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5.2 Project Funding <br /> Proposed project funding sources are a combination of the City's Permanent Improvement <br /> Revolving (PIR) fund, utility funds, and special assessments for street improvements as <br /> summarized in Table 6 and 7 below. <br /> Table 6- Summary of Project Funding Sources <br /> Area 1—Hazelnut Park Neighborhood <br /> With Prior Ave Included in Assessments Prior Ave Not Included in Assessments <br /> Alternative 1 Alternative 2 Alternative 1 Alternative 2 <br /> Source Funding Funding Funding Funding <br /> PIR Fund $1,006,312 $935,996 $1,190,991 $1,120,679 <br /> Residential Assessments $1,006,312 $935,996 $821,632 $751,312 <br /> Sanitary Sewer Utility Fund $536,775 $536,775 $536,775 $536,775 <br /> IS <br /> ater Utility Fund $679,959 $679,959 $679,959 $679,959 <br /> urface Water Management Fund $577,162 $418,430 $577,162 $418,430 <br /> otal Estimated Funding $3,806,519 $3,507,155 $3,806,519 $3,507,155 <br /> Table 7 - Summary of Funding Sources <br /> Area 2—Lake Valentine Road <br /> Estimated <br /> Improvement Funding <br /> PIR Fund $226,144 <br /> Residential Assessments $148,905 <br /> MVHS Assessments $79,942 <br /> Sanitary Sewer Improvements $99,203 <br /> Total Estimated Funding $554,194 <br /> Feasibility Report Page 12 <br /> 2021 PAP Street and Utility Improvements <br /> City Project Number PW 21-0100 <br />