Fee Chart. To assist the City in meeting expenses resulting from ongoing development, a Developer shall pay development fees for direct capital expenses incurred by the City that it incurs related the property. (“Development Fees”) as follows, as set forth in the table below. Non-Residential, Commercial $743 per 1,000 square feet consisting of: $273 plus the Adjustment Factor per unit – Police $273 plus the Adjustment Factor per unit – Fire $109 plus the Adjustment Factor per unit – Public Works $55 plus the Adjustment Factor per unit – Recreation $33 plus the Adjustment Factor per unit – Community Facilities Single Family Residential Dwelling Units $2,451 per unit consisting of: $819 plus the Adjustment Factor per unit – Police $819 plus the Adjustment Factor per unit – Fire $109 plus the Adjustment Factor per unit – Public Works $595 plus the Adjustment Factor per unit – Recreation $109 plus the Adjustment Factor per unit – Community Facilities Multifamily Residential Dwelling Units $614 per unit consisting of: $205 plus the Adjustment Factor per unit – Police $205 plus the Adjustment Factor per unit – Fire $27 plus the Adjustment Factor per unit – Public Works $150 plus the Adjustment Factor per unit – Recreation $27 plus the Adjustment Factor per unit – Community Facilities
Appears in 1 contract
Sources: Development Agreement
Fee Chart. To assist the City in meeting expenses resulting from ongoing development, a Developer shall pay development fees for direct capital expenses incurred by the City that it incurs related the property. (“Development Fees”) as follows, as set forth in the table below. Non-Residential, Commercial Commercial, Light Industrial $743 680 per 1,000 square feet consisting of: $273 250 plus the Adjustment Factor per unit – Police $273 250 plus the Adjustment Factor per unit – Fire $109 100 plus the Adjustment Factor per unit – Public Works $55 50 plus the Adjustment Factor per unit – Recreation $33 30 plus the Adjustment Factor per unit – Community Facilities Single Family Residential Dwelling Units $2,451 2,245 per unit consisting of: $819 750 plus the Adjustment Factor per unit – Police $819 750 plus the Adjustment Factor per unit – Fire $109 100 plus the Adjustment Factor per unit – Public Works $595 545 plus the Adjustment Factor per unit – Recreation $109 100 plus the Adjustment Factor per unit – Community Facilities Multifamily Residential Dwelling Units $614 563 per unit consisting of: $205 188 plus the Adjustment Factor per unit – Police $205 188 plus the Adjustment Factor per unit – Fire $27 25 plus the Adjustment Factor per unit – Public Works $150 137 plus the Adjustment Factor per unit – Recreation $27 25 plus the Adjustment Factor per unit – Community Facilities
Appears in 1 contract
Sources: Development Agreement