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2006-212
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2006-212
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Last modified
8/19/2016 4:39:22 PM
Creation date
9/30/2015 9:48:42 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
06/13/2006
Control Number
2006-212
Agenda Item Number
11.I.2.
Entity Name
Sun Sky USA, LLC
Subject
Developer's agreement for industrial development
Area
41st Street
Project Number
SP-MA-05-07-31
Supplemental fields
SmeadsoftID
5686
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SUN SKY USA, LLC <br /> FAIR SHARE TURN LANE CONTRIBUTION <br /> GIVEN: <br /> • Sun Sky USA Project Frontage = 5101. f. <br /> • Median Lane Width = 12 feet <br /> • Median Lane Benefit = Both Sides of Roadway (50%) <br /> • County Project Total Structural Paved Area = 63, 534 S .Y. <br /> • County Project Construction Cost = Bid Cost + Change Order No . 1 = $7,470,236. 20 <br /> • Assume Survey, Design and Construction Services = 7 % of Construction Cost <br /> DETERMINATION OF CONTRIBUTION: <br /> • Percentage of Paved Area <br /> - Median Lane Area x Benefit <br /> 510 l . f x 12 feet x 50% = 3 , 060 s. f. = 340 S . Y. <br /> - 340 S . Y . - 637534 S . Y . = . 00535 = . 535 % <br /> • Construction Contribution as Percentage of Structurally Paved Area <br /> $7,470,236 . 20 x . 00535 = $39,965 . 76 <br /> • Survey, Design and Construction Services as Percentage of Construction Cost <br /> $39,965 . 76 x . 07 = $2,797 . 60 <br /> TOTAL CONTRIBUTION = $391965 . 76 + $2, 797 . 60 = $42, 763 . 36 <br /> UI <br />
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