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3-7-2013 ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />PROJECT NAME:Main Street Shoppes NUMBER OF REU's:1 <br />APPLICANT:MFC Properties CorporationASSESSED AREA (ac.):1.24 <br />BUDGETPRIVATEPUBLICESCROWFEE <br />ITEMNECESSARY IMPROVEMENTSCOSTNOTEIMP. (W)IMP. (X)A MOUNT (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 $6,060 <br />C. Publications $1,000b $1,000 <br />3ENGINEERING <br />A. Plan/Plat/Grading Review $5,000b $5,000 <br />B. Construction Services $5,000b $5,000 <br />C. Construction Staking$0b $0 <br />D. City Engineering $5,000b $5,000 <br />4DEVELOPMENT FEES <br />A. Park Dedication Fee $2175/acred $2,697 <br />B. Park Dedication Credit <br />C. Sealcoating Fee$0.30/SFb <br />D. Aerial Photo Fee90/unitb $90 <br />5BOULEVARD TREE PLANTING$465/treeb <br />6DEVLOPMENT SECURITIES <br />A. Tree Preservation 95/unitb $0 <br />B. Street Lighting - installation$2,500a $0 <br />C. Street Lighting - operation$265 $0 <br />D. Traffic Signing $500a $0 <br />E. Street, Storm Sewer, Pond Maint.b $1,000 <br />SUBTOTAL:$0$0$27,060$2,787 <br />Grading Only Escrow Credit $0$0 <br />TOTALS:$27,060$2,787 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />W = PRIVATE IMPROVEMENT COSTS X 0.35 (LETTER OF CRE DIT)$70,000$0$70,000 <br />X = PUBLIC IMPROVEMENT COSTS X 1.5 (LETTER OF CREDI T)$0$0$0 <br />Y = CITY ESCROW COSTS X 1.0 (CASH ESCROW)$0$27,060$27,060 <br />Z = CITY FEES X 1.0 (CASH FEE)$6,050$2,787$8,837 <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