Previously a Roadway Capital Recovery Agreement was approved for the Schertz Station development.  The agreement provided for a Roadway Impact Fee credit for the extension of Ripps Kreusler through the development.  Ripps Kreusler is a collector roadway identified in the City’s Master Thoroughfare Plan (MTP).

While the Ripps Kreusler extension provided for a significant credit for the Development’s Roadway Impact Fees, the developer was still required to pay a portion of the fees ($40,000).

When the Capital Recovery Agreement was done during the development process, one item of public infrastructure was inadvertently overlooked.  The item overlooked was the multi-use path along Cibolo Valley Drive.  Cibolo Valley Drive is identified as a secondary arterial by the MTP.  The pathway is part of the roadway section in the MTP, so construction of the pathway would also be eligible for a Roadway Impact Fee credit.

The developer is constructing the pathway along the development’s Cibolo Valley Drive frontage.  Determining the exact amount of the Roadway Impact Fee credit is challenging because the MTP does not provide guidance on how to perform such a calculation, unlike providing for calculations for adding lanes to a roadway or building a roadway extension.  Staff negotiated with the developer an equitable credit amount for the multi-use pathway construction.  The credit amount to be reimbursed will be half of the cost of the multi-use pathway, up to a maximum amount of $100,000.  To reimburse the developer for constructing the multi-use path, a new, revised Roadway Capital Recovery Agreement needs to be executed.

Staff prepared a new agreement modeled after the previously approved agreement.  All the “front end” language of the agreement remains the same.  Changes were made to the exhibits to the agreement to add in the multi-use pathway construction and identify the amount to be reimbursed to the developer for the pathway construction.

The goal of Resolution 26-R-069 is Council Authorizing the City Manager to sign and execute a revised Capital Recovery Agreement with the Schertz Station development to give them credit in the form of a partial reimbursement for construction of the multi-use path along their Cibolo Valley Drive frontage.

The construction of the multi-use path along the east side of Cibolo Valley Drive provides for pedestrian and bicycle traffic from the development’s southernmost point to Ripps Kreusler.  This provides a safe pathway for area residents to walk and bike, separate from vehicular traffic.

Staff recommends Council authorize a revised Capital Recovery Agreement with the Schertz Station development to include roadway impact fee credit for construction of the multi-use path along Cibolo Valley Drive.

The maximum cost of the Roadway Impact Fee credit for the multi-use pathway is $100,000.  The actual cost will be half of the construction costs (estimated to be between $80,000 and $100,000) of the multi-use pathway. Funding is available from the Roadway Impact Fee Account for Service Area 1.

Approve Resolution 26-R-069.