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7/21/2021
<br />EXHIBIT C
<br />Securities, Escrows & Fees
<br />PROJECT: LYNGBLOMSTEN NUMBER OF REU's:114
<br />APPLICANT: COMMERCIAL (ACRE)5.37
<br />OVERALL SITE (ACRE)21.02
<br />IMPROVEMENTS COST
<br />DEVELOPER IMPROVEMENT COSTS (Private)
<br />SITE GRADING $1,900,718
<br />EROSION CONTROL $100,484
<br />LANDSCAPING $464,149
<br />PARKING LOT - PAVING & RETAINING WALLS $280,309
<br />PARKING LOT - SITE CONCRETE $81,926
<br />PRIVATE ROAD - (TOWNHOMES) - PAVING & SIGNS $119,160
<br />PRIVATE ROAD - (TOWNHOMES) - SITE CONCRETE $109,908
<br />SIDEWALKS $35,212
<br />STORM SEWER CONST.$734,939
<br />SANITARY SEWER & WATER CONST.$157,477
<br />PARKING LOT & PRIVATE ROAD LIGHTING $25,000
<br />ENGINEERING AND SURVEYING $47,107
<br />Total $4,056,389
<br />Letter of Credit Amount X 35%$1,419,736
<br />DEVELOPER IMPROVEMENT COSTS (Public)
<br />SITE GRADING $120,952
<br />EROSION CONTROL $17,717
<br />LANDSCAPING $25,300
<br />TRAIL PAVEMENT $47,210
<br />TRAIL ENGINEERING & SURVEY $4,640
<br />STREETS GATEWAY DR PAVING $157,060
<br />STREETS SITE CONCRETE $183,249
<br />TURN LANE CONST.$902,000
<br />STORM SEWER CONST.$672,875
<br />SANITARY SEWER CONST.$1,109,674
<br />WATERMAIN CONST.$693,554
<br />ENGINEERING & SURVEYING $15,253
<br />Total $3,949,484
<br />Letter of Credit Amount X 125%$4,936,855
<br />ESCROW for CITY'S COSTS
<br />ADMINISTRATION $118,485
<br />ENGINEER PLAN REVIEW $16,200
<br />ENGINEER CONSTRUCTION SERVICES $126,383
<br />PROJECT FINAL DOCUMENTS & CITY ENGINEER $5,500
<br />STREET LIGHT INSTALLATION $15,000
<br />STREET & STORMWATER MAINTENANCE $5,000
<br />PROPERTY TAXES $0
<br />TRAFFIC AND SIGNING IMPROVEMENTS $3,500
<br />BOULEVARD TREE PLANTING $0
<br />Total $290,068
<br />DEVELOPMENT FEES
<br />PARK DEDICATION $376,665
<br />PARK DEDICATION CREDIT $0
<br />Subtotal Park Dedication Fee $376,665
<br />AUAR $5,654
<br />GIS MAPPING FEE $2,430
<br />STREET LIGHTING OPERATION $630
<br />Total $385,379
<br />TRUNK SANITARY SEWER
<br /> TRUNK CHARGE PER ACRE $211,379
<br /> AVAILABILITY CHARGE PER SAC UNIT $173,850
<br /> TRUNK SANITARY SEWER CREDIT ($140,922)
<br />TRUNK WATERMAIN
<br /> TRUNK CHARGE PER ACRE $303,582
<br /> AVAILABILITY CHARGE PER SAC UNIT $167,922
<br /> TRUNK WATERMAIN CREDIT ($150,960)
<br />TOTAL TRUNK SEWER & WATER FEES $564,851
<br />SURFACE WATER MANAGEMENT $210,717
<br />SURFACE WATER MANAGEMENT CREDIT $0
<br />TOTAL SURFACE WATER MANAGEMENT FEES $210,717
<br />Total $775,568
<br />SUMMARY OF SECURITIES, ESCROW & FEES
<br />SECURITY: DEVELOPER IMP'MENT COSTS $6,356,591
<br />ESCROW FOR CITY COSTS $290,068
<br />DEVELOPMENT FEES $385,379
<br />SECURITY: TRUNK FEES $775,568
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