Item 6C - MemoItem 6C
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M E M O R A N D U M
(April 4, 2023)
To: Shana Yelverton, City Manager
From: Rob Cohen, Director of Public Works
Subject: Approve a Commercial Developer Agreement (CDA) with
Carillon Crown, LLC for the N. White Chapel Boulevard
Improvements in an amount equal to the lesser of 100% of
actual construction costs or $1,860,000.
Action
Requested: Approve a Commercial Developer Agreement (CDA) with Carillon
Crown, LLC for the N. White Chapel Boulevard Improvements in an
amount equal to the lesser of 100% of actual construction costs or
$1,860,000.
Background
Information: The proposed Carillon Parc development’s site requires N. White
Chapel Boulevard to be widened along the property frontage to
accommodate the projected traffic volume. N. White Chapel
Boulevard is identified as a 4D Arterial (4-lane divided) and is
currently constructed as a 2-lane roadway. The Developer has
agreed to construct the full 4-lane pavement street section from
SH114 up to Kirkwood Boulevard including pavement, curb, storm
drain inlets, and striping.
The purpose of this item is to seek City Council approval of a CDA
with Carillon Crown, LLC. The developer for the N. White Chapel
Boulevard Improvements is requesting construction reimbursements
in an amount equal to the lesser of 100% of actual construction costs
or $1,860,000 as defined in the economic development agreement
executed between the City of Southlake, the Southlake Parks
Development Corporation and Carillon Crown, LLC The requested
reimbursements are for the public improvements associated with the
widening of N. White Chapel Boulevard. Funding for this agreement
is available as part of the approved Capital Improvement Program.
Financial
Considerations: Funding for the CDA for the White Chapel Boulevard Improvements
is budgeted as part of the approved Capital Improvement Program.
Item 6C
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Strategic Link: This item links to the City’s Strategy Map strategic focus areas of
Quality Development and Partnerships & Volunteerism. It specifically
relates to the City’s Corporate Objectives, C4: Attract & Keep Top-
Tier Businesses to Drive a Dynamic & Sustainable Economic
Environment, and B2: Collaborate With Select Partners to Implement
Service Solutions. The Critical Business Outcomes are, CBO3:
Engage in Thoughtful Planning to Ensure Continued High Quality
Development That is Integrated Well Into The Current Built
Environment, and CBO5: Improve Quality Of Life Through
Progressive Implementation Of Southlake’s Comprehensive Plan
Recommendations.
Citizen Input/
Board Review: None.
Legal
Review: The proposed agreement is a standard agreement that the City
Attorney has reviewed and approved.
Alternatives: The City Council may approve or deny the agreement.
Staff
Recommendation: Approve a Commercial Developer Agreement (CDA) with Carillon
Crown, LLC for the N. White Chapel Boulevard Improvements in an
amount equal to the lesser of 100% of actual construction costs or
$1,860,000.
Supporting
Documents: Attachment A: Commercial Developer Agreement
Attachment B: Location Map
Staff
Contact: Rob Cohen, Director of Public Works
Sandy Endy, P.E., CFM, Development Engineer
Kevin Ferrer, P.E., CFM, City Engineer