Item 9BITEM 9B
Authorize a
Commercial Developer Agreement
with
Southlake Watermark Holdings, L.P., for Watermere at Southlake, located between West Southlake Boulevard and Union Church Road, south of Jellico Estates
Watermere at Southlake
Reason(s) required for Council Consideration:
Dedication of Park Land
Request for Participation > $24,999
Watermere at Southlake
Residential Retirement Community
Standard Commercial Developer Agreement as previously approved by City Council
Watermere at Southlake
Proposed Public Infrastructure includes:
1,570 LF of Paving
6,500 LF of Water Line
2,000 LF of Sanitary Sewerline
2,500 LF of Storm Sewer
Watermere at Southlake
Developer requests Paving Participation:
Proposed Watermere Drive
(Owenwood Drive) - C2U
60’ R.O.W. – 37’ B-B
$ 62,954.45 - Difference between 37’ street and 31’ B-B street
Watermere at Southlake Park Issues
Park Dedication
3.736 Acres of Public Park land
Construct on Public Park land
.5 miles of 5’ wide natural surface walking trail
2 pavilions
Park Identification signage
5 benches
1 playground in Public Area
Watermere at Southlake Park Issues
Install on Private Parkland
5 Benches
Horseshoe Pit
Pavilion
Tennis Court
Fishing Pier
Construct 1.25 miles of walking trail
Watermere at Southlake Park Issues
Public Park Maintenance
Responsibility of Watermere HOA in perpetuity
Combined Park Amenities satisfy Park dedication fees of $356,400 with no credits
Watermere at Southlake
Site Location
Watermere at Southlake
Proposed Water and Sanitary Sewer Plan
1,570 LF PAVING
6,500 LF WATER LINE
2,000 LF SANITARY SEWER
Watermere at Southlake
Proposed Storm Sewer Plan
2,500 LF STORM SEWER
Questions?
Contact
Bob Price at (817) 748-8097