hereby authorized to execute License with the City of Grapevine for apprommately 43,560 square fzet of land for the construction of offsite improvements. This Resolution shall take effect immediately upon its passage. Approved as to Form: Approved as to Funding (as Approved as to NVWBE; Required); General'Co'unsel Dir for of FinanceDirector of Minority i and Budget and Economic Affairs as Date Signed Date Sinned Date Signed Signed �n SIGNATURES REQUIRED FOR APPROVAL: ,--YV I , * 11 w. 6 -Aka) � -�2y-00 Date Signed Executive Director Date Sioned