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7. Applicant shall pay design review fees, permit fees, inspection fees, sewer connection fees, and any other fees charged by the City or other reviewing agencies for the review, approval, permitting and inspection of the public and private improvements. 8. Applicant shall pay park improvement fees, construct park improvements, or a combination of both. The park improvement fee for the proposed 200 residential units is $348,884. This fee will be reduced by the value of public park improvements constructed by the applicant. This fee is due when the building permit is issued. 9. Applicant shall either dedicate parkland, pay park in lieu fees, or a combination of both as required by the San Leandro Municipal Code. The park in lieu fee for the proposed 200 residential units is 52,073,626. The value of improvements made to public and private recreational areas that are not credited toward the -park improvement fee will be credited against the park in lieu fee. This fee will be reduced by the ratio of supplied park area to required park area (the required park area for 200 units is 67,744 sf per the Municipal Code). The supplied park area shall be credited as follows: 100% of area that is public open space, 50% of area that is private open space with usage intensity similar to public parks, 25% of area that is private open space with usage intensity less than public parks. This fee is due when the building permit is issued. 10. Applicant shall pay the Development Fee for Street Improvements (DFSI) prior to issuance of a building permit. The standard DFSI is $1,106.43/unit for multi -unit residential development and $3.44/gross sf for retail; however, this project is located within %4 mile of a BART station and may produce less traffic than typical. This fee may be reduced by up to 40% if a reduction is justified by a traffic study of the development. It is the applicant's responsibility to produce such a study. Without reductions the amount of the fee is $233,793.84. 11. Applicant shall mitigate the impact of traffic generated by this project on the Marina Boulevard / Interstate 880 interchange. An analysis by the City has concluded that the cost of mitigation of each additional peak hour trip in 2030 is $1,822.60. An analysis by the developer has concluded that this project contributes 8 additional peak hour trips to the interchange. The total fee is $14,580.80. This fee is due when the building permit is issued. 12. Applicant shall either enter into a subdivision improvement agreement with the City and provide security for the cost of the improvements, or enter into a cooperative improvement agreement with the City specifying which party will construct the improvements and the time of performance, or construct the following work prior to approval of the final map: Mitigate the impact of traffic generated by this project on the San Leandro Boulevard / Parrott Street intersection by constructing improvements required to improve the level of service to D or better. An analysis submitted by the developer has concluded that this project contributes 0.64% of the traffic at this intersection. Costs of the mitigation in excess of the fair share may be credited toward the DFSI fee. Vesting Tentative Map 7999/ PLN2008-00030 Page 2 Conditions of Approval July 20, 2009