12/09/2002 Council Packet - Laserfiche WebLink

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1. Site Plan Review Fee (Existing escrow deficit) $3,644.80 2. Administration (Legal, Engineering, Planning, and $3,500.00 Contract administration) 3. Engineering (Off -Site Improvements) : a. Administration b. Plan Review c. Inspection $15,500.00 4. Sanitary Sewer Trunk Area Fee (3.75 acres @ $2,203.00 $8,261.25 per acre) 5. Sanitary Sewer Trunk Unit Fee ($955.00 per unit)* TBD 6. Water Trunk Area Fee (3.75 acres @ $2,350.00 per acre) $8,812.50 7. Water Trunk Unit Fee ($1,541 per unit)* TBD 8. Surface Water Management Fee (3.75 acres @ $0.075 $12,251.25 per sq. ft.) ** 9. Park Dedication Fee (3.75 acres @ $2,175 per acre) $8,156.25 Total Estimated (Budget) Costs for Escrow Account * ** $60,126.05 * To Be Determined (TBD) and collected upon Building Permit Issuance ** Includes subwatershed improvement credit of $0.065 per square foot * ** Total does not include Sanitary and Water Trunk unit fees B. The City shall have a right to reimburse itself from the Escrow. If it appears that the actual costs incurred will exceed the estimate, then Developer and City shall review the costs required to complete the project. In such case, Developer shall deposit additional sums with the City to pay for the agreed upon increase. VII. REMEDIES FOR BREACH A. The City shall give prior notice to the Developer of any default hereunder before proceeding to enforce such financial guarantee or before the City undertakes any work for which the City will be reimbursed through the financial guarantee. If within ten (10) days after such notice to it, the Developer has not notified the City by stating in writing the manner in which the default will be cured and the time within which such default will be cured, the City will proceed with the remedy it deems appropriate. B. At any time after the completion date and any extensions thereof, if any of the work is deemed incomplete, the City may proceed in any one or more of the following ways to enforce the undertakings herein set forth, and to collect any and all expenses incurred by the City in connection therewith, including, but not limited to, engineering, legal, planning and litigation costs and expense. The enumeration of the remedies hereunder shall be in addition to any other remedies available to the City. Spirit Hills Performance Agreement 6 12/04/02