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23 <br /> <br /> <br />EXHIBIT C <br />IMPROVEMENTS, SECURITIES & ESCROWS <br /> <br />Gervais Woods 2nd Addition <br />Security Requirements Worksheet <br /> <br />Plan A Improvements (15units) <br />1) EOF Restoration: 1 @ $1,000 per EOF $1,000.00 <br />2) Street Signs: 1 @ $300 per sign $300.00 <br />3) Street Lights: L.S. $5,000.00 <br />4) Street Sweeping: @ $100 per unit $1,500.00 <br />5) Erosion Control: @ $100 per unit $1,500.00 <br />6) Utility Protection and Repair: @ $100 per unit $1,500.00 <br />7) Street Protection and Repair: @ $100 per unit $1,500.00 <br />8) Pond Protection and Cleanup: 1 @ $10,000 $10,000.00 <br />Subtotal $22,300.00 <br />25% Bond Security $5,600.00 <br />Security Required $27,900.00 <br /> <br />Plan B Improvements Construction <br />Costs* <br />1) Sanitary Sewer, Temporary Lift Station & Temporary Forcemain $100,000.00 <br />2) Water Main $75,000.00 <br />3) House Services $40,000.00 <br />4) Storm Sewer $75,000.00 <br />5) Initial Street Improvements (Concrete Curb with Wedge) $195,000.00 <br />6) Final Street Improvemens (Future Project) $70,000.00 <br />Estimated Construction Costs $555,000.00 <br />25% Bond Security $138,800.00 <br />Security Required $693,800.00 <br />*Construction costs estimated based on street centerline length, using average <br />cost per LF of similar sized developments <br /> <br /> <br />Escrow Requirements (15 units) <br />Plan A Inspection Fee: @ $100 per unit $1,500.00 <br />Plan B Improvements Escrow: <br />City Staff In Application <br />Fee <br />Concept Review (Nov 2020) $1,542.00 <br />Legal Review (2022) $500.00 <br />Plan Review (Nov 2021 - Mar 2022) $9,000.00 <br />Construction Inspection $23,600.00 <br />Total Plan B Escrow $34,642.00