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ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />PROJECT NAME: Turnberry Crossing NUMBER OF REU's: 23 <br />APPLICANT: Bison Development, Inc. ASSESSED AREA (ac.): 4.05 <br />BUDGET DEVELOPER CITY ESCROW <br />ITEM NECESSARY IMPROVEMENTS COST NOTE IMP. (X) IMP. (Y) AMOUNT (Z) <br />1 PLANNING /REVIEW <br />A. Plat Review Fee $2,500 b $2,500 <br />B. Planner Review Fee $2,500 b $2,500 <br />2 ENGINEERING <br />A. Plan /Plat/Grading Review $5,000 b 55,000 <br />B. Preparation of Plans & Specs. $0 b 30 <br />C. Construction Services 522,500 b $22,500 <br />D. Construction Staking 30 b $0 <br />E. City Engineering $12,500 b 512,500 <br />3 ADMINISTRATION <br />A. Administration Fee - 3% of const. 3% of const. a $6,200 <br />B. Legal $1,000 b $1,000 <br />C. Publications $1,000 b $1,000 <br />4 DEVELOPMENT FEES <br />A. Park Dedication $25,000 d 325,000 <br />B. Sealcoating Fee private a 30 <br />C. Aerial Photo Fee 90 /unit a 32,070 <br />5 BOULEVARD TREE PLANTING 400 /frontage b $4,000 <br />6 DEVELOPMENT SECURITIES <br />A. Tree Preservation 80 /unit b 3800 <br />B. Street Lighting - installation $0 b $0 <br />C. Street Lighting - operation 30 b $0 <br />D. Traffic Signing 30 b 30 <br />E. Street, St. Swr., Pond Maint. $930 b $280 <br />F. Other - Property Tax, FEMA 50 b $0 <br />TOTALS: $0 $0 $86,000 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />X = DEV. IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT) $400,000 $0 $400,000 <br />Y = CITY IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT) $36,000 30 $36,000 <br />Z = CITY FEE COSTS X 1.0 CASH ESCROVL <br />( ) 30 $86,000 386,000 <br />NOTE a: Cost by City policy <br />b: Estimated Cost or Budget by City <br />c: Previously Assessed <br />d: Cash Requirement per Agreement with Park Board <br />e: Provided by Developer <br />f: Estimate by Feasibility Study <br />3/21/2005 <br />- 41 - <br />Attachments 3- 25- OS.xls <br />