09-26-2016 Council Packet - Laserfiche WebLink

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9/ 21/ 2016 EXHIBIT C Securities, Escrows & Fees PROJECT: Clearwater Creek Business Park NUMBER OF REU's:65 APPLICANT: United Properties NO. OF LOT FRONTAGES 1 AREA (LOT 1 BLOCK 1):27.9 IMPROVEMENTS COST DEVELOPER IMPROVEMENT COSTS (ON SITE) SITE GRADING $1,270,000 EROSION CONTROL $10,900 LANDSCAPING $215,854 PARKING LOT $453,008 STORM SEWER CONST.$134,227 SANITARY SEWER CONST.$134,227 WATERMAIN CONST.$134,227 LIGHTING $49,000 Total $2,401,443 Letter of Credit Amount X 35%$840,505 DEVELOPER IMPROVEMENT COSTS (OFF SITE) SITE GRADING $223,190 EROSION CONTROL $4,000 LANDSCAPING $0 TRAIL $0 STREETS $259,800 STORM SEWER CONST.$208,900 SANITARY SEWER CONST.$141,185 WATERMAIN CONST.$14,570 ENGINEERING & SURVEYING $0 Total $851,645 Letter of Credit Amount X 150%$1,277,468 ESCROW for CITY'S COSTS PLANNING REVIEW $1,500 ADMINISTRATION $25,550 ENGINEER PLAN REVIEW $8,500 ENGINEER CONSTRUCTION SERVICES $65,062 PROJECT FINAL DOCUMENTS & CITY ENGINEER $5,600 STREET LIGHT INSTALLATION $12,500 STREET & STORMWATER MAINTENANCE $0 na PROPERTY TAXES $0 na BOULEVARD TREE PLANTING $0 na Total $118,712 DEVELOPMENT FEES PARK DEDICATION $60,574 PARK DEDICATION CREDIT $0 AUAR $7,492 SEAL COATING FEE $31,185 AERIAL PHOTO FEE $90 STREET LIGHTING OPERATION $0 Total $99,340 TRUNK SANITARY SEWER $199,745 TRUNK SANITARY SEWER CREDIT $0 TRUNK WATERMAIN $264,485 TRUNK WATERMAIN CREDIT $0 TOTAL TRUNK SEWER & WATER FEES $464,230 SURFACE WATER MANAGEMENT $262,040 SURFACE WATER MANAGEMENT CREDIT ($115,249) TOTAL SURFACE WATER MANAGEMENT FEES $146,791 Total $611,021 Letter of Credit Amount X 35% $213,860 SUMMARY OF COSTS LETTER OF CREDIT DEVELOPER IMP'MENT COSTS $2,117,973 LETTER OF CREDIT CITY TRUNK FEES (if assessed)$213,860 ESCROW $118,712 DEVELOPMENT FEES $710,361