02-11-2019 Council Packet - Laserfiche WebLink

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2/ 11 /2019 EXHIBIT C Securities, Escrows & Fees PROJECT: Main Street Shoppes 2nd Addition PLAT AREA (Acre): 1.4 APPLICANT: CM Properties 14, LLC IMPROVEMENTS COST DEVELOPER IMPROVEMENT COSTS (Private) SITE GRADING $33,300 EROSION CONTROL $3,500 LANDSCAPING $20,000 PARKING LOT $37,500 STORM SEWER CONST. $15,800 SANITARY SEWER CONST. $2,000 WATERMAIN CONST. $16,550 LIGHTING $16,000 Total $144,650 Letter of Credit Amount X 35% $50,628 DEVELOPER IMPROVEMENT COSTS (Public) ROADWAY AND SIDEWALK $30,000 EROSION CONTROL $2,000 LANDSCAPING $1,500 STORM SEWER CONST. $15,800 SANITARY SEWER CONST. $12,200 WATERMAIN CONST. $16,550 ENGINEERING & SURVEYING $3,500 Total $81,550 Letter of Credit Amount X 150% $122,325 ESCROW for CITY'S COSTS ADMINISTRATION $6,790 ENGINEER PLAN REVIEW $1,500 ENGINEER CONSTRUCTION SERVICES $13,580 PROJECT FINAL DOCUMENTS & CITY ENGINEER $3,500 STREET LIGHT INSTALLATION $0 STREET & STORMWATER MAINTENANCE $1,500 PROPERTY TAXES $0 TRAFFIC AND SIGNING IMPROVEMENTS $500 BOULEVARD TREE PLANTING $0 Total $27,370 DEVELOPMENT FEES PARK DEDICATION $3,240 PARK DEDICATION CREDIT $0 Subtotal Park Dedication Fee $3,240 AUAR $363 SEAL COATING FEE $0 GIS MAPPING FEE $90 STREET LIGHTING OPERATION $0 Total $3,693 TRUNK SANITARY SEWER TRUNK CHARGE PER ACRE $6,200.77 AVAILABILITY CHARGE PER SAC UNIT Collect w/ Building Permit TRUNK SANITARY SEWER CREDIT $0 TRUNK WATERMAIN TRUNK CHARGE PER ACRE $8,904.98 AVAILABILITY CHARGE PER SAC UNIT Collect w/ Building Permit TRUNK WATERMAIN CREDIT $0 TOTAL TRUNK SEWER & WATER FEES $15,106 SURFACE WATER MANAGEMENT SURFACE WATER MANAGEMENT CREDIT TOTAL SURFACE WATER MANAGEMENT FEES $14,425 $0 $14,425 Total $29,531 SUMMARY OF SECURITIES, ESCROW & FEES SECURITY: DEVELOPER IMP'MENT COSTS ESCROW FOR CITY COSTS DEVELOPMENT FEES SECURITY: TRUNK FEES $172,953 $27,370 $3,693 $29,531