11-26-2018 Council Meeting Packet

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11 Tax Increment Financing or Tax Abatement $7,500 Vacation (Street, Utility, Drainage) $1,000 Variance or appeal $750 Zoning Confirmation Letter $30 *An escrow account shall be established as indicated above to cover all expenses incurred by the City as part of the plan review. In the case of applications including multiple requests the highest escrow deposit amount will be the only one initially required. The applicant is responsible for all costs incurred by the City during plan review. If the escrow account drops below 10% of the original deposit amount the City will require the submittal of an additional escrow deposit sufficient to cover any anticipated expenses. Upon City determination that the project is complete or expired, the City will return the remaining escrow deposit to the applicant. DEVELOPMENT FEES GIS Mapping Fee $90.00 per lot Park Dedication – Commercial / Industrial $2,400 per acre Park Dedication - Residential $3,000 per unit Street Sealcoating $0.345 36 per square foot Tree Preservation Mitigation Fee $300.00 per tree Street Lighting Operation Fee (New Development) $105 per light ($7/mo/light x 15 months) ENGINEERING Flood Plain Elevation Certificate $200.00 Fee Elevation Certificate Survey Add’l $1,000.00 Escrow Deposit Digital Contour Mapping $800 per ½ Section Increment STAFF TIME Staff time for chargeable event/projects shall be charged as the employee’s hourly rate of pay plus benefits plus calculated overhead costs (when applicable). Overtime will be charged at 1.5 times the calculated hourly rate. LATE FEE Late penalty fee: a late charge of 10% or $25.00, whichever is greater, will be charged for fees not paid when due. Section 2. Effective Date of Ordinance. This ordinance shall be in force and effect from and after its passage and publication according to the Lino Lakes City Charter. Adopted by the Lino Lakes City Council this 26th day of November, 2018. Jeff Reinert, Mayor ATTEST: Julianne Bartell, City Clerk