Agenda - Council - 07/23/2019 - 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 2019 Park Dedication Fee applicable to the Plat is $5,100 per acre for commercial land and $4,375 per acre for industrial land. PERMITTEE must pay a Park Dedication Fee of Twenty Eight Thousand Three Hundred Ninety Four Dollars and No Cents ($5,100 x 1.75 acres and $4,375 x 4.45 acres = $28,394.00). 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 2019 Trail Development Fee applicable to the Plat is $1,300 per acre. PERMITTEE must pay a Trail Development Fee of Eight_Thousand Sixty Dollars and No Cents ($1,300 x 6.2 acres = $8,060.00). 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 requirements. The 2019 Sanitary Sewer Trunk Fee applicable to the Plat is $3,652 per acre. The PERMITTEE must pay a Sanitary Sewer Trunk Fee of Twenty Two Thousand Six Hundred Forty Two Dollars and No Cents ($3,652 x 6.2 acres = $22,642.00). 4. Water Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying applicable Water Trunk requirements. The 2019 Water Trunk Fee applicable to the Plat is $6,601.00 per acre. The PERMITTEE must pay a Water Trunk Fee of Forty Thousand Nine Hundred Twenty Six Dollars and No Cents ($6,601 x 6.2 acres = $40,926.00). 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 2019 Stormwater Management Fee is $4,855.00 per acre. The PERMITTEE must pay a Stormwater Management Fee of Thirty Thousand One Hundred One Dollars and No Cents ($4,855 x 6.2 acres = $30,101.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 8. Street Light Fee. No new streetlights are proposed; therefore, no street light fee is due. 9. Street Light Operation and Maintenance Fee. No new streetlights are proposed; therefore, no street light operation and maintenance fee is due.