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EXHIBIT B <br />Fees Payable to the City' <br />Park Dedication and Trail Development <br />Park Dedication2' 0-12 Units per acre <br />Trail Development, Residential 82 per unit $1,000 $82,000 <br />Subtotal Park and Trail Development $432,0001 <br />$350,000 <br />plus Outlot I <br />Water and Sewer Fees3 <br />Water Trunk (Connection) <br />Sanitary Sewer Trunk (Connection) <br />Water Main to Bowers Drive <br />Sanitary Sewer Oversizing <br />Sanitary Sewer Forcemain <br />Sanitary Sewer Stub to Park <br />82 per unit $1,945 $159,490 <br />82 per unit $1,306 $107,092 <br />($29,695.00)4 <br />($32,349.75)4 <br />($131,887.50)4 <br />($1,277.50)4 <br />Subtotal Water and Sewer Fees <br />$266,582 I <br />Stormwater Management Fees <br />Stormwater Management <br />Subtotal Stormwater Management <br />-111 <br />82 per unit $517 $42,394 <br />$42,39�4 <br />GRAND TOTAL FOR DEVELOPMENT FEES $740,976 <br />Note: SAC and WAC collected with building permit. <br />1 Fees due at time of recording. Fees outlined above indicate 2022 fees. If plat is not recorded in 2022, <br />fees at time of recording will be due. No fees due at this time for Lot 1, Block 1 or Outlot 0 (existing <br />homes), nor any outlots. <br />2 This shall satisfy park dedication requirements for the entire approved preliminary plat, as approved in <br />Resolution #21-101 for 244 lots. All other fees shall be due with each subsequent addition. <br />'City Engineer may reduce these rates based on reimbursement for building of trunk utility lines per City <br />policy. This document shall be updated accordingly and recorded with accurate reimbursement/fee <br />amounts based on length of trunk utility lines built. <br />4 Estimated reimbursement amount not included in development fees. City shall reimburse Permittee for <br />actual costs upon receipt of detailed invoice following completion and acceptance of work. <br />Sureties and <br />Inspection Fees <br />Performance Surety $3,873,775 cost of improvement 125% $4,842,219 Cash or Letter of Credit <br />(returned when complete) <br />Engineering Inspection $3,873,775 cost of improvement 5% $193,689 Cash Escrow <br />Fee <br />Landscaping Maintenance $21,240 Cash or Letter of Credit (required after <br />Guarantee performance surety release) <br />13 <br />