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<br /> 14 <br />LA515\112\937837.v1 <br />for the conveyance of Outlot A, which the Developer will be deeding to the City in the Subdivision. <br />The Developer is also credited with 10.55 percent of the required parkland dedication cash in lieu <br />fee for the trails within the Subdivision. The Developer shall pay a cash contribution of $218,876 <br />to satisfy the City’s park dedication requirements for the Subdivision. The Subdivision park <br />dedication was calculated as follows: 101.39 gross acres x 10 percent = 10.14 acres. The <br />purchase price of the property is $48,262.55 per acre. Therefore, the amount of the cash <br />contribution is $489,382.26 (10.14 acres x $48,262.55/acre). The cash contribution is reduced by <br />the 50 percent Outlot A credit for a remainder of $244,691.13 and then by the 10.55% trail credit <br />for a total remaining due of $218,876.22. The park dedication fee shall be paid by the Developer <br />before recording the final plat. <br />23. VILLAGE AREA AUAR FEE. The Developer shall be responsible for the payment of <br />the Village Area Alternative Urban Areawide Review (AUAR) fee as adopted by the City Council <br />with respect to the environmental review completed by the City. The Village Area Alternative <br />Urban Areawide Review (AUAR) fee in the amount of $230.00 per REC shall be paid by the <br />Developer prior to the City recording the final plat. The total amount to be paid by the Developer <br />is $24,150.00. <br />24. SANITARY SEWER AND WATER UTILITY AVAILABILITY CHARGES (SAC <br />AND WAC). The Developer shall be responsible for the payment of all sewer availability charges <br />(SAC) and all water availability charges (WAC) with respect to the Subdivision Improvements <br />required by the City and any state or metropolitan government agency. <br />The sewer availability charge (SAC) in the amount of $3,000.00 per Residential Equivalent <br />Charge (“REC”) shall be paid by the Developer to the City before recording the final plat. The total <br />amount to be paid by the Developer is: $315,000.00. <br />The water availability charge (WAC) in the amount of $3,000.00 per REC shall be paid by <br />the Developer to the City before recording the final plat. The total amount to be paid by the