1997-11-19 2 Exhibit C
Reinvestment Zone #1, Southlake
Proposed Capital Improvement Program
Type of Allowable Project Costs Phase One Phase Two Phase Three' Phase Four
Public Buildings and Facilities
Joint City /County /CISD Facility $ 7,895,160.00
School Facilities $ 54,500,000.00
Parking Facilities $ 5,000,000.00
Public Parks $ 1,134,154.00 $ 1,572,465.00
Land Acquisition
Special Structures
Landscaping
Trails
General Infrastructure
Water Utilities $ 548,380.00 $ 881,682.00
Sewer Utilities $ 216,148.00 $ 350,234.00
Storm Water $ 399,669.00 $ 1,010,522.00
Streets and Curbs $ 1,329,972.00 $ 1,925,905.00 $ 2,500,000.00 $ 7,125,000.00
Traffic Control $ 1,000,000.00
Sidewalks /Streetscape $ 3.484,739.00 $ 4,907,623.00
Demolition & Excavation
Earthwork/Grading $ 302,540.00 $ 488,585.00
Engineering /Contingency
Total Development Infrastructure $ 7.281,448.00 $ 9,564,551.00
40% of Developer Infrastructure $ 2,912,579.20 $ 3,825,820.40
Operational and Maintenance
Capital Maintenance $ 1,000,000.00
Other Incremental Costs
Professional Services $ 200,000.00
TOTAL COSTS $ 12.141,893.20 $ 6,398,285.40 $ 7,500,000.00 $61,625,000.00 $87,665,178.60
1 These street costs include road improvements to Carroll Ave. and Kimball Ave. They are
either on the periphery of or exterior to the Rialto Development and thus the costs are
covered 100% by TIRZ revenues.
2 Detail for these projects is included in Exhibit C -3
11/19/97
Exhibit C -3
Reinvestment Zone #1, Southlake
Proposed Capital Improvement Program
Phase Four
Streets and Curbs
South Carroll (1709 to Continental) $ 2,125,000.00
Brumlow (Continental to State Highway 26) $ 1,875,000.00
South Kimball (FM 1709 to State Highway 26) $ 3,125,000.00
Subtotal Streets $ 7,125,000.00
Public Buildings and Facilities
Middle School $ 20,000,000.00
Intermediate School $ 13,000,000.00
Transportation Facility $ 1,500,000.00
Stadium $ 20,000,000.00
Subtotal Buildings and Facilities $ 54,500,000.00
TOTAL $ 61,625,000.00
11/19/97
Exhibit C
Reinvestment Zone #1, Southlake
Proposed Capital Improvement Program
Type of Allowable Project Costs Phase One Phase Two Phase Three' Phase Four
Public Buildings and Facilities
Joint City /County /CISD Facility $ 7,895,160 .00
School Facilities $ 54,500,000.00
Parking Facilities $ 5,000,000.00
Public Parks $ 1,134,154.00 $ 1,572,465.00
Land Acquisition
Special Structures
Landscaping
Trails
General Infrastructure
Water Utilities $ 548,380.00 $ 881,682.00
Sewer Utilities $ 216,148.00 $ 350,234.00
Storm Water $ 399,669.00 $ 1,010,522.00
Streets and Curbs $ 1,329,972.00 $ 1,925,905.00 $ 2,500,000.00 $ 7,125,000.00
Traffic Control $ 1,000,000.00
Sidewalks /Streetscape $ 3,484,739.00 $ 4,907,623.00
Demolition & Excavation
Earthwork/Grading $ 302,540.00 $ 488,585.00
Engineering /Contingency
Total Development Infrastructure $ 7,281,448.00 $ 9,564,551.00
40% of Developer Infrastructure $ 2,912,579.20 $ 3,825,820.40
Operational and Maintenance
Capital Maintenance $ 1,000,000.00
Other Incremental Costs
Professional Services $ 200,000.00
TOTAL COSTS $ 12,141,893.20 $ 6,398,285.40 $ 7,500,000.00 $ 61,625,000.00 $ 87,665,178.60
1 These street costs include road improvements to Carroll Ave. and Kimball Ave. They are
either on the periphery of or exterior to the Rialto Development and thus the costs are
covered 100% by TIRZ revenues.
2 Detail for these projects is included in Exhibit C -3
11/19/97
Exhibit C -3
Reinvestment Zone #1, Southlake
Proposed Capital Improvement Program
Phase Four
Streets and Curbs
South Carroll (1709 to Continental) $ 2,125,000.00
Brumlow (Continental to State Highway 26) $ 1,875,000.00
South Kimball (FM 1709 to State Highway 26) $ 3,125,000.00
Subtotal Streets $ 7,125,000.00
Public Buildings and Facilities
Middle School $ 20,000,000.00
Intermediate School $ 13,000,000.00
Transportation Facility $ 1,500,000.00
Stadium $ 20,000,000.00
Subtotal Buildings and Facilities $ 54,500,000.00
TOTAL $ 61,625,000.00
11/19/97
TAX INCREMENT
REINVESTMENT ZONE NUMBER ONE
REVISED SCHEDULE OF EVENTS
Date Day Event
10 November Monday CISD School Board Mtg
Consider resolution to appoint
Reinvestment Zone Representative
12- November Wednesday Reinvestment Zone Board Meeting
17 November Monday School Board Meeting
Consider Participation Agreement
18- November Tuesday City Council Meeting
1st Reading of the Ordinance amending the
Reinvestment Zone Ordinance to expand the
boundaries of the Zone and add more CISD
representatives to the Reinvestment Zone Board
19- November Wednesday Reinvestment Zone Board Mtg.
Discuss the final project and finance plan
20- November Thursday Tarrant County Hospital District Board Mtg
Consider participation agreement and resolution
to appoint Reinvestment Zone Representative
TCJC Board of Trustees Meeting
Consider participation agreement
21- November Friday Reinvestment Zone Board Meeting
Adoption of Final Project and Finance Plan
2- December Tuesday City Council Meeting
First Reading of Ordinance Adopting Final
Project and Finance Plan
2nd Reading of Ordinance amending the
Reinvestment Zone Ordinance to expand the
boundaries of the Zone and add more CISD
representatives to the Reinvestment Zone Board
Resolution appointing the additional CISD
representatives to the Reinvestment Zone Board
16- December Tuesday City Council Meeting
2nd Reading approving the Final Project and
Finance Plan