Backup — original pdf

Backup

Component Description Calculation Valuation Credit towards $3.1 M Community Amenity Fee? CREDIT PUD Ordinance Status Pedestrian Realm Upgrades # 1 $95,100. Yes. (Developer must build and dedicate to CoA to get $95,100. Owner must build during credit) construction. Approved in Site Plan Review. Will be built and inspected during construction. Concrete: Bike lanes, bus Queuing, subsurface pavers. New curb for sidewalks… Site: Upgrade pavers, 5” trees, tree grates, silva cell system…. $6/SF of bonus area Min. Requirement: $102,000. PUD proposal: $197,100 Min. Requirement: $287,900. PUD proposal: $838,313 SF PUD FAR: 310,045 SF Bonus FAR: 188,479 SF @ $6/SF Pedestrian Realm Upgrades # 2 Affordable Housing $542,366 No credit for Community Amenity Fee. The project is getting a PUD credit for Environmental Superiority for these elements/standards. 0. Required in Ordinance. Approved in Site Plan Review. Will be built and inspected during construction. Base FAR: 121,566 $1,130,874 Yes. $1,130,874. NOTE: This fee to be paid to Austin Housing Trust Fund, to be restricted to the SCW District for 5 years. A development fee equal to $6 per non-residential bonus area square foot shall be paid to the NHCD Housing Trust Fund prior to issuance of the building’s final Certificate of Occupancy. Restricted to within two- mile radius of SCW for 10 years. 11/15/19- Erica Leak of NHCD reports they have not yet collected the funds and that they currently have a hold on their building permit, which will be removed when the fee is paid. Reclaimed Water 350 LF from intersection of Riverside/S. 1st along boundary of project. Estimate: contractor, sub- surface utility & civil engineering $348,950 (or, $987/LF) Yes. (Developer must build and dedicate to CoA to get credit) $348,950. Owner must install during construction. Public Art On-site $180,000 Yes. (Developer must work with AIPP to deliver) $180,000 Owner must implement, in 3 corners @ $60,000 Transportation Mitigation Probable costs from ATD improvements) $1,070,000. Yes. (Developer work with ATD to build or pay for these conjunction with AIPP. Must be selected and installed prior to completion. $1,070,000 Pay 100% to ATD for costs including design and overhead, as set forth in TIA memo (2/8/2018) 363 LF of Reclaimed Water pipe approved in Site Plan Review. Will be built and inspected during construction. 11/14/19 – Susan Lamb, AAIP program manager, has sent public art instructions to Stream. The process of artist’s selection is up to the applicant, with review/approval from AIPP. 12/11/19 – Caitlin D’Alton, ATD CIP program manager, reports ATD/METRO/consultants are doing analysis, modeling, survey work, to be completed early 2020 for the improvements @ bridge/bikes. 823 SF of Public Rain Garden approved in Site Plan review Goal in district Contractor estimate $99,000 Yes. (Developer must build and dedicate to CoA to get $99,000. Owner must build minimum 800 SF credit) $3,466,290 rain garden in Barton Spring Road ROW. $2,923,926 176,074 THIS IS THE AMOUNT THAT DEVELOPER CONTRIBUTES 176,074 Owner must pay into fund. Timeline TO A DEDICATED SCW COMMUNITY AMENITY FUND not set in ordinance. Funds have been deposited to a dedicated account for SCW Implementation. 3,642,366 3,100,000 Reconstruct lower deck shared use path… Rain Gardens @ Barton Springs Rd. SUBTOTAL Community Amenity Fee balance due TOTAL