HomeMy WebLinkAboutRes - 4915 RESOLUTION NO. 4915
EXHIBIT E - Retaining Wall Sample Photo Depiction
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NOTE: MnDOT CLASS V RIPRAP SHALL RANGE
IN SIZE FROM 30" TO 6" DIAMETER. ADJUST 6" - 3/4" CLEAR LIMESTONE BASE
SIZES AND COMBINATIONS TO MAXIMIZES
STABILITY. THE LARGEST STONES SHALL BE COMPACTED BACKFILL
PLACED AT THE BOTTOM OF THE WALL.
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RIFRAF RETAINING WALL
NO SCALE
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RESOLUTION NO. 4915
EXHIBIT B - Development Fees Schedule
Commencement of Phase One improvements shall not occur until Developer has made payment to
the City of the prorated portion of the Development Fees (Park Dedication Fee, Storm Water and
Drainage Trunk Fee, and Sewer and Water Connection Charges) for Phase One. Commencement
of Future Phase improvements shall not occur until Developer has made payment to the City of the
prorated portion of the Development Fees associated with said Future Phase. The Development Fees
for each Phase shall be based on the proportional acreage or number of units within each Phase
depending on the method of calculation of each fee,relative to the total project, as defined below.
I. Park Dedication Fee
Fee Calculation Based on Ordinance
A. Commercial Outlots. The park fee for each of the commercial outlots (Outlots A and D) shall
be due upon City Council approval of a development proposal for each lot and shall be paid prior
to issuance of permits for construction within each Outlot.
The amount of the park fee for the commercial outlots by City ordinance is 8% of the Land Fair
Market Value prior to development. The combined Land Fair Market Value for the commercial
outlots is established at$1,272,054 based on the combined area within the Outlots of 7.393 acres @
$3.95/s.f established value per square foot.
Fair Market Value = 7.393 acres x 43,560 sf/acre x$3.95/sf=$1,272,054
8%Park Fee=0.08 x$1,272,054=$101,764
Min/max range check(must be between$8,125/ac and$13,875/ac):
$101,764/7.393 acres=$13,764/ac. ✓
B. Residential. The residential park fee is based on the value of the land being developed
residentially. The park fee for the residential portion of the development by City ordinance is 8%
of the Land Fair Market Value prior to development.The established value of the land is based on
the developers purchase price of the residential portion of the property which is$4,587,155.
8%Park Fee=0.08 x$4,587,155 =$366,972
Min/max range check: (must be between $3,250/unit and$5,550/unit)
$366,972/162 units=$2,265/unit(below required min-max range)
Minimum fee applied: 162 units x$3,250/unit=$526,500
Phasing
A. Residential. Proration of Fee Payments: The number of dwelling units within each Phase
divided by the total number of units within all Phases shall determine the fraction of of the
total fee due.
B. Commercial. Proration: If Outlots A and D are not developed at the same time,the acreage of the
outlot being developed divided by the total acreage of both outlots shall determine the fraction of
the total fee due.
Page 1 of 4
II. Sewer and Water Connection Charges (SWCC)
Fee Calculation Based on Ordinance:
1. Sanitary Sewer Connection Charges
1989 Highway 12 Area> $5,320.00 per acre
Residential Portion: 41.55 acres x$5,320.00/acre=$221,046
Commercial Portion: 9.90 acres x$5,320.00/acre= $ 52,668
2. Municipal Water Connection Charge
1989 Highway 12 Area $8,795.00 per acre
Residential Portion: 41.55 acres x$8,795.00/acre=$365,432
Commercial Portion: 9.90 acres x$8,795.00/acre=$ 87,070
Residential Total SWCC =$221,046 + $363,432 =$584,478
Commercial Total SWCC =$52,668 +$87,070=$139,738
Phasing
A. Residential. Sewer and Water Connection Charges (SWCC) shall be converted to a 'per
unit'basis for purposes of collection prior to commencement of each Phase per the following
formula:
Number of dwelling units in Phase
$584,478 x ----_________ _____ _ _______ =SWCC Due Prior to Commencement of Phase
162
B. Commercial. Proration: If Outlots A and D are not developed at the same time,the acreage of the
outlot being developed divided by the total acreage of both outlots shall determine the fraction of
the total Commercial SWCC due .
III. Storm Water & Drainage Trunk Fee
Fee Calculation Based on Ordinance:
Multi-Family: 4 or fewer Units/Acre $4,860.00 per acre
Multi-Family: Greater than 4 Units/Acre $5,670.00 per acre
Commercial: $6,480.00 per acre
Residential SW&DT Fee: 41.55 acres @ 6 units/acre=41.55 x$5,670=$235,600
Commercial SW&DT Fee: 9.90 acres x$6,480.00/acre=$64,152
Phasing
A. Residential. Proration: The number of dwelling units within each Phase divided by the total
number of units within all Phases shall determine the fraction of the total SW&DT fee due
for each Phase.
B. Commercial. Proration: If Outlots A and D are not developed at the same time,the acreage of the
outlot being developed divided by the total acreage of both outlots shall determine the fraction of
the total Commercial SW&DT fee due.
Page 2 of 4
IV. Credits
A. Park Fee Credit for Trails Construction.
The developer shall be granted a credit toward park fees for the costs of construction(but not
the land cost or easement cost)of the approximately 3400 lineal feet of public trail that will
be required along Willow Drive and through the commercial outlots,not including sidewalks
along Kelley Parkway or within the residential development. At an estimated construction
cost of$20 per lineal foot,the trail credit is estimated to be a total reduction of approximately
$68,000. The City Engineer shall verify the actual costs of trail construction for purposes
of determining the final credit amount.
B. SW&DT Fee Credits.
1. Developer shall be credited$16,912 for provision of excess capacity in water lines the City
has required to be 12" vs 8".
2. Developer shall be credited for a portion of the costs to construct the regional pond, such
credit to be based on the difference between the cost of a pond with capacity needed to serve
just the Stonebay and associated commercial development,and the cost of the regional pond.
Developer shall calculate this cost differential and City Engineer shall verify.
3. Developer shall be credited $17,740 plus 12% design cost for incremental cost/benefit of
providing storm sewer to the properties to the west of Stonebay(i.e. 2 dental office sites).
C. Credit Format.
Credits will be in the form of a reimbursement to the Developer for actual costs as verified
by the City Engineer.
V. Inflation Adjustments
A. Park Fees. Park Fee amounts as established in this Exhibit shall not be subject to inflationary
adjustment.
B. Sewer and Water Connection Charges. For any Phase for which Final Plat Approval is
granted after December 31, 2003, the Sewer and Water Connection Charges due shall be
recalculated based on the then current City Fee Schedule SWCC rates. The Developer
shall be allowed to prepay SWCC fees for future Phases at the 2003 rate no later than
December 31, 2003.
C. Storm Water & Drainage Trunk Fees. For any Phase for which Final Plat Approval is
granted after December 31, 2003, the SW&DT due shall be recalculated based on the then
current City Fee Schedule SW&DT rates. The Developer shall be allowed to prepay
SW&DT fees for future Phases at the 2003 rate no later than December 31, 2003.
Page 3 of 4
VI. Pending MnDOT Stormwater Pond Charge
MnDOT has established a $35,000 charge to the City for construction of the existing stormwater
pond within the MnDOT right-of-way. If the City is unsuccessful in eliminating this charge, the
Developer has agreed to pay a portion of this charge,amount to be established,per the Developer's
letter of October 2, 2003 on file in the City Offices.
Page 4 of 4