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HomeMy WebLinkAbout15 Soaring Ranch Off-site Development Agreements February 2, 2022 Infrastructure ImprovementsSite -Development Agreements for the Soaring Ranch OffConsideration for Approval of Electric and Water Utility ACTION ITEM #15 •BACKGROUND / HISTORYBACKGROUND / HISTORY Site Infrastructure Improvements-Soaring Ranch OffSite Infrastructure Improvements-Soaring Ranch Off Specific PlanRanch Joergergrocery market and adjacent retail within the Raley’sconstructed for service to Soaring Ranch Phase 1, which includes June 5, 2019 for both electric and water utility distribution systems The District and the developer executed development agreements on •require a development agreement presented to the Board for approvaland/or electric services totaling more than $400,00 in total value specifies applications for new construction and upgrades of water District Codes 6.04.030.1/7.12.030.1 New Construction and Upgrades, •NEW INFORMATIONNEW INFORMATION Site Infrastructure Improvements-Soaring Ranch OffSite Infrastructure Improvements-Soaring Ranch Off Phase 1Location of Phase 2 will be immediately south of Soaring Ranch •family rental apartments-ground level commercial space and 69 multi. of sq.ftSoaring Ranch Phase 2 will consist of approximately 33,000 •Ranch Phase 2and water utility infrastructure improvements associated with Soaring site electric -MAR II, LLC for the completion of off-Developer group JThe District has received development applications from the •NEW INFORMATIONNEW INFORMATION Site Infrastructure Improvements-Soaring Ranch OffSite Infrastructure Improvements-Soaring Ranch Off adjacent to Riverview ParkDrive to the District’s existing infrastructure JoergerSoaring Way/Completion of a water utility connecting loop from the intersection of •Drive to the TTUSD Bus Barn facilityJoergerSoaring Way/Completion of an electric utility connecting loop from the intersection of •distribution system infrastructuresite improvements include both electric and water utility -The off•Ranch Specific PlanJoergersite” infrastructure improvements to support the -way “offDeveloper intends to construct within the Town of Truckee right of Soaring Ranch Off NEW INFORMATIONNEW INFORMATION Site Infrastructure Improvements-Soaring Ranch OffSite Infrastructure Improvements- Soaring Ranch Off NEW INFORMATIONNEW INFORMATION Site Infrastructure Improvements-Soaring Ranch OffSite Infrastructure Improvements- •FISCAL IMPACTFISCAL IMPACT Site Infrastructure Improvements-Soaring Ranch OffSite Infrastructure Improvements-Soaring Ranch Off There is no direct fiscal impact associated with this item •RECOMMENDATIONRECOMMENDATION Site Infrastructure Improvements-Soaring Ranch OffSite Infrastructure Improvements-Soaring Ranch Off Site Infrastructure Improvement Project-Ranch OffMAR II, LLC for the Soaring -utility development agreements with JAuthorize the General Manager to execute electric utility and water