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2023.05.01 Packet
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2023.05.01 Packet
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6/9/2023 10:05:51 AM
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6/9/2023 9:58:55 AM
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City Council
Document Type
Agenda/Packets
Meeting Date
5/1/2023
Meeting Type
Regular
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<br />Rice Lake Reserve 3rd Addition 21 <br />Said fee shall be due for each of the 20 lots within the Plat (i.e. total due $48,000). <br /> <br /> i) Cul-de-sac Escrow. N/A <br /> <br /> j) Escrow for Street Signage. N/A <br /> <br /> k) WCA Escrow. N/A <br /> <br />l) Sanitary Sewer Trunk Fee. The Developer shall pay the City a sanitary <br />sewer trunk fee in the amount of $32,640.00. This sum is calculated to be $1,632 per lot for the 20 <br />residential lots within this phase. <br /> <br />m) Water Trunk Fee. The Developer shall pay the City water trunk fee in the <br />amount of $23,520. 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 40%, 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 20 lots in the plat. <br />
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