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8/3/2022
<br />EXHIBIT B
<br />Securities, Escrows & Fees
<br />PROJECT: WATERMARK 5TH ADDITION NUMBER OF REU's:97
<br />APPLICANT: US HOME CORPORATION NO. OF LOT FRONTAGES 103
<br />AREA (ACRES):27.8
<br />IMPROVEMENTS COST
<br />DEVELOPER IMPROVEMENT COSTS (Private)
<br />SITE GRADING $11,975
<br />EROSION CONTROL $1,500
<br />LANDSCAPING $73,980
<br />PARKING LOT $97,565
<br />STORM SEWER CONST.$21,550
<br />SANITARY SEWER CONST.$4,000
<br />WATERMAIN CONST.$17,000
<br />LIGHTING $1,500
<br />Total $229,070
<br />Letter of Credit Amount X 35%$80,175
<br />DEVELOPER IMPROVEMENT COSTS (Public)
<br />SITE GRADING $0
<br />EROSION CONTROL $19,000
<br />LANDSCAPING $130,000
<br />TRAIL $7,500
<br />STREETS $1,454,255
<br />STORM SEWER CONST.$534,955
<br />SANITARY SEWER CONST.$725,000
<br />WATERMAIN CONST.$578,600
<br />ENGINEERING & SURVEYING $34,493
<br />Total $3,483,803
<br />Letter of Credit Amount X 150%$5,225,705
<br />ESCROW for CITY'S COSTS
<br />PLANNING/ REVIEW $0
<br />ADMINISTRATION $104,520
<br />ENGINEER PLAN REVIEW $3,000
<br />ENGINEER CONSTRUCTION SERVICES $92,822
<br />PROJECT FINAL DOCUMENTS & CITY ENGINEER $5,500
<br />STREET LIGHT INSTALLATION $24,000
<br />STREET & STORMWATER MAINTENANCE $3,000
<br />PROPERTY TAXES $0
<br />TRAFFIC AND SIGNING IMPROVEMENTS $0
<br />BOULEVARD TREE PLANTING $0
<br />Total $232,842
<br />DEVELOPMENT FEES
<br />PARK DEDICATION $306,520
<br />PARK DEDICATION CREDIT ($46,940)
<br />Subtotal Park Dedication Fee $259,580
<br />AUAR $7,484
<br />GIS MAPPING FEE $8,730
<br />STREET LIGHTING OPERATION $1,040
<br />Total $276,834
<br />TRUNK SANITARY SEWER
<br /> TRUNK CHARGE PER (ACRE OR UNIT)$158,110
<br /> AVAILABILITY CHARGE PER SAC UNIT $147,925
<br /> TRUNK SANITARY SEWER CREDIT ($110,040)
<br />TRUNK WATERMAIN
<br /> TRUNK CHARGE PER (ACRE OR UNIT)$227,077
<br /> AVAILABILITY CHARGE PER SAC UNIT $142,881
<br /> TRUNK WATERMAIN CREDIT ($49,490)
<br />TOTAL TRUNK SEWER & WATER FEES $516,463
<br />SURFACE WATER MANAGEMENT $0
<br />SURFACE WATER MANAGEMENT CREDIT $0
<br />TOTAL SURFACE WATER MANAGEMENT FEES $0
<br />Total $516,463
<br />Letter of Credit Amount X 35% $180,762
<br />SUMMARY OF SECURITIES, ESCROW & FEES
<br />SECURITY: DEVELOPER IMP'MENT COSTS $5,305,880
<br />ESCROW FOR CITY COSTS $232,842
<br />DEVELOPMENT FEES $276,834
<br />SECURITY: TRUNK FEES $180,762
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