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PROJECT: NORTHPOINTE 3RD ADDITION <br />APPLICANT: Tony Emmerich, Inc. <br />IMPROVEMENTS <br />ATTACHMENT B <br />NUMBER OF REU's: 41 <br />COST NOTES <br />DEVELOPER IMPROVEMENT COSTS <br />SITE GRADING $0 <br />EROSION CONTROL $13,450 <br />LANDSCAPING $6,100 <br />STREETS $367,250 <br />STORM SEWER CONST. $119,300 <br />SANITARY SEWER CONST. $165,000 <br />WATERMAIN CONST. $180,000 <br />ENGINEERING & SURVEYING $8,960 <br />Total $860,060 <br />$1,075,075 Surety Agreement Option is 125% <br />CITY IMPROVEMENT COSTS <br />TRUNK SANITARY SEWER $125,993 $3,073/REU <br />TRUNK SANITARY SEWER CREDIT $0 Estimated until final construction <br />TRUNK WATERMAIN $166,829 $4,069/REU <br />TRUNK WATERMAIN CREDIT ($90,500) Estimated until final construction <br />TOTAL TRUNK FEES $202,322 <br />SURFACE WATER MANAGEMENT $75,112 <br />SURFACE WATER MANAGEMENT CREDIT $0 <br />Total $277,434 <br />Letter of Credit Amount X 35% $97,110 <br />8/20/2015 <br />$1,832/REU ($0.12/SF Includes 1, 2, 4, & 6) <br />ESCROW <br />PLANNING REVIEW $1,500 <br />ADMINISTRATION $25,810 3% of construction <br />ENGINEER PLAN REVIEW $2,000 <br />ENGINEER CONSTRUCTION SERVICES $25,500 <br />PROJECT FINAL DOCUMENTS & CITY ENGINEER $2,500 <br />STREET LIGHT INSTALLATION $15,000 (6 lights) $2,500/Light <br />STREET & STORMWATER MAINTENANCE $2,500 <br />PROPERTY TAXES $0 If final plat between July 1 and Dec. 31 <br />Total $74,810 <br />FEE DEPOSIT <br />PARK DEDICATION $102,500 (41 units) $2,500/res unit: $2,175/com ac <br />PARK DEDICATION CREDIT $0 <br />SEAL COATING FEE $18,900 $2.70/SY of road <br />AERIAL PHOTO FEE $3,690 $90/Lot <br />STREET LIGHTING OPERATION $630 $105/Light <br />Total $125,720 <br />SUMMARY OF COSTS <br />LETTER OF CREDIT DEVELOPER IMP'MENT COSTS $1,075,075 <br />LETTER OF CREDIT CITY IMPROVEMENT COSTS $97,110 <br />ESCROW $74,810 <br />FEES $125,720 <br />