City Council Agenda
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Memo to: |
Manteca City Council |
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From: |
Kevin Jorgensen II, Director of Engineering/City Engineer |
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Prepared by: |
Lauren Silva, Associate Engineer |
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Date: |
June 17, 2025 |
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Subject: |
Denali Unit No. 3 Improvement Agreement Amendment No. 1 |
Recommendation:
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Adopt a resolution approving Amendment No. 1 to the Improvement Agreement for Denali Unit No. 3, Tract 4122, adding SCHEDULE B to identify the Public Facilities Implementation Plan credits and reimbursements that are due to TH Denali, LLC; and authorizing the City Manager to sign and take all necessary steps to effectuate Amendment No. 1.
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Background:
On October 26, 2023, the City of Manteca and TH Denali, LLC, entered into an Improvement Agreement for Denali Unit No. 3 with an Estimated Total Cost of Improvements of $4,492,891.29.
After entering into the Improvement Agreement, there were revisions to the improvements for Denali Unit No. 3 including finalization of the design of the roundabout at the intersection of W. Woodward Avenue and McKinley Avenue and the addition of turn-outs along W. Woodward Avenue to improve the flow of eastbound traffic between Joshua Street and McKinley Avenue. These improvements are covered in the City’s Public Facilities Implementation Plan (P.F.I.P.), therefore the Developer is entitled to P.F.I.P. credits or reimbursements in the amount of $1,007,003.78 for installing these improvements.
The Improvement Agreement did not include Schedule B or reference to Schedule B, which would provide the credits or reimbursements. This Amendment No. 1 to the Denali Unit No. 3 Improvement Agreement will add Schedule B to allow the developer to be reimbursed for the installed improvements in accordance with the P.F.I.P. program.
Fiscal Impact:
There is no fiscal impact associated with this item.
Documents Attached:
1. Attachment 1 - Resolution
2. Attachment 2 - Amendment No.1 to the Improvement Agreement for Denali Unit No. 3
3. Attachment 3 - Denali Unit No. 3, Tract 4122 Improvement Agreement (C2023-138)
4. Attachment 4 - Location Map