City Fee Waivers. (a) Since the Developer will be fully improving the adjacent Opal Ln and Roland Ln across the property and dedicating necessary ROW, the value of those Opal Ln and Roland Ln improvements and the value of the additional ROW dedication will be credited against the Adjacent Lane Mile fees (ALMF) for the Project.
(b) To determine the dollar value of construction improvements being credited against the Adjacent Lane Mile Fee (ALMF), prior to acceptance of the improvements by the City, the Developer will provide an Engineer’s Cost Summary acceptable to the City Engineer that will include final pay applications and all applicable invoices related to the construction, engineering, design and all fees incurred to complete the full scope of Opal Ln and Roland Ln improvements. The Cost Summary will include a calculation which shall credit the actual cost total from the ALMF due for units in the Preliminary Plat. If the actual cost credit fails to cover the entire ALMF due, the remaining amount shall be paid under the normal City process.
(a) At the Developer’s option, to determine the dollar value to be credited against the Adjacent Lane Mile Fee (ALMF) for the any additional ROW being dedicated for the re-route of Opal Ln and Roland Ln that exceeds the City’s standard requirement, a third-party appraisal may be conducted prior to the dedication of said ROW to the City. This appraised value plus the cost of obtaining the value may also be credited against the Adjacent Lane Mile Fee (ALMF) due for the units in the Preliminary Plat.
City Fee Waivers. Since the Developer will be fully improving the adjacent Opal Ln and Xxxxxx Xx across the property and dedicating necessary ROW, the value of those Opal Ln and Xxxxxx Xx improvements and the value of the additional ROW dedication will be credited against the Adjacent Lane Mile fees (ALMF) for the Project.
