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Village approves developer-funded cost share for Arbonne-Broadmere traffic signal; budget target set at $1 million
Summary
Trustees approved a development agreement assigning Sagewind (developer) to design and build a traffic signal at Arbonne Drive and Broadmere/West Brown Deer Road with a 50/50 cost-share and a $1,000,000 project budget goal; adjoining property owners will be asked to reimburse portions via plats or special assessments.
Trustees approved a development agreement authorizing the village to use the developer to design and build a traffic signal at the intersection of Arbonne Drive and Broadmere (West Brown Deer Road), establishing a 50/50 cost-share arrangement and a project budget target of $1,000,000.
Nate (staff) described the agreement as a memorandum of the parties’ intent: the village will receive the DOT permit, Sagewind (the developer) will carry out design and construction, and the document sets a $500,000 village/developer cost share (a 50/50 split of a $1,000,000 budget target). “This agreement ... memorializes the concept of a cost share for the signal at Arbonne and Broadmere Road,” staff said. The presentation added that the village expects its net cost to be a fraction of the $500,000 after reimbursement from adjacent property owners and that a budget exhibit will be added later as designs are refined.
Why it matters: the traffic signal is necessary for the Fireside Market development to open a driveway on Broadmere Road, and the village expects adjoining owners — identified in the discussion as Sagewind, Right Height, Royal Capital, ETE and the village — to participate in reimbursements according to plat obligations. Badger Meter was asked to participate but declined, staff said.
Village staff said the DOT and the village negotiated to keep an existing median access open for now but that a redevelopment of the 16-acre Arbonne cul-de-sac could require future closure under an MOU with DOT. Staff noted the DOT will prepare an MOU for the village to sign that would obligate closure if the cul-de-sac is redeveloped.
Trustee Woods moved to approve the development agreement; Trustee Owens seconded the motion. Trustees voted in favor by voice vote and the motion carried.
Staff said the village intends to borrow funds and set aside $500,000 related to the signal (see separate resolution considered later in the meeting). The development agreement preserves the village’s review authority over the final design, contractor selection and the budget exhibit that will be appended to the agreement.
