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connections = $26,331.00). The rate in effect at the time of execution of this Contract will be <br />collected. The actual construction costs to extend private services from existing connection <br />points may be elegible for credit to lateral fees. <br />23. Stormwater Management Fee. The PERMITTEE is responsible for satisfying Stormwater <br />Trunk Fee requirements The 2012 Water Trunk Fee is $4,465 per commercial area of net <br />developable area. You will be responsible for a payment of Seventeed Thousand Six Hundred <br />Eight One Dollars and No Cents ($448 x 3.96 acres = $17,681.00). The rate in effect at the <br />time of execution of this Contract will be collected. <br />24. Development Fees for the Outlots. The PERMITTEE agrees none of the above fees are <br />being collected for the outlots and therefore said outlots are subject to similar fees at a future <br />date when it subdivides for development. <br />25. Notices. Required notices shall be in writing, and shall be either hand delivered to the <br />Parties, its employees or agents, or mailed to them by certified or registered mail at the <br />following address: <br />CITY OF RAMSEY HOUSING AND REDEVELOPMENT AUTHORITY <br />Attn: Executive Director <br />7550 Sunwood Drive <br />Ramsey, MN 55303 <br />CITY OF RAMSEY <br />Attn: City Administrator <br />7550 Sunwood Drive NW <br />Ramsey, MN 55303 <br />