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4988262v4 <br />EXHIBIT C <br />Fees Payable to the City <br />1. Park Dedication. The PERMITTEE is responsible for satisfying applicable Park <br />Dedication requirements. The 2012 Park Dedication Fee applicable to the Plat is <br />$4,738 per net developable acre. PERMITTEE must pay a Park Dedication Fee <br />of Eighteen Thousand Eigiht Hundred Ten Dollars and No Cents ($4,738 x 3.97 <br />acres = $18,810.00). Third parties may rely on recording of this Contract as <br />conclusive evidence that this fee has been paid. <br />2. Trail Development Fees. The PERMITTEE is responsible for satisfying <br />applicable Trail Development Fee requirements. The 2012 Trail Development Fee <br />applicable to the Plat is $1,090 per net developable acre. PERMITTEE must pay <br />a Trail Development Fee of Four Thousand Three Hundred Twenty Seven Dollars <br />and No Cents ($1,090 x 3.97 acres = $4,327.00). Third parties may rely on <br />recording of this Contract as conclusive evidence that this fee has been paid. <br />3. Sanitary Sewer Connection (Trunk) Fees. The PERMITTEE is responsible for <br />satisfying applicable Sanitary Sewer Trunk Fee requirements. The 2012 Sewer <br />Trunk Fee applicable to the Plat is $3,824 per net developable acre. <br />PERMITTEE must pay a Sewer Trunk Fee of Fifteen Thousand One Hundred <br />Eighty One Dollars and No Cents ($3,824 x 3.97 acres = $15,181.00). Third <br />parties may rely on recording of this Contract as conclusive evidence that this fee <br />has been paid. <br />4. Water Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying <br />applicable Water Trunk Fee requirements. The 2012 Water Trunk Fee applicable <br />to the Plat is $8,337 per net developable acre. PERMITTEE must pay a Water <br />Trunk Fee of Thirty Three Thousand Ninety Eight Dollars and No Cents ($2,226 <br />x 3.97 acres = $33,098.00). [To get the math to work in this paragraph, I <br />assumed this was a per acre charge. Is that correct ?] Third parties may rely on <br />recording of this Contract as conclusive evidence that this fee has been paid. <br />5. Sanitary Sewer Lateral Fees. The PERMITTEE is responsible for satisfying <br />applicable Sanitary Sewer Lateral Fee requirements. The 2012 Sanitary Sewer <br />Lateral Fee is $3,847 per connection and the Plat will result in three (3) new <br />connections, so the Sanitary Sewer Lateral Fee is Eleven Thousand Five Hundred <br />Forty One Dollars and No Cents ($3,847 x 3 connections = $11,541.00). The <br />CITY Engineer estimates that the cost of installing private sanitary sewer lines is <br />$23,600. Because the estimated cost of installing private sanitary sewer lines <br />exceeds the Sanitary Sewer Lateral Fee, the PERMITTEE is not obligated to pay <br />the Sanitary Sewer Lateral Fee. <br />6. Water Lateral Fees. The PERMITTEE is responsible for satisfying applicable <br />Water Lateral Fee requirements. The 2012 Water Lateral Fee is $8,777 per <br />connection, and the Plat will result in three (3) new connections, so the Water <br />