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File #: 2023-0088    Version: 1 Name: Credit Agreement for Roadway Impact Fees
Type: Agenda Item Status: Approved
File created: 1/12/2023 In control: Planning and Zoning Commission
On agenda: 1/24/2023 Final action: 1/24/2023
Title: Approving a Credit Agreement for Roadway Impact Fees with HEB in the amount of $1,933,438.00 for the construction of an extension of Colorado Sand Drive south of E. Pflugerville Pkwy, construction of a traffic signal at E. Pflugerville Pkwy and Colorado Sand Drive, and construction of an extension of Utah Sands Drive, all located generally southeast of E. Pflugerville Pkwy and SH 130; and authorizing the City Manager to execute the same.
Attachments: 1. General Location Map, 2. Staff Memo, 3. Credit Agreement
Title
Approving a Credit Agreement for Roadway Impact Fees with HEB in the amount of $1,933,438.00 for the construction of an extension of Colorado Sand Drive south of E. Pflugerville Pkwy, construction of a traffic signal at E. Pflugerville Pkwy and Colorado Sand Drive, and construction of an extension of Utah Sands Drive, all located generally southeast of E. Pflugerville Pkwy and SH 130; and authorizing the City Manager to execute the same.

Summary
The proposed credit agreement is for property located generally southeast of SH 130 and E. Pflugerville Pkwy. The property is proposed to be developed by HEB with a grocery store (supermarket and free-standing discount store), gasoline service station, and a fast-food restaurant with a drive thru. The proposed credit agreement requests a portion of the roadway impact fees normally paid at time of building permit to be applied toward constructed roadway infrastructure improvements which will increase capacity and connectivity in the area. As part of the subdivision, Colorado Sand Drive (major collector with an 80-ft right of way width) is proposed to extend south of E. Pflugerville Pkwy for approximately 1,062 feet. As part of the City Transportation Master Plan (TMP), the extension of Colorado Sand Drive is planned to be extended from E. Pflugerville Pkwy to Weiss Lane. Utah Sands Drive is a new minor collector within the development with a 60-ft right of way width. Utah Sands Drive is proposed to be extended approximately 836 feet to provide a road connection between the SH 130 frontage road and Colorado Sand Drive. Both roads will be public, provide connectivity to future developments, and increase capacity in the roadway network in the area. A traffic signal is also proposed to be constructed by the developer at the intersection of Colorado Sand Drive and E. Pflugerville Pkwy. The signal will aid with safety and provide additional traffic-handling capacity of the intersection.

The City adopted the roadway imp...

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