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Vistas of C 1stP-AG 950328CITY COUNCIL MEETING: AGENDA REQUEST FORM March 28, 1995 ITEH ITEM CAPT I ON: Consideration and approval of a pro rata agreement between the City of Coppell, Vista Property and Coppell 200 Joint Venture and authorizing the Mayor to sign. SUBMITTED BY: Kenneth M. Griffin, P.E. TITLE: Assistant City Manager/City Engineer STAFF COMMENTS: See attached memo. INITIALS STAFF RECOMMENDATION Approval ~ Denial EXPLANATION: Staff recommends approval of the pro rata agreement with a 20 year time ~ame and the waiver of the 2% inspection ~e. BUDGET AMT.$ AMT. EST.$ +/- BUD:$ FINANCIAL COMMENTS: FINANCIAL REVIEW:~ CITY MANAGER REVIEW: Agenda Request Form - Revised 1/94 MEMORANDUM To: From: RE: Date: Mayor and City Council Kenneth M. Griffin, P.E., Assistant City Manager/City Engineer ~ Consideration and approval of a pro rata agreement between the City of Coppell, Vista Property and Coppell 200 Joint Venture and authorizing the Mayor to sign. March 20, 1995 For sometime now City staff has been working with representatives of Vista Properties and their engineer and attorney to work out a pro rata reimbursement agreement for the development of a lift station and sewer line improvements to allow the development of what is commonly known as Vista Ridge and Coppell 200 Joint Venture properties. The improvements will also benefit property generally west of the Coppell 200 Joint Venture property (see map on benefitted area). In essence, the agreement allows for Vista Properties to hire an engineer, Carter and Burgess, to design the lift station and force main that will connect the new lift station into the existing DeForest Road lift station. At some later date, there will be an additional pro rata agreement that would allow for the construction of sewer lines on the north side of Denton Creek from Denton Tap Road to the proposed lift station east of MacArthur Blvd. However, this particular pro rata agreement only covers the lift station and the force main to connect the two lift stations. The agreement has been reviewed by our attorneys and the comments by the attorneys have been incorporated into the pro rata reimbursement agreement. The approval of the agreement will necessitate one variance to the Subdivision Ordinance and one waiver of fees. The Subdivision Ordinance allows for pro rata agreements for 10 years only. The owners of the property have requested a 20 year period for the agreement. Because of the amount of land and the complexity of the land development, the City offers no objections to the 20-year time period for the pro rata agreement and recommends that Council approve the variance to the Subdivision Ordinance. The second request is for a waiver of the 2% inspection fees for the lift station and the force main. Because this is part of the City's Master Plan and is being designed and funded by a private entity at no cost to the City, then the City would offer no objections to the waiver of the inspection fees. Obviously, I will still have an inspector checking the job site during construction. Staff recommends approval of the pro rata agreement with a 20 year time frame and the waiver of the 2 % inspection fee. Staff will be available at the Council meeting to answer any questions. SANITARY SEWER PRO-RATA REIMBURSEMENT AGREEMENT This Sanitary Sewer Pro Rata Reimbursement Agreement (the "Agreement") is executed between the CITY OF COPPELL, TEXAS (the "City."), VISTA PARTNERS, a Nevada general partnership ("Vista"), and COPPELL 200 JOINT VENTURE, a Texas joint venture CJV") to be effective the __ day of ,1995. WHEREAS, Vista, JV, and other persons or entities own, in the aggregate, approximately 505 acres of real property that are located within the corporate limits of the City and that are delineated on Exhibit "A" (and hereinafter referred to) as the "Benefited Area"; WHEREAS, Vista owns, or for the limited purposes of this Agreement represents the owners of, approximately 213 acres within the Benefited Area, which 213 acres are delineated on Exhibit "A" (and hereinafter referred to) as the "Vis~ Property."; WHEREAS, JV owns approximately 170 acres within the Benefited Area, which 170 acres are delineated on ~ (and hereinafter referred to) as the "JV Property."; WHEREAS, other individuals or entities not parties to this Agreement own approximately 122 acres within the Benefited Area, which 122 acres are (delineated) on ~ (and hereinafter referred to) as the "Remaining Property"; WHEREAS, development of all property within the Benefited Area will require the design and construction of certain infrastructure improvements including, but not limited to, (i) a sanitary sewer lift station (with an ultimate capacity of approximately 3.0 million gallons per day; the "Ultimate Lift Station") that will be located east of Macarthur Boulevard and north of Denton Creek on property owned by Vista, and (ii) a 12 inch force main (the "Ultimate Force Main") that will be located in the right-of-way of Macarthur Boulevard and that will connect the Ultimate Lift Station to the existing DeForest Lift Station; WHEREAS, the Ultimate Lift Station and Ultimate Force Main will be located as generally shown on ~ attached hereto; WHEREAS, Vista, JV, and the City each acknowledges and agrees that the Ultimate Lift Station and Ultimate Force Main will directly, immediately, and uniformly (on a per-acre basis) benefit all property within the Benefited Area; WHEREAS, Vista, JV, and the City each acknowledges and agrees that all property within the Benefited Area will benefit from the construction of the Ultimate Lift Station and Ultimate Force Main, the amount of which benefit will substantially exceed the Total Project Costs (hereinafter defined) for such improvements; Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - I WHEREAS, Vista, JV, and the City agree that near term development of property within the Benefited Area justifies the immediate design and construction of (i) the initial phase of the Ultimate Lift Station (consisting of the Ultimate Lift Station box structure with a "knock out" divider wall and one or more pumps capable of providing an initial capacity of approximately 1.0 million gallons per day (the "Initial Phase Lift Station") and (ii) the Ultimate Force Main. The Initial Phase Lift Station and the Ultimate Force Main shall hereinafter be referred to as the "Phase I Improvements". The improvements necessary to upgrade the capacity of the Initial Phase Lift Station to the capacity of Ultimate Lift Station (i.e., from 1.0 million to 3.0 million gallons per day) shall hereinafter be referred to as the "Phase II Improvements"; WHEREAS, the City desires that Vista and JV design and construct the Phase I Improvements upon the terms and conditions set forth in this Agreement; WHEREAS, Vista and JV are willing to design and construct the Phase I Improvements upon the terms and conditions set forth in this Agreement. NOW THEREFORE, in consideration of the mutual covenants set forth in this Agreement, Vista, JV, and the City agree as follows: 1. Design of Phase I Improvements. Vista and JV (collectively, "Developer"), at Developer's sole cost and expense, will cause Carter & Burgess, Inc., 7950 Elmbrook Drive, Suite 250, Dallas, Texas 75247-4961, to design the Phase I Improvements. Except as hereinafter provided, such design shall be in accordance with the City's ordinary and customary requirements applicable to public works construction projects and shall be subject to final approval by the City (which approval shall not unreasonably be withheld or delayed). The City agrees to use all reasonable efforts to review and approve Developer's plans and specifications for the Phase I Improvements in a timely manner. Construction of Phase I Improvements. Developer, at its initial sole cost and expense, will cause the Phase I Improvements to be constructed, subject to reimbursement as set forth in paragraphs 13, 14, and 15 hereof. Except as hereinafter provided, such construction shall be in accordance with the City's ordinary and customary requirements applicable to public works construction projects and shall be subject to final approval and acceptance by the City (which approval and acceptance shall not unreasonably be withheld or delayed). The construction schedule for the Phase I Improvements will be established by Developer. The City agrees to use all reasonable efforts to review, inspect, and approve construction of the Phase I Improvements in a timely manner. The City acknowledges and agrees that Developer shall not be required to competitively bid any of the contracts that will be required to construct the Phase I Improvements. ~LOJll_~lillla~. The costs to design and construct the Phase I Improvements (the "Phase I Costs") are estimated on ~ attached hereto. The costs to design and construct the Phase II Improvements (the "Phase II Costs") are estimated on Exhibit "C" attached hereto. The sum of the Phase I Costs and the Phase II Costs shall hereinafter be referred to as the "Total Project Costs". Sanitary Sewer Pro Rata Reimbnrsement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 2 Cost Sharing: Payment of Costs: Disbursement of Funds. Vista shall pay 55.614% (213 divided by 383) of the actual Phase I Costs. JV shall pay 44.386% (170 divided by 383) of the actual Phase I Costs. Vista and JV shall escrow (the "Construction Escrow") their respective portion of the estimated Phase I Costs within __ days after this Agreement has been formally and finally approved by the City Council of the City and has been duly executed by an authorized representative of the City. Vista and JV will deposit additional funds (in proportion to the percentages set forth in this paragraph 4) in the Construction Escrow if necessary to pay the actual Phase I Costs (such additional deposits to be made within a reasonable time, not to exceed 30 days, after either Vista or JV reasonably determines that the balance in the Construction Escrow is insufficient to pay the actual Phase I Costs and gives the other party written notice of such deficiency together with reasonable evidence of the nature, category, and amount of such deficiency). Disbursements from the Construction Escrow shall require the approval of both Vista and JV (which approvals shall not unreasonably be withheld or delayed). The balance, if any, remaining in the Construction Escrow upon completion and acceptance by the City of the Phase I Improvements shall be returned to Vista and JV in proportion to the percentages set forth in this paragraph 4. Insurance and Bonds. Developer agrees to provide or cause to be provided to the City all insurance policies and payment, performance, and/or maintenance bonds ordinarily and customarily required by City policy and applicable to public works construction projects. No Ci_ty Cost Participation: Waiver of Review, Approval. and/or Inspection Fees. The City shall not be obligated to participate in any of the Phase I Costs. In addition, the City agrees that it will not charge Developer (and the City hereby expressly waives) any fees or charges associated with the City's (i) review and/or approval of any designs, drawings, plans, or specifications for the Phase I Improvements or (ii) review, inspection, approval, and/or acceptance of the Phase I Improvements. Calculation/Imposition of Sanitary_ Sewer Pro-Rata Charges. The City agrees to~xI j_ calculate and impose by ordinance a sanitary sewer pro-rata charge per acre on all property ~ within the Benefited Area in an amount equal to the estimated Total Project Costs divided }r ~ 'X by the number of acres within the Benefited Area (subject to adjustment when the actual ! Total Project Costs are known). Collection of Sanitary_ Sewer Pro-Rata Charges. Subject to the pre-payment provisions hereinafter set forth, a sanitary sewer pro-rata charge (equal to the above-defined pro-rata charge per acre multiplied times the number of acres; the "Pro-Rata Charge") shall be collected from each owner of property within the Benefited Area at the time such property is final platted (or at the time a building permit is issued if the property is already platted). The Pro-Rata Charge shall be calculated based on the area of the property being final platted or, if the property is already platted, based on the area of the lot on which is located the building or structure for which a building permit is being issued. Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 3 10, 12. Pro-Rata Prepayment by Vista. Upon completion and acceptance by the City of the Phase I Improvements, Vista shall be deemed to have prepaid its Pro-Rata Charges in an amount equal to the portion of the Phase I Costs paid or incurred by Vista. Vista's Pro-Rata Charge prepayments shall inure to the benefit of Vista and successor owners of the Vista Property on an equal, per-acre basis and may be transferred or assigned to such successor owners without the consent of the City. No transfer or assignment shall be effective, however, unless written notice thereof has been given to the City, including the name and address of the transferee or assignee and a description of the property sold to such transferee or assignee. Pro-Rata Prepayment by JV. Upon completion and acceptance by the City of the Phase I Improvements, JV shall be deemed to have prepaid its Pro-Rata Charges in an amount equal to the portion of the Phase I Costs paid or incurred by JV. JV's Pro-Rata prepayments shall inure to the benefit of JV and successor owners of the JV Property on an equal, per-acre basis and may be transferred or assigned to such successor owners without the consent of the City. No transfer or assignment shall be effective, however, unless written notice thereof has been given to the City, including the name and address of the transferee or assignee and a description of the property sold to such transferee or assignee. Reservation of Capacity_. Upon completion and acceptance by the City of the Phase I Improvements, and upon the condition that Vista has paid 55.614% of the Phase I Costs, the City agrees that Vista shall be entitled to 42.178% (213 divided by 505; the "Vista Capacity.") of the capacity of the Initial Phase Lift Station. Upon completion and acceptance by the City of the Phase I Improvements, and upon the condition that JV has paid 44.386% of the Phase I Costs, the City agrees that JV shall be entitled to 33.663% (170 divided by 505; the "JV Capacity.") of capacity of the Initial Phase Lift Station. The remaining 24.159% (122 divided by 505; the "Remaining Capacity") of the capacity of the Initial Phase Lift Station shall be reserved for development of the Remaining Property. If either Vista or JV pays any portion of the other party's share of the Phase I Costs and such payment (together with interest thereon at the rate of 18% per annum until fully reimbursed) is not fully reimbursed within 30 days following written demand for reimbursement, the reserved capacity of the party making such payment shall be proportionately increased (e.g., if Vista were to pay one-half of JV's share of the Phase I Costs, then Vista's reserved capacity in the Initial Phase Lift Station would be increased to 59.010%). Impact/Connection Fees. Notwithstanding anything in this Agreement to the contrary, all property within the Benefited Area shall continue to be liable for Water and Sewer Impact Fees (to reimburse the City for the costs of its Capital Improvement Projects excluding, however, the Phase I Improvements and the Phase II Improvements) and for ordinary and customary "hook-up" or "connection" fees. Nothing contained in this paragraph 12 shall relieve, impair, or otherwise affect the obligation of an owner of proPe~rty within the Benefited Area to pay the Pro-Rata Charge as required by this Agreement. Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 4 13. 14. 16, 17, Vista Reimbursable. Vista shall be entitled to reimbursement (the "Vista Reimbursable") from the Segregated Account (hereinafter defined) for the amount by which (a) the sum of (i) Phase I Costs paid or incurred by Vista plus (ii) Vista Funded Shortfalls (hereinafter defined) exceeds (b) 42.178% of the estimated Total Project Costs (subject to adjustment when the actual Total Project Costs are known). .IV Reimbursement. JV shall be entitled to reimbursement (the "JV Reimbursable" from the Segregated Account for the amount by which (a) the sum of (i) Phase I Costs paid or incurred by JV plus (ii) JV Funded Shortfalls (hereinafter defined) exceeds (b) 33.663% of the estimated Total Project Costs (subject to adjustment when the actual Total Project Costs are known). Creation of Segregated Trust Account. For a period of 20 years after the Phase I Improvements are completed and accepted by the City, all Pro-Rata Charges and Third Party Funded Shortfalls (hereinafter defined) collected by or paid to the City and any voluntary City Contributions (hereinafter defined) will be placed in a segregated, trust account (the "Segregated Account") to be used solely (and in the priority) as follows: FIRST, payment of Phase II Costs; SECOND, repayment of the Vista Reimbursable and JV Reimbursable (on a pari pasu basis in proportion to the respective amounts of such reimbursables); and LAST, for any other purpose approved by the City, including repayment of all or any portion of any Third Party Funded Shortfall. Any balance remaining in the Segregated Account at the end of the 20-year period may be used by the City for any purpose. Additional Capacity_ for Vista Development. If development of the Vista Property requires capacity in the Initial Phase Lift Station that exceeds the Vista Capacity, upon written notice from Vista the City will promptly either (i) make available to Vista a portion of the Remaining Capacity or (ii) make available the funds in the Segregated Account to design and construct the Phase II Improvements upon the condition that Vista will pay the amount, if any, by which the actual Phase II Costs exceed the funds in such account (the "Vi~a Funded Shortfall"). Additional Capacity_ for JV Development. If development of the JV Property requires capacity in the Initial Phase Lift Station that exceeds the JV Capacity, upon written notice from JV the City will promptly either (i) make available to JV a portion of the Remaining Capacity or (ii) make available the funds in the Segregated Account to design and construct the Phase II Improvements upon the condition that JV will pay the amount, if any, by which the actual Phase II Costs exceed the funds in such account (the "JV Funded Shortfall"). Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 5 18. Capacity_ for Development of the Remaining Property_. If development of the Remaining Property requires capacity in the Initial Phase Lift Station that exceeds the Remaining Capacity then available, the City x~411 promptly make available the funds in the Segregated Account to design and construct the Phase II Improvements and, unless the City elects to participate in the cost of such improvements (a "City. Contribution"), the owner of the property to be developed will pay the amount, if any, by which the actual Phase II Costs exceed the funds in such account (the "Third Party_ Funded Shortfall"). The City will not repay all or any part of a Third Party Funded Shortfall unless and until the Vista Reimbursable and JV Reimbursable have been repaid in full. 19. Acknowledgment of Benefit. Each of Vista and JV hereby acknowledges and agrees that the Vista Property and the JV Property, respectively, will benefit from the design and construction of the improvements described in this Agreement and that the amount of such benefit substantially exceeds the Pro-Rata Charge that will be imposed upon their respective properties. Each of Vista and JV hereby waives any requirement for an appraisal or other evidence of such benefit to their respective properties. 20, Future Owners Bound. Vista, JV, and the City intend that the benefits and burdens created by this Agreement shall be a right appurtenant to all property within the Benefited Area and that all current and future owners of such property shall be bound by the provisions hereof. Each of Vista and JV agree that a copy of this Agreement will be provided to any purchaser of all or any portion of the Vista Property or the JV Property, respectively. 21. Severability. If any provision of this Agreement is determined to unenforceable for any reason, the remainder of this Agreement shall be reformed, to the maximum extent possible, to reflect the overall intent of the parties. 22. Attorney's Fees. If any party hereto to shall file suit to enforce this Agreement, the prevailing party shall be entitled to recover all reasonable costs and expenses (including attorney's fees and court costs) incurred in connection therewith. 23, Authority_. Each party represents and warrants that it has the full authority to execute this Agreement and perform and be bound by all the terms and conditions hereof. Each party further represents and warrants that the individual executing this Agreement of its behalf has the full power and authority to do so. 24, Notices. Any notice required or contemplated by this Agreement shall be in writing and shall be deemed given (i) three business days after deposited in the United States Mail, postage prepaid, Certified or Registered delivery, retum receipt requested, (ii) when received by fax or other form of electronic transmittal, or (iii) when delivered by commercial delivery service with written evidence of receipt. Such notices shall be addressed as follows: Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 6 IF TO VISTA: Vista Partners Attn: F. Charles Emery II and Dennis Winzeler 5950 Berkshire Lane, Suite 400 Dallas, Texas 75225 Phone: 214/360-1526 Fax: 214/360-1507 IF TO JF: Coppell 200 Joint Venture Attn: Ron L. Fraze 101 W. Renner Road, Suite 170 Richardson, Texas 75082 Phone: 214/ - Fax: 214/ 26. IF TO CITY: The City of Coppell, Texas Attn: City Manager P.O. Box 478 Coppell, Texas 75019 Phone: 214/462-0222 Fax: 214/ Total Agreement. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof and superseded all prior oral or written understandings or agreements. This Agreement cannot be amended except by a written amendment signed by all the parties hereto. A~. The rights and obligations of the parties hereto may be assigned by the parties without the consent of the other parties provided such assignments are in writing, specifically set forth the rights and obligations being assigned, and bind the assignee to be bound by this Agreement. LIST OF EXHIBITS: Exhibit "A" - Delineation of Benefited Area, Vista Property, JV Property, and Remaining Property and location of Ultimate Lift Station and Ultimate Force Main. Exhibit "B "-Estimated Phase I Costs Ex i ' " " ~ -Estimated Phase II Costs Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 7 THE CITY OF COPPELL. TEXAS By: Title: Date: APPROVED AS TO FORM AND LEGALITY City Attorney Date: VISTA PARTNERS By: By: Vista Mortgage & Realty, Inc, Managing General Partner Title: Date: F. Charles Emery H Executive Vice President COPPELL 200 JOINT VENTURE By: Ron L Fraze Title: Managing Venturer Date: COPPELL 200 JOINT VENTURE By: Title: Venturer By: Title: Date: Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 8 ACKNOWLEDGMENT THE STATE OF TEXAS COUNTY OF DALLAS BEFORE ME, the undersigned authority, on this day personally appeared , of Coppell, Texas, a municipal corporation, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said municipal corporation. GIVEN under my hand and seal of office this __ day of March, 1995. Notary Public in and for the State of Texas My Commission Expires: Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 9 ACKNOWLEDGMENT THE STATE OF TEXAS COUNTY OF DALLAS BEFORE ME, the undersigned authority, on this day personally appeared F. Charles Emery II, Executive Vice President of Vista Mortgage & Realty, Inc., Managing General Partner of Vista Partners, a Nevada general partnership, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said partnership. GIVEN under my hand and seal of office this day of March, 1995. Notary Public in and for the State of Texas My Commission Expires: Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 10 ACKNOWLEDGMENT THE STATE OF TEXAS COUNTY OF DALLAS BEFORE ME, the undersigned authority, on this day personally appeared Ron L Fraze, Managing Venturer of Coppell 200 Joint Venture, a Texas joint venture, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said joint venture. GIVEN under my hand and seal of office this __ day of March, 1995. Notary Public in and for the State of Texas My Commission Expires: Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 11 ACKNOWLEDGMENT THE STATE OF TEXAS COUNTY OF DALLAS BEFORE ME, the undersigned authority, on this day personally appeared , of ., a venturer of Coppell 200 Joint Venture, a Texas joint venture, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said joint venture. GIVEN under my hand and seal of office this day of March, 1995. Notary Public in and for the State of Texas My Commission Expires: Sanitary Sewer Pro Rata Reimbursement Agreement 07095.0207:5627 3/23/95 5:54 PM PAGE - 12 LEGEND VISTA RIDGE AREA LIFT STATION SERVICE AREA EXHIBIT A CITY oP COPP·LL, DALLAS · DENTON .~ .:: ;-.~:'.1.::'..I "~' t': ' Exhibit "B" 13540~D / I1 PRELIMINARY CONSTRUCTION COSTS p R O J E C T N A M E: VISTA RIDG~ A C R E A G E: 0.00 NO. IX)TS: 0 P N A S E: MASTER UTILITIES C R E A T E D: 02-Mar-95 BY: RXF C I T Y: COPPELL R E V I S E D: C}{ECKED: TC~ F I L E N A M E: SANSWRA P R I N T E D: 17-Mar-95 REVISED: APPROXIMATE UNIT TOTAL UNIT QUANTITY PRICE AMOUNT DESCRIPTION SANITARY SEWER LIFT S TAT I ON - PHASE 1 I $150,000.00 $150,000.00 1.0 ~ LIFT STATION (700 GP~4) LS LS I $12,000.00 $12,000.00 SITE WORK ........................................... 12" D. I. FORCE MAIN LF 2,400 $32.00 $76,800.00 LF 500 $60.00 $30,000.00 BRIDGE CGi~CT IC~I ................................................... ................ 120 $110.00 $13,200.00 MACARTRUR BLVD BORE (12") LF ................. I $5,000.00 $S,000.00 C~NNECT TO EXISTING LIFT STATION LS .......................................................... ......................... 2400 $0.25 $600.00 ......................................................................... $1,200.00 LP 2400 $0.50 "~T~F''='~'~'"~'; L S A N I T A R Y S E" E R S Y S T E M $288.800-00 20% $57,760.00 ENGINEERING AND CONTINGENCIES TOTAL CONSTRUCTION COST $346,560.00 { i \ PROo~CrS \LA.~20~13 S40 ]-D BURGESS, INC. Exhibit "C" 135401D / 11 PRELIMINARY CONSTRUCTION COSTS P R O J E C T N A M E: VISTA RIDGE A C R E A G E: 0.00 NO. LOTS: 0 P H A S E: MAb-r~ UTILITIES C R E A T E D: 02-Mar-95 BY: RKF C I T Y: COPPELL R E V I S E D: C~E(](ED: TCE F I L E N A M E: SANS~RA2 P R I N T E D: 17-Mar-95 REVISED: APPROXIMATE UNIT TOTAL DESCRIPTION UNIT QUANTITY PRICE AMOUNT SANITARY SEWER LIFT STATION-PHASE 2 ................................................................................................ $70,000.00 REPLJ~ PU~ (2100 GPM) EA 2 $35,000.00 REVISE ELEC~TtICAL CONTROLS LS I $7,500.00 $7,500.00 STRUCTURAL MODIFICATIONS LS I $5,000.00 $5,000.00 '''~' ........................................................................................................... $82, S00. O0 SUB TOTAL SANITARY SEWER SYSTEM ENGINEERING AND CONTINGENCIES 20% $16,500.00 TOTAL CONSTRUCTION COST $99,000.00 C~RTER & BURGESS, INC. I \PROJECTS\LANDDEV\135401D