HomeMy WebLinkAboutAdmin Approval for Parkland DedicationCity of College Station
Administrative Approval for Required Parkland Dedications of Less than Five Acres
1. Applicant Name: Justin Whitworth, Bona Fide Acquisitions, LLC
Address: 4400 Old College Road Bryan, TX 77801
Phone: (979) 703 - 8925 E-Mail: iustin(dmorthcre.com
2. Development Name: Northgate Proper Apartments Project #: 13-37
Development Location: Lots 6 — 10 Block 2 Tauber Addition
3. Dwelling Units: 0 Single Family 33 Multi -family Units, located in Neighborhood Park Zone 1
0 Single Family 33 Multi -family Units, located in Community Park Zone C
4. Development Fees and Dedication Requirements:
S.
a. Land Dedication or Fee in Lieu of Land (Choose One):
Neighborhood Community Total
Single Family: One (1) acre per 117 DU's 0 ac One (1) acre per 128 DU's 0 ac = 0 ac
Multi -family: One (1) acre per 117 DU's 0 ac One (1) acre per 128 DU's 0 ac = 0 ac
Fee Paid in Lieu of Land Dedication
Neighborhood
Single Family: @ $27400 per DU $ 0
TOTAL =
-OR-
Community
@ $250 00 per DU $ 0 =
Multi -family: @ $27400 per DU $ 9,042.00 @ $25000 per DU $ 8,250.00 = $ 17,292.00
TOTAL (Neighborhood and Community) _ $ 17,292.00
b. Development Fee:
Neighborhood
Community
Total
Acres
Single Family @ $362 0° per DU $ 0 Single Family @ $37500 per DU $ 0 = $ 0
Multi -family @ $36200 per DU $11,946.00 Multi -family @ $750.00 per DU $ 24,750.00 = $ 36,696.00
TOTAL (Neighborhood and Community) = $ 36,696.00
The City of College Station agrees to accept:
GRAND TOTAL (Neighborhood and Community) 33 Units x $1,636.00 = $ 53,988.00
— Land Dedication 0
Name Date