Loading...
HomeMy WebLinkAbout090506 Nimmo ParkwayNimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) INTRODUCTION BACKGROUND • CHRONOLOGY • STATUS/ISSUES • OPTIONS • SUMMARY • DISCUSSION • NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) BACKGROUND LagoMarAssociates, Inc. (LMA) is the developer of LagoMar– ? Phase VII, located north of NimmoParkway Right-of-Way. In a letter dated September 11, 1997, the City stated that LMA ? was to provide adequate access by constructing two lanes of NimmoParkway from TownfieldLane to the “most easterly point”of LagoMar–Ph. VII. LMA contested this letter, ultimately leading to the CPA negotiations. NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) BACKGROUND (cont.) To provide for a more logical terminus, the City agreed to cost ? participate to have NimmoParkway extended from Townfield Lane to Upton Drive and to construct a “Hybrid”2-lane roadway. LMA responsible for design and construction of a “Hybrid” ? section of NimmoParkway, east of Upton Drive to Albuquerque Drive. City responsible for permitting and acquisition. Cost Sharing: LMA responsible for design and construction ? cost of a “Rural”section, from TownfieldLane to Albuquerque Drive. City responsible for balance of difference. City responsible for entire cost from TownfieldLane to Upton Drive. NimmoParkwayCost Participation Agreement/LagoMarDevelopment (CIP 2-151) HYBRID CROSS SECTION RURAL ROAD CROSS SECTION NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) CHRONOLOGY April 2001 –May 2004 (CPA NEGOTIATIONS) Cost responsibilities ? Project Scope ? Ultimate Resolution at Executive Level ? CPA Approved by Council on June 1, 2004. ? April 2004 –August 2005 (DESIGN) Citizen’s Information Meeting –September 2, ? 2004 Additional Storm Water Design work needed ? NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) CHRONOLOGY (cont.) August 2005 –May 2006 (PERMITTING) Permitting required from 3 Regulatory Agencies ? Public Notice Period ? August 15, 2006 Received construction bids from LMA. ? NimmoParkway Cost Participation Agreement (CPA)/ LagoMar Development STATUS/ISSUES(CIP 2-151) Design is complete. ? Acquisition is complete. ? All Environmental Permits have been secured. ? Low bid received in the amount of $4.4M. ? Information received by City on August 15, 2006. Low bid is approximately $1.6M higher than LMA’s 2003 estimate. LMA guarantees bid price through October 15, 2006. NimmoParkway Cost Participation Agreement (CPA)/ LagoMar Development STATUS/ISSUES (cont.) (CIP 2-151) LMA defines City’s share to be +/-$3.5M. City ? determined its share to be +/-$2.9M. Discrepancy of $600K exists over cost responsibilities. Negotiations required. Available City project funding is approximately $1.0M. ? Construction completion anticipated May 2007, if ? begun by October 15, 2006. Roadway purpose is to alleviate neighborhood cut- ? through traffic and to provide alternate access for Lagomar–Ph. VII. NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) OPTION 1 Continue with CPA as planned. Negotiate construction costs withLMA to achievea more reasonable City cost share.(Requires Council approval for appropriation of additional funds). City Cost (Construction)$2.9 -$3.5M (Depending on outcome of ? negotiations). (Costs based on LMA’scurrent 2006 bid prices). ($1.0M available). Advantages 1.NimmoParkway from Albuquerque Drive to Upton Drive constructed. (Hybrid Section). 2.Satisfies alternate access issue. 3.Relieves neighborhood cut-through traffic. 4.Satisfies residents’traffic/transportation concerns. Disadvantages 1.Requires appropriation of $1.9M -$2.5M. 2.Defers current roadway CIP project(s) to obtain additional funding. (Princess Anne Road –Phase IV, CIP 2-305; and West Neck Road, CIP 2-502, have been identified) 3.Funding may not be restored to the above project(s). 4.Short time frame for negotiations with LMA. NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) OPTION 2 Do not proceed with CPA. City constructs a 2-lane rural roadway from Upton Drive to TownfieldLane as a CIP project, at a Total Project Cost of +/-$2.4M when and if funding becomes available. City requires construction of 2-lane Rural roadway from Albuquerque Drive to TownfieldLane by LMA. Advantages 1.City would not have to sacrifice a current CIP project for funding. 2.Partially relieves neighborhood cut-through traffic. Disadvantages 1.Pushes cut-through traffic to TownfieldLane until NimmoParkway is completed to Upton Drive. 2.Does not satisfy residents’traffic/transportation concerns. 3.Eliminates multi-use trail. 4.LMA will challenge requirement to construct road. Enforcement difficult. NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) OPTION 3 Delete certain design features(i.e. curb/gutter, multi-use trail) and reduce design section, to reduceconstruction cost. (Requires Council approval for appropriation of additional funds of $0.5 -$1.1M). Total Cost(Construction)$3.5M ? City Cost (Construction)$1.5 –2.1M (Depending on outcome of negotiations). ? (Costs based on LMA’scurrent 2006 bid prices) Advantages 1. Lowers construction cost as well as City share. 2. NimmoParkway, from Upton Drive to Albuquerque Drive constructed, most as rural section. 3. Relieves neighborhood cut-through traffic; satisfies residents’traffic/transportation concerns. Disadvantages 1. Delays current CIP project(s) to obtain additional funding. 2. Eliminates multi-use trail. 3. Re-design required. Potential cost reductions may be offset by construction market increases. 4. LMA may not be willing to pursue this option, as they may incur additional costs and delays. NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) OPTION 4 Delete multi-use trailand reduce shoulder width, to reduce construction cost by +/-$200,000. (Requires Council approval for appropriation of additional funds). Total Cost(Construction)$4.2M ? City Cost (Construction)$2.7 -$3.3M (Depending on outcome of ? negotiations). (Costs based on LMA’scurrent 2006 bid prices) Advantages 1. Lowers construction cost as well as City share. 2. NimmoParkway constructed, from Upton Drive to Albuquerque Drive. 3. Relieves neighborhood cut-through traffic. 4. Satisfies residents’traffic/transportation concerns. Disadvantages 1. Delays current CIP project(s) to obtain additional funding of $1.7 -$2.3M. 2. Eliminates multi-use trail. NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151) SUMMARY Construction bid cost is $1.8M higher than original (2003) estimate. ? Current available project funding is approximately $1.0M; requires ? additional appropriation of funding to complete CPA Project. Option 1-Continue with CPA Project as planned, obtain additional funding ? from other CIP Roadway Project(s). Total City Cost: $2.9 -$3.5M. Option 2-Do not proceed with CPA Project. Program City portion of ? Nimmoas “Rural”roadway, when funding becomes available. LMA to construct improvements from Albuquerque Drive to TownfieldLane. Total City Cost: $2.4M (Total Project). Option 3–Continue with CPA Project however, delete certain design ? features, culminating in a minimal “Rural”section. Total City Cost: $1.5 - $2.1M. Option 4–Continue with CPA Project however, delete multi-use trail and ? reduce shoulder width. Total City Cost: $2.7 -$3.3M. DISCUSSION NimmoParkway Cost Participation Agreement (CPA)/ LagoMarDevelopment (CIP 2-151)