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Table VIIl-8 Shared Detention Basin System Cost Allocation Total Equivalent Percent of Total Detention Funding Contributors Dwelling Units (EDU's) Basin System Cost Contributing Development from Inside Specific Plan Area • 189 new homes 189.0 78 .1 • Elementary school 43.6 18.0 • Community park 3.3 1.4 Contributing Development from Outside Specific Plan Area • Costas Property<1> 6.0 2.5 Total 241.9 EDU's 100% Shared detention basin system cost per EDU is equal to 1 EDU -;-241.9 total EDU's, or 0 .0041 x total shared detention basin system cost. Example: Shared detention basin system cost per lot calculation -Lot 1 contains no existing homes and is planned for six new homes (Table IV-1); therefore , six homes, or 6 .0 EDU's x 0 .0041 x total shared detention basin system cost= shared detention basin system cost for Lot 1. The developer of Lot 1 must pay this amount at the time of final subdivision map recordation for this lot, or the issuance of the first building permit for a habitable dwelling , whichever comes first. This amount is required to be paid regardless of how many homes are ultimately developed on Lot 1. <1> The Cost as Property is located immediately north of the Plan Area but will benefit from the Plan Area det ention basin system improvements. Sha red detention basin system cost obligations will be assigned to this property based upon an estimated six total homes, or 6 .0 EDU 's. 106 Page 153 of 749