Cost Share Agreement between Collin County and MELISSA 413 LLC regarding cost participation for CR 471/Melissa Road
Submitted For:
Clarence Daugherty
Submitted By:
Jason Horn
Department:
Engineering
Request Type:
Agenda Area:
Department Action
MELISSA 413 LLC (Developer) is developing Vibe at Melissa, a 407-lot manufactured housing rental community (MHRC) located at the intersection of CR 471 and CR 413. The proposed development will increase traffic on the existing county roadway network, which currently has limited connectivity to the north and west. To improve regional mobility and preserve future thoroughfare connectivity, the Developer and Collin County propose a cost-sharing agreement for the extension of CR 471 northward and Melissa Road westward toward FM 545. Under the agreement, the Developer will construct two lanes of the ultimate CR 471 thoroughfare within the development and coordinate construction of the roadway improvements identified in Exhibit A. Collin County will participate in the cost of extending CR 471 north of the development and constructing the northern two lanes (future westbound lanes) of Melissa Road westward to the City of Melissa limits. The County's roadway construction participation is limited to improvements within unincorporated Collin County. Improvements within the City of Melissa, extending to FM 545, are anticipated to be addressed through a separate cost-sharing agreement between the Developer and the City. Additional right-of-way is anticipated to be dedicated from Melissa Independent School District and the City of Melissa. Right-of-way acquisition may also be necessary from one additional property along Melissa Road. Collin County would facilitate the necessary acquisition, with associated costs allocated between the County and Developer on a pro-rata basis, as generally identified in Exhibit B. The Developer will be responsible for completing the improvements, subject to development approval, required permits, and right-of-way dedication and acquisition. The agreement provides for periodic construction updates and a final accounting upon completion, with reimbursement of the County's applicable share following review of the final costs and engineer's certification. Exhibit A identifies the proposed roadway improvements, and Exhibit B outlines the estimated construction costs and funding responsibilities. The Developer's estimated share is $2,787,148.09 (60.08%), and Collin County's estimated share is $1,851,597.83 (39.92%). These estimates include engineering costs and a 10% construction contingency. Actual costs may vary, and the County's final participation will be based on its allocated share of actual project costs. Funds for the County’s participation can be found in accounts associated with 2023 Bond Project #RI23011 which is associated with funds allocated for developer participation projects.
Action: We recommend Commissioners Court approve the attached Cost Share Agreement between Collin County and MELISSA 413 LLC regarding cost participation for CR 471/Melissa Road.
Purchasing Department Action
Request Commissioners Court consideration and any action regarding approval of a Cost Share Agreement 2027-128 Cost Share Agreement for cost participation for CR 471/Melissa Road with deposit between Collin County and MELISSA 413 LLC. regarding cost participation for CR 471/Melissa Road, further allow County Judge to execute the same. ED
HR / IT / Equipment Services Action
Budget Department Action
Budgeted funds available in the amount of $1,851,597.83 for Cost Share Agreement 2027-128, Cost Share Agreement for Cost Participation for CR 471/Melissa Road. 2023 Road Bond Project.
Auditor's Office Action
2023 Road Bond funds available.
Commissioners Court
Cost Share Agreement (Agreement No. 2027-128) between Collin County and Melissa 413, LLC regarding cost participation for County Road 471 and Melissa Road, Engineering.