HomeMy WebLinkAboutResolution 2001-014
RESOLUTION NO. 2001-014
BE IT RESOLVED by the City Council of the City of North Richland Hills,
Texas, that:
1,
The City Manager be, and is hereby authorized to execute the attached
City-Developer Agreement with the Northeast Tarrant Development, LLC.
concerning cost participation on Shady Grove Road and Smithfield Road Street
and Drainage Improvements.
PASSED AND APPROVED this the 12th day of February, 2001.
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"--'Patricia Hut'Son, City Secretary
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APPRO'ifEiD/~S TO(FR¢M AND LEGALITY:
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Rex cEntire, Attorney for the City
APPROVED ASJO CONTENT: .
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Gregory W. Die ns, Public Works Directôr
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CITY-DEVELOPER AGREEMENT
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STATE OF TEXAS §
COUNTY OF TARRANT §
WHEREAS, the Developer, Northeast Tarrant Development, LLC., wants to develop the
property adjacent to Shady Grove Road on the south side and to Smithfield Road
on the east side near their intersection; and
WHEREAS, the Developer intends to reconstruct approximately 1,800 feet of Shady
Grove Road into a 40-foot wide concrete street with curb and gutter (either full
width or half width) and approximately 800 feet of one-half of Smithfield Road;
and
WHEREAS, the City of North Richland Hills is responsible for a portion of the cost for
improving Shady Grove Road and Smithfield Road and would like the entire
width of Shady Grove Road constructed along this section; and
WHEREAS, the City of North Richland Hills has an agreement with the City of Keller for
reimbursement of a portion of the Shady Grove Road improvement costs; and
WHEREAS, the City of North Richland Hills has collected some escrow for the Shady
Grove Road drainage improvements from developers in Keller.
NOW, THEREFORE, the parties agree as follows:
1. Developer will advertise and take bids on the project in accordance with the
City's requirements.
2. Developer will construct the project in accordance with the construction plans by
Owen D. Long & Associates sealed June 1, 2000 and approved by the City of
North Richland Hills and the City of Keller.
3. Developer will pay for all initial construction costs and engineering costs for this
project in order to complete the project.
4. The Developer will not final pay the Contractor until North Richland Hills and
Keller have a final inspection of the project and give their approval.
5. The Developer will be responsible for the normal perimeter street costs plus 3%
inspection fee per North Richland Hills rules and regulations. This will include
one-half the Shady Grove Road and Smithfield Road improvements cost
adjacent to the commercially zoned tract, Tract 2A 1, Thomas Peck Survey, and
up to 18.5 feet of curb and street improvements adjacent to the Brandonwood
Addition, Phase II. The Developer will pay for storm drain and inlets installed on
the south side of Shady Grove Road.
Northeast Tarrant Development, LLC,
City-Developer Agreement
Page 1 of 3
6. The City will be responsible for all costs not covered as part of the Developer's
responsibility to pay as outlined in Item #5 above.
7. The City of North Richland Hills will pay the Developer all monies owed by the
City per this agreement when the project is complete and approved by City staff
for final pay.
8. Based on the estimates by the design engineer, the following is a breakdown of
the cost.
Developer
City
Shady Grove Road
Smithfield Road
subtotal
3% Inspection Fees
subtotal
City of Keller Part.
$181,900
36,700
$218,600
6,558
$225,158
$262,100
43,400
$305,500
o
$305,500
- 55,000
$250,500
- 37,953
$212,547
Keller Dev. Escrow
WITNESS OUR HANDS THIS
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day of February, 2001.
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Patricia Hutson, City Secretary
Northeast Tarrant Development, LLC,
City-Developer Agreement
Page 20'3
STATE OF TEXAS
COUNTY OF TARRANT
NORTHEAST TARRANT DEVELOPMENT,
LLC.
By:
This instrument was acknowledged before me on ;Þ-t ~-ol ,2001 by
John Barfield, General Partner of Northeast Tarrant Development, LLC., a partnership
on behalf of the partnership.
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Notary Public Signature
Notary's printed name:
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Commission expires:
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Northeast Tarrant Development, LLC.
City-Developer Agreement
Page 3 of3