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LETTER OF CREDIT - CARLSON <br /> Cost of Private Improvements, description: Unit Cost <br /> Number of Lots Remaining 26 <br /> a. Lot access - gravel & silt fencing <br /> 44 Lots @ $500.00 each 500 $ 13,000.00 <br /> b. Street name signs <br /> approximately 2 @ $250.00 each Complete <br /> c. Traffic signs, stop signs, etc. Complete <br /> approximately 3 @$250.00 each <br /> d. Trail markers Complete <br /> approximately 1 @$150.00 each <br /> e. Street sweeping <br /> 10 each @$250.00 each 2500 $ 2,500.00 <br /> f. Signage and barricades Complete <br /> 1 @$250.00 each <br /> g. Flushing of storm sewers, once per year until 1000 $ 1,000.00 <br /> all lots are built upon <br /> h. Snowplow service of streets <br /> approximately 20 @ $100.00 2000 $ 2,000.00 <br /> i. Shade trees (balled and burlapped) 2 per <br /> lot or 4 per corner lot (94 Total) at $225.00 per tree 450 $ 11,700.00 <br /> j. Final Grade /Sod/Curbstop @ $3,500.00 per lot 1500 $ 39,000.00 <br /> Subtotal $ 69,200.00 <br /> Guarantee of Special Assments(3 yrs Installments) <br /> $2293.29/lot per year through 2013 6879.87 $ 178,876.62 <br /> Total Requirement $ 248,076.62 <br /> Letter of Credit Amount $250,000 <br /> 16 <br />