HomeMy WebLinkAboutCity Council Resolutions (R-98-1340)-01/06/1998
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RESOLUTION R-98-1340
A RESOLUTION APPROVING COUNCIL ACTION
UNDER BUSINESS AT THE REGULAR
COUNCIL MEETING OF
JANUARY 6, 1998
I WHEREAS, Council has taken action on certain items on the agenda under Business.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1.
THAT the agenda decisions approved by Council action under Business this
date and not otherwise adopted by Ordinance and/or separate Resolution,
as follows are hereby adopted:
a. THAT the City/Developer Agreement with Realty Capital Corporation
for the development of Lots 1 and 2, Block 1, Guest Addition, is
,
hereby approved.
AND IT IS SO RESOLVED.
APPROVED THISt4 DAY oFJIUIlLLr y ,1998, BY A VOTE OF .5.... AYES, ...12.- ,
NAYS, AND 0 ABSTENTIONS.
J n Harris, T~~
C I Y Secretary
,9IX, OF COLLEYVILLE
, \i~ ~~ -"
Richard Newton
Mayor
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Proposed City I Developer Agreement
for the Public Works Improvements
Attendant to Lots 1 and 2. Block " Guest Addition
Realty Capital Corporation
A. Water Main Installation
1. The Developer will cause to be designed. and will extend. a 12-inch water
main across the entire frontage of the property along S.H, 2S, and an 8-
inch water main in the extension of Hall~Johnson Road.
2. The City will reimburse the developer an amount equal to the difference
between the cost of installation of a 12-inch main and an a-inch main for
the water line to be installed in S,H, 26, There will be no City participation
in the a-inch water main in the extension of Hall-Johnson Road,
B, Street Improvements and Access Issues
1, The Developer will dedicate to the City and other public entities the right-
of-way [seventy (70) feet for a distance of 250 'feet west of S,H. 26 and
sixty (SO) feet for the remainder to the point of intersection with Bogart
Drive] necessary to permit the construction of Hall-Johnson Road on a
_ _~ew alignmentas indicated inJl}e attachi3!l exhibit. ..
2, The Developer will construct a divided roadway, with two 25 foot lanes
and a seven foot median. A left turn lane will be constructed at the
roadway's intersection with CoUeyville Blvd. A median will be installed to
provide space and protection for this left turn lane, Sidewalks will be
required on both sides of the roadway. In addition, the Developer will
dedicate, adjacent to both rights-of-way, pedestrian, drainage. and utility
easements at least 10 feet in width.
3, That portion of the existing right-at-way of Bogart Drive (determined to be
excessive) will be abandoned and made available for use by the
Developer,
4. Access to and from S,H, 26 will be permitted where it is deemed safe
according to detailed site distance studies to be performed at the time of
site planning, If permitted by TxDOT. one driveway approach may be
constructed off ot Colleyville Blvd.
5. Other access points into and out of the subject property will be
determined during normal site plan review at the time of development.
DEC. ~ 0 9' 9 8 (WE 0 I 16: 26
Rec
TEL:8174884200
P. 003
6. The Developer will pay the total cost of continued maintenance of any
landscaping and irrigation installed in the medians of the Hall-Johnson
Road extension.
7. The City will pay for any costs relative to the reconflguration of the traffic
signal at Hall-Johnson Road and S.H. 26.
Definition of "Daylight Hours"
The City of Colleyville will submit to the Planning and Zoning Commission and the City
Council a recommendation that the Comprehensive Commercial Zoning Ordinace (0-
95-1013) be amended to allow operation during the hours 7:00 a.m. to 9:00 p.rn, , with
no deliveries outside those hours.
Requirement to Generate $100,000 Annually in Sales Tax Revenues
This agreement is predicated upon the Developer or his agents causing to be
developed general retail establishments generating at least $100,000 in City sales tax
revenues for the period January 1, 2000, through December 31. 2000, as documented
by copies of the forms submitted to the State. In the event such conditions are met. the
City of Colleyville shall reimburse the Developer one-third (33-1/3%) the cost of the
paving extension (not to exceed $75,000), including attendant drainage, of Hall-
____JohnsonBoad. InJhe e'lE!ntsuch cOl'\cjitiorl~are not met, reimbursement for the paving
extension (not to exceed $75,000) will be prorated according to ffieactual sales tax
collected for calendar year 2000.
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