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HomeMy WebLinkAboutItem 4.05 I-580 Fallon El Charro (2) 0: -. CITY CLERK File # D~(Q][(1]-~1QJ tt AGENDA STATEMENT CITY COUNCIL MEETING DATE: February 16,1999 SUBJECT: Agreement with Jennifer Lin for funding the preparation of Project Study Report for 1-580/Fallon RoadlEl Charro Road Interchange. Report Prepared by: Lee S. Thompson, Public Works Director ATTACHMENTS: 1) 2) Resolution Agreement with Jennifer Lin RECOMMENDATION: ~ Adopt Resolution approving agreement FINANCIAL STATEMENT: The total cost is $347,000 for the Project Study Report (PSR) for the 1-580/Fallon RoadlEl Charro Road Interchange Improvements. The Developer's 100% contribution is based on estimated traffic volume that will be generated by their development. The contribution is equal to the total cost for the Project Study Report. tt This agreement provides that the Developer will pay the cost of the project study report for the interchange improvements. The project study report is proposed to be prepared by CCS Planning and Engineering, whose agreement for the work is a separate item on this agenda. The costs for the Project Study Report are as follows: CCS Homolka City Staff Time $307,000 30,000 10.000 $347,000 The Developer will receive a credit against payment of future Eastern Dublin Traffic Impact Fees in an amount equal to funds advanced for this work. TIF Credit will only be given after the cash deposits have been received by the City. The Developer will post an initial deposit of $1 00,000 upon approval of this agreement and advance the additional contribution as the study progresses. Sufficient monies have been budgeted in the 1998-99 Capital Improvement Program. tt COPIES TO: Jennifer Lin c/o Marty Inderbitzen ITEM NO. 4.; g:\develop\interchanges\agenstmtJaln ... " DESCRIPTION: Improvement of the I-580/Fallon RoadlEl Charro Road Interchange is a required mitigation for the Dublin Ranch development. This agreement with Jennifer Lin provides . for the payment of costs related to preparation of a Project Study Report for the needed interchange improvements and the concurrent application of Eastem Dublin Traffic Impact Fee credits. A separate item on this agenda provides for the City's agreement with CCS Planning and Engineering for preparation of the PSR. The City already has an agreement with George Homolka for consultant services on 1-580 Interchange improvements. Staff recommend~ that the City Council approve the budget change and adopt the resolution approving the agreement. . . Page 2 .. RESOLUTION NO. - 99 . A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* APPROVING AGREEMENT WITH JENNIFER LIN REGARDING PROJECT STUDY REPORT FOR I-580/FALLON ROAD/EL CHARRO ROAD INTERCHANGE WHEREAS, a part of the mitigation for the Dublin Ranch development requires improvement of the I-580/Fallon RoadlEl Charro Road Interchange; and WHEREAS, the City and Jennifer Un have agreed to the preparation of certain preliminary reports related to this interchange; and WHEREAS, a credit against payment of future Eastern Dublin Traffic Impact Fees will be provided to offset Jennifer Un's payment of costs related to the project study report; . NOW, THEREFORE, BE IT RESOLVED that the City Council approves the agreement with Jennifer Lin regarding preparation of project study report for the I-580/Fallon RoadlEl Charro Road interchange; BE IT FURTHER RESOLVED that the Mayor is authorized to execute the agreement. PASSED, APPROVED AND ADOPTED this 16th day of February, 1999. . AYES: NOES: ABSENT: ABSTAIN: Mayor . ATTEST: City Clerk g: lagenmisclresolinJaln ., n-/\ .,. '" l!;..... r........ ;!. i .. t ~!:"I.,:;...~o, . .. ".I! .~th...t" ~ __. ,. -~ '" AGREEMENT BETWEEN JENNIFER L1N AND CITY OF DUBLIN REGARDING PROJECT STUDY REPORT FOR I-SaD/FALLON ROADIEL CHARRO ROAD INTERCHANGE . THIS AGREEMENT is entered into this 16th day of February 1999, between the City of Dublin, a municipal corporation ("City") and Jennifer Un ("Un"). RECITALS A. Un owns approximately 1,333 acres of land located within the area generally known as Eastern Dublin. Some of Un's property is within the Cfty of Dublin and the remainder of Un's property is within the City's sphere of influence. B. City has adopted a traffic impact fee (Eastern Dublin Traffic Impact Fee) to pay for road improvements necessary in Eastern Dublin. C. City's Eastern Dublin Specific Plan ("Specific Plan") designates land uses for Un's property. Un will be required to pay an Eastern Dublin Traffic Impact Fee when Un develops her property. D. A project study report or "PSR" is required by Caltrans in connection with improvements to the Fallon Road/EI Charro Road interchange. It is also desirable to prepare a "preliminary" or "concept" PSR prior to the preparation of the final PSR. A project study report or "PSR" is required by Caltrans in connection with improvements to the Fallon RoadlEI Charro Road interchange. Un has previously agreed to bear the cost of the concept PSR in the agreement dated April 21, 1998. . Un has agreed to advance funds to City for retention of a consultant to prepare a project study report as provided in this agreement and City has agreed to provide Un a credit against payment of future Eastern Dublin Traffic Impact Fees in an amount equal to the funds advanced. E. F. 1 Based on a preliminary traffic analysis, it has been determined that the Un's initial fair share portion of the 1-5801 Fallon RoadlEI Charro Road Interchange PSR is 100%. AGREEMENT Now, therefore, City and Un agree as follows: 1. Consultant City will retain a consultant to prepare a project study report for the Fallon RoadlEI Charro Road Interchange. City shall enter into an agreement with a consultant within 30 days of this agreement. 2. Payment Un will pay an initial deposit of $100,000 to City contemporaneous with execution of this . agreement to be used by City to cover City's costs of the PSR as set forth in paragraph 1 above. Any funds remaining account shall be returned to Un following completion of the r', -.....,... .\. r:"~ ~r ,. r"'~ '..... ~ I ; 'J' t"~., t~ io- "\.1 I ~ {':1: ..,ir I> J,..l'.. r.,.../; y t. Zt. .. .. . PSR. Un shall deposit additional funds when requested by the City's Public Works Director but not to exceed an additional $247,000 for a total contribution of $347,000. 3. Credit Against TIF City shall provide a credit to Un in the amount of Lin's payment for the PSR. The amount of the credit shall not be increased for inflation nor shall interest accrue on the amount of the credit. The credit Shall be applied by Un against the "Section 1" portion of the Eastern Dublin Traffic Impact Fee for the Dublin Ranch project in the manner and subject to the provisions of City's administrative guidelines for use of such credits. 4. No Obl!oation to Aporove Proiect This agreement Shall not be construed as providing Un with any assurance that any application for a rand use entitlement will be granted by City for Un's property. CITY OF DUBLIN JENNIFER UN By: By: t Guy S. Houston, Mayor Ted Fairfield. Co Civil E.ngineer . ATfEST Kay Keck. City Clerk g~develop\interchan9$$\Jinag refaln.doe .