Agenda - Council - 02/28/2017 - Laserfiche WebLink

Home

EXHIBIT B Fees Payable to the City 1. Park Dedication. The PERMITTEE is responsible for satisfying applicable Park Dedication requirements. The 2017 Park Dedication Fee applicable to the Plat is $2,800 per residential unit. PERMITTEE must pay a Park Dedication Fee of Seventy Thousand Dollars and No Cents ($2,800 x 25 units = $70,000.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 2. Trail Develonment Fees. The PERMITTEE is responsible for satisfying applicable Trail Development Fee requirements. The 2016 Trail Development Fee applicable to the Plat is $800 per residential unit. PERMITTEE must pay a Trail Development Fee of Twenty Thousand Dollars and No Cents ($800 x 25 units = $20,000.00). 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 Twenty Eight Thousand Four Hundred Twenty Five Dollars and No Cents ($1,137 x 25 units = $28,425.00). This amount will be subtracted from the total amount to be credited to 21' Century Bank. A copy of the Reimbursement Agreement is attached as Exhibit D hereto. 4. Water 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 Forty Eight Thousand One Hundred Twenty Five Dollars and No Cents ($1,925 x 25 units = $48,125.00). 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 2017 Stormwater Management Fee is $473 per residential unit. PERMITTEE must pay a Stormwater Management Fee of Eleven Thousand Eight Hundred Twenty Five Dollars and No Cents ($473 x 25 units = $11,825.00). The PERMITTEE