03-27-2023 City Council Packet - Laserfiche WebLink

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399 Elm Street (Centennial Middle School) Site Performance Agreement page 2 of 12 Such improvements shall be completed in accordance with Section IV herein. B.Cost Estimates. The Developer shall provide the City with a written estimate of all applicable costs of the On-Site Work, itemized by type; the estimates shall be based upon the actual estimates provided by the contractors who are to do the Work. Said cost estimates shall be reviewed by the City, and the City shall establish the actual amount of the financial guarantee. The description and estimated cost of Developer's On-Site Work are as follows: Description of Improvements Estimated Costs 1. Lighting $ 30,000.00 2. Fences / Screen Structures $ 98,000.00 3. Trash Disposal Structures $ 0.00 4. Curbing / Islands / Delineators $ 44,000.00 5. Storm Drainage Systems / Sewers / Catch Basins / Culverts / Swales $ 44,000.00 6. Public Trails and / or Sidewalk $ 0.00 7. Private Trails and / or Sidewalk $ 47,000.00 8. Driveway / Curb cut / Parking Lot / Fire Lane $ 192,000.00 9. Water mains / Hydrants / Sanitary Sewers $ 0.00 10. Landscaping $ 36,000.00 11. Site Grading $ 36,000.00 12. Erosion Control $ 10,000.00 Total Estimated Cost of Developer Improvements $ 537,000.00 Security Requirement (Total * 35%) $ 187,950.00 III.DEVELOPER FEES. A.Trunk Sanitary 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. There are no trunk fees due for this property. Trunk Charge The trunk charge shall be paid at the time of subdivision approval or at the time of hook-up, whichever is first. The Sanitary Sewer Trunk Charge is $1,630.00 per unit. Commercial/Industrial/Institutional (CII) trunk charges are based on a factor of 2.92 units per acre. There are no trunk fees due for