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Serenity Ridge Subdivision Intersectino Agreement RescisionMasterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Serenity Ridge Subdivision - Intersection Agreement DATE: May 11, 2010 City Engineer Gus Psihoyos recommends City Council approval to rescind the Intersection Agreement between the City of Dubuque and developer John Herrig for the proposed intersection of Plaza Drive and Derby Grange Road. This frees up $454,540 of City funds for other projects. The City Council approved this agreement at the May 5, 2008 City Council meeting. However, the agreement has not been signed by John W. Herrig and Sally Jo Herrig due to several circumstances, including unfavorable economic conditions. Mr. Herrig indicated on May 6, 2010, that he could not continue with the proposed subdivision at this time. The possibility exists to negotiate another agreement in the future. I concur with the recommendation and respectfully request Mayor and City Council approval. MCVM:jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Gus Psihoyos, City Engineer Michael C. Van Milligen Dubuque hall All- AmedcaCity 1 1 1 i r 2007 Masterpiece on the Mississippi TO: Michael C. Van Milligen, City Manager FROM: Gus Psihoyos, City Engineer DATE: May 10, 2010 SUBJECT: Serenity Ridge Subdivision — Intersection Agreement INTRODUCTION This memorandum is to request City Council approval for the Mayor to rescind the Intersection Agreement (Agreement) between the City of Dubuque (City) and developer John Herrig (Developer) for the proposed intersection of Plaza Drive and Derby Grange Road. BACKGROUND Serenity Ridge Subdivision is a 112 -acre subdivision proposed in the northwest quadrant of the City of Dubuque. Approximately 65 of these acres were to be subdivided into residential and commercial lots and served by an extension of Plaza Drive that was proposed to intersect with Derby Grange Road west of the Derby Grange Recreation Center. This extension of Plaza Drive and its intersection with Derby Grange Road would have provided two access points for the subdivision and connected Derby Grange Road with the Northwest Arterial. For safety of the motoring public, the City agreed to partially finance, as funding was available and according to plans approved by City, the construction costs for improvements to the proposed intersection of Plaza Drive and Derby Grange Road. At a regular City Council session on May 5, 2008, the City Council authorized the Mayor to sign the Intersection Agreement. However, the agreement has not been signed by John W. Herrig and Sally Jo Herrig. DISCUSSION Dubuque All-AnwrIcaCIty 2007 Mr. Herrig has elected not to sign the agreement due to several circumstances including unfavorable economic conditions. In a conversation with Mr. Herrig on May 6, 2010, he indicated he could not continue with the proposed subdivision at this time. RECOMMENDATION I recommend that the City rescind the agreement between the City of Dubuque and John W. Herrig and Sally Jo Herrig for the proposed intersection of Plaza Drive and Derby Grange Road that was approved by City Council on May 5, 2008. BUDGET IMPACT The rescinding of this agreement makes $454,540 available for other City projects. ACTION TO BE TAKEN I recommend that the City Council rescind the Intersection Agreement between the City of Dubuque, Iowa, and John W. Herrig and Sally Jo Herrig and direct the Mayor to sign the appropriate resolution as prepared by legal counsel. Prepared by Ron Turner, PLS cc: Jenny Larson, Budget Director Laura Carstens, Planning Services Manager Kyle Kritz, Associate Planner David Harris, Economic Development Director Ron Turner, PLS Preparer: James A. O'Brien Address: Suite 330, Harbor View Place, 300 Main Street, Dubuque, IA 52001 Telephone: (563) 583 -8550 RESOLUTION NO. 156-10 RESCINDING THE APPROVAL OF THE AGREEMENT BETWEEN THE CITY OF DUBUQUE AND JOHN W. HERRIG AND SALLY JO HERRIG RELATING TO THE INTERSECTION PROJECT FOR SERENITY RIDGE SUBDIVISION AT PLAZA DRIVE AND DERBY GRANGE ROAD Whereas, the City Council at its meeting on May 5, 2008 approved an agreement between the City of Dubuque and John W. Herrig and Sally Jo Herrig relating to the construction of an intersection project at Plaza Drive and Derby Grange Road relating to the Serenity Ridge Subdivision proposed by John W. Herrig and Sally Jo Herrig; and Whereas, John W. Herrig and Sally Jo Herrig have failed to sign the agreement and have failed to submit subdivision improvement plans to complete their final plat submission for Serenity Ridge Subdivision; and Whereas, the City Council has previously budgeted funds for the cost of the intersection improvement; and Whereas, the City Council has determined that it is in the best interest of the City of Dubuque to revoke its approval of the above - mentioned agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section1. The approval by the City Council of the agreement between the City of Dubuque and John W. Herrig and Sally Jo Herrig on May 5, 2008 is hereby rescinded. Attest: Passed, approved and adopted thisl th day of May, 2010. eanne F. Schneider, City Clerk RoyJJ. Buol, Mayor F:\ USERS \tsteckle \O' Brien\ Resolutions\ RescindingSerenityRidgelntersectionAgreement _John &SallyHerrig_051010.doc EXP PRIOR TO FY 08 ESTIMATED FY 08 PROJECT BUDGET A. EXPENDITURE ITEMS Design & Engineering Land and R.O.W. Construction Other TOTAL B. PROJECT FINANCING Sales Tax Fund (30 %) TOTAL f i 'Z 2008 -09 2009 -10 $ 60,000 $ 400,000 $ 460,000 $ 460,000 $ 460,000 2010 -11 0S 2011 -12 2012 -13 BEYOND 2013 PROJECT DESCRIPTION This project provides for assistance in the construction costs for the realignment of Derby Grange Road at the new Plaza Drive intersection. This intersection is proposed for the Serenity Ridge Subdivision being planned by John Herrig. The existing profile of Derby Grange Road would be lowered to meet a design speed of 50 mph. The roadway would be widened to 41 feet and meet City standards for a minor arterial. The costs for this project would be shared between the City and Herrig development on a yet to be agreed percentage. JUSTIFICATION In order to safely provide access to the Serenity Ridge Subdivision off of Derby Grange Road, the profile of Derby Grange Road needs to be lowered to provide for adequate sight distance at the intersection. RELATIONSHIP TO OTHER PROJECTS This project has a direct impact on the developments of the John Herrig and Wendell Corey development being proposed between Derby Grange Road and the Asbury Plaza Site. This project implements the Comprehensive Plan's Infrastructure Element: Goal 4.1; and Transportation Element: Goals 1.1, 1.2 and 1.3. THE CITY OF DUB Masterpiece on the Mississippi DISCLAIMER: This Information was compiled using the Dubuque Area Geographic Information System (OASIS), which includes data created by both the City of Dubuque and Dubuque County. It Is understood that, while the City of Dubuque and participating agencies utilized the most current and accurate information available, DAGIS and It's suppliers do not warrant the accuracy or currency of the information or data contained herein. The City and participating agencies shall not be held liable for any direct, Indirect, incidental, consequential, punitive, or special damages, whether foreseeable or unforeseeable, arising out of the authorized or unauthorized use of this data or the inability to use this data or out of any breach of warranty whatsoever. Serenity Ridge, Phase 1 1,000 500 1 inch = 1,000 feet Herrig Agreement Vicinity Map, Dubuque, Iowa, 2010 1.000 Feet W E z product of a 6AGIS DUagpU[OsEA GfOGS Af NIC isloe Ms, Irtre SYSTEM Map Prepared by: TWK City of Dubuque Engineering Division 50 West 13th Street Dubuque, Iowa 52001 Phone: (563) 589 -4270 Fax: (563) 589 -4205 H:1Engineeringl,Maps for Staff \Ron Tumer'cVicinity Maps