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Agenda - Council - 03/09/2021
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Agenda - Council - 03/09/2021
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3/14/2025 2:54:15 PM
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3/9/2021 3:59:00 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/09/2021
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Parcel Description <br />Area <br />Allocation % <br />Assessment Amount <br />Lot 1, Block 1 <br />86.436 acres <br />60% <br />$1,014,006.34 <br />Outlot B <br />45.196 acres <br />33% <br />S563.751.00 <br />Outlot D <br />9.621 acres <br />7% <br />S123.320.00 <br />Total <br />S1,701,077.34 <br />The composition of the maximum amount of Project Costs is set forth as listed below: <br />Estimated Improvement Costs <br />Street and Trail Improvement - Bunker Lake Extension <br />Drainage Improvements - Bunker Lake <br />Sanitary Sewer - Bunker Lake <br />W aterma i n Extension - Bunker Lake Blvd. <br />Puma Street Surtacin & Trail <br />5% Continizencv <br />E n . ineerinCosts <br />Developer Construction Engu-ineeriri Fee <br />Desioi Engineering Fee <br />3% for City Construction Administration <br />Allocation of Dev elo n cnt Fees <br />Sanitary Sewer Trunk Fee <br />Stormwatcr Trunk Fee <br />Water Trunk Fee <br />Trail Development Fee <br />Dirt Road Elimination Pro ram <br />Sub -total <br />Sub -total <br />Sub -total <br />Sub -total <br />Grand Total <br />$49 133.3 <br />$113,176.31 <br />13 5, 96. 73 <br />$246,717.05 <br />$247.351.74 <br />S1,171,475.15 <br />$58.573.76 <br />S1,0,0.1 <br />S64,363.59 <br />$.000.00 <br />S35,144. 5 <br />S184,507.84 <br />570,3 74.44 <br />$1,137,15 <br />$ 15.497. 7 <br />$5.043.00 <br />S447,051.86 <br />(S160.531.28) <br />S1,701,077.34 <br />4. Wainer- by Owner. The Assessments levied under Section 3 above shall be <br />deemed adopted on the date this Agreement is signed by the City. Owner, by signingthis <br />Agreement, acknowledges that the Property is benefited by the Stage 1 City Improvements in an <br />amount at least equal to the amount of the Project Costs, and Thereby unconditionally waives all <br />LI'I }t DEVELOPMENT/Legacy C/itist/ann ,4eadei <br />Development 'onnrr- Icf <br />Pre 14 of 16 <br />
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