AgdaPkt 2002-02-25 - Laserfiche WebLink

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IO.A.4 the Middlefield roadside of the properbj2. The owners have agreed to underground the lines on the Willow Street side. i Additional Improvements This section describes the consideration the City will receive for entering Into the DA. As already noted, the owner is required to make improvements to the centerline of Willow as part of their standard improvements. When we began negotiations over the DA, staffs original notion Was for the owner to make the improvements to the remainder of the roadway when they did the other work on Willow Street. The owner resisted this idea and instead proposed an in-lieu fee. Staff agreed to the in-lieu fee for two reasons: 1. There are no curbs, gutters or sidewalks on the street. There would need to be some significant grade changes to ensure that installation of new sidewalk did not create drainage difficulties with the other properties on the street. This owner would have to get agreements from adjacent owners to accomplish the work. 2. The City is evaluating its policy towards unimproved streets. Whatever the final form of the policy, receipt of an in-lieu fee will allow the City Council maximum flexibility. For the term of the DA the in-lieu fees would have to be used on Willow. After five years the funds could be used anywhere in Redwood City. Our Engineer's estimate for these additional improvements is $124,931, including contingencies and inspection costs. The detailed breakdown of this cost is attached to this report. Alternatives If Council approves this Ordinance, the owners will have five years to complete their project. If the Council does not approve the Ordinance, the owners Architectural Permit expires on February 27, 2002. Their standing as a 'pipeline project' would terminate as of this date, and any subsequent proposals to develop this site would have to conform to the current zoning. Fiscal Impact If the development proceeds, passage of the Ordinance will result in the City receiving $58,134 in-lieu of undergrounding costs; and $124,931 in-lieu of improvements to Willow Street. These funds will be paid by the owner at building permit issuance. If they never proceed to site work, the fees will be refunded. Once site work begins, the in-lieu fees will be non-refundable. The owner must have construction 'substantially commenced' within two years and 'substantially completed' by the third anniversary3. 2 This fee, estimated by City Engineering staff, is derived from the frontage dimension on Middlefield Road multiplied by an estimated cost of $600 per linear foot of undergrounding (96.89 x $600). The cost of $600 per linear foot is based on Engineering's recent experience with undergrounding projects. 3 These are defined terms in the DA.