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Application Fee <br />$200 <br />Escrow Requirement (minimum) <br />$1,500 + City cost exceeding $1,500 <br />Financial Surety <br />125% of the estimated cost of any public <br />improvements required (including, but not limited to <br />sanitary sewer, water, curb and gutter, streets, storm - <br />water sewer) <br />Inspection fee <br />5% of the estimated cost of any public improvement <br />required <br />Park Dedication Fees <br />Cash <br />$2,475 /unit (0 -11.99 units /acre) <br />$2,289 /unit (12 -19.99 units /acre) <br />$2,104 /unit (20+ units /acre) <br />$4,738 /acre (assisted living) <br />Land <br />10% (0 -3.0 units /acre) <br />15% (3.1 -5.0 units /acre) <br />15% + 0.5%/each 5 units /acre (5.1 units /acre) <br />5% (assisted living) <br />Planned Unit Development <br />10% gross land + $2,475 /unit <br />Trail Development Fee <br />$600 /unit <br />Water Trunk Fee <br />$2,308 /unit <br />Sewer Trunk Fee <br />$1,318 /unit <br />Water Lateral <br />Actual cost or $9,102 /connection if available <br />Development Fees, Surety Requirements, and Other Financial Information <br />The City has made its best effort to provide a comprehensive list of applicable development fee and <br />financial surety requirements related to subdivision requests. Each request may include additional <br />requirements due to unique circumstances. Please contact City Staff for other potential impacts. <br />Development fees and financial sureties will be included in the required Development Agreement. A <br />boilerplate development agreement is available on the City's website found at www.cityoframsey.com. <br />Residential Development Fees for Major Plats <br />Development Review Manual (September 2011) <br />Plat /Subdivision Review <br />Page 19 of 45 <br />