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Agenda - Council - 04/28/2015
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Agenda - Council - 04/28/2015
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/28/2015
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EXHIBIT B <br />Fees Payable to the City <br />1. Park Dedication. The PERMITTEE is responsible for satisfying applicable Park <br />Dedication requirements. The 2015 Park Dedication Fee applicable to the Plat is <br />$2,600 per residential unit. PERMITTEE must pay a Park Dedication Fee of Forty <br />Six Thousand Eight Hundred Dollars and No Cents ($2,600 x 18 units = <br />$46,800.00). The PERMITTEE acknowledges that these fees are estimates. The <br />rate in effect when the Plat is recorded will be collected. <br />2. Trail Development Fees. The PERMITTEE is responsible for satisfying <br />applicable Trail Development Fee requirements. The 2015 Trail Development Fee <br />applicable to the Plat is $700 per residential unit. PERMITTEE must pay a Trail <br />Development Fee of Twelve Thousand Six Hundred Dollars and No Cents ($700 x <br />18 units = $12,600.00). The PERMITTEE acknowledges that these fees are <br />estimates. The rate in effect when the Plat is recorded will be collected. <br />3. Sanitary Sewer Connection (Trunk) Fees. The Plat is subject to the Brookfield <br />Addition Amendment to Water Main and Sanitary Sewer Cost <br />Contribution/Reimbursement Agreement (the "Reimbursement Agreement"). Per <br />Section 3.01 of the Reimbursement Agreement, future lots platted from outlots or <br />other lots in Brookfield First, Second, or Third Addition will pay no Trunk Fee for <br />each lot platted. The amount deemed reduced by the trunk fee credit will be Twenty <br />Thousand Four Hundred Sixty Six Dollars and No Cents ($1,137 x 18 units = <br />$20,466.00). This amount will be subtracted from the total amount to be credited <br />to 21st Century Bank. A copy of the Reimbursement Agreement is attached as <br />Exhibit D hereto. <br />4. Water Connection (Trunk) Fees. Per Section 3.01 of the Reimbursement <br />Agreement, future lots platted from outlots or other lots in Brookfield First, Second, <br />or Third Addition will pay no Trunk Fee for each lot platted. The amount deemed <br />reduced by the trunk fee credit will be Thirty Four Thousand Six Hundred Fifty <br />Dollars and No Cents ($1,925 x 18 units = $34,650.00). This amount will be <br />subtracted from the total amount to be credited to 21st Century Bank. A copy of the <br />Reimbursement Agreement is attached as Exhibit D hereto. <br />5. Sanitary Sewer Lateral Benefit Fees. The PERMITTEE is constructing its own <br />lateral service lines; therefore no sanitary sewer lateral benefit fee is due. <br />6. Water Lateral Fees. The PERMITTEE is constructing its own lateral service lines; <br />therefore no water lateral benefit fee is due. <br />7. Stormwater Management Fee. The PERMITTEE is responsible for satisfying <br />applicable Stormwater Trunk Fee requirements. The 2015 Stormwater <br />Management Fee $459 per residential unit. PERMITTEE must pay a Stormwater <br />Management Fee of Eight Thousand Two Hundred Sixty Two Dollars and No <br />
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