Title
Consider/Discuss/Act on a Resolution Authorizing the City Manager to Execute a Developer Participation Agreement with W/J Wilmeth Ridge, LP, for the Construction of Certain Storm Water Improvements for Future Ridge Road on the West Side of the Wilmeth Ridge South Subdivision, Generally Located South of Wilmeth Road (County Road 161) and East of Future Ridge Road
Summary
COUNCIL GOAL: Direction for Strategic and Economic Growth
(1A: Establish regional and infrastructure incentives to increase economic growth)
MEETING DATE: May 5, 2020
DEPARTMENT: Engineering
CONTACT: Gary Graham, P.E., Director of Engineering
Christopher Gettert, Civil Engineer I
Brandon Opiela, Development Manager
RECOMMENDED CITY COUNCIL ACTION:
* Approval of the Resolution
ITEM SUMMARY:
* This item authorizes the City Manager to enter into an agreement with W/J Wilmeth Ridge, LP, for the construction of an approximately 150 linear foot storm water culvert underneath future Ridge Road, adjacent to the Wilmeth Ridge South subdivision.
* The developer provided estimated contract price of the items associated with the storm water improvements is $284,798.61, and the proposed agreement stipulates that the City agrees to participate in half of the cost of construction for the storm water improvements, up to $142,399.31.
* The location of the improvements covered by the proposed agreement are shown on the attached Storm Water Improvement Exhibit and will extend a total of 150 linear feet, underneath future Ridge Road.
* In conjunction with the platting and development of the Wilmeth Ridge South subdivision (approximately 49.15 acres), the applicant is required to construct the eastern (2) northbound lanes of Ridge Road adjacent to the subject property, including the eastern upstream half of the subject culvert. Concurrently, the western (2) southbound lanes of Ridge Road shall be constructed through Capital Improvement Project ST1617 - Ridge Rd (US 380 to Wilmeth). The City ...
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