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05-24-2004 Council Packet
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05-24-2004 Council Packet
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Professional Services Costs <br />The Developer is responsible for payment of all costs for professional services, including <br />legal, engineering, and plaiming costs, in excess of the costs for these services that are <br />included in the zoning application fees paid for the project. There are $31,660.25 in <br />outstanding professional services fees that need to be paid by the developer on this project. <br />Summary of Fees and Costs <br />We have reached an agreement with the developer to offset the trunk fee reimbursement payable by <br />the City to the developer against the streetlight costs and professional development fees payable by <br />the developer to the City and then pay the difference to the developer. <br />Trunk Fee Reimbursement Payable to the Developer <br />Regional Pond & Storm Sewer Costs 5148,109 <br />Recommended Fee Reimbursement Payable at This Time <br />Trunk Watermain Costs <br />Total Trunk Fee Reimbursement Payable to the Developer <br />Kelley Parkway Streetlights Costs Payable to the City <br />Professional Services Costs Payable to the City <br />Total Costs Payable to the City <br />Net Fee Reimbursement Pavable to the Developer <br />Page 3 of 4 <br />Uliiiblbi <br />$84,420 <br />$44,923 <br />$129,163 <br />$91,787 <br />$31,660 <br />$123,447 <br />$5,716
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