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Agenda - Council - 08/24/2021
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Agenda - Council - 08/24/2021
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3/14/2025 3:07:01 PM
Creation date
9/30/2021 9:19:30 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/24/2021
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Parcel DescriDescription <br />Area <br />Allocation % <br />Assessment Amount 7 <br />Lot 1. Block 1 <br />86.436acres <br />60% <br />S1,014,.006.34 <br />Outlot B <br />45.196 acres <br />33% <br />S563,751.00 <br />O u t l t D <br />9.621 acres <br />7% <br />S123,320.00 <br />Total <br />S1,701,077.34 <br />The composition of the maximum um amount of Project Costs is set forth as listed below: <br />Estimated_ I m rov m ent Costs <br />Street and Trail Improvement - Bunker Lake Extension <br />Drainage Improvements - Bunker Lake <br />Sanitar Sewer - Bunker Lake <br />Waternnain Extension - Bunker Lake Blvd. <br />Puma Street Surfacini & Trail <br />5% Continuency <br />En Costs <br />Developer Construction Engineering Fee <br />Design Engineering Fee <br />3 for City Construction Administration <br />Allocation of Development Fees <br />Sanitary Sewer Trunk Fee <br />Stonwater Trunk Fee <br />Water Trunk Fee <br />Trail Development Fee <br />Dirt Road Elimination Program <br />Sub -total <br />Sub -total <br />Sub -total <br />Sub -total <br />Grand Total <br />$429,133.32 <br />II3,17.3I <br />$135,09.73 <br />S246,717.05 <br />S247.351.74 <br />S1,171.475.15 <br />{ s <br />$58,573.76 <br />S1,230,048.91 <br />S64,363.59 <br />S85,000.00 <br />S35,144.25 <br />S184,507.84 <br />S70,374.44 <br />103,13 .15 <br />$215, 97.27 <br />$58M43.00 <br />S447,051.86 <br />(S160.531.28) <br />S1,701,077.34 <br />4. Waiver by Owner. The Assessments levied under Section 3 above shall he <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 I City Improvements in an <br />amount at least equal to the amount of the Project Costs, and hereby unconditionally \valves all <br />procedural and substantive objections to the Assessment, includingwithout limitation any right <br />to a hearing and any right to appeal the levyingof the Assessment. <br />
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