Agenda - Council - 09/13/2022 - Laserfiche WebLink

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EXHIBIT C Fees Payable to the City 1. Park Dedication. The PERMITTEE is responsible for satisfying applicable Park Dedication requirements. The PERMITTEE has satisfied this requirement by deeding the area entitled Park on the Plat to the CITY. 2. Trail Development Fees. The PERMITTEE is responsible for satisfying applicable Trail Development Fee requirements. PERMITTEE must pay a Trail Development Fee of $22,152.00 (17.04 acres x $1,300.00). 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 Fee requirements. PERMITTEE must pay a Sanitary Sewer Trunk Fee of $67,018.00 (17.04 acres x $3,933.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 4. Water Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying applicable Water Trunk Fee requirements. PERMITTEE must pay a Water Trunk Fee of $121,120.00 (17.04 acres x $7,108.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 5. Sanitary Sewer Lateral Benefit Fees. The CITY will be installing the sanitary sewer line as part of the reconstruction of 161st Avenue, which directly benefits the Subject Property. Therefore, the PERMITTEE is responsible for satisfying applicable Sanitary Sewer Lateral Benefit requirements. PERMITTEE must pay a Sanitary Sewer Lateral Benefit Fee of $34,125.94. 6. Water Lateral Fees. The CITY will be installing the watermain line as part of the reconstruction of 161 st Avenue, which directly benefits the Subject Property. Therefore, the PERMITTEE is responsible for satisfying applicable Water Lateral Benefit requirements. PERMITTEE must pay a Water Lateral Benefit Fee of $38,589.82. 7. Stormwater Management Fee. The PERMITTEE is responsible for satisfying applicable Stormwater Trunk Fee requirements. PERMITTEE must pay a Stormwater Management Fee of $87,773.00 (17.04 acres x $5,151.00). The PERMITTEE acknowledges that these fees are estimates. The rate in effect when the Plat is recorded will be collected. 8. Tree Removal Restitution Fee. The PERMITTEE is responsible for satisfying the Reforestation/Restitution Requirement as outlined in City Code Section 117-327 (g). The PERMITTEE will satisfy this requirement with a combination of reforestation and restitution. Per the approved Landscape Plan, the PERMITTEE must pay a Restitution Fee of Fifty -One Thousand Four Hundred Eighty Dollars and No Cents ($51,480.00). If the Bid Alternate on the approved Landscape Plan is implemented, the CITY will reimburse the PERMITTEE Twenty -Two Thousand Five Hundred Twenty -Two Dollars and No Cents ($22,522.00), which is the difference between the Base Bid and Alternate Bid. 12