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Vistas of C P2-CS 970304 P.O. Box 478 ~ Coppell, Texas 7501'9,, The City With A Beautiful Future 214-462-0022 ~ March 4, 199/ Derek Earle, P.E. Centex Homes 1660 S. Stemmons, Suite 230 LewisviHe, TX 75067 CoppeH Phases 1A~d 2B Development Fees Re: Vistas of Dear Mr. Earle: Included with this letter is a copy of the development fee table for Phases lA, 2A and 2B. The fees have been adjusted in accordance with the Water, Sanitary Sewer and Alternative Drainage Improvement Agreements approved by City Council on April 23, 1996. Those agreements provide for a credit against future impact fees on the Vista Property in the following amount: Water - $ 304,200; Sanitary Sewer - $ 75,150; and Alternative Drainage Improvements (to be used to offset Roadway Impact Fees) - $145,000. There are several guidelines on utilization of the credits. I am fully aware that Centex has acquired Vista Properties. However, for tracking purposes, I would appreciate a letter from Vista Properties assigning the aforementioned credits for water, sanitary sewer and roadway impact fees to Centex. At that time, the "Bank" will be set up in the name of Centex. Based on calculations performed by the City, the following represents the water, sanitary sewer and roadway fees due for the various developments with the remaining available credit. Water Sanitary Roadway Sewer Phase lA $32,850 $29,250 $55,575 Phase 2A $7,200 $3,600 $6,840 Phase 2B $24,300 $24.300 $46,170 Total $64,350 $57,150 $108,585 Beginning Bank Credit $304,200 $75,150 $145,000 Remaining Available Credit $239,850 $18,000 $36,415 Concerning the Park Fee, it is my understanding that the Hike and Bike Trail will be constructed by Centex with the development of the property. Therefore, those fees have been removed from the Development Fee Table. ff the above represents your understanding of the available credits, the utilization of those credits and the balance of the "Bank" please indicate by letter form at your earliest convenience. If you should have any questions concerning this issue please feel free to contact thig office at your convenience. Sincerely, Kenneth M. Griff'm, P.E. Director of Engineering and Public Works DEVELOPMENT FEE TAB Project: Vistas of Coppell, Phase 2A Date: 2/28/9 7 TOTAL AMOUNT DUE FEES DUE PRIOR TO COUNCIL APPROVAL Water Impact Fee ($7,200.00) $0.00 $o per 4/23/96 (100 % due prior to Council Approval) Agreement Water Tap Inspection Fee $450.00 (100 % due at Issuance of Water Meter) Water Meter Fee (Domestic) $185.68 (100% due at Issuance of Water Meter) Water Meter Fee (Irrigation/Fireline) $195.98 (100% due at Issuance of Water Meter) Water Meter Deposit (Domestic) $240.00 (100% due at Issuance of Water Meter) Irrigation/Fireline Meter Deposit $35.00 (100% due at Issuance of Water Meter) Wastewater Impact Fee ($3,600.00) $0.00 S0 per 4/23/96 (100% due prior to Council Approval) Agreement Wastewater Tap Inspection Fee $400.00 (100% due at Issuance of Building Permit) Utility Final Inspection Fee $400.00 (100% due at Issuance of Building Permit) Park Fee ($10,280.00) $0.00 $0 Will Build (100 % due prior to Council Approval) Hike/Bike Trail Roadway Impact Fee ($6,840.00) $0.00 $0 per 4/23/96 (100% due prior to Council Approval) Agreement Street Light Fee Information not (100 % due prior to Acceptance of Project available at this time Street Sign Fee Information not (100% due prior to Acceptance of Project available at this time Construction Inspection Fee Need submittal of development contracts TOTAL $1,906.66 TOTAL AMOUNT DUE PRIOR TO COUNCIL APPROVAL $0.00 DEVELOPMENT FEE WORKSH PROJECT: Vistas of Coppell, Phase 2A DATE: 2/28/97 Water Impact Fee: Domestic Meter(s): 8 - 5/8 inch X 3/4 inch = 8 ESU's Irrigation Meter(s): 1 - 2 inch = 8 ESU's = ESU's Fireline Meter(s): 0 - N/A = ESU's Total #: 18 ESU's @ $450.00 ea. $7,200.00 (100% due prior to Council approval of the final plat) Water Tap Inspection Fee: Total #: 9 Connections @ $50.00 ea. $450.00 (Single family due prior to issuance of building permit) (All other developments due prior to issuance of meter) Water Meter Fee (Domestic): Total #: 8 Domestic Meter(s) @ $23.21 $185.68 {Single family due prior to issuance of building permit) (All other developments due prior to issuance of meter) Water Meter Fee (Irrigation/Fireline): Total #: I Irrigation Meter{s) @ $195.98 $195.98 Total #: 0 Additional Irrigation Meter(s) @ $0.00 Total #: 0 Fireline Meter{s) @ $0.00 (100% due prior to issuance of water meters) Water Meter Deposit Fee (Domestic): Total #: 8 Meter(s) @ $30.00 ea. $240.00 {100% due prior to issuance of water meters) Irrigation/Fire Meter Deposit Fee: Total #: I Meter(s) @ $35.00 ea. $35.00 (100% due prior to issuance of water meters) Wastewater [mpact Fee: Total Domestic Meters ESU' 8 @ $450.00 ea. $3,600.00 Wastewater Tap-Inspection Fee: Total #: 8 Connections @ $50.00 ea. $400.00 (100% due prior to issuance of building permit) Utility Final Inspection Fee (All developments): Total #: 8 Lots @ $50.00 ea. $400.00 {100% due prior to issuance of building permit) Page I DEVELOPMENT FEE WORKSH Park Fee (For Resdential Developments Only): * Preliminary plat approved prior to June 23, 1992: N/A Single-family @ $150.00 / Lot N/A N/A Multi-family @ $75.00 / Unit N/A (50% paid prior to Council approval of final plat) (50% paid at issuance of building permit) * Preliminary plat approved after June 23, 1992: N/A Single-family @ $350.00 / Lot N/A N/A Multi-family @ $350.00 / Unit N/A (50% paid prior to Council approval of final plat) (50% paid at issuance of building permit) * Preliminary plat approved after October 26, 1993: 8 Single-family @ $1285.00 / Lot $10,280.00 N/A Multi-family @ $1285.00 / Unit N/A (100% paid prior to Council approval of final plat) Roadway Impact Fee: (See attached fee calculations) $6,840.00 Street Lighting Fees: Information not Assessed for lighting in the City's right-of-way, available at this time This fee cannot be assessed until after T.U. Electric submits the lighting plan for the proposed development. Once the plans are submitted, $292.60 per light will be assessed. {100% due prior to final acceptance of development) Street Sign Fees: Information not Assessed for signage in the City's right-of-way, available at this time {See attached fee calculations if applicable) Construction, Inspection Fees: Need submittal of A copy of the development contract must be submitted for assessment, development contracts The contracts should indicate the cost to construct the improvements that are inspected by the Engineering Department. (2% of development cost required for private improvements) (4% of development cost required for public improvements) Page 2 ROADffAY IMPACT FEE CALC NS PROJECT: V'utas of Coppell, Phase 2A DATE: 2/28/97 ROADWAY IMPACT FEE: ~ervice Area * 2 Category ** Residential Land Use ** Sinile-Family Detached Buildin~ Size (Sq. Ft.) N/A Development Units ** 8 Vehicle Miles per Development Unit ** 2.85 Fee Hr Vehicle Mile *** ., $300 Roadway Impact Fee due -- (Development Units) x (Vehicle Miles per Development Unit) x (Fee per Vehicle Mile) -- $6,840.00 * (Figure 2 - Roadway Impact Fee Study) ** (Table 3 - Roadway Impact Fee Study) *** (Schedule 2, Page 3 - Roadway Impact Fee Study) DEVELOPMENT FEES IIPROJECT NAME: Vistas of Coppell, Phase 2A II IENGINEER: Carter & Burgess IREVISION DATE: 3/12/97 SENT ASSESSMENT ASSESSED FEE AMOUNT PAID DATE 3/4/97 Park Fee ($10,280.00) 3/4/97 Water Impact Fee $7,200.00 $7,200.00 * See Note 3/4/97 Wastewater Impact Fee $3,600.00 $3,600.00 * See Note Street Sign Street Light notify street dept. Construction Inspection $5,091.77 $5,091.77 11/19/96 3/4/97 Roadway Impact-Zone 2 $6,840.00 $6,840.00 * See Note Street Cut Permit 1/6/97 Overtime Inspection(1/4) $60.00 $60.00 1/9/97 1/20/97 Overtime Inspection(1/18) $90.00 * notify and copy to Linda Hayes & Utilities Dept. all deposit fees paid or meters sold Total Fees Fees Paid Amount Owed TOTALS $22,881.77 $22,791.77 $90.00 NOTES * Paid per Agreement approved by City Council 4/23/96. (See letter 3/4/97) Prior To Construction Prior To Final Acceptance Erosion Control Approved As Built Plan Recd. E.P.A.-N.O.I. Recd. Paving Bond Recd. Const. Plan Approved Utilities Bond Recd. Irrigation Plan Recd. Irrigation Plan Approved Erosion Control Maint.