Laserfiche WebLink
Page 2 of 2 <br /> <br /> <br /> <br />Budget Impact <br /> <br />The project is proposed to include cost participation from the City of Arden Hills and the City of <br />Shoreview. The total project construction cost is estimated to be $9.4 million. The cost <br />allocated to the City of Arden Hills is estimated to be $710,701. The cost allocated to the City of <br />Shoreview is estimated to be $1,032,356. This information is subject to change as the design <br />process proceeds towards completion. <br /> <br />Below is a summary of the estimated construction cost and the associated funding. <br /> <br />Estimated Construction Costs <br />Items Estimated Cost <br />Traffic Signals, Sidewalk, Traffic Control $333,190 <br />Water Main $377,511 <br />Total $710,701 <br /> <br /> <br />Estimated Funding <br /> <br /> <br /> <br />Attachment <br /> <br />Attachment A: Draft Concept Layout <br />Item Current Est. Funding Anticipated Funding <br />PIR Fund $300,000 $333,190 <br />Water Utility $250,000 $377,511 <br />Total Cost $550,000 $710,701 <br />Special Assessments $0 ($166,595) <br />Total Net Cost to City $550,000 $544,106