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ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />PROJECT NAME: Main Street Village NUMBER OF REU's: <br />IV <br />IV <br />APPLICANT: Azure Properties ASSESSED AREA (ac.): 28.3 <br />April 28, 2008 <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 $2,600 <br />B. Planner Review Fee $2,605 <br />2 ADMINISTRATION <br />A. Legal $1,000 <br />B. Administration Fee 3% of const. $6,182 <br />C. Publications $1,000 <br />3 ENGINEERING <br />A. Plan /Plat/Grading Review $5,000 <br />B. Prep of Plans & Specs. $0 <br />C. Construction Services $10,000 <br />D. Construction Staking $0 $0 <br />E. City Engineering $5,000 <br />4 DEVELOPMENT FEES <br />A. Park Dedication Fee $2175 /unit $0 <br />B. Sealcoating Fee $0.29/SF b $0 <br />C. Aerial Photo Fee 90 /unit b $0 <br />BOULEVARD TREE PLANTING $480 /tree b $0 <br />6 DEVLOPMENT SECURITIES <br />A. Tree Preservation $100 /unit b $0 <br />B. Street Lighting - installation TBD b $0 <br />C. Street Lighting - operation TBD b $0 <br />D. Traffic Signing a $0 <br />E. Street, Storm Sewer, Pond Maint. b $0 <br />F. AUAR Fee $269 /Acre c $7,613 <br />TOTALS: $41,000 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />X = DEV. IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT) $309,000 $0 $309,000 <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 $41,000 $41,000 <br />NOTE: <br />a: Cost by City policy <br />b: Estimated Cost or Budget by City will apply to full development agreement <br />c: AUAR Fee Based on the 28.3 Acre Site <br />TBD = To Be Determined <br />• <br />