Agenda - Council - 02/25/2014 - Laserfiche WebLink

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EXHIBIT B Fees Payable to the City 1. Park Dedication. The PERMITTEE is responsible for satisfying applicable Park Dedication requirements. The 2014 Park Dedication Fee applicable to the Plat is $2,600 per residential unit. PERMITTEE must pay a Park Dedication Fee of Eighty Three Thousand Two Hundred Dollars and No Cents ($2,600 x 32 units = $83,200.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 2. Trail Development Fees. The PERMITTEE is responsible for satisfying applicable Trail Development Fee requirements. The 2014 Trail Development Fee applicable to the Plat is $700 per residential unit. PERMITTEE must pay a Trail Development Fee of Twenty Two Thousand Four Hundred Dollars and No Cents ($600 x 32 units = $22,400.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 3. Sanitary Sewer Connection (Trunk) Fees. The Plat is subject to the Brookfield Addition Amendment to Water Main and Sanitary Sewer Cost Contribution/Reimbursement Agreement (the "Reimbursement Agreement"). Per Section 3.01 of the Reimbursement Agreement, future lots platted from outlots or other lots in Brookfield First, Second, or Third Addition will pay no Trunk Fee for each lot platted. The amount deemed reduced by the trunk fee credit will be Thirty Six Thousand Three Hundred Eighty Four Dollars and No Cents ($1,137 x 32 units = $36,384.00). This amount will be subtracted from the total amount to be credited to 21st Century Bank. A copy of the Reimbursement Agreement is attached as Exhibit D hereto. Wate Connection (Trunk) Fees. Per Section 3.01 of the Reimbursement Agreement, future lots platted from outlots or other lots in Brookfield First, Second, or Third Addition will pay no Trunk Fee for each lot platted. The amount deemed reduced by the trunk fee credit will be Sixty One Thousand Six HundredDollars and No Cents ($1,925 x 32 units = $61,600.00). This amount will be subtracted from the total amount to be credited to 21st Century Bank. A copy of the Reimbursement Agreement is attached as Exhibit D hereto. 5. Sanitary Sewer Lateral Benefit Fees. The PERMITTEE is constructing its own lateral service lines; therefore no sanitary sewer lateral benefit fee is due. 6. Water Lateral Fees. The PERMITTEE is constructing its own lateral service lines; therefore no water lateral benefit fee is due. 7. Stormwater Management Fee. The PERMITTEE is responsible for satisfying applicable Stormwater Trunk Fee requirements. The 2014 Stormwater Management Fee $459 per residential unit. PERMITTEE must pay a Stormwater Management Fee of Fourteen Thousand Six Hundred Eighty Eight Dollars and No