2006-416-1of2 - Laserfiche WebLink

Home Browse Search

Traffic concurrency split - final Transportation Impact Fee Total Impact fee Sq. Ft. per 1 ,000 GFS Total per 1 ,000 GSF Total Medical Office 5,000 $ 15.553 $ 77,765.00 $ 18. 13502 $ 90,675 . 10 Retail 50,000 GSF or less 15,000 $ 9.837 $ 147,555.00 $ 13. 18174 $ 197,726. 10 Office 50,000 GSF or less 20,000 $ 7.348 $ 146,960.00 $ 9.33464 $ 18602.80 Restaurant 4,400 $ 26.646 $ 117,242.40 $ 34.97055 $ 153,870 .42 Total 44,400 $ 489,522.40 $ 6289964.42 Impact fee credit for pro rata share of link 24105 to be paid to County escrow account $ (219,978.00) Net transportation impact fees paid to county for 2410S $ 269,544.40 Additional Impact fees net of credits paid for: 24205 $ 3333957 .61 2430S $ 78,757.67 $ 412,715.28 Total Additional transportation fees paid to County $ 682,259.68 Total Impact Fees and pro rata cost of road construction to be paid be developer: Pro rata portion of costs to build 2410S $ 2192978.00 45% Additional transportation fees paid to County $ 682,259.68 Total $ 902,237.68 Transportation impact fees without proportionate share $ 489,522.40 Net additional costs to project for County transportation fees $ 412,715.28 $ 4129715.28 Total check to County $ 19041 ,679.70 Developer Transportation Impact Fees paid to County $ 682,259.68 Pro rata portion of costs to build 2410S $ 219,978.00 Total off site Transportation costs to developer $ 902,237.68 Additional Non-transportation Impact Fees $ 139,442.02 Total Impact and County Transportation costs to developer $ 1 ,041 ,679.70 Calculation from County: Additional Impact fees net of credits paid for: 2420S $ 333,957.61 2430S $ 789757.67 2410S Total $ 2193978.00 Delete Impact Fee credit if County built road under Proportionate Share 3.67% $ (81077. 12) $ 211 ,900.88 $ 624,616. 16 Total Impact Fees $ 6283964.42 Total $ 12253,580.58 Credit for Impact Fees for building road segment $ (211 ,900.88) Total check to County $ 110413679.70 Additional fees for Water and Sewer Capacity: ERU's for Water 15 ERU's @ $ 1 ,300.00 $ 19,500.00 ERU's for Sewer 15 ERU's @ $ 21796.00 $ 412940.00 Water line 327.8 Ft. @ $ 11 .25 $ 33687.75 Sewer line 327.8 Ft. @ $ 15.77 $ 51169.41 Total check to County $ 703297. 16 Total Paid to County for Impact fees and Capacity charges $ 1 , 111 ,976.86 Total size of project 44,400 Additional cost per Square Foot $ 25.04 In Addition: Developer is also required to post a Letter of Credit in the amount of $5,000,000 to secure the completion of the project.