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BACKGROUND As part of the overall planning for the Staples Ranch development, the City approved the Stoneridge Drive Policy Statement with ACSPA, environmental groups and representatives for the Stoneridge Drive area requiring, in part, that a soundwall would be constructed on Stoneridge Drive between Snowdrop Circle and Trevor Parkway. At the time, staff was uncertain of the specific soundwall location within the existing planter area and wanted to receive input from property owners/residents adjacent to the proposed soundwall regarding interest for completing the project. Since that time, staff conducted a public meeting and contacted residents who expressed support for the soundwall. Because of the initial uncertainty regarding this project, the City agreed to assume responsibility for its construction. Over the past few months, CLC has been constructing a significant number of on-site and off-site soundwalls related to the development of its Stoneridge Creek continuing care community. As part of ongoing discussion between CLC, ACSPA and staff, CLC offered to add the Stoneridge Drive soundwall to its overall soundwall development activity provided it be reimbursed by the City. Toward this end, CLC provided the City with a cost estimate of the work which includes $166,430 to construct the soundwall, $15,000 for necessary landscaping repairs, $5,000 to off haul any soil and $13,660 for contingency for a total price of $200,000. The CIP 115035 budgeted amount is $230,000 and staff determined that this figure is generally consistent with current anticipated pricing the City would pay were it to contract to have this work done. Having CLC conduct this work represents cost savings to the City by utilizing CLC construction crews already working in the general vicinity of the project. The project will be constructed as a design build with soundwall design features such that it is consistent with existing adjacent soundwalls on Stoneridge Drive. DISCUSSION The recommended Amendment 1 to the Staples Ranch Neighborhood Park/Detention Basin Funding and Improvement Agreement memorializes CLC's agreement to construct the Stoneridge Soundwall. Staff and CLC will develop a construction schedule that minimizes the impact to adjacent property owners and is consistent with Staples Ranch project approvals. The ACSPA will not have a direct involvement with this project but is signatory to the Amendment since it a signatory to the Agreement. Submitted by: Fiscal Review: Approve by: Steven Bocian Emily Wagner Nelson Fialho Assistant City Manager Director of Finance City Manager Attachments: 1. Amendment 1 to the Staples Ranch Neighborhood Park/Detention Basin Funding and Improvement Agreement Page 2 of 4