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Total Project Cost $4,072,616 <br />Federal Regional Solicitation (SRTS) ($1,000,000) <br />State SRTS Infrastructure Funding ($1,000,000) <br />MnDNR Local Trail Connections ($250,000) <br />Ramsey County Contribution 550 000 <br />City Obligation <br />$1,272,616 <br />Of the City's Obligation roughly $1,275,000; $695,000 would be considered Municipal State <br />Aid eligible costs. The remainder $580,000 would derive from the City's PIR-Parks fund. <br />The 2024-2028 CIP budget for the proposed Old Highway 10 Trail is based off the latest <br />feasibility study cost estimate that was completed prior to design which was roughly $2.6 million <br />total project cost. City staff will need to adjust the project costs to reflect the latest cost estimate <br />based off of the current design which is $4.1 million. The itemized engineer's cost estimate is <br />provided in Attachment B, a couple items to note that are reasons for the significant increase <br />found through the design process is the boardwalk and retaining wall costs. <br />Attachments <br />Attachment A: 2024-2028 CIP detail sheet <br />Attachment B: Engineer's cost estimate <br />Attachment C: Condensed construction plan set <br />Attachment D: Presentation Slides <br />Page 3 of 3 <br />