Agenda Item Wording:
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Developer Reimbursement Agreement - Authorize the City Manager to execute the reimbursement agreement for road improvements completed with River Run Ranch, Phases 6 & 7 subdivision, located on the north side of East St. Johns Parkway between McAuliff Street and River Run Street.
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Prepared by:
Luqman Ragabi, Associate Engineer (559)713-4362, Luqman.ragabi@visalia.city
Adrian Rubalcaba, Sr. Project Manager (559) 713-4507, adrian.rubalcaba @visalia.city
Jason Huckleberry, Engineering & Building Department Director (559)713-4495, jason.huckleberry@visalia.city
Department Recommendation: Staff recommends authorizing the City Manager to execute the reimbursement agreement for right of way and improvements constructed along St Johns Parkway, associated with the River Run Ranch, Phase 6 & 7 subdivision.
Summary:
The City Council authorized the recording of the final map for the River Run Ranch Phases 6 & 7 subdivision on March 17, 2025, creating 92 residential lots. As part of the executed Subdivision Improvement Agreement, the developer was required to construct offsite improvements along St. Johns Parkway, a designated collector roadway.
St. Johns Parkway is included in the City's Circulation Element and Transportation Impact Fee (TIF) Program and certain portions of the improvements, such as additional pavement width, right-of-way dedication, and miscellaneous work exceeding the developer's base responsibilities, are eligible for reimbursement.
The total reimbursement amount is $285,220.83, which will be issued in the form of Transportation Impact Fee credits applied at the time of building permit issuance for homes within the subdivision. The credits will be distributed incrementally until the full amount has been expended.
Background Discussion:
As a condition of approval for the River Run Ranch Phases 6 & 7 subdivision, the developer entered into a Subdivision Improvement Agreement requiring construction of offsite improv...
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