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EXHIBIT B <br />Fees Payable to the City <br />1. The PERMITTEE acknowledges that these fees listed in Exhibit B are established for 2026 and <br />the PERMITTEE will be charged the rate charged is in effect when the Plat is recorded. <br />2. Park Dedication. The PERMITTEE is responsible for satisfying applicable Park Dedication Fee <br />requirements. PERMITTEE must pay a Park Dedication Fee of $460,600.00 (98 units x $4,700.00 <br />per unit). In lieu of fees on the first 165 lots in the Trott Brook Crossing development (this phase <br />and future phases), land was dedicated to the City and credited as follows: <br />Trott Brook Crossing 52 lots <br />Trott Brook Crossing Second Addition 10 lots <br />Trott Brook Crossing Third Addition 38 lots <br />Trott Brook Crossing Fourth Addition 65 Lots credited (33 must be paid) <br />Total credited lots to date 165 lots <br />This phase exhausts the credits given as a result of the land dedication. The remainder 33 lots in <br />this phase require a park dedication fee of $155,100.00. <br />Within Outlot D, a parking lot is proposed for the park. For efficiency, the parking lot will be <br />constructed by PERMITTEE according to CITY specifications. Cost of the parking lot <br />construction will be credited against the Park Dedication amount listed above. In the event the <br />actual cost exceeds this amount, the remainder will be credited against the Park Dedication fee(s) <br />in future phase(s). <br />Outlots A and D are lands to be used for park purposes and considered a part of the land dedication <br />as set forth in the preliminary plat. The PERMITTEE shall provide the CITY with warranty deeds <br />after the trail is constructed and groundcover established. <br />3. Trail Development Fees. The PERMITTEE is responsible for satisfying applicable Trail <br />Development Fee requirements. PERMITTEE must pay a Trail Development Fee of $154,350.00 <br />(98 units x $1,575 per unit), with a credit of $73,150.00 carried over from the plat of Trott Brook <br />Crossing Third Addition, for a total of $81,200.00. <br />Near Outlot A, a boardwalk and bridge spanning Trott Brook to connect to the Brookview Trail is <br />proposed. The PERMITTEE shall construct these according to CITY and Minnesota Department <br />of Natural Resources specifications. Cost of this construction will be credited against the Trail <br />Development amount listed above. In the event the actual cost exceeds this amount, the remainder <br />will be credited against the Trail Development fee(s) in future phase(s). <br />4. Sanitary Sewer Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying <br />applicable Sanitary Sewer Trunk Fee requirements. PERMITTEE must pay a Sanitary Sewer <br />Trunk Fee of $141,512.00 (98 units x $1,444.00). <br />5. Water Connection (Trunk) Fees. The PERMITTEE is responsible for satisfying applicable Water <br />Trunk Fee requirements. PERMITTEE must pay a Water Trunk Fee of $210,798.00 (98 units x <br />$2,151.00 per unit). <br />6. Stormwater Management Fee. The PERMITTEE is responsible for satisfying applicable <br />12 <br />