Council approves development agreements for Hope Springs and South 60 to phase infrastructure and reimburse prior city work

The council approved multiple development items related to two large plats: Hope Springs Plat 1 (Hope Kaye Farms LLC) and the South 60 preliminary plat and development agreement with Jerry’s Homes Inc. Hope Springs: Planning staff said Hope Springs is an 81.87-acre property south of Hickman Road and west of Eleventh Street. The preliminary plat for Hope Springs includes 14 lots (12 planned for commercial along Hickman and two for townhome or multifamily residential), extensions of Eleventh, Seventeenth and Maple streets, a 10-foot trail along Seventeenth Street and required sidewalks. Stormwater detention will be provided in the northeast corner of Lot 14 and will be privately owned and maintained by a future homeowners association. Staff recommended approval of the preliminary plat, construction drawings for Plat 1 and a development agreement. The development agreement includes provisions allowing temporary 24-foot asphalt overlay improvements on Twentieth Street in lieu of permanent improvements now; the developer will pay the city for permanent improvements on a per-acre basis as phases record. The agreement also includes reimbursement provisions related to an existing water main the city previously installed. South 60 and Jerry's Homes: The South 60 preliminary plat covers about 61.83 acres north of Hickman Road and along Northwest Twentieth Street and identifies 106 single-family lots across zoning categories (R-2, R-2 PD-1, R-3 and R-4), three outlots (including parkland dedication and a future townhome/multifamily area), and a detention pond in the southeast corner. Staff said the asphalt overlay along much of Northwest Twentieth Street was a temporary measure; the developer agreed to reimburse the city for the permanent improvements that remain to be constructed on the frontage and to reimburse the city for a previously installed water main. The council approved the preliminary plat and the development agreement. Staff said the agreements are similar in structure to other recent development agreements and will collect payments at platting to fund future permanent street projects. Both development agreements were approved by roll-call votes; staff will track per-acre payments and reimbursements as plats are recorded and will administer construction drawings and public-improvement inspections through regular development-review processes.