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ATTACHMENT B 3-13-2006 <br /> CITY FEES <br /> DEVELOPER INSTALLED IMPROVEMENTS <br /> PROJECT NAME: Marshan Meadows NUMBER OF REU's: 20 <br /> APPLICANT: Bruggeman Properties, L.L.C. ASSESSED AREA (ac.): 10.53 <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 /> 3 ADMINISTRATION <br /> A.Legal $2,000 b $2,000 <br /> B.Administration Fee 3% of const. b $17,000 <br /> C. Publications $2,000 b $2,000 <br /> 4 ENGINEERING <br /> A. Plan/Plat/Grading Review $0 b $15,000 <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 $15,000 <br /> 5 DEVELOPMENT FEES <br /> A. Park Dedication Fee $2075/unit d $41,500 <br /> B. Sealcoating Fee $0.27/SF b $8,921 <br /> C.Aerial Photo Fee 90/unit b $1,800 <br /> 6 BOULEVARD TREE PLANTING $465/tree b $11,625 <br /> 7 DEVLOPMENT SECURITIES <br /> A. Tree Preservation 95/unit b $1,900 <br /> B. Street Lighting - installation $2,500 b $10,000 <br /> C. Street Lighting- operation $265 b $1,060 <br /> D. Traffic Signing $3,000 b $3,000 <br /> E. Street, Storm Sewer, Pond Maint. $3,500 b $1,694 <br /> F. Other- Property Tax, FEMA $0 b $0 <br /> TOTALS: $0 $0 $197,500 <br /> SECURITY AMOUNTS TO BE POSTED' Att.A Att. B Total <br /> X= DEV. IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT) $850,000 $0 $850,000 <br /> Y= CITY IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT) $48,000 $0 $48,000 <br /> Z= CITY FEE COSTS X 1.0 (CASH ESCROW) $0 $197,500 $197,500 <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 />