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COR ONE FIRST ADDITION <br />Preliminary Plat Review <br />October 28, 2010 <br />Page 3 of 4 <br />The COR. Review letters for both site plans are incorporated into this letter as reference and must be <br />addressed prior to the City releasing the Plat for recording. The proposal may be eligible for credit <br />based on the number of units and net density. Fees for Lots 1, 1A, and 2 have already been collected <br />as part of the RAMSEY TOWN CENTER FIFTH ADDITION. Fees for the development of Outlot <br />A will be assessed upon re -platting. The charge in effect at the time the Development Contract is <br />executed will be collected. <br />Municipal Water and Sanitary Sewer Lateral Benefit Charges: Since lateral lines are already <br />stubbed to the Subject Property, the plat is subject to the City's standard Lateral Benefit Charge. The <br />2010 residential water and sanitary sewer trunk fees are $8,777.00 and $3,847.00 per connection • <br />respectively. Obligations for Lots 3 and 4 are being reviewed as part of the site plan review for <br />Residence at The COR and Suite Living at The COR. Review letters for both site plans are <br />incorporated into this letter as reference and must be addressed prior to the City releasing the Plat for <br />recording. Fees for Lots 1, 1A, and 3 have already been collected as part of the RAMSEY TOWN <br />CENTER rll•TH ADDITION. Fees for the development of Outlot A will be assessed 'upon re- <br />platting. The charge in effect at the time the Development Contract is executed will be collected. <br />Stormwater Management: The 2010 residential stormwater management fees are $448.00 per. unit. <br />Obligations for Lots 3 and 4 are being reviewed as part of the site plan review for Residence at The <br />COR and Suite Living at The COR. Review letters for both site plans are incorporated into this letter <br />as reference and must be addressed prior to the City releasing the Plat for recording. Fees for Lots 1, <br />1A, and 3 have already been collected as part of the RAMSEY TOWN CENTER FIFTH ADDITION. <br />Fees for the development of Outlot A will be assessed upon re -platting. The charge in effect at the <br />time the Development Contract is executed will be collected. <br />Trail Development Fees: The 2010 residential frail development fee is $600.06 per unit. Obligations <br />for Lots. 3 and 4 are being reviewed as part of the -site plan review for Residence at The COR and • <br />Suite Living at The COR. Review letters for both site plans are incorporated into this letter as <br />reference and must be addressed prior to the City releasing the Plat for recording. Fees for Lots 1, <br />1A, and 3 have already been collected as part of the RAMSEY TOWN CENTER FIFTH ADDITION. <br />Fees for the development of Outlot A will be assessed upon re -platting. The charge in effect at the <br />time the Development Contract is executed will be collected. <br />Park Dedication: The 2010 residential park dedication fee is $2,475.00 per unit. Obligations for <br />Lots 3 and 4 are being reviewed as part of the site plan review for Residence at The COR and Suite <br />Living at The COR. Review letters for both site plans are incorporated into this letter as reference <br />and must be addressed prior to the City releasing the Plat for recording. Park Dedication fees have <br />recently been discussed in terms of credit for higher density development and a different fee structure <br />for assisted living uses. Park Dedication requirements for the plat.will be reviewed by the Parks and <br />Recreation Commission, who will forward a recommendation to the City Council. Fees for Lots 1, <br />1A, and 3 have already been collected as part of the RAMSEY TOWN CENTER FIFTH ADDITION. <br />Fees for the development of Outlot A will be assessed upon re -platting. The charge in effect at the <br />time the Development Contract is executed will be collected. <br />REU Number: This property will be subject to a storm water utility charge based upon the amount of <br />impervious surface on the site. The quarterly charge is dependent upon the number of Residential <br />Equivalent Units (REU) calculated for this property. This fee will be determined as individual site <br />plans are brought forward for review and developed. <br />33 <br />