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HomeMy WebLinkAbout1945 Approving a Memorandum of Understanding with the City of Riverside, Young Real Estate Investments, LLC, the Riverside Red X Comm Improve District and the Riverside-Quindaro Bend Levee District BILL NO. 2023-054 ORDINANCE NO. Q 4 5 AN ORDINANCE APPROVING A MEMORANDUM OF UNDERSTANDING WITH THE CITY OF RIVERSIDE, YOUNG REAL ESTATE INVESTMENTS, LLC, THE RIVERSIDE RED X COMMUNITY IMPROVEMENT DISTRICT, AND THE RIVERSIDE-QUINDARO BEND LEVEE DISTRICT BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI AS FOLLOWS: SECTION 1 — APPROVAL OF AGREEMENT. That the Riverside Board of Aldermen hereby approves the Memorandum of Understanding with the City, Young Real Estate Investments, LLC, the Riverside Red X Community Improvement District, and the Riverside- Quindaro Bend Levee District, in substantially the form attached hereto, and the Mayor is authorized to execute the Agreement on behalf of the City. SECTION 2 — GRANT OF FURTHER AUTHORITY. The Mayor, the City Administrator, and other appropriate City officials are hereby authorized to take any and all actions as may be deemed necessary or convenient to carry out and comply with the intent of this Ordinance and to execute and deliver for and on behalf of the City all certificates, instruments, agreements and other documents, as may be necessary or convenient to perform all matters herein authorized. SECTION 3 — EFFECTIVE DATE. This Ordinance shall be in full force and effect from and after its passage and approval. BE IT REMEMBERED that the above was read two times by heading only, PASSED AND APPROVED by a majority of the Board of ldermen and APPROVED by the Mayor of the City of Riverside this 5 2� day of 2023. ti l ;wdez4zity. yor Kathleen L. Rose ATSTEST: '•Robip Kincaid,. ity Clerk p Y MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding ("MOU") is entered into between the City of Riverside,Missouri("Riverside"), Young Real Estate Investments,LLC("Young"),the Riverside Red X Community Improvement District ("CID"), and the Riverside-Quindaro Bend Levee District("Levee District"). The Effective Date of this MOU is the date that it is last signed by the parties.In consideration of the mutual covenants and agreements set forth herein,the parties hereby mutually agree as follows: 1. The purpose of this MOU is to facilitate a comprehensive storm water management solution in multiple phases (the "Storm Water Management Project") in connection with anticipated development of the Riverside Red-X Addition final plat(the"Plat").The Storm Water Management Project will not address the currently undeveloped portion of the Plat, as future build out could impact conditions and analysis of run off and volume of stormwater. 2. The following is an image of the Plat: 1-257 Pi V'1/J M 1 ..♦. RStQE ♦ } 9 1. P ♦i i LOT 3 '♦. �' ;ati, = SAM IC LOT 2 �; #g'4 LOT 58918071M(M) v s' II: s687 4r0a0) 87��0 • b*r p415 ) 89.H Y) - Oil'4, ..ice¢�__ 16s it 149 98 149 857981� .awc •• M8515j71.(Y) 589S974 d(41) K897B.H'Wu; jQy]J75,1.!N) 1 7 _' 4r421i(0) 589'5817100-( -- N8976,9 i(OJ - 7N716•n(0) ��y9 y" Ol - �rP ` _ . 00 R�r- �d"- 3. The Plat consists of approximately 20.2 acres and presently contains 3 Lots. Lot 1 (approximately 1.86 acres) is the location of the newly constructed Red-X store and is 1 owned by Young. Lot 2 (approximately 5.1 acres) is the store's parking lot and is owned by the CID. Lot 3 (approximately 13.3 acres) is the location of the former Red-X store and is owned by Young. A detention basin currently exists in the southwestern area of Lot 3 and is maintained by the Levee District("Levee Basin"). A detention basin currently exists in the northern area along West Platte Road on Lot 3 and is maintained by the City ("West Platte Basin"). 4. Riverside, Young, the CID, and the Levee District agree to work together in good-faith to facilitate the Storm Water Management Project, on the terms and conditions set out in this MOU and pursuant to anticipated future written agreement(s). The Storm Water Management Project will involve calculating the necessary detention requirements for Lots 1 and 2 based upon current build-out so that an overall permanent detention plan for the Plat can be developed now and implemented as development occurs. These calculations will not address Lot 3 as described above. 5. The parties anticipate, subject to engineering analysis, that the Storm Water Management Project will involve unburying the existing junction box that the new store's storm water pipe ties into and expanding the existing Levee Basin around this structure. The new storm pipe from Red-X will be disconnected from the junction box so the stormwater can flow into the Levee Basin. The existing junction box would then be converted to an outfall structure for the Levee Basin. Additional engineering analysis will consider whether reconfiguration of the Levee Basin and upsizing is necessary based on full build out conditions and determine if doing the reconfiguration now would make sense or to break it into phases as development occurs, taking into account available funding mechanisms. 6. The engineering analysis for the Storm Water Management Project shall also consider the West Platte Basin. Specifically, the analysis shall consider the design and reconfiguration/relocation of this basin to be incorporated into a larger basin and any required piping to deliver storm water into a larger configured basin. Current site conditions establish that the inflow into the West Platte Basin is similar to the outflow of the basin. Therefore, depending on the solution, a maintenance swale may need to be established for cleaning sediment between the West Platte Basin pipe and any proposed downstream pipe. The City will pay the costs related to the design and reconfiguration/relocation of the West Platte Basin to be incorporated into a larger basin and any required piping to deliver storm water into a larger configured basin. 7. Young shall authorize and direct its consulting engineers to prepare a written engineering report consistent with determining a comprehensive solution as provided in this MOU,and the report shall be completed and submitted to the City and the Levee District no later than 45 days from the Effective Date. The written engineering report shall meet the standards established by the Kansas City Chapter of the American Public Works Association,Section 2 5600, Storm Drainage Systems & Facilities dated February 16, 2011, and the Storm Drainage Best Management Practices Manual dated December 2012 ("Standards"). The City Engineer shall,within 10 days,conduct a review of the engineering report and provide written review comments. The Levee District shall, within 60 days, conduct a review of the engineering report and provide written review comments. 8. The parties have received from McClure a cost summary, attached as Exhibit A, for preparing the engineering report referred to in Section 7. The City's allocated cost will be $5,385 for study and summary reports and half of the hourly fees, up to an amount not to exceed$1,480,reflecting the value of engineering services to the City concerning the West Platte Basin. The CID's allocated cost will be$4,305, subject to available funds, for study and summary reports and hourly fees, up to an amount not to exceed $1,184, reflecting the value of engineering services to the CID concerning the portion of the Plat owned by the CID(Lot 2). Young's allocated cost will be $1,080 for study and summary reports and hourly fees, up to an amount not to exceed $296, reflecting the value of engineering services to Young concerning the portion of the Plat owned by Young (limited to Lot 1). Each of the City, the CID and Young agrees to pay directly to McClure upon invoice for the amount of each such party's share. In no event will any party be responsible for another party's share of the engineering report cost. 9. The CID is a political subdivision and Missouri community improvement district established under Sections 67.1401 et seq., RSMo, as amended (the "CID Act" which has imposed a 1.0% sales tax (the "CID Sales Tax") for purposes of funding certain improvements permitted by the CID Act. The only sources of revenue available to the CID are proceeds of certain Sales Tax Revenue Bonds (Riverside Red X Community Improvement District Project)Series 2022 issued by the Industrial Development Authority of Riverside, Missouri (the "Bonds"), to fund eligible public improvements and payable from the CID Sales Tax. Young acknowledges that the CID is engaging it to perform the elements of the project funded by the CID funds and accordingly, the provisions of the Development Agreement dated November 9, 2021 between the CID and Young as developer, shall apply to the work contemplated by this MOU to be funded by the CID. 10. The engineering report is the initial phase of the Storm Water Management Project contemplated by this MOU. The parties anticipate the need for a subsequent agreement or memorandum of understanding to address design and reconfiguration/ relocation of the West Platte Basin and construction issues related to actually implementing the Storm Water Management Project, such as timing, funding, cost-sharing, easement acquisition/conveyances, etc. Future implementation of the Storm Water Management Project will require a separate agreement to be reviewed and agreed upon by all parties prior to undertaking any action, which agreement will provide for the cost-sharing which may differ from the percentages agreed among the parties for the initial engineering report, but will provide for each party to be invoiced directly for its share of the cost. 3 11. Additional Provisions. a. Governing Law. This MOU shall be construed and governed in accordance with the law of the State of Missouri without giving effect to Missouri's choice of law provisions. b. Further Acts. The Parties shall do and perform such other and further acts,and sign any further documents, as are reasonably necessary so as to effectuate their intentions as herein expressed, provided that further agreement to implement the Storm Water Management project shall be expressly approved by each of the parties independently from this MOU. c. Waiver. No consent or waiver, express or implied, by any party to this MOU or of any breach or default by any other party in the performance by such party of its obligations under this MOU shall be deemed or construed to be a consent or waiver to or of any other breach or default in the performance by such other party of the same or any other obligations of such party hereunder. Failure on the part of any party to complain of any act or failure to act of any of the other parties or to declare any of the other parties in default, irrespective of how long such failure continues shall not constitute a waiver by such party of its rights under this MOU. The Parties reserve the right to waive any term, covenant, or condition of this MOU;provided, however, such waiver shall be in writing and shall be deemed to constitute a waiver only as to the matter waived and the Parties reserve the right to exercise any and all of their rights and remedies under this MOU irrespective of any waiver granted. d. Modification. This MOU shall not be amended, modified or cancelled except by written agreement executed by representatives of each of the Parties. e. Headings; Construction of MOU. The headings of each section of this MOU are for reference only. Unless the context of this MOU clearly requires otherwise, all terms and words used herein, regardless of the number and gender in which used, shall be construed to include any other number, singular or plural, or any other gender,masculine,feminine or neuter,the same as if such words had been fully and properly written in that number or gender. f. No Partnership. It is expressly understood that the Parties are not now, nor will they be engaged in a joint venture, partnership or any other form of business relationship except as expressly set forth herein, and that no party shall be responsible for the conduct, warranties, guarantees, acts, errors, omissions, debts, obligations or undertaking of any kind or nature of the other in the performance of this MOU. 4 g. Binding Effect. This MOU shall be binding upon the Parties hereto and upon their respective assigns, transferees and successors in interest, providing none of the Parties may assign this MOU or the rights or obligations hereunder without the express written consent of the other parties. h. Representations. The Parties certify that they have the power and authority to execute and deliver this MOU, to use the funds as contemplated hereby and to perform this MOU in accordance with its terms. i. No Third Party Beneficiary. This MOU is not intended to give or confer any benefits, rights, privileges, claims, actions or remedies to any person or entity as a third party beneficiary, decree, or otherwise. j. Counterpart Signatures. This MOU may be executed in any number of counterparts and when so executed shall be deemed an original, and all of which together shall constitute one and the same instrument. Hand signatures transmitted by fax or electronic mail in portable document format (PDF), or similar format, are also permitted as binding signatures to this MOU. IN WITNESS WHEREOF, the parties hereto have caused this MOU to be signed by their authorized officers. 5 Young Real Estate Investments,LLC: G.)17,14(400/1 Name: -e%-t-""" - Title: Mtnc�c���' Date: I'7) ) alna Riverside Red X Community Improvement District: Name: 2‹..%-e.y vim, Title: r VYTAV) Date: 1a-) 6 City of Riverside, Missouri: By: /(a74-,1-//PDX'EJ4'e---KathleenRose Mayor Dated: Ze.g.a*Azt,-S-i3.D.2.3 ATTE `T� " '• Robin Ki caid, City Clerk Gam • • • Riverside-Quindaro Bend Levee District: 1 3 4Gh. Presi nt Dated: d0I21 ATTEST: 761frf44J-6-7-neA) Secretary 7 EXHIBIT A McClure Cost Proposal including Drainage Map 8 6/2/23,3:09 PM Mail-Richie Benninghoven-Outlook Red-X--Storm Drainage Scenario's for Detention Matt Eblen <meblen@mcclurevision.com> Sat 5/20/2023 9:00 PM To:Richie Benninghoven <rcb@usckc.com> Cc:Brian Kemp <bkemp@mcclurevision.com> Richle I've put together costs for each of the options we discussed last week in the list below: A.Adding additional runoff from the New Red-X site (9.37 ac) into USACE Detention--$3.885 (this equates to $775 for the YREI portion and $3.110 for the CID portion within the new Red-X site based on the -20%/ 80% area breakdown and rounded to the nearest$5 for ease of calculation). B.Adding additional runoff from "Item A" above+ incorporating the volume from the West Platte Basin into USACE Detention--$3,885 Items A& B will include analysis (confirming additional runoff& volume coming to the USACE basin and sizing an outflow structure) along with a schematic of the additional area needed in the USAGE Basin to account for volume needed. Summary Report--$3.000 (FYI—If you want to account for report writing for each of the options A& B above, $3,885 becomes$5.385) Meetings w/USACE/levee District/City--$2,960 (hourly) Total Lump Sum Fees: $10,770 Total Hourly Fees: $2.960 NOTE: In putting these numbers together for the options noted above. I'm assuming: a. The USACE Basin must be expanded from its current size to accommodate the additional runoff and volume. b.The existing condition for Option A noted above is undeveloped (at the grades that currently exist—this impacts travel time for runoff to get to the basin). c.The proposed condition for Option A noted above is the current condition. d.The outflow structure will be 1 size in reality, but openings will be varied based on the development currently in place (Options A or B as noted above). If you have any questions about the scope or my assumptions, please call or email me. Thanks, P.S. I'm on vacation until Tuesday. So. I can answer any questions from this email that you may have at that time. MATT EBLEN, P.E.*LEED AP 00� PROJECT MANAGER 'll M�C L U R E" Your vision. Engineered here. 1700 Swift St.,Suite 100 I North Kansas City, MO 64116 D:,(M)307-2588 I 0: (816)756-0444 I C: (913)522-2786 I F:(816)756-1763 *KS MO https://outlook.office.com/mail/id/AAQkAGJhNWYxZjNmLWRhM2QtNDg3Ny1 hNjc2LTQ1 NzQwZDU0MGMIYgAQAFjWG5oxeEKJgAM%2BE4KTKQ8... 1/1 DRAINAGE MAP TO lc-, LEGEND U .S .A.C. E . BASIN ..-- , .., , . p f. ‘T:. 4.*., la ' /* • 1 7 ' 57 LA CID Drainage (7.51 Acres) • ,,,.-k .4 i •, ' [New Red-X site,not including the building] -4 141rii:417' 44111190-- -,1-1' ty ''? lk , ' ,11 ut p ,le. '#,\ ..0"/ 4? " It .71' . . \ • - 4, 0 . - . I\ '" _• r"-"""""1 Non-CID or YREI Drainage (26.49 Acres) '''' r1`),..linao«.,from lAte.,-t Platte Rd(19 50 A() Other AreI'.(6 nq A 114 .• `. -• ' ;`).‘ ' ,,,, ., w ,.Ar.- e , l 41, c •V4 .t." A'\ . . .• , T . ( A k• ii..‘ PO r A ,:ziik ' • -*<.,,,,,...‘.:::, • Al* 4.k .„ i I', „zi ii,:,.„,...-,,,_ • ",,,,, . r I...:* ' • . 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