Agenda - Council - 10/10/2017 - 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 2017 Park Dedication Fee applicable to the Plat is $2,210.00 per residential unit. The PERMITTEE qualifies for the density bonus for a project in excess of 15 units per acre that is allowed by City Code which permits a Park Dedication Fee of ($2,210 x 54 units = $119,340.00). 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 2017 Trail Development Fee applicable to the Plat is $800.00 per residential unit. The PERMITTEE must pay a Trail Development Fee ($800 x 54 units = $43,200.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 3. Sanitary Sewer Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying applicable Sanitary Sewer Trunk Fee requirements. The 2017 Sanitary Sewer Trunk applicable to the Plat is $1,154.00 per residential unit. PERMITTEE must pay a Sanitary Sewer Trunk Fee of ($1,154 x 54 units = $62,316.00). The PERMITTEE acknowledges that these fees are estimates. 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 2017 Water Trunk applicable to the Plat is $1,720.00 per residential unit. PERMITTEE must pay a Water Trunk Fee of ($1,7200 x 54 units = $92,880.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 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 applicable to the Plat is $473 per residential unit. PERMITTEE must pay a Stormwater Management Fee of ($473 x 54 units = $25,542). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 8. Street Light Fee. The PERMITTEE is responsible for installation of street lights within the Plat. As such, the PERMITTEE was required to create a street lighting plan and receive approval of that street lighting plan from the CITY. PERMITTEE acknowledges that the final quantity of street lights required may change pending final approval of the lighting plan by the CITY. The PERMITTEE shall work directly with Connexus Energy for street light installation. 9. Street Light Operation and Maintenance Fee. The PERMITTEE is responsible for a Street Light Operation and Maintenance Fee associated with lighting of public rights of way. PERMITTEE must pay a Street Light Operation and Maintenance Fee of Two Hundred and Ninety Four Dollars and No Cents ($294.00) per light ($294 x 5 lights = $1,470). As of February 1, 2017, Connexus