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10/ 28/ 2019 <br />EXHIBIT C <br />Securities, Escrows & Fees <br />PROJECT: Watermark 2nd Addition NUMBER OF REU's:57 <br />APPLICANT: US Home Corporation & Mattamy Minneapolis <br />IMPROVEMENTS COST <br />DEVELOPER IMPROVEMENT COSTS (Public) <br />SITE GRADING $285,500 <br />EROSION CONTROL $11,000 <br />LANDSCAPING $146,790 <br />TRAIL $76,650 <br />STREETS $542,442 <br />STORM SEWER CONST.$311,933 <br />SANITARY SEWER CONST.$311,528 <br />WATERMAIN CONST.$268,673 <br />ENGINEERING & SURVEYING $58,635 <br />Total $2,013,151 <br />Letter of Credit Amount X 150%$3,019,727 <br />ESCROW for CITY'S COSTS <br />PLANNING/ REVIEW $6,700 <br />ADMINISTRATION $60,400 <br />ENGINEER PLAN REVIEW $40,270 <br />ENGINEER CONSTRUCTION SERVICES $120,790 <br />PROJECT FINAL DOCUMENTS & CITY ENGINEER $5,000 <br />STREET LIGHT INSTALLATION $12,500 <br />STREET & STORMWATER MAINTENANCE $5,000 <br />PROPERTY TAXES $0 <br />TRAFFIC AND SIGNING IMPROVEMENTS $4,000 <br />BOULEVARD TREE PLANTING $0 <br />Total $254,660 <br />DEVELOPMENT FEES <br />PARK DEDICATION $171,000 <br />PARK DEDICATION CREDIT ($3,900) <br />Subtotal Park Dedication Fee $167,100 <br />AUAR $0 <br />SEAL COATING FEE $28,800 <br />GIS MAPPING FEE $5,130 <br />STREET LIGHTING OPERATION $525 <br />Total $201,555 <br />TRUNK SANITARY SEWER <br /> TRUNK CHARGE PER (ACRE OR UNIT)$89,661 <br /> AVAILABILITY CHARGE PER SAC UNIT $83,847 <br /> TRUNK SANITARY SEWER CREDIT $0 <br />TRUNK WATERMAIN <br /> TRUNK CHARGE PER (ACRE OR UNIT)$128,763 <br /> AVAILABILITY CHARGE PER SAC UNIT $80,997 <br /> TRUNK WATERMAIN CREDIT ($22,296) <br />TOTAL TRUNK SEWER & WATER FEES $360,972 <br />Letter of Credit Amount X 35% $126,340 <br />SURFACE WATER MANAGEMENT $140,795 <br />SURFACE WATER MANAGEMENT CREDIT $0 <br />TOTAL SURFACE WATER MANAGEMENT FEES $140,795 <br />SUMMARY OF SECURITIES, ESCROW & FEES <br />SECURITY: DEVELOPER IMP'MENT COSTS $3,019,727 <br />ESCROW FOR CITY COSTS $254,660 <br />DEVELOPMENT FEES $342,350 <br />SECURITY: TRUNK FEES $126,340