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IV <br />financial guarantee. The Description of and estimated Costs of <br />Developer's Off -Site Work is as follows: <br />Description of Improvements Estimated Costs <br />1. SIB Right Turn Lane (Otter Lake Road) $180,000 <br />Total Estimated Cost of Developer $180,000 <br />Improvements <br />Security Requirement (Total * 125%) $225,000 <br />DEVELOPER FEES. <br />0 <br />I: <br />Trunk Sanitary Sewer Connection Fees <br />The City established trunk utility connection fees to uniformly distribute the <br />costs of public trunk sanitary sewer infrastructure. The Trunk Utility <br />Connection Fee consists of two components; a Trunk Charge and an <br />Availability Charge. <br />Trunk Charge <br />The trunk charge shall be paid at the time of subdivision approval or at the <br />time of hook-up, whichever is first. The Sanitary Sewer Trunk Charge is <br />$1,801.00 per unit. Commercial/Industrial/Institutional (CII) trunk charges <br />are based on a factor of 2.92 units per acre. <br />Availability Charge <br />For residential properties, the availability charge shall be paid at the time <br />of subdivision approval or at the time of hook-up, whichever is first. <br />Commercial/Industrial/Institutional availability charges shall be paid at the <br />time of building permit. Fees are based on the number of sanitary access <br />charge (SAC) units assigned by Metropolitan Council Environmental <br />Services (MCES). <br />City Sewer (CSAC) $1,686.00 Per SAC Unit <br />Trunk sewer unit charges addressed under this paragraph are in addition <br />to any SAC charges imposed by Metropolitan Council Environmental <br />Services. <br />Trunk Water Connection Fees <br />The City established trunk utility connection fees to uniformly distribute the <br />costs of public trunk water infrastructure. The Trunk Utility Connection <br />Ad Site Performance Agreement page 4 of 14 <br />