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Villages of CC P4-CS 920603The City With A Beautiful Future June 3, 1992 P.O. Box 478 Coppell Texas 75019 214-462-0022 on Corporation erside Driue,/~z TX 75252 ~ ges of Cottonwood Cre~ Dear Mr. Welch: We are enclosing a copy of the City of Coppell Development Fee Assessment list alon~ with copies of the development fee calculations for the Villages of Cottonwood Creek Section IV to the City of Coppell. Please provide a check made payable to the City of Coppell in the amount of $147,516.29 and forward it to Mr. Alan Johnson, Assistant Finance Director, along with a copy of the Fee Assessment list. In addition, please provide our office with a copy of your Engineer's Estimate for this project or contract amount for verification of the construction inspection fee. Please provide a copy of your paid receipt to our offices. Copies of your receipts will help us verify payment of the required fees and assure a successful beginning of this project. We look forward to workin~ with you on this project. questions, please do no hesitate to contact me. If you have any Sincerely, Ke!ne~h M. Griffin, P.E. City Engineer cc: Gary.~b, Director of Planning and Community Services ~ve Goram, Director of Public Works Alan Johnson, Assistant Finance Director Larry Davis, Engineering Development Inspector COTTDEV CITY OF COPPELL DEVELOPMENT FEES Date: Jtme 3, 1992 Project: Villages of Cottonwood Creek Section IV Amount Due Total Assessment Park Fee (50% payable prior to Council Approval) (50% payable with Building Permit) Water Impact Fee (100% due prior to Council Approval) Water Tap Inspection Fee 100% due at Issuance of Building Permit) 822,800.00 898,800.00 $15,200.00 $34,200.00 $15,200.00 $ 3,116.29 Wastewater Impact Fee (100% due prior to Council Approval) Sewer Tap Inspection Fee (100% due at Issuance of Building Permit) Street Sign Fee (100% due prior to Council Approval) Street Light Fee (100% due prior to Council Approval) Construction Inspection Fee (100% due prior to Council Approval) (Based on 2% of project construction cost to be provided by the Developer's Engineer} TOTALS $189,316.29 TOTAL AMOUNT DUE PRIOR TO COUNCIL APPROVAL: Prior to Council Approval 11,400.00 98,800.00 -0- 34,200.00 -0- 3,116.29 $147,516.29 $147,516.29 Plus 2% Construction Inspection Fee * This fee cannot be assessed until after TU Electric submits the lighting plan for the proposed project. Once the plan is submitted, $292.60 per light will be assessed. COTTDE1