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HomeMy WebLinkAboutItem 12 - Shady Brook Developers AgreementMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER MEETING DATE: JULY 17, 2018 SUBJECT: DEVELOPERS AGREEMENT WITH GRAPEVINE SHADY BROOK, LLC. AND AN APPROPRIATION ORDINANCE RECOMMENDATION: City Council to consider approval of a Developers Agreement for City participation with Grapevine Shady Brook, LLC for Shady Brook Addition for off-site roadway and drainage improvements and an ordinance appropriating funds. FUNDING SOURCE: Upon approval, funds will be available in the Capital Projects Streets Fund 178 estimated at $340,000. BACKGROUND: The Preliminary Plat of the Shady Brook Addition was approved by the City Council on January 16, 2018.This 44 residential lot subdivision requires off-site roadway and drainage improvements. City staff and the developer have agreed to certain improvements as part of the developer's required improvements to serve the community and support future development. The Developer is required to provide for drainage at Morehead Branch, curb and gutter and sidewalk improvements along its platted boundary frontage along Shady Brook Drive. Staff is recommending additional improvements to provide for a consistent 40 -foot wide roadway section with sidewalks between Lucas Drive and North Scribner Street at the City's sole cost estimated at an amount not to exceed $340,000. This betterment will include an overlay of the existing 40 -foot wide section of Shady Brook Drive. The table attached details the proposed cost sharing between the developer and the City for these adjacent and off-site improvements. These improvements are shown in the attached exhibits. The developer has agreed to fund the design for all the improvements at its sole cost and the City has agreed to fund the construction inspection and materials testing as part of the proposed agreement. Staff recommends approval. SHADY BROOK ADDITION COST SUMMARY ESTIMATE Developer's Cost City's Cost Total Cost A RKM Utility Services Inc 1) Paving $ 430,052.00 $ 289,683.00 $ 719,735.00 2) Storm Drain $ 130,507.00 $ 37,679.00 $ 168,186.00 3) Water $ 149,131.00 $ - $ 149,131.00 4) Sanitary Sewer $ 164,314.00 $ - $ 164,314.00 Franchise Utilities $ - $ - $ - Consturction Staking $ 10,500.00 $ - $ 10,500.00 Cost Total $ 884,504.00 $ 327,362.00 $ 1,211,866.00 B Construction Fees: Inspection Fee Items 1-4 (5%) $ 43,700.20 $ 16,541.55 $ 60,241.75 Material Testing Fee Item 1 (approx.) $ 7,500.00 $ 7,500.00 $ 15,000.00 Items 2-4 (approx.) $ 7,500.00 $ - $ 7,500.00 Insurance (approx.) $ 4,500.00 $ - $ 4,500.00 Design Costs (approx.) $ 100,000.00 $ - $ 100,000.00 Survey Costs (approx.) $ 20,000.00 $ - $ 20,000.00 Consturction Fees Total $ 183,200.20 $ 24,041.55 $ 207,241.75 Total Project Costs $ 1,067,704.20 $ 351,403.55 $ 1,419,107.75 ORDINANCE NO. 2018-060 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, REVISING THE ADOPTED CAPITAL IMPROVEMENTS BUDGET FOR THE FISCAL YEAR ENDING IN 2018; APPROPRIATING FUNDS FROM THE CAPITAL PROJECTS STREET FUND; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City Council of the City of Grapevine desires to enter into a Developers Agreement for City participation with Grapevine Shady Brook, LLC for Shady Brook Addition in an amount not to exceed $340,000; and WHEREAS, funding for the Developers Agreement with Grapevine Shady Brook, LLC is not currently included in the Fiscal Year 2017-2018 Capital Improvements Plan Budget; and WHEREAS, all constitutional and statutory prerequisites for the approval of this ordinance have been met, including but not limited to the Open Meetings Act and Chapter 211 of the Local Government Code; and WHEREAS, the City Council deems the adoption of this ordinance to be in the best interests of the health, safety, and welfare of the public. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That all matters stated hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. Section 2. That the City Council hereby authorizes an amount of $340,000 be appropriated from the Capital Projects Street Fund for the City to enter into a Developers Agreement with Grapevine Shady Brook, LLC for Shady Brook Addition. Section 3. That a copy of the revised Fiscal Year 2017-2018 Capital Improvements Plan budget document shall be kept on file in the office of the City Secretary and on the City of Grapevine website. Section 4. That the terms and provisions of this ordinance shall be deemed to be severable, and that if the validity of any section, subsection, word, sentence or phrase shall be held to be invalid, it shall not affect the remaining part of this ordinance. Section 5. That the fact that the present ordinances and regulations of the City of Grapevine, Texas, are inadequate to properly safeguard the health, safety, morals, peace and general welfare of the inhabitants of the City of Grapevine, Texas, creates an emergency for the immediate preservation of the public business, property, health, safety and general welfare of the public which requires that this ordinance shall become effective from and after the date of its final passage, and it is accordingly so ordained. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 17th day of July, 2018. APPROVED: William D. Tate Mayor ATTEST: Tara Brooks City Secretary APPROVED AS TO FORM: City Attorney Ordinance No. 2018-060 2 1 fr SCALE 1" 60' h \ 0 30 60 120 Z b E 1 2" OVERLAY AND MI YL . CITY COST) > z •D Qa O W N az 1 mW w oWaPOWERPOLESTO BE ED / OTHERS) v X, ,J POWER POLE TO f BE RELOCATED ! 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