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8/3/2020
<br />EXHIBIT C
<br />Securities, Escrows & Fees
<br />PROJECT: NATURE'S REFUGE NUMBER OF REU's:61
<br />APPLICANT: PREFERRED BUILDERS, INC.NO. OF LOT FRONTAGES 84
<br />AREA IN ACRES:37
<br />IMPROVEMENTS COST
<br />DEVELOPER IMPROVEMENT COSTS (Public)
<br />SITE GRADING $558,500
<br />EROSION CONTROL $142,000
<br />LANDSCAPING $177,010
<br />TRAIL $55,000
<br />STREETS $755,175
<br />STORM SEWER CONST.$461,277
<br />SANITARY SEWER CONST.$405,130
<br />WATERMAIN CONST.$513,612
<br />ENGINEERING & SURVEYING $61,354
<br />Total $3,129,058
<br />Letter of Credit Amount X 150%$4,693,587
<br />ESCROW for CITY'S COSTS
<br />PLANNING/ REVIEW $1,500
<br />ADMINISTRATION $93,880
<br />ENGINEER PLAN REVIEW $2,200
<br />ENGINEER CONSTRUCTION SERVICES $93,872
<br />PROJECT FINAL DOCUMENTS & CITY ENGINEER $2,500
<br />STREET LIGHT INSTALLATION $15,000
<br />STREET & STORMWATER MAINTENANCE $2,500
<br />PROPERTY TAXES $0
<br />TRAFFIC AND SIGNING IMPROVEMENTS $5,400
<br />BOULEVARD TREE PLANTING $40,740
<br />Total $257,592
<br />DEVELOPMENT FEES
<br />PARK DEDICATION $192,150
<br />PARK DEDICATION CREDIT ($55,000)
<br />Subtotal Park Dedication Fee $137,150
<br />AUAR $0
<br />SEAL COATING FEE $0
<br />GIS MAPPING FEE $7,560
<br />STREET LIGHTING OPERATION $720
<br />Total $145,430
<br />TRUNK SANITARY SEWER
<br /> TRUNK CHARGE PER UNIT $97,966
<br /> AVAILABILITY CHARGE PER SAC UNIT $91,622
<br /> TRUNK SANITARY SEWER CREDIT ($128,500)
<br />TRUNK WATERMAIN
<br /> TRUNK CHARGE PER UNIT $140,666
<br /> AVAILABILITY CHARGE PER SAC UNIT $88,511
<br /> TRUNK WATERMAIN CREDIT ($147,000)
<br />TOTAL TRUNK SEWER & WATER FEES $143,265
<br />SURFACE WATER MANAGEMENT $270,766
<br />SURFACE WATER MANAGEMENT CREDIT $0
<br />TOTAL SURFACE WATER MANAGEMENT FEES $270,766
<br />Total $414,031
<br />Letter of Credit Amount X 35% $144,911
<br />SUMMARY OF SECURITIES, ESCROW & FEES
<br />SECURITY: DEVELOPER IMP'MENT COSTS $4,693,587
<br />ESCROW FOR CITY COSTS $257,592
<br />DEVELOPMENT FEES $145,430
<br />SECURITY: TRUNK FEES $144,911
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