DATE: January 16, 2015
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
David Parker, City Engineer
Paul P. Holzen, Director of Engineering
SUBJECT:
Discussion Concerning the Harpeth Square Development Draft Road Impact Fee Agreement and Recovery Agreement.
Purpose
The purpose of this memorandum is to discuss the Harpeth Square Development Draft Road Impact Fee Agreement and Recovery Agreement.
Background
As part of the Harpeth Square Development, the Developer has been required to construct certain off-site sanitary sewer improvements, water main improvements and arterial roadway improvements. The improvements that would qualify for either a recovery agreement or road impact fee offset agreement generally include the following:
Water Main Upgrades along 2nd Ave North
This project generally includes the design and installation of a new 10" water main along 2nd Ave North from Main Street to Bridge Street.
Sanitary Sewer Upgrades
This project generally includes the relocation of a sanitary sewer main that currently goes under a building located at 144 Bridge Street. In addition, it will include design and right-of-way acquisition.
Roadway Improvements to 1st Avenue North and Bridge Street
This project generally includes roadway improvements to 1st Avenue North and Bridge Street from East Main Street to 2nd Avenue. The recommended 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: demolition, 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 gener...
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