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06-28-2021 Council Packet
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06-28-2021 Council Packet
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11/4/2021 10:53:20 AM
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City Council
Council Document Type
Council Packet
Meeting Date
06/28/2021
Council Meeting Type
Regular
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LinoExch321 LLC Site Performance Agreement page 2 of 10 <br /> <br />Such improvements shall be completed in accordance with Section IV <br />herein. <br /> <br />B. Cost Estimates. The Developer shall provide the City with a written <br />estimate of all applicable costs of the On-Site Work, itemized by type; the <br />estimates shall be based upon the actual estimates provided by the <br />contractors who are to do the Work. Said cost estimates shall be reviewed <br />by the City, and the City shall establish the actual amount of the financial <br />guarantee. The description and estimated cost of Developer's On-Site <br />Work are as follows: <br /> <br /> Description of Improvements Estimated Costs <br />1. Lighting $0* <br />2. Fences / Screen Structures $ 1,200.00 <br />3. Trash Disposal Structures $ 26,938.00 <br />4. Curbing / Islands / Delineators $0* <br />5. Storm Drainage Systems / Sewers / Catch Basins / <br />Culverts / Swales $0* <br />6. Public Trails and / or Sidewalk $0* <br />7. Private Trails and / or Sidewalk $0* <br />8. Driveway / Curb cut / Parking Lot / Fire Lane $0* <br />9. Water mains / Hydrants / Sanitary Sewers $0* <br />10. Landscaping $ 48,058.00 <br />11. Site Grading $0* <br />12. Erosion Control $0* <br /> Total Estimated Cost of Developer Improvements $ 76,196.00 <br /> Security Requirement (Total * 35%) $ 26,668.60 <br /> <br />*Previously collected through Otter Crossing Development Agreement <br /> <br />III. DEVELOPER FEES. <br /> <br />A. Trunk Sanitary Sewer Connection Fees <br />The City established trunk utility connection fees to uniformly distribute <br />the costs of public trunk sanitary sewer infrastructure. The Trunk Utility <br />Connection Fee consists of two components; a Trunk Charge and an <br />Availability Charge. <br /> <br />Trunk Charge <br /> <br />The trunk charge shall be paid at the time of subdivision approval or at the
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