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Agenda Packet_2024-09-17
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Agenda Packet_2024-09-17
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Clerk of the Council
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9/17/2024
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19 <br /> SECTION IV <br />LAND IMPROVEMENT INDIRECT <br />COSTS <br /> <br /> <br /> <br />Related Bristol at 3600 South Bristol Street September 27, 2023 <br />Land Residual Value Study Report <br /> <br />www.FinanceDTA.com <br />D Development Consulting <br />In addition to the environmental reports listed above, a developer of a project of this size <br />may be required to produce additional studies or retain consultants to support TTM <br />applications. A partial listing of potential studies is included below. <br /> Attorneys; Landscape Architect; <br /> Appraisal; Lighting Consultant; <br /> Aerial Photography; Market Studies; <br /> Financial Consultant; Off-Site Project Consultant; <br /> Scheduling Consultant; Structural Engineering; <br /> DA Consultant; Fire Hazard Consultant; <br /> Design Guidelines; Sewer Hydraulic Analysis; <br /> Assessment District Consultants; Traffic Studies; <br /> Architect, Preliminary Studies; Water System Design; <br /> Architect, Commercial Site; Visual Stimulation; <br /> Architect, School Site; Political Consultant; <br /> Land Planning and Design; Public Outreach; and <br /> Consumer Polling; Dry Utility Consulting. <br /> SWPPP Consultant; <br /> <br />Table 19: Development Consulting Estimate <br />Development Consulting Phase 1 Phase 2 Phase 3 Total <br />Apartment $3,264,667 $1,128,760 $885,811 $5,279,239 <br />Commercial $185,628 $75,112 $116,233 $376,973 <br />Hotel $268,222 $0 $0 $268,222 <br />Congregate $9,610 $0 $0 $9,610 <br />Amenity $149,847 $7,677 $277,524 $435,048 <br />Total Development Consulting $3,877,975 $1,211,549 $1,279,569 $6,369,092 <br />E Planning Fees, Deposits, and Permits <br />As required by City ordinances and policies, a developer is required to pay various fees to <br />compensate the City for reviewing plans and reports. Cities often require developers to <br />make deposits to be made to ensure developer payment for future services, such as <br />inspection fees. The City requires developers to obtain permits for the installation of <br />approved construction projects. <br />Exhibit 10 <br /> <br /> <br />City Council 22 – 504 9/17/2024
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