File #: 15-0253    Version: 1 Name:
Type: Contract/Agreement Status: Passed
File created: 2/26/2015 In control: Board of Mayor & Aldermen
On agenda: 3/10/2015 Final action: 3/10/2015
Title: Consideration of Road Impact Fee Offset Agreement (COF Contract 2014-0344) with Harpeth Associates LLC.
Attachments: 1. COF 2014-0344 Road Impact Harpeth Square Agreement .pdf

DATE: February 26, 2015

TO: Board of Mayor and Aldermen

FROM: Eric Stuckey, City Administrator
David Parker, City Engineer
Paul Holzen, Director of Engineering

SUBJECT: .title
Consideration of Road Impact Fee Offset Agreement (COF Contract 2014-0344) with Harpeth Associates LLC.
body
Purpose
The purpose of this memorandum is to provide information to the Board of Mayor and Aldermen for consideration of a Road Impact Fee Offset Agreement (COF Contract 2014-0344) with Harpeth Associates LLC.

Information & Discussion
As part of the Harpeth Square Development the Developer has been required to construct certain off-site arterial roadway improvements. The improvements that qualify for a road impact fee offset agreement generally include the following:

Roadway Improvements to 1st Ave. North and Bridge Street
This project generally includes roadway improvements to 1st Ave. N and Bridge Street from East Main Street to 2nd Avenue. The recommend offset will include capacity improvements only. These improvements generally include design, street lights, street light conduit and wire, curb and gutter, drainage structures, drainage pipe, fiber optic interconnect and limited construction management. The following items are not included: demo, brick sidewalks, cross walks, street signs, limestone street markers, trash receptacle, bike bollards, grading, asphalt, pavement markings, concrete drive apron, landscaping and irrigation.

Roadway Improvements to Franklin Road and East Main Street
This project generally includes the modification of pavement markings on Franklin Road and E. Main Street to create a dedicated right turn lane for south bound traffic on E. Main Street. In addition, the project includes design and signal modifications to the intersection of E. Main Street and 1st Avenue.

Intersection Improvements and Signalization of Bridge Street and 2nd Avenue
This project generally includes the installation of a new traffic...

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