Laserfiche WebLink
Ph�in� <br /> A. Residentisl. �'roration:The number af dwelling ttnits within each Phase divided by the total <br /> number of units within alI Phases sha11 determine the fraction of the total SW&DT fee due <br /> for each Phase. <br /> B. Commercial. Proration: If Outlots A and D are not developed at thc same ti.me,the aereage <br /> of tb�e outlot being developed divided by the total acreage.of both outlots shall determine the fraction <br /> of the total Commercial SW&DT fee due. <br /> N. Credits <br /> A,Park Fee�it for T�ils Constr�.ictivn. <br /> The developer sha11 be granted a c�edit toward park feas for the costs of construction(t�ut not ttie <br /> land cost or esacrnent cost)af thepublic trail that will be required elong Wi31ow Drive and thxflngh <br /> the commercial outlats, nat inclnding sidewalks along Keliey Pazkway or witbin the residenrial <br /> d�velopment. At an estimatad construction cost of�20 per lineal foot,the trail credit is estimated to <br /> be a total rcductifln of approximately 568,000. The City Enginaer shsll ve�r the actual costs of trail <br /> consbruction for putposes of detexminixig the final credit amount. <br /> B.SW&DT Fee Creclits. <br /> 1. Develaper shall be credite� for grovision of excess capacity in water lines the City has <br /> required to be 12"vs.8" and any offsite watenuain improvcments. <br /> 2. Develo�er shal]he credited for e.pariion af the r.osts to construct the regional pond and <br /> o�fsite drainage facilities, such�redit to be based on the difference�etween the cost of a <br /> pond witfi capacity needed to serve just the StoneBay and associated camma�cial <br /> developme.nt, and the cost of the�reegioz�l pond and offsi#e drainage £acilities. Developer <br /> shall c�lculate this cost diff.erential and City Engineer shall verify. <br /> 3. Develo�er shall be creditec4 for the actual cost pius 12°/n design cast for incremental <br /> cos�/bencf t of prvviding storm sewer to the propertics to the west of StoneBay(i.e,2 dental <br /> office sites). <br /> C. Gkedit Parmat. <br /> Ct�edits will be in the form of�reimbursement to the Developer far actual costs as verified <br /> by the City Engineer. <br /> V. Inflation Ad,just�►ents <br /> A. Park Fees. Park Fee amou.nts as cstablished in this Exhibit shall not be subjec�t to inflationary <br /> adjustmen� <br /> Page 3 of 4 <br />