BISHOPS RUN

PUBLIC FACILITY PROFFERS

January 7, 2004 

Contribution                                                                                       Value

1.  Schools cash payment for 118 units ($11,890/lot)*.                     $1,403,020.00

2.  On-site Fire & Rescue dedication (±3.27 acres).                         $   110,624.00

3.  Off-site Fire & Rescue dedication (±2.23 acres).                        $   450,000.00

4.  Off-site Fire & Rescue water line.                                               $     35,000.00

5.  Off-site Fire & Rescue site preparation work.                             $     25,000.00

6.  Off-site Fire & Rescue sewer line.                                               $     45,000.00

7.  Off-site WSA New Baltimore water line.                                    $   125,000.00

8.  Off-site traffic improvement (Rt.676/Rt. 600).                             $     25,000.00

9.  Off-site contribution to traffic signalization (Rt.676/Rt. 29)           $     25,000.00

            TOTAL PUBLIC CONTRIBUTIONS:         $2,243,644.00

*The Applicant has a “by-right” residential density of 30 units for the Bishops Run property (Gaines and Cosner properties).  In addition, the 20 apartment units proposed over the commercial uses would have a negligible effect on school seats.

The total of $2,243,644.00 in cash and facilities divided by the 138 units (l68 units – 30 units = 138 units) equals a per unit proffer value of $16,258.00/unit.   However, the total of $2,243,644.00 in cash and facilities divided by the 118 units (l68 units – 30 units + 20 Apts. = 118 units) equals a per unit proffer value of $19,014.00/unit. 

The next result is a total proffer package from a minimum of $211,000  to over $224,000 above the County’s “Proffer Policy”.