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ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />up PROJECT NAME: Century Farm North NUMBER OF REU's: 56 <br />APPLICANT: Century Farm North Development, Inc. ASSESSED AREA (ac.): 24.5 <br />BUDGET DEVELOPER CITY ESCROW <br />ITEM NECESSARY IMPROVEMENTS COST NOTE IMP. (X) IMP. (Y) AMOUNT (Z) <br />1 PLAT REVIEW FEE $7,500 b $7,500 <br />2 PLANNER REVIEW FEE $7,500 b $7,500 <br />3 ADMINISTRATION -3% OF CONST. 3% of const. a $28,400 <br />4 ENGINEERING <br />A. Plan /Plat/Grading Review $0 b $10,000 <br />B. Preparation of Plans & Specs. $0 b <br />C. Construction Services $0 b $50,000 <br />D. Construction Staking $0 b <br />E. City Engineering $0 b $20,000 <br />5 LEGAL PLAT REVIEW FEE $1,000 b $1,000 <br />6 PUBLICATIONS $1,000 b $1,000 <br />7 PARK DEDICATION FEE $1,665 d $103,821 <br />8 TREE PRESERVATION POLICY $960 b $4,480 <br />Alli STREET LIGHTING INST. & OPER. $1,680 b $11,760 <br />TRAFFIC SIGNING IMPROV. $6,000 b $3,000 <br />11 BOULEVARD TREE PLANTING $15,600 b $16,800 <br />12 STREET, ST. SWR. & POND MAINT. b $5,049 <br />13 SEALCOATING FEE a $24,450 <br />14 FEMA Processing Fee N/A $3,000 <br />15 AERIAL PHOTO COST RECOVERY a $5,040 <br />16 OTHER - Property Tax Escrow b $5,000 <br />TOTALS: $3,000 0 $304,800 <br />Less previous grading deposit $47,000 <br />Total $257,800 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />X = DEV. IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT) $2,338,500 $4,500 $2,343,000 <br />Y = CITY IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT) $42,900 $0 $42,900 <br />Z = CITY FEE COSTS X 1.0 (CASH ESCROW) $0 $257,800 $257,800 <br />NOTE: <br />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 />7/11/03 attachments 7- 11- 03.xls <br />