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Calculation of Security Requirements- Hanzal Development Agreement <br /> CONSTRUCTION COSTS: <br /> Cost of Developer Improvements, description: 11 -15 -11 <br /> a. Lot access - gravel & silt fencing <br /> 5 Lots @ $500.00 each $ 2,500.00 $ 2,000 <br /> d. Wetland protection markers <br /> approximately 6 @$150.00 each $ 900.00 -0- <br /> e. Street sweeping <br /> 10 each @$250.00 each $2,500.00 -O- <br /> f. Flushing of storm sewers, once per year until <br /> all lots are built upon $1,000.00 $ 1,000 <br /> g. Shade trees (balled and burlapped) 2 per <br /> lot or 4 per corner lot (10 Total) @ $250.00 per tree $ 2,500.00 $ 2,000 <br /> h. Grading/ Mitigation/ Erosion Control $ 40,000 -0- <br /> j. Final Grade/Sod 6 ® $3,500.00 per lot $ 17,500 $14,000 <br /> k. Grading and sodding of outlots and boulevards <br /> 2,000 sfx$0.50 $ 1,000.00 $ 800 <br /> 1. Install mailboxes 5 @$250 $ 1,250.00 -0- <br /> m. Surveying, staking, setting of iron monuments $ 5,000.00 -0- <br /> Subtotal $ 68,750.00 $19,800 <br /> Guarantee of Special Assessments (3 yrs Installments) $ 65,000.00 $12,376 <br /> TOTAL COSTS $133,750.00 $32,176 <br /> OTHER COSTS: <br /> Additional requirements (50 %) $ 66,875.00 $16,088 <br /> TOTAL PROJECT SECURITIES $200,625.00 $48,300 <br /> Prepared by: Dallas Larson <br /> 14 <br />