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5-15-2013 ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />PROJECT NAME:The Village No. 5 NUMBER OF REU's:12 <br />APPLICANT:Lino Lakes Lodging ASSESSED AREA (ac.):1.25 <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 $1,000 b $1,000 <br />B. Planner Review Fee $1,000 b $1,000 <br />2 ADMINISTRATION <br />A. Legal $1,250 a $1,250 <br />B. Administration Fee 3% of const.b $0 <br />C. Publications $0 b $0 <br />3 ENGINEERING <br />A. Plan/Plat/Grading Review $2,500 b $2,500 <br />B. Construction Services $5,000 b $5,000 <br />C. Construction Staking $0 b $0 <br />D. City Engineering $2,500 b $2,500 <br />4 DEVELOPMENT FEES <br />A. Park Dedication Fee $2175/acre d $0 $2,719 <br />B. Park Dedication Credit $0 $0 <br />C. Sealcoating Fee $0.30/SF b $0 $0 <br />D. Aerial Photo Fee 90/unit b $90 $0 <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 $14,340 $2,719 <br />Grading Only Escrow Credit $0 <br />TOTALS:$14,340 $2,719 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />W = PRIVATE IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT)$115,000 $0 $115,000 <br />X = PUBLIC IMPROVEMENT COSTS X 1.2 (LETTER OF CREDIT)$58,200 $0 $58,200 <br />Y = CITY ESCROW COSTS X 1.0 (CASH ESCROW)$0 $14,340 $14,340 <br />Z = CITY FEES X 1.0 (CASH FEE)$81,180 $2,719 $83,899 <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