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Development Impact Fees Agreement with John Reichel (dba Sunwest Enterprises)
Colton
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2001
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03/06/2001 6:15 pm
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STAFF REPORTS:
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Development Impact Fees Agreement
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Development Impact Fees Agreement with John Reichel (dba Sunwest Enterprises)
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2/23/2014 8:45:34 PM
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2/19/2014 8:54:28 PM
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Agenda Item
Meeting Date
3/6/2001
Meeting Time
6:15:00 PM
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REQUEST FOR FEE CREDITS/WAIVERS <br />SUNWEST ENTERPRISES <br />(Traffic Impact Fees) <br />By waiving the remaining unpaid fees of $74,154, the City will in effect make a <br />contribution to the Developer for completion of the remaining street improvements <br />estimated to cost $83,138. The Developer has also agreed to complete a missing <br />sidewalk link adjoining the detention basin on Meridian at an estimated cost of $12,740. <br />The Developer is also constructing sidewalks and landscape for portions of CFD 89-2 as <br />part of the adjoining site development. <br />Using the Developer's estimate of fees for the commercial site, the total estimated value <br />of the fee credits and fee waivers is $306,376. <br />Exhibits <br />Exhibit A <br />Developer Request <br />Exhibit B <br />Ordinance 0-00-02/Colton MC 12.132.110 <br />Exhibit C <br />Summary of Tract Maps within CFD 89-2 <br />Exhibit D <br />Estimate of Developer's Traffic Impact Fee Obligations <br />Exhibit E <br />ERU Table/Conversion to Commercial Acreage ERU <br />Exhibit F <br />Computation of Traffic Impact Fee Eligible Projects/Credits <br />Exhibit G <br />Correspondence regarding Remaining Street Improvements <br />Page 7of7 <br />
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