Laserfiche WebLink
ATTACHMENT B <br />CITY FEES <br />DEVELOPER INSTALLED IMPROVEMENTS <br />PROJECT NAME: Forest View Acres 2nd Addition NUMBER OF REU's: <br />APPLICANT: RADEMACHER FAMILY LP ASSESSED AREA (ac.): 4.47 <br />3 -7 -2013 <br />• <br />BUDGET PRIVATE PUBLIC ESCROW FEE <br />ITEM NECESSARY IMPROVEMENTS COST NOTE IMP. (W) IMP. (X) AMOUNT (Y) AMOUNT (Z) <br />1 PLANNING /REVIEW <br />A. Plat Review Fee $1,500 b $800 <br />B. Planner Review Fee $1,500 b $1,500 <br />2 ADMINISTRATION <br />A. Legal $1,000 a $500 <br />B. Administration Fee 3% of const. b $13,290 <br />C. Publications $1,000 b $0 <br />3 ENGINEERING <br />A. Plan /Plat/Grading Review $5,000 b $2,500 <br />B. Construction Services $15,000 b $15,000 <br />C. Construction Staking $0 b $0 <br />D. City Engineering $12,500 b $2,000 <br />4 DEVELOPMENT FEES <br />A. Park Dedication Fee $2175 /unit d $9,722 <br />B. Park Dedication Credit ($9,722) <br />C. Sealcoating Fee $0.28/SF b $0 <br />D. Aerial Photo Fee 90 /unit b $180 <br />5 BOULEVARD TREE PLANTING $465 /tree b $0 <br />41) <br />6 DEVLOPMENT SECURITIES <br />A. Tree Preservation 95 /unit b $0 <br />B. Street Lighting - installation $2,500 a $0 <br />C. Street Lighting - operation $265 $0 <br />D. Traffic Signing $500 a $0 <br />E. Street, Storm Sewer, Pond Maint. b $1,000 <br />SUBTOTAL: $0 $0 $36,590 $180 <br />Grading Only Escrow Credit $0 $0 <br />TOTALS: $36,590 $180 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />W = PRIVATE IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT) $155,000 $0 $155,000 <br />X = PUBLIC IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT) $240,100 $0 $240,100 <br />Y = CITY ESCROW COSTS X 1.0 (CASH ESCROW) $0 $36,590 $36,590 <br />Z = CITY FEES X 1.0 (CASH FEE) $28,676 $180 $28,856 <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 />