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BOOK LJ FAGE'3 7 <br />ANALYSIS <br />As shown in Exhibit B of the attached agreement the estimated cost sharing between the developer <br />and the County is as follows: <br />Developers Share $20,501.00 <br />Countv's Share $282.202.00 <br />Total Project Cost $302,703.00 <br />As homes are built in the project homeowners will pay a total of $258.048.00 in water and sewer <br />capacity charges. Construction of the force main will allow the County to coordinate expansion of the <br />wastewater collection system with development of the site, as well as provide sewer service to fixture <br />development along the improved corridor. The County's total share of $282,202.00 will be funded <br />from the impact fee fund, Account Number 472-000-169-483.00. <br />RECONWIENDATION <br />The staff of the Department of Utility Services recommends that the Board of County Commissioners <br />approve the attached deveiopef s agreement as presented. and authorize the Chairman to execute the <br />same. <br />ON MOTION by Commissioner Ginn, SECONDED <br />by Commissioner Stanbridge, the Board <br />unanimously approved the developer's agreement <br />and authorized the Chairman to execute the same, as <br />recommended by staff. <br />AGREEMENT IS ON FILE IN THE OFFICE <br />OF THE CLERK TO THE BOARD <br />JUNE 13, 2000 <br />I <br />