04/26/2004 Council Packet - Laserfiche WebLink

Home Search

ATTACHMENT B CITY FEES •DEVELOPER INSTALLED IMPROVEMENTS , PROJECT NAME: Century Farm North 2nd Addition • NUMBER OF REU's: APPLICANT: Century Farm North Development, Inc. ASSESSED AREA (ac.): ITEM NECESSARY IMPROVEMENTS 1 PLANNING /REVIEW A. Plat Review Fee B. Planner Review Fee 2 ENGINEERING A. Plan /Plat/Grading Review B. Preparation of Plans & Specs. C. Construction Services D. Construction Staking E. City Engineering 3. ADMINISTRATION A. Administration Fee - 3% of const. B. Legal C. Publications 4 DEVELOPMENT FEES A. Park Dedication B. Sealcoating Fee C. Aerial Photo Fee IlkBOULEVARD TREE PLANTING DEVELOPMENT. SECURITIES A. Tree Preservation B. Street Lighting - installation C. Street Lighting - operation D. Traffic Signing E. Street, St. Swr., Pond Maint. F. Other - Property Tax, FEMA TOTALS: BUDGET COST $7,500 $7,500 $0 $0 $0 $0� So 3% of const. $1,000 $1,000 $1,665 DEVELOPER. CITY NOTE IMP. (X) IMP. (Y) b b a.. b a 90 /unit a b 80 /unit $1,590 $225 $3,000 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 b b 20700 $20,700 65 11.3 ESCROW AMOUNT (Z) $7,500 $7,500 $25,0.00 $0 $75,000 $0 $30,000 $18,700 $1,000 $1,000 $0 $18,500 $5,850 $0 $5,520 $6,360 $900 $3,000 $5,170 $5,000 $216,000 Att.A Att.B 104 $1,006,000 $31,500 $1,037,500 $88,150 $0 $88,150 $0 $216,000 $216,000 -51- 4/19/04 • attachments 4- 16-04