Laserfiche WebLink
ORONO WOODS APARTMENTS <br /> (Senior Housing) <br /> TIF District Eligible Costs Summary <br /> Estimated Cost <br /> A. Developer Expenses <br /> Land purchase $ 775,000 <br /> Road/curb/gutter/storm sewer <br /> (The internal road system is really dual-purpose as it will be <br /> part of a public access road system in the future) <br /> Private site improvements (grading, parking, landscaping, etc.) <br /> Sewer Connection Fees 40,838* <br /> Park Dedication Fees (Total =$192,200) 161,200* <br /> Due Up-Front 31,000 <br /> B. City Expenses <br /> Sidewalk replacement/expansion (expand from 6'to 10'width) 12,000 <br /> Public Street Lighting 32,000 <br /> Burying of Existing Overhead Power Lines 45,000 <br /> Installation of Semaphore at Brown Rd. N. /Highway 12** 150,000 <br /> Intersection improvements necessary for the semaphore installation** 100,000 <br /> Construction of Access to Brimhall/12 Intersection 100,000 <br /> Future Semaphore Installation at Brimhall Avenue 150,000 <br /> Restriping/widening of Highway 12 for south access point 50,000 <br /> * Fee amount to be deferred as part of development contract <br /> **Potential partial MnDOT funding <br />