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This page is for the applicant's reference,it does not need to be submitted. <br /> 2020 Meetings & Fees <br /> Meetings Date <br /> Concept Review Meeting(city staff review) <br /> Parks and Recreation Meeting(open to the public) <br /> Planning Commission Meeting(preliminary plat—public hearing) <br /> City Council Meeting(preliminary plat—public hearing) <br /> City Council Meeting(final plat—meeting open to the public) <br /> Costs/Fees <br /> These are typical fees associated with a development;there may be additional fees depending upon the scope <br /> of the development. <br /> Preliminary platting fee $275.00 <br /> Escrow for consultants $1,500.00 <br /> Park dedication Residential: <br /> $1,425.93/dwelling unit-Low Density(<4 DU/acre) <br /> $1,075.79/dwelling unit-Medium Density(4 to <7 DU/acre) <br /> $4,897.04/dwelling unit-High Density(>7 DU/acre) <br /> Commercial: <br /> 8%of county assessed value of property <br /> Industrial <br /> 6%of county assessed value of property <br /> Sewer Availability Charge (SAC) $5,385 per unit <br /> Sewer&Water Hookup Permit $150 commercial+ $2,000 bond in favor of the City of Elk River <br /> $65 residential+ $2,000 bond in favor of the City of Elk River <br /> Elk River Municipal Utilities Fees <br /> Water Connection Charge $3,396 per Plumbing Unit (Builder) <br /> Water Availability Charge $368 per Pluming Unit(Developer) <br /> Please contact Elk River Municipal Utilities directly for electrical connection fees or other costs that may be <br /> involved in connecting to services (763.441.2020) <br /> 100%LETTER OF CREDIT FOR THE PUBLIC IMPROVEMENTS <br /> A warranty bond in the amount of 25%of the cost of the public improvements is required to be provided to <br /> the city for a one (1) year period after city acceptance of the public improvements. <br /> Page 3 (Last Modified 8/7/2020) <br />