Title
Consider/Discuss/Act on a Resolution Authorizing the City Manager to Execute a Roadway Impact Fee Credit Agreement with TMPG HIGHLAND LAKES, LLC, for the Construction of Bloomdale Road, Stonebridge Drive, and Ridge Road, and Dedication of Right-Of-Way, Serving an Approximately 277.41 Acre Development (Highland Lakes Phases 3 and 5), Generally Located on the North Side of Bloomdale Road and West Side of Ridge Road
Summary
COUNCIL GOAL: Operational Excellence
(2.1: Balance available resources to accommodate the growth and maintenance needs of the city.)
MEETING DATE: July 7, 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 agreement with TMPG HIGHLAND LAKES, LLC, for the construction of Bloomdale Road, Stonebridge Drive, and Ridge Road, and dedication of right-of-way, generally located on the north side of Bloomdale Road and west side of Ridge Road.
* In conjunction with the Highland Lakes Phase 5 Development (approximately 135.60 acres), the applicant is required to construct two lanes of Bloomdale Road (extending approximately 1,944 linear feet), and two lanes of Stonebridge Drive (extending approximately 2,370 linear feet). The applicant is required to dedicate the right-of-way along the Phase 5 Property frontage, which is approximately 1,037 linear feet of Bloomdale Road and approximately 1,515 linear feet of Stonebridge Drive. The roadway improvements and right-of-way dedication are roadway impact fee credit eligible and shown on the attached roadway exhibit.
* In conjunction with the Highland Lakes Phase 3 Development (approximately 141.81 acres), the applicant is required to construct two lanes of Ridge Road (extending approximatel...
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