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Agenda - Council - 03/24/2026
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Agenda - Council - 03/24/2026
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4/17/2026 10:43:19 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/24/2026
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EXHIBIT B <br />Fees Payable to the City <br />1. Park Dedication. The PERMITTEE is responsible for satisfying applicable Park <br />Dedication Fee requirements. PERMITTEE must pay a Park Dedication Fee of <br />$150,400.00 (32 units x $4,700.00 per unit). The PERMITTEE acknowledges that these <br />fees are estimates. The rate in effect when the Plat is recorded will be collected. <br />2. Trail Development Fees. The PERMITTEE is responsible for satisfying applicable Trail <br />Development Fee requirements. PERMITTEE must pay a Trail Development Fee of <br />$50,400.00 (32 units x $1,575.00 per unit). The PERMITTEE acknowledges that these fees <br />are estimates. The rate in effect when the Plat is recorded will be collected. <br />3. Sanitary Sewer Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying <br />applicable Sanitary Sewer Trunk Fee requirements. PERMITTEE must pay a Sanitary <br />Sewer Trunk Fee of $46,208.00 (32 units x $1,444.00). The PERMITTEE acknowledges <br />that these fees are estimates. The rate in effect when the Plat is recorded will be collected. <br />4. Water Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying applicable <br />Water Trunk Fee requirements. PERMITTEE must pay a Water Trunk Fee of $68,832.00 <br />(32 units x $2,151.00 per unit). The PERMITTEE acknowledges that these fees are <br />estimates. The rate in effect when the Plat is recorded will be collected. <br />5. Stormwater Management Fee. The PERMITTEE is responsible for satisfying applicable <br />Stormwater Trunk Fee requirements. PERMITTEE must pay a Stormwater Management <br />Fee of $18,304.00 (32 units x $572.00 per unit). The PERMITTEE acknowledges that <br />these fees are estimates. The rate in effect when the Plat is recorded will be collected. <br />6. COR Stormwater Basin Contribution. The PERMITTEE previously paid $27,677.50 to <br />contribute to the costs of the regional stormwater basin in lieu of providing on -site <br />stormwater basins. This amount covers the previous phases, current phase and future <br />phases within Outlot F. <br />7. Street Sign Fee. While the CITY provides and installs the street name and traffic control <br />signage, the PERMITTEE is responsible for paying for them at a rate of $ 265.00 per sign. <br />PERMITTEE must pay a Street Sign Fee of $795.00 (3 x $265.00 no parking signs). <br />8. Development Fees for the Outlots. The PERMITTEE acknowledges that development <br />fees are not being collected for any Outlots. The PERMITTEE acknowledges that <br />development fees will be due upon development of any of the Outlots. The rate in effect <br />at the time said future plat(s) is recorded will be collected. <br />13 <br />
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