Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 22-R27, A Resolution to Consider and Approve Becker Road Construction Agreements.
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Submitted By: Russ Blackburn, City Manager
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Executive Summary (General Business): Consider and approve Becker Road Construction Agreements for the construction of two-lane segments of Becker Road by various developers pursuant to the Southwest Area Annexation Agreement.
Presentation Information: Questions will be answered upon request.
Staff Recommendation: Move that the Council approve the Becker Road Construction Agreements.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the Becker Road Construction Agreements.
2. Move that the Council not approve the Becker Road Construction Agreements.
Background: The City, ACR Acquisition, LLC ("ACR"), Mattamy Palm Beach, LLC ("Mattamy"), and Riverland/Kennedy II, LLC ("GL Homes") are parties to that certain Annexation Agreement dated July 19, 2004, as amended by: that certain First Amendment to Annexation Agreement dated May 16, 2005, Second Amendment to Annexation Agreement dated July 11, 2005, Third Amendment to Annexation Agreement dated November 16, 2009, Fourth Amendment to Annexation Agreement dated November 16, 2009, Fifth Amendment to Annexation Agreement dated December 28, 2009, and Sixth Amendment to Annexation Agreement dated April 2, 2010 (collectively, the "Annexation Agreement"). Pursuant to Sections 5(e)(iii) and 5(e)(iv) of the Annexation Agreement, different developers were required to pay to the City the estimated cost of construction of certain two-lane roadway segments of Becker Road or, at the City's election, contract for the construction and design of such roadway.
Specifically, the Annexation Agreement states, "the design, construction and administrative costs associated with the construction of [Bec...
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