05-10-2021 Council Packet - Laserfiche WebLink

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5/5/2021 EXHIBIT B Securities, Escrows & Fees PROJECT: Otter Crossing APPLICANT: Blino, LLC Plat Area (Acre)5.8 IMPROVEMENTS COST DEVELOPER IMPROVEMENT COSTS (Private) SITE GRADING & RESTORATION $107,227 EROSION CONTROL $7,006 LANDSCAPING $0 PRIVATE ROAD AND PARKING LOT $86,551 STORM SEWER CONST.$29,924 SANITARY SEWER CONST.$7,992 WATERMAIN CONST.$11,110 LIGHTING $15,000 Total $264,810 Letter of Credit Amount X 35%$92,684 DEVELOPER IMPROVEMENT COSTS (Public) SITE GRADING & RESTORATION $71,485 EROSION CONTROL $7,006 TRAIL $9,114 STREETS $269,999 SIGNAL IMPROVMENTS $35,000 STORM SEWER CONST.$80,139 SANITARY SEWER CONST.$40,709 WATERMAIN CONST.$56,437 ENGINEERING & SURVEYING $8,500 Total $578,389 Letter of Credit Amount X 150%$867,584 ESCROW for CITY'S COSTS PLANNING/ REVIEW $1,500 ADMINISTRATION $17,360 ENGINEER PLAN REVIEW $2,500 ENGINEER CONSTRUCTION SERVICES $17,352 PROJECT FINAL DOCUMENTS & CITY ENGINEER $3,500 STREET LIGHT INSTALLATION $0 STREET & STORMWATER MAINTENANCE $1,500 PROPERTY TAXES $0 TRAFFIC AND SIGNING IMPROVEMENTS $0 BOULEVARD TREE PLANTING $0 Total $43,712 DEVELOPMENT FEES PARK DEDICATION $3,679 PARK DEDICATION CREDIT ($9,114) Subtotal Park Dedication Fee $0 AUAR $1,560 GIS MAPPING FEE $90 STREET LIGHTING OPERATION $0 Total $1,650 TRUNK SANITARY SEWER TRUNK CHARGE PER (ACRE OR UNIT)$27,606 AVAILABILITY CHARGE PER SAC UNIT Collect w/ Building Permit TRUNK SANITARY SEWER CREDIT $0 TRUNK WATERMAIN TRUNK CHARGE PER (ACRE OR UNIT)$39,647 AVAILABILITY CHARGE PER SAC UNIT Collect w/ Building Permit TRUNK WATERMAIN CREDIT $0 TOTAL TRUNK SEWER & WATER FEES $67,253 SURFACE WATER MANAGEMENT $64,223 SURFACE WATER MANAGEMENT CREDIT $0 TOTAL SURFACE WATER MANAGEMENT FEES $64,223 Total $131,476 Letter of Credit Amount X 35% $46,017 SUMMARY OF SECURITIES, ESCROW & FEES SECURITY: DEVELOPER IMP'MENT COSTS $960,268 ESCROW FOR CITY COSTS $43,712 DEVELOPMENT FEES $1,650 SECURITY: TRUNK FEES $131,476