A developer that will build 455 homes northeast of the Del Webb at Woodbridge neighborhood will cover 83 percent of the purchase price of 60 acres the City of Manteca is acquiring for a community park site in North Manteca.

A detail of the park purchase, that is now in escrow stage, is back before the City Council when they meet tonight at 6 p.m. It involves acceptance of a 5-acre storm basin easement being purchased for $650,000 to accommodate park associated storm runoff.

The City Council on June 12 appropriated $6,550,000 from the Parks Acquisition & Improvement Fund to fund the acquisition and associated transaction costs and authorized the City Manager to execute the purchase and sale agreement and related documents necessary to complete the transaction.

A development agreement with developers of a nearby 455-home North Union Ranch subdivision project negotiated by the council economic subcommittee of Mayor Gary Singh and Councilman Mike Morowit includes a $12,000 fee per home built to allow the city to recoup the money that it is paying for the parkland.

That fee will generate $5.4 million to do so. The development also will pay all applicable growth fees including that for development of community parks. The money will be paid as the homes are built.
As such it will backfill the park growth fees being used to buy the park site effecting generating $5.4 million to build more park and recreation facilities.

The park land purchase fee is part of $24,000 per home the North Union Ranch development will pay secured through the efforts of Singh and Morowit on top of standard growth fees and connection fees for new homes.

Those add-on fees include:

* $1.1 million for a new fire engine.

*$500,000 for a solid waste truck.

*$1,501,500 to go to help pay for the new police station. That is on top of paying a government facilities growth fee.

*$159,200 to help offset the installation of EV chargers at city campuses.

*$1,501,500 to go toward city infrastructure as the city sees fit. And such it could go to the new police station, the sixth fire station, a community center, or an aquatics center among other things.

In addition, community facilities district fees (CFD) imposed by the current council means at buildout the owners of the 455 homes will pay $274,000 for the rough cost of salaries and benefits for two frontline police or fire positions.

The homeowners also will pony up $335,000 annually for ongoing street maintenance within their neighborhood.

To contact Dennis Wyatt, email dwyatt@mantecabulletin.com

A developer that will build 455 homes northeast of the Del Webb at Woodbridge neighborhood will cover 83 percent of the purchase price of 60 acres the City of Manteca is acquiring for a community park site in North Manteca.

tin.com

A developer that will build 455 homes northeast of the Del Webb at Woodbridge neighborhood will cover 83 percent of the purchase price of 60 acres the City of Manteca is acquiring for a community park site in North Manteca.

A detail of the park purchase, that is now in escrow stage, is back before the City Council when they meet tonight at 6 p.m. It involves acceptance of a 5-acre storm basin easement being purchased for $650,000 to accommodate park associated storm runoff.

The City Council on June 12 appropriated $6,550,000 from the Parks Acquisition & Improvement Fund to fund the acquisition and associated transaction costs and authorized the City Manager to execute the purchase and sale agreement and related documents necessary to complete the transaction.

A development agreement with developers of a nearby 455-home North Union Ranch subdivision project negotiated by the council economic subcommittee of Mayor Gary Singh and Councilman Mike Morowit includes a $12,000 fee per home built to allow the city to recoup the money that it is paying for the parkland.

That fee will generate $5.4 million to do so. The development also will pay all applicable growth fees including that for development of community parks. The money will be paid as the homes are built.
As such it will backfill the park growth fees being used to buy the park site effecting generating $5.4 million to build more park and recreation facilities.

The park land purchase fee is part of $24,000 per home the North Union Ranch development will pay secured through the efforts of Singh and Morowit on top of standard growth fees and connection fees for new homes.

Those add-on fees include:

* $1.1 million for a new fire engine.

*$500,000 for a solid waste truck.

*$1,501,500 to go to help pay for the new police station. That is on top of paying a government facilities growth fee.

*$159,200 to help offset the installation of EV chargers at city campuses.

*$1,501,500 to go toward city infrastructure as the city sees fit. And such it could go to the new police station, the sixth fire station, a community center, or an aquatics center among other things.

In addition, community facilities district fees (CFD) imposed by the current council means at buildout the owners of the 455 homes will pay $274,000 for the rough cost of salaries and benefits for two frontline police or fire positions.

The homeowners also will pony up $335,000 annually for ongoing street maintenance within their neighborhood.

To contact Dennis Wyatt, email dwyatt@mantecabulletin.com