ST9604-CS 980224 (2) .....................
Dart Proposal for Positive Board RecommendatiOn
Issues Financial
Impaa
1. Fairway Crossing .~ (^.', '~?~-~ r~2
/Ci~ pays for ~e ~s ~d si~s at ~e cross~S
/ CiW pays for ~e up~ade of ~e rails ~ ~e crossing$18,000
[ CiW pays for ~c li~t F~ay ~ Beltl~e$80,000
~CiW cons~cB Fa~ay ~om Beltline to no~ D~ ROW
2. Dan Issues
Execute license ~eement for Fai~ay ~.-0-
Execute e~ement a~eements for Coppell & M~re Rd.~-- -0-
CiW maint~ns Fai~ay Dr. cross~g (not ~s or si~s)-0-
Set ~ide money for o~er safeW improvements$50;000
3. ~ohnny Thomson Crossing
~xecute ~eement to m~e cross~ a ciW cross~-0-
._ Up~ade enff~ce to CiW st~d~ds ie, concrete$15,700
Ci~ pays for ~e ~s ~d si~s at the cross~g$155,000
Ci~ pays for ~e up~ade of ~e rails ~ ~e cross~.....
T~ to restrict exi~ to ri~t mm o~y -0-
4. Riverch~e D~eloper Issues
Provide credit for Roa~ay ~pact Fees$23,800~
CiW to reimbu~e for overs~g of Fai~ay ~.-0-
Dart Proposal for Positive Board Recommendation
Issues Financial
Impact
1. Fairway Crossing
City pays for the arms and signals at the crossing $150,000
City pays for the upgrade of the rails at the crossing$18,000
City pays for traffic. light Fairway @ Beltline $80,000
City constructs Fairway from Beltline to north Dart ROW$42,500
2. Dart Issues
Execute license agreement for Fairway Dr. -0-
Execute easement agreements for Coppell &Moore Rd. -0-
City maintains Fairway Dr. crossing (not arms or signals)-0-
Set aside money for other safety improvements $50,000
3. Johnny Thompson Crossing
Execute agreement to make crossing a city crossing -0-
Upgrade entrance to City standards ie, concrete $15,700
City pays for the arms and signals at the crossing $155~00.0
City pays for the upgrade of the rails at the crossing$18,000
Try to restrict exits to right turn only -0-
4. Riverchase Developer Issues
Provide credit for Roadway Impact Fees $23,800
City to reimburse for oversizing of Fairway Dr. -0-
Total Projected Financial Impact $553,000
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