05-11-2020 Council Packet - Laserfiche WebLink

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Watermark 3rd Addition Development Agreement May 11, 2020 page 8 c. Sealcoating. The Developer will pay the cost of sealcoating the streets within the development at a cost of $73,260. The sealcoating will be completed within three to seven years following completion of the wear course placement. d. GIS Mapping Fees e. Trunk Sewer Connection Fees The City established trunk utility connection fees to uniformly distribute the costs of public trunk sanitary sewer infrastructure. The Trunk Utility Connection Fee consists of two components; a Trunk Charge and an Availability Charge. Trunk Charge The trunk charge for Phase 3Ashall be paid at the time of subdivision approval or at the time of hook-up, whichever is first. The trunk charge for Phase 3B shall be paid prior to any work on Phase 3B. Residential trunk charges are based on one unit per dwelling unit. Commercial/Industrial/Institutional (CII) trunk charges are based on a factor of 2.92 units per acre. Sanitary Sewer $1,606.00 Per Unit Availability Charge For residential properties, the availability charge for Phase 3Ashall be paid at the time of subdivision approval or at the time of hook-up, whichever is first. The availability charge for Phase 3B shall be paid prior to any work on Phase 3B. Commercial/Industrial/Institutional availability charges shall be paid at the time of building permit. Fees are based on the number of sanitary access charge (SAC) units assigned by Metropolitan Council Environmental Services (MCES). Residential uses shall be assigned one unit per dwelling unit unless otherwise noted by MCES. City Sewer (CSAC) $1,502.00 Per SAC Unit Trunk sewer unit charges addressed under this paragraph are in addition to any SAC charges imposed by Metropolitan Council Environmental Services. An estimate of the total charge and the trunk utility credit for de veloper installed trunk oversizing is specified in Exhibit C. f. Trunk Water Connection Fees