03/14/2005 Council Packet - Laserfiche WebLink

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ATTACHMENT B CITY FEES DEVELOPER INSTALLED IMPROVEMENTS PROJECT NAME: APPLICANT: Century Farm North 3rd Addition NUMBER OF REU's: 52 Century Farm North Development, Inc. ASSESSED AREA (ac.): 14.83 ITEM NECESSARY IMPROVEMENTS 1 PLANNING /REVIEW A. Plat Review Fee $2,500 b B. Planner Review Fee $2,500 b 2 ENGINEERING A. Plan /Plat/Grading Review $12,500 b B. Preparation of Plans & Specs. $0 b C. Construction Services $60,000 b D. Construction Staking $0 b E. City Engineering $25,000 b 3 ADMINISTRATION A. Administration Fee - 3% of coast. 3% of coast. a B. Legal $1,000 b C. Publications $1,000 b 4 DEVELOPMENT FEES A. Park Dedication $1,665 d B. Sealcoating Fee a C. Aerial Photo Fee 90 /unit a 5 BOULEVARD TREE PLANTING 400 /frontage b 6 DEVELOPMENT SECURITIES A. Tree Preservation 80 /frontage b B. Street Lighting - installation $2,000 b C. Street Lighting - operation $225 b D. Traffic Signing $3,000 b E. Street, St. Swr., Pond Maint. b F. Other - Property Tax, FEMA b TOTALS: BUDGET DEVELOPER CITY ESCROW COST NOTE IMP. (X) IMP. (Y) AMOUNT (Z) Total SECURITY AMOUNTS TO BE POSTED X = DEV. IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT) Y = CITY IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT) Z = CITY FEE COSTS X 1.0 (CASH ESCROW) NOTE a: Cost by City policy b: Estimated Cost or Budget by City c: Previously Assessed d: Cash Requirement per Agreement with Park Board e: Provided by Developer f: Estimate by Feasibility Study 3/7/2005 - 7 8 - $2,500 $2,500 $12,500 $0 $60,000 $o $25,000 $15,800 $1,000 $1,000 $0 $16,150 $4,680 see Item 4, Att. A see Item 4, Att. A $8,000 $900 $3,000 $4,470 $0 $0 $0 $157,500 Att. A Att. B Total $952,500 $0 $952,500 $47,500 $0 $47,500 $0 $157,500 $157,500 attachments 3- 14- 05.x1s