Manteca will inch closer to Ripon with a project submitted last month.
Meritage Homes is seeking approval to build 310 homes on 58.45 acres at 9715 Sedan Ave.
The property abuts the west side of Sedan Avenue between the two 90 degree curves that takes the primarily east-west road on a north-south alignment for a short distance
The land includes a three bedroom, one bathroom home and agricultural budlings used in connection with the bulk of the acreage that has been used to grow strawberries.
The land had been listed at $10.3 million.
It is immediately south of the Hat Ranch property.
If it is annexed to Manteca and developed, it will become the closest urbanized area in Manteca to the City of Ripon.
It is also south of the proposed Raymus Parkway alignment that will ultimately connect with Austin Road.
It is also near the tentative southern extension of Atheron Drive to access property connected with the 1,080-acre business park and residential development proposed 12 years ago and approved but has since stopped forward movement.
The property is within the Ripon Unified School District.
The Hat Ranch is in the process of being annexed to the city by Richland Communities.
The city has approved 738 homes on the 184 acres in southeast Manteca.
The City Council secured a development agreement with Richland that included an add-on $10,333 per home fee that provides:
*$2,000 (overall $1,476,000) to fund a new police headquarters.
*$2,003 (overall $1,478,214) to fund a new fire engine.
*$1,500 (overall $1,107,000) to go toward Phase IV sewer expansion and help pay for the city’s wastewater management plan.
*$1,500 (overall $1,107,000) that will go toward improvements of the city’s water, sewer and street networks beyond impact fees already charged.
*$1,600 (overall $1,180,800) to go toward the purchase of CNG powered solid waste collection trucks.
*$1,400 (overall $1,033,200) available for the council to use at their discretion.
The $7.4 million fees upfront are in addition to existing growth-related fees including sewer and water capacity connections that requires the developer to pay between $45,000 and $70,000 — depending upon the square footage and location of the home in reference to major street impacts — at the time they request a building permit for a house.
Richland also agreed to an overall community facilities district — in addition to a separate one for schools — to generate revenue above and beyond existing property and sales tax to help pay for an expansion of frontline police officers and firefighters.
It also covers future street maintenance needs for the neighborhood.
What that means, is the Hat Ranch streets won’t take away from street maintenance funds needed elsewhere in older potions of the city.
It is an ironclad obligation requiring those who purchase Hat Ranch homes when they are built or on the resale market in future years to essentially fund roughly one police officer and one firefighter using a community facilities district fee tax.
That’s on top of the public safety funds the 738 households would generate through property and sales tax.
As such, per home the Hat Ranch will deliver more revenue to the city’s coffers upfront and on an ongoing basis than any other project approved to date in Manteca.
In exchange, Richlands has a 15-year time window to build the project with an option to extend it by five years.
To contact Dennis Wyatt, email dwyatt@mantecabulletin.com
