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HomeMy WebLinkAbout033554 RES - 01/14/2025Resolution authorizing an amendment to the Pilot Program for Roller Compacted Concrete Roadway Improvements and Participation Agreement for Kings Landing Subdivision and authorizing an additional Participation Agreement with MPM Development, LP to reimburse the developer up to $415,460.61 for the City's share of the cost to construct Lady Alexa Drive with Roller Compacted Concrete for the King's Landing Unit 9 subdivision. (District 3) WHEREAS, the Developer is seeking to amend the Pilot Program for Roller Compacted Concrete Roadway Improvements and Participation Agreement for Kings Landing Subdivision Agreement; WHEREAS, the Developer is oversizing by constructing Lady Alexa Dr as C-3 collector street in lieu of a 28' residential street within Kings Landing Unit 9; and WHEREAS, the City has determined the agreement will carry out the purpose of the Unified Development Code. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS, THAT: SECTION 1. The City Manager or designee is authorized to execute an amendment to the Pilot Program for Roller Compacted Concrete Roadway Improvements and Participation Agreement for Kings Landing Subdivision Agreement with MPM Development, LP, to eliminate the maintenance bond and insurance requirements, to extend the time to repair, replace, or cure defects from 60 days to 120 days, and to change inspection schedule to bi-annually for first 3 years and annually after first 3 years. SECTION 2. The City Manager or designee is authorized to execute a developer participation agreement ("Agreement") with MPM Development, LP, ("Developer"), for the City's portion of the cost to construct the street infrastructure improvements including all related appurtenances for development of King's Landing Unit 9, Corpus Christi, Nueces County, Texas. PASSED Paulette Guajardo, Mayor Rebecca Huerta, City Secretary 35 5 4 SCANNED CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: 01/14/2025 Legistar Number: 24-2093 Agenda Item: Resolution authorizing a Participation Agreement ("Agreement") with MPM Development, LP ("Developer") for the City's share of the cost for the oversizing of the PCCP/RCCP street infrastructure improvements on Lady Alexa and Natasha not to exceed $415,460.61 for the development known as King's Landing Unit 9, located north of Lady Alexa Dr and west of London Pirate Road (District 3). Amount Required: (Amount to be Certified) $ 415,460.61 Funding Detail: Fund: 1041 (Streets) Department: 33 (Streets) Organization: 11112 (Purchases with Short Term Debt) Project: King's Landing Unit 9 Participation Agreement Account: 530000 (Professional Services) Amount: $415,460.61 Fiscal Year: 2025 ❑ Certification Not Required Director of Financial Services Date: 1