HomeMy WebLinkAbout6.l. Approve Subdivision Agreement - Prestwick Place 4th Addition Street & Utility Improvements, City Project 444 �� ROSE��.!`�l �IT EXECUTIVE SUMMARY
CITY COUNCIL
City Council Meeting: August 21, 2012
AGENDA ITEM: Approve Subdivision Agreement—
Presfinrick Place 4�' Addition Street & AGENDA SECTION:
Utility lmprovements, City Project 444 Consent
PREPARED BY: Andrew J. Brotzler, PE, Director of �� qGENDA NO. �,I,
Works / City Engineer
ATTACHMENTS: Subdivision Agreement APPROVED BY:
RECOMMENDED ACTION: Motion to Approve the Subdivision Agreement for the
Presfinrick Place 4th Addition Street and Utility lmprovements, City Project 444
BACKGROUND:
The Rosemount City Council approved the final plat for the Prestwick Place 4`''Addition at the August 6,
2012 City Council meeting,contingent upon an executed subdivision agreement with the developer,D.R.
Horton. Attached for your review is the final draft of the subdivision agreement that has been reviewed
and is expected to be executed byD.R Horton.
SUMMARY:
Staff recommends Council approve the subdivision agreement for the Prestwick Place 4th Addition Street
&Utility Improvements, City Project 444.
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SUBDNISION AGREEMENT
Prestwick Place 4�'Addition
AGREEMENT dated this day of , 2012,by and between the
CIT'Y OF ROSEMOUNT,a Minnesota municipal corporation, (the "City"), and D.R.HORTON,INC.-
MINNESOT�, a Delaware Corporation, (the "Developer").
1. Rec�xest for Plat A�proval. The Developer has asked the Ciry to approve the subdivision of land
and a plat of land to be known as PYestwick Place 4`�' Addition, which land is legally described on
Attachment One, attached hereto and hereby made a paxt hereof (hereinafter xeferred to as the
"subject pYOperty").
2. Conditions of Plat A�proval. The City has approved the subdivision and the plat on the following
conditions:
a. Incorporation of recommendations of the City Engineer concerning design and installa.tion of
public infrastructure and including grading, erosion control, streets and utilities.
b. Execution of a Subdivision oY Development Agreement to secure the public and private
improvements.
c. Payment of all applicable fees including G.I.S.,Park Dedication and other fees identified in the
current fee schedule.
d. Incorporation of any easements necessary to accommodate drainage,ponding,trails,underpasses,
conservation areas, streets and utilities.
e. Payment of�126,810 for the Developer's share of Connemara Trail extension project This amount
is based on bid prices of$12,643.11 per acre x 10.03 acres,as indicated in ATTACF�NT T�O.
f. Payment of $2,792 for the Developer's share of the consttuction of Akron Avenue. This
amount is based on construction cost of $278.39 per acre x 10.03 acres, as indicated in
ATTACHMENT`I�UO.
3. Phased Development. The City may refuse to approve final plats of subsequent additions of the
plat if the Developer has breached this Agreement and the breach has not been remedied.
Development of subsequent phases may not proceed until Subdivision Agreements for such phases
are approved by the City.
4. Effect of Subdivision A�proval. For two (2) yeaxs from the date of this Agreement, no
amendments to the City's Comprehensive Plan, except an amendment placing the plat in the current
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urban service area, or official controls shall apply to or affect the use, development density, lot size,
lot layout or dedicarions of the approved plat unless required by state or federal law or agYeed to in
writing by the City and the Developer. Thereafter, notwithstanding anything in this Agreement to the
contrary, to the full extent permitted by state law, the City may Yequire compliance with any
amendments to the City's Comprehensive Guide Plan, official controls, platting or dedication
Yequirements enacted after the date of this Agreement.
5. Development Plans. The subject property shall be developed in accordance with the following
plans, original copies of which are on file with the City Engineer. The plans may be prepared, subject
to City approval, after entering this Agreement, but before commencement of any work on the
Subject Property. If the plans vary from the written terms of this Agreement, the written terms shall
control. The pla.ns are:
Plan A -Plat
Plan B - Soil Exosion Control Plan and Schedule
Plan C -Drainage and Storm Water Runoff Plan
Plan D -Plans and Specifications for Public Improvements
Plan E- Grading Plan and House Pad Elevations
Plan F - Street Lights
Plan G-Landscape Improvements
6. Installation bv Develo�er. The DevelopeY shall install or cause to be installed and pay for the
following,hereinafter xeferred to as the"Developer Improvements":
A. Setting of lot and block monuments
B. Surveying and staking of work required to be performed by the Developer
C. Gas,electric, telephone,and cable lines
D. Site gxading
E. Landscaping
F. Streetlights
G. Other items as necessary to complete the development as stipulated herein or in other
agreements
7. Time of Performance. The Developer shall install all required improvements enumerated in
ParagYaph 6 which will serve the subject property by Septembex 2013. The Developer may, however,
request an extension of time from the City. If an extension is granted, it shall be conditioned upon
updating the security posted by the Developer to reflect cost increases and the extended completion
date.
8. Public Infrastructure. The following improvements,hexeinafter referred to as "Public Infrastructute
Impxovements" (known as City Project 444), shall be designed, inspected, surveyed and administered
bp the City, and installed in the Subject Property at Developer expense by a Contractor selected by the
City thxough the public bidding process:
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A. Sanitary Sewer
B. Watermain
C. Storm Sewer
D. Streets
E. Sidewalks/Pathways
Attachment One shows the area within which the Public Infrastructure Improvements will be
constructed pursuant to this Para�aph. Contracts shall provide for construction in accordance with
plans and specifications prepared by the City or its consultants. The City will not enter into such
contracts until all conditions of plat and subdivision approval have been met, the plat is recoYded, and
the City has received the bonds and security required by th.is agreement.
The City will obtain any necessary permits from the Minnesota Pollution Control Agency,Departtnent
of Health and all other agencies before proceeding with construction.
9. Deposit for Cost of Public Infrastructure Im�rovements. For the purpose of financing the
construction, installation and maintenance of the Public Infrastructure Improvements, the Developer
shall prompdy make payments to the City of sums deemed necessary by the Ciry to make timely
payments to its contractor as follows:
a. As construction of the Public Infxastructure Improvements proceeds, the City will give written
notice specifying an amount due fxom the Developer to covex one or more periodic payments to
the City's contractor. Payments shall be due no later than ten (10) days after receipt of notice by
the Developer.
b. No interest will be paid or credited to the Developer on funds held by the City in the deposit.
Following final payment for Public Infrastructure Improvements the Ciry will retuxn any unused
funds in the deposit to the Developer.
c. Upon execution of this Agreement, the Developer will provide a letter of credit from a local
bank in form satisfactory to the City in the amount of One Million, One Hundred Eighty-Five
Thousand, Five Hundred Eighry-One Dollars ($1,185,581) [calculated by multiplying the
estimated construction costs ($1,077,801) by 110% (1.1)], conditioned on the prompt and
faithful performance by the Developer of its obligations under this paragraph 9. This letter of
credit may be combined with any other letter of credit given to secure performance under this
Agreement,provided the form thereof is approved by the Ciry.
d. In the event the City does not recover its costs for completing the Public Infrastructure
Improvements under the provisions of this paragraph, as an additional remedy, the City may, at
its option, assess the Subject Property in the manner provided by Minnesota Sta,tutes, Chaptex
429, and the Developer hereby consents to the levy of such special assessments without notice
or hearing and waives its rights to appeal such assessments pursuant to Minnesota Statutes,
Section 429.081, pxovided the amount levied, together with the funds deposited with the City
under this paragraph, does not exceed the expenses actually incurred by the City in the
completion of the Public Infxastructure ImpYOVements.
10. Security for Developer Improvements. To guarantee compliance with the terxns of this Agreement,
payxnent of the costs of all Developer Improvements, and construction of all Developer
Improvements (as noted in Paragraph 6), the Developer shall furnish the City with a cash escrow or
irrevocable letter of credit from a local bank ("security") in the amount of One Hundred Forty-Two
Thousand, S�teen Dollars ($142,016), which is 110% of the estimated cost of the Developer
Improvements. The amount of the security was calculated as follows:
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Cost 110%
Gradin &Erosion Control $35,105 $38,616
Pond Restozation and EYOSion
Control Removal $25,000 $27,500
Surve Monumentation $14,000 $15,400
Landsca in $19,000 $20,900
Street Li htin 9 li hts $36,000 $39,600
Total $129,105 $142,016
Refer to Exhibit A and Exhibit B for an explanation of each item.
The bank and form of the letter of credit or other security shall be subject to the approval of the City
Administtator. The letter of credit shall be automatically xenewable until the City releases the
developer from responsibility. The letter of credit shall secure compliance with the texms of this
Agreement and all obligarions of the Developer under it. T"he City may draw down on the letter of
credit without notice if the obligations of the Developer have not been completed as required by this
Ag�eement. In the event of a default under this Subdivision Agteement by the Developer, the City
shall furnish the Developer with written notice by certified mail of Developers default(s) under the
terms of this Subdivision Agteement. If the Developer does not remove said default(s) within two (2)
weeks of receiving notice, the City may draw on the letter of credit. With City approval, the letter of
credit may be reduced from time to time as financial obligations are paid and developer-installed
improvements completed to the City's requirements.
11. Grading Plan/Site Grading. Site grading shall be completed by the Developer at its cost and
approved by the City Engineer. The completion of grading activities will need to be coordinated by
the City in conjunction with the installa.tion of utilities. Developer shall furnish the City Engineer
satisfactory proof of payment for the site gxading work and shall submit a certificate of survey of the
development to the City as the site grading is completed by phase, with street and lot g�ades. If the
installation of utilities is occurring simultaneously with the grading, the utility contractor shall have
preference over the grading activities. No substantial grading activities can be completed over
installed utilities unless otherwise protected. All improvements to the lots and the final grading shall
comply with the gYading plan as submitted and shall be the responsibility of the Developer.
12. License. The Deve�oper hereby grants the City, its agents, employees, officers and contractors a
license to enteY the Subject Property to perform all woYk and inspections deemed appropxiate by the
City during the installation of Public Infrastructure Improvements.
13. Erosion Control. Prior to site gxading, and before any utility construction is commenced or building
permits are issued, the erosion control plan, Plan B, shall be implemented, inspected and appxoved by
the City. All areas disturbed by the excavation and backfilling operations shall be reseeded within 72
hours after the completion of the work in that area. Except as otherwise provided in the erosion
control pla.n, seed shall be rye grass or other fast-growing seed suitable to the e�sting soil to provide a
temporary ground cover as rapidly as possible. All seeded areas shall be mulched and disc-anchored as
necessary for seed retention.
All basement and/or foundation excavation spoil piles shall be kept completely off City right-of-way
and shall be completely surrounded with an approved erosion control silt fence. Approved erosion
control fencing shall be installed around the perimeter of each lot or at City-approved locations at the
time of building pexmit issuance and remain in place until the lot is seeded or sodded. A 20-foot
opening will be allowed on each lot for construction deliveries.
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The parties recognize that time is critical in controlling erosion If development does not comply with
the erosion control plan and schedule, or supplementary instructions received from the City, the City
may take such action as it deems appYOpriate to control erosion. This Yight also applies to the required
erosion control for basement and/or foundation excavation spoil piles. The City will attempt to
notify the Developer in advance of any proposed action, but failure of the City to do so will not affect
the Developer's or City's rights or obligations hereunder. If the Developer does not reunburse the
City for any cost the City incurred foY such work within thirty (30) days, the City may draw down the
letter of credit to pay any costs. No development will be allowed, and no building permits will be
issued unless the Subject Property is in full compliance with the erosion control requirements.
14. Planting, and Seeding. Landscaping shall be in accordance with Landscape Plans approved by the
City Pla,nner.
15. Clean un. The Developer shall clean streets of dirt and debris that has resulted from construction
work by the Developer, its agents or assignees. The City will inspect the site on a weekly basis and
determine whether it is necessary to take additional measures to clean dirt and debris from the streets.
After 24 hours verbal notice to the Developer, the Ciry will complete or contract to complete the
clean up at the Developex's expense in accoxdance with the procedures specified in Paragraph 13. The
Developer shall inspect and, if necessary, clean all catch basins, sumps, and ponding areas of
erosion/siltation and restore to the original condition at the end of home construction within this
development. All silt fence and other erosion control should be removed following the establishment
of turf. These items are to be secured through the letter of credit as is noted in Exhibit A.
16. Ownershi� of Improvements. Upon completion and Ciry acceptance of the work and construction
required by this Agreement, the public improvements lying within public rights-of-way and easements
shall become City property without further notice or action unless the improvements are sla,ted as
private infrastructuxe.
17. Warrantv. The Developer warrants all work required to be performed by it against poox material and
faulty workmanship for a period of two (2) years after its completion and acceptance by the City. All
trees, grass and sod shall be warranted to be alive, of good quality and disease free fox twelve (12)
months after planting.
18. Res�onsibility for Costs.
A. Except as otherwise specified herein, the Developer shall pay all costs incurred by it or the City
in conjunction with the development of the Subject Property including, but not limited to, Soil
and Water Conservation District chaxges, legal, planning, engineering and inspection e�enses
incutred in connection with approval and acceptance of the subdivision and the plat, the
pxeparation of this Agreement and any amendments hereto, and all costs and e�enses incurred
by the City in monitoring and inspecting the development of the Subject Property.
B. The Developer sha11 hold the City and its officers and employees harmless from claims made by
itself and third paYties for damages sustained or costs incurred resulting from plat or subdivision
approval and development of the Subject Pxoperty. The Developer shall indemnify the City and
its officers and employees for all costs, damages or expenses which the City may pay or incur in
consequence of such claixns,including attorney's fees.
C. The Developer shall reunburse the City for costs incurred in the preparation and enforcement of
this Agreement, including engineering and attorney's fees. The estimated City fees of$293,712
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shall be deposited with the City at the time this Agreement is signed, and YepYesent the following
estimates:
$10,000 Engineering Review Fees (estimate)
$215,560 Engineering Design and Construction Admin Fees (estimate)
$3,000 Attorney Fees (estimate)
$53,890 5% City Fees
$2,592 Street Light Energy Cost
8 670 Sea1 Coating
$293,712
If the actual City £ees exceed this estimate, the Developer shall pay the additional costs to the
City within ten (10) days of the request. If actual City fees are lowex than this estimate, any
surplus funds will be returned to the developeY when the project fund is reconciled and closed.
D. The Developex shall pay in full all bills submitted to it by the City for obligations incurred under
this Agreement within thirty (30) days aftex receipt. If the bills axe not paid on time, the City
may halt development work and construction including, but not limited to, the issuance of
building permits for lots which the Developer may or may not have sold, until the bills are paid
in full. Bills not paid within thirry (30) daps shall accrue interest at the rate of nine percent (9%)
per year.
E. The Developer shall pay all energy costs for street lights insta.11ed within the Subject Property for
24-months at a cost of$12/month/light. After that, the Ciry will assume the energy costs.
F. The Developer will pay the cost of sealcoating the streets within the development at a cost of
$1.70/SY. The sealcoating will be completed within two (2) years following wear course
placement.
G. The Developer will pay the cost of fog sealing the trails within the development at a cost of
$0.09/SF. The fog sealing will be completed within two (2) years following trail installation.
19. The Developer agrees to pay fees, charges and assessments set forth in this Section prior to, or at the
time of execution of any plat by the City:
A. Geographic Information System (GIS) fees in the amount of$1,680
B. Storm Sewer Trunk AYea Charges in the amount of$68,856
C. Sanita.ry Sewer Trunk Area Chaxges in the amount of$10,782
D. Watermain Trunk Area Charges in the amount of$65,195
E. Akron Avenue assessment in the amount of$2,792.
F. Connemara Trail assessment in the amount of$126,810.
Or othex amounts for such fees as in effect at the time of plat approval.
20. The Developer understands that builders will be required to pay for the Subject Property fees, charges
and assessments in effect at the time of issuance of building permits. The rates fox each of these items
will be set according to the ciarrent rate structure at the time the building permit is received. The fees,
charges, and assessments in effect as of the date of this agreement are:
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A. Metropolitan Council Environmental Services Availability Charges per SAC unit (current rate is
$2,365).
B. Storm Sewer Connecrion Charges per single family unit and per mulriple family unit (single
family currently at$770;multi-fainily curYendy at$290 per housing unit).
C. Sanitary Sewer Availability Charges per SAC unit (currently at$1,200/SAC unit).
D. Water Availability Charges per SAC unit (curYently at $2,175/SAC unit for single family
xesidential and multi-family residential).
E. Park dedication fees (currendy$3,400 per single-family unit).
21. Building Permits. No occupancy permits shall be issued until:
A. The site grading is completed and approved by the City.
B. All public utiliries axe tested, approved by the City Engineer,and in service.
C. All curbing is installed and backfilled.
D. The first lift of bituminous is in place and approved by the City.
E. All building permit fees are paid in full.
F. No early building permits will be issued.
The Developer, in executing this Agreement, assumes all liability and costs fox damage or dela,ys
incurred by the City in the construction of public improvements caused by the Developer, its
employees, contractors, subcontractors, material men or agents. No occupanry permits shall be
issued until the public streets and utilities referred to in paragraph 6 and 8 are in and appxoved by
the City,unless otherwise authorized in writing by the City Engineer.
22. Record Drawin�s. At project completion, Developer shall submit record drawings of all public and
private infrastructuYe improvements in accordance with the City's Engineering Guidelines. No
secuxities will be fully xeleased until all record drawings have been submitted and accepted by the City
Engineer.
23. Develo�er's Default. In the event of default by the Developer as to any of the work to be
perforxned by it hereunder, the City may, at its option, perform the work and the Developer shall
prompdy reimburse the City for any expense incurxed by the City, provided the Developer is first
given notice of the work in default,not less than 48 hours in advance. This Agreement is a license for
the City to act, and it shall not be necessary for the City to seek a court order for permission to enter
the land. When the City does any such work, the City may, in addition to its other remedies, levy the
cost in whole or in part as a special assessment against the Subject Property. Developer waives its
rights to notice of hearing and hearing on such assessments and its right to appeal such assessments
pursuant to Minnesota Statutes, Section 429.081.
24. Miscellaneous.
A. The Developer represents to the City that the development of the Subject Property, the
subdivision and the plat comply with all city, counry, metropolitan, state and federal laws and
regulations including, but not limited to: subdivision ordinances, zoning ordinances and
environmental regularions. If the Ciry determines that the subdivision, or the plat, or the
development of the Subject Property does not comply, the City may, at its option, refuse to
allow construction or development woxk on the Subject Property until the Developer does
comply. Upon the City's demand,the Developer shall cease work until there is compliance.
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B. Third parties shall have no recourse against the City under this Agreement.
C. Breach of the terms of this Agreement by the Developer shall be grounds for denial of builcling
permits,including lots sold to third parties.
D. If any portion, section, subsection, sentence, clause, paragraph ox phase of this Agreement is for
any reason held invalid, such decision shall not affect the validity of the remauung portion of
this Agreement.
E. If building permits are issued prior to the completion and acceptance of public unprovements,
the Developer assumes all liability and costs resulting in delays in completion of public
improvements and damage to public improvements caused by the City, the Developex, its
contractors, subcontractors,material men,employees,agents or third parties.
F. The action or inaction of the City shall not constitute a waiver or amendment to the provisions
of this Agreement. To be binding, amendments or waivers shall be in writing, signed by the
parties and approved by written resolution of the City Council. The City's failure to prompdy
take legal action to enforce this Agreement shall not be a waiver or release.
G. This Agreement shall run with the land and may be recorded against the title to the property.
The Developer shall take such steps, including execution of amendments to this Agreement, as
are necessary to effect the xecording hereof. After the Developer has completed the work
required of it under this Agreement, at the Developer's request, the City will execute and deliver
to the Developex a release.
H. Each right, power or remedy heYein conferred upon the City is cumulative and in addition to
evexy other right, power ox remedy, expxess or implied, now or hereafter arising, available to the
City, at law oY in equity, or undex any othex agYeement, and each and every right, power and
Yemedy herein set forth or otherwise so exciting may be exercised from time to time as often and
in such oYder as may be deemed e�edient by the City and shall not be a waiver of the xight to
exercise at any time thereafter any other right,power or remedy.
I. The Developer may not assign this Agreement without the written permission of the City
Council.
25. Notices. Requited notices to the Developex shall be in writing, and shall be either hand delivered to
the DevelopeY, its employees or agents, oY mailed to the Developer by xegistered mail at the following
address:
Mr. Mike Suel
D.R. Horton,Inc. - Minnesota
20860 Kenbridge Conrt, Suite 100
Lakeville,MN 55044
Notices to the City shall be in writing and shall be either hand delivered to the City Administrator, or
mailed to the City by registexed mail in care of the City Administrator at the following address:
City Administrator
Rosemount City Hall
2875 145�' Street West
Rosemount,Minnesota 55068
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IN WITNESS WHEREOF, the parties have hereunto set their hands the day and year first above
written.
CITY OF ROSEMOUNT
BY:
William H. Droste, Mayor
BY:
Amy Domeier, City Clerk
STATE OF MINNESOTA �
�SS
COUNTY OF DAKOTA �
The foregoing instrument was acknowledged before me this day of ,2012,
by William H. Droste,Mayor, and Amy Domeier, City Clerk, of the City of Rosemount,a Minnesota
municipal corporation, on behalf of the corporation and pursuant to the authoYiry granted by its City
Council.
Notary Public
D.R. HORTON, INC. - MINNESOTA
BY:
Its
BY:
Its
STATE OF MINNESOTA �
�SS
COUNTY OF �
The foregoing instrument was acknowledged before me this day of , 2012
by ,its ,and ,its
of D.R. Horton, Inc. - Minnesota, a Dela,ware Corporation, on
behalf of said corporation.
Notary Public
Drafted By:
City of Rosemount
2875 145th Street West
Rosemount,MN 55068
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EXHIBIT A
The following clarifies the various portions of the letter of credit for Developer Improvements that are
outlined in the Subdivision Agreement:
Grading & Erosion Control—A Yestoration and erosion control bond to ensure re-vegetation and erosion
control ($3,500/acxe). Note: The minimum bond amount is set at$25,000.
Pond Restoration/Erosion Control Removal — A security to allow for cleaning of sedimentation ponds
prior to City acceptance, and removal of any installed erosion control measures such as silt fence and wood
fibex blanket following development of 75 percent of adjoining lots (estimated lump sum).
Surve� Monumentation — An amount equal to 110% of the cost to monument all lots within the
development.
Landsca��� — An amount equal to 110% of the cost to complete the minimurn required landscaping. If
additional landscaping is planned, a bond for that cost is not required.
Retainuig Walls—An amount equal to 110% of the cost to complete the retaining wall construction.
Street Lightine — An amount equal to 110% of the cost to complete the minrmum required lighting. If
additional lighting is planned, a bond for that cost is not required ($4,000 per light has been used to calculate
this cost).
Buffer Monuxnentation — An amount equal to 110% of the cost to manufacture and install the necessary
buffer monumentation signs around all ponds and wedands ($50 per sign has been used to calculate this
cost).
Park Ec�ui�ment—An amount equal to 110% of the cost of ixnprovements agreed upon to be completed in
the park areas.
Wetland Monitorine — An amount equal to 110% of the cost to hire a wetland specialist to monitor the
mitigation areas fox 5 years to ensure their propex creation. This wetland specialist will be hired by the City.
Wetland Restoration/Mitieation — An amount equal to 110% of the cost to develop new wetlands shoula
the mitigation not be effective ($20,000 per acre of mitigation).
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EXHIBIT B (Page 1 of 2)
Letter of Credit for Developer Improvements(due before signed lat is released)
No. Item Cost 110% Calculation
1 Gradin and Erosion Control $ 35,105 $ 38,616 $3500/acre x 10.03 acres
2 Pond Restoration and Erosion Control Removal $ 25,000 $ 27,500 Minimum$25,000
3 Surve Monumentation $ 14,000 $ 15,400 $500/lot x 28 lots
4 Retainin Wall $ - $ - N/A
5 Landsca in $ 19,000 $ 20,900 Per Ci Planner 76 trees*$250
6 Street Li hts $ 36,000 $ 39,600 91i ts x$4000/li ht
7 Buffer Monumentation $ - $ - N/A
8 Pazk E ui ment/Im rovements $ - $ - N/A
9 Wetland Restorarion/Miti ation $ - $ - N/A
10 Wetland Monitorin $ - $ - N/A
Total $ 129,105 $ I42,016
Letter of Credit for Public Infrastructure(due with si ed a ment)
No. Item Cost 110% Calculadon
1 Estimated Conshuction Cost $ 1,077,801 $ 1,185,581 Based on esrimated consriuction cost
2 Cash De osit(due before recei t of bids) $ - No inirial cash d osit, er a ent
Total $ 1,185,581
City Fees(due with si ed a eement)
No. Item Cost Calculation
1 En ineerin Review Fees $ 10,000 Ci En ineer Estimation
2 En ineerin Desi n and Construction Admin Fees $ 215,560 20%of Esrimated Construction Cost
3 Attorne Fees $ 3,000 Estimate
4 5%Ci Administrative Fees $ 53,890 5%of Estimated Construction Cost
5 Street Li ht Ener Cost $ 2,592 91i ts x 24 months x$12/month
6 Trail Fo Seal $ - N/A
7 Seal Coarin $ 8,670 $1.70/SY x 5100 SY 53%of total ROW
Total $ 293,712
Development Fees(due before signed plat is released)
No. Item Cost Calcularion
1 GIS Fees $ 1,680 $60/unit x 28 units,or$120/acre
2 Storm Sewer Trunk Char e $ 68,856 $6865/net develo able acre x 10.03 acres
3 Sanit Sewer Trunk Char e $ 10,782 $1075/acre x 10.03 acres
4 Watermain Trunk Char e $ 65,195 $6500/acre x 10.03 acres
5 Stormwater Pondin Fee $ - N/A
Total $ 146,513
Development Fees(due with each building pernut applicarion)
No. Item Cost Calcularion
1 Park Dedication $ 95,200 28 units x.04 x$85,000
Total $ 95,200
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EXHIBIT B (Page 2 of 2)
Totals
Block Lots Units Block Lot Units S FT Acres
1 9 9 1 1 1 23374.10 0.54
2 10 10 1 2 1 16350.86 038
3 9 9 1 3 1 13827.25 0.32
1 4 1 11664.59 0.27
1 5 1 1052530 0.24
1 6 1 9869.22 0.23
Total 28 28 1 7 1 9860.00 0.23
1 8 1 9860.00 0.23
Total Plat Area= 32.45 acres 1 9 1 10150.00 0.23
Park Dedication= 0.00 acres 2 1 1 12691.90 0.29
Future Plat Area= 22.42 acres 2 2 1 10067.77 0.23
Developable Area= 10.03 acres* 2 3 1 9735.55 0.22
Ponding to HWL= 0.00 acres 2 4 1 9425.14 0.22
Net Develo able Area= 10.03 acres 2 5 1 9221.85 0.21
2 6 1 9423.95 0.22
*Excludes future plat areas. 2 7 1 9352.88 0.21
2 8 1 9417.92 0.22
2 9 1 10144.68 0.23
2 10 1 13249.05 0.30
3 1 1 14952.08 0.34
3 2 1 9553.76 0.22
3 3 1 9973.43 0.23
3 4 1 9770.30 0.22
3 5 1 9567.16 0.22
3 6 1 9364.02 0.21
3 7 1 8801.15 0.20
3 8 1 12651.85 0.29
3 9 1 8769.44 0.20
STREET A 21584.42 0.50
STREET B 51909.31 1.19
STREET C 12283.69 0.28
ABBEYFIELD AVE 39448.34 0.91
OUTLOT A 976689.88 22.42
Total Boundary 1413530.84 32.45
G:\ENGPROJ\444\Subdivisionagreement Calcs-444
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ATTACHMENT TWO
Prestwick Place Cost Sharing
...... . ... � Acre. ...... ..... . ....... . CoenemarsTrail C000emara... . .. ,..... ... . . .. .. .
Tract Owner (Fe a ti lity) (E ti bit D) ��velopable Akroo Avenue CR 42 Access West of Akroo Trail East of Street 4 Street S Street 9 Street 14 Street 16 Street 17 Total Assessment
Platted Area Avenne Akron Avenue
y ,�;ARCON PEMTOM,LLC 15.458 15.68 14.74 $3,842 $0 535,072 $107,035 $50,198 $193,392 $134,705 SO $0 $0 $524,244
:_2��`USHOMECORPORATION 28329 2734 2829 57,041 $0 $64,275 $196,157 $50,198 $201,638 $100,239 5223,486 $0 $0 $843,033
AKRON42LLC 20.146 19.18 19.18 $19,026 $425,933 5209,012 $0 $0 $0 SO $256,136 SO $0 $91Q107
DAKOTA COUNTY COMMUNITY
4A'- 19.748 - 19.75 54,908 $0 $44,806 �136,740 SO �0 SO SO $270,310 $207,822 $664,586
DEVELOPMENT AGENCY
�4B.t ARCON PEMTOM,LLC 7.912 - 7 91 $1,967 $0 $17,951 $54,785 $0 SO SO SO $451,099 $0 $525,802
5 'USHOMECORPORATION 15.072 - 15.07 53,746 $0 $34,196 $104,362 SO $0 $0 $0 $221,401 $208,038 $571,744
AKRON42LLC 29.SI3 -- 29.52 $iQ017 $371,470 $0 $598,157 $0 $0 $0 $0 $0 $0 $988,674
��I�"'�;ARCON DEVELOPMENT INC. 16.217 1622 1622 $4,526 $0 $205,531 $0 $0 $0 $0 SO $0 $0 $21 Q056
7B„;,ARCON DEVELOPMENT INC. 117.096 117.13 11738 $32,678 $0 $t,484,049 $0 $0 $0 SO $0 $0 $0 $1,516,728
TOTAL 269.49 195.55 268.06 $96,751 5797,403 $2,094,892 $1,199,267 $]00�96 $395,030 5234,943 $479,622 $942,510 $415,860 $6,754,975
Tract 7B: ARCON DEVELOPMENT INC.
� �� Acre" � � Connemara Trail C000emara �� � �
Tract Development (Fe s ti lity) (Ea ti t D) �Developable Akroo Avenue CR 42 Accesa Weat of Akroo Trail East o( Street 4 Street 8 Street 9 Street 14 Street 16 Street 17 Total Assessment
Platted Area Aveoue Akron Aveoue
COSTPERACRE - - $278 SO $12,643 $0 � $0 $0 $0 $0 $0 $0 $12,922
76:' PRES1'WICK PLACE 2ND ADDITION - - 1231 $3,427 $0 SI55,637 $0 SO SO $0 $0 $0 $0 $159,064
78 PRESTWICK PLACE 4TH ADDITION - - 10.03 $0 EO SO $0 $0 SO $0 $0 $129,603
78 FUTURE FINAL PLAT - -- 95.04 $26,459 $0 $1,201,602 $0 $0 $0 SO SO $0 $0 $I,228,061
TOTAL 0,00 0.00 117.38 $32,678 $0 51,484,049 SO SO SO $0 SO $0 $0 51,516,728