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HomeMy WebLinkAboutParkland DedicationCVCS LLC PNC BANK, NAT- .L ASSOCIATION 2609 4520 N. Grand River Avenue - ? L nsing,W�ihMI 48 Square _ - - Lansing, MI 48933 Lansing, MI 48906 _ - -- 06-0121410 (517)"703-2132- 7/2/2010 PAY TO THE City of College Station - ( $ **319,324.00 ORDER OF. Three Hundred Nineteen Thousand Three Hundred Twenty -Four and 00/100***** DOLLARS City of College Station MEMO Parkland Fees I1'002609i1' 1:04i0001241: 4245724312g' cvcs, LLC 2609 City of College Station 7/2/2010 319,324.00 Checking - PNC Chec Parkland Fees cvcs, LLc City of College Station 7/2/2010 319,324.00 2609 319,324.00 Checking - PNC Chec Parkland Fees 319,324.00 City of College Station Administrative Approval for Required Parkland Dedications of Less than Five Acres 1. Applicant Name: Kevin Gasket/ Kimley-Horn and Associates Inc Address: 12700 Park Central Drive Suite 1800 Dallas TX 75251 Phone: 972-770-1300 E-Mail: kevin gaskeyia')kimley-horn.com 2. Development Name: Campus Village Phase 1B Project#: 11-116 Development Location: 1711 Harvey Mitchell Parkway 3. Dwelling Units: Single Family 161 Multi -family Units, located in Neighborhood Park Zone 6 Single Family 161 Multi -family Units, located in Community Park Zone B 4. Development Fees and Dedication Requirements: a. Development Fee: Neighborhood Community Total Single Family @ $764.00 per DU $ Single Family @ $638 °0 per DU $ = $ Multi -family @ $622 00 per DU $ N/A` Multi -family @ $520 °0 per DU $ 83,720 = $ 83 720 TOTAL (Neighborhood and Community) = $ 83.720 b. Land Dedication or Fee in Lieu of Land (Choose One): Neighborhood Community Total Single Family: One (1) acre per 102 DU's ac One (1) acre per 105 DU's ac = ac Multi -family: One (1) acre per 125 DU's ac One (1) acre per 129 DU's ac = ac TOTAL = Acres Fee Paid in Lieu of Land Dedication Neighborhood Single Family: @ $314.00 per DU $ --OR- Community @ $305.00 per DU $ _ Multi -family @ $256.00 per DU $ 41,216 @ $248 " per DU $ 39,928 = $ 81 144 TOTAL (Neighborhood and Community) = $ 81,144 5. Comments: 'On 11/10/09 Parks Board approved waiving Nbrhd Park Dev. Fee for construction of multi -use path The City of College Station agrees to accept: GRAND TOTAL (Neighborhood and Community) 161 Units x $1,024 _ $ 164,864 Land Dedication Name '7cr' Date