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2024.03.04 CC Packet
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2024.03.04 CC Packet
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3/15/2024 8:43:51 AM
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3/14/2024 3:26:14 PM
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City Council
Document Type
Agenda/Packets
Meeting Date
3/4/2024
Meeting Type
Regular
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<br /> <br />The Shores of Oneka Lake 3rd Addition 22 <br />$2,023 per lot for residential development payable before the final plat is signed by the City. Said <br />fee shall be due for each of the 77 lots within the Plat (i.e. total due $155,771). <br /> <br /> i) Cul-de-sac Escrow. N/A <br /> <br />j) Escrow for Street Signage. The Developer shall deposit $________ for ______ <br />street signs <br /> <br />k) WCA Escrow. N/A <br /> <br />l) Sanitary Sewer Trunk Fee. The Developer shall pay the City a sanitary sewer <br />trunk fee in the amount of $125,664. This sum is calculated to be $1,632 per lot for the 77 <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 $114,699. 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 24%, resulting in a trunk water fee amount of $1,489.60 per lot. The total <br />is based on the reduced per unit fee applied to the 77 lots in the plat. <br /> <br />n) Watermain Oversizing Credit. The Developer shall be provided a credit for <br />watermain oversizing in the amount of $___________. <br />
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