Title
Consider/Discuss/Act on a Resolution Authorizing the Interim City Manager to Execute a Developer Participation Agreement with W/J Wilmeth Ridge, L.P., for the Construction of an Oversized Off-site Wastewater Main and Related Infrastructure Improvements, Being Extended to the Wilmeth Ridge North and Wilmeth Ridge South Subdivisions, Generally Located East of Ridge Road (CR 161) and on the North and South Sides of Wilmeth Road (CR 164)
Summary
COUNCIL GOAL: Direction for Strategic Growth
MEETING DATE: March 1, 2016
DEPARTMENT: Development Services
CONTACT: Brandon Opiela, Development Manager
RECOMMENDED CITY COUNCIL ACTION:
* Approval of the Resolution
ITEM SUMMARY:
* This item authorizes the Interim City Manager to enter into an agreement with W/J Wilmeth Ridge, L.P., regarding the reimbursement of construction costs incurred by the oversizing of a master planned wastewater main.
* The contract price of the items associated with the oversized main and related appurtenances is $1,328,019.75.
* The proposed agreement stipulates that the City agrees to participate in the cost of construction for the oversized portion of the off-site wastewater main, up to $759,441.37, which is the estimated difference between the costs of the oversized main and the cost to construct the City's minimum standard 12" diameter main that would otherwise be sufficient to serve the Wilmeth Ridge South and Wilmeth Ridge North Subdivisions.
* In no circumstances shall the City's participation in costs exceed the difference between the cost to construct the standard 12" diameter line and the cost to construct the oversized main.
* The location of the proposed off-site wastewater main is shown on the attached exhibit and will extend a total of 4,681 linear feet with both 30" and 36" diameter sections.
BACKGROUND INFORMATION:
* The existing annexation agreement (see attached) for the Wilmeth Ridge North and Wilmeth Ridge South Additions c...
Click here for full text