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Title
Ordinance amending the FY 2016/2017 Capital Improvement Projects Budget; Developer Participation Agreement for First Texas Homes for $506,000, and a 5% contingency in the amount of $25,300; a 4% labor distribution in the amount of $20,240 and a 2.5% material testing in the amount of $12,650, for a total requested amount of $564,190
Presenter
Steve Norwood, Director of Development Services
Recommended Action
Approve
Analysis
La Jolla Phase 2 and 3 are residential development at the southeast corner of Arlington Webb-Britton Road and Grandway within the Mira Lagos area of Grand Prairie. Arlington Webb-Britton and Grandway are not built to their respective ultimate capacities at this time. It is proposed that the widening to Arlington Webb-Britton and Grandway are to be constructed in conjunction with the Phase 2 and Phase 3 of the La Jolla residential developments so that roadway construction will be completed with the completion of the subdivision construction.
The City Council has previously discussed this agreement. This was presented to the CCDC on August 14, 2017. It is scheduled to be presented to the F&G committee on September 5, 2017.
JBI Partners is the design engineer for the La Jolla development and has provided the design documents for the roadway and utilities for Arlington Webb-Britton and Grandway. This agreement is proposed for construction with First Texas Homes including water, paving and drainage that will allow this area to be "Development Ready." This agreement covers the City CIP portion that the Developer is constructing instead of the City constructing to take advantage of the other work done by the Developer. This is being done at a substantial savings to the City' CIP for this infrastructure.
Total project cost will be $564,190.00. Any change orders and additional costs over this amount have to be approved by both parties. All public participation in the cost of the Public Improvements associated with the project is dedicated to the extension of the improvements as per the Capital Improvements Plan, to increase necessary capacity for existing and in anticipation of other future development in the area as approved in the City's Capital Improvement Projects budget. Further, the City’s participation shall be based on funds appropriated for this project in the Capital Projects Funds. The City’s participation amount will remain applicable for a period not to exceed 24 months. If work on the Public Improvements has not been initiated within 24 months of the date this Agreement was executed and the Agreement has not been amended by the City Council to provide for an extension, then this Agreement shall be terminated and the City will have no further obligation under this Agreement.
Financial Consideration
Funding in the total amount of $564,190.00 is available as follows:
1. $465,965 is available in Street Capital Project Fund (400192) WO #01707603 (Grandway Arlington Webb Britton STRT) 68540 (Construction)
2. $75,000 is available in Water Capital Project Fund (500592) WO #01710903 (Grandway Arlington Webb Britton WTER) 68540 (Construction)
3. $23,225 is available by appropriating and transferring from the unobligated fund balance in the Water Capital Project Fund (500592) to WO #01710903 (Grandway Arlington Webb Britton WTER)
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, AMENDING THE FY 2016/2017 CAPITAL IMPROVEMENT PROJECTS BUDGET BY TRANSFERRING AND APPROPRIATING $23,225 FROM THE UNOBLIGATED FUND BALANCE IN THE WATER CAPITAL PROJECTS FUND (500592) WO#01710903 (GRANDWAY ARLINGTON WEBB BRITTON WTER)
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS:
SECTION 1. THAT THE FY 2016/2017 Capital Improvement Projects Budget be amended by transferring and appropriating $23,225 from the unobligated fund balance in the Water Capital Projects Fund (500592) WO#01710903 (Grandway Arlington Webb Britton WTER)
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, SEPTEMBER 5, 2017.