4921
-
6337
-
9279 v3
EXHIBIT F
Development Impact Fee
List
Description of Fee
Affordable H
ousing Impact Fe
e
1 •
Single Family
-
$4.75 per sq ft
•
Condominium
-
$4.75 per sq ft
•
Multi
-
Family
-
$4.05 per sq ft
•
Office
-
$3.55 per sq ft
•
Retail
-
3.55 per sq ft
•
Hotel
-
$6.00 per sq ft
Street Improvement
•
Condominium
-
$1,516 per unit
•
Hotel
-
$1,787 per room
•
Restaurant
-
High Turnover Sit
-
Down Downtown
-
$
11,541
per 1000 square feet
•
Retail
-
$6,338 per 1000 square feet
Utility Underground
•
Condominium
-
$1,388 per unit
•
Hotel
-
$119 per room
•
Restaurant
-
High Turnover Sit
-
Down Downtown
-
$
771
per 1000 square feet
•
Retail
-
$423 per 1000 square feet
Fire and Paramedic Impact Fee
•
Single Family Residential
-
$656 per dwelling unit
•
Multi Family
Residential
-
$589 per dwelling unit
•
Commercial
-
$0.51 per sq ft
•
Office
-
$0.32 per sq ft
•
Industrial
-
$1.17 per sq ft
These fees are developed by the Fire Department and are updated annuall y, per NMC 15.78
and R2016
-
164
Parking Impact Fees
•
$23,000 per net new
public
parking space
licensed to Developer
2 Parks Fee (Quadrant 2)
•
Park Dedication Fees (per unit)
o
Single Family
-
detached: $6,581
o
Single Family
-
attached: $4,723
o
Duplex: $4,884
o
Multi
-
Family: $4,196
o
Mobile Homes: $3,462
1 As set forth in
Development Agreement Section 6.1.2
Developer intends to satisfy its Affordable Housing
Impact Fee requirements through use of the
Alternative Equivalent
.
2 See
Development Section 6.1.3
regarding parking requirements.
ATTACHMENT 11
4921
-
6337
-
9279 v3
•
Park Development Fees (per
unit)
o
Single Family
-
detached: $1,003
o
Single Family
-
attached: $720
o
Duplex: $744
o
Multi
-
Family: $639
o
Mobile Homes: $528
Public Art Fee:
For Non
-
Residential development over $250,000 (NMC 15.108; R2021 -
105)
•
1% of Construction Cost
3 EXHIBIT F
FEE
ESTIMATES
The following tables are an illustrative example of the
calculation
of the Development
Impact
fees
in the table above and other fees applicable to the Project, including processing fees. Only the Development Impact Fees listed
in the table
above are subject to the Impact
Fee Lock Period as set forth in Section 5.1 of the Development Agreement. All other fees shall be calculated in accordance with the Development Agreement at the time such fees are due in the amounts applicable at the time t
he fees are pai
d.
The
Development
Impact
Fees were calculated by the City based on
the
rate in th
e table above
pursuant to
D
evelopment
A
greement
Section 5.1 and based on square feet or unit counts
, and valuation
provided by the
D
eveloper.
The actual amount of the Development Impact Fees will be based on actual square feet, unit counts, and valuation based on approved building permits.
All o
ther fees,
including
processing fees subject to D
evelopment
A
greement
Section 5.2,
were estimated base
d
on information provided by Developer and
are illustrative estimates
only, the actual amount of the fee
will conform to the City’s Master Fee Schedule.
Final fee
calculations shall be calculated pursuant to D
evelopment
A
greement
Article V.
BUILDING 1: Hotel & Retail
Description of Fee
Amount
A
-
Building Permit Fee
$137,300.43
A
-
Building Plan Check Review
$90,618.28
A
-
Fire Plan Check Review
$32,952.10
A
-
High Performance Fee
$34,325.11
A
-
Planning Advanced Fee
$6,865.02
A
-
Planning Plan Check Fee
$13,730.04
C
-
Building Standards Admin Fund
$1,455.00
C
-
Public Art Fee
$363,535.99
C
-
SMIP TAX (Commercial)
$10,178.84
3 See
Development Agreement Section 6.1.8
ATTACHMENT 11
4921
-
6337
-
9279 v3
D
-
Land Dev Excise (Commercial)
$1,831.07
H
-
Plumbing Fee (Commercial)
$54,530.40
I
-
Mechanical Fee (Commercial)
$54,530.40
L
-
Electrical Fee (Commercial)
$54,530.40
M
-
Insulation
$1,831.07
P
-
Affordable Hsng Impact (Com Hotel)
$1,058,736.00
P
-
Afford Hsng Impact (Com Retail)
$23,611.05
S
-
Const & Amp; Demo Debris Building
$231.64
S
-
Const & Amp; Demo Debris Recycling
$463.36
S
-
Street Improvement
$316,449.00
S
-
Utility Underground
$21,070.00
Total
$
2,278,775.20
NOTES:
1. Fees based on 176,456 square feet of hotel (161 rooms)
2. Fees based on 6,651 square feet of retail
3. Valuation based on February 2025 ICC Table (Hotel R
-
1 $198.22 and Retail B $206.96)
; Job Valuation
$36,353,599.30.
4. Fees based on information provided by applicant (no plans submitted at the time of estimate)
ATTACHMENT 11
4921
-
6337
-
9279 v3
BUILDING
2 :
Residential, Retail, & Parking
Description of Fee
Amount
A
-
Building Permit Fee
$120,292.61
A
-
Building Plan Check Review
$79,393.12
A
-
Fire Plan Check Review
$28,870.23
A
-
High Performance Fee
$30,073.15
A
-
Landscape Review Fee
$400.00
A
-
Planning Advanced Fee
$6,014.63
A
-
Planning Plan Check Fee
$12,029.26
C
-
Building Standards Admin Fund
$1,190.00
C
-
SMIP TAX (Commercial)
$1,967.53
C
-
SMIP TAX (Residential)
$2,951.98
D
-
Land Dev Excise (Commercial)
$585.89
D
-
Land Dev Excise (Residential)
$9,750.00
F
-
Park Fees
Quadrant 2
$377,130.00
H
-
Plumbing Fee (Commercial)
$17,648.95
H
-
Plumbing Fee (Residential)
$21,840.00
I
-
Mechanical Fee (Commercial)
$17,648.95
I
-
Mechanical Fee (Residential)
$21,840.00
L
-
Electrical Fee (Commercial)
$17,648.95
L
-
Electrical Fee (Residential)
$21,840.00
M
-
Insulation
$21,840.00
P
-
Affordable Hsng Impact (Com Retail)
$16,148.95
P
-
Afford Hsng Impact (Res Multi Family)
$48
5 ,797.50
S
-
Const & Amp; Demo Debris Building
$231.64
S
-
Const & Amp; Demo Debris Recycling
$463.36
S
-
Street
Improvement
$539,240.00
S
-
Utility Underground
$136,296
Total
$
1,989,132.70
NOTES:
1. Fees based on 119,950 square feet of residential
2. Fees based on 69,600 square feet of other (stairwells, elevators, recreation, pool, lobby)
3. Fees based on 54,040
square feet of parking
4. Fees based on 4,549 square feet of retail
5. Valuation based on February 2025 ICC Table (Residential R -
2 $149.80, Other U $68.09, Parking S
-
1 $112.61, and Retail B $206.96)
; Job Valuation $29,734,479.
6. Street improvement fees and utility underground are based on public works tables and have not been verified.
7. Fees based on information provided by applicant (no plans submitted at the time of estimate)
ATTACHMENT 11