03-27-2017 Council Packet - Laserfiche WebLink

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Erickson Estates Development Agreement March 27, 2017 page 4 reimburse itself from the Escrow upon notice to the Developer, with suitable documentation supporting the charges. 16. Developer Fees. At the time of execution of this Agreement, the Developer shall pay the following fees related to the development of the Subdivision (See Exhibit C for breakdown of costs): a. Park Dedication The Park Dedication Fee for this site is calculated as follows: 1 unit x $2,500 = $2,500 b. Aerial Photo Fees c. Trunk Sewer Unit Charges The City established trunk unit charges to uniformly distribute the costs of public trunk sanitary sewer infrastructure. Each individual connection to the sanitary sewer system shall be charged a unit charge per SAC unit (currently at $3,073 per SAC unit). The calculation of the SAC units shall be based on the procedure outlined in the Metropolitan Council Environmental Services Sewer Availability Charge Procedure Manual. Trunk sewer unit charges addressed under this paragraph are in addition to any SAC charges imposed by Metropolitan Council Environmental Services. Each individual connection shall be charged a lateral service fee of $40.00 per front foot for 90 feet. An estimate of the total trunk charge and lateral fees are specified in Exhibit C. d. Trunk Water Unit Charges The City established trunk unit charges to uniformly distribute the costs of public trunk water infrastructure. Each individual connection to the water system shall be charged a unit charge per SAC unit (currently at $4,069 per SAC unit). The calculation of the SAC units shall be based on the procedure outlined in the Metropolitan Council Environmental Services Sewer Availability Charge Procedure Manual. Each individual connection shall be charged a lateral service fee of $37.50 per front foot for 90 feet. An estimate of the total trunk charge and lateral fees are specified in Exhibit C.