1998-10-27 Fees as Per Letter•
•
MEMO
TO: JMJ Properties
FROM: Michael M. Knowlton
RE: City of Albertville
DATE: October 27, 1998
Fees as per Letter of 7/24/98
1. Site Plan Review (Est.)
2. Park Dedication fees -10% of value of land as platted
We estimate 90,000
They offer 50% (45,000)
3. Building Permit Fees
30,000 - 40% waived (12,000)
4. Plan Review Fee, Plumbing Permit
Fee, HVAC Permit Fee
Est. 45,000 10% waived
5. State Inspection Fee
6. Sanitary Sewer Trunk Access Charge
JMJ est. 143,402 (106 acres)
City est. 84,000 (60 acres)
Fee = $1,400/acre
(500/acre for Trunk Line Improvements
900/acre for Lift station improvements)
7. Sanitary Sewer Access Charge
Have changed?
(3200 per 225 gallons of daily flow)
227,555
8. Water Trunk Charge
Not yet established.
est. at 1,000/acre on 60 -106 acres
20,000
45,000
18,000
40,500
5,000
84,000
227,555
60,000
^
• 9. Storm Sewer Fee
Connection Fee = 759.40 x 106/acre = 80,496.40
Subtotal 580,551.40
10. Joint Powers Board 102,000.00
TOTAL 682,551.40
What if: 106 Acre Total
North Property Industrial = 38 acres
Outparcels A, B, C, D and E
15 acres
53 Acres
Industrial Property
38 acres @ 5 - 6 acres of wetlands
33/32 acres Buildable
9/24/98 -City said value = 300,000 = 7895/acre on 38 acres
• lcnowlton\1001-12\Agnnnts\Meeting Notes