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Princeton P1-CS 971205The City With A Beautiful Future P.O. Box 478 Coppell, Texas 75019 214-462-0022 Tom Wouters Realty Capital COrporation 2425 E. Southlake Blvd., Suite 1S0 Southlake, TX 76092 Princeton Park Addition, Lot 1, Block I (Phase I) Development Fee ~ent December 5, 1997 Dear Mr Wouters: Enclosed is a copy of the City of Coppell Development Fee Assessment table, along with a copy of the Development Fee calculations for the referenced development. Please make payment to the City of Coppeil in the amount of $4,500.00 and forward to the Finance Depaxttaent along with a copy of the Fee Assessment table. This amount is a portion of the assessed fees which need to be paid prior to Council approval. Please refer to attached table for additional fees. Also provide a copy of the Engineer's estimate or contract to our office so the construction inspection fee can be verified. Providing a copy of your paid receipt to the Engineering Depa, tment will help us to verify the payment of required fees and insure a successful beginning of this project. We look forward to working with you on this project. If you have any questions, please contact me. Sincerely, ..~ . . Director of Enginffering & Public Works Jennifer Armstrong, Finance Director Doug Stevens, Engineering Technician Public S~rvices Greg Jones, Chief Building Official Gary Sims, Dir. Leisure Services DEVELOPMENT FEE TABLE Project: Princeton Park Addition, Lot 1, Block 1 (Phase 1) Date: 12/5/97 TOTAL AMOUNT DU]~ F~.~-~ DUE PRIOR TO COUNCIL APPROVAL l Water Impact Fee $3,375.00 $3,375.00 (100% due prior to Council Approval) Water Tap Inspection Fee $200.00 (100% due at Issuance of Water Meter) Water Meter Fee (Domestic) $57.75 (100% due at Issuance of Water Meter) Water Meter Fee (Irrigafion/Fireline) $4,975.95 (100% due at Issuance of Water Meter) Water Meter Deposit (Domestic) $30.00 (100% due at Issuance of Water Meter) Irrigation/Fireline Meter Deposit $105.00 (100% due at Issuance of Water Meter) Wastewater Impact Fee $1,125.00 $I, 125.00 (100% due prior to Council Approval) wastewater Tap Inspection Fee $50.00 (100% due at Issuance of Building Permit) Utility Final Inspection Fee $50.00 (100% due at Issuance of Building Permit) Park Fee $0.00 N/A (100% due prior to Council Approval) Roadway Impact Fee - $0.00 $0.00 .(100% due prior to Couacil Approval) Street Light Fee laf~rmation not (100 % due prior to Acceptance of Project available at this time Street Sign Fee laformation not (100% due prior to Acceptance of Project available at this time Construction Inspection Fee Need submittal of development contracts TOTAL $9,968.70 TOTAL AMOUNT DUE PRIOR TO COUNCIL APPROVAL $4,500.00 * See Roadway Impact Fee Calculation Sheet U~VELOPMENT FEE WORKSHE=r PROJECT: Princeton Park Addition, Lot 1, Block 1 (Phase I) DATE: 12/5/97 Water [mpact Fee: Domestic Meter(s): 1 - 1 inch 2.5 Irrigation Meter(s): I - I inch 2.5 Fireline Meter(s): 2 - 8 inch 2.5 Total 8: 7.5 ESU's @ $450.00 ea. (100% due prior to Council approval of the final plat) Water Tap Inspection Fee: Total 8: 4 Connections @ $50.00 ea. (Single family due prior to issuance of building permit) (All other developments due prior to issuance of meter) Water Meter Fee (Domestic): Total 8: I Domestic Meter(s) @ $57.75 (Single family due prior to issuance of building permit) (All other developments due prior to issuance of meter) Water Meter Fee (Irrigation/Fireline): Total 8: 1 Irrigation Meter(s) @ $57.75 Total 8: 0 Additional Irrigation Meter(s) @ Total 8: 2 Fireline Meter(s) @ $2,459.10 (100% due prior to issuance of water meters) Water Meter Deposit Fee (Domestic): Total 8: 1 Meter(s) @ $30.00 ea. (100% due prior to issuance of water meters) Irrigation/Fire Meter Deposit Fee: Total 8: 3 Meter(s) @ $35.00 ea. (100% due prior to issuance of water meters) Wastewater Impact Fee: Total Domestic Meters ESU' 2.5 @ $450.00 ea. Wastewater Tap Inspection Fee: Total 8: I Connections @ $50.00 ea. (100% due prior to issuance of building permit) Utility Final Inspection Fee (All developments): Total 8: I Lots @ $50.00 ea. (100% due prior to issuance of building permit) ESU's ESU's ESU's ESU's $3,375.00 $200.00 $57.75 $57.75 $0.00 $4,918.20 $30.00 $105.00 $1,125.00 $50.00 $50.00 Page 1 DEVELOPMENT FEE WORKSHEET Park Fee (For Resdentinl Developments Only): ~ Preliminary plat approved prior to June 23, 1992: N/A N/A Single-family @ $150.00 / Lot Multi-family @ $75.00 / Unit (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 N/A Single-family @ $350.00 / Lot Multi-family @ $350.00 / Unit (50% paid prior to Council approval of final plat) (50% paid at issuance of building permit) Preliminary plat approved after October 26, 1993: N/A N/A Single-family @ $1285.00 / Lot Multi-family @ $1285.00 / Unit (100% paid prior to Council approval of final plat) Roadway Impact Fee: (See attached fee calculations) Street Lighting Fees: Assessed for lighting in the City's right-of-way. 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) N/A N/A N/A N/A N/A N/A · $0.00 Information not available at this time Street Sign Fees: Assessed for signage in the City's right-of-way. (See attached fee calculations if applicable) Information not available at th~ time Construction Inspection Fees: A copy of the development contract must be submitted for assessment. 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) * See Roadway Impact Fee Calculation Sheet Need submittal of development contracts Page 2