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Traffic concurrency split - final Exhibit 1B11 Model Oslo 27, LLC - Traffic Concurrency Analysis Budget: Design (Kimley Horn) $ 174,000.00 Legal i£ Accounting $ 36,000.00 Overhead, Supervision and Inspections 24 months @ $153000 per month $ 360,000.00 Construction 0.5 miles @ $73000,000 per mile $ 3,500,000.00 Contingency $ 286,000.00 Right-of-way acquisition $ - Total estimated project cost $ 4,356,000.00 Number of additional trips available from a conversion of roadway from 2 to 4 lanes is 792 trips per 2 miles of roadway Therefore the number of additional trips available for 0.5 mile of roadway (114 of 2 mile link) is 198 Pro rata share of total estimated project cost per additional trip based on county calculation is $ 21 ,997.80 Impact Fee Credit per Proportionate Share ordinance is $ (807.71 ) Pro rata share of total estimated project cost per additional trip net of impact fee credit is $ 21 ,190.09 Number of additional trips required of Oslo 27,LLC by traffic engineer is 10 Pro rata share of costs allocatable to Oslo 27, LLC is 10 trips @ $ 21 ,190 per trip $ 211 ,900.88 Estimated Transportation Impact fees for Oslo 27, LLC with 44,400 sq. ft. $ 489,522.40 Balance of Transportation Impact fees due County $ 277,621 .52 Additional Non-transportation Impact Fees due County $ 139,442.02 Total Impact Fees due to County $ 417,063.54 Legend: A. Pro rata share applicable to other participating developers: Number of additional trips generated by proposed development x $21 , 190.09 = Required participation B. Number of additional trips associated with proposed development: As determined by IRC Traffic Engineer. C. County requires a bond of 115% of the Total estimated project cost. D. Developer is also required to post a Letter of Credit in the amount of $5,000,000 to secure the completion of the project.