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HomeMy WebLinkAboutRes 2014-12-12 ILA- ED with Bloomfield - Ferguson Pkwy (2).pdf CITY OF ANNA, TEXAS RESOLUTION NO. 2014-12-12 A RESOLUTION OF THE CITY OF ANNA, TEXAS APPROVING AN ECONOMIC DEVELOPMENT AGREEMENT WITH BLOOMFIELD HOMES, L.P., FOR THE CONSTRUCTION OF FERGUSON PARKWAY. WHEREAS, the City of Anna, Texas ("City") and Bloomfield Homes, L.P. ("Grantee") desire to enter into a cooperative agreement to fund the construction of a portion of Ferguson Parkway ("Program"); and, WHEREAS, the City has established guidelines and criteria for economic incentive programs authorized by Texas law and approved by the City Council, including those authorized by Chapter 380 of the Texas Local Government Code, to promote state or local economic development and to stimulate business and commercial activity in the City; and WHEREAS, the City finds that the Program set forth in this Agreement will promote state or local economic development and stimulate business and commercial activity in the City; and WHEREAS, the Grantee has made application to the City for consideration of economic incentives in accordance with the City's established guidelines and criteria; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THAT: Section 1. Recitals Incorporated. The recitals above are incorporated herein as if set forth in full for all purposes. Section 2. Approval of Economic Development Agreement. The City Council hereby approves the Economic Development Agreement attached hereto as Exhibit 1, and authorizes, ratifies and approves the City Manager's execution of same, subject to execution and approval by Collin County of the Interlocal Agreement with Collin County for the Construction of Ferguson Parkway, attached hereto as Exhibit 2. The City Manager is hereby authorized to execute all documents and to take all other actions necessary to finalize, act under, and enforce this Agreement. Section 3. Expiration of Approval. The City Council's approval of the Agreement and the authorizations provided for under Section 2 of this resolution shall expire if the Grantee fails to fully execute the RES.2014-12-12 Economic Develop w/Bloomfied—Ferqueson Pkwy PAGE 1 OF 2 12-16-14 Agreement (Exhibit 1) and deliver said fully executed agreement to the City Manager on or before December 31, 2014. PASSED AND APPROVED by the City Council of the City of Anna, Texas, on this the 16th day of December, 2014. ATTEST: APPROVED: X& ,Ltl�' /�"/ Nat a ilkison, City Secretary Mayor, Mike Crist ,�q+,111;5114+-rtnr;;ri OF � �• gyp, X 1 �dtllillltl�� '' RES.2014-12-12 Economic Develop w/Bloomfied—Ferqueson Pkwy PAGE 2 OF 2 12-16-14 City of Anna, County of Collin, State of Texas. Economic Development Agreement This Economic Development Agreement (this "Agreement") is entered into by and between the City of Anna, Texas, (the "Ci_yt "), a home rule municipal corporation of the State of Texas, and Bloomfield Homes, L.P., a Texas limited partnership (the "Grantee"), for the purposes and consideration stated below. RECITALS Whereas, the City has established guidelines and criteria for economic incentive programs authorized by Texas law and approved by the City Council, including those authorized by Chapter 380 of the Texas Local Government Code, to promote state or local economic development and to stimulate business and commercial activity in the City; and Whereas,the City finds that the Program set forth in this Agreement will promote state or local economic development and stimulate business and commercial activity in the City; and Whereas, the Grantee has made application to the City for consideration of economic incentives in accordance with the City's established guidelines and criteria; Now, therefore, in consideration of the mutual benefits and promises contained herein and for other good and valuable consideration,the receipt and sufficiency of which is hereby acknowledged,the parties agree as follows: SECTION 1. AUTHORIZATION This Agreement is authorized by Chapter 380 of the Texas Local Goverrnnent Code, and by Resolution No, of the City. Page 1 of 10 SECTION 2. DEFINITIONS 2.1. "Captured Appraised Value"for any given year means the total taxable value of the Property taxable by the City for that year less the Tax Increment Base, 2.1.1 "Development Fees" mean roadway impact fees and building permit fees related to the Property, 2,2. "Grantee" means Bloomfield Homes, LR, and all companies or entities under common control with, controlled by or controlling Bloomfield Homes, L.P. For purposes this Agreement, the term "control" shall mean the ownership of fifty percent (50%) or more of the Grantee as determined by vote or value. Only Bloomfield Homes, L.P. shall be entitled to receive Program Grants under this Agreement. 2.2.1 "Grantee's Share" means the cost of the Project for two lanes of Ferguson Parkway located adjacent to the Property as generally reflected in Exhibit D attached hereto and incorporated herein by reference. 2.3, "Incentive Amount"means the sum of the following: 1) an amount equal to one- half of the total cost of the Project;plus 2) an amount equal to one-half of the total cost of the Project less the amount equal to the Grantee's Share of the Project, The Incentive Amount granted under this Agreement by the City,to Grantee shall be based on the actual cost of the Project as determined by the contract price(s) of the construction contracts approved in accordance with Section 4.6 of this Agreement, Any additional Project costs that exceed the contract price(s) of the construction contracts approved in accordance with Section 4.6 of this Agreement that are a result of change orders to the construction contracts for the Project and that are requested in writing by the City Manager, shall be added to the Incentive Amount, 2.4. "Program" means the economic incentive program established by the City pursuant to Chapter 380 of the Texas Local Government Code. 2.5. "Program Grants" means the amounts paid by the City in accordance with Section 4 of this Agreement. 2.6. "Project" means the design and construction of a portion of Ferguson Parkway located within the City, and described more particularly in Exhibit A, that complies with all applicable City regulations including the City's zoning ordinance, building codes, design standards, and other development regulations. 2.6.1 "Project Costs" means all costs actually paid by Grantee for the Project including all costs related to surveying, engineering, design, permitting, construction, inspection, and testing. Page 2 of 10 2.7. 'Proper " means the 53.960 acre real property that is planned for a new residential development commonly known as Lakeview Estates, said tract being described more particularly in Exhibit B attached hereto and incorporated herein as if set forth in frill. 2.8. "Tax Increment" for any given year means the amount of property taxes levied and collected by the City for that year on the Captured Appraised Value of the Property. 2.9. "Tax Increment Base" means the total taxable value of the Property that is taxable by the City for the year 2014 as reflected on Exhibit C attached hereto and incorporated herein by reference. SECTION 3, EFFECTIVE DATE AND TERM 3.1. The "Effcctive Date" of this Agreement is the date that the last of the Parties' signatures to this Agreement is frilly and properly affixed to this Agreement and acknowledged by a notary public. The City's duties and obligations hereunder shall not arise unless and until the City Council has duly adopted this Agreement and the Grantee has duly executed same. 3.2. This Agreement shall remain in effect until the earlier of the following: (i) until the City has paid the Program Grunts set fords in Section 4 of this Agreement in a total amount that equals the Incentive Amount, (ii) until this Agreement expires, or(iii)until otherwise terminated under the provisions of this Agreement. SECTION 4. PROGRAM GRANTS AND CONSTRUCTION CONTRACTS 4.1. The City shall pay Program Grants to the Grantee, the total of which shall not exceed lesser of(a)the Incentive Amount, or(b)the Project Costs. 4.2. The City shall pay to the Grantee Program Grants payments equal to one-half of the total cost of the Project. Disbursements shall be based on draw requests signed by Grantee and approved by the City. Each draw request shall be reviewed by the Director of Public Works for the City, or such other designated agent or representative for the City. Upon approval by the City of any such draw request, the City shall release to the Grantee a Program Grants payment for that portion of the Project covered by the draw request. Program Grants disbursed under this Section 4.2 shall not exceed one-half of the total cost of the Project. 4.3. The remaining Program Grants due to Grantee pursuant hereto but not paid to Grantee pursuant to Section 4.2 of this Agreement are due to be paid to Grantee annually, beginning in the year , on the later of January 31 or 90 days after Page 3 of 10 the delinquency date for property taxes for said year. The remaining Program Grants shall be paid annually until the total sum of Program Grants equals the Incentive Amount. 4.4. The amount of the remaining Program Grants to be paid to Grantee pursuant hereto for each year pursuant to Section 4.3 shall be calculated for each year as, and shall be equal to, 100% of the Tax Increment for such year. 4.5. Notwithstanding any other provision of this Agreement, the Agreement and the parties' obligations hereunder shall expire on December 31 in the year that is fifteen years following the Effective Date even if the total amount of all Program Grants paid to the Grantee are less than the Incentive Amount. 4.6 The Parties acknowledge that the construction contracts for the Project have not been awarded as of the Effective Date. Therefore, certain contract prices have not yet been determined. Before entering into any construction contract for the construction of all or any part of the Project the Parties agree as follows. (a) Grantee's engineers shall prepare, or cause the preparation of, and submit to the City all contract specifications and necessary related documents, including but not limited to the proposed construction contract showing the negotiated total contract price and scope of work. (b) Grantee shall submit all such documents along with a written notice of intention to let a construction contract at least 20 days in advance of the date that Grantee intends to execute such contract. (c) Within 15 days after receipt of the written notice and associated documents, the City Manager may: (1) approve the amount of the contract price and provide written notice to Grantee that the Grantee may execute the construction contract; or (2) require that the contract be procured through competitive bidding or competitive sealed proposals ("Competitive Procurement"). If the City fails to notify Grantee within such 15 day period, the City shall be deemed to have approved the contract price and authorized Grantee to execute the construction contract as provided in Section 4.6((c)(1) above. (d) In order to require Competitive Procurement, the City must provide the Grantee with written notice of said-requirement within 15 days of delivery to the City of the written notice described in Section 4.6(b) above. (e) If the City Manager requires Competitive Procurement, then the Grantee must: (i) advertise for and award the contract in the same manner set forth for competitive sealed bids or competitive sealed proposals Local Government Code Chapter 252 as if the City were pursuing a public improvement contract subject to said Chapter 252 as approved by the City Manager; and (ii) supply the City with true and complete copies of all notices of bid/proposal requests and all bids/proposals subsequently received. Page 4 of 10 (f) The City Manager reserves the right to cause Grantee to reject all bids and re- advertise, but the City Manager may do so only once for each construction contract sought by the Grantee. SECTION 5. GRANTEE'S OBLIGATIONS 5.1. Within 18 months of the Effective Date subject to Force Majeure, Grantee shall complete in a good and worlananlilce manner construction of the Project and tender all associated dedications of easements, rights of way and/or land included in the Project from the Property to the City at no cost to the City as determined to be necessary by the City, subject to the provisions of this Agreement. SECTION 6. DEFAULT AND TERMINATION PROVISIONS 6.1. If either party should default (the "Defaulting Party") with respect to any of its obligations hereunder and should fail within 60 days after receipt of written notice of such default from the other party (the "Complaining Party") to cure such default, then the Complaining Party, by action or proceeding at law, may be awarded damages for such default; provided, further, that (i) the Grantee agrees that its damages shall be limited to any unpaid Program Grants owed to it by the City under this Agreement at the time of expiration of any such 60-day period to cure, and (ii) the City agrees that its damages shall be limited to the applicable amounts set forth ul Section 6.3 and Section 6.4 of this Agreement. 6.2. Should the Grantee fail to meet the obligations stated in Section 5 of this Agreement, the City shall have the right to terminate this Agreement upon 30 days written notice if the Project is not substantially completed within the 60 day cure period set forth in Section 6.1 above. 6.3. Should the Grantee terminate or cause the termination of this Agreement,the City shall have no obligation after the termination date to pay Program Grants as might otherwise be required under this Agreement. 6.4. In the event that any act of the Legislature or any law, order, rule or regulation of any state or federal administrative or judicial entity, nullify the terms of this Agreement, or otherwise preclude the performance of this Agreement by either party, then (a) the City shall not require Grantee to repay any portion of the Program Grants received prior to the date this Agreement is nullified, and (b) Grantee shall not require the City to make further Program Grant payments after the date this Agreement is nullified provided the City gives Grantee credits against Development Fees related to the development of the Property owed by Grantee to the City tip to the amount of the remaining Program Grants; provided, however, that the City has no obligation to credit any Development Fees that Page 5 of 10 become due to the City after the expiration of the parties' obligations as determined under Section 4.5 of this Agreement, even if the total amount of all Program Grants paid to the Grantee and Development Fees credited to the Grantee are less than the Incentive Amount. 6.5. Force Majeure. If the City or the Grantee are prevented, wholly or in part, from fulfilling their respective obligations under this Agreement by reason of any act of God, unavoidable accident, material or labor shortages, governmental delays, acts of enemies, fires, floods, governmental restraint or regulation, other causes of force majeure, or by reason of circumstances beyond its control (all of the foregoing are collectively referred to as "Force Majeure"), then the obligations of the City or Grantee are temporarily suspended during continuation of the Force Majeure and all deadlines shall be extended for the period of Force Majeure. If either party's obligation is affected by any of the causes of Force Majeure, the party affected shall promptly notify the other party in writing, giving frill particulars of the Force Majeure as soon as reasonably possible after the occurrence of the cause or causes relied upon. SECTION 7. MUTUAL ASSISTANCE 7.1. The City and the Grantee shall do all things necessary or appropriate to carry out the terms and provisions of this Agreement, and to aid and assist each other in carrying out such terms and provisions. 7.2. The Grantee hereby consents to and agrees to cooperate in any request by the City to acquire any easements, rights of way and/or land that are necessary as determined by the City for the Project. SECTION 8. REPRESENTATIONS AND WARRANTIES 8.1. The City represents and warrants that; (a) The City is a municipal corporation duly organized, validly existing under and by virtue of the laws of the State of Texas; (b) The City has approved this Agreement by Resolution at a public meeting properly noticed under the provisions of the Texas Open Meetings laws; and (c) The City knows of no litigation, proceedings, initiative, referendum, investigation, or the threat of any of the same, contesting the powers of the City or its officials with respect to this Agreement that has not been disclosed in writing to the Grantee. Page 6 of 10 8.2. The Grantee represents and warrants that: (a) Bloomfield Homes, L.P. is a Texas limited partnership validly existing under the laws of the State of Texas, is in good standing, and has the power and authority'to own its properties and to carry on the business as presently conducted and as represented in this Agreement; and (b) This Agreement has been duly authorized, executed and delivered by Bloomfield Homes, L.P., and Bloomfield Homes,L.P. has all the requisite corporate power and authority to execute, deliver, and perform this Agreement; and this Agreement constitutes a valid and binding obligation of Bloomfield Homes, L.P., as Grantee, and is enforceable in accordance with its terms and conditions; and (c) The Grantee knows of no litigation, proceedings, initiative, referendum, investigation, or the threat of any of the same, contesting the powers of the City or its officials with respect to this Agreement that has not been disclosed in writing to the City SECTION 9. LIMITATION ON LIABILITY 9.1. It is understood and agreed between the parties that the Grantee and City, in satisfying the conditions of this Agreement, have acted independently, and the City assumes no responsibilities or liabilities to third parties in connection with these actions. This Agreement is not a contract for goods or services as defined under Texas Local Government Code § 271.151. Grantee's sole remedy in the event of the City's breach of this Agreement is to seek specific performance of the City's obligations hereunder, including interest, and Grantee and the City each expressly waives any remedy for attorney's fees under any statute or cause of action. SECTION 10. SEVERABILITY 10.1. Should any provision of this Agreement be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision of this Agreement. 10.2. In lieu of each and any invalid provision, there shall be added to this Agreement a new provision containing as similar terms as may be possible and yet be valid, legal and enforceable. Page 7 of 10 SECTION 11. INTERPRETATION AND FAIR CONSTRUCTION OF THE CONTRACT 11.1. This Agreement has been reviewed and approved by each of the Parties. In the event it should be determined that any provision of this Agreement is uncertain or ambiguous, the language in all parts of this Agreement shall be in all cases construed as a whole according to its fair meaning and not strictly construed for or against either Party. 11.2. Section or other headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. SECTION 12, DISPUTE RESOLUTION AND VENUE 12.1. This Agreement is made, and shall be construed and interpreted under the laws of the State of Texas, and exclusive jurisdiction and venue for any legal action shall lie in Collin County, Texas. The City and the Grantee agree that all claims, disputes, and controversies arising out of or in relation to the performance, interpretation, application, or enforcement of this agreement, including but not limited to breach thereof, shall be referred to mediation before, and as a condition precedent to, the initiation of any adjudicative action or proceeding; provided, however, there shall be no requirement to mediate after a party provides written notice to the other party of its request to mediate and a mediation is not scheduled within 30 days after the mailing of such notice. SECTION 13 MISCELLANEOUS 13.1. This Agreement and the Subdivision Improvement Agreement contains the entire agreement between the parties with respect to the Project contemplated herein. 13.2. This Agreement may only be amended, altered, or revoked by written instrument signed by the Grantee and the City. 13.3. Any notice and/or statement required and permitted to be delivered shall be deemed delivered by depositing the same in the United States mail, certified with return receipt requested,postage prepaid, addressed to the appropriate party at the following addresses, or at such other addresses provided by the parties in writing. Page 8 of 10 GRANTEE: Bloomfield Homes,L.P. Attn: Donald J. Dykstra,President 1050 E Hwy 114, Suite 210 Southlake,TX 76092 With a copy to: Bellinger& Suberg, L.L.P. Attn: Glen A.Bellinger 10,000 N. Central Expressway, Suite 900 Dallas, TX 75231 CITY: City of Anna Attn: Philip Sanders, City Manager 111 N. Powell Pkwy,P.O. Box 776 Anna, Texas 75409-0776 13.4. This Agreement is governed by and is to be construed and enforced in accordance with the laws of the State of Texas and of the United States. The parties agree and consent to the jurisdiction of and venue in the District Courts of Collin County, Texas, and of the United States District Court for the Eastern District of Texas and acknowledge that such courts shall constitute proper and convenient forums for the resolution of any actions among the parties with respect to the subject matter hereof. 13.5. This Agreement may be executed in multiple counterparts, each of which shall be considered an original,but all of which shall constitute one instrument. 13.6. The terms and conditions of this Agreement are binding upon the successors and permitted assigns of the parties hereto. This Agreement may not be assigned without the express written consent of Grantor, which approval shall not be unreasonably withheld or delayed. "REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK* Page 9 of 10 SIGNATURES: BLOOMFIELD HOMES,L.P., CITY OF ANNA ' a Texas limited partnership By; Bl Texas ldo loo�at on Irts General BY. ip , h ' s, �pp Sa er ty Manager Partner By: ._ ,.. Donald J. Dyl tra, 'ts President IN WITNESS WHEREOF: STATE OF TEXAS COUNTY OF Before me, the undersigned notary public, on the day of ,2014, personally appeared Donald J. Dykstra, known to me (or proved to me) to be the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same in his capacity as President of Bloomfield Properties, hie., a Texas corporation, as General Partner of Bloomfield Homes, L.P., a Texas limited partnership, and on its behalf. _. yr [V rrtru� i1 ` T _ " �Otary Pty hC, State of Texas �q STATE OF TEXAS tev. `0 Lauretta Kay Blacketer My Commission Expires ` COUNTY OF ` , , {� 04/01/2017 �.c�-�Ct,�t,�,; § Before me, the undersigned notary public, on the E} day of �-' GZr1L',a �_.j 20155 personally appeared Philip Sanders, known to me (or proved to4e)e�the person whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same in his capacity as City Manager of the City of Anna and on behalf of the City of Anna. 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Nub __n, fIu3 1:.�:G.J. . °:liv.y[alra.v;c°�w.�l,rel Ao ctuµ,� .t cr.G i a�n - - ' -�'},y • Exhibit 6 The Property ai Wig g v _ a, w � � "quip! � i 55_5 s °ye�[aa�.aiE aaB�£-$ 3a -aai � i P 33aa a, sds��@s a d_ 3 S § � F � � E $ 's i # 3 a �< g� J #N9a Ur 113 i gY g' 1 1 e e1' sg $�R a . ° ` j as lis ;Y 8 a pag< gas"ii��� ggc-sa$ 3 g i 5 I s i •Y 3 g 3 3 i3 i a'6 sia .aa 95@ ,. � '�� r=S�g£ i •y;� 6 $ -_. .5 . ,r% � 3� 6--• ��"psd�'lsa� 3g de aaE ���° abs@s a1 �a33 ._s •\,l \\ •� - .sp$s g'3 `s` ° q° Vi=a•> a F s a u c a W< 'ae'vd E 5`�='; €;:ia,�32a �pa' 1 3 3 f -3 € E E ' as {a �3 paC #;[ i� � "au�E ai€ �&�� r'Aaaa1g s. 8M aha .,na sg a °g3jlae�3fa5A i a d ag - a - a a a d s; va 8 ec s;s 'II aes MR $., $i 9Y'Al it g3 1? 3x l3 h h ,sq: ,s}1 J5 i� E.:i ass if! ''s` �" d$ n&xla9 SaR WIN;11 Hy - - U�s,¢ a'1 @' NJ! W1 a5� jn a a= 3 a- „ ed$Basg big i aia- a=ie3"ala a r£pi "".tto {�r j at ai $3a ait 3l! e3 't0 4 n to g � r qq t L1 Lq A �� uo �a 9739899�aS .t a g� �•. LJ J t ) LB z 4 \�A { n p and o� &• Gtr { se 3� Fy i s pp i noo faasdan,0LT ot�ox Exhibit C TAX INCREMENT BASE FOR 2014 EXHIBIT C TAX INCREMENT BASE FOR 2014 Collin County 2Q14 T61X�� ejtj�n J 230081oomdale Road Ste.2324 �' s, L ` �• aoun�r p,O.Box 6046 property Account Number•, I' NeKinney,TX 76071 972447.6020 8686600002101 Statement Oslo: 10/3012014property Location: 0000000 COUNTY ROAD 10 Owaer: BLOOMFIELD HOMES LP Acres: 50.6597 MallingAddtOss: 1050ES7ATEHWf11457E210 Legal: ABSA0856J043EPHSLATERSCHLUT souiH KE-rx760926265 ERSURVEY,TRACT21,60,6597A CRES Exem eons; in+eaoY�leENt;YALUE, t(itDltAEiKatyIUE...,-„,.Noxpn+g$iTlLaptLV�r_ ,NON,N0iti3Esir {gli0`i`;. 0 810,655 0 Ot0% ,b5S 0 1 - ,t{Tax109 �Ftl�eg ):geLD 4on1lh1orlrit iSr, T @hlo alua + 1�'¢ Rat@Pgr$tOp. �'' �.'^6ase3. i >°l;. . COLLIN COUNTY 0 x 810.665 0.236000 1904.80 ANNA CITY 0 610,655 0,649000 6260.50 ' ANNA ISD 0 610,655 1,640000 1248256 TOTAL BASE TAX 20.312.18 PRIORYEARS 0.00 I I i. ----------—---------------------------.......................: _Detadt..ti`.....__..._-----------••----- ' Re(unn With Payment Property Account Number j R685600002101 Tq{aIA'rAVunfDUo;._ l !$20L3121tf IF ID IN A41OUNT WE NOV $20,312.16 ' DEO $20,312.18 JAN $20,312.18 MAR $22,140,29 i A $22,140,29 BLOOMFIELD HOMES LP ' 62 1050 E STATE HWY 114 STE 210o pleLyaMake Chooks Ph4ah�a To S SOUTHIAKETX76092-6255 (grjn�h� a— ll Collin County A4� 2300 BIoomdale Road We.23248 caoaT P.O.Dox 6045 Property Account Number: - M2.647,6020 N 8686600004601 872.647.6020 Statement Date: 10/3012014 Property Location; 0000000 Owner; BLOOMFIELDHOMESLP Acres: 313 Mailing Address: 607 POTOMAC PL Legal: ADS A0358 JOSEPH SLATERSCHLUr SOUTHUKE TX 760820326, ER SURVEY,TRACT 46,3ADACRE I�I` S Y- Exemptions:p /IMPhOVFJdENT,YALVl:.-.... ;1A,ND lU;6HET,VN:UE.,,, +'.?1JON-i{OME§lT�lh�?H� -� f�P1�-H0�1E$IT�.Lgi1Ql� ..v.�2e•L� �A1:UE.4.,:���;`� ' 0 62,800 0 52,800 0 } 14�, `IrzomPOo�t Ahlod{h{ r.�''{Oxap10V�1�}� 5��,-T8�X�2a�gP0r$l09.1 , lease RaB.y j�:.Y : COLLIN COUNTY 0 62.000 0.235000 0,00 ANNA CITY 0 42,800 0840000' .640000 0.00 ANNAISD 0 02.800 1,640000COLLIN COLI EGF 0 A9 Ann nm.. 0,00 i TOT'ALRASETAX 0.00 PRIOR YEARS 0.00 I. I I' I j. 1' --•----------•....................•......_.:-------.........._•`i!._Detach-----••-----------------_._..----- •---•_._---- ,. Relum With Payment PropertyAccounl Number 8665600004601 TotglAm unique h 0001 r5:.. i IF PAID IN AMOUNT DUE NOV $0.00 DEC .$0.00 i JAN $0.00 FEB 50.00 MAR APR BLOOMFIELD HOMES LP 807 POTOMAC PL please Meko CecksRaLableTo SOUTHLAKETX76002-9326 \\Bdnt-fsl\wpprolRw\2993,018\263946 2.doc 2 Lust Revised: 10/30/14 Exhibit D Estimated Project Cost Incentive Amount SECTION 1 Varying Sections of Divided 25' Paving FERGUSON PARKWAY COST SUMMARY Description LAKEVIEW ESTATES Anna, Texas Sta. 0+00 to Sta. 23+13 SECTION 1 Varying Sections of Divided 25' Paving FERGUSON PARKWAY COST SUMMARY LAKEVIEW ESTATES Anna, Texas Sta. 0+00 to Sta. 23+13 Description Unit Quantityl Pricel Amount Excavation Prep ROW ( phase 1 ) STA 18 1,900.00 34,200.00 Excavation ( phase 1 ) CY 7,840 6.20 48,608.00 Prep ROW ( phase 2 ) STA 5 1,900.00 9,500.00 Excavation ( phase 2 ) CY 2,400 6.20 14.880.00 Subtotal Excavation 107,188.00 Paving 8"-3600 psi conc. Pvmt. ( phase 1 ) SY 6,300 39.10 246,330.00 6" Lime Stabilized Subgrade ( phase 1 ) SY 6,800 2.55 17,340.00 Lime ( phase 1 ) TN 123 145.00 17,835.00 8"-3600 psi conc. Pvmt. ( phase 2 ) SY 3,500 49.75 174,125.00 6" Lime Stabilized Subgrade ( phase 2 ) SY 3,800 2.55 9,690.00 Lime ( phase 2 ) TN 69 145.00 10,005.00 Transition SY 550 57.00 31,350.00 Concrete Driveway Pavement SY 355 45.00 15,975.00 Sawcut & Connect to Exist. Pvmt LF 242 20.00 4,840.00 Connect to Exist Concrete Header LF 25 5.00 125.00 Connect to Exist HMAC LF 72 20.00 1,440.00 Keyed Construction Joint LF 133 16.00 2,128.00 Concrete Street Header LF 25 15.00 375.00 5' Sidewalk SF 8,170 4.25 34,722.50 Pavement Markings LS 1 18,000.00 18,000.00 Traffic Control EA 3 3,500.00 10,500.00 Repair Gravel Driveway (include CMP) EA 1 2,500.00 2,500.00 Remove Existing Concrete Sidewalk SF 2,770 1.50 4,155.00 Remove Existing Asphalt Pavement SY 6,100 4.50 27,450.00 Road Signs EA 7 475.00 3,325.00 2" PVC Conduit LF 240 12.00 2,880.00 Barrier Free Ramp EA 2 1,200.00 2,400.00 Maintenance Ramp EA 7 1,000.00 7,000.00 Remove Existing Lane Line Markings LF 1,700 1.50 2,550.00 Remove Existing Turn Symbols EA 2 75.00 150.00 Subtotal Paving 647,190.50 12/10/2014 2014-12-10 Ferguson Road CE.xlsx SECTION 1 Varying Sections of Divided 25' Paving FERGUSON PARKWAY COST SUMMARY LAKEVIEW ESTATES Anna, Texas Sta. 0+00 to Sta. 23+13 Description Unit I Quantityl Pricel Amount Utilities 10 ft. Rec. Inlet EA 1 4,200.00 4,200.00 21" RCP, Class III LF 62 41.50 2,573.00 6'x4' Box Culvert LF 101 353.00 35,653.00 Box Culvert Headwall EA 1 6,500.00 6,500.00 Misc. Storm Connections LS 1 700.00 700.00 Remove Existing Hdwl EA 1 1,350.00 1,350.00 Trench Safety LF 163 0.40 65.20 Subtotal Utilities 51,041.20 Misc. Erosion Control, Maintance LS 1 10,000.00 20,000.00 Utility Relocation LS 1 10,000.00 10,000.00 Landscape and Irrigation LS 1 20,000.00 20,000.00 Street Lights ( incl. conduit) EA 7 2,500.00 17,500.00 Relocate Existing Utility Poles LS 1.00 5,000.00 5,000.00 Subtotal Misc. 72,500.00 Subtotal 877,919.70 Contingencies (5%) 43,895.99 Engineering 16,680.00 Surveying 26,365.00 Testing 15,000.00 Maintenance Bond 4,000.00 Inspection (3%) 27,654.47 R.O.W. Acquisition 20,000.00 TOTAL COST 1,031,515.16 12/10/2014 2014-12-10 Ferguson Road CE.xlsx Exhibit D Estimated Project Cost Grantee's Share SECTION 2 Varying Sections of Divided 25' Paving FERGUSON PARKWAY COST SUMMARY LAKEVIEW ESTATES Anna, Texas Sta. 23+13 to Sta. 38+08 SECTION 2 Varying Sections of Divided 25' Paving FERGUSON PARKWAY COST SUMMARY LAKEVIEW ESTATES Anna, Texas Sta. 23+13 to Sta. 38+08 Description I Unit I Quantityl Pricel Amount Excavation Prep ROW STA 15 1,900.00 28,500.00 Excavation CY 2,100 6.20 13,020.00 Subtotal Excavation 41,520.00 Paving 8"-3600 psi conc. Pvmt. SY 4,250 39.10 166,175.00 6" Lime Stabilized Subgrade SY 4,590 2.55 11,704.50 Lime TN 83 145.00 12,035.00 Asphalt Transition SY 345 57.00 19,665.00 Concrete Driveway Pavement SY 210 45.00 9,450.00 Concrete Street Header LF 25 15.00 375.00 5' Sidewalk SF 6,905 4.25 29,346.25 Pavement Markings LS 1 8,000.00 8,000.00 Traffic Control EA 3 2,500.00 7,500,00 Repair Gravel Driveway (Include CMP) EA 4 2,500.00 10,000.00 Remove Existing Asphalt Pavement SY 3,820 4.50 17,190.00 Road Signs EA 3 475.00 1,425.00 Maintenance Ramp EA 1 1,000.00 1,000.00 Barricade LF 25 35.00 875.00 Subtotal Paving 294,740.75 Utilities 20 ft. Rec. Inlet EA 1 4,200.00 4,200.00 18" RCP, Class III LF 181 35.00 6,335.00 Trench Safety LF 181 0.40 72.40 Subtotal Utilities 10,607.40 Misc. Relocate Existing Utility Poles LS 1 5,000.00 5,000.00 Erosion Control, Maintance LS 1 10,000.00 10,000.00 Street Lights ( incl. conduit) EA 1 2,500.00 10,000.00 Utility Relocation LS 1 5,000.00 5,000.00 Landscape and Irrigation LS 1 2,500.00 2,500.00 Subtotal Misc. 32,500.00 12/10/2014 2014-12-10 Ferguson Road CE.xlsx SECTION 2 Varying Sections of Divided 25' Paving FERGUSON PARKWAY COST SUMMARY LAKEVIEW ESTATES Anna, Texas Sta. 23+13 to Sta. 38+08 Description Unit I Quantityl Pricel Amount Subtotal 379,368.15 Contingencies (5%) 18,968.41 Engineering 10,820.00 Surveying 17,135.00 Testing 10,000.00 Maintenance Bond 2,500.00 Inspection (3%) 11,950.10 TOTAL COST 450,741.65 12/10/2014 2014-12-10 Ferguson Road CE.xisx