Collin County would cover about 40% of the cost of new road links north and west of a planned manufactured housing rental community near Melissa under an agreement on the Commissioners Court's draft agenda for Monday, Nov. 16.
The developer, Melissa 413 LLC, is building Vibe at Melissa, a 407-lot community at the intersection of County Road 471 and County Road 413, according to a memo from the county engineering department. The memo says the project will add traffic to county roads that have little connection to the north and west today.
Who builds what
Under the proposed agreement, the developer would build two lanes of the future CR 471 thoroughfare inside the development and coordinate the rest of the work. The county would share the cost of carrying CR 471 beyond the property to the north and of building the two northern lanes of Melissa Road, the future westbound side, west to the Melissa city limits.
The county's share applies only to work in unincorporated Collin County. The memo says the stretch inside Melissa, out to FM 545, is expected to be covered by its own deal between Melissa and the developer.
Engineers estimate the developer's share at $2,787,148.09, or 60.08%, and the county's at $1,851,597.83, or 39.92%. Those figures include engineering and a 10% construction contingency. The county would pay its share of actual costs after the work is finished, a final accounting is reviewed and an engineer certifies the project.
The money would come from 2023 road bond funds the county set aside for projects built with developers.
