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Agenda - Council - 07/23/2019
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Agenda - Council - 07/23/2019
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3/17/2025 2:31:48 PM
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7/23/2019 2:12:27 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
07/23/2019
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EXHIBIT B <br />Fees Payable to the City <br />Development Fees <br />Park and Trail Dedication <br />Park Dedication: Industrial <br />$4,375/acre (8.44 acres) <br />$36,925 <br />Trail Development <br />$1,300/acre (8.44 acres) <br />$10,972 <br />Stormwater Management <br />$4,855/acre (8.44 acres) <br />$40,976 <br />Total Fees* <br />$88,873 <br />Sureties and Inspection Fees <br />Performance Surety <br />75% cost of improvement ($609,652) <br />Cash or letter of credit <br />$457,239 <br />Engineering Inspection Fee <br />2.5% cost of improvement <br />$15,240 <br />Landscape Guarantee <br />Outlined in item 15 <br />$14,400 <br />*Please note there are no fees collected for utilities (sanitary sewer, water, or private utilities) collected at <br />this time. Any future connection or installation will be subject to fees at time of request. <br />12 <br />
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