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5-15-2013 ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />PROJECT NAME:Preserve at Lino LakesNUMBER OF REU's:31 <br />APPLICANT:Schweiters Investments of Lino LakesASSES SED AREA (ac.):10.9 <br />BUDGETDEVELOPERCITYESCROW <br />ITEMNECESSARY IMPROVEMENTSCOSTNOTEIMP. (X)AMOUNT (Y )AMOUNT (Z) <br />1PLANNING/REVIEW <br />A. Plat Review Fee$1,500b $1,500 <br />B. Planner Review Fee$1,500b $1,500 <br />2ADMINISTRATION <br />A. Legal $1,000a $1,000 <br />B. Administration Fee 3% of const.b $40,700 <br />C. Publications $1,000b $1,000 <br />3ENGINEERING <br />A. Plan/Plat/Grading Review $5,000b $5,000 <br />B. Construction Services $15,000b $15,000 <br />C. Construction Staking$0b $0 <br />D. City Engineering $12,500b $12,500 <br />4DEVELOPMENT FEES <br />A. Park Dedication Fee $2500/unitd $77,500 <br />B. Park Dedication Credit ($77,500) <br />C. Sealcoating Fee$0.30/SFb $17,238 <br />D. Aerial Photo Fee90/unitb $2,790 <br />5BOULEVARD TREE PLANTING$465/treeb $17,205 <br />6DEVLOPMENT SECURITIES <br />A. Tree Preservation 95/unitb $0 <br />B. Street Lighting - installation$2,500a $10,000 <br />C. Street Lighting - operation$265 $1,060 <br />D. Traffic Signing $500a $2,000 <br />E. Street, Storm Sewer, Pond Maint.b $1,000 <br />SUBTOTAL:$0$0$129,493 <br />Grading Only Escrow Credit $0$14,450 <br />TOTALS:$0$115,043 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />X = DEVELOPMENT IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT)$1,687,000$0$1,687,000 <br />Y = CITY IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT )$81,400$0$81,400 <br />Z = CITY FEES X 1.0 (CASH ESCROW)$0$115,043$115,043 <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