Title
Consider/Discuss/Act on a Resolution Authorizing the City Manager to Execute a Roadway Impact Fee Reimbursement and Developer Participation Agreement with Bloomdale Investments LP, for the Construction of Bloomdale Road and Dedication of Right-Of-Way, Serving an Approximately 4.50 Acre Development (Bloomdale Self Storage), Generally Located on the South Side of Bloomdale Road and to the East of Custer Road
Summary
COUNCIL GOAL: Operational Excellence
(2.1: Balance available resources to accommodate the growth and maintenance needs of the city.)
MEETING DATE: June 16, 2026
DEPARTMENT: Development Services
CONTACT: Gary Graham, P.E., Director of Engineering
Matt Richardson, P.E., Assistant Director of Engineering
Taylor Schauwecker, P.E., Development Engineering Manager
RECOMMENDED CITY COUNCIL ACTION:
• Approval of the Resolution
ITEM SUMMARY:
• This item authorizes the City Manager to enter into a roadway impact fee reimbursement and developer participation agreement with BLOOMDALE INVESTMENTS LP, for the construction of Bloomdale Road, generally located on the south side of Bloomdale Road and to the east of Custer Road.
• In conjunction with the Bloomdale Self Storage Development (approximately 4.50 acres), the applicant is required to construct two lanes of Bloomdale Road (extending approximately 1,240 linear feet), referenced as “roadway improvements”, and to dedicate the respective rights-of-way (all of which are roadway impact fee credit eligible and shown on the attached roadway construction exhibit).
• The developer will spend a total of $1,157,664.00 constructing the roadway improvements.
• The developer also paid a total of $98,736.40 in roadway impact fees in conjunction with permitting of two (2) self-storage buildings of the development.
• The maximum assessable roadway impact fee for the development per ordinance is $263,311.78, and the total amount spent by the developer constructing the required roadways and paying the associated roadway impact fees is $1,256,400.40.
• The adjusted cost to the developer exceeds the maximum assessable impact fee for the roadway project.
• Due to the developer having previously paid to the City the required impact fees for the roadway improvements, the City shall make payment to the Developer of $98,736.40, said amount being equal to the total impact fees paid by the Developer.
• The developer is also eligible to receive a cash reimbursement amount not to exceed $494,784.32 for constructing the roadway improvements described above.
BACKGROUND INFORMATION:
• An associated site plan for Bloomdale Self Storage (SITE2023-0106) has been approved. An associated final plat (PLAT2025-0025) has been approved and may be filed once all required public improvements have been installed and accepted by the City.
FINANCIAL SUMMARY:
• The developer paid a total of $98,736.40 in roadway impact fees to serve the Bloomdale Self Storage Addition.
• The developer will spend a total of $1,157,664.00 in construction costs building the impact fee eligible roadways required for the development.
• Upon the dedication, construction and acceptance of the offsite roadway improvements contemplated within the proposed agreement, the maximum amount to be reimbursed will be $593,520.72.
• The total amount to be reimbursed is currently available in the following projects and funding accounts:
o Fund 21 - Streets (100%) - $593,520.72
• With the approval of this item, $3,430,076.65 will remain in Project ST2017.
BOARD OR COMMISSION RECOMMENDATION:
• N/A