05-11-2020 Council Packet - Laserfiche WebLink

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5/1/2020 EXHIBIT D Securities, Escrows & Fees PROJECT: Watermark 3rd Addition Phase 3B NUMBER OF REU's (utility):111 APPLICANT: US Home Corporation NUMBER OF REU's (park):0 IMPROVEMENTS COST DEVELOPER IMPROVEMENT COSTS (Public) SITE GRADING $0 EROSION CONTROL $11,000 LANDSCAPING $145,000 TRAIL $0 STREETS $812,568 STORM SEWER CONST.$277,710 SANITARY SEWER CONST.$771,411 WATERMAIN CONST.$370,350 ENGINEERING & SURVEYING $45,000 Total $2,433,039.00 Letter of Credit Amount X 150%$3,649,558.50 ESCROW for CITY'S COSTS PLANNING/ REVIEW $3,800 ADMINISTRATION $73,000 ENGINEER PLAN REVIEW $24,330 ENGINEER CONSTRUCTION SERVICES $85,156 PROJECT FINAL DOCUMENTS & CITY ENGINEER $5,000 STREET LIGHT INSTALLATION $15,000 STREET & STORMWATER MAINTENANCE $5,000 PROPERTY TAXES $0 TRAFFIC AND SIGNING IMPROVEMENTS $2,400 BOULEVARD TREE PLANTING $0 Total $213,686 DEVELOPMENT FEES PARK DEDICATION $0 PARK DEDICATION CREDIT $0 Subtotal Park Dedication Fee $0 AUAR $0 SEAL COATING FEE $36,630 GIS MAPPING FEE $9,990 STREET LIGHTING OPERATION $720 Total $47,340 TRUNK SANITARY SEWER TRUNK CHARGE PER (ACRE OR UNIT)$178,266 AVAILABILITY CHARGE PER SAC UNIT $166,722 TRUNK SANITARY SEWER CREDIT ($294,559) TRUNK WATERMAIN TRUNK CHARGE PER (ACRE OR UNIT)$255,966 AVAILABILITY CHARGE PER SAC UNIT $161,061 TRUNK WATERMAIN CREDIT ($6,691) TOTAL TRUNK SEWER & WATER FEES $460,765 Letter of Credit Amount X 35% $161,268 SURFACE WATER MANAGEMENT $274,179 SURFACE WATER MANAGEMENT CREDIT $0 TOTAL SURFACE WATER MANAGEMENT FEES $274,179 SUMMARY OF SECURITIES, ESCROW & FEES SECURITY: DEVELOPER IMP'MENT COSTS $3,649,558.50 ESCROW FOR CITY COSTS $213,686.00 DEVELOPMENT FEES $321,519.00 SECURITY: TRUNK FEES $161,268.00