Agenda

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City Council Regular Meeting

Meeting Date:

10/11/2022

BACKGROUND

The Developer of the Crossvine, Schertz 1518, Ltd. is requesting approval of a number of agreements associated with the development of their property. The timing of the improvements to FM 1518 and the relocation of infrastructure is impacting the development of their property. They have requested a series of agreements with the City to try to coordinate the construction of infrastructure in a timely and cost-effective manner.

The first agreement is a Subdivision Improvement Agreement regarding Module 3A, Unit 1. It allows the plat to be filed prior to all the infrastructure being accepted. This phase is impacted by the construction of the Woman Hollering Creek Wastewater Line. The developer is unable to complete all the infrastructure triggered by platting until that occurs. The development will function prior to that, so staff does not have concerns about allowing the plat to be filed. Schertz 1518, Ltd. is putting up a surety.

The second agreement is a reimbursement agreement with Schertz 1518, Ltd. associated with Module 3A, Unit 1 and involves improvements to utilities impacted by the FM 1518 expansion. The developer is having to make some improvements associated with Module 3A, Unit 1 and the City requested they make some additional improvements the City would otherwise have had to make. The City's cost are estimated to be around $1,280,000.

The third agreement involves improvements to Lower Seguin Road. The developer is desiring to plat a portion of their property on the south side of Lower Seguin Road for the development of an apartment complex. This would trigger the requirement that they construct half of Lower Seguin Road adjacent to the property. Improving a short section of one half of Lower Seguin Road adds very little value. As such the developer is proposing to be allowed to defer that construction to June 30, 2024. Rather than constructing just that section of road, the developer would construct the entire width from generally FM 1518 to generally the western limits of the property they own on the north side. The City would pay for the cost of construction that the developer of the Crossvine is not obligated to construct. The City also agrees to reimburse the developer on a dollar for dollar basis (rather than provide vehicle mile credits) from roadway impact fees collected from within the Crossvine for the costs associated with the portions they are required to build. The benefit of this arrangement is staff anticipates getting a significant section of Lower Seguin Road, approximately 2,000 feet, built much sooner than it would be otherwise and the City does not have to manage the project.

GOAL

Provide for the orderly development of infrastructure within the City of Schertz.

COMMUNITY BENEFIT

Provide for development of infrastructure in a timely, cost-effective manner.

SUMMARY OF RECOMMENDED ACTION

Approval of the agreements with Schertz FM 1518, Ltd.

FISCAL IMPACT

There is no cost to the City associated with the Subdivision Improvement Agreement for Module 3A, Unit 1.

The cost to the City associated with the Reimbursement Agreement for Module 3A, Unit 1 is estimated to be $1,280,000 but will be the actual costs, subject to verification by City staff.

The costs associated with the Roadway Capital Recovery Offset and Reimbursement Agreement tied to Lower Seguin Road for the City are more difficult to estimate. Ultimately they will be the actual costs, subject to City review and approval. Per the Roadway Impact Fee Study, the cost was estimated to be just over $1.5 million, but that was in 2017 and the construction will not begin for another year. Funds will come from roadway impact fees in that service area.

RECOMMENDATION

Approval of Resolution 22-R-102

Attachments
Res 22 R 102
Agreement Module 3A Unit 1
Reimbursement Agreement FM 1518
crossvine lower seguin roadway