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DEVELOPER INSTALLED IMPROVEMENTS <br />PROJECT NAME: GRADNVIEW <br />ATTACHMENT B <br />CITY FEES <br />NUMBER OF REU's: 7 <br />APPLICANT: ROYAL OAKS REALTY ASSESSED AREA (ac.): 3.67 <br />10-22-2007 <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 $1,500 b $1,500 <br />B. Planner Review Fee $1,500 b $1,500 <br />2 ADMINISTRATION <br />A. Legal $1,000 a $1,000 <br />B. Administration Fee 3% of const. b $5,000 <br />C. Publications $1,000 b $1,000 <br />3 ENGINEERING <br />A. Plan/Plat/Grading Review $5,000 b $5,000 <br />B. Construction Services $15,000 b $15,000 <br />C. Construction Staking $0 b $0 <br />D. City Engineering $12,500 b $12,500 <br />4 DEVELOPMENT FEES <br />A. Park Dedication Fee $2075/unit d $14,525 <br />B. Sealcoating Fee $0.28/SF b $2,842 <br />C. Aerial Photo Fee 90/unit b $630 <br />BOULEVARD TREE PLANTING $465/tree b $3,255 <br />6 DEVLOPMENT SECURITIES <br />A. Tree Preservation 95/unit b $665 <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 $583 <br />SUBTOTAL: $0 $0 $65,000 <br />Grading Only Escrow Credit $15,000 <br />TOTALS: $50,000 <br />SECURITY AMOUNTS TO BE POSTED Att. A Att. B Total <br />X = DEV. IMPROVEMENT COSTS X 1.5 (LETTER OF CREDIT) $250,000 $0 $250,000 <br />Y = CITY IMPROVEMENT COSTS X 0.35 (LETTER OF CREDIT) $18,500 $0 $18,500 <br />Z = CITY FEE COSTS X 1.0 (CASH ESCROW) $0 $50,000 $50,000 <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 />