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ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />Ida PROJECT NAME: Miller's Crossroads - Phase I <br />APPLICANT: <br />NUMBER OF REU's: 69 <br />Bruggeman Properties ASSESSED AREA (ac.): 15.9 <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 $7,500 b $7,500 <br />B. Planner Review Fee $7,500 b $7,500 <br />2 ENGINEERING <br />A. Plan/Plat/Grading Review $0 b $10,000 <br />B. Preparation of Plans & Specs. $0 b $0 <br />C. Construction Services $0 b $50,000 <br />D. Construction Staking $0 b $0 <br />E. City Engineering $0 b $20,000 <br />3 ADMINISTRATION <br />A. Administration Fee - 3% of const. $23,500 a $23,500 <br />B. Legal $1,000 b $1,000 <br />C. Publications $1,000 b $1,000 <br />4 DEVELOPMENT FEES <br />A. Park Dedication ** $1,665 d $80,385 <br />0 B. Sealcoating Fee $12,500 a $12,500 <br />C. Aerial Photo Fee 90 /unit a $6,210 <br />5 BOULEVARD TREE PLANTING $15,600 b $0 <br />6 DEVELOPMENT SECURITIES <br />A. Tree Preservation 80 /unit b $5,520 <br />B. Street Lighting $1,680 b $3,360 <br />C. Traffic Signing $3,000 b $3,000 <br />D. Street, St. Swr., Pond Maint. b $3,025 <br />E. Other - Property Tax, FEMA b $0 <br />TOTALS: $0 0 $234,500 <br />Less previous grading deposit $51,000 <br />Total $183,500 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />X = DEV. IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT) $782,206 $0 $1,175,000 <br />Y = CITY IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT) $312,025 $0 $110,000 <br />Z = CITY FEE COSTS X 1.0 (CASH ESCROW) $0 $183,500 $183,500 <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 />** Park Dedication fee was credited $34,500 for sidewalk installation. <br />2/18/04 attachments 2- 18- 04.xls <br />