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<br />Subdivision Fees - Exhibit E <br />Public Improvement Costs and Security <br />Sanitary Sewer                  67,195.50 <br />Watermain                         76,892.50 <br />Storm Sewer                      101,645.31 <br />Streets                              255,193.10 <br /> <br />Pond Grading/Erosion   39,100.00 <br />Total Public Infrastructure Cost540,026.41 <br />Per law, 150% of Infrastructure Costs810,039.62 <br />Security owed to City (bond or letter of credit)$810,039.62 <br />EXHIBIT “E TO SUBDIVISION AGREEMENT <br />Subdivision and Development Fees <br />Subdivision Fees <br />Per Development Agreement, fees are owed by Developer but may be transferred to parcel owner. <br />Fees will be calculated at the time of building permit at the rate set by the City's Fee Schedule <br />R&R Leasing, Inc. <br />applicable at that time. The fees below are the applicable fees as of 8/25/2021. The actual rates and <br />fees calculated at the time of the building permit may be higher than these amounts. <br /> <br />REU = Residential Equivalency Unit as calculated at time of building permit <br /> <br />Utility Fees <br />SAC (MCES)$2,485 per REU <br />SAC (City)$2,300 per REU <br />WAC $1,850 per REU $8,100 per REU <br />Storm Water Area Charge $0.07 per Square Foot <br />Park Dedication Fees pursuant to City Code 153.15(B) and City Fee Schedule (per parcel basis) <br />Park Dedication Fee (for residenial use) 10% of fair market value or $3,000 per residential unit <br />Park Dedication Fee (for non residential use)10% of fair market value or $2,175 per acre <br /> <br />Version 08/25/2021 Page 29 <br />