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ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />PROJECT NAME: Highland Meadows East 2nd Addition NUMBER OF REU's: 18 <br />APPLICANT: TSM Development ASSESSED AREA (ac.): 3.47 <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 $0 b $5,000 <br />B. Preparation of Plans & Specs. $0 b $0 <br />C. Construction Services $0 b $15,000 <br />D. Construction Staking $0 b $0 <br />E. City Engineering $0 b $7,500 <br />3 ADMINISTRATION <br />A. Administration Fee - 3% of const. 3% of const. a $5,550 <br />B. Legal $1,000 b $1,000 <br />C. Publications $1,000 b $1,000 <br />4 DEVELOPMENT FEES <br />A. Park Dedication 1665 /each d $29,970 <br />B. Sealcoating Fee a . $0 <br />C. Aerial Photo Fee 90 /unit a $1,620 <br />5 BOULEVARD TREE PLANTING b $0 <br />6 DEVELOPMENT SECURITIES <br />A. Tree Preservation 80 /unit b $0 <br />B. Street Lighting - installation $2,000 b $2,000 <br />C. Street Lighting - operation $225 b $225 <br />D. Traffic Signing $500 b $500 <br />E. Street, St. Swr., Pond Maint. b $635 <br />F. Other - Property Tax, FEMA b $0 <br />SUBTOTALS: $0 $0 $75,000 <br />Grading Only Credit $17,500 <br />TOTAL <br />$57,500 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />X = DEV. IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT) $278,500 $0 $278,500 <br />Y = CITY IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT) $27,000 $0 $27,000 <br />Z = CITY FEE COSTS X 1.0 (CASH ESCROW) $0 $57,500 $57,500 1 <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 />3/21/2005 <br />- 57- <br />Attachments 3- 28- 05.x1s <br />