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3-7-2013 ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />PROJECT NAME:Forest View Acres 2nd Addition NUMBER OF REU's:8 <br />APPLICANT:RADEMACHER FAMILY LP ASSESSED AREA (ac.):4.47 <br />BUDGET PRIVATE PUBLIC ESCROW FEE <br />ITEM NECESSARY IMPROVEMENTS COST NOTE IMP. (W)IMP. (X)AMOUNT (Y)AMOUNT (Z) <br />1 PLANNING/REVIEW <br />A. Plat Review Fee $1,500 b $800 <br />B. Planner Review Fee $1,500 b $1,500 <br />2 ADMINISTRATION <br />A. Legal $1,000 a $500 <br />B. Administration Fee 3% of const.b $13,290 <br />C. Publications $1,000 b $0 <br />3 ENGINEERING <br />A. Plan/Plat/Grading Review $5,000 b $2,500 <br />B. Construction Services $15,000 b $15,000 <br />C. Construction Staking $0 b $0 <br />D. City Engineering $12,500 b $2,000 <br />4 DEVELOPMENT FEES <br />A. Park Dedication Fee $2175/unit d $9,722 <br />B. Park Dedication Credit ($9,722) <br />C. Sealcoating Fee $0.28/SF b $0 <br />D. Aerial Photo Fee 90/unit b $180 <br />5 BOULEVARD TREE PLANTING $465/tree b $0 <br />6 DEVLOPMENT SECURITIES <br />A. Tree Preservation 95/unit b $0 <br />B. Street Lighting - installation $2,500 a $0 <br />C. Street Lighting - operation $265 $0 <br />D. Traffic Signing $500 a $0 <br />E. Street, Storm Sewer, Pond Maint.b $1,000 <br />SUBTOTAL:$0 $0 $36,590 $180 <br />Grading Only Escrow Credit $0 $0 <br />TOTALS:$36,590 $180 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />W = PRIVATE IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT)$155,000 $0 $155,000 <br />X = PUBLIC IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT)$240,100 $0 $240,100 <br />Y = CITY ESCROW COSTS X 1.0 (CASH ESCROW)$0 $36,590 $36,590 <br />Z = CITY FEES X 1.0 (CASH FEE)$28,676 $180 $28,856 <br />NOTE:a: Cost by City policy <br />b: Estimated Cost or Budget by City <br />c: Previously Assessed <br />d: Cash Requirement per Agreement with Park Board <br />e: Provided by Developer <br /> f: Estimate by Feasibility Study