H5. Resolution 6088, Owl Corp Latecomer Agreement Amendment 2 (2)CITYOF
KALISPELL
To:
Cc:
From:
Re:
Meeting Date:
MEMORANDUM
Doug Russell, City Manager
Susie Turner, PE — Public Works Director
Johnna Preble, City Attorney
Patrick Jentz, PE Engineer 2
Owl Corporation Latecomer Agreement Amendment Two
August 1, 2022
BACKGROUND: The City is the administrator of four water and sewer latecomer agreements.
A latecomer agreement is an agreement between the City of Kalispell and a Developer which
allows the Developer to connect onto an existing City main and extend an oversized water or
sewer main to the property of the Developer. The Agreement sets forth the fair pro rata share of
the total project cost of the extension in exceedance of the requirement to service the
development, to be collected from the owners of property who tap onto, connect or use the
extension. The water and sewer extension latecomer fees are based upon an Equivalent
Dwelling Unit (EDU).
The City is currently administering the 2005 Owl Corporation Agreement which was created in
coordination with the West View Estates development. Owl Corporation extended oversized
water and sewer mains to the West View Estates development and the latecomer agreement was
established to charge, at the time of connection, a latecomer fee. The water EDU reimbursable
amount to the developer was completed in 2011, and only sewer EDUs remain for collection of
latecomer fees.
As part of the latecomer agreement, Owl Corporation oversized the sewer main extension to
West View Estates to service future growth. Based on the sewer extension's capacity, the total
Equivalent Dwelling Units EDUs that can be served is 1,136. A total of 127 EDUs were set aside
for West View Estates, leaving a total of 1,009 EDUs of leftover capacity reimbursable to Owl
Corporation.
Lots within West View Estates were sold by Owl Corporation to third parties who then built
dwelling units on those lots. Latecomer fees were not initially collected by the City from third
party owners who constructed residences and other improvements within West View Estates, and
the Developer did not notify the City that such parcels belonging to third parties within West
View Estates would not be exempt from the latecomer fee.
The City understood the agreement to indicate all houses built within West View Estates were
exempt from latecomer fees, conversely Owl Corporation understood only houses constructed by
Owl Corporation within West View Estates were exempt from latecomer fees. The proposed
amendment clarifies any ambiguity in the Original 2005 Agreement between the City and Owl
Corporation and reconciles exempt latecomer fee collections per the amendment as of September
15, 2021. The amendment does not alter the number of reimbursable EDUs to Owl Corporation
per the
Page 1 of 2
Original 2005 Agreement.
Going forward, the parties agree that the City shall hereafter apply a sewer latecomer fee to
every new EDU connecting to the sewer extension and provide notice of the latecomer fee to
Owl Corporation. The City shall not provide any exemptions to the latecomer fees unless and
until it has received a written communication from the Owl Corporation directing that an
exemption be applied.
FISCAL EFFECTS: There are no fiscal effects for the City of Kalispell.
ACTION REQUESTED: Motion to approve the Second Amendment to and Clarification of
Latecomer Agreement for Reimbursement for Water and Sewer System Extensions.
ALTERNATIVES: As suggested and approved by the City Council.
ATTACHMENTS: Resolution 6088
Second Amendment to and Clarification of Latecomer Agreement
Page 2 of 2
RESOLUTION NO. 6088
A RESOLUTION APPROVING A SECOND AMENDMENT OF THE LATECOMER
AGREEMENT EXECUTED WITH OWL CORPORATION ON AUGUST 10, 2005 TO
CLARIFY THE MANNER IN WHICH REMAINING EQUIVALENT DWELLING UNITS
SHALL BE ASSESSED LATECOMER FEES.
WHEREAS, on August 10, 2005, Owl Corporation and the City of Kalispell entered into a
Latecomers Agreement for Reimbursement for Municipal Water and Sewer System
Extensions ("Agreement") and recorded the Agreement on May 5, 2006, under
Document No. 200612509030, records of Flathead County, Montana; and
WHEREAS, the Agreement required Owl Corporation extend oversized water and sewer mains
to the West View Estates development and set forth the fair pro rata share of the
total project cost of the extension in exceedance of the requirement to service the
development, to be collected from the owners of property who tap onto, connect,
or use the extension. The water and sewer extension latecomer fees are based upon
an Equivalent Dwelling Unit ("EDU"); and
WHEREAS, on May 10, 2011, Owl Corporation and the City of Kalispell agreed to amend the
Agreement to extend the term of the Agreement to thirty years through an
Amendment to Latecomers Agreement for Reimbursement for Municipal Water
and Sewer System Extensions ("First Amendment") and recorded the First
Amendment on May 18, 2011, under Document No. 201100010326, records of
Flathead County, Montana; and
WHEREAS, the water EDU reimbursable amount to the developer was completed in 2011,
therefore, only sewer EDUs remain for collection of latecomer fees; and
WHEREAS, in accordance with the Agreement, Owl Corporation oversized the sewer main
extension to West View Estates to service future growth. Based on the sewer
extension's capacity, the total EDUs that can be served is 1,136. A total of 127
EDUs were set aside for West View Estates, leaving a total of 1,009 EDUs of
leftover capacity reimbursable to Owl Corporation; and
WHEREAS, lots within West View Estates were sold by Owl Corporation to third parties who
then built dwelling units on those lots. Latecomer fees were not initially collected
by the City from third party owners who constructed residences and other
improvements within West View Estates, and the Developer did not notify the City
that such parcels belonging to third parties within West View Estates would not be
exempt from the latecomer fee; and
WHEREAS, the City understood the agreement to indicate all houses built within West View
Estates were exempt from latecomer fees, conversely Owl Corporation understood
only houses constructed by Owl Corporation within West View Estates were
exempt from latecomer fees; and
WHEREAS, the Second Amendment to and Clarification of Latecomer Agreement for
Reimbursement for Water and Sewer System Extensions ("Second Amendment")
provides that the City shall hereafter apply a sewer latecomer fee to every new EDU
connecting to the sewer extension and provide notice of the latecomer fee to Owl
Corporation. The City shall not provide any exemptions to the latecomer fees
unless and until it has received a written communication from Owl Corporation
directing that an exemption be applied; and
WHEREAS, the Second Amendment clarifies any ambiguity in the Original 2005 Agreement
between the City and Owl Corporation and reconciles exempt latecomer fee
collections per the amendment as of September 15, 2021. The Second Amendment
does not alter the number of reimbursable EDUs to Owl Corporation per the
Original 2005 Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION 1. The City Manager is hereby authorized to execute the Second Amendment
to and Clarification of Latecomer Agreement for Reimbursement for Water
and Sewer System Extensions with Owl Corporation.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF
THE CITY OF KALISPELL, THIS 1 ST DAY OF AUGUST, 2022.
Mark Johnson
Mayor
ATTEST:
Aimee Brunckhorst, CMC
City Clerk
Return to:
City Clerk
P.O. Box 1997
Kalispell, MT 59903
SECOND AMENDMENT TO AND CLARIFICATION OF LATECOMER AGREEMENT FOR
REIMBURSEMENT FOR WATER AND SEWER SYSTEM EXTENSIONS
THIS AGREEMENT (herein the "Second Amendment") is made and entered into this day of July
2022, by and between OWL CORPORATION, a Montana corporation, of 500 Palmer Drive, Kalispell, Montana
59901-2767 (herein "Developer"), and the CITY OF KALISPELL, of 201 First Avenue East, Kalispell, Montana
59901 (herein "City"). The Developer and the City are herein sometimes referred to as the "parties," and
individually as a "party."
WHEREAS, on August 10, 2005, the parties entered into a Latecomers Agreement for Reimbursement for
Municipal Water and Sewer System Extensions (herein the "Agreement" or "Original Agreement"), which
Agreement was thereafter recorded on May 5, 2006, under Document No. 200612509030, records of Flathead
County, Montana; and
WHEREAS, the parties subsequently modified and amended the Agreement by that certain Amendment to
Latecomers Agreement for Reimbursement for Municipal Water and Sewer System Extensions, which Amendment
is dated May 10, 2011, and which was thereafter recorded on May 18, 2011, under Document No. 201 100010326
(herein the "Amendment" or "First Amendment") and in which the obligation to the Developer for the Water
System extension upsize was satisfied; and
WHEREAS, the original Agreement between the parties allocated to Developer 127 EDUs, which
allocated EDUs entitled 127 equivalent dwelling units to be connected to the City water and sewer systems which
were extended by the Developer to the property owned by the Developer as described on Exhibit "C", without
paying or incurring any latecomer fee (as that term is defined in the parties' Agreement); and
WHEREAS, residences and other property improvements have been constructed upon the property
described in Exhibit "C", an incorporated and integral part of the Original Agreement, by both the Developer and by
certain other third parties who purchased lots from the Developer. Latecomer fees were not initially collected by the
City from third parties who constructed residences and other improvements on the property described in Exhibit
"C" for the reason that the Developer did not notify the City that such parcels belonging to third parties would not
be exempt from the latecomer fee; and
WHEREAS, the City believes that the purpose of Exhibit "C" was to identify the land area in which the
Developer would construct EDUs to be served by the water and sewer capacity required by these EDUs and
provided to them by the conveyance utilities constructed by the Developer and thereby exempt from latecomer fees,
while the Developer believes that it was the intention of the parties under their Agreement for only those parcels of
the Exhibit "C" land which are developed by Developer itself to be exempt from latecomer fees; and
WHEREAS, because of the different beliefs and understandings of the parties they now wish to further
amend and clarify the Agreement, as amended by the previous Amendments, to document the manner in which the
Page 1 of 3
remaining equivalent dwelling units (herein "EDUs") of the original 127 EDUs shall be designated as exempt from
paying the latecomer fees and distinguish them from the EDU's that will be charged latecomer fees by the City.
NOW THEREFORE, in consideration of and furtherance of the foregoing recitals (which are hereby
incorporated as a part hereof this), in order to clarify any ambiguity in the Original Agreement, as amended by the
First Amendment, and in consideration of the following terms, conditions and covenants, and other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each of the parties, the
parties mutually covenant and agree as follows:
1. Release of Liability: The City shall not have any liability or obligation to Developer for latecomer fees
which have not been charged to any third party prior to the date of this Second Amendment with respect to
connections to the sewer extensions by any such third parties who constructed residences or other buildings
and improvements on any of the real property described in Exhibit "C" of the Original Agreement.
2. Assessment of Future Latecomer Fees: The parties agree that the City shall hereafter invoice a sewer
latecomer fee to every new EDU connecting to the sewer extension and provide notice of the invoices to the
Developer. The City shall not provide any exemptions to the latecomer fees unless and until it has received
a written communication from the Developer directing that an exemption be applied. The parties agree that,
as of the date above written, the Developer has expended a total of 55.6 EDUs within Exhibit C of the
original Agreement, leaving a total of 71.4 EDUs available for the Developer to exempt. The parties agree
that Exhibit "A", attached hereto, is an accurate reconciliation spreadsheet identifying the allocation of the
EDU's to the latecomer fees as of the date above -written.
Remittance to Developer of any Previously Collected Latecomer Fees: The City shall remit to Developer,
within five (5) business days from the date this Second Amendment has been executed by both of the
parties, any and all sewer latecomer fees which the City has collected from and after September 15, 2021,
less the amount which the City is entitled to retain pursuant to that which is set forth in the Original
Agreement. Additionally, the City shall remit to Owl Corporation the latecomer fees which the City has
collected from the Developer itself with 209 Sawyer Lane (8.8 EDUs) and 143 Owl Loop (1.0 EDUs),
which Latecomer fees are in the amount of $9,136.25. Such amount shall also be remitted to Developer
within five (5) business days from the date this Second Amendment is executed by both parties.
4. Amendment of Original Agreement: To the extent the Original Agreement, as amended by the First
Amendment, provides differently or is in any way inconsistent with that which is provided for in the above
Section 2 of this Second Amendment, the Original Agreement is hereby modified and amended.
5. Other Terms and Provisions of Original Agreement and First Amendment: All other terms and provisions
of the Original Agreement, as amended by the First Amendment, which are not inconsistent with that which
is set forth in this Second Amendment shall continue to be applicable and binding upon the parties and their
respective successors and assigns.
IN WITNESS WHEREOF the parties have hereunto set their hands and seals the day and year first above
written.
CITY OF KALISPELL
LIM
Douglas Russell, City Manager
Page 2 of 3
OWL CORPORATION
By
Mark Owens, Secretary -Treasurer
STATE OF MONTANA )
) ss.
County of Flathead )
On this day of July, 2022, before me, a Notary Public in and for the State of Montana, personally
appeared DOUG RUSSELL, known to me to be the City Manager of the City of Kalispell, a municipality, that
executed the within instrument, and acknowledged that such City Manager subscribed, sealed and delivered said
instrument as the free and voluntary act of said municipality, for the uses and purposes therein set forth, and that he
was duly authorized to execute the same on behalf of said municipality.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notary Seal, the day and year first
above written.
SEAL
STATE OF MONTANA )
) ss.
County of Flathead )
Notary Public, State of Montana
Printed Name:
Residing at:
My Commission expires:
On this 6111- day of July, 2022, before me, a Notary Public in and for the State of Montana, personally
appeared MARK OWENS, in his capacity of Secretary -Treasurer of Owl Corporation and acknowledged that in
such capacity he has the legal authority to execute this instrument for the uses and purposes therein stated.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notary Seal, the day and year first
above written.
CHRISTINA E. FARRIER
��5 atna�49y
NOTARY PUBLIC for the
3 p
* SEAL *
State of Montana
Residing at Kalispell, Montana
�4JF0 MO�P�P
S
My Commission Expires
May 06, 2025
Page 3 of 3
Notary Public, S e o Montana
Printed Name:
Residing at: '
My Commission expires: b
EXHIBIT A
Owl Corporation Reconciliation Summary - May 2022
wP0 VIPw FSta1tPS
Lot
Phase
Built (3Y/N-)
Address
Street
Owner
Contractor
Owl EDUs
1
1
1
101
Taelor Rd
Philip Pappas
Philip Pappas
0
2
1
105
Taelor Rd
0
3
1
111
Taelor Rd
Rod Leese
Brian Wiley Construction
0
4
1
1
115
Taelor Rd
Owl Corp
Owl Corp
1
5
1
1
119
Taelor Rd
Corey and Mellisa Wiley
CM Wiley Inc
0
6
1
123
Taelor Rd
0
7
1
1
127
Taelor Rd
Corey and Melisa Wiley
CM Wiley Inc
0
8
2
1
131
Taelor Rd
Jeff and Molly Claridge
CM Wiley Inc
0
9
2
1
135
Taelor Rd
Aaron Duval Const
Aaron Duval Const
0
10
2
1
139
Taelor Rd
Owl Corp
Owl Corp
1
11
2
1
143
Taelor Rd
Robert Brinton
Brinton Construction
0
12
2
1
147
Taelor Rd
Philip Hall Construction
Philip Hall Construction
0
13
2
1
151
Taelor Rd
Bill and Jana Pursell
J Martin BUilders
0
14
2
155
Taelor Rd
0
15
2
1
159
Taelor Rd
Alpine Homes
Alpine Homes
0
16
2
1
163
Taelor Rd
J&F Const
J&F Const
0
17
2
1
167
Taelor Rd
Looks Builders
Lipka Builders
0
18
2
1
104
Owens Ct
Steve Manaras
0
19
2
1
108
Owens Ct
Pickering Family Homes
0
20
2
1
112
Owens Ct
XW Consulting
XW Consulting
0
21
2
1
116
Owens Ct
Brain Solan
Brian Solan
0
22
2
1
171
Taelor Rd
RM Allen Const
RM Allen Const
0
23
2
1
175
Taelor Rd
Endorses Investments
J&F Const
0
24
2
1
179
Taelor Rd
Victor Duffy
Victor Duffy
0
25
2
1
183
Taelor Rd
BID Inc
BID Inc
0
26
2
1
187
Taelor Rd
Griz Properties
Aaron Duval Construction
0
27
2
1 j
191
Taelor Rd
Vic Dufffy
Vic Duffy
0
28
2
1
195
Taelor Rd
Owl Corp
Owl Corp
1
29
2
1
199
Taelor Rd
Chris & Marie West
Westward Bound Const
0
30
2
1
203
Taelor Rd
RM Allen Const
RM Allen Const
0
31
2
1
207
Taelor Rd
Levi Oja
Levi Oja
0
32
2
1
211
Taelor Rd
Aaron Duval Construction
Aaron Duval Construction
0
33
2
1
202
Taelor Rd
Josiah ooney
Northwind Developments
0
34
5
1
176
Owl Loop
Brian Wiley
Brian Wiley Construction
0
35
5
1
172
Owl Loop
Mark Pond
Mark Pond General Contracting
0
36
5
168
Owl Loop
0
37
5
1
164
Owl Loop
Lee Munio
Lee Munio
0
38
5
160
Owl Loop
0
39
5
1
156
Owl Loop
Northwind Developments
Northwind Developments
0
40
5
1
152
Owl Loop
Northwind Developments
Northwind Developments
0
41
5
150
Owl Loop
0
42
5
148
Owl Loop
0
43
5
146
Owl Loop
0
44
4
1
280
Landing Ln
Mark Neiman
Mark Neiman
0
45
4
1
276
Landing Ln
Chris and Jeannin Potter
Brian Wiley Construction
0
46
4
1
272
Landing Ln
Josiah and Amber Mooney
Northwind Developments
0
47
4
268
Landing Ln
0
48
4
1
271
Landing Ln
Nicholas and Eva Tanninen
Nicholas and Eva Tanninen
0
49
4
1
1 275
Landing Ln
Kent Property LLC
Montana Craft Homes LLC
0
50
4
140
Owl Loop
Dan Sarkkinen
Scandla Builders Inc.
0
Sl
4
1
136
Owl Loop
Kent Property LLC
Montana Craft Homes LLC
0
52
4
1
132
Owl Loop
0
53
4
1
128
Owl Loop
Northwind Developments
Northwind Developments
0
54
4
1
116
Owl Loop
Brad Watti
Brad Watti
0
55
4
1
112
Owl Loop
Hugh Fenwick
Aaron Duval Const
0
56
4
1
108
Owl Loop
Hugh Fenwick
Aaron Duval Const
0
57
1
1
130
Taelor Rd
Northwind Developments
Northwind Developments
0
58
No Lot
0
59
No Lot
0
60
No Lot
0
61
No Lot
0
62
No Lot
0
63
1
1
1 134
Taelor Rd
Alpine Homes LLC
Alpine Homes LLC
0
64
4
1
107
Owl Loop
Northwind Developments
Northwind Developments
0
65
4
1
111
Owl Loop
Cameron Homola
Cameron Homola
0
66
4
1
115
Owl Loop
RM Allen Const
RM Allen Const
0
67
4
1
119
lOwl Loop
IMichael Allen
RM Allen Const
0
6
1 4
1
123
jOwl Loop
lKirk Pederson
Kirk Pederson
0
69
1 5
1
127
jOwI Loop
IStrouds Blanton Investments
Sapphire Construction Services
0
Lot
Phase
Built (1Y/N-)
Address
Street
Owner
Contractor
Owl EDUs
70
5
131
Owl Loop
0
71
5
1
135
Owl Loop
Northwind Developments
Northwind Development
0
72
5
139
Owl Loop
0
73
5
1
143
Owl Loop
Owl Corp
Owl Corp, Corey Wiley
1
74
5
1
147
Owl Loop
Kirk Pederson
Kirk Pederson
0
75 1
5
1 1
151
Owl Loop
RM Allen Const
RM Allen Const
0
76
5
155
Owl Loop
0
77
5
1
159
Owl Loop
Nedelko Milijasevic
BID Inc
0
78
5
163
Owl Loop
0
79
5
1
167
Owl Loop
BID Inc
BID Inc
0
80
5
1
171
Owl Loop
Mark Dennehy
Brian Wiley Construction
0
81
2
1
198
Taelor Rd
RM Allen Const
RM Allen Const
0
82
2
1
194
Taelor Rd
RM Allen Const
RM ALlen Const
0
83
2
1
190
Taelor Rd
Gillette Const
Gillette Const
0
84
2
1
186
Taelor Rd
Robinson Craig
Trademark Properties LLC
0
85
2
1
182
Taelor Rd
0
86
3
1
168
Ali Loop
Brad and Halley Waatti
Brad and Halley Waatti
0
87
3
1
164
Ali Loop
Chris & Marie West
Westward Bound Cont
0
88
3
1
160
Ali Loop
BID Inc
BID Inc
0
89
3
1
156
Ali Loop
BID Inc
BID Inc
0
90
3
1
152
Ali Loop
Owl Corp
Owl Corp
1
91
3
1
148
Ali Loop
Ryan Dunn
Ryan Dunn
0
92
3
1
144
Ali Loop
Owl Corp
Owl Corp
1
93
3
1
140
Ali Loop
Owl Corp
BID inc
1
94
3
1
136
Ali Loop
Tyson Moir
Alpine Homes LLC
0
95
3
1
132
Ali Loop
BID Inc
BID inc
0
96
3
1
128
Ali Loop
Cheryl Main
CM Wiley Inc
0
97
3
1
124
Ali Loop
Kirk Pederson
Kirk Pederson
0
98
3
1
120
Ali Loop
Alex Evans
Head Const
0
99
3
1
116
Ali Loop
Owl Corp
Owl Corp
1
100
3
1
112
Ali Loop
Derek Janie Toren
Gillette Construction
0
101
3
1
108
Ali Loop
Gillette Construction
Gillette Construction
0
102
3
1
104
Ali Loop
Doug Lundell
Doug Lundell
0
103
2
1
100
Ali Loop
Brandon and Lacy Nielson
Gillette Construction
0
104
2
1
142
Taelor Rd
Owl Corp
Owl Corp
1
105
2
1
146
Taelor Rd
Arie Gray
Arie Gray
0
106
2
1
150
Taelor Rd
Gillette Construction
Gillette Construction
0
107
2
1
154
Taelor Rd
Gillette Construction
Gillette Construction
0
108
2
1
158
Taelor Rd
BID Inc
BID inc
0
109
2
1
162
Taelor Rd
Jon Battle & Carey Lyn Hill
Jon Battle & Carey Lyn Hill
0
110
2
1
166
Taelor Rd
Jarrod Auric
XW Consulting
0
111
2
1
170
Taelor Rd
Lipka Builders
Lipka Builders
0
112
2
1
174
Taelor Rd
Sally & Kit Clark
Iron Start Construction
0
113
2
1
178
Taelor Rd
Thomson Moir
Davison Development Co.
0
114
3
172
Ali Loop
0
115
3
1
176
Ali Loop
Owl Corp
Owl Corp
1
116
3
1
180
Ali Loop
Brian and Mikki Wiley
Brian Wiley Const
0
117
3
1
184
All Loop
XW Consulting
XW Consulting
0
118
3
1
188
Ali Loop
Gillette Const
Gillette Const
0
119
3
1
192
Ali Loop
Owl Corp
Owl Corp
1
120
1 3
1
196
Ali Loop
Owl Corp
Owl Corp
1
121
3
1
200
Ali Loop
Chris Semler
Pioneer Property Solutions
0
122
3
1
201
Ali Loop
Davison Development
Davison Development
0
123
3
1
197
Ali Loop
1&F Construction
J&F Construction
0
124
3
1
193
Ali Loop
Pioneer Property Solutions
Pioneer Property Solutions
0
125
3
1
189
Ali Loop
John Olsen
Stumptown Deisgn Build
0
126
3
1
185
Ali Loop
Matt Ek
Iron Star Construction
0
I SF = 121 105
Owl View Town Homes
Lot
Phase
Built (lY/N-)
Address
Street
Owner
Contractor
Owl EDUs
la
1
120
Taelor Rd
Owl Corp
Owl Corp
1
lb
1
118
Taelor Rd
Owl Corp
Owl Corp
1
2a
1
116
Taelor Rd
Owl Corp
Owl Corp
1
2b
1
114
Taelor Rd
Owl Corp
Owl Corp
1
3a
112
Taelor Rd
3b
110
Taelor Rd
ITH= 6 4
Total Single Family Lots = 127
Single Family Houses built = 109
Remaining Single Family Lots = 18
Owl View Subdivision
Lot
Phase
Apt Units
Address
Street
Owner
Contractor
Owl EDUs
3
1
8
201
Sawyer Ln
Owl Corp
Owl Corp
6
2A
1
8
202
Sawyer Ln
Owl Corp
Owl Corp
6
3
1
8
205
Sawyer Ln
Owl Corp
Owl Corp
6
2A
1
8
206
Sawyer Ln
Owl Corp
Owl Corp
6
3
1
8
207
Sawyer Ln
Owl Corp
Owl Corp
6
1A
2
11
209
Sawyer Ln
Owl Corp
Owl Corp
9.6
2
12
Sawyer Ln
Owl Corp
Owl Corp
0
2
12
Sawyer Ln
Owl Carp
Owl Corp
0
2
12
Sawyer Ln
Owl Corp
Owl Corp
0
2
12
Sawyer Ln
Owl Corp
Owl Corp
0
2
12
Sawyer Ln
Owl Corp
Owl Corp
0
2
12
Sawyer Ln
Owl Corp
Owl Corp
0
2
12
Sawyer Ln
Owl Carp
Owl Corp
0
2
12
Sawyer Ln
Owl Corp
Owl Corp
0
2
12
Sawyer Ln
Owl Corp
Owl Corp
0
108
Total EDUs from Single Family Built =
Total EDUs from Apartments =
109
39.6
Total EDUs Built in Exhibit C =
148.6
Total Remaining Single Family EDUs
Estimated Future Apartment EDUs =
18
86.4
Total EDUs Remaining in Exhibit C =
104.4
Total Owl Corp EDUs in Exhibit C
Notes:
White cells were not charged per Agreement
Yellow highlighted cells were charged to Owl Corp within Exhibit C
Blue highlighted cells were charged within Exhibit C
Green highlighted cells are pending Owl Corp Review
39.6