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2019.04.15 CC Packet
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2019.04.15 CC Packet
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6/25/2020 2:06:27 PM
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4/12/2019 8:54:36 AM
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City Council
Document Type
Agenda/Packets
Meeting Date
4/15/2019
Meeting Type
Regular
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i) Escrow for Street Si ng age. Developer shall deposit $2,000.00 into <br />an escrow account with the City. This amount represents an <br />estimated cost of $500/sign for 4 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 <br />sanitary sewer trunk fee in the amount of $68,544.00 This sum is calculated to be $1,632.00 per lot <br />for the 42 residential lots within this phase. <br />1) Water Trunk Fee. The Developer shall pay the City water trunk fee <br />in the amount of $49,392.00. This sum is calculated to be $1,960 per lot, with credit provided for <br />the 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 42 lots in the plat. <br />21 <br />
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