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21. Water Lateral Fees. The current water lateral fee is $8,777 per connection. The total amount <br />due on the Property is Eight Thousand Seven Hundred Seventy Seven Dollars and No Cents <br />($8,777 x one (1) connection = $8,777.00). PERMITTEE shall pay these fees before the <br />release of the plat for recording at County Recorder's Office. The rate in effect at the time of <br />execution of this Contract will be collected. <br />22. Stormwater Management Fee. The current stormwater management fee is $4,465 per <br />commercial acre. The amount due on the Property is Six Thousand Seventy Two Dollars and <br />No Cents ($4,465.00 x 1.36 acres = $6,072.00). PERMITTEE shall pay all fees before <br />release of the plat for recording at Anoka County. The rate in effect at the time of execution <br />of the Contract will be collected. <br />23. Street Light Fee. The current street light fee for The COR is $2,600 per light. The amount due <br />on the Property is Thirteen Thousand Dollars and No Cents ($2,600 x five (5) lights = <br />$13,000.00). PERMITTEE shall pay these fees before the release of the plat for recording at <br />County Recorder's Office. The rate in effect at the time of execution of this Contract will be <br />collected. <br />24. Street Light Operating and Maintenance Fee. The current street light operating and <br />maintenance fee for The COR (first three years of operation) is $294 per light. The amount <br />due on the Property is One Thousand Four Hundred Seventy Dollars and No Cents ($294 x <br />five (5) lights = $1,470.00). PERMITTEE shall pay these fees before the release of the plat <br />for recording at County Recorder's Office. The rate in effect at the time of execution of this <br />Contract will be collected. <br />25. Sidewalk Construction. PERMITTEE shall construct and pave on the Property, in <br />accordance with CITY standards, a four (4) foot wide concrete sidewalk with pedestrian <br />ramps in locations prescribed by the CITY as shown on the Plans and as amended by City <br />Staff Review, at a grade not to exceed 5%. <br />26. 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 />PSD, LLC <br />7533 Sunwood Drive <br />Suite 220 <br />Ramsey, MN 55303 <br />City Administrator <br />City of Ramsey <br />7550 Sunwood Dr NW <br />Ramsey, MN 55303 <br />