Agenda - Council - 05/26/2015 - 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 2015 Park Dedication Fee applicable to the Plat is $2,600 per residential unit. PERMITTEE must pay a Park Dedication Fee of Sixty Seven Thousand Six Hundred Dollars and No Cents ($2,600 x 26 units = $67,600.00). 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 2015 Trail Development Fee applicable to the Plat is $700 per residential unit. PERMITTEE must pay a Trail Development Fee of Eighteen Thousand Two Hundred Dollars and No Cents ($700 x 26 units = $18,200.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 3. Sanitary Sewer Connection (Trunkees. Thet'ERMITTEE is responsible for satisfying applicable Sanitary Sewer Trunk Fee requirements. The 2015 Sanitary Sewer Trunk applicable to the Plat is $1,126.00 per residential unit. PERMITTEE must pay a Sanitary Sewer Trunk Fee of Twenty Nine Thousand Two Hundred Seventy Six Dollars and No Cents ($1,126 x ie6 units = $29,276.00). The PERMITTEE acknowledges that these feesre estes. The rate in effect when the Plat is recorded will be collected. 4. Water Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying applicable Water Trunk Fee requirements. The Plat is located in a reimbursement area related to previous construction of the water trunk line that services the Plat. 21' Century Bank is entitled to reimbursement of fees collected for the Plat per the 16,,,existing reimbursement agreement. The 2014 Water Trunk applicable to the Plat is $1,925.00 per residential unit. PERMITTEE must pay a Water Trunk Fee of Fifty Thousand Fifty Dollars and No Cents ($1,925 x 26 units = $50,050.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. A copy of the reimbursement agreement is attached hereto as Exhibit C. 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 2015 Stormwater Management Fee $459 per residential unit. PERMITTEE must pay a Stormwater Management Fee of Eleven Thousand Nine Hundred Thirty Four Dollars and No