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2018.08.06 CC Packet
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2018.08.06 CC Packet
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6/25/2020 3:08:22 PM
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8/9/2018 12:00:39 PM
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City Council
Document Type
Agenda/Packets
Meeting Date
8/6/2018
Meeting Type
Regular
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of Outlot 1. <br />g) Park Dedication. Park dedication has been statisfied with dedication <br />h) Cul-de-sac Escrow. N/A <br />i) Escrow for Street Signage. Developer shall deposit $5,000.00 into <br />an escrow account with the City. This amount represents an <br />estimated cost of $500/sign for 10 signs to be installed within the <br />development. <br />j) WCA Escrow. N/A <br />k) Sanitary Sewer Trunk Fee. The developer shall pay the City a sanitary <br />sewer trunk fee in the amount of $88,128.00. This sum is calculated to be $1,632 per lot for the 54 <br />residential lots within this phase. <br />1) Water Trunk Fee. The Developer shall pay the City water trunk fee in the <br />amount of $68,796. This sum is calculated to be $1,960 per lot, with credit provided for the <br />stormwater reuse/irrigation system based on the anticipated reduction in water demand. The <br />reduction is calculated at 35%, resulting in a trunk water fee amount of $1,176 per lot. The total is <br />based on the reduced per unit fee applied to the 54 lots in the plat. <br />Oneka Place - Development Agreement <br />22 <br />
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