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Parcel Descri tion <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 />1 3.3 0.00 <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 Irn rovemeut Costs <br />Street and Trail Improvement - Bunker Lake Extension <br />Drainage Improvements - Bunker Lake <br />Sanitary Sewer - Bunker Lake <br />W atermai n Extension - Bunker Lake Blvd. <br />Puma Street Surfacing . Trail <br />5% Contingency <br />En'ineerinCosts <br />Developer Construction Enuineerin2 Fee <br />Design Engineering Fee <br />3% for City Construction Administration <br />Allocation of Development ment Fees <br />Sanitary Sewer Trunk Fee <br />.'tormwater Trunk Fee <br />Water Trunk Fee <br />Trail Development Fee <br />Sub -total <br />Sub -total <br />Sub -total <br />Sub -total <br />$49,133.3 <br />113,176.31 <br />135,09 .73 <br />246,717.05 <br />47.3 51.74 <br />S1,1 1,4 5.15 <br />5.573.76 <br />S 1,0,048.1 <br />$64.363.59 <br />S.000.00 <br />S35,144.25 <br />S1 4,50" .84 <br />S7.3 74.44 <br />13,137,15 <br />$1.497.7 <br />5 .043.00 <br />S447,051.86 <br />Dirt Road Elimination Pro ran 160.531. ) <br />Grand Total 1,701,077.4 <br />4. Waiver 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 signing this <br />Agreement, acknowledges that the Property is benefited by the Stage 1City Improvements in an <br />amount at least equal to the amount of the Project Costs, and hereby unconditionally waives all <br />ALPHA DErIELOP E T/.e acr f C/ir ist c mr Academy <br />Development Contract <br />Page 14 of 1 6 <br />